10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Shell backs away from Arctic drilling

    28 September 2015

    Shell has discovered traces of oil and gas at its offshore Alaska exploration well, however these are not sufficient to warrant further exploration in the Burger prospect, the company said in a statement on Monday. The company also said it would not be returning to drilling in the Alaskan waters any time soon. According to […]

  • GoM oil firms returning workers to offshore platforms after storm Barry

    16 July 2019

    Anadarko, BP, Shell returning workers to offshore platforms after storm

  • MOG Needs Partner for Maltese Offshore Well

    13 August 2012
    Business & Finance

     Mediterranean Oil & Gas Plc has announced that the Maltese Minister for Resources and Rural Affairs has approved the transfer of the 10% interest Leni Gas and Oil Investments Limited (“LGOI”) held in the Malta Offshore Area 4 PSC to Phoenicia Energy Company Limited (“PECL”), a 100% owned subsidiary of Mediterranean Oil & Gas Plc. […]

  • Interview: Insufficient Finances Blocking Development of LNG Bunkering

    8 December 2015
    Business & Finance

    The LNG shipping market has been faced with lower rates amid growing LNG carrier fleet, a drop in liquid fuel prices and a lower demand for LNG in Asian markets.  On the other hand, lower shipping rates are good news for sellers and end users of LNG, which is becoming ever more popular as an alternative […]

  • Seabubbles wants to make the cities flow again

    31 March 2020
    Innovation, Vessels

    What do cities like London, Paris, Cairo, Rotterdam and Hamburg have in common? They are situated on the banks of a river. The vast majority of cities in the world are connected to large bodies of water. This is not because of the nice views. It is because traditionally water plays a vital role in […]

  • Oil & gas players pursuing electrification in Norwegian Sea to curb emissions

    15 December 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    OKEA and Equinor in collaboration with license partners have set the wheels into motion to electrify the Draugen field and Njord A platforms.

  • First oil flows from subsea tie-back in North Sea

    6 December 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    North Sea-focused Ithaca Energy has started production from a subsea tie-back to its FPF-1 facility located in the UK North Sea.

  • In focus: Europe and United States provide glimpse of sustainable energy mix of the future

    29 July 2022
    Outlook & Strategy, Transition

    As the world struggles to ‘catch its breath’ due to unprecedented heatwaves across the globe – a stark reminder of what the future has in store unless we change our ways – the energy majors find themselves in an urgent need to step up their game and provide climate-friendly and affordable energy solutions to remedy […]

  • INEOS: Windfall taxes and mixed signals from politicians tearing down UK’s oil & gas industry

    29 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    According to INEOS, a combination of windfall taxes and negative signals from politicians are wreaking havoc on the UK’s oil & gas industry.

  • Will unlocking new gas supply enable Australia to steer clear of forecast shortages and push energy transformation forward?

    15 February 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    Australia’s government has been urged to target new gas supply to avoid forecast shortages and ease cost-of-living pressures.

  • GECF explores trends on LNG carriers global market

    7 May 2021
    Market Outlooks, Outlook & Strategy

    The Gas Exporting Countries Forum (GECF) has published an expert commentary showcasing the key factors that will influence the LNG shipping market.

  • Trump looks to Bush-era for new head of U.S. environmental agency

    16 November 2016

    By Valerie Volcovici WASHINGTON (Reuters) – President-elect Donald Trump’s short-list of contenders to head the U.S. Environmental Protection Agency includes two current energy industry lobbyists who held leading roles there under Republican President George W. Bush, according to two sources with knowledge of the list. The potential choices dovetail with Trump’s vow to slash U.S. […]

  • Trump likely to name Exxon CEO secretary of state

    12 December 2016

    By Steve Holland BALTIMORE (Reuters) – U.S. President-elect Donald Trump is expected to name the chief executive of Exxon Mobil Corp as the country’s top diplomat, a source familiar with the situation said on Saturday, an appointment that would put in place an official with close ties to the Russian government. News of Rex Tillerson’s […]

  • Subsea 7 S.A. Fourth Quarter and Full Year 2010 Results Announced (UK)

    23 February 2011
    Business & Finance

      Subsea 7 S.A. (formerly Acergy S.A.) announced results for the fourth quarter and fiscal year 2010. The combination between Acergy S.A. and Subsea 7 Inc. completed on January 7, 2011. Upon completion, Acergy S.A. was renamed Subsea 7 S.A. Jean Cahuzac, Chief Executive Officer, said: “Both Acergy and Subsea 7 delivered strong financial and […]

