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Investment
01/31/2012 - Foster Wheeler Awarded Feasibility Study for Refinery Modernization in AlbaniaFoster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a feasibility study by Albanian Refining & Marketing of Oil sh.a. (ARMO) relating to the modernization of two refineries, located at Ballsh and Fier in Albania.
United Kingdom
01/31/2012 - Foster Wheeler Wins PMC Contract for the 2Co Power (Yorkshire) Don Valley Power ProjectFoster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a project management consultancy (PMC) contract by 2Co Power (Yorkshire) Limited (2Co) for the Don Valley Power Project in Stainforth, Yorkshire, UK.
Companies
01/31/2012 - Wärtsilä likely to be awarded 600 MW power plant order in JordanA bid consortium consisting of Korea Electric Power Corporation, Mitsubishi Corporation and Wärtsilä Corporation has been selected by National Electric Power Company of Jordan (NEPCO) to build and operate IPP3, an independent power producer project in Jordan.
Gulf of Mexico
01/30/2012 - ProSep Secures Seawater Treatment Gig in GOMProSep Inc. was awarded a contract valued at approximately $13 million for the design and supply of a seawater treatment and water injection system for installation on a floating production system that will operate in a deepwater Gulf of Mexico field. This contract represents the Company's third contract award in the region.
North Sea
01/30/2012 - Det norske Spuds Storebjorn WellDrilling operations on Storebjørn, in production license 450, has commenced. Well 7/12-13 S is the first well in the license, which was awarded in the 2007 APA licensing round (Awards in Predefined Areas). The Storebjørn prospect is located in the southern North Sea, in close proximity to existing infrastructure on the Ula and Gyda fields.
South America
01/30/2012 - Gold Oil Granted License Extension in PeruGold Oil, the AIM-listed oil and gas exploration and production company with a primary focus on opportunities in Latin America, provided the following operational update on its operations in Peru.
Discovery
01/30/2012 - Treaty Energy Makes Oil Discovery in BelizeTreaty Energy Corporation reported drilling success on its first oil well, San Juan #2, in Belize, Central America. The San Juan #2 well is near Independence Village, Belize, located adjacent to the Port of Big Creek in the Stann Creek District.
Brazil
01/30/2012 - OGX Begins Production at Waimea WellOGX Petróleo e Gás has initiated the opening procedure of the first producing well of FPSO OSX-1, denominated OGX-26HP, on January 28, 2012. The beginning of the production procedure initiated through the injection of chemical products into the well for the preliminary treatment of oil and gas which will be processed by the vessel.
Campos Basin
01/30/2012 - Sonangol Starfish finds traces of oil in Brazil’s pre-salt layerSonangol Starfish has made its first discovery of traces of oil in the sea, in Brazil’s Campos Basin, in a block that had already been unsuccessfully drilled, the company said in a statement sent to the National Oil Agency (ANP). The discovery was made in the pre-salt region of the block.
Europe & Russia
01/30/2012 - Matra Petroleum Makes 'Good Progress' on Sokolovskoe Oil DiscoveryRussia-focused oil and gas firm Matra Petroleum reported Monday an operations update on progress to production from its 100 percent-owned Sokolovskoe oil field discovery in Orenburg.