Dana announced that the Company (through its subsidiary Dana Petroleum (E&P) Limited) has entered into an agreement with Petro-Canada UK Limited (“Petro-Canada UK”), a wholly owned subsidiary of Suncor Energy Inc. (“Suncor”), to acquire Petro-Canada UK’s interests in certain UK assets (the “PCUK Ass
BW Offshore has signed the contract for the FPSO BW Carmen with Ithaca Energy (UK) Ltd and partners. The FPSO will be employed on the Athena oil field in the UK sector and is expected to commence production during 2H 2011. The contract includes a fixed charter period of three years, plus options for
Chevron Corporation announced that it has been granted approval by the Liberian government to acquire a 70 percent interest and operatorship in three deepwater concessions in Liberia. “We are very pleased to participate in Liberia’s emerging energy sector,” said Chevron Vice Chairman George Kirkland
Spring Energy announces the sale of 15% in PL 378 (containing the Grosbeak discovery), 20% in PL 375 (containing the Beta discovery) and 20% in PL 551 to Talisman Energy Norge AS (Talisman) for an amount between USD 114,5 million to USD 129,5 million pending certain near term milestones. As part of
REpower Systems AG (WKN 617 703) is preparing to transform itself into a European Company (Societas Europaea, SE). The Executive Board and the Supervisory Board today each resolved to propose the transformation of the legal form of the company from a German stock corporation (AG) to a European Compa
REpower Systems AG (WKN 617 703) is preparing to transform itself into a European Company (Societas Europaea, SE). The Executive Board and the Supervisory Board today each resolved to propose the transformation of the legal form of the company from a German stock corporation (AG) to a European Compa
Dredging Corporation of India Limited (DCI) was established in 1976 to provide integrated dredging services to the Major Ports of the Country. DCI is a Mini Ratna Category-I Public Sector Undertaking under the administrative control of Ministry of Shipping, Government of India. The Company has been
Seychelles (SEYPEC), Fugro and Geomahakarsa have this morning signed a Cooperation Agreement for the acquisition, processing, interpretation and license of geoscientific data within the Seychelles EEZ on a multi client basis. Under this Agreement, Fugro Data Services AG, a company incorporated under
BW Offshore has settled all claims and counter-claims related to the terminated Letter of Intent for the Basker Manta Gummy (BMG) project. The settlement involves a cash payment of USD 32.5 million to BW Offshore, to be paid and booked in the third quarter of 2010. The court case is adjourned pendin
The Board of Dana (the “Board”) is today posting a circular to Shareholders setting out the valuation of Dana based on an Independent Expert’s asset valuations. The Independent Expert’s Report supports the Board’s view that the offer made by Korea National Oil Corporation (“KNOC”) for all the issued
In accordance with the order of the Russian President Dmitry Medvedev and the directive of the Russian Government, the Board of Directors of Rosneft Oil Company appointed First Vice-President Eduard Khudainatov the President of the Company starting from September 6, 2010. Prior to his appointment as
Venga Aerospace Systems Inc. announced that the Liberian Ministry of Lands Mines and Energy has confirmed that the Company’s mining … [mappress] Source: streetinsider, September 8, 2010
A new custom-built cutter suction dredger destined for the Panama Canal has been launched by IHC Merwede on Monday 6 September. The 12,000kW vessel has been designed and built by IHC Beaver Dredgers at its Sliedrecht shipyard in The Netherlands for the Panama Canal Authority* (ACP – the Panama Gover
The LOI contemplates a Definitive Written Agreement to be finalized within 30 days from execution and a total due diligence period of 90 … (alphatrade) [mappress] Source: alphatrade, September 8, 2010;
