OCTIO ASSESSES CO2 MONITORING FOR CLIMIT
31-10-2011
Octio will do a pilot project to assess the permanent monitoring of CO2 storage under the seabed for CLIMIT. CLIMIT is a program to encourage commercial development of technology for capturing and storing CO2; administered jointly by Gassnova and the Norwegian Research Council.
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Verdande Technology awarded contract for DrillEdge™ deployment by PDO in Oman
24-10-2011
Trondheim, Oct 24, 2011 - Verdande Technology has been awarded a contract for the deployment of its DrillEdge technology for Petroleum Development Oman (PDO). Under the terms of the agreement, the DrillEdge software will be available for deployment on all of the 36 rigs currently working for PDO.
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Geomodeling releases AttributeStudio 7.1
07-10-2011
CALGARY, Canada – Geomodeling Technology Corp. has released AttributeStudio 7.1 seismic attribute interpretation software.
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TAQA Selects Navita Commodity Trading and Risk Management System for Bergermeer Gas Storage
27-09-2011
27 September 2011, Abu Dhabi, UAE - Abu Dhabi National Energy Company PJSC (TAQA), a global energy company majority owned by the Abu Dhabi Government, today announced selecting the Navita Systems AS Pomax enterprise-class commodity trading and risk management (ECTRM) solution for TAQA’s Bergermeer Gas Storage in the Netherlands.
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Baker Hughes Acquires Equity Stake in Verdande Energy
01-09-2011
HOUSTON, TEXAS – September 1, 2011 – Baker Hughes (NYSE: BHI) and Verdande Technology AS announced today that a subsidiary of Baker Hughes has acquired a minority equity stake in Verdande Energy AS, a subsidiary of Verdande Technology AS, and will become a user of Verdande Technology’s case-based reasoning (CBR) software platform for oil and gas applications.
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Statoil has extended their advisory agreement with Energy Capital Management (“ECM”)
15-04-2011
Statoil has extended the advisory agreement with ECM whereby ECM manages a number of investments made by Statoil in oil & gas and renewable energy technology companies. The extension is granted as a result of the positive progress made by ECM in developing Statoil’s investment portfolio since the agreement was first entered into in 2008. ECM will remain Statoil’s preferred partner in the area of venture capital.
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Energy Capital Management and Energy Ventures Sell Portfolio Company Stingray
13-04-2011
Energy Capital Management and Energy Ventures II are pleased to announce that their UK-based portfolio company, Stingray Geophysical Ltd, has been sold to the seismic company TGS NOPEC ASA.
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NRG Energy and BrightSource Energy Partner on Ivanpah Solar Electric Generating System: 392-Megawatt Facility in California Will Be World’s Largest Solar Thermal Facility When Completed
27-10-2010
PRINCETON, NJ, October 27, 2010—NRG Energy, Inc. (NYSE: NRG), through its wholly owned subsidiary, NRG Solar, executed a letter of intent to partner with BrightSource ...
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Brightsource Energy Breaks Ground on Ivanpah Solar Electric Generating System
27-10-2010
Governor Schwarzenegger and Secretary Salazar join state, federal and local officials to commemorate the groundbreaking of the world’s largest solar power plant
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U.S. Bureau of land Management approves Brightsource Energy`s Ivanpah Solar electric generating system
07-10-2010
(OAKLAND, CA) October 7, 2010 – BrightSource Energy, Inc., developer of utility scale solar power plants, today announced that the U.S. Bureau of Land Management (BLM) issued its Record of Decision (ROD) for the company’s Ivanpah Solar Electric Generating System. With today’s BLM decision, the Ivanpah project now has all of the necessary permits to commence construction.
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