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Familiar Technologies: Auto Cad – Process Piping.
Regions of the world you have worked: I have all my experience years in Nigeria, specifically Agip (ENI) Oilfield.
Resume: COUNTRY OF ORIGIN: Nigeria
SEX: Male
DATE OF BIRTH: 27th Nov. 1975
MARITAL STATUS: Married with two kids
LANGUAGES SPOKEN: English and Native Language
MY PERSONALITY AND MISSION
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By John Lee.
Iraq’s Foreign Minister, Hoshyar Zebari, met the Serbian Ambassador to Iraq, Radisav Petrovic, on Wednesday.
During the meeting, Minister Zebari called on the Serbian investment companies to contribute in Iraq’s reconstruction.
The Undersecretary for Policy Planning and Bilateral Relations, Head of the Europe Department, and the Minister’s Office Manager also attended the meeting.
Minister Zebari also met the Greek Ambassador to Iraq, Mercourios Karafotias, and discussed with him the Greek companies’ contribution in the reconstruction and development process.
(Source: MOFA)
.reportBy John Lee.
His Excellency Prime Minister Nouri Kamil Al-Maliki opened the International Book Fair at Baghdad International Fair on Thursday.
The Prime Minister said in a press conference:
“The Iraqi culture and Iraqi intellectuals are the priorities of our attention today, this is a considerable development compared to the time of the former regime, when books were banned.“Iraq has returned again to embrace intellectuals and books, and there is an opportunity for printing and publishing, and this is one of the signs and indications of an atmosphere of freedom that we are witnessing in Iraq.“We must focus on promoting culture so that we can build a civilized state, as the interest in culture is one of the basic steps in the construction efforts.“His Excellency toured the book fair during which he met with the participants and listened to their views and ideas related to its development.
(Source: Prime Minister’s Office)
.report
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PVR PVR will also open a listing that said to the shareholders of Cinemax to buy up to 26 percent more, in the announcement.
The share would make India's largest PVR multiplex. PVR currently has approximately 210 screens.
Cinemax, which 39 properties with 138 screens operates, will help acquire PVR upscaling and become the largest multiplex company in India.
According to a report by CNBC-TV18, is even Imax looking to expand of its existing contract with PVR. IMAX hopes to open theaters in alliance with PVR in Bangalore Mumbai and Delhi soon, and to benefit from the PVR-Cinemax deal too.
. pagination_article"So, we asked him to share what information he has ... He has asked for a meeting (with me). We are waiting for further input from him before we take a different view on this matter, "Chawla said here. He spoke to reporters on the sidelines of a seminar organised by PHD Chamber.
Chawla said the Commission had looked into this matter in the past. "We could not find any evidence of carterlisation. The Commission's decision, then was that traffic in air cargo must supply and demand factors that go up or down at different times of time, "he added.
Respond to another query Chawla said the Commission has some information on the issue of heading NMDC and sailing the same person received.
"Some information is filed with us. We look at it and we're still to take a call (on the issue), "he said.
SAIL Chairman C S Verma is also the head of NMDC, a scenario that allegedly anti-competitive. In response to a query on alleged oil price carterlisation Chawla said that the Commission was waiting for information from the Ministry of petroleum.
"We have asked the Petroleum Ministry to us information about the way (sector work) and how come they all the same kind of price. We are waiting for their reply, "he noted.
PTI
. pagination_articleMeanwhile, Maldives has denied a report by local Sun Online that work permits and visas of GMR officials in the Maldives be canceled within seven days.
Maldives President's Press Secretary said that GMR has gotten more time Masood Imad than what is laid down in the contract. Visas to GMR officials will continue according to the normal procedures, he added.
"According to the contract, either party may terminate the contract notice 5 days but we have 7 days to deliver it to them the project. They have more time to get their equipment after handing over the airport to MACL. The visa will continue to stand according to the normal procedures, "he said.
The Maldivian Cabinet on Tuesday decided to terminate the contract for the development of Male GMR Airport and issued a notice to handing the airport within 7 days to state company Maldives airports Company Ltd.
