Energy News - page 148


Maritime Care Home Employs Green Initiatives

Nov 20, 2014

A maritime care home in Surrey has taken a huge leap into the world of green living, cutting its carbon footprint and working towards becoming self-sufficient. The Royal Alfred Seafarers’ Society has installed solar panels, a biomass boiler and a borehole at its facilities in Banstead…

NAT CEO: Low Oil Prices Benefit the Tanker Market

Nov 20, 2014

Nordic American Tankers Limited Chairman & CEO Herbjørn Hansson addressed the impacts of low oil prices on the tanker business in a letter to shareholders, citing the decrease in oil price as an overall positive for the world tanker market and…

Tracking Clouds for Smoother Solar Energy Delivery

Nov 20, 2014

The Australian Renewable Energy Agency (ARENA) today announced $452,000 funding for Fulcrum3D to further develop an advanced cloud tracking system.ARENA CEO Ivor Frischknecht said that effectively tracking and predicting cloud movements…

Governor: Russia Will Have No Competitors in the Arctic

Nov 20, 2014

The Governor of Yamalo-Nenets Autonomous Region, Dmitry Kobylkin, presented the annual report on the situation in the autonomous region.'We have been confronted with new challenges. A number of countries are leading a fairly aggressive sanctions policy against Russia…

Drillsearch Appoints Simpson COO

Nov 20, 2014

Drillsearch Energy Limited today announced a further strengthening of its senior management team with the appointment of Mr Walter Simpson as Chief Operating Officer, reporting to Managing Director Brad Lingo.The most recent role in Mr Simpson’s…

Awards for Fugro Geotechnical Engineers

Nov 20, 2014

Two members of Fugro’s geoconsultancy team have won international awards – one recently presented in London, UK and the second in Regina, Canada.Dr. Kokkuen Lee, Principal Engineer at Fugro Advanced Geomechanics (Fugro AG), received the David…

Gazprom Steps into St. Petersburg University

Nov 20, 2014

The Gazprom Specialized Department was opened today in St. Petersburg State University of Economics, Russia's top-rated higher education institution of economics. Alexey Miller, Chairman of the Gazprom Management Committee Chairman and Igor Maximtsev…

OAO Sovcomflot’s 9M/Q3 2014 Results

Nov 20, 2014

OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014. Nine months 2014 – Financial Highlights (IFRS accounts) USD millions…

COSL Takes Delivery of New Semisub

Nov 20, 2014

China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today. This rig has adopted the latest marine engineering design…

Study: US Offshore Holds Huge Untapped Potential

Nov 19, 2014

New studies show huge economic and energy potential of untapped offshore areasTwo new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added…

JPMorgan Hires Former Glencore Crude Trader

Nov 19, 2014

JPMorgan Chase & Co has hired Edwin Tay, formerly with Glencore, as a senior crude oil trader in Singapore, industry sources said on Wednesday.Tay starts with the U.S. bank in January, they said. JPMorgan declined comment.JPMorgan completed…

Ocean Rig's $120m Loan Agreement with DryShips

Nov 19, 2014

Ocean Rig UDW Inc. a global provider of off-shore contract drilling oil services, today announced the following: On November 18, 2014, Ocean Rig’s $120 million loan to its majority shareholder, DryShips Inc. (―DryShips‖), was approved by…

Dryships Achieves Refinance of 5% Convertible Notes

Nov 19, 2014

DryShips Inc. global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., off-shore contract drilling oil services, today announced the following:  *…

SignalFire Wireless Telemetry Debuts New Product Range

Nov 19, 2014

A range of telemetry products that support robust, long-distance wireless communications in challenging, large scale environments such as those found in oil and gas, agriculture, water systems, forestry and public infrastructures are outlined in the SignalFire Wireless Telemetry Product Catalog…

51% Stakes of Keppel Merlimau Cogen Sold for $510 mi

Nov 19, 2014

Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has agreed to sell 51% stake of Keppel Merlimau Cogen Pte Ltd (KMC), which owns Keppel Merlimau Cogen Plant to Keppel Infrastructure Trust (KIT or the Trust) for a cash consideration of $510 million (KMC Transaction)…

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