Deepwater spend predicted to rise
New research from Douglas-Westwood predicts a global deepwater expenditure of US$ 167 billion between 2010 and 2014 - up 37% on the preceding five years.
Drilling & production - 09 March 2010
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Essar Group acquire US coal miner Trinity Coal
Essar Group, through its subsidiary Essar Minerals, Delaware, has announced an agreement to acquire US coal producer Trinity Coal Partners LLC from energy and commodities-focused fund, Denham Capital, for US$600 million.