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Business & Finance

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Offshore WindFossil Energy
Mammoet Group Now Owns 100% of KR Wind
Business & Finance

Mammoet Group Now Owns 100% of KR Wind

Effective from 10 January 2011, KR Wind is owned 100% by the Mammoet Group. The acquisition will increase Mammoet’s focus on offshore wind turbine construction internationally. KR Wind and Mammoet are already familiar with each other as Mammoet has played an important role to KR Wind from the very b

about 15 years ago
Panoro Energy ASA Signs Farm-out Agreement for Blocks in Santos Basin, Offshore Brazil
Business & Finance

Panoro Energy ASA Signs Farm-out Agreement for Blocks in Santos Basin, Offshore Brazil

Panoro Energy ASA signs farm-out agreement for blocks SM-1035, SM-1036 and SM-1100 in the Santos Basin offshore Brazil Panoro Energy ASA (“PEN”, OSE ticker code), the independent oil and gas company with assets in West Africa and Brazil, is pleased to announce that the Company has reached agreement

about 15 years ago
Namibia: UNX Eenergy Signs 3D Seismic Contract with Polarcus
Business & Finance

Namibia: UNX Eenergy Signs 3D Seismic Contract with Polarcus

UNX Energy Corp., an emerging oil and gas company with interests offshore Namibia, has signed a 3D seismic contract with Polarcus Limited . UNX plans to acquire 1,460 km2 of 3D seismic in the 90%-owned 2713 blocks in offshore Namibia. The 3D seismic program is targeted over a very large feature with

about 15 years ago
Norway: Statoil Gets Green Light For Drilling in Production Licence 035
Business & Finance

Norway: Statoil Gets Green Light For Drilling in Production Licence 035

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 30/11-8 S, cf. Section 8 of the Resource Management Regulations. Well 30/11-8 S will be drilled from the drilling facility Ocean Vanguard in position 60°13’3.03” north and 2°29’22.20” east. The drilling p

about 15 years ago
USA Installs 50% Less Wind Power Than 2009
Business & Finance

USA Installs 50% Less Wind Power Than 2009

New wind installations for 2010 came in at about one-half of the capacity added in the previous year. This surprised no one, as the industry… By Bill Opalka (renewablesbiz) [mappress] Source: renewablesbiz, January 25, 2011

about 15 years ago
USA Installs 50% Less Wind Power Than 2009
Business & Finance

USA Installs 50% Less Wind Power Than 2009

New wind installations for 2010 came in at about one-half of the capacity added in the previous year. This surprised no one, as the industry… By Bill Opalka (renewablesbiz) [mappress] Source: renewablesbiz, January 25, 2011

about 15 years ago
USA: Helix Chief Operating Officer Steps Down
Business & Finance

USA: Helix Chief Operating Officer Steps Down

Helix Energy Solutions Group, Inc. announced today that Bart Heijermans has resigned as Executive Vice President and Chief Operating Officer effective January 21, 2011. Mr. Heijermans’ duties will be assumed by Owen Kratz and other members of senior management. Owen Kratz, Helix’s President and Chie

about 15 years ago
USA: Hyperdynamics Announces Termination of Letter of Intent and Updates Plans
Business & Finance

USA: Hyperdynamics Announces Termination of Letter of Intent and Updates Plans

Hyperdynamics Corporation today announced that the non-binding Letter of Intent it signed with a large independent oil and gas company has been terminated. The announcement of the Letter of Intent was made by Hyperdynamics on December 16, 2010. “We are pleased with the quality of the processed 3D se

about 15 years ago
Agenda set for 2011 Wind & Ocean Energy Seminar (USA)
Business & Finance

Agenda set for 2011 Wind & Ocean Energy Seminar (USA)

The agenda is complete for CompositesWorld’s 2011 Wind & Ocean Energy Seminar, April 13-14 at the Wyndham Portland Airport Hotel in South… (compositesworld) [mappress] Source: compositesworld, January 25, 2011

about 15 years ago
Fairmount Marine Commences Tow of Ultra Large FPSO Pazflor to Angola
Business & Finance

Fairmount Marine Commences Tow of Ultra Large FPSO Pazflor to Angola

Three tugs of FAIRMOUNT MARINE have recently started the tow of floating production storage and offloading unit Pazflor from Korea to Angola. Under command of lead tow master captain Wim van der Kort the tugs FAIRMOUNT EXPEDITION, FAIRMOUNT GLACIER and FAIRMOUNT ALPINE departed from Daewoo Shipbuild

about 15 years ago
UAE: MIS Appoints New Group Sales Director
Business & Finance

UAE: MIS Appoints New Group Sales Director

Appointment in line with company’s aggressive growth strategy UAE-based MIS Group (Maritime Industrial Services), a diversified engineering and contracting group focused on the energy sector, announces the appointment of Colin Anthony Jones as its new Group Sales Director, a move bolstering the comp

about 15 years ago
Denmark: Maersk Oil Acquires Zero Emission Technology Rights
Business & Finance

Denmark: Maersk Oil Acquires Zero Emission Technology Rights

Maersk Oil, a fully owned subsidiary of A.P. Møller – Mærsk A/S, has acquired licences to Clean Energy System’s Oxy-Fuel technology that allows zero-emission power generation in combination with oil and gas projects. The Oxy-Fuel technology uses pure oxygen to combust natural gas or other fuels to p

about 15 years ago
The Netherlands: Fairstar Heavy Transport Clinches New Contract for the FJORD
Business & Finance

The Netherlands: Fairstar Heavy Transport Clinches New Contract for the FJORD

Fairstar Heavy Transport NV (FAIR) has been awarded a contract by Grinaker – LTA Construction Nigeria Ltd., Nigeria, a member of the Worley Parsons Group. The Fairstar semi-submersible vessel FJORD departed from its home port in Rotterdam on January 21 and is now sailing to a rendezvous point in the

about 15 years ago
Maersk Oil: Billion Dollar Project Reaches Major Milestone (Brazil)
Business & Finance

Maersk Oil: Billion Dollar Project Reaches Major Milestone (Brazil)

The floating production unit Maersk Peregrino is in position and ready to work in the booming Brazilian offshore market. The transformation is the pinnacle of a comprehensive process and succeeded only due to excellent partnership and teamwork. The Maersk Peregrino, which comes with a price tag on t

about 15 years ago
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