Endeavour International Corporation today announced a successful discovery in the West Rochelle area of the North Sea. The West Rochelle well was spudded on 3rd September and reached a total depth of 10,787ft on 7th October, encountering natural gas with an oil rim in an excellent quality reservoir
Offshore renewable energy could kick off the next billion-dollar “gold rush” in the continent’s coastal waters, and that could be good news… (cnbc) [mappress] Source: cnbc, October 28, 2010;
FMC Technologies, Inc. today reported third quarter 2010 revenue from continuing operations of $960 million, down 12 percent from the prior-year quarter due primarily to lower subsea systems revenue. Diluted earnings per share from continuing operations were $0.66 compared to $0.73 in the prior-year
Petrobras announces that it got operations underway today at the FPSO Cidade Angra dos Reis, the first definitive production system installed in the Tupi area, in the Santos Basin pre-salt cluster. The FPSO (oil and gas floating production, storage, and offloading system) is initially connected to t
Maersk Oil sees a strong future for its UK North Sea oil and gas business after the Department of Energy and Climate Change awarded it 10 blocks in the 26th Licensing Round Maersk Oil North Sea UK Limited (Maersk Oil) announces that it had been granted licenses encompassing 10 blocks in the DECC’s 2
Mott MacDonald, the global engineering, management and development consultancy, will be exhibiting on stand 43 at the RenewableUK Exhibition, which is taking place on 2-4 November 2010 at the Scottish Exhibition and Conference Centre (SECC) in Glasgow, UK. Mott MacDonald’s stand will be located in H
In the first three quarters of 2010, China Oilfield Services Limited (the Group) achieved an operating revenue of RMB13,630.3 million, which represented a rise of 0.8% compared to RMB13,525.1 million in the same period of last year (January – September) Since the operation contract of 1 semi-submers
Husky Energy announces it has completed the successful drilling of a second appraisal well at the Liuhua 29-1 discovery on Block 29/26 in the South China Sea. The West Hercules deepwater rig drilled the Liuhua 29-1-3 well to a total vertical depth of 2,900 metres below sea level. The well, which enc
Hercules Offshore, Inc. today reported a loss from continuing operations of $15.1 million, or $0.13 per diluted share, on revenues of $168.5 million for the third quarter 2010, compared with a loss from continuing operations of $37.2 million, or $0.38 per diluted share, on revenues of $159.3 million
Skykon has today filed for a suspension of payments. The creditors will shortly receive additional information from the supervisor on the further course of events. “The wind turbine industry is project based and very cyclical, and it is currently being affected by a number of negative factors in the
Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth in excess of £500 million (Approximately USD$792.6 million) by Total E&P UK Limited (Total) for the development of a gas processing plant on the Shetland Islands. Work is scheduled to begin in Octobe
THE Skykon factory is currently the only significant manufacturer of wind turbine towers in Scotland and is therefore a very important part… By Paul Brewer (scotsman) [mappress] Source: scotsman, October 27, 2010;
THE Skykon factory is currently the only significant manufacturer of wind turbine towers in Scotland and is therefore a very important part… By Paul Brewer (scotsman) [mappress] Source: scotsman, October 27, 2010;
Oil and gas exploration licences granted by UK Department of Energy & Climate Change (DECC) DECC today reveal industry interest in developing the UK’s North Sea resources remains vibrant. Following the positive trends of recent years, 144 licences to extract oil and gas from UK waters have been offe
