Image - Leading Offshore Wind Suppliers Invest in TAG Energy Facility

Leading Offshore Wind Suppliers Invest in TAG Energy Facility

Leading offshore wind suppliers, EEW SPC of Germany and Bladt Industries of Denmark have taken over the TAG Energy facility in Teesside. They plan to invest up to pound20-25m to upgrade the facility into a world class manufacturing base for the offshore wind industry. It's expected that the facility will create up to 350 direct jobs in the local area, as well as a similar number in the supply chain. Energy Secretary Ed Davey said: "...

Exploration - Nov 21, 2014


Image - Apache Provides North American Onshore Update

Apache Provides North American Onshore Update

Apache Corporation (NYSE, Nasdaq: APA) will provide an update to investors at its North American Update conference in New York today. Highlights from the Update include: Apache forecasts 2015 North American onshore liquids growth of 12 to 16 percent when adjusted for 2014 asset sales. On a barrel of oil equivalent (BOE) basis, the company projects 2015 North American onshore production growth of 8 to 12 percent. This forecast assume...

Oil and Gas - Nov 20, 2014


Image - Statoil CEO: Oil and Gas Investments Needed to Meet Future Demand

Statoil CEO: Oil and Gas Investments Needed to Meet Future Demand

"The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most. Climate change doesn't stop at borders - and neither should our solutions," says Statoil CEO Eldar Satre at the Statoil Autumn Conference. "We need a global approach that stimulates technology innovation," Satre continues. In the 2014 World Energy Outlook the International Energy Agency (IEA) presents "New Policies" as the ma...

Oil and Gas - Nov 17, 2014




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