Stavanger: A new study about crucial risk management issues relating to Arctic operations is released by DNV and the Fridtjof Nansen Institute (FNI). This concludes that, in order to safely develop Arctic resources, there is a need for improved technology, oil spill preparedness and close cooperation between the authorities, industry and society. DNV’s CEO, Dr Henrik O. Madsen, presented the study entitled ‘Energy and the environment – Arctic resource development, risks and responsible management’ at the Offshore Northern Seas (ONS) Conference in Stavanger on 29th August.
Cenovus Energy Inc. has been selected as the new name for the integrated oil company that EnCana Corp. is creating as part of its split into two independent energy companies focused on unconventional resources – an integrated oil company and a pure-play natural gas company.
New Orleans-based Entergy Corp. submitted a combined construction and operating license application to the US Nuclear Regulatory Commission, selecting GE Hitachi Nuclear Energy's ESBWR reactor design.
A project to mine titanium in the Xolobeni region of Eastern Cape, South Africa, granted to Transworld Energy and Minerals (TEM), has been stopped in its tracks by Minerals and Energy Minister Buyelwa Sonjica after an internal appeal from a community organisation, the AmaDiba Crisis Committee, represented by the Legal Resources Centre.
Suncor Energy Inc., headquartered in Calgary, Alberta, Canada has been ranked best among oil and gas sector companies globally by the Carbon Disclosure Project's "Carbon Disclosure Leadership Index."
On 23 September 2008, Valero Energy Corp. announced that Stephen M Waters, managing partner of Compass Advisers LLP, has been elected to the company's board of directors.
Regency Energy Partners LP is expanding its pipeline system in North Louisiana, US to bring natural gas from the Haynesville Shale to market.
Energy Transfer Partners has announced the completion of two natural gas pipeline projects.
Canadian Superior Energy Inc. has successfully drilled the 26in hole section of the “Endeavour” well in Trinidad and has run and cemented in place the 20in casing string to a depth of 3,030ft subsea.
Metso has announced that it has completed the acquisition of GE Energy’s Lachine Main Plant, a heavy fabrication and machining facility located near Montreal, Canada.