Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

March 3, 2010 Filed Under: Diamond Mining  
Fluor Awarded Debswana Contract for Diamond Mine Expansion in Africa

Fluor Corporation announced that the company won an engineering, procurement and construction management (EPCM) contract from Debswana Diamond Company Ltd, a joint venture of the Government of Botswana and De Beers, to execute the Jwaneng Cut 8 mining project in Botswana. After successfully completing the feasibility study for Debswana earlier in 2009, Fluor was awarded the procurement and construction... 

Signing of Mutoshi Joint Venture Amended Agreement and Update on Kinsevere Stage II

July 20, 2009 Filed Under: Copper Mining, Mining Investment, Mining Stocks  
Signing of Mutoshi Joint Venture Amended Agreement and Update on Kinsevere Stage II

Anvil Mining Limited, announced that it had completed an agreement with La Générale des Carrières et des Mines (“Gécamines”) and the Government of the Democratic Republic of Congo (“DRC”) on the terms of its Mutoshi Joint Venture (“JV”) agreement. The Company is also pleased to announce that it has recommenced the engineering and design work for the Kinsevere... 

Technip Awarded Contract For a 800,000 Tons/Year Liquefied Natural Gas Plant in China

June 22, 2009 Filed Under: Mining Contractors, Oil and Gas  
Technip Awarded Contract For a 800,000 Tons/Year Liquefied Natural Gas Plant in China

Technip has been awarded by Ningxia Hanas Natural Gas Company Ltd, a lump sum contract for of a mid-scale liquefied natural gas (LNG) plant to be built in Yinchuan, China. The contract covers the engineering, supply of main equipment, procurement and construction management services for facilities for natural gas pre-treatment, liquefaction, LNG storage and loading, utilities, offsites, buildings and... 

AB Resources Enhances Its Marcellus Shale Production Team

May 6, 2009 Filed Under: Oil and Gas  
AB Resources Enhances Its Marcellus Shale Production Team

AB Resources LLC, a rapidly growing oil and gas exploration and development company, has moved to enhance the Company’s ability to produce and transport natural gas from its current and future wells in the Marcellus Shale formation. The Marcellus Shale, a gas-productive formation spread across Pennsylvania and West Virginia, has become the premier natural gas play in the Appalachian Basin. AB Resources... 

Apex Silver Emerges From Chapter 11 as Golden Minerals Company

March 25, 2009 Filed Under: Mining Investment, Mining Stocks  
Apex Silver Emerges From Chapter 11 as Golden Minerals Company

Apex Silver Mines Limited reported that the Joint Plan of Reorganization filed by the Company and its wholly owned subsidiary, Apex Silver Mines Corporation became effective on March 24, 2009 and that the Company and ASMC have emerged from Chapter 11 proceedings. Under the Plan, Golden Minerals Company, a newly-formed Delaware corporation, is the successor to the Company’s assets. The Company’s... 

Cameron Receives $100 Million Subsea Systems Order from BP

January 15, 2009 Filed Under: Mining Equipment, Oil and Gas  
Cameron Receives $100 Million Subsea Systems Order from BP

Cameron has received an order worth approximately $100 million for the supply of subsea production systems for BP subsea tieback projects in the Gulf of Mexico. The current scope includes four subsea trees, production control systems, a manifold, flowline connection systems, engineering and project management services and related equipment. Engineering work and procurement of materials began in the... 

Acergy S.A. Awarded $250 Million Contract in Angola

December 15, 2008 Filed Under: Mining Contractors, Oil and Gas  

Acergy S.A. announced the award from Angola LNG Limited of a contract for the development of the nearshore/onshore segment of the pipeline network required for the transportation of gas from Blocks 0, 14, 15, 17 and 18 to Angola LNG’s plant in Soyo, Angola. Angola LNG Limited’s shareholders are affiliates of Chevron, Sonangol, BP, Total and ENI. The contract awarded to a consortium of... 

Flowserve Signs Long-Term Strategic Agreement with Oil and Gas Giant Saudi Aramco

November 24, 2008 Filed Under: Oil and Gas  

Flowserve Corporation, one of the world’s leading providers of flow control products and services for the global infrastructure markets including oil and gas, power, chemical water and general industries, today announced it has signed a 10-year strategic supplier agreement with Saudi Aramco, one of the world’s largest oil producing companies. The supply agreement includes Flowserve’s entire... 

Hycarbex-American Energy, Inc. Announces Approval of Contract for Surface Facility and Placement of Rig for New Exploratory Well

November 13, 2008 Filed Under: Oil and Gas  

The American Energy Group, Ltd. announced that Hycarbex-American Energy, Inc. has updated its scheduling for the construction of its surface treatment facility for its Haseeb #1 Well and for its new exploratory well on Yasin Block (2768-7). The American Energy Group, Ltd. owns an 18% gross royalty in the Yasin Block (2768-7) Concession, including the Haseeb # 1 Well. The working interest is co-owned... 

Farallon Updates G-9 Production Status While Managing Project Expenditures

November 10, 2008 Filed Under: Copper Mining, Lead Mining, Precious Metal, Zinc Mining  

Dick Whittington, President and CEO of Farallon Resources Ltd. provide an update of activities at the Company’s G-9 polymetallic (zinc, copper, lead, silver, gold) operation on the Campo Morado property in Guerrero State, Mexico, as well as a general corporate update. As announced in August 2008 mining at G-9 has proceeded based on a 17-month plan, with an initial production rate of 20,000 tonnes...