Tag Archive

DEA Deutsche Erdoel AG turns 120

DEA Deutsche Erdoel AG turns 120

January 10, 2019 No Comments

The oil and gas production company DEA Deutsche Erdoel AG turned 120 years today. DEA is one of the most long-standing E & P companies in the world and was one of the first players at the dawn of the commercial oil production era. In Germany, DEA has provided important economic stimulus and made a […]

Uncertainty Looms Large Over Latin American Oil

Uncertainty Looms Large Over Latin American Oil

June 21, 2018 No Comments

While oil industry analysts and market participants are watching Venezuela closely for clues about how low its oil production will go, several other countries in Latin America are holding key elections this year, elections that will no doubt shape the countries’ short and medium-term oil policies. These developments could spell trouble for oil supply and […]

Atlas Renewable acquires Guajiro Solar Project

April 10, 2018 No Comments

Atlas Renewable Energy announced today that it acquired from SunPower Corp. (NASDAQ: SPWR) the Guajiro solar project in Mexico, with a planned capacity of 126.5 megawatts (MWp) peak (101.4 MW), in the municipality of Nopala de Villagran, state of Hidalgo. The project, which is expected to be commissioned in the second quarter of 2019, will […]

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Schlumberger Announces Second-Quarter 2017 Results

Schlumberger Announces Second-Quarter 2017 Results

July 24, 2017 No Comments

Q2 2017 Earnings highlights Revenue of $7.5 billion increased 8% sequentially Pretax operating income of $950 million increased 25% sequentially GAAP loss per share, including charges of $0.40 per share, was $0.05 EPS, excluding charges, was $0.35 Quarterly cash dividend of $0.50 per share was approved Schlumberger Chairman and CEO Paal Kibsgaard commented, “Our second-quarter […]

Rame secures US$4 million development loan for 210MW project pipeline from InterEnergy

April 25, 2016 No Comments

Rame Energy plc (AIM:RAME), the AIM quoted independent power producer and power project developer, announced that it has signed a development loan agreement (the “Loan”) as part of its expanded strategic relationship with InterEnergy Holdings (“InterEnergy”), a leading Cayman based owner of power generation and distribution assets in Latin America and the Caribbean. The Loan […]

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GE Oil & Gas Awarded Contract By PERU LNG Plant

January 20, 2015 No Comments

GE Oil & Gas (NYSE: GE) announced it has been awarded a long-term contractual service agreement (CSA) through General Electric International Peru to support the PERU LNG S.R.L liquefied natural gas (LNG) facility in Pampa Melchorita, Peru, approximately 100 miles south of Lima. The facility is South America’s LNG production plant. The new CSA agreement […]

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GE Opens New Global R&D Center in Brazil

November 17, 2014 No Comments

General Electric (NYSE: GE) announced the opening of the $500 million Brazil Technology Center that will focus on developing advanced subsea oil and gas technology. The center, GE’s first in Latin America, will be a hub for engagement and collaboration with GE’s customers in the region and is expected to employ 400 researchers in the […]

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Canacol Energy Ltd. Announces Strategic Financing with Apollo Investment Corporation

October 30, 2014 No Comments

Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE;OTCQX:CNNEF; BVC:CNEC) is pleased to announce that it has established a financing relationship with Apollo Investment Corporation (NASDAQ: AINV) (or “Apollo Investment”) to finance its investment in oil and gas properties in Colombia and Latin America. As a result, the Corporation has entered into a US$ 100 million […]

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Saipem wins new E&C and Drilling contracts worth approximately $2 billion

October 29, 2014 No Comments

Saipem has been awarded a new Engineering & Construction contract in Saudi Arabia and new Drilling contracts in the Middle East and in Latin America cumulatively valued approximately $2 billion. Saudi Aramco has awarded Saipem an EPC contract relating to the expansion of the onshore production centers at the Khurais, Mazajili and Abu Jifan fields. […]

Tags: , , , Press Releases

Patricia Vega is the New Leader of GE Oil & Gas for Latin America

September 18, 2014 No Comments

Patricia Vega is the new president and CEO of GE Oil & Gas (NYSE: GE) for Latin America. She will be responsible to maintain the prominent position assumed by the company in the oil and gas market, contributing to the development of customized solutions that meet the specific demands of customers and partners in the […]

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