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 Eight Brazil FPSOsUnderlining its position as one of the key growth regions for the global oil sector Brazil has seen orders for eight new FPSOs placed.  Dong delivers revenue and earnings risesDong Energy delivered a rise in revenue and earnings for the nine months to September this year. [Full story ] • Company news  €1 Trillion for European energy networkA price tag of €1 trillion has been put on the cost of creating a European-wide energy grid to share power between member states. [Full story ] • Politics  Eirik Raude headed for FalklandsOcean Rig's Eirik Raude is set to head south to the Falklands Islands for exploration drilling with a letter of intent signed by South Atlantic explorer Borders and Southern Petroleum. [Full story ] • Rig news   Apache bags Mariner EnergyApache Corporation completed a merger with US Gulf of Mexico player Mariner Energy paying US $800 million in cash but with the assumption of Mariner's $1.6 Bn of debt. [Full story ] • Company news  Investment up driven by renewables says SSEScottish and Southern Energy signalled it would be investing £584 million this year and next to provide better energy supplies in the UK. [Full story ] • Company news  Gas storage drilling for SenergyTaqa – the Abu Dhabi National Energy Company - selected Aberdeen-based energy service group Senergy to provide sub-surface consultancy services for a Dutch onshore gas storage project. [Full story ] • Contracts  Seadrill sources capacity for four new drillshipsNorway's Seadrill has secured slots to build up to four new new ultra-deepwater drillships which could cost up to US $2.4 Bn. [Full story ] [Rig news]  Tanzania interest tightensLondon-listed Dominion Petroleum said a seismic survey over a deepwater block in Tanzania has confirmed the prospects for up to 1.1 Bn bbl of oil or possibly 7 Tcf of gas. [Full story ] • Exploration  Danish pipeline bundle bookedSubsea 7 says it has clinched a new contract in the Danish sector of the North Sea which is worth around US $55 million. [Full story ] • Contracts  Owo confirmed as major findTullow Oil confirmed today that the Owo 1 well drilled offshore Ghana is regarded as a major new oil discovery.  Hayward defends his recordFormer BP chief executive Tony Hayward told television last night how he felt about the Deepwater Horizon disaster in the Gulf of Mexico and its fallout. [Full story ] [Company news]  Sevan Voyageur signed for HuntingtonSevan Marine's Sevan Voyageur FPSO has finally been signed up for the Huntington field development in the UK North Sea.  Presidential Commission finds BP did not put cost before safety.BP did not put costs before safety while drilling the deepwater Macondo well in the US Gulf of Mexico a President Commission in the US concluded [Full story ] • HSE  Bowleven books new African findBowleven has booked a new oil find offshore West Africa after drilling on the Sapele 1 well in the Etinde permit area offshore Cameroon. [Full story ] • Exploration  Sterling appoints new chiefSterling Energy has announced the appointed of former Emerald Energy leader Angus MacAskill as its new chief executive. [Full story ] • Company news  New find on Russian licenceLondon-listed PetroNeft Resources has reported a new oil find in the Former Soviet Union within its Arbuzovskaya in Licence 61 area. [Full story ] • Exploration  Skarv FPSO closer to productionSkarv FPSO was named at a ceremony in South Korea yesterday. [Full story ] • Company news  Production down in SeptemberThe average daily production decreased in September according to Norwegian Petroleum Directorate. [Full story ] • Exploration  Noreco gets green lightNoreco has received a green light for drilling a well in the North Sea.  Spring Capital buys into Bergen GroupSpring Capital has acquired more shares in Bergen Group, and is on its way to secure 33 per cent of the shares. [Full story ] • Company news  Aker bags Hebron projectThe joint venture Kiewit-Aker Contractors has bagged a contract for a Hebron project gravity structure. [Full story ] • Contracts  Cheviot Octabuoy 80% completeConstruction of the Octobuoy platform for ATP's Cheviot heavy oil field development in the UK North Sea is now 80% operator ATP has said.  Funding for Oregon wave power studyBritish-based wave energy specialist Aquamarine Power has received a cash grant to look at deploying its technology offshore North America. [Full story ] • Renewables Offshore247.com
 Rachel North well approved for FalklandsDesire Petroleum has confirmed plans to drill a new well designated Rachel North off the Falkland Islands after gaining the necessary regulatory and partner approval. [Full story ] [Exploration]
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