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Image - Ensco plc Announces New Drillship Contract Award

Ensco plc Announces New Drillship Contract Award

Ensco plc announced today that ultra-deepwater drillship ENSCO DS-7 has been awarded a contract by Noble Energy to drill two wells and complete four production wells at the Leviathan field development in the Mediterranean Sea. This contract is expected to commence in March 2018 and be completed in December 2018. The contract also includes four one-well priced customer options that if fully exercised would extend the contract into 2020. Chief Executive Officer and President Carl Trowell said, ...

Oil and Gas Aug 21, 2017


Image - Nuclear Fuel Loading has Been Proceeded at the 3d Power Unit of Tianwan NPP

Nuclear Fuel Loading has Been Proceeded at the 3d Power Unit of Tianwan NPP

On 18 August 2017 the first fuel assembly was loaded at power unit No.3 of the second part of construction stage of Tianwan NPP in China. "The first fuel assembly has been successfully loaded at 11:00 pm (06:00 pm Moscow time) to the reactor of the third power unit of Tianwan NPP" - stated Andrey Lebedev, the Vice-President for the South Asia Projects of JSC ASE EC. - Therefore, a physical start-up of the unit has been started ahead schedule". According to Andrey Lebedev, connection of power ...

Nuclear Aug 21, 2017


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Image - Five Texas Stakeholder Groups Reach Agreement in Berkshire Hathaway Energys Acquisition of Oncor

Five Texas Stakeholder Groups Reach Agreement in Berkshire Hathaway Energy's Acquisition of Oncor

Berkshire Hathaway Energy, a subsidiary of Warren Buffett's Berkshire Hathaway Inc., today announced that the Staff of the Public Utility Commission of Texas, Office of Public Utility Counsel, Steering Committee of Cities Served by Oncor, the Texas Industrial Energy Consumers and the IBEW Local 69 have entered into a settlement agreement with Berkshire Hathaway Energy. The agreement resolves all issues in Berkshire Hathaway Energy's acquisition of Oncor. "We are excited by this unprecedented ...

General News Aug 19, 2017


Image - Wartsila to supply 300 MW power plant to Bangladeshs Summit Group

Wartsila to supply 300 MW power plant to Bangladesh's Summit Group

The technology group Wartsila today announced it had signed a contract with Bangladesh-based Summit Group to supply equipment totalling 300 MW. The power plant will be located in Gazipur and comprises eighteen Wartsila 46 engines operating on heavy fuel oil. The scope of supply for this project are the engine sets along with auxiliaries. The order is added to Wartsila's order book for the third quarter. This is a fast-track delivery, which will be fully completed in nine months. The equipment is...

Power Generation Aug 21, 2017


Image - West Texas Resources Signs Letter of Intent for Acquisition of Oil and Gas Properties

West Texas Resources Signs Letter of Intent for Acquisition of Oil and Gas Properties

West Texas Resources, Inc., a Texas-based independent oil and gas company is pleased to announce the execution of a letter of intent to acquire oil and gas properties from an independent oil and gas company in Bakersfield, California. The acquisition, mostly oil properties, is located in Kern County, California. WTXR will be paying approximately $4 million in cash and stock for what is estimated to be $50 million in proved reserved as determined by an accredited oil and gas engineering firm. The...

Oil and Gas Aug 18, 2017


Image - Northland Powers Deutsche Bucht Offshore Wind Farm Reaches Financial Close

Northland Power's Deutsche Bucht Offshore Wind Farm Reaches Financial Close

Northland Power Inc. today announced that the EUR1.3 billion Deutsche Bucht (" DeBu ") project has reached financial close, with all of the equity contributed to the project and all debt required for the project now fully committed by the project lenders. Northland owns 100% of the 252 MW offshore wind farm which will be located in the German North Sea. Approximately 75% of the project's required costs will be provided from a EUR988 million non-recourse construction and term loan and related ...

Wind Aug 18, 2017


Image - Qatar Solar Technologies acquires 49% shares in Germanys largest solar energy producer

Qatar Solar Technologies acquires 49% shares in Germany's largest solar energy producer

Qatar Solar Technologies has acquired 49 % of SolarWorld Industries, Germany's largest solar energy producer. This came during a press conference held today in Berlin, in the presence of Qatar's Ambassador to the Federal Republic of Germany Sheikh Saud bin Abdulrahman Al-Thani, Chief Executive Officer of Qatar Solar Technologies Dr. Khaled Al Hajri, and CEO of SolarWorld Industries in Germany Dr. Frank Asbeck. During the press conference, Sheikh Saud expressed Qatar's conf...

Solar Aug 21, 2017




Image - Four new distribution agreements strengthen Metsos local presence in Indias flow control markets

Four new distribution agreements strengthen Metso's local presence in India's flow control markets

Metso strengthens its presence in India with the signing of four non-exclusive distribution agreements for its valve products. The agreements with Fluidline Systems, General Energy Management Systems Ltd (GEMSL), SB Enterprise and Proflo Systems expand the coverage of Metso's Neles® and Jamesbury® product families into different regions and industries in the growing markets of India. The distribution network will also provide support in services. The agreements were signed dur...

General News Aug 21, 2017


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