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Business & Finance

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UK: RWE Dea Signs a Suite of Agreements for Breagh Field Gas Processing
Business & Finance

UK: RWE Dea Signs a Suite of Agreements for Breagh Field Gas Processing

RWE Dea announced today the signature of a suite of agreements providing for the processing and redelivery at the Teesside Gas Processing Plant (TGPP) of gas to be produced from its operated Breagh gas field in the UK North Sea, including agreements to facilitate the construction of a 10km long onsh

about 16 years ago
Titanium Resources Group Ltd Announces Appointment of Non-Executive Directors
Business & Finance

Titanium Resources Group Ltd Announces Appointment of Non-Executive Directors

The Board of Titanium Resources Group Ltd is pleased to announce that it yesterday appointed Jan Castro and Michael Barton as Non-Executive Directors of the Company with immediate effect. Jan Castro Mr. Castro is the Managing Director of Pala Investments AG, the exclusive advisor to Pala Investments

about 16 years ago
Norway: Noreco Sells Shares in Oselvar and Enoch to Marubeni Corporation for $43 million
Business & Finance

Norway: Noreco Sells Shares in Oselvar and Enoch to Marubeni Corporation for $43 million

Norwegian Energy Company ASA has signed an agreement to sell its shares in the Norwegian oil fields Oselvar and Enoch to Marubeni Corporation (Marubeni). Noreco’s main focus is finding oil and gas, and over the last years we have built a strong track record of exploration success. The final proof of

about 16 years ago
Hunter Marine Completes Purchase of Irving Materials Dredging Company (USA)
Business & Finance

Hunter Marine Completes Purchase of Irving Materials Dredging Company (USA)

Nashville-based Hunter Marine Transport, Inc., has completed the purchase of the Ohio River dredging business of IMI-South’s Delta Division… (tennessean) [mappress] Source: tennessean, September 30, 2010;

about 16 years ago
Jifmar Offshore Services Orders 2 Saab Seaeye Cougar XT ROVs for Algerian Gig
Business & Finance

Jifmar Offshore Services Orders 2 Saab Seaeye Cougar XT ROVs for Algerian Gig

French Jifmar Offshore Services has ordered two Saab Seaeye Cougar XT ROVs for a new Algerian contract. This important new project will involve work at three different oil terminal points where the ROVs will be used for inspection, maintenance and repair (IRM) tasks on structures, pipes, manifolds a

about 16 years ago
Ireland: Providence Resources’ 1st Half 2010 Financial & Operational Highlights
Business & Finance

Ireland: Providence Resources’ 1st Half 2010 Financial & Operational Highlights

Financial Results for the Half Year ending June 30th 2010 Revenues for the first half of 2010 were up 8.3% to €11.335 million from €10.464 million due to increased volumes, product mix and the strength of the dollar relative to the euro. The average oil price per barrel achieved in H1 2010 was $78.4

12 minutes read
USA: Dudley Sets Up New Safety and Risk Unit and Signals Sweeping Changes at BP
Business & Finance

USA: Dudley Sets Up New Safety and Risk Unit and Signals Sweeping Changes at BP

BP is to create a new safety division with sweeping powers to oversee and audit the company’s operations around the world. The Safety & Operational Risk function will have authority to intervene in all aspects of BP’s technical activities. It will have its own expert staff embedded in BP’s operating

about 16 years ago
Hallin Marine Subsea Completes Free Span Correction Offshore Taiwan
Business & Finance

Hallin Marine Subsea Completes Free Span Correction Offshore Taiwan

Hallin Marine Subsea International Ltd, a Superior Energy Services company, has recently been awarded and carried out a free span correction contract offshore Taiwan. The contract was awarded by the CPC Corporation, Taiwan (CPC), and was carried out in water depths of between 80 and 110 metres by Ha

about 16 years ago
New growth for Shell in Upstream Americas
Business & Finance

New growth for Shell in Upstream Americas

Royal Dutch Shell plc (“Shell”) reconfirmed strong momentum in its businesses in the Americas for a group of shareholders and analysts today, visiting Upstream assets in Canada. Shell’s oil & gas production in the region could reach 1 million barrels of oil equivalent per day in 2014, an increase of

about 16 years ago
PMC Announces Luis Prieto-Portar’s Presentation at The 16th Annual Florida Remediation Conference in Orlando
Business & Finance

PMC Announces Luis Prieto-Portar’s Presentation at The 16th Annual Florida Remediation Conference in Orlando

Piedroba Marine Construction (PMC) today announced Luis Prieto-Portar, PhD, PE, PMC’s Principle and Chief Executive Officer, will be presenting at the 16th Annual Florida Remediation Conference on Friday, October 15, 2010 in Orlando. The presentation is scheduled to begin at 4:30 p.m. (ET). Dr. Prie

about 16 years ago
UK North Sea: Extension of FPSO Sevan Hummingbird Charter Contract
Business & Finance

UK North Sea: Extension of FPSO Sevan Hummingbird Charter Contract

Under the charter contract with Centrica Energy Upstream, the charter is automatically extended by six months unless notice is given six months prior to the expiration of the contracted period. The expiration of the initial contracted period is March 28, 2011, and the charter for FPSO Sevan Hummingb

about 16 years ago
The Netherlands: New Dredge Pump Drive for “Maas”
Business & Finance

The Netherlands: New Dredge Pump Drive for “Maas”

Damen Dredging Equipment has replaced the submersed dredge pump drive of the sand mining dredger “Maas”. The dredger, built by Damen back in 1986, is still owned by its first owner, the dredging company Geluk. The operation included the removal of the former hydraulic drive, the engineering and fitt

about 16 years ago
Wintershall Norge ASA Get Green Light for Exploration Drilling in Northern North Sea
Business & Finance

Wintershall Norge ASA Get Green Light for Exploration Drilling in Northern North Sea

Wintershall Norge ASA has received consent to carry out exploration drilling in the northern North Sea with the mobile facility Songa Delta. The consent applies to drilling of exploration well 35/12-3 S, which is part of production licence 378. The well is located approx. 120 km northwest of Bergen

about 16 years ago
Western India Shipyard Secures Order from DCI
Business & Finance

Western India Shipyard Secures Order from DCI

Western India Shipyard today announced that it has secured a new order from its client Dredging Corporation of India (DCI) worth Rs 56.3 million. The order work includes repair of one of their large vessels, DCI Dredge Aquarius at its shipyard at Marmugao, Goa within the next 40 days. Western India

about 16 years ago
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