It had also asked GMR to vacate and remove all property from the airport within 30 days. GMR group, via a consortium with Malaysia airports Holdings Berhad (BE CENTRED ROUND), had the 500 million dollar contract on June 24, 2010 won by a global competitive bidding process of upgrading and managing the male airport for 25 years.
The contract, named as some of the biggest foreign direct investment in the Maldives, then got from the Maldivian Government headed by Mohamed Nasheed. However the project was hanging in balance since the regime change in the Maldives, as some local political parties earlier this year, which is now in power, were opposed to levy a $ 25 per passenger cargo GMR airport for application development (ADC).
The issue of charging the ADC is currently pending in a Court of arbitration in Singapore. Termination of the GMR contract also had sharp responses from the Government of India called, which said Tuesday that it is a "very negative signal" to foreign investors.
"The decision to terminate the contract with GMR without consultation with the company or the efforts to arbitration in accordance with the agreement a very negative signal for foreign investors and the international community", a spokesman of the Ministry of Foreign Affairs had said.
PTI
. pagination_articlePassing the order on the appeal filed on 27 November, SAT noted that "a contempt petition by the respondent Board (Securities and Exchange Board of India) and an assessment petition by applicants (Sahara group of companies) against the order dated 31 August 2012 are already in treatment for Supreme Court."
The apex court had asked Sahara India Real Estate Corporation Ltd (SIRECL) and Sahara housing investment Corporation Ltd (SHICL) to an estimated Rs 24,000 crore with an annual interest rate of 15 percent, while Sebi was aimed at facilitating the refund of this money to three refund crore bondholders of the two companies.
The Supreme Court had asked these companies to deliver the documents relating to these investors to Sebi within 10 days and refund the money within three months, failing which the regulator was asked to freeze the accounts and properties of the two companies.
SEBI issued a letter to the two companies asking them to provide data on 1 November 2012 of all bank accounts and properties, if they "don't deliver the documents to the Board within the prescribed time and thus the direction of the Supreme Court violated".
In the appeal at SAT, the Sahara companies said that Sebi "has deliberately refused the documents/information and wrongly went on the basis that the appellants in the non-observance of the instructions in the aforementioned ruling of the Supreme Court".
The two companies pleaded for SAT that they also a petition before the Supreme Court seeking reconsideration of 31 August. They further said the enterprises "are observing that the Board of Directors may not dwell on the payments that can be entered in accordance with the orders of Supreme Court as the Governing Council has randomly denied the documents/information relating to the investors of any fully convertible bonds (OFCD) by the appellants.
"It is, therefore, prayed that this Tribunal the court clerk, sat directly to accept custody can the amount payable by the appellants to the respondent by 30 November is the total amount redeemed by the appellants to excellent and OFCDs together with the interest on it per the directions of the Supreme Court."
The appeal said that Sebi is redirected to the timeframe within which the defendant the amount to the holders of OFCD and repay a scheme will on how the regulator proposes to give the money back.
SEBI counsel, however, objected to the appeal and the Tribunal to hear that the letter issued by the regulatory authority to the two companies not "a judicial order" under Sebi Act was. He submitted further that the appeal is premature, as no amount has contributed by the two companies in accordance with the instructions of the Supreme Court.
PTI
. pagination_article"We are faced with a legacy of 35 years (from left Front line). The Government is in debt trap and so we are in a different situation (from other States).
"The demands (of the infrastructure companies) are real but our options are limited due to financial constraints," she said, adding, the situation is so grim that the State must agree how its employees pay their salary in time.
Real estate companies had sought to reduce the tax on housing.
Banerjee, however do not respond to body builders Credai demand for Urban Land Ceiling bracket repealing Act.
A Cabinet Committee on urban infrastructure with some senior Cabinet ministers today to urban infrastructure projects.
PTI
. pagination_article"We are in conversation for an increase in capital, the company is not for sale and our existing shareholders, investment Dar, is very committed to Aston Martin," an Aston Martin spokeswoman told Reuters on Thursday.
The spokeswoman confirmed that Aston Martin third quarter presentation to the bondholders, published late on Wednesday, the talks as being "at an advanced stage".
The Indian group hopes right to strike a deal to buy up to half of Aston Martin by the end of this week, sources said on Tuesday, adding that the deal would probably be for an initial stake of 40 percent which could to 50 percent for a total price of approximately $ 400 million increase.
