Posts Tagged ‘additional’

Greece to need extra 32.6 bln euros if budget target pushed back 2 yrs-draft

by on November 12, 2012 4:52 pm BST
BERLIN | Mon Nov 12, 2012 11:52am EST BERLIN Nov 12 (Reuters) - Greece will need 32.6 billion euros in extra financing if the country reaches its primary budget surplus target of 4.5 pct of GDP in 2016, two years later than originally planned, a draft document prepared for euro zone finance ministers showed. "To close the

AusTex Oil announces second horizontal well with Range resources spudded

by on November 2, 2012 6:16 am BST
AusTex Oil announces second horizontal well with Range resources spuddedAusTex Oil  is pleased to update shareholders on its continued well development program at the company’s 100% owned 5,500 acre Snake River Project in Kay County, Oklahoma. Hod #19-1N Well.The company has had confirmation from Range Production, a subsidiary of

Senergy and Apache announce technology transfer agreement

by on October 8, 2012 9:00 am BST
Senergy and Apache announce technology transfer agreementLONDON -- Two energy industry companies have announced a partnership to provide the oil and gas industry with previously proprietary geosteering and other software that can improve the evaluation and productivity of unconventional resource developments.Senergy, which provides fully-integrated project and asset development services

Aker wins Visund subsea prize

by on October 2, 2012 10:32 am BST
The engineering contractor will supply five subsea trees and 11 control modules under a call-off from an existing frame agreement with the Norwegian state oil company, with an option for four additional subsea tree systems.Aker has already supplied 30 such trees on Visund and the latest units will be equipped