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SPOTLIGHT ON MIDDLE EAST HEIGHTENS WITH UAE OIL & GAS COMMITMENT

News of increased oil production for the UAE will have widespread ramifications for the region’s development, further placing a world spotlight on the Middle East as the planet’s key energy hub, says ADIPEC (Abu Dhabi International Petroleum Exhibition and Conference). Abu Dhabi Department of Economic Development (DED) announced last week …

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Polarcus receives Letter of Intent from OMEL

Polarcus Limited (OAX: PLCS) announced today that the Company, in association with its partner Sonar Limited, has received a Letter of Intent from OMEL Exploration and Production Nigeria Limited for a 530 square kilometer 3D seismic acquisition project over block OPL 279, offshore Nigeria. The project, to be acquired by …

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PetroNeft Resources plc operation update Production expected to commence in late August 2010

PetroNeft Resources plc (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations at Licence 61. Highlights: ·         Fifth and sixth production wells successfully drilled ·         Wells have encountered some of the thickest net pay to date …

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Polarcus Second quarter report 2010 – successful production

Polarcus Limited (OAX: PLCS) reported its second quarter 2010 unaudited financial statements. The quarter has seen Polarcus successfully complete the inaugural projects for the Company’s first two ultra-modern 3D vessels, POLARCUS NADIA and POLARCUS NAILA, and achieve its first profitable quarterly operating margin. The continued successful execution of the Company’s …

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Polarcus secures 100% fleet backlog for Q3 on confirmation of second Gassnova 3D project

Reference is made to the notice published by Polarcus Limited on 25 February 2010 regarding the receipt of a Letter of Intent from Gassnova SF for two 3D seismic acquisition projects offshore Norway comprising a minimum 405 square kilometers and potentially up to a total of 900 square kilometers. Polarcus …

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PowerTec Russia & CIS Magazine Launches Blog Site

PowerTec Russia & CIS Magazine Launches Blog Site for power generation in Russia, covering renewable, nuclear, coal, gas, hydro electricity generation and cogeneration. Click on the link below to visit the blog: http://www.powertecrussia.com/blog/

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ROGTEC Launches Russian Blog Site

ROGTEC Launches Russian Blog Site for Russian Oil & Gas Upstream Magazine. Click on the link below to visit the Russian Blog: https://rogtecmagazine.com/?lang=ru-blog/

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Caterpillar Manufacturing Facility in Germany Recognized with Sustainability Award

Kiel Engine Center in Germany has been recognized with environmental award for the state of Schleswig-Holstein. As the world’s leading manufacturer of diesel engines, Caterpillar is committed to developing power systems solutions to meet customer needs.  Along with a clear focus on the customer, Caterpillar has been focused for years …

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ADIPEC Partners with Abu Dhabi Tawteen Council to Foster Emiratisation in Energy Sector

ADIPEC 2010 (Abu Dhabi International Petroleum Exhibition and Conference) has signed a MoU with Abu Dhabi Tawteen Council (ADTC) as an important partnership to encourage greater Emiratisation and talent attraction in the energy sector. The partnership will see the creation of the first ADIPEC Graduate Fair, where UAE graduates will …

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HONEYWELL ENHANCES HC900 CONTROL SYSTEM FOR FASTER INSTALLATION AND REDUCED OPERATOR ERROR

Latest Version of Standalone Process Control Solution Helps Plants Operate More Efficiently PHOENIX, July 13, 2010 – Honeywell (NYSE:HON) today announced new features for its 900 Control Station touch screen operator interface, part of the HC900 Control System, used in industrial facilities to control standalone processes and SCADA applications. The …

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