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Business & Finance

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Brazil: OGX Strikes Hydrocarbons in the Albian Section of Well OGX-21D
Business & Finance

Brazil: OGX Strikes Hydrocarbons in the Albian Section of Well OGX-21D

OGX Petróleo e Gás Participações S.A. , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today that it has identified an oil-bearing interval in the Albian section of well 3-OGX-21D-RJS, the first appraisal well targeting the Waim

about 16 years ago
Orion Marine Group Schedules Announcement of Third Quarter 2010 Results (USA)
Business & Finance

Orion Marine Group Schedules Announcement of Third Quarter 2010 Results (USA)

Orion Marine Group, Inc. today announced it will release its financial results for the third quarter 2010 on Thursday, November 4, 2010, at approximately 5:00 a.m. Eastern Time/4:00 a.m. Central Time. The Company will conduct a telephone briefing at 10:00 a.m. Eastern Time/9:00 a.m. Central Time on

about 16 years ago
USA: Chevron Sanctions Jack/St. Malo Project in the Gulf of Mexico
Business & Finance

USA: Chevron Sanctions Jack/St. Malo Project in the Gulf of Mexico

Chevron Corporation today announced it has sanctioned development of the Jack/St. Malo project, its first operated project located in the Lower Tertiary trend in the deepwater U.S. Gulf of Mexico. “Jack/St. Malo is the latest example of Chevron advancing its industry-leading queue of major capital p

about 16 years ago
Bulgaria’s Unambitious Energy Plan Puts Green Investments at Risk
Business & Finance

Bulgaria’s Unambitious Energy Plan Puts Green Investments at Risk

The Bulgarian government’s ‘National Renewable Energy Action Plan’ is failing to tap the full potential of Bulgaria’s locally-produced and pollution-free wind power, and failing to harness the full potential of the country’s fast-growing wind energy industry. At the international conference “Wind Po

about 16 years ago
USA: Drilling Moratorium Causes Downfall of Diamond Offshore’s 3Q Results
Business & Finance

USA: Drilling Moratorium Causes Downfall of Diamond Offshore’s 3Q Results

Diamond Offshore Drilling, Inc. today reported net income for the third quarter of 2010 of $198.5 million, or $1.43 per share on a diluted basis, compared with net income of $364.1 million, or $2.62 per share on a diluted basis, in the same period a year earlier. Revenue in the third quarter of 2010

about 16 years ago
Bermuda: Seadrill Launches up to US$650 Million Convertible Bond
Business & Finance

Bermuda: Seadrill Launches up to US$650 Million Convertible Bond

Seadrill Limited announces today that it intends to issue up to US$650 million in principal amount of convertible bonds with a seven-year tenor. This amount includes an increase option of up to US$100 million that has been granted to the joint bookrunners of the offering. The senior, unsecured bonds

about 16 years ago
Singapore: Keppel Corporation Limited 3rd Quarter 2010 Results Beat Forecast
Business & Finance

Singapore: Keppel Corporation Limited 3rd Quarter 2010 Results Beat Forecast

The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the third quarter and nine months ended 30 September 2010. The 9M 2010 Report Card, the Address by Mr Choo Chiau Beng, Chief Executive Officer, and the Address by Mr Teo Soon Hoe, Senior Executive Dir

about 16 years ago
Ghana: Tullow Oil plc Fails to Find Oil at Onyina-1 Exploration Well
Business & Finance

Ghana: Tullow Oil plc Fails to Find Oil at Onyina-1 Exploration Well

Tullow Oil plc (Tullow) announces that the Onyina-1 exploration well in the Deepwater Tano licence offshore Ghana encountered water bearing reservoirs. The Onyina-1 well was drilled to explore a large, high-risk, Campanian prospect between the Tweneboa and Jubilee fields in the northeast of the Deep

about 16 years ago
Polarcus Receives LoI from Eni for 4D Seismic Acquisition Off Nigeria
Business & Finance

Polarcus Receives LoI from Eni for 4D Seismic Acquisition Off Nigeria

Polarcus Limited announced today that the Company, in association with its partner Sonar Limited, has received a Letter of Intent from Nigerian Agip Exploration Limited for a combined 190 square kilometer 4D seismic acquisition ‘monitor’ survey and a 30 square kilometer 4D undershoot project over bl

about 16 years ago
The Netherlands: Mercon Signs Contract with Shell and NAM for Riser Access Towers
Business & Finance

The Netherlands: Mercon Signs Contract with Shell and NAM for Riser Access Towers

Mercon Steel Structures B.V. has signed a framework agreement with Shell U.K. Limited and the Nederlandse Aardolie Maatschappij B.V. (NAM) for the construction and installation of Riser Access Towers (RAT). The framework agreement encompasses the call off of one and possibly up to nine RAT’s. These

about 16 years ago
Saipem Clinches EUR 700 Million Worth of New Offshore Contracts
Business & Finance

Saipem Clinches EUR 700 Million Worth of New Offshore Contracts

In Nigeria, Saipem has been awarded a subcontract for the Critical Crude Pipeline Replacement Project. The awarded scope of work encompasses fabrication, transportation, installation and testing of the replacement of 6 pipe lines (having a diameter ranging between 10 and 24 inches) connecting 6 plat

about 16 years ago
UK: Ensco plc Reports Third Quarter 2010 Results
Business & Finance

UK: Ensco plc Reports Third Quarter 2010 Results

Ensco plc reported diluted earnings per share from continuing operations of $0.92 for third quarter 2010, compared to $1.01 per share in third quarter 2009. As previously reported, the Company has recovered possession of the ENSCO 69 drilling rig, which now has been reclassified as continuing operat

about 16 years ago
Green Projects Makes it Despite Big Spending Review Cuts (UK)
Business & Finance

Green Projects Makes it Despite Big Spending Review Cuts (UK)

The Renewable Heat Incentive, offshore wind, clean coal and the Green Investment Bank received funding today, even as Chancellor George… Michelle Ward (greenwisebusiness) [mappress] Source: greenwisebusiness, October 21, 2010;

about 16 years ago
Green Projects Makes it Despite Big Spending Review Cuts (UK)
Business & Finance

Green Projects Makes it Despite Big Spending Review Cuts (UK)

The Renewable Heat Incentive, offshore wind, clean coal and the Green Investment Bank received funding today, even as Chancellor George… Michelle Ward (greenwisebusiness) [mappress] Source: greenwisebusiness, October 21, 2010;

about 16 years ago
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