10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Balmoral Group buys stake in Ace Winches

    20 September 2017
    Business & Finance

    Design, engineering, and manufacturing company Balmoral Group has taken a substantial stake in hydraulic winches manufacturer ACE Winches by investing £10 million ($13.5M) in the Turriff-based company. ACE Winches said on Monday that the investment would strengthen and grow the company’s position as a provider of mooring, lifting, pulling, and deploying solutions provider in more […]

  • Sierra Leone Deregisters Nine Iranian Vessels

    11 September 2012

    Having carried out a relevant investigation Sierra Leone decided to deregister nine ships which have been proven to belong to the Islamic Republic of Iran Shipping Lines (IRISL), acting in line with the intention of the Western powers to curb Iran’s global oil shipping amid Teheran’s nuclear program. “The vessels were deleted as a result […]

  • Wight Shipyard Boss Joins AMC as Stakeholder

    11 September 2017
    Business & Finance

    Peter Morton of Wight Shipyard Co (WSC) has bought a stake in Aluminium Marine Consultants (AMC) and has taken his place on the board, AMC informed today, 11 September. 

  • Rosneft pays $7B part of TNK-BP Loan

    22 December 2014

    Russian oil company Rosneft has repaid part of a loan taken to pay for the acquisition of TNK-BP. Rosneft has said that on Monday, December 22, it paid around $7 billion to lenders. According to the company, the overall amount paid throughout the year totaled $24 billion, in full accordance with the credit agreement. Rosneft in 2012 […]

  • Hornsea Project 2 Moves Through the System

    30 March 2016
    Authorities & Government

    On 16 March, the UK Planning Inspectorate (PINS) submitted a recommendation report on Hornsea Project Two to Energy Secretary Amber Rudd, who requested comments from Natural England and the Joint Nature Conservation Committee (JNCC) yesterday. After receiving findings and conclusions on the application from the PINS, the Energy Secretary has three months to make a decision on the application. Since […]

  • Germany: Mobil Industrial Lubricants Becomes HUSUM WindEnergy’s Diamond Sponsor

    1 August 2012

    Mobil Industrial Lubricants, ExxonMobil’s leading international brand of lubricants for the wind energy sector has been announced as HUSUM WindEnergy 2012 trade fair’s Diamond sponsor. This is the second time that the industrial lubricant supplier has taken the lead sponsorship of the event, signifying its commitment to helping to facilitate best practice in the industry. […]

  • Karoon Gas Updates on Boreas-1 Drilling (Australia)

    27 September 2012

    Karoon announced that wireline logging and data gathering operations continue and preparations are being finalised to undertake production testing on the Boreas- 1 exploration well in the Browse Basin. Petrophysical interpretation of the data retrieved to date indicates the presence of net pay gas sands with good reservoir properties. This is further confirmed by wireline […]

  • The Netherlands: Work in Progress on Maasvlakte 2 Quay

    1 December 2010

    The contractor is currently working on the deepsea quay wall of the container terminal for Rotterdam World Gateway (RWG) over a length of 1 km. The construction process has taken the form of a ‘train’: at the front of the ‘train’, builders start by digging a slot, while at the other end, the bollards are […]

  • Phase Two of South Beach Work Begins

    13 May 2015
    Business & Finance

    Coast protection work has begun which will protect and enhance the Children’s Corner area of the south beach at Lowestoft. The work, which started yesterday, will include protection measures against high erosion pressure, restored beach access and installation of a promenade guard-rail. This is the second part of a two-phase scheme funded by a £2.9m […]

  • MacGregor Electric Mooring Systems for Mermaid’s Tender Rigs

    14 October 2014
    Business & Finance, Equipment

    MacGregor, part of Cargotec, has won new contracts that will see electrically-driven versions of its mooring systems fitted to two new tender assist drilling rigs for Thailand-based Mermaid Maritime Public Company Limited. The Self-Erected Drilling Tender (Hull No. CMHI (JS)-151-1 and Hull No. CMHI (JS)-151-2) are under construction at China Merchants Heavy Industry (Jiangsu) Co […]

  • First Ship from Panamax Quartet Joins Navios Containers

    27 November 2017
    Business & Finance

    Monaco-based container shipping company Navios Maritime Containers has taken delivery of APL Denver, the first of four 2008-built Panamax boxships it agreed to buy. As informed, the remaining three vessels are expected to be delivered by mid-December. APL Denver was previously owned by Germany-based Hanseatic Lloyd KG, VesselsValue’s data shows. Apart from APL Denver, Hanseatic […]

  • MMO: Corallina Dredging Monitoring Protocol Update (UK)

    7 October 2013
    Business & Finance

    During the application process for the Hinkley jetty dredge licence, a condition requiring a dredging monitoring protocol to protect Corallina from the impacts of sedimentation was recommended. Prior to undertaking any dredging activity authorised by this Licence: – a plan for monitoring baseline levels of sedimentation in the vicinity of Corallina swards shall be submitted […]

  • Moody’s: German Shipping Lenders Face Squeeze on Profits

    7 June 2017
    Business & Finance

    Albeit early signs of recovery became visible during the first months of 2017, the shipping industry’s protracted slowdown will continue to exert pressure on German ship lenders’ profitability. In its latest report, Moody’s rating agency informed that the five biggest German ship lenders reported outstanding ship-related loans of EUR 59 billion at the end of 2016, […]

  • CMA CGM welcomes newest energy-efficient 5,500 TEU containership

    6 December 2024
    Vessels

    French shipping major CMA CGM has taken delivery of its latest eco-friendly 5,500 TEU containership from Beihai Shipbuilding, a part of China State Shipbuilding Corporation (CSSC).

