Seadrill has received a letter of intent from Statoil for the harsh environment, heavy duty jack-up drilling rig West Epsilon on the Norwegian Continental Shelf. The letter of intent represents a four-year contract with an estimated contract value of approximately US$394 million (which partly is paid in Norwegian kroner and US dollar). Start-up is scheduled [...]

Ecosphere Technologies, Inc., a diversified water engineering and environmental services company, today announced that the U.S. Patent & Trademark Office has issued a formal Notice of Allowance for two of its patents to treat industrial wastewaters and potable waters. Major energy companies fracturing wells in the natural gas industry are successfully using the Ecosphere Ozonix [...]

Nuclear reactor vendors worldwide have to grow their production capacities with joint ventures arrangements and need to bring together know-how of experienced nuclear countries with industrial and human resources of new nuclear countries, according to a Joint Paper of Capgemini and ASSOCHAM.
This is because nuclear plant construction all over the world stands shelved for nearly [...]