LUKOIL has summed up the results of its bidding procedure for contractors to run construction projects as part of the second stage at Vladimir Filanovsky field in the Caspian Sea. OAO Globalstroy-Engineering will be responsible for the development of engineering documentation, purchase of equipment and materials, construction and commissioning and [...]

The U.K. rejected proposals for a 25 billion-pound ($40 billion) tidal-energy barrage designed to generate as much as 5 percent of the nation’s power needs. The plan by Hafren Power Ltd. for a dam-like barrage won’t offer value for money and may endanger the environment, the government said in a [...]

The owners of London City Airport have submitted a planning application for a £200m expansion of the Docklands airport which would create 500 new construction jobs. The plans include new aeroplane parking stands to accommodate larger aircraft, a parallel taxilane to optimise runway capacity in peak operating hours and a [...]

The DfT has given more details of new ticketing initiatives designed to improve the quality of rail travel for passengers. These include a cap on the most expensive ticket prices (£250 for a standard single and £500 for a standard return) a standardised process for dealing with passengers with incorrect [...]

Northern Offshore U.K. Ltd, has been awarded a contract with Wintershall Noordzee B.V. , for the jack-up offshore drilling rig Energy Endeavour. The contract will be performed in the Dutch Sector of the North Sea starting around October 1, 2013. The dayrate for the rig has been set at $160.000. The [...]

The global solar energy storage market could be turned on its head by 2017, with the commercial sector set to overtake residential and utility-scale to become the largest market segment. A new report from IHS, titled The Role of Energy Storage in the PV Industry, predicts that worldwide installations of photovoltaic [...]

AFC Wimbledon have set their sights on returning to their traditional south west London home with plans to redevelop Wimbledon Greyhound Stadium. The Dons have unveiled detailed plans to build an 11,000-seat stadium for an expected cost of around £16m. The design would allow for flexibility to expand to 20,000 [...]

Senior leaders from across the rail industry and beyond set out the case for HS2 at a conference in Birmingham yesterday, with Network Rail chief executive Sir David Higgins saying the new line was “essential”. Speakers at the event at Birmingham Science Museum also included HS2 Growth Task Force chairman [...]

Dana Petroleum has reached an agreement with Hansa Hydrocarbons Limited (Hansa) for them to participate in the Pharos exploration well on Licence P.1566 in the UK Southern North Sea, due to be spudded before the end of September. The Pharos prospect is located approximately 50 km northeast of the Easington [...]

Statoil, operator of production licence 104 in the Norwegian part of the North Sea, is in the process of completing the drilling of the Cerberus wildcat well 30/9-25. The well has been drilled about six kilometres south of the Oseberg Sør facility, and about 130 kilometres west of Bergen. The [...]

Upstream, downstream, processing, policy, finance – opportunities and challenges abound in the bioeconomy – but which challenges are the most intractable and daunting of them all? They use various aliases — naysayers, pessimists, The Party of No, doom-and-gloom’ers, realists, skeptics, and so on. For almost every aspect of a biobased [...]

Skanska has signed a highways maintenance deal with Peterborough City Council worth up to £150m. The ten-year deal is worth £7.5m annually with the possibility of another ten-year extension. Atkins was announced as winner of the deal in August and Skanska bought its highways division earlier this year for £18m. [...]