Petrofac, the international oil & gas facilities service provider, announces that Andy Inglis has joined the company as Chief Executive of its Energy Developments and Production Solutions businesses. Following a familiarisation period, he will join the Board of Petrofac in March and will re-locate t
Repsol Chairman Antonio Brufau and Sinopec Chairman Su Shulin today in Madrid presided over the first joint meeting at the top corporate level between both companies following the agreements reached in Brazil. At the meeting, both chairmen agreed to create working groups to analyse new business oppo
Desire Petroleum plc the company wholly focussed on the North Falkland Basin, announces that Eddie Wisniewski, currently a non-executive director, has been appointed Finance Director. Aged 50, Eddie qualified as a Chartered Accountant with Touche Ross & Co, leaving in 1988 to join Clyde Petroleum Pl
Kosmos Energy announced that John R. Kemp III has been named Chairman, and Brian F. Maxted has been promoted to President and Chief Executive Officer and made a member of the company’s Board of Directors. Maxted, along with four other partners, co-founded Kosmos Energy in late 2003. Most recently, M
Petrobras clarifies the news published by the press regarding a potential acquisition of the stakes held by ENI S.p.A. (ENI) in Galp Energia (Galp). The Company states that it is constantly analyzing investment opportunities in Brazil and abroad that are aligned with the strategies set forth in its
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
The EU 27 will exceed its target of meeting 20 % of its gross final energy consumption from renewable sources by 2020. Today the European Wind Energy Association published its analysis of the 27 National Renewable Energy Action Plans, submitted by the EU Member States to the European Commission. “Ta
The EU 27 will exceed its target of meeting 20 % of its gross final energy consumption from renewable sources by 2020. Today the European Wind Energy Association published its analysis of the 27 National Renewable Energy Action Plans, submitted by the EU Member States to the European Commission. “Ta
More than 5,000 jobs could be generated from the marine renewables industry in the south-west, a new report has claimed. (lowcarboneconomy) [mappress] Source: lowcarboneconomy, January 04, 2011
Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipyard, won a $520 million order to build a new ultra-deepwater drillship for Diamond Offshore Drilling Ltd., a subsidiary of Diamond Offshore Drilling Inc., one of the top-class drilling contractors of USA. on January 4. The agreement
KBR announced that it has completed the acquisition of the 44.94 percent share interest in M.W. Kellogg Limited (MWKL) previously held by JGC Corporation . With the completion of the transaction, MWKL, which was previously an affiliate of both companies since 1992, is again a wholly-owned KBR subsid
Acergy S.A . and Subsea 7 Inc. announced that the combination between the parties is expected to be completed on January 7, 2011. In light of this, the following is announced: After completion the new company will be known as Subsea 7 S.A. and the restated Articles of Incorporation approved by Acerg
EnCore Oil plc announces that the Varadero exploration well 28/9-2 located in UK Central North Sea block 28/9 was drilled to a Total Depth of 5,205 feet Measured Depth (M.D.) having successfully encountered excellent quality hydrocarbon bearing reservoir sandstones at 4,020 feet M.D. within the targ
Bounty Oil & Gas NL announces final report on the New Seaclem 1 exploration well in PEP 11, offshore New South Wales. MEC Resources investee company Advent Energy Ltd (Advent) has reported: Final Report Since the last report on 29th December the well was drilled to final depth of 750 metres BRT in a