Investment Dar has consistently denied that it is in talks to sell all of part of its stake in Aston Martin.
Reuters
. pagination_articleThe EGoM has to decide about the reservation of the price for this service areas should be established. It also has to decide about CDMA spectrum that had no takers.
The recent auction of GSM spectrum attracted bids worth Rs 9,407 crore compared with minimal expected amount of Rs 28,000 crore.
There is also a proposal to conduct an auction of the 900 Mhz band in Delhi, Mumbai and Kolkata along with 1800 Mhz band, but must take on the proposal EGoM final call.
Telecom operators prefer 900 Mhz band as they need to implement less telecom towers in comparison with that in the 1800 Mhz band.
PTI
. pagination_articleIn an order dated 31 August the Court had the two companies of the Sahara on investor funds within three months, with 15 percent interest, return Sebi ordered. That deadline expires tomorrow, 30 November. The money is to be issued after verification of the documents of application.
Sahara had SAT approached looking for a order that Sebi would accept both force are loads of documents and the final payment of Rs 5,120 crore. SAT decreased to issue any order says that it was premature.
There are messages in the press, particularly Business Standard, which indicates that the Sahara pressure pressure OFCD investors to invest in other group arrangements was, including by before the letter from the permission of investors to dates prior to the judgment.
It is not known whether Sebi Sahara the truncated cheque will accept, because documents to the Supreme Court talked about more than three crore investors and outstanding amounts of Rs 24,000 crore.
The big question is: how Rs 24,000 crore Rs only 5,120 crore in a matter of months has become?
We have not heard the last on this issue. More Court battles are in the offing.
Securities appellate tribunal order
. pagination_articleVantage Drilling Company has entered into a joint venture with an affiliate of Skeie Group and other investors to construct a high-specification drillship at the STX Offshore & Shipbuilding yard in South Korea. Vantage has invested US$31 million in the joint venture entity, Sigma Drilling, and will initially own approximately 42% of the equity in Sigma. Sigma was formed to construct a BT-UDS dynamically positioned ultra-deepwater drillship that will be capable of operating in 12,000-ft water depths, have a 25,000-metric ton variable deck load, a dual-activity derrick, two seven-ram blowout preventer units and be capable of storing up to 12 subsea Christmas trees. Delivery of the vessel is expected in November 2015.
“We view this high-spec drillship construction project as an excellent opportunity for Vantage to further grow our presence in the expanding ultra-deepwater drilling market, with only a small capital commitment,
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A subsidiary of Seadrill has entered into an agreement with Songa Offshore to acquire the Songa Eclipse ultra-deepwater semisubmersible for US$590 million. The rig was delivered from the Jurong Shipyard in Singapore in 2011 and is operating for TOTAL offshore Angola on a fixed contract ending in December 2013. In addition, TOTAL has three one-year options to extend the contract. Seadrill intends to take delivery of the rig in December 2012. “This investment is in line with our strategy of building a modern fleet through selective acquisitions and organic growth,
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Siemens Drive Technologies has launched an initiative called Integrated Drive Systems to simplify its way of doing business by capitalizing on the efficiency of custom-engineered products and services, including gearboxes, couplings, motors and drives.
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Noble Energy has made a discovery at the Big Bend exploration prospect in deepwater Gulf of Mexico. The well, located in 7,200 ft of water on Mississippi Canyon Block 698, was drilled to a total depth of 15,989 ft. Open-hole logging identified approximately 150 ft of net oil pay in two high-quality Miocene reservoirs.
“The discovery at Big Bend is an exciting follow-up to our recent success at Galapagos,
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To reduce environmental impact and improve the economic performance of US unconventional gas production activities, Seneca Resources Corp and Ensign Drilling have installed two GE gas engines to power the first liquefied natural gas (LNG)-fueled drilling rigs in the Marcellus Shale. Seneca converted the power plants of two existing diesel-powered rigs to use LNG in GE’s 1-megawatt Jenbacher J320 turbocharged natural gas engines. The Jenbacher units were combined with Ensign Drilling-designed rig packages to provide the electricity needed by each rig. The J320 represents GE’s first US Environmental Protection Agency-certified technology for mobile and stationary drilling applications.
