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SeaBird Exploration: new 2D survey award – Africa region

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19 September 2019, Limassol, Cyprus SeaBird Exploration is pleased to announce that the company has signed a contract to acquire a 2D seismic survey for an international oil & gas company in the Africa region. The survey is due to commence towards the end of September and is estimated to run for approximately three weeks. Read More

WATCH NATO jets shadowing Russian nuke-capable bomber over Baltic Sea

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Russian airmen have filmed a swarm of Belgian, Danish, Polish and Swedish fighter jets flanking a Tu-160 Blackjack bomber and its escort while on routine patrol over the Baltic Sea. Released by the Defense Ministry on Wednesday, the spectacular footage shows the supersonic Tupolev Tu-160 bomber taking off from an undisclosed airfield and heading for Read More

SeaBird Exploration: 2D survey in Australasia region

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11 September 2019, Limassol, Cyprus SeaBird Exploration is pleased to announce that the company has received notification of an award to acquire 2D seismic data in the Australasia region. The survey is due to commence during Q4 2019 and is estimated to run for approximately three to four months plus mobilization. The company will be Read More

Voters deliver warning to Norway’s oil industry

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By Mikael Holter on 9/10/2019 OSLO (Bloomberg) – Norwegian voters have fired a warning shot at the country’s oil industry. Parties that want to rein in the country’s golden goose made significant gains in Monday’s local elections. That raises the prospect of more advances for those forces that want to limit drilling in the Nordic Read More

Nordea names former Handelsbanken boss as new CEO

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STOCKHOLM/HELSINKI (Reuters) – Finland’s Nordea (NDAFI.HE) on Thursday named Frank Vang-Jensen, head of personal banking at the Nordic region’s biggest bank, as its new chief executive, who pledged to keep a close eye on costs at the group. FILE PHOTO: A flag flutters over the Nordea bank headquarters in Helsinki, Finland, May 5, 2017. REUTERS/Ints Read More

Danske Bank poaches Commerzbank finance chief in post-scandal shake-up

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COPENHAGEN (Reuters) – Danske Bank (DANSKE.CO) named Stephan Engels from Commerzbank (CBKG.DE) as its finance chief on Thursday, in an ongoing overhaul by the Danish lender’s new boss to restore trust after its involvement in a damaging money laundering scandal. FILE PHOTO – Commerzbank CFO Stephan Engels attends the bank’s annual news conference in Frankfurt, Read More

Vestas receives 60 MW order for two merchant projects in Finland with 30-year service contract

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News release fromVestas Northern and Central EuropeHamburg, 2 September 2019 Vestas has secured an order from the Nordic developer OX2 backed by the UK investor Infracapital for the wind projects Kröpuln and Storbacken in Western Finland that will be realised on a merchant basis without any direct financial support. The projects have a total capacity Read More

Want your banks to fork out on the military budget? Ask Sweden how to

3 weeks ago DieselGasoil Comments Off on Want your banks to fork out on the military budget? Ask Sweden how to
A military neutral Sweden is ramping up its military budget and is forcing banks to foot the country’s growing defense bill. After all it has created a good imaginary threat – Russia. Swedish lawmakers ruled this week that the country desperately needs to boost military spending by 5 billion Swedish crowns (around US$509 million) in Read More

Brazil officials, Bolsonaro’s son meet with Trump to discuss Amazon fires

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WASHINGTON/BRASILIA (Reuters) – Brazil’s foreign minister and President Jair Bolsonaro’s son met with U.S. President Donald Trump on Friday to discuss the fires ravaging the Amazon rainforest, although no concrete measures to deal with the blazes were announced. The son of Brazilian President Jair Bolsonaro, Eduardo Bolsonaro, leaves after a meeting with U.S. President Donald Read More

Brazil weighs offers from U.S. and others to help fight Amazon fires

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BRASILIA (Reuters) – Brazilian President Jair Bolsonaro said on Friday he may have news later in the day on his request to U.S. President Donald Trump for help fighting the Amazon rainforest fires, as the country also fields offers from Chile, Ecuador and Israel. An aerial view of a burning tract of Amazon jungle as Read More