Zargon Cash Dividend for December 2014
Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2015 to shareholders of record on December 31, 2014. Unless otherwise indicated, all dividends paid by Zargon are "eligible dividends" for Canadian tax purposes. Based in Calgary, Alberta, Zargon's securities trade on the Toronto Stock Exchange and there are currently 30.175 million common shares outstanding. Zargon Oil & Gas Ltd.
50 Millionth Ton of Oil from RN-Uvatneftegaz
RN-Uvatneftegaz, a subsidiary of Rosneft, produced 50 millionth ton of oil since the start of Uvat project implementation in 2004. In 10 years of enterprise performance the annual oil output increased almost by 10 times – from 1.2 mln tons in 2004 to about 10 mln tons, expected by the end of the current year. In 2007 production at Urnenskoye and Ust-Tegusskoye fields started – these are the largest fields discovered by geologists in the Uvat District.
Water Levels Low on Lake St-Louis
Mariners are advised that due to low precipitation, and declining outflows, the water levels on Lake St-Louis are lower than normal. Vessels with a draft greater than 70 dm are limited to 11 knots upbound and 13 knots downbound. For vessels with a draft of 70 dm or less, the speed limit remains limited to 12 knots upbound and 14 knots downbound respectively. changes.
Navigation in Parana River Restored
Navigation in the Parana River was temporarily interrupted due to an fuel spill after a collision between two vessels at km 285 (near Sab Pedro) on Saturday, 13 December.
ClassNK Tops 230 mi GT
Leading classification society ClassNK announced that its register topped 230 million gross tons for the first time at the end November 2014. The announcement was made following a meeting of the Society’s Classification Committee, which certified that the NK Register listed 8,826 vessels totaling 231.34 million gross tons at the end of November 2014. As ClassNK finished 2013 with some 220.9 million gross tons on its register…
Lloyd's Register Foundation Funds Big Data Study
The Lloyd’s Register Foundation today launched its Foresight review of big data and announced a conditional grant offer of £10 million to support research by the Alan Turing Institute on engineering applications of big data. The Foundation’s Foresight review of big data: towards data-centric engineering, looks forward at how developments in the area of big data might impact the safety and performance of the engineering assets and infrastructure on which modern society relies…
Rotterdam Mentality Ties City, Port & University
The Municipality of Rotterdam, Port of Rotterdam Authority (PoR), Erasmus University of Rotterdam and Rotterdam partners are joining hands to put Rotterdam more clearly on the map, both at home and abroad. The concerted profile under the motto ‘Make it Happen’ reflects the typical Rotterdam mentality and shows what the city, port and inhabitants stand for: pioneering, groundbreaking and no-nonsense.
ABB Tromsø Service Point a Boon
Launching its most northerly Service Point in Tromsø, Norway, ABB Turbocharging reduces customer overhaul turn-around time from as much as one week down to a day. The launch of this Service Point on December 11, 2014 has allowed ABB Turbocharging to further meet customer requirements as it significantly decreases the turn-around time for Original ABB Turbocharging Service in this area, saving time for customers by as much as four days.
DONG Energy Appoints CEO for E&P
Søren Gath Hansen will step down as Group Executive Vice President and CEO for E&P. His successor is David B. Cook who comes from a position as Executive Officer and Head of Oil & Gas at the Abu Dhabi National Energy Company, TAQA. Søren Gath Hansen will continue in DONG Energy as head of the group's Quality, Health, Safety and Environment activities (QHSE). Søren Gath Hansen said, "I have worked for…
ABIS Projects Bags £1m Contracts
ABIS Projects has won a clutch of contracts worth around £1million over the next 15 months. The oil and gas project services consultancy has secured frame agreements and call-off contracts with ADTI, Hunting, Talisman Sinopec and North Sea newcomer, MOL. Aberdeen-based ABIS Projects is working with these new clients providing multi-discipline resources covering business strategy, acquisitions, risk, projects and management systems across the supply chain.