Energi

ADS Services Signs Partnership Contract with Totalindo Energi

Retrieved on: 
Tuesday, July 11, 2023

ADS Services, LLC ("ADS" or the "Company"), a portfolio company of Black Bay Energy Capital ("Black Bay"), has signed a partnership contract and joint submission agreement with PT Totalindo Energi ("Totalindo Energi") for the supply of Managed Pressure Drilling (MPD) services and equipment.

Key Points: 
  • ADS Services, LLC ("ADS" or the "Company"), a portfolio company of Black Bay Energy Capital ("Black Bay"), has signed a partnership contract and joint submission agreement with PT Totalindo Energi ("Totalindo Energi") for the supply of Managed Pressure Drilling (MPD) services and equipment.
  • View the full release here: https://www.businesswire.com/news/home/20230713544408/en/
    ADS Services Signs Partnership Contract with Totalindo Energi (Photo: ADS Services, LLC)
    PT Totalindo Energi is the only national MPD company in Indonesia and is led by a management team with a long history and experience in the MPD industry.
  • The collaboration between ADS and Totalindo Energi will focus on introducing and integrating dynamic pressure control systems into the region.
  • ADS recently signed a partnership contract and joint submission agreement with the Iraqi Drilling Company (IDC) to provide oil services to the region.

LEXI Begins Lithium Drilling in Antofalla North

Retrieved on: 
Tuesday, June 13, 2023

Lithium Energi Exploration Inc. ( TSXV: LEXI ) (the “Company” or “LEXI”) is pleased to announce the commencement of its Antofalla North Project drilling campaign.

Key Points: 
  • Lithium Energi Exploration Inc. ( TSXV: LEXI ) (the “Company” or “LEXI”) is pleased to announce the commencement of its Antofalla North Project drilling campaign.
  • The drilling campaign, led by Dr. Gerardo Romero Agüero, President of Lithium Energi Argentina (LEA) S.A. and LEXI Director, has already reached the first 40 meters of the anticipated 400-meter well, with a state-of-the-art Boart Longyear LF90D smart drill.
  • “We are optimistic about the potential of the Antofalla North Project," said Mr. Agüero.
  • These roads also provide access to other LEXI properties in the Antofalla North project.

Minesto welcomes a new CFO and announces extension of the executive team

Retrieved on: 
Wednesday, June 7, 2023

Minesto is also expanding its Executive Team with new members and updated roles, to focus on moving towards large scale commercial buildout.

Key Points: 
  • Minesto is also expanding its Executive Team with new members and updated roles, to focus on moving towards large scale commercial buildout.
  • Minesto's long-term serving CFO, Fredrik Ahlström, will leave Minesto to pursue career opportunities outside the company.
  • Cecilia Sernhage has been appointed to Chief Communications Officer (CCO) and the new role is added to the Executive Team.
  • It is my privilege to welcome new and newly promoted colleagues into the Executive Team of Minesto", Dr Martin Edlund concludes.

Ørsted breaks ground on FlagshipONE - Liquid Wind's first electrofuel development project

Retrieved on: 
Wednesday, May 24, 2023

GOTHENBURG, Sweden, May 24, 2023 /PRNewswire/ -- Today, at an event in Örnsköldsvik in Northern Sweden, Ørsted broke ground on Europe's largest e-methanol project, FlagshipONE.

Key Points: 
  • GOTHENBURG, Sweden, May 24, 2023 /PRNewswire/ -- Today, at an event in Örnsköldsvik in Northern Sweden, Ørsted broke ground on Europe's largest e-methanol project, FlagshipONE.
  • "FlagshipONE is a pioneering project that will open a new era for green shipping and for Ørsted.
  • FlagshipONE will be the first project in a new green industry in Sweden, which Ørsted intends to spearhead."
  • FlagshipONE is our first sold project and is just the beginning of our journey to become the leading developer of electrofuel facilities.

Ørsted breaks ground on FlagshipONE - Liquid Wind's first electrofuel development project

Retrieved on: 
Wednesday, May 24, 2023

GOTHENBURG, Sweden, May 24, 2023 /PRNewswire/ -- Today, at an event in Örnsköldsvik in Northern Sweden, Ørsted broke ground on Europe's largest e-methanol project, FlagshipONE.

Key Points: 
  • GOTHENBURG, Sweden, May 24, 2023 /PRNewswire/ -- Today, at an event in Örnsköldsvik in Northern Sweden, Ørsted broke ground on Europe's largest e-methanol project, FlagshipONE.
  • "FlagshipONE is a pioneering project that will open a new era for green shipping and for Ørsted.
  • FlagshipONE will be the first project in a new green industry in Sweden, which Ørsted intends to spearhead."
  • FlagshipONE is our first sold project and is just the beginning of our journey to become the leading developer of electrofuel facilities.

