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Business & Finance

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Valiant Hits Dust off UK
Business & Finance

Valiant Hits Dust off UK

Valiant Petroleum plc (“Valiant”) announces that its Don Southwest ‘H’ Panel exploration well (211/18a-28) has reached total depth of around 11,150 feet (3,400 metres). The well encountered a Brent sand formation with low oil saturations, indicative of a residual oil column which has been breached.

about 16 years ago
Philippines: Nido Announces Tindalo Operations Update
Business & Finance

Philippines: Nido Announces Tindalo Operations Update

Nido Petroleum Limited(Nido), as Operator of Service Contract 54A (SC 54A), wishes to provide this update on the well testing of the Tindalo-1ST1 following the completion of recent workover operations. To allow the greatest chance of test results being a true indication of the flow characteristics o

about 16 years ago
Brazil: Sevan Driller Could Be Back in Action Soon
Business & Finance

Brazil: Sevan Driller Could Be Back in Action Soon

Further to announcements made on November 5, 8 and 19, 2010, all ten ST locks on the BOP have been replaced. The BOP has been lowered to the seabed and testing has been completed. In cooperation with Petrobras, preparations are ongoing to recommence drilling operations, following which the rig will

about 16 years ago
MEO Australia Announces Artemis-1 Progress Report No. 5
Business & Finance

MEO Australia Announces Artemis-1 Progress Report No. 5

MEO Australia Limited advises that since the last progress report, the BOP’s have been run and tested. The 12-¼” hole commenced drilling at 21:30 hrs (Perth time) on Friday 3rd December and has been drilled to a depth of 2,936m. The well was shut in at 18:00 hrs on Sunday 5th December after encounte

about 16 years ago
10 Megawatt Wind Turbines 2011-2013 and 15 Megawatt Wind Turbines by 2020
Business & Finance

10 Megawatt Wind Turbines 2011-2013 and 15 Megawatt Wind Turbines by 2020

The leader of Hull City Council said that plans for wind turbine manufacture at Alexandra Dock could usher in new era of prosperity for the… (nextbigfuture) [mappress] Source: nextbigfuture, December 06, 2010

about 16 years ago
NOW Ireland Welcomes Ireland’s Memorandum of Understanding
Business & Finance

NOW Ireland Welcomes Ireland’s Memorandum of Understanding

Today’s announcement that Ireland has signed a Memorandum of Understanding (MoU) that will see it join a European ‘Supergrid’ has been… (siliconrepublic) [mappress] Source: siliconrepublic, December 06, 2010

about 16 years ago
Alexandra Dock, Door Into Wind Era for Hull (UK)
Business & Finance

Alexandra Dock, Door Into Wind Era for Hull (UK)

The leader of Hull City Council said that plans for wind turbine manufacture at Alexandra Dock could usher in new era of prosperity for the region. At a meeting this morning, Councillor Carl Minns delivered a rousing speech in which he said that the bid to bring offshore wind industry to Hull was an

about 16 years ago
Alexandra Dock, Door Into Wind Era for Hull (UK)
Business & Finance

Alexandra Dock, Door Into Wind Era for Hull (UK)

The leader of Hull City Council said that plans for wind turbine manufacture at Alexandra Dock could usher in new era of prosperity for the region. At a meeting this morning, Councillor Carl Minns delivered a rousing speech in which he said that the bid to bring offshore wind industry to Hull was an

about 16 years ago
Fugro Acquires Riise Underwater Engineering AS in Norway
Business & Finance

Fugro Acquires Riise Underwater Engineering AS in Norway

Fugro has reached agreement with Riise Underwater Engineering AS to acquire the company. The acquisition is expected to take effect from the end of this year on completion of some outstanding formalities. Riise Underwater Engineering AS (RUE), with its headquarters in Haugesund, Norway, is a provide

about 16 years ago
Norway: Lundin Exercising Option for Bredford Dolphin Rig
Business & Finance

Norway: Lundin Exercising Option for Bredford Dolphin Rig

With references to stock notice 23rd September 2010. Lundin Norway AS has exercised an option for an additional well with Dolphin AS, a subsidiary of Fred. Olsen Energy ASA, for use of the semi-submersible drilling unit Bredford Dolphin. The well will be in direct continuation with the upcoming cont

about 16 years ago
McMoRan Updates Gulf of Mexico Exploration & Development Activities
Business & Finance

McMoRan Updates Gulf of Mexico Exploration & Development Activities

McMoRan Exploration Co. updated its shallow water Gulf of Mexico exploration and development activities, including in-progress drilling at three ultra-deep prospects and two deep gas prospects and other activities. Shallow Water, Ultra-deep Exploration Activities The Blackbeard East ultra-deep explo

about 16 years ago
Greece: Dryships Announces $325 Million Bridge Loan Facility
Business & Finance

Greece: Dryships Announces $325 Million Bridge Loan Facility

DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its subsidiary, Drillships Hydra Owners (the owning company of the Ocean Rig Corcovado), has signed a commitment letter with an international len

about 16 years ago
USA: Noble Corporation Provides Update on Noble Jim Day Rig
Business & Finance

USA: Noble Corporation Provides Update on Noble Jim Day Rig

Noble Corporation announced that a subsidiary has received notice from Marathon Oil Company (Marathon), its customer for the ultra-deepwater semisubmersible Noble Jim Day, of Marathon’s intent to exercise its right of termination if the unit does not commence operations by December 31, 2010. As prev

about 16 years ago
Dredging Corporation of India Ltd Announces Management Changes
Business & Finance

Dredging Corporation of India Ltd Announces Management Changes

Dredging Corporation Of India Limited has informed the Exchange that Shri P. Sridharan, Director (Operations & Technical) has retired on … [mappress] Source: nseindia, December 3, 2010;

about 16 years ago
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