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Latest Start-ups |
The largest contract ever to Technip Norge Oct 26, 2009Technip has been awarded by Eni Norge AS an engineering, procurement,construction and installation contract, worth approximately €200 million...
Subsea contract to Aker Solutions Sep 23, 2009Aker Solutions has signed a contract with BP America Inc. to perform subsea construction activities at the operator's Atlantis and Thunder Horse fields in the Gulf of Mexico.
First Oil from Volund Field Offshore Norway Sep 16, 2009Marathon Petroleum Company and Lundin Petroleums
announced that the Volund development offshoreNorway
has achieved first production.
Goliat subsea contract to Aker Solutions Sep 16, 2009Aker Solutions has signed a contract with Eni Norge AS to deliver a subsea production system to the operator's Goliat field development....
Gjøa hull safely through Gulf of Aden Sep 16, 2009The hull of the North Sea Gjøa platform is on its way to Norway from the Samsung shipyard in South Korea. At the weekend an EU naval force provided a military escort as the hull passed through the notorious Gulf of Aden.
Seabed telescope maker wins investor backing Aug 3, 2009Showing there’s no “right or wrong time” for technology investments, Chevron Technology Ventures and oil-industry venture-capital investor Lime Rock Partners have made ...
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UK hails academics for “carbon pebbles”Jan 5, 2009An device that turns contaminated soil into harmless material has turned heads in the United Kingdom, a country now seen as saving its honors for those helping the environment ...
Ernst & Young: “consolidation” comingDec 16, 2008“A new wave of consolidations is about to begin” in the oil and gas business after 2008 saw a 25 percent drop in the number of asset deals, a trend seen as a sign of an industry bracing for “opportunity”.
Total buys into Nobel Laureate's solar start-upDec 15, 2008Total has announced that it is now a core shareholder in U.S. renewable-energy startup Konarka Technologies, Inc. maker of ...
RigNet to offer new offshore broadband linkAug 28, 2008Plug-and-play broadband company RigNet is about to float on the energy-focused Oslo Burse or its alternate index Oslo Axess.
Alcoa Launches New Oil & Gas Market SegmentJul 1, 2008Alcoa Corporation has created a new division, Alcoa Oil & Gas, entering the hydrocarbon market with...
Caspian float raises expectationsApr 17, 2008Calgary-based oilfield equity player Caspian Energy Inc. will raise C$4.3 million in Toronto for its oil and gas fields in ...
Venture capital vying for “clean tech”Feb 29, 2008Venture capitalists invested a record $3 billion in 221 “clean technology” deals worldwide in 2007, up 43 percent over 2006 according to new numbers from Dow Jones VentureSource.
Ability starts trading in OsloOct 15, 2007Shares in Ability Drilling began trading in Oslo on Monday, where the company stands to raise NOK500 million ($92.3 million) should the sale go well, it was understood Monday.
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Noreco eyes $130M Oslo floatOct 8, 2007Growing Norway-based oil company Noreco plans to raise NOK700 million ($129.3 million) on the Oslo Boerse with a float aimed at capital lenders and brokerages.
Ability Drilling to raise money in OsloSep 11, 2007New Norwegian drilling contractor Ability Drilling is set to list in Oslo, and it aims to make shares available on Wednesday for a listing at the end of September.
Oceanteam makes Scottish sub-sea splashSep 3, 2007Bergen-based installation outfit Oceanteam Power & Umbilical will own 60 percent of a “new”, Aberdeen-based subsea services company if “Heads of” agreement penned at the weekend is followed up.
Badger Explorer hones in on CEOAug 15, 2007A chief executive is sought to guide to market an oilfield mole that digs and “sniffs” for hydrocarbons and its “plasma-drilling” co-star, Norwegian technology outfit Badger Exploration declared Tuesday.
Roxi starts Kazakh bit rollingAug 14, 2007London-based Kazakhstan player Roxi Petroleum has debuted in the Caspian Sea oil province with the purchase of two license areas, a tender for drilling services and a newly renovated office in Almaty.
BP, Rio Tinto create Hydrogen EnergyMay 18, 2007U.K. supermajor BP and mining company Rio Tinto have formed a joint venture aimed at creating “de-carbonized” power plants wich couple carbon capture and storage techniques with hydrogen removed from gas and coal for fuel.
Mediterranean sets Seabird on Maltese forayMay 9, 2007U.K. oilfield player Mediterranean Oil & Gas has hired seismic surveying vessel M/V Geo Mariner of Seabird Exploration.to shoot 1,000 kilometres of “2D” seismic in four blocks of Area 4 offshore Malta.
Matra swaps shares for Russia stakeMar 29, 2007U.K.-based Hungarian acreage-owner Matra Petroleum has agreed to swap new shares in itself of a piece of Russiaan acreage 1,000-odd kilometres south of Moscow, a statement to shareholders said Thursday.
3i backs ex-Shell boss’s $1B, E&P start-upMar 26, 2007The Marshal Plan's venture capital and private-equity successor, 3i, has put $250 million into E&P start-up Delta Hydrocarbons, brainchild of former Shell boss Walter van de Vijver and former Schlumberger mergers captain, Maarten Scholten.
Ezra seeks separate listing for Production & Construction divisionMar 15, 2007Singapore based Ezra Holdings Limited, an offshore support and marine services provider in Southeast Asia’s offshore oil and gas industry, is seeking a separate overseas listing for wholly-owned EOC Pte Ltd, its Production & Construction division.
Granby gains rig, FPSO for Phillippines findMar 12, 2007North Sea player, Granby Oil & Gas, declared Monday that financing is in place to develop the Galoc oil find off the northwestern Phillippines with two sub-sea wells and a floating production, storage and offloading vessel, or FPSO.
Aker Group sprouts deepwater intervention unitMar 1, 2007Aker, Aker Kvaerner and Aker Yards will together sprout Aker Innovation, a new business to target emerging industrial opportunity, a Group press release said Thursday.
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