LEXI Announces Details of Antofalla North Project Drilling Plan

Retrieved on: 
Wednesday, May 10, 2023

Lithium Energi Exploration Inc. ( TSXV:LEXI ) (the “Company” or “LEXI”) is pleased to announce that contracts are executed, and the first drill hole in its Antofalla North Project drilling campaign (the “Campaign”) will commence in the next 30 days.

Key Points: 
  • Lithium Energi Exploration Inc. ( TSXV:LEXI ) (the “Company” or “LEXI”) is pleased to announce that contracts are executed, and the first drill hole in its Antofalla North Project drilling campaign (the “Campaign”) will commence in the next 30 days.
  • “Our Campaign team is best-in-class, comprising companies owned and operated by local residents of the province of Catamarca, where the project is located, with past experience operating in the Salar de Antofalla,” noted LEXI CEO Ali Rahman.
  • “This hyper-local knowledge will be critical to ensuring our ability to execute a successful drilling campaign to prove value in our properties and deliver shareholder value.
  • Lithium Energi Exploration, Inc., (TSXV: LEXI), (FSE: L09), (OTC: LXENF), or “LEXI” is an exploration company focused on the acquisition, exploration, and development of lithium brine assets in Argentina.

Norsk Hydro: Robust results, executing on strategy

Retrieved on: 
Friday, April 28, 2023

“Hydro is delivering robust financial results and executing on our strategic objectives, despite volatile markets and weaker demand.

Key Points: 
  • “Hydro is delivering robust financial results and executing on our strategic objectives, despite volatile markets and weaker demand.
  • This 40 percent interest will be acquired by Hydro from Vale and immediately sold to Glencore on a back-to-back basis.
  • The transaction is an important step to deliver on Hydro’s strategy.
  • Hydro will continue to be long alumina, but now more balanced in relation to the demand from our aluminium smelter portfolio.

Norsk Hydro: Strike at Hydro Karmøy and Hydro Årdal

Retrieved on: 
Sunday, April 16, 2023

Following the breach in mediation between The Confederation of Norwegian Enterprise (NHO), the Confederation of the Vocational Unions (YS) and the Norwegian Labor Union (LO), employees organized in Industri Energi and FLT at Hydro Karmøy and Hydro Årdal will go on strike from Monday, April 17.

Key Points: 
  • Following the breach in mediation between The Confederation of Norwegian Enterprise (NHO), the Confederation of the Vocational Unions (YS) and the Norwegian Labor Union (LO), employees organized in Industri Energi and FLT at Hydro Karmøy and Hydro Årdal will go on strike from Monday, April 17.
  • The strike will gradually affect the operations at Hydro Karmøy and Hydro Årdal.
  • The affected members will go on strike gradually, as ramping down production requires considerable work effort from the operators at the aluminium plants.
  • Shipping activities will be strictly limited for both Hydro Årdal and Hydro Karmøy for the duration of the strike, which will lead to delays in deliveries.

Aker BP announces start-up of production from the Frosk field development in Alvheim

Retrieved on: 
Tuesday, March 14, 2023

FORNEBU, Norway, March 14, 2023 /PRNewswire/ -- Aker BP is pleased to announce that the Frosk field development in the Alvheim area has been successfully completed and production has started on schedule and within budget, only 18 months after the Plan for Development and Operation (PDO) was submitted.

Key Points: 
  • FORNEBU, Norway, March 14, 2023 /PRNewswire/ -- Aker BP is pleased to announce that the Frosk field development in the Alvheim area has been successfully completed and production has started on schedule and within budget, only 18 months after the Plan for Development and Operation (PDO) was submitted.
  • Frosk is operated by Aker BP, with Vår Energi as partner.
  • "The Frosk project has been delivered with high quality, on time and within budget by Aker BP's project team in close cooperation with our suppliers.
  • This is the result of targeted exploration and reservoir development, technological innovation and not least the unique collaboration with key suppliers under Aker BP's alliance model.

Experience Smart Cities at CHINT's Booth in MEE, Dubai

Retrieved on: 
Thursday, March 9, 2023

When viewed from a 180-degree angle, the exhibition offers an immersive display about "smart cities" that is grounded on the floor, presenting a comprehensive range of exhibits and technical solutions that complement the smart buildings suspended above.

Key Points: 
  • When viewed from a 180-degree angle, the exhibition offers an immersive display about "smart cities" that is grounded on the floor, presenting a comprehensive range of exhibits and technical solutions that complement the smart buildings suspended above.
  • Dubai has taken center stage on the world energy platform, and global energy audiences were witnessing the exciting developments.
  • At the exhibition, CHINT signed MOUs with multiple partners to collaborate and support the advancement of smart cities.
  • "Smart cities are closely related to our daily lives, increasing the economic potential of cities and improving the daily lives of residents.