Testing is now underway on South West Train’s (SWT) refurbished fleet, as the £65m programme reaches its final phase. The 108 additional carriages will undergo safety, electrical and brake tests at the Wimbledon traincare depot. The first 60 are carriages taken from use at Gatwick Express as Class 460s, with [...]

Reference is made to stock exchange announcement from Norwegian Energy Company ASA ("Noreco" or the "Company", ticker "NOR") on 21 October 2013 regarding a comprehensive refinancing of all its bond loans totalling around NOK 3.1 billion, resulting, if completed, in a fully amended bond structure as further described therein (the [...]

Grosvenor Britain & Ireland has sealed a deal to assemble a 12-acre development site in Bermondsey for a new major residential-led scheme for London. Under the deal the developer has bought a 10-acre site at a former biscuit factory from Workspace Group. The site, known as the Tower Bridge Business [...]

Eni Norge AS, operator of production licence 529, is about to complete drilling of wildcat well 7016/2-1. The well was drilled in the Barents Sea about 185 kilometres southwest of the Snøhvit field and 160 kilometres northwest of Tromsø. The objective of the well was to prove petroleum in Eocene [...]

Petrofac, the international oilfield service provider, has announced a contract extension from South Oil Company (SOC) for its Iraq Crude Oil Expansion Project. The 12-month extension, worth around US$99 million includes the second phase of the project and will see the Company provide an additional scope of operations and maintenance [...]

Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, is pleased to announce the completion of a 1,500 sq km 3-D seismic acquisition programme on Frontier Exploration Licences (‘FELs’) 2/13 and 3/13 in [...]

Japan’s oil company Inpex has announced it was successful in the 27th Seaward Licensing Round in UK, and was granted an offshore Exploration Licence P2019 in the North Sea, jointly with Centrica Resources Limited  Centrica), a subsidiary of Centrica plc, a UK-listed energy company and Statoil (U.K.) Limited (Statoil), a subsidiary of Statoil ASA, [...]

Fred. Olsen Production reported its operating revenues in Q3 2013 were USD 29.4 million (USD 28.4 million in Q3 2012) with an EBITDA of USD 12.3 million (USD 14.5 million). After depreciation of USD 7.2 million (USD 7.1 million) the operating profit (EBIT) was USD 5.1 million (loss USD 7.4 [...]

Two of the world’s most innovative architectural practices have landed the job to design phase three of the Battersea Power Station redevelopment. Phase 3, which is otherwise known as the High Street, will comprise two major residential development zones along a retail pedestrian street from the northern line extension station. [...]

Tata Power Solar (TPS), a leading Indian solar company, has successfully commissioned a 10MW solar power plant for Jindal Aluminium (JAL) in Chitradurga, Karnataka, in June 2013. Executed in a record time frame of four months from the day the land was made available, the solar power plant is Karnataka’s [...]

Reference is made to stock exchange announcement from Noreco on 21 October 2013, where it inter alia was informed that the Huntington field is still producing at about 40 per cent of capacity, and that further information with respect to ramp up was expected within this week. E.On, the operator of the Huntington field continues [...]

The first crane is now on site at Wates’ £35m Two Glass Wharf job at Temple Quay in Bristol. The 100,000 sq ft scheme is the first speculative office development in the city for several years. The client on the job is Salmon Harvester Properties Limited – a joint venture [...]