10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Bourbon Oceanteam 104 MPSV to Get New Name at Keppel Shipyard, Singapore

    16 June 2011
    Business & Finance

    Bourbon Oceanteam 104 multi purpose support vessel will Friday June 17th change name into “Southern Ocean.”  SALT/ TS Marine have the vessel on a bareboat contract from the owner company OB 4 AS and has appointed Bourbon Offshore Norway as ship manager. The decision of name change was taken upon start of bareboat contract but […]

  • Deep Sea Supply Takes Over PSV ‘Sea Spider’ (China)

    27 January 2014
    Business & Finance

    Deep Sea Supply today has taken delivery of the Platform Supply Vessel “Sea Spider” of PX 105 design from Sinopacific Shipyard. The vessel is owned by a company which is 50% owned by Deep Sea Supply and 50% by BTG Pactual. The vessel’s main characteristics are the size of 4700 dwt, 1000 m2 deck area, […]

  • Petrobras hits new production record

    24 December 2014
    Exploration & Production, Project & Tenders

    Brazil’s Petrobras has reached, on December 21st, “a new historical record” of daily oil and NGL production, producing 2 million 286 thousand barrels. Produced volume does not take into account the share of partners, and broke the previous record of 2 million 257 thousand barrels from December 27th, 2010. Petrobras has also broken, on December […]

  • Well incident on Songa rig could have been fatal, Statoil says

    20 January 2017
    Exploration & Production

    Statoil has completed investigations of a well control incident on the offshore Troll field and a hydrogen leak at Mongstad, and revealed that the Troll incident could have been fatal.  On October 15, 2016, a serious well control incident occurred off Norway on a drilling rig Songa Endurance, while it was working at Troll field, prompting […]

  • Offshore Drilling Facing Soft Market Conditions

    25 September 2014
    Business & Finance

    Five-year credit default swaps (CDS) for offshore drilling companies in North America have widened 46% over the past month and 20% over the last week, underperforming other sectors in the region, according to Fitch Solutions. New York-based rating agency Fitch Ratings said that CDS have likely widened partly in response to the recent Noble Corporation […]

  • HMS Protector Helps Salvage Experts Study in St Helena

    19 October 2012
    Business & Finance

    Survey ship HMS Protector produced stunning sonar imagery of the wreck of a wartime tanker to help salvage experts study the state of it. Unmistakeably broken in two, these are the upturned remains of a Royal Navy tanker seen as never before after seven decades on the Atlantic seabed. This is the wreck of RFA […]

  • Developing sustainable dredging solutions

    27 April 2021
    Equipment, Technology

    Transition to zero emission carbon-neutral vessels is a challenge for the maritime sector – this is especially the case for dredging vessels, which need to be capable of operating under heavy conditions and have projects around the world. For these vessels, autonomy and fuel logistics are particularly challenging, especially when alternative fuels with a lower […]

  • Wood Mackenzie: Delays to Panama Canal Expansion Pose Global Trade Risks

    25 February 2014
    Business & Finance

    Wood Mackenzie expects the recent cost overrun disputes around the Panama Canal expansion to be resolved with limited disruption due to the significance of the Canal to global trade. Significant disruptions will crimp profitability for US LNG producers, create a tighter LNG shipping market and affect the US Gulf Coast petrochemical industry. “Given the enormous […]

  • BP, Equinor and TotalEnergies pick 9 contractors for UK’s two ‘vital’ decarbonization projects

    15 March 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Storage, Transition, Vision

    BP, Equinor and TotalEnergies have selected nine contractors for engineering, procurement, and construction contracts, with a combined value of around £4 billion, for two projects being developed in Teesside that are said to be vital for the UK’s decarbonization journey. Net Zero Teesside Power (NZT Power), a joint venture of BP and Equinor, and the […]

  • Russia’s war in Ukraine will not hinder Europe’s energy transition, DNV says

    6 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    DNV has revealed within its new analysis that the Ukraine crisis will not derail Europe’s energy transition, as it is expected to speed it up.

