News Archive for Oil and Gas News

Origin Energy Announces Silvereye 1 Exploration Well Update, Bass Basin, Tasmania

Progress and Status

Origin Energy, on behalf of the T/44P Joint Venture, advises that at 1000 hrs, Silvereye 1 drilled to its Total Depth of 2,318.2mRT.

The well has not encountered any significant indications of hydrocarbons and will be plugged and abandoned. Read more…

Rocksource announces drilling decision on PL 559

Rocksource ASA (“Rocksource” or “company”, OSE: RGT) is  pleased to announce that the partnership in PL 559 on the  Norwegian Continental Shelf has decided to drill an exploration  well in Q4 2011. Read more…

Nordic Oil and Gas Spuds New Exploration Well at Endeavour, SK

Donald Benson, Chairman and CEO of Nordic Oil and Gas Ltd. (the “Company” or “Nordic”), (TSXV: NOG) is pleased to announce that drilling activities have now commenced in Endeavour, Saskatchewan where the first of two new exploration wells has been spud. Drilling is expected to take approximately four to five days to complete. Read more…

A-Power Starts Construction of a Thermo-Electric Plant for Jinzhou Mengguzhen Thermo Electric

A-Power Energy Generation Systems, Ltd. (Nasdaq: APWR) (“A-Power” or “the Company”), a leading provider of distributed power generation systems inChina and a fast-growing manufacturer of wind turbines, today announced that it has started constructing a new heat and power generation plant under an engineering, procurement, and construction contract signed in September with Jinzhou Mengguzhen Thermo Electric Co. Read more…

SolarReserve Receives Final Licensing Decision for 150-Megawatt Rice Solar Energy Project in California

SolarReserve, a U.S. developer of utility-scale solar power projects, has received a final decision from the California Energy Commission (CEC) for construction and operation of the Rice Solar Energy Project. This approval, the key state-level permit for the 150-megawatt solar power tower project, was achieved in the record time of less than 13 months from the initial application, a testimony to the state’s commitment to solar energy and other renewable energy solutions in California. Read more…

European Offshore Wind Development Centre gets €40m from EU

The proposed European Wind Deployment Centre (EOWDC) in Scotland has been awarded a grant of up to €40 million from the EU through the European Economic Recovery Plan. Read more…

Alstom hydropower equipment to China

Alstom will supply hydropower equipment worth €70 million for a hydroelectric dam in China for Datang Guanyinyan Hydropower Development Co Ltd. Read more…

First Solar forecasts net sales between $3.7 to $3.9 billion in 2011

First Solar Inc. (Nasdaq: FSLR) announced 2011 financial guidance. In 2011, First Solar forecasts net sales in the range of $3.7 to $3.9 billion, up about 46% year over year compared to the midpoint of 2010 guidance provided on October 28, 2010. Read more…

Tullow Oil Announces First Oil in Ghana

Tullow Oil plc (Tullow), Anadarko Petroleum, Kosmos Energy, Ghana National Petroleum Corporation, Sabre Oil and Gas and E.O. Group announce that First Oil from the Jubilee field, offshore Ghana, will be celebrated today. His Excellency John Atta Mills, President of Ghana, will be the guest of honour at the ceremony. Read more…

Statoil’s Kristin platform selects low-pressure production

Statoil has decided to install a new compressor module on the Kristin platform together with the Kristin and Tyrihans licence owners. The module will increase recovery from the field. Read more…

Central Petroleum Announces Surprise-1 Demobilisation

Central Petroleum Limited (ASX:CTP) (“Company”), as Operator, provides this update for the Surprise-1 well. Read more…

Carnarvon Petroleum Announces Thailand Operations L20/50 Drilling Update

Carnarvon Petroleum, as operator of the L20/50 permit, advises that construction of road works and well sites is now well advanced for the drilling of up to three wells in the permit. Drilling operations are expected to commence in January 2011 based on the progress of site works to date. Read more…

Strategic American Oil Corporation Enters Into Drilling Contract For Koliba #3 Well

Strategic American Oil Corporation (OTCBB: SGCA; the “Company”) is pleased to announce that the drilling contract has been executed and drilling preparations have begun for the Koliba No. 3 well, with expectations to commence drilling this month, depending on favorable weather conditions and rig availability.  The Company has retained a 12.5% working interest for the well.  The combined leased acreage (Koliba) consists of 79 acres covering an anticipated anticlinal structure (target) with offsetting production. The Koliba #3 is a direct offset to the Murphy Baxter, Koliba #1 well which produced from the 5,880 feet (target) zone.  Read more…

Hitachi Plant Technologies Wins Contract for 32 Pumps for Egypt’s First Supercritical Thermal Power Plant

Hitachi Plant Technologies, Ltd. (President and Representative Director: Toshiaki Higashihara) is pleased to announce its successful bid to supply 32 pumps for the Arab Republic of Egypt’s first supercritical thermal power plant*1 from the East Delta Electricity Production Company (Chairman: Mahmoud Balbaa, HQ: Ismailia, Egypt). Read more…

NRG to Acquire 290-Megawatt Agua Caliente Solar Project from First Solar

NRG Energy, Inc. (NYSE: NRG) and First Solar, Inc. (Nasdaq: FSLR) today announced that NRG, through its wholly owned subsidiary, NRG Solar, has agreed to acquire the 290-megawatt (MW) Agua Caliente solar project from First Solar. The project is scheduled to be completed by 2014 and has a 25-year power purchase agreement with Pacific Gas and Electric Company. When completed, Agua Caliente is expected to be the largest operational photovoltaic (PV) site in the world. Read more…

E.ON calls for continued support of electric vehicle infrastructure in the UK

Responding to the UK Government announcement concerning the successful bids for Plugged-in Places funding, E.ON, one of the UK’s leading power and gas companies, has welcomed news of the successful Midlands bid and called for continued support of the electric vehicle infrastructure in the UK. Charles Bradshaw-Smith, Head of E-Mobility, Research and Development at E.ON, and a member of the CABLED electric vehicle programme in the Midlands, said: “We welcome the Government’s announcement that cars can take advantage of the UK’s Plug-in Car Grant and we’re delighted that E.ON has been awarded a Plugged-in Places contract for the East and West Midlands as part of the Cenex consortium bid. As a company we’re continuing to help people get energy fit, and sustainable travel is a key part of that. Read more…

REpower Announces Contract for 51 MW for wind farm project in USA signed

REpower Systems (Germany) and EverPower Wind Holdings (USA) have signed a contract for 25 REpower MM92 wind turbines. Furthermore EverPower agreed upon an option to purchase additional 85 units. Read more…

SOLON SE sells Swiss subsidiary SOLON Inverters AG

The PV module producer and provider of solar systems technology SOLON SE announced that it has sold its Swiss subsidiary SOLON Inverters AG to Delta Energy Systems (Germany) GmbH, which forms part of the Taiwan-based Delta Electronics Group. Read more…

Marathon Announces Bravo-1 Exploration Well Results in Deepwater Indonesia

Marathon Oil Corporation (NYSE: MRO) announced today the results of the deepwater Bravo-1 well drilled in the northeastern portion of the Pasangkayu production sharing contract (PSC) area offshore the island of Sulawesi in the Makassar Strait, Indonesia. Marathon, through its wholly owned subsidiary Marathon International Petroleum Indonesia, is operator and holds a 70 percent working interest in the Bravo-1 well. Read more…

General Electric agrees £800 million takeover of Wellstream

General Electric (GE) has agreed an £800m takeover of UK oil and gas services company Wellstream. Read more…

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