10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
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  • UK: Aberdeen Harbour Engages in Study into Potential Port Expansion

    12 September 2012
    Business & Finance

    Aberdeen Harbour Board has commenced a major feasibility study into the potential expansion of facilities at the port. Continued growth in traffic and cargos, as well as an increase in the size of the vessels has prompted the study, as projections indicate that Aberdeen Harbour will remain the principal port for the oil and gas […]

  • Total buying Maersk Oil in $7.45 billion deal

    21 August 2017

    French oil giant Total is set to acquire its Danish rival Maersk Oil and Gas for $7.45 billion dollars. Danish Maritime giant Maersk A/S informed on Monday it had entered into an agreement to sell its subsidiary Mærsk Olie og Gas A/S to Total S.A. for $7.45bn in a combined share and debt transaction. This […]

  • Increasing heavy lifting safety while cutting costs

    2 October 2017

    The new product by Green Pin® addresses both challenges. Green Pin® recently introduced the Green Pin Power Sling® Shackle. Green Pin® claims the new shackle lets companies save up to 20% on synthetic- and wire rope costs thanks to its design (for which a patent is pending). The Power Sling® thus addresses the need for […]

  • Rex’s Lime splashes millions on OKEA’s stake in Repsol’s North Sea oil field

    24 September 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Lime Petroleum, a Norwegian subsidiary of Singapore’s Rex International, is expanding its interest in an oil field operated by Repsol Norge, a subsidiary of Spain’s Repsol, in the North Sea off the coast of Norway.

  • UK: New scheme emerges for rapid decarbonisation of oil & gas assets with floating wind and hydrogen

    1 June 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Transition

    A plan to accelerate the decarbonisation of oil & gas assets through a 200-turbine floating wind and hydrogen development has been revealed.

  • One project after another: Wales tidal lagoon 2.0

    25 July 2020
    Authorities & Government, Business Developments & Projects, Infrastructure, Ports & Logistics, Research & Development, Technology

    Not long after Swansea Bay tidal lagoon project officially reached the end of the road, scheme for a new tidal lagoon in Wales rolled out. The company behind the project, Mostyn SeaPower, is planning a £590-million ($750 million) tidal lagoon which clould supply low carbon electricity to power about 82,000 homes in North Wales. The […]

  • Shell flags $15-$22 billion Q2 impairments

    30 June 2020
    Business & Finance, Business Developments & Projects

    The Hague-based LNG giant Shell issued an update on its second-quarter outlook, initially issued in the company’s first-quarter results.

  • Ithaca Energy halves capital expenditure for 2020

    7 April 2020
    Business & Finance, Business Developments & Projects

    Oil and gas company Ithaca Energy has more than halved its capital expenditures for the year due to the double threat posed by the coronavirus pandemic and the sharp oil price drop.

  • Energean moves to buy Edison E&P

    4 July 2019
    Business & Finance

    Energean Oil & Gas has agreed to acquire Edison Exploration & Production from Edison for an initial consideration of $750 million.

  • UK offshore and maritime capabilities showcased at Amsterdam’s Offshore Energy Exhibition & Conference

    1 February 2023
    Authorities & Government, Business & Finance, Collaboration

    Last November, the annual Offshore Energy Exhibition and Conference took place in Amsterdam. The UK’s Department for International Trade (DIT) and wider UK Government partners organised and participated in various activities over the two-day programme, spotlighting the strength of UK offshore energy and maritime capabilities and exchanging perspectives on the industry’s future. Trade mission from […]

  • ‘Outstanding’ drilling results at Serica’s North Sea cluster spur hopes for late June production restart

    22 May 2025
    Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has provided an update on the activities undertaken to bring its floating production storage and offloading unit (FPSO) back online following a shutdown caused by a storm.

