Technip and its subsidiary Angoflex Ltda. have been awarded two new major frame agreements by BP Exploration Ltd. for oilfield developments in Angola, covering:
* engineering, procurement and manufacture of flexible pipe,
* engineering, procurement and manufacture of umbilicals(1) and associated equipment.
These frame agreements are part of BP’s [...]
International Royalty Corporation announce that it has completed the acquisition of an overriding royalty interest on the Skyline Coal Mine located in Carbon and Emery Counties, Utah. The Skyline Mine is operated by Canyon Fuel Company, a subsidiary of Arch Coal Inc., one of the largest coal producers in the United States.
The royalty acquired [...]
Empire Energy Corporation International and its Australian subsidiary Great South Land Minerals today announced that the Hunt Energy Rig Number 3 has arrived in Tasmania, is stored in northern Tasmania and will be moving shortly to the Bellevue #1 site in the center of Tasmania. Local drilling company Spauldings has been mobilised and plans to [...]
Fletcher Nickel Inc has discovered a new sulphide nickel occurrence with two adjacent surface grab samples returning an average value of 0.45% nickel. The new discovery was made during prospecting on the wholly owned Otter claim block in the northwest corner of Hutt Township. Mineralization occurs as disseminated sulphide within a peridotite which is similar [...]
Gold Fields Limited announced that the Arctic Platinum Project (APP) in Finland had reverted to Gold Fields after North American Palladium Limited (NAP), a Canadian platinum metals group producer, had declined to follow its rights in terms of a Letter of Intent entered into between the parties and announced on 18 October 2005 and an [...]
Rimfire Minerals Corporation announce that in partnership with Inmet Mining, it has commenced the second phase of fieldwork at the Grizzly Property in northwest British Columbia. Phase 2 will consist of 1500 metres of drilling aimed at targets defined by the first phase program which included prospecting, mapping, soil geochemistry and a 32 line kilometre [...]
Vermilion Energy Trust wishes to inform unitholders that the board of directors of Verenex Energy Inc. (”Verenex” or the “Company”) has initiated a process to identify, examine and consider a range of strategic alternatives available to Verenex to maximize shareholder value.
Background - Vermilion holds approximately 18.8 million shares of Verenex, representing approximately 42.4% of Verenex’s [...]
Technip announces that its wholly-owned subsidiary Duco Ltd. has been awarded by BP Norge AS a lumpsum EPC(1) contract, worth approximately € 20 million, for the Skarv field development. This field is located on the Norwegian continental shelf, in water depths ranging from 350 to 450 meters.
The contract covers engineering, procurement, project management services and [...]
ConocoPhillips and Origin Energy announced their plan to create a long-term Australasian natural gas business focused on coal bed methane production and liquefied natural gas (LNG) processing and sales.
The transaction is conditioned upon approval from Australia’s Foreign Investment Review Board and, if required as a result of an outstanding offer from BG to purchase all [...]
Waratah Coal advises that the Federal Minister for Environment Peter Garrett this afternoon has acted under Environment Protection and Biodiversity Act (EPBC Act) to reject Waratah’s proposal to establish a rail line and coal port in the Shoalwater Bay military training area on the basis that the Minister has purported to rule that the proposal [...]
