All the phases of the South Pars gas field will come on line by October 2015, managing director of the Pars Oil and Gas Company (POGC), Mousa Souri said here. He went on to say that according to a plan drawn up by the company, every six months one of the phases of the […]
The Board of Directors of Polarcus Limited announces that it has resolved to issue 57,500,000 new shares through a private placement to Sabaro Investments Limited. The new shares were subscribed for at a price of NOK 4.00 per share. Total gross proceeds from the Private Placement will amount to NOK
An Iranian research vessel has started exploration of the Caspian Sea’s southern shelf, national media reported on Monday… (rian) [mappress] Source: Rian, October 11 , 2011;
The Saudi coast of the Red Sea covers more than 11° latitudes featuring decreasing nutrients, decreasing mean annual SST and increasing salinity from S to N making it an ideal setting to investigate naturally varying water parameters on coral reefs. During a 4 week land-based expedition (16.Septembe
The European Union has invited Kazakhstan to join the Trans-Caspian pipeline project designed to transport gas from central Asia to Europe… (euronews) [mappress] Source: euronews, October 06 , 2011;
Polarcus Limited announces that the Company has signed the loan documentation for a bank loan facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The loan docu
Iraq’s cabinet awarded a $518 million contract for an oil export expansion project to Leighton’s Singapore-registered Leighton Offshore Pte… By Ahmed Rasheed (Reuters) [mappress] Source: Reuters, October 05 , 2011;
Saudi authorities have launched a special operation to salvage the wreckage of a sunken ship destroyed during World War 1 by Italian … (thenews) [mappress] Source: thenews, October 04 , 2011;
DSIT Solutions Ltd., a subsidiary of Acorn Energy Inc. has announced the receipt of multiple awards for its recently delivered Submarine Tactical Trainer (STT). DSIT’s STT simulator provides a full representation of the spectrum of submarine weapon systems, sonar sensors, and Command and Control app
Iran’s talk on gas export to Oman and India reached hopeful results, the caretaker of the National Iranian gas Export Company (NIGEC), Hossein Bidarmaghz said. He went on to say that, an Indian delegation will travel to Iran to continue negotiations on construction of a gas pipeline that would carry
A Turkish ship began exploring for gas off the coast of Cyprus on Monday, the Turkish Cypriot government said, an announcement that escalates…
A BP Plc-led group may consider a another pipeline project to transit natural gas from the Shah Deniz deposit in the Azeri sector of the … Paul Abelsky (Bloomberg) [mappress] Source: Bloomberg, September 26, 2011;
A Turkish oil exploration vessel left the Aegean port of Izmir on Friday to carry out surveys off northern Cyprus amid tensions with Greek…
Iran’s third home-made oceangoing ship named ‘Iran Kashan’ launched in the southern waters of the country on Sunday, deputy director of Iran… (irna) [mappress] Source: irna, September 12, 2011;
