U.K. supermajor BP and mining company Rio Tinto have formed a joint venture aimed at creating “de-carbonized” power plants wich couple carbon capture and storage techniques with hydrogen removed from gas and coal for fuel. 
U.K. oilfield player Mediterranean Oil & Gas has hired seismic surveying vessel M/V Geo Mariner of Seabird Exploration.to shoot 1,000 kilometres of “2D” seismic in four blocks of Area 4 offshore Malta. 
U.K.-based Hungarian acreage-owner Matra Petroleum has agreed to swap new shares in itself of a piece of Russiaan acreage 1,000-odd kilometres south of Moscow, a statement to shareholders said Thursday. 
The Marshal Plan's venture capital and private-equity successor, 3i, has put $250 million into E&P start-up Delta Hydrocarbons, brainchild of former Shell boss Walter van de Vijver and former Schlumberger mergers captain, Maarten Scholten. 
Singapore based Ezra Holdings Limited, an offshore support and marine services provider in Southeast Asia’s offshore oil and gas industry, is seeking a separate overseas listing for wholly-owned EOC Pte Ltd, its Production & Construction division. 
North Sea player, Granby Oil & Gas, declared Monday that financing is in place to develop the Galoc oil find off the northwestern Phillippines with two sub-sea wells and a floating production, storage and offloading vessel, or FPSO. 
Aker, Aker Kvaerner and Aker Yards will together sprout Aker Innovation, a new business to target emerging industrial opportunity, a Group press release said Thursday. 
Norwegian start-up Malka Oil listed on the Oslo exchange at the weekend, and on Monday was set to list in Stockholm on the back of a Siberian oilfield bought at auction in 2005.
Bourbon business up 36% on African wave Feb 9, 2007
Paris-based offshore ship-owner Bourbon said the revenues of its offshore business grew 35.8 percent to €376.6 million during 2006, with 31 new vessels Christened and the massive growth in African and Asian E&P. 
Biofuels in the United Kingdom got a boost Monday with money and sponsors announced for a Green Biologics, a company from the Oxford area bent on producing and putting biobutanol, a chemical feed, into fuels. |
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