  • NOAA Unveils Images of SS City of Rio de Janeiro Shipwreck

    11 December 2014

    NOAA and partners released three-dimensional sonar maps and images of an immigrant steamship lost more than 100 years ago in what many consider the worst maritime disaster in San Francisco history. On Feb. 22, the SS City of Rio de Janeiro struck jagged rocks near the Golden Gate Bridge and sank almost immediately, killing 128 […]

  • TenneT: Electricity Prices Decline in Netherlands, Germany

    7 May 2015
    Business & Finance

    In 2014, the average price for a megawatt hour of electricity in the Netherlands amounted to 41 euros, down more than 20 percent from 52 euros in 2013, TenneT reported.  These developments mean that market prices in the Netherlands and Germany are gradually converging. Whereas prices were equal in both countries for 19 percent of […]

  • Construction of Wasaline’s new Clean Design RoPax ferry on track

    8 May 2020
    Vessels

    Despite the exceptional circumstances due to the coronavirus pandemic, the construction of the Aurora Botnia, Wasaline’s new car and passenger ferry, is progressing according to schedule, the company said in a recent update.   The ship is being built by Finnish shipbuilder Rauma Marine Construction and is scheduled for delivery in spring 2021. The RoPax […]

  • Knutsen takes delivery of first of 10 LNG carriers for charter to QatarEnergy

    26 June 2025
    Business Developments & Projects, Infrastructure, Vessels

    Knutsen LNG France, a subsidiary of Norwegian shipping company Knutsen, has taken over a liquefied natural gas (LNG) carrier from South Korea’s HD Hyundai Samho Industries to deliver it to its new charterer, QatarEnergy.

  • Four Car Carriers Hit with USD 486 Mn Cartel Fine

    21 February 2018
    Business & Finance, Rules & Regulation

    CSAV, “K” Line, MOL, NYK, and WWL-EUKOR involved in a car transport cartel, EC finds.

  • Oceanographer Pisias Honored by US Navy and AGU

    10 January 2019
    Business & Finance, Equipment, Research & Development

    Dr. Nicklas Pisias has received the Maurice Ewing Medal, sponsored jointly by the U.S. Navy and the American Geophysical Union (AGU), for his work in the establishment of a new scientific field.  Pisias, a professor emeritus at Oregon State University, accepted the award at the AGU Fall Meeting in December 2018. Named after Dr. Maurice Ewing, […]

  • IMCA Names New President

    27 July 2015
    Business & Finance

    Bruno Faure, Group Senior Vice President Subsea Projects and Operations at Technip, has taken over the role of President of the International Marine Contractors Association (IMCA), the association representing the interests of over a thousand offshore, marine and underwater engineering companies in more than 60 countries. In addition to becoming President of IMCA, having served […]

  • Maritime Organizations Propose Repeal of Consortia Block Exemption Regulation

    20 February 2019

    The EC should repeal the BER unless a revised regulatory framework clarifying the current regulation is adopted.

  • Clarksons: The Changing Nature of Orderbook

    14 September 2017
    Business & Finance

    A substantial decline in size of the orderbook left many yards struggling to secure contracts as state-backed entities received the majority od orders. While the number of yards accounting for the first 25% of the orderbook has remained steady over the last decade, as of start September 2017, 50% was on order at 24 yards, […]

  • J. Lauritzen Delivers Loss, Prepares for Market Recovery

    23 February 2018
    Business & Finance

    J. Lauritzen is ready for a market recovery on the back of its refinancing and recapitalization in 2017.

  • Russia: First Stage of Ambitious Zvezda Shipbuilding Project Nears Completion

    17 October 2012

    The United Shipbuilding Corporation (USC) represented by the Far Eastern Shipbuilding and Ship Repair Center (FESRC) is building a new modern shipyard in Bolshoi Kamen, first shipbuilding yard in Primorsky region. The first stage of this ambitious project is almost complete. The commissioning of hull fabrication workshop and painting workshops will enable to produce ship […]

  • Statoil suspends another rig on ‘overcapacity’

    17 September 2014
    Equipment

    Norwegian oil giant Statoil will lay up the COSL Pioneer semi-submersible drilling rig in the fourth quarter of 2014, “due to overcapacity in our rig portfolio.”

  • Romania: BSOG to sell Midia field gas to Engie

    20 November 2018
    Business & Finance

    Romanian oil and gas operator Black Sea Oil & Gas SRL has with its partners signed a deal to sell gas from a Romanian Black Sea project to Engie.

  • Challenging time ahead for Vallourec

    11 June 2014
    Business & Finance, Equipment, Project & Tenders

    Vallourec, a provider of premium tubular solutions, has announced an update of its 2014 guidance, following a significant temporary reduction in demand for its Oil & Gas operations in Brazil and in EAMEA. In Brazil, Petrobras has decided to eliminate most of its tube inventories by year end, while maintaining its drilling plans. This will be […]

  • Canada’s LNG industry has its market place, report says

    14 October 2016

    Prices of liquefied natural gas prices are expected to remain weak until the end of the decade, however, Canadian LNG projects could find their place on the market in the long term.