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Aker Solutions has won two similar contracts, together worth approx. 120 million NOK, from CQG Oil & Gas Contractors Inc. and CCI Oil & Gas Contractors Inc., for the supply of Pusnes offloading systems(TM) to two FPSOs in the Brazilian market.
Statoil and Petrobras signed a letter of intent (LOI) today, 25 May, to expand the cooperation between the companies within exploration, and to assess how the two companies can benefit from operational synergies.
Cabot Oil & Gas Corporation reaches milestones in Pennsylvania; marcellus daily production tops 400 Mmcf per day
Cabot Oil & Gas Corporation (NYSE: COG) today announced that on Tuesday, May 24 it surpassed 400 Mmcf per day of production from the Marcellus shale in N.E. Pennsylvania. Specifically, the Company was able to increase its production stream after the recent upgrades of the Lathrop Compressor Station that included the commissioning of new compression, […]
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has entered into an agreement with RWE Dea Norge AS to farm-in to PL330 located in the northern Norwegian Sea. Under the agreement Lundin Petroleum will acquire a 30 percent interest.
Lanco Solar, a fully owned subsidiary of Lanco Infratech Limited - the fastest growing business conglomerates in India with interests in power, construction & EPC, infrastructure and renewable, today announced “it, in consortium with Juwi Renewable India Ltd, has received LOA”Letter of Award from Maharashtra State Power Generation Co Ltd (Mahagenco) for building of a […]
GE (NYSE: GE), whose technology helps to deliver a quarter of the world’s electricity, today announced a first-of-its-kind power plant engineered to deliver an unprecedented combination of flexibility and efficiency. By rapidly ramping up and down in response to fluctuations in wind and solar power, the technology will enable the integration of more renewable resources […]
Norway wants to channel billions of dollars to renewable energies in developing nations, building on a scheme to protect tropical forests to which Oslo has been the biggest donor, officials said.