News Archive for Borealis News, Borouge News

Borouge and Borealis Wire & Cable Academy event in China increases engagement across the industry

For the first time, Borouge and Borealis leading providers of innovative plastics solutions for the wire and cable industry world-wide, have organised their global Wire & Cable academy together with SECRI (Shanghai Electric Cable Research Institute) as part of the 2011 Annual Technical Conference of CES (China Electrotechnical Society) W&C (Wire and Cable) Committee, which took place at Westin Hotel in Fuzhou on November 10-13, 2011. More than 180 participants of key cable manufacturers and representatives of major Chinese national testing authorities, cable manufacturing machine suppliers and professors from some top universities in China participated in the events.
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Coming Boom in Tar Sands Oil Development Opens ‘Huge Opportunity’ for FTTN

To many experts, the billions of barrels of oil trapped in the world’s tar sands represent the future of the global energy industry. Thanks to new extraction techniques, the boom in tar sands oil production appears poised to begin—and First Titan Corp. is working to capitalize. Read more…

Gas Utilities in the United States

Research and Markets has announced the addition of the “Gas Utilities in the United States” report to their offering. Read more…

Bering Exploration to Install a Gas Pipeline to Serve the Roxanne Field With $35 Million in Potential Reserves

HOUSTON, Nov. 29, 2011 /PRNewswire/ — Bering Exploration, Inc. (OTCQB: BERX) announced today that it will begin installation on an approximately 3,500′ gas pipeline to connect its gas production from the Roxanne field located in Victoria County, Texas, to a commercial pipeline. The company’s current leasehold in the Roxanne field consists of approximately 640 acres and has one producing well and multiple drilling locations that will target the Yegua and Frio formations at various depths.  The entire Roxanne field, which includes an additional 2,000 targeted un-leased acres, is estimated to have over $35 million in potential gross reserves based upon the current price of oil and gas and assuming all wells are drilled and successful. Bering owns a 50% working interest in this prospect. Read more…

Noble Energy Announces Heads of Agreement to Evaluate Floating LNG, Offshore Israel

HOUSTON, Nov. 29, 2011 /PRNewswire/ — Noble Energy, Inc. (NYSE: NBL) announced that the partners in the Tamar and Dalit fields, offshore Israel, have entered into a Heads of Agreement (HOA) with Daewoo Shipbuilding & Marine Engineering Co. Ltd. and D&H Solutions AS to evaluate Floating LNG for the export of natural gas from the Tamar and Dalit fields. Read more…

EVTN Invited to Speak at World’s Largest Oil Spill Response & Training Event

FORT LAUDERDALE, Fla., Nov. 29, 2011 /PRNewswire/ — Enviro Voraxial Technology, Inc. (OTCQB: EVTN) announced today that the Company has been invited to be a guest speaker at the upcoming Clean Gulf Training and Exhibition on November 30-December 1 in San Antonio, Texas.  EVTN will display its new high volume Submersible Voraxial® 8000 Separator at this Exhibition.  The Exhibition is the “World’s Largest Oil Spill Response & Training Event.” Read more…

China Daqing M & H Petroleum Inc. to Add New Wells

HARBIN, China, Nov. 29, 2011 /PRNewswire/ — China Daqing M & H Petroleum Inc. (OTCQB: CHDP) (the “Company” or “China Daqing”), engaged in the extraction and sale of crude oil, resale of oil drilling equipment and accessories, and oilfield underground technology services, today announced that it will add 30 new wells in 2012. Read more…

Greenland Operational Update

AT7-1 Well: Atammik Block, South Ungava Area
The Leiv Eiriksson has completed drilling the AT7-1 well in the Atammik block, located in 909 metres (m) of water and 202 kilometres (km) offshore Nuuk. Following the results from a Modular Dynamic Tester (MDT) programme, the well has now been plugged and abandoned. Read more…

Eni purchases a 32.5% stake in the Evans Shoal gas field offshore Australia

Eni announces the purchase of a 32.5% stake in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, around 300km northwest of Darwin, where there is an existing LNG plant precinct. The undeveloped Evans Shoal field, discovered in 1998, holds expected gas in place of up to 7 trillion cubic feet. Read more…

INPEX acquires Shale Gas Project interest from Nexen, Canada

INPEX CORPORATION (INPEX) is pleased to announce that through  INPEX Gas British Columbia Ltd., it has agreed in principle to acquire a 40% participating interest in the shale gas projects in the Horn River, Cordova and Liard  basins from Nexen Inc. (Nexen), a Canadian exploration and production company.  This is the first case and it is a major milestone for INPEX to participate in a shale gas development and production project.  This transaction is subject to the satisfaction of certain conditions precedent. Read more…

Sure Energy Inc. announces significant light oil test results from its Beaverhill Lake completion in Virginia Hills

CALGARY, Nov. 29, 2011 /CNW/ – Sure Energy Inc. (SHR, TSX) (“Sure Energy” or “the Company”) is pleased to announce the results of the Beaverhill Lake completion of its 102/10-12-64-10 W5M horizontal well. The well, which is 100% working interest, was completed on November 14, 2011 and has been swabbing and flowing on clean up for the past two weeks. For the last 48 hours the well has flowed steadily and has produced 2,258 barrels of oil and 729 barrels of load fluid (spent acid), which equates to 1,129 barrels of oil per day and a 24% load fluid cut. Read more…

Seadrill reports third quarter and nine months 2011 results

Seadrill reports third quarter and nine months 2011 results: Read more…

Wood Group Kianda launch in Angola and BP contract award

Wood Group Kianda, a joint venture involving Amílcar Nascimento, Wood Group’s Angolan business partner, and Wood Group will officially be launched in Luanda, Angola today. Sister Wood Group companies, Wood Group Mustang, Wood Group Kenny and Wood Group PSN will provide their services through the joint venture. The launch coincides with the announcement that Wood Group Kianda has secured its first contract win from BP. Read more…

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