  • Ofgem OKs transmission investments needed for UK’s 2030 offshore wind target

    30 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    Ofgem has approved the strategic electricity transmission reinforcements required to deliver the UK Government’s 50 GW offshore wind by 2030 target, set out as part of the regulator’s Accelerated Strategic Transmission Investment (ASTI) framework. The decision confirms that all SSEN Transmission projects identified by the Electricity System Operator (ESO) as required to meet 2030 offshore […]

  • Norwegian operator criticised over vaccine mandate plans for offshore workers

    13 January 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Human Capital, Regulation & Policy, Rules & Regulation, Safety

    A Norwegian union representing offshore oil & gas workers has criticised the process to introduce a vaccine mandate.

  • APPEA: More Delay and Uncertainty as Victoria Rebuffs Gas Market Review

    21 November 2013

    Victorian Government decision to ignore Gas Market Review Taskforce advice to take immediate action to facilitate new gas supplies and make the most of eastern Australia’s sizeable natural gas resources creates considerable uncertainty around the entire eastern Australian gas market. APPEA Chief Operating Officer – Eastern Australia, Paul Fennelly said: “The decision taken by the Victorian […]

  • China: Order of up to Ten Innovative Eco Tankers Confirmed

    4 July 2012

    Stena Bulk and Concordia Maritime confirm an order of up to ten innovative, in-house designed chemical tankers. The ships will be built at Guangzhou Shipyard International (GSI) in China with deliveries beginning from spring 2014. When delivered, the 50,000-dwt vessels will be the most sophisticated in the Stena Bulk and Concordia Maritime fleet. The value […]

  • Statoil: Glitne Field No Longer Viable (Norway)

    31 October 2012
    Business & Finance, Operations & Maintenance

    When Glitne came on stream in 2001, the intention was for it to produce for 26 months. Twelve years later its final drops of oil are being extracted and it has now been decided to close the field. Glitne is the story of how important various measures are for extending the lifetime of a field […]

  • India: Ministry to Assist Ports in Combating Oil Spills

    18 November 2013
    Business & Finance

    New central schemes to support State Maritime Boards and the State Governments to combat oil spills, are nearing finalization. Stating this at the 15th Meeting of the Maritime State Development Council at Bengaluru recently, the Union Minister of Shipping Shri G.K. Vasan said that the Ministry will soon issue guidelines to streamline the process of […]

  • US Shippers: Port Congestion-Driven Fees Are Unfair

    15 April 2015
    Business & Finance

    U.S. importers and exporters claim that the demurrage and detention practices of marine terminal operators (MTOs) and vessel-operating common carriers (VOCCs) at the nation’s ports are unfair. According to the US Federal Maritime Commission’s (FMC) latest report certain shippers paid over USD 100,000 in demurrage charges  last year, as compared to paying approximately USD 10,000 for the previous year. The Commission […]

  • Star Bulk Sinks Deeper in Red

    1 July 2015
    Business & Finance

    Dry bulk shipping company Star Bulk posted a net loss of USD 40.2 million in the first quarter of 2015 amid historically low rates in the dry bulk market, widening further the loss reported in the first quarter of 2014 which amounted to USD 0.9 million. Revenues in the first quarter reached USD 45.5m compared to USD 20.1m a […]

  • SH Group Acquires Boat-In-A-Box from Nadiro

    13 January 2014
    Business & Finance

    SH Group, developer and manufacturer of innovative hydraulic and mechanical solutions for the offshore and marine industry, has as of today taken over Nadiro’s davit division, Boat-In-A-Box. SH Group has been co-owner of Nadiro since the beginning of 2009, but has now taken over 100% ownership of the davit division from Nadiro. The company simultaneously […]

  • Shipping industry preps for cross-sector decarbonisation event

    22 July 2021
    Environment, Market Outlooks, Outlook & Strategy, Transition

    Global shipping has announced a cross-industry event, to be held during COP26, bringing together leaders in shipping, energy, politics and finance to discuss maritime decarbonisation efforts.

  • Pioneering Spirit vessel hired to remove Morecambe platforms

    7 January 2021
    Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders, Vessels

    Allseas’ giant heavy lift vessel, the Pioneering Spirit, will remove the DP3 and DP4 platforms from Morecambe Bay off the UK for Spirit Energy.