  • Malaysia and China fostering oil & gas and LNG collaboration

    15 November 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Two state-owned companies, Malaysia’s Petronas and China’s China National Petroleum Corporation (CNPC), have signed a memorandum of understanding (MoU) for strategic cooperation in the oil and gas and liquefied natural gas (LNG) arena.

  • Offshore Wind in Spotlight of Van Oord’s Success

    24 April 2015
    Business & Finance

    Van Oord has published its annual report for 2014, which was an exceptional year for the company, according to CEO Pieter Van Oord. Van Oord said: “The year was special because for the first time in our history, our turnover broke the two billion euro barrier. It was also special because we achieved a breakthrough in […]

  • Brazil: Oil Slick near Frade Field 3.8 km Long

    27 November 2011

    Brazil’s Agencia Nacional do Petroleo on Thursday , November 24, carried out an overflight with Navy helicopter to inspect the oil slick near the Chevron operated Frade offshore oil field. The agency said on its website that the slick has decreased in size and that it continues to move away from the coast. From visual […]

  • Golar enters preliminary deal to provide FLNG for BP’s West African project

    20 April 2018
    Project & Tenders

    The Bermuda-based LNG shipping giant Golar LNG said on Thursday that it has entered into a preliminary deal with units of BP in Mauritania and Senegal for the provision of a floating LNG producing unit. Golar said in a statement it exchanged heads of terms for a charter deal with BP Mauritania Investments and BP […]

  • Yuexin Completes Martens’ Third AHTS Vessel

    11 April 2013

    Guangdong Yuexin Ocean Engineering Co., Ltd. today delivered the third E 65T Series vessel to Martens Marine. SMS ENDEAVOUR is an Anchor Handling Towing Supply (AHTS) Vessel intended for operations in the shallow waters of Asia, West Africa, and Middle East. SMS ENDEAVOUR is built to ABS Class, and includes the notations: A1? “OFFSHORE SUPPORT VESSEL, AH, […]

  • Japan: Silent Naming and Delivering Ceremony of Second Ecoship

    11 April 2011

      On March 29, 2011, 2,000 unit type pure car carrier S495 was named and delivered. She is the second and the last of 2-ship series of Kyokuyo’s self-developed eco-friendly ship with a semi-spherically shaped bow that reduces the wind resistance. Featured in TV and newspapers, the sisters are perhaps the most famous of the […]

  • Fibre-Optic Data Cable to Run Alongside COBRAcable

    22 September 2016
    Storage

    TenneT and its Danish counterpart Energinet.dk will install a fibre-optic data link alongside the COBRAcable interconnector itself, in order to exchange the necessary information about the interconnection. In future, the fibre-optic link can also be used to connect offshore wind farms to the telecommunications network as the data cable’s remaining capacity will be made available to the market. […]

  • Rig delays for Songa Offshore

    26 May 2014
    Business & Finance

    Songa Offshore SE reports operating revenue for the fourth quarter of USD 154.7 million and an EBITDA of USD 65.3 million. Net profit for the quarter was USD 1.4 million including the recognition of an impairment charge for Songa Mercur and Songa Venus of USD 24.7 million in the quarter corresponding to the rigs’ EBITDA […]

  • Total’s CEO Co-Chairs the 44th World Economic Forum in Davos

    22 January 2014

    More than 1,500 business leaders and 50 heads of state or government will convene at the 44th World Economic Forum, which begins on Wednesday in Davos, Switzerland. This year, the Annual Meeting will be co-chaired by Total’s Chairman and CEO, Christophe de Margerie, and six other influential business leaders, including Marissa Mayer, CEO of Yahoo!, […]

  • Wintershall finds oil in Norwegian Sea

    28 April 2015
    Exploration & Production

    Wintershall Norge AS, operator of production licence 589, is about to complete drilling of wildcat well 6406/2-8, in the Norwegian Sea. The well proved oil. The well was drilled about 20 kilometres south of the Kristin field in the Norwegian Sea and 190 kilometres northwest of Kristiansund. The objective of the well was to prove […]

  • MSI Completes Metocean Project for Total Off Congo

    9 January 2013
    Business & Finance, Equipment

    Metocean Services International (Pty) Ltd announced that it has successfully completed a 12 month metocean measurement project for Total E&P Congo (Total) in the Moho-Nord Field offshore Congo, in approximately 820m water depth. The objective of the programme was to provide Total E&P Congo with a reliable metocean data base so as to facilitate safe […]