I.M. Skaugen SE has entered into a Market Making Agreement with SEB Enskilda AS for the company’s shares. The purpose of the agreement is to increase the turnover and tighten the spreads of IMSK. The Agreement is in accordance with the standard requirements of Oslo Stock Exchange. The Market Making
Last Saturday, personnel from the headquarters of civil society “Kura” inspected the delta of the Kura River and found a threat of new flood… (azerireport) [mappress] Source: azerireport, May 4, 2011;
Statoil’s first quarter 2011 net operating income was NOK 50.7 billion, a 28% increase compared to NOK 39.6 billion in the first quarter of 2010. The quarterly result was mainly affected by a 33% increase in the average prices for liquids measured in NOK, a 20% increase in average gas prices, and a
Technip’s Annual General Meeting of Shareholders, held on April 28, 2011, ratified the cooption of Marie-Ange Debon, which was announced in 2010. In addition, the Annual General Meeting approved the nomination of two new female directors, C. Maury Devine and Leticia Costa, thus bringing the percenta
IJmuiden-based Offshore Ship Designers is to design a new compact but powerful AHT offshore support vessel for Netherlands-based Neptune… (merlincorpcomms) [mappress] Source: merlincorpcomms, May 03, 2011;
Gazprom’s group of experts led by Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee took a business trip to the Far East. As part of the meeting on Gazprom’s investment projects in the Far Eastern regions held in Khabarovsk today it was highlighted that construction of the Sak
A&P Group has entered into ‘collaborative partnership programmes’ with Ocean Power Technologies Ltd (OPT) and Offshore Wave Energy Ltd… By Nick Eyriey (businesscornwall) [mappress] Source: businesscornwall, May 03, 2011;
Foster Wheeler AG today reported net income for the first quarter of 2011 of $23.0 million, or $0.18 per diluted share, compared with $72.1 million, or $0.56 per diluted share, in the first quarter of 2010. Net income in both quarterly periods was impacted by items as detailed in the attached table.
A government thinktank has predicted that the British marine energy sector could be worth £76bn to the economy and support 68,000 jobs… (guardian) [mappress] Source: guardian, May 03, 2011;
FAST-EXPANDING engineering consultancy Xodus has bought a Welsh firm specialising in renewables. By Dominic Jeff (scotsman) [mappress] Source: scotsman, May 03, 2011;
Ashurst has advised Centrica Energy, the parent company of British Gas and largest supplier of natural gas to customers in the UK, on its three year LNG sale and purchase agreement (SPA) with Qatargas. The SPA was signed by both parties on 21 April in Doha. The £2 billion agreement will see 2.4 mtpa
A CRUISE ship is preparing to become a floating hotel for windfarm workers so they don’t have to stay in hotels in Barrow during the… (nwemail) [mappress] Source: nwemail, May 03, 2011;
Foster Wheeler AG announced today that Jon Nield, 47, has been promoted to Vice President, Project Risk Management Group (PRMG), effective immediately. In this role, he will be responsible for leading the group that sets, reviews and implements the company’s risk management policy for proposal and c
Transeuro Energy Corp. issues an update on its Ukraine operation as follows: Flow testing of the second test interval of the previously announced 4 test programme on Karl-101 has been completed. The well was perforated underbalanced and flowed for 3 days before being shut in for a 48 hour pressure b
