Search results for: 5m

200985 results

A list of search results

  • 20 February 2006

    Dredging a large area off the Norfolk coast has lowered the seabed by five metres in the last few years, a new report has revealed.

  • 5 December 2013
    Business & Finance

    Statoil has awarded a two year option on the frame agreement for maintenance and modifications (M&M) related to the Kvitebjørn platform in the North Sea to Apply. The Contract has a value of million NOK 300 ($48.5 million). “The contract secures continuity for Apply within maintenance and modifications offshore and represents an important foundation for […]

  • 22 January 2015

    Brazil’s Petrobras has informed the company is saving $5 million per well by replacing drillships with technology adapted for pre-salt depths. This technique allows it to cut ocean descent times. At the end of last year, Petrobras deployed its first wet Christmas tree (equipment installed on a wellhead, composed of a set of remotely operated valves […]

  • 3 August 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid Maritime’s Singapore wholly-owned subsidiary has recently been awarded a subsea contract with an estimated value of $5 million. The work is scheduled to start in the third quarter of 2017 and to be completed in the fourth quarter of 2017. The project will involve use of a company-owned ROV support vessel and a chartered-in […]

  • 30 August 2007

    A Royal Fleet Auxiliary ship is undergoing £5m refit in Cornwall. A&P ship repairers won the contract to refit the Black Rover, one of two tankers supporting the Royal Navy, at Falmouth Docks.

  • 27 October 2015
    Business & Finance

    EPA joined state and local dignitaries yesterday to announce $5 million in federal funding to continue efforts of the Southeast New England Program for Coastal Watershed Restoration. The program brings together innovation and partnerships to apply an ecosystem approach to protecting and restoring the coastal watersheds of southeast New England from Westerly, R.I. to Chatham, […]

  • 18 May 2020
    Business & Finance, Equipment, Infrastructure, Research & Development, Technology, Transition

    UK clean energy technology innovator Enertechnos said it has raised £5 million in a Series A funding round. The round secured further 30 per cent backing by existing investors. The remainder were provided by individual investors, including energy and engineering specialists alongside former cabinet and environment minister Virginia Bottomley. The company said it will use […]

  • 9 January 2017
    Business & Finance, Research & Development, Technology

    Carnegie Clean Energy has received firm commitments for a Au$5 million ($3.6 million) capital raise via the issue of 8 cent per share convertible notes under a three-year term.

  • 25 July 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Atlantis Resources has closed the fully subscribed ocean energy bond offer raising the target amount of £5 million less than one month after its launch.

  • 10 December 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Xodus Group has won several vibration contracts bringing the total value for this year to £5 million (approx. $7.5 million). Managed through its vibration specialists in the UK and the UAE, the projects involve identifying and reducing vibration in global oil and gas assets, a significant challenge for oil and gas operators that can lead to […]

  • 2 February 2018
    Business & Finance, Equipment, Research & Development

    Edinburgh-based tidal energy developer Atlantis Resources has launched a proposed five-year bond with maturity in 2023 through Abundance Investment Limited. The bond has a coupon of 8%, payable semi-annually. The bond offer seeks to raise a minimum of £2 million and a maximum of £5 million, and is expected to close in Q1 2018. The […]

  • 11 February 2014
    Business & Finance

    FAR Ltd has received $5 million from Capricorn Senegal Ltd, a subsidiary of Cairn Energy, in relation to its Senegal Farm-out deal (following final approvals from the Senegal government). FAR will be drilling two back to back wells in Senegal the first of which is expected to spud in Q1 2014. The receipt of the […]

  • 29 March 2019
    Business & Finance, Technology

    SIMEC Atlantis Energy has raised £5 million in a share placing and subscription to help fund its acquisition of SIMEC Green Highland Renewables (GHR). On Thursday, the company said it would issue around 31,250,000 new ordinary shares at 16 pence per share on the PrimaryBid platform. The placing price was set at a discount of […]

  • 7 May 2018
    Business & Finance

    Maryland County Executive Steve Schuh, along with Delegate Seth Howard, last week highlighted Anne Arundel’s recently proposed $5 million waterway dredging program and announced a $690,000 joint State/County effort to dredge Rockhold Creek in Deale.   “Our waterways are the life blood of our County,” said Schuh. “Our enhanced dredging program will ensure our wetlands remain […]

  • 11 March 2020
    Business & Finance

    Alternative lender ThinCats has provided a £5.25 million funding facility for Peterhead-based Maritime Developments Limited (MDL). The funding will be used to refinance existing loans and create additional working capital to support MDL in its long-term development plans. The funding represents the largest deal to date for ThinCats in Scotland. The ThinCats team was led […]

  • 15 June 2017
    Business & Finance, Research & Development, Technology

    Edinburgh-based tidal energy developer Atlantis Resources is preparing to launch a bond offer at the end of June to raise funds for the growth of its business.

  • 20 December 2016
    Authorities & Government, Business & Finance, Research & Development, Technology

    Europe will contribute €5.6 million to the MET-CERTIFIED project to accelerate the deployment of marine energy projects through its Interreg 2 Seas Programme.

  • 22 November 2011
    Authorities & Government, Business & Finance

    In the UK Renewables Roadmap published in July, DECC announced funding of up to £30m – subject to value for money assessments – for offshore wind innovation. DECC expects to fund two schemes under this programme, one of which is the Offshore Wind Component Technologies Development and Demonstration scheme. DECC has provisionally allocated £15m to […]

  • 10 May 2011

      Red7Marine’s newly-acquired offshore support vessel DP Reel has sailed into Great Yarmouth port to mark a milestone moment for the rapidly growing company. The £5m investment means the highly versatile vessel will be available to support work for clients in the renewable energy and oil & gas sectors. It comes less than three years […]

  • 28 June 2011

    South Boats Special Projects Ltd. and P&O Maritime Ltd. announce that the two companies have signed a contract for the construction of 2 x Incat Crowther designed 17.5m Wind Farm Service Vessels withoptions for further vessels. The two vessels will be built under survey to Lloyds classification at the company’s new East Cowes facility on […]

  • 31 August 2011
    Authorities & Government

      A £6.5 million investment to deliver a new generation of engineering leaders in renewable energy was announced today by the Business Secretary Vince Cable. Leading universities and industry will provide training for up to 50 of the best engineering students as part of a new Industrial Doctorate Centre in Offshore Renewable Energy (IDCORE). Working […]

  • 30 March 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has secured four new North Sea contracts in the first quarter of 2017 with a combined revenue of approximately £5.5 million. The work includes a new contract for Exceed’s Performance Improvement division, a well management project and two engineering studies. This will result in a minimum […]