In October, Seneca Resources and Ensign Drilling converted their first rig, which is operating in Lycoming County, Pa. The second rig was converted to LNG in November and was assigned to Seneca’s Marcellus Shale gas leases in Forest, Elk, Jefferson and McKean counties.
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McMoRan Exploration’s Davy Jones No. 1 production test is in progress on South Marsh Island Block 230, the company announced this week. McMoRan replaced heavy drilling mud in the hole with clear completion fluid, which was required to suppress flow in the well while the final steps were completed. On 11 November, the well was opened for test and flowed gas into an unmetered atmospheric tank before being flared. McMoRan has recovered completion fluids with weights of approximately 9 and 19 lbs/gallon and is initiating operations to inject a barite solvent into the formation to clean out the perforations to achieve a measurable flow test.
McMoRan has drilled two successful subsalt wells in the Davy Jones field. The Davy Jones No. 1 well logged 200 ft of pay in multiple Wilcox sands, which were all full to base. The Davy Jones offset appraisal well (Davy Jones No. 2), which is located 2.5 miles southwest of Davy Jones No. 1, confirmed 120 ft of pay in multiple Wilcox sands, indicating continuity across the major structural features of the Davy Jones prospect and also encountered 192 ft of potential hydrocarbons in the Tuscaloosa and Lower Cretaceous carbonate sections.
McMoRan also has encountered hydrocarbon-bearing porous sands above 24,000 ft, as identified by wireline logs, in the Lineham Creek exploratory well, located onshore in Cameron Parish, La. The well, which has been drilled to 25,250 ft, will be deepened to a proposed 29,000-ft TD to evaluate Eocene and Paleocene objectives.
The Blackbeard West No. 2 ultra-deep exploration well on Ship Shoal Block 188 is currently drilling below 25,200 ft. Recent logging data indicates that the well has encountered additional potential hydrocarbon-bearing sands at approximately 25,000 ft. These sands are in addition to the previously reported potential low-resistivity pay zones, including one that is approximately 80-ft thick and requires further evaluation. The well is currently being deepened toward a proposed 25,500-ft TD to evaluate deeper Miocene targets.
The Lomond North ultra-deep prospect, which is located in the Highlander area in St. Martin Parish, La., is currently drilling below 10,700 ft. This exploratory well has a proposed TD of 30,000 ft and is targeting Eocene, Paleocene and Cretaceous objectives below the salt weld.
McMoRan is the operator with 63.4% working interest in Davy Jones; other partners are Energy XXI, JX Nippon Oil Exploration and Moncrief Offshore.
By Joanne Liou, editorial coordinator
Petrofac’s Houston training center has relocated to a new 7,000-sq-ft facility in the Energy Corridor in west Houston, adding about 34% additional training capability. Driven by demand from operators and drilling contractors, the facility has the capacity to train approximately 1,000 people annually in major emergency management, in addition to other course offerings in health, safety and assessor training. Tony Littler, Petrofac’s regional director of the Americas, said companies are looking to emergency management courses to help their crews know what to do if and when things go wrong.
The facility has four classrooms, two simulators and approximately 20 instructors supporting the emergency response and crisis management training, enabling Petrofac to run multiple courses at one time in different simulated models. Courses are accredited by IADC and OPITO, while a number of courses are specifically developed based on clients’ needs.
Under the notion of
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To illustrate how, and ultimately if, oil and gas extraction onshore can occur without impacting the environment, a proposed study by National Oilwell Varco (NOV) and Environmentally Friendly Drilling Systems Program (EFD) is aiming to address current drilling and completion practices that impact the environment, practices that have been developed to protect the environment and what more can be done. A comprehensive questionnaire and workshops would be used to compile a report that also addresses regulations, best practices, public perceptions, environmental concerns that impact drilling and regional reviews.
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NOTE: This is an extended webcast. Please allow for a brief initial stream time.
In a special extended webcast, IADC managing editor Linda Hsieh tours the recently inaugurated MOSAIC II, Maersk’s offshore simulator training complex in Svendborg, Denmark. The 1,200-square-meter, US $10 million complex features a dome-based drilling simulator that offers a 180
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