Sterling Resources Ltd. has declared Force Majeure on its Midia and Pelican Blocks in the Black Sea after the Company has been unable to undertake Petroleum operations for reasons outside of its control. In early 2011, after extensive and lengthy efforts, the Company finally obtained from the releva
– Strong competition to own and operate over £1bn of high-voltage transmission links for three offshore wind farms – Shortlist of bidders follows strong interest in the first round of tenders which attracted £4bn investment appetite – Preferred bidders for links will be announced from autumn 2011 Of
On 28 April 2010 OAO Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended 31 December 2010. Sales (net of excise tax, VAT and customs duties) increased by RR 606,053 million, or 20%, to RR 3,597,054 mi
Facilities at the south east UK port of Ramsgate are once again being upgraded with the installation of new breakwaters, pontoons… By Peter Barker (maritimejournal) [mappress] Source: maritimejournal, April 28, 2011
Royal Dutch Shell plc today released its first quarter results and first quarter interim dividend announcement for 2011. Highlights * Royal Dutch Shell’s first quarter 2011 earnings, on a current cost of supplies (CCS) basis, were $6.9 billion compared with $4.9 billion a year ago. Basic CCS earning
More than 1,000 people have signed a petition backing a £20m plan to dredge the entrance to Falmouth harbour to encourage cruise ships… (bbc) [mappress] Source: bbc, April 28, 2011
Pursuant to the decision by Gazprom, Andrey Tatarinov has been elected as Director General of Kovyktaneftegaz. Andrey Tatarinov was born in August 1965 in Novosibirsk. He graduated from Irkutsk Polytechnic Institute in 1987 and earned the second higher education diploma in Management from Irkutsk St
Golar LNG Limited has through transactions executed April 27th acquired an additional 1,830,000 Golar LNG Energy Limited shares at NOK 26.75 per share. This increases the Company’s ownership of Golar Energy to 95.1% and the number of shares held to 226,346,347. Golar intends to present a voluntary o
Aberdeen-based SeaHold GeoShips Limited (GeoShips) has chartered its first new multi-purpose offshore vessel to support the growing offshore renewable energy market and the subsea sector. To enable GeoShips to offer a full suite of services from the Stril Explorer, and future vessels, the company ha
Aberdeen-based SeaHold GeoShips Limited (GeoShips) has chartered its first new multi-purpose offshore vessel to support the growing offshore renewable energy market and the subsea sector. To enable GeoShips to offer a full suite of services from the Stril Explorer, and future vessels, the company ha
Tuesday in Copenhagen Alexey Miller, Chairman of the Gazprom’s Management Committee and Anders Eldrup, Chief Executive Officer of DONG Energy signed a Letter of Intent to establish cooperation in gas-fired power generation. The cooperation will focus on promoting the use of natural gas in Europe as
With Chancellor Merkel’s government turning its back on nuclear power, offshore wind parks are to pick up the slack. By Frank Dohmen and Alexander Jung (spiegel) [mappress] Source: spiegel, April 27, 2011;
Eni, the international oil and gas company, today announces its group results for the first quarter of 20111 (unaudited). Financial Highlights • Adjusted operating profit: up 18.4% to €5.13 billion • Adjusted net profit: up 21.6% to €2.22 billion • Net profit: up 14.6% to €2.55 billion • Cash flow:
RWE npower renewables has awarded Tideland Signal, the international specialist in aids to marine navigation, the main contract to supply warning equipment to protect the Gwynt y Môr offshore windfarm against collisions and accidental damage caused by shipping. The services supplied by Tideland unde