cDiver.net Logo

0

President Energy plans July drilling in Argentina

June 28, 2016

President Energy (AIM: PPC), the oil and gas exploration and production company provides the following update on Argentina operations and revised loan agreements (the “Loan Restructuring”). Highlights President has now engaged drilling contractors for a 2016 three horizontal well programme due to commence by end July. Objective of the drilling campaign is to increase sustainable… Continue Reading »

0

Iran Oil Chief Shakes Up Oil Firm in Bid to Strike Pre-election Deals

June 28, 2016

Oil minister Bijan Zanganeh has handed the running of Iran’s national oil company to a trusted ally in a push to agree long-awaited deals with global oil majors, which could be derailed by next year’s presidential polls. Iran has pledged to open up its lucrative oil reserves, the world’s fourth largest, although hardline rivals of… Continue Reading »

0

National Parks, low gas prices fuel summer travel

June 28, 2016

Low gas prices and interest in the National Park Service’s 100th birthday are fueling summer travel this year, according to an expert from BJ’s Wholesale Club, who shares tips on how travelers can save money when filling up for vacation. “Gas prices are significantly lower than last summer, making this a great year for driving… Continue Reading »

0

Wärtsilä supplies 161 MW Flexicycle power plant to Saudi Arabia

June 28, 2016

Wärtsilä has signed a major contract to supply a 161 MW Flexicycle (combined cycle) power plant to Yamama Cement Company in Saudi Arabia. Wärtsilä will deliver a full EPC (Engineering, Procurement & Construction) project. In addition to the EPC contract, a 5-year operation and maintenance management agreement and a 10-year spare parts supply agreement have… Continue Reading »

0

Modi’s $27B Oil Quest Gives Services Firms A Lifeline

June 28, 2016

India is offering global oilfield service providers starved of new contracts a $27 billion lifeline as the government’s ambition to cut fuel imports drives fresh investment. Spending plans are ratcheting up and stalled projects restarting after the government in March announced pricing freedom for natural gas from deepsea fields that begin production this year. Coming at… Continue Reading »

0

Brexit – What’s next for investors?

June 28, 2016

A nation voted. With a 72.2% turnout, 17.4 million (51.9%) votes were cast to leave the EU, compared with 16.1 million (48.1%) to remain, according to the Electoral Commission. It was unlikely that a decision of such scale would take place without significant ramifications and as it stands, Brexit has divided the nation. The economy… Continue Reading »

0

Vos Prodect contracted for cable hang-off testing

June 27, 2016

Vos Prodect Innovations has recently been contracted by Siem Offshore Contractors GmbH, regarding testing and delivery of sealed cable hang-off systems for the 2 x 155kV HVAC cables between 2 offshore substations in German waters. With respect to the scope of work, Vos Prodect has performed an endurance test with the HVAC cable, clamped in… Continue Reading »

Login to your account

Can't remember your Password ?

Register for this site!