Endeavour International Corporation announced a successful up-dip appraisal of the Rochelle undeveloped discovery in Block 15/27 of the UK North Sea. Endeavour holds a 55.6 percent interest in the well and is operator for the block. Nexen Petroleum U.K. Limited is a joint venture participant and holds 44.4 percent interest. The Rochelle 15/27-11 appraisal...
Petroplus Holdings AG announced that an incident occurred at its Ingolstadt refinery. At approximately 23:15 Central European Time (CET) yesterday, a fire occurred at a reflux pump associated with the crude oil unit. Refinery and local emergency response teams responded to the incident and the fire was immediately brought under control and extinguished...
EnPro Industries announced the acquisition of Northern Gaskets and Mouldings Limited (NGM), a distributor of sealing products and a manufacturer of gaskets located in Batley, UK. NGM will operate as part of Garlock (Great Britain) Limited. The acquisition was completed for cash. Terms were not disclosed. NGM serves a variety of industries in the United...
Westinghouse Electric Company announced formation of Westinghouse Electric Company UK, a Preston-based organization that will consolidate efforts to pursue commercial nuclear power business throughout the United Kingdom. The Company also announced that David Bonser will serve as the organization’s chairman and that Mike Tynan will serve as Vice...
URS Corporation announced that an international team led by the company’s Washington Division has entered into a contractual arrangement with the UK Nuclear Decommissioning Authority (NDA) to become the new Parent Body Organization (PBO) responsible for the management and operations of the Sellafield sites in North West England. The consortium will...
Dresser-Rand Group Inc. announced that Dresser-Rand has made an investment in Ramgen Power Systems, LLC, and further expects to support Ramgen’s ongoing development work. Dresser-Rand’s funding will help satisfy Ramgen’s requirement with the Department of Energy’s National Energy Technology Lab to obtain private matching funds...
Global warming, energy security and rising oil prices have resuscitated the marine energy sector. Ocean energy is a predictable and abundant source of energy with the ability to supply approximately 10% of the world’s electricity needs. The value of worldwide electricity revenues from wave and tidal stream projects could ultimately be between...
Dresser-Rand Group Inc., announced that Ray Carney has been elected Vice President, Controller and Chief Accounting Officer to succeed Lonnie Arnett, who is retiring. Carney joined Dresser-Rand in August 2008 as Corporate Controller, and has been working with Lonnie Arnett, Vice President, Controller and Chief Accounting Officer, to transition responsibilities....
GE Energy announced today that EDF Energy Networks is installing GE’s power distribution management software system to help manage EDF’s London electricity distribution network. The new distribution system completes the final phase in EDF’s integration strategy that will benefit eight million customers in the United Kingdom. Since privatization...
Hunting PLC has announced that it will once again donate proceeds from the Hunting Art Prize to the Linda Lorelle Scholarship Fund, a Houston-based charity that provides scholarships, support and ongoing guidance to Houston-area high school students in need of financial and career assistance to fulfill their academic potential throughout their college...