includes Modec Inc., Mitsui OSK Lines Ltd., and Marubeni Corp. The companies are investing in Tartaruga MV29 BV, a Dutch company established by Modec, and signed agreements Apr. 14. Mitsui has 32.4%, Modec 29.4%, Mitsui OSK Lines 20.6
Pouyanne said, adding that the company ’s latest investment plan will ..... petrochemical capacity by 2017, the company said. Donges At a cost of ..... reach an agreement with French government and local communities regarding ..... units to follow in 2017, the company said. Given this timeline
Robert Hobbs, chief executive at Houston geophysical services company TGS, said, “Because the first sale is not planned until 2021 and only one is scheduled, [the US Bureau of Ocean Energy Management ..... his community following similar visits over the years from government and industry representatives from Florida, South Carolina
and local approvals, Durbin said in an Apr. 16 teleconference. “We have a very extensive FERC approval process where a company can spend 18 months to 2 years and upwards of $100 million to satisfy a wide range of concerns,” he said. “If you’re willing to
onshore will be removed. The 22 offshore wells and 14 directional wells drilled from onshore will be decommissioned. The company will use a jack up rig and construction vessel with a crane for the offshore work and a workover rig for the task of plugging
MMcfd of gas equivalent, or 93% of the company ’s aggregate net production, compared ..... first-quarter 2014, respectively. The company ’s first-quarter 2015 production represented ..... and Texas Gas Transmission (TGT). The company ’s agreement with REX provides transportation
Crude oil prices for May delivery soared by more than $3/bbl on the New York market Apr. 15 to close above $56/bbl, a high for 2015, while the Brent contract for May delivery closed on the London market at above $60/bbl.
and C2 reserves across all three blocks now totaling more than 210 million tonnes of oil and 270 billion cu m of gas, the company said. Gazprom Neft says preparation of the most thoroughly researched blocks for production testing , expected to start next
in the program have not been announced for a reason, the company said. “Specific details related to these projects are considered ..... schedule for start-up during this year’s second half, the company said in its 2014 annual report.
In its April Oil Market Report, the International Energy Agency raised its forecast of 2015 global oil demand by 90,000 b/d to 93.6 million b/d, a gain of 1.1 million b/d on the year and a notable acceleration of the 700,000-b/d growth in 2014, as the global economy slowly gains momentum.