  • USA: Superior Energy Services Net Income Reaches USD 93.9 Million

    26 October 2012
    Business & Finance

    Superior Energy Services, Inc. today announced net income of $93.9 million, or $0.59 per diluted share, on revenue of $1,179.7 million for the third quarter of 2012. Non-GAAP adjusted earnings was $95.3 million, or $0.60 per diluted share, which excludes $2.3 million of pre-tax loss on the partial prepayment of the Company’s $300 million 6.875% […]

  • Eco snaps up Tullow’s stake and operatorship in block off Guyana

    10 August 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Tullow Oil has set the wheels in motion to sell its entire interest in Tullow Guyana (TGBV), which includes the Orinduik licence in Guyana.

  • UK firm emerges from Chapter 11 with FPSO deal for giant oil & gas project as ‘one of the key drivers’

    9 January 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    UK-based energy services provider Altera Infrastructure has emerged from Chapter 11 bankruptcy, a few months after filing for it. 

  • MIT: New Design for Nuclear Plants Built on Floating Platforms

    18 April 2014
    Business & Finance

    Jacopo Buongiorno and others at MIT’s Department of Nuclear Science and Engineering are working on a new floating nuclear power plant concept that could provide enhanced safety, easier siting, and centralized construction. When an earthquake and tsunami struck the Fukushima Daiichi nuclear plant complex in 2011, neither the quake nor the inundation caused the ensuing […]

  • DNV Launches ‘Enhancing Offshore Safety and Environmental Performance’ Report

    6 September 2013
    Business & Finance, Research & Development

    In the report entitled ‘Enhancing offshore safety and environmental performance’, DNV suggests six critical levers to provide a more holistic safety framework across the oil and gas industry. CEO Remi Eriksen, DNV Maritime and Oil & Gas, says new regulations, such as the EU directive, mirror society’s zero tolerance for offshore accidents. “The offshore industry […]

  • UK regulator cheers new checkpoint expected to safeguard oil & gas industry future and help usher in net-zero

    21 December 2021
    Authorities & Government, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vision

    The Oil and Gas Authority is supporting the launch of a new climate compatibility checkpoint for the oil and gas industry.

  • New offshore rig services player makes ready for market recovery

    27 January 2017

    A new player in the offshore rig services market has recently emerged in Denmark. The new company, set in the Port of Frederikshavn in the Northern Denmark, was formed by three oil & gas service providers for the oil & gas industry and named OVS Offshore.  Offshore Energy Today has had an interview with Thoke […]

  • Shell gets regulatory approval for UK North Sea gas project

    2 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Rules & Regulation

    Following last year’s rejection, Shell has now received regulatory approvals for the development of the Jackdaw field in the UK North Sea.

  • Lessons learned from near-miss fatality during crane ops for decom work in U.S.

    11 April 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Human Capital, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    The U.S. Bureau of Safety and Environmental Enforcement (BSEE) has come up with recommendations after looking into a near-miss fatality.

  • UK government backs plans for subsea engineering hub in Aberdeen

    3 May 2019
    Equipment

    The UK government is backing industry plans for a multi-million pound underwater engineering hub in Aberdeen.

  • Shell takes over operatorship, makes FID to develop Arran field

    10 October 2018
    Project & Tenders

    Shell has taken over operatorship of the Arran field in the UK North Sea and made the final investment decision to develop the field.

  • Harland and Wolff

    28 June 2013

    Harland and Wolff Heavy Industries Ltd. in Belfast, a Fred. Olsen related company specialising in shipbuilding and offshore construction, recently completed a contract to build the world’s first commercial offshore suction Bucket Foundations. Three Bucket Foundations have left the Harland and Wolff fabrication yard in the past months on board the Fred. Olsen Windcarrier vessel […]

  • Best of 2016

    2 January 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News brings you the most popular articles from 2016. The Best of 2016 represents the readers’ choice, based on the monthly statistics and general interest in the articles. The most read articles of 2016 were: Allseas’ single-lift installation/decommissioning and pipelay vessel ‘Pioneering Spirit’ has executed its maiden heavy lift project, removal of the […]

  • Vale Dam Collapse and Impact on Shipping

    28 January 2019
    Business & Finance

    The impact on the bulk market is first of all uncertainty.