Aker Solutions targets Middle East and North Africa markets through acquisition of NPS Energy

Aker Solutions has agreed to acquire NPS Energy, which is part of oilfield services company National Petroleum Services. NPS Energy has a strong presence in the Middle East and North Africa, which combined hold approximately 60 per cent of the world’s proven oil and gas reserves.

Scana Industrier ASA announces new contracts to Scana Propulsion

Scana Industrier ASA has through its subsidiary Scana Propulsion AS signed new contracts with Kleven Maritime AS, Norway ad Rong Ta Trading Co. Ltd., Taiwan, for delivery of propulsion equipment at a total value of NOK 35 million.

Alterra Power acquires wind development assets in British Columbia

VANCOUVER, May 18, 2012 /PRNewswire/ - Alterra Power Corp. (TSX: AXY) is pleased to announce that it has entered into an agreement to acquire a portfolio of wind development assets at four sites in coastal British Columbia from a group of sellers led by English Bay Energy Limited.

First photovoltaic solar panel installed on largest solar project in the world

Less than two weeks after its official groundbreaking ceremony, MidAmerican Solar and First Solar, Inc. (Nasdaq: FSLR) marked another milestone at Topaz Solar Farms, located in San Luis Obispo County, Calif. On Wednesday, the first solar panel was installed on what is the largest solar project under construction in the world. […]

Fluor completes polysilicon plant in China for LDK Solar

Fluor Corporation (NYSE: FLR) announced today that it has completed construction for LDK Solar’s (NYSE: LDK) polysilicon plant in Xinyu City, China, one of the largest such production facility in the world. Fluor provided engineering, procurement and construction management services for the plant, which produces solar-grade silicon for the photovoltaic […]

Industrial Nanotech, Inc. announces more orders for Galp Energia Oil Refinery

Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology based energy saving and sustainable solutions announced today that they have received an order of 2,150 gallons of the Company’s patented Nansulate® Translucent PT insulation and corrosion control coating from Montaco, the industrial contractor awarded the bid to apply […]

Seaway crude oil pipeline begins first flow

Enterprise Products Partners L.P. (NYSE: EPD) and Enbridge Inc. (NYSE/TSX:ENB) announced that the Seaway Pipeline began accepting crude oil today at Cushing, Oklahoma for delivery to the U.S. Gulf Coast.

Total confirms the success of the G4 well intervention

Following 5 days of close monitoring, Total is now able to confirm the success of the intervention conducted on May 15th on the leaking G4 well on the Elgin complex, 240 kilometers from Aberdeen in the UK North Sea. To regain control of the well, heavy mud was pumped into G4 well […]

DNO International reports record first quarter 2012 results

DNO International ASA, the Norwegian oil and gas company, today released record results for the first quarter of 2012 with operating revenues of NOK 712 million up from NOK 281 million in the first quarter of 2011. Net profit climbed to NOK 307 million compared to a loss of NOK 115 […]

Otto Energy upgrades Galoc oil field reserves

Otto Energy Ltd (ASX: OEL) is pleased to provide an update on remaining oil reserves balances at the Galoc oil field in the Philippines as at 1 January 2012.