10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Evergreen, Others Excluded from Norwegian Fund over Beaching

    17 January 2018
    Business & Finance, Rules & Regulation

    Shipping majors have been excluded from the Norwegian Government Pension Fund Global (GPFG) for beaching ships.

  • Corps to Host Meeting on Sheyenne River Flood Risk Management Study (USA)

    27 December 2012
    Business & Finance

    The U.S. Army Corps of Engineers, St. Paul District, along with Valley City, N.D., will hold a public meeting to provide a status update to the public to the Valley City Sheyenne River Flood Risk Management Feasibility study Jan. 10, 2013. The study is a cost shared effort between the Corps and Valley City to […]

  • Finder Energy adds new license to UK North Sea portfolio

    7 July 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Perth-based Finder Energy has bought another UK North Sea license from Azinor Catalyst Limited – the highly prospective P2317 license named Goose.

  • France: Damen Shiprepair Brest Appoints New Managing Director

    29 June 2012

    As of mid July 2012, Mr Jos Goris will actively take up the post of managing director for Damen Shiprepair Brest (DSB). Mr Goris succeeds Mr André Hollander, who managed the yard (formerly known as Sobrena) from the moment Damen Shipyards Group took over its operations three months ago. He will remain at DSB as […]

  • North Yorkshire Presses Ahead with Work to Mitigate Flood Risks

    3 June 2019
    Business & Finance

    As the Environment Agency launches a consultation on its draft flood and coastal erosion risk management strategy for England, the North Yorkshire County Council is now pressing ahead in its commitment to mitigate flood risks. The EA’s draft strategy sets out a vision for “a nation ready for, and resilient to, flooding and coastal change […]

  • Norway’s oil output continues to shrink

    21 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    While Norway recorded a slight increase in gas production in June 2022, the oil output fell yet again behind the NPD’s predictions.

  • Another Successful Flow Test Offshore Mozambique

    4 May 2012

    Cove Energy plc, together with operator Anadarko Petroleum Corporation, today provided the results of its second flow test of the Barquentine-1 well at the northern end of the Prosperidade gas complex in the Rovuma Basin Area 1 block, Offshore Mozambique. Testing of the Barquentine-1 well flowed gas at an equipment constrained rate of approximately 100 […]

  • GAS Act in the spotlight of Congressional Hearing on U.S. Merchant Marine

    12 September 2014

    Chairman Duncan Hunter and Ranking Member John Garamendi held a hearing of the House Committee on Transportation and Infrastructure’s Subcommittee on the Coast Guard and Maritime Transportation on “The status of the Merchant Marine.” The hearing focused attention on H.R. 5270, the bipartisan Growing American Shipping Act or GAS Act, which would promote the export […]

  • Aquatic Launches New Modular Carousel System

    4 October 2013
    Business & Finance, Equipment

    Aquatic Engineering & Construction Ltd, an Acteon company, has unveiled its 1500 te carousel (AQCS‐01‐1500) a powerful, modular drive system representing a significant capability extension for customers requiring installation or replacement of flexibles, umbilicals, power and telecommunication cables and wire rope products. Installation in deeper water(s) has become a recent trend in the subsea market, […]

  • Greenpeace Ship Detained in Spain

    19 November 2014

    The Greenpeace ship Arctic Sunrise has been detained by Spanish authorities in the port of Arrecife, Lanzarote, following last Saturday’s protest against oil drilling by Repsol in the Canary Islands. On November 15, inflatable boats from the Arctic Sunrise approached the oil drilling ship Rowan Renaissance to protest against plans by Repsol to drill for […]

  • TX Coastal Conservation Association Supports Dagger Island Project

    9 July 2019
    Business & Finance

    Coastal Conservation Association Texas and the Building Conservation Trust have committed $250,000 to support efforts by the Texas Parks and Wildlife Department and Ducks Unlimited (DU) to restore Dagger Island and protect important seagrass beds in Redfish Bay, Texas. Commenting the latest news, DU Director of Development Matt Bunn, said: “Partners like CCA and BCT […]

  • First Quarter 2011 Results For CGGVeritas (France)

    4 May 2011
    Business & Finance

    CGGVeritas announced its non-audited first quarter 2011 consolidated results. All comparisons are made on a year-on-year basis unless stated otherwise. All fourth quarter 2010 results are reported before restructuring and impairment. Group Revenue was $728m, up 5% year-on-year and down 20% sequentially following a particularly strong fourth quarter. Seasonally low Multi-client sales and low fleet […]

  • Japan: MOL Conducts Tabletop Drill on Collision Involving Container Vessel

    17 May 2013
    Business & Finance

    Mitsui O.S.K. Lines, Ltd. today announced the completion of a tabletop drill done in cooperation with the 5th Regional Coast Guard Headquarters. The scenario entailed a containership operated by MOL Liner Division (Hong Kong) and managed by an MOL Group ship management company (Hong Kong) colliding with a coastal freighter in Osaka Bay, Japan. The […]

  • Cove Energy Starts 3D Seismic Acquisition Offshore Kenya

    18 November 2011
    Business & Finance, Operations & Maintenance

    Cove Energy plc , the AIM quoted upstream oil and gas company focused on East Africa, through its wholly owned subsidiary, Cove Energy Kenya Limited announces that 3D seismic acquisition has commenced in offshore Kenya licence areas L10A and L10B. After completion of the 3D survey, the vessel will be reconfigured and will commence 2D […]

  • Maersk’s Outlook Changed from Positive to Stable

    18 February 2016
    Business & Finance

    Denmark-based shipping and oil company A.P. Møller-Mærsk had its outlook changed from positive to stable on the Baa1 issuer rating and Baa1 senior unsecured ratings, according to Moody’s rating agency. “Our decision to change the outlook to stable from positive primarily reflects the challenging market conditions affecting most of Maersk’s business units, particularly its two largest, Maersk Line […]

  • Namibia: Polarcus Nadia to Conduct 3D Survey in Serica’s Luderitz Basin Blocks

    15 March 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Serica Energy plc announces that, it has signed a contract with Polarcus Seismic Limited utilising the 10-streamer vessel Polarcus Nadia for an extensive 3D seismic acquisition survey in Serica’s Luderitz Basin Blocks 2512A, 2513A, 2513B and 2612A (part), located offshore Namibia. The survey, planned to commence in early April and cover an area of up […]

  • Plexus Nets Total Contract in North Sea

    15 June 2015
    Equipment, Project & Tenders

    Plexus has secured a £3.3 million contract with Total E&P Norge AS, to supply its POS-GRIP wellhead systems, associated equipment and mudline services for Total’s Ultra High Pressure/High Temperature (‘X-HP/HT’) Solaris gas exploration well in the Graben area of the North Sea, offshore Norway.   Revenues for the contract are scheduled to start in October 2015. […]

  • Norwegian oil output in November over 13 pct higher than NPD’s forecast

    12 December 2019

    Norwegian oil production during November 2019 was significantly higher than the Norwegian Petroleum Directorate predicted, according to the directorate’s report on Thursday. 

  • Senators Concerned About Reported Cuts to Great Lakes Restoration

    14 March 2017
    Business & Finance

    U.S. Senator Joe Donnelly, along with a bipartisan group of senators, sent a letter to Environmental Protection Agency Administrator Scott Pruitt expressing concern about reports that the Trump Administration’s 2018 budget request will include a 97 percent cut to the Great Lakes Restoration Initiative. The senators wrote, in part: “As members of the Senate Great […]

  • Hoegh LNG logs quarterly net loss

    28 May 2020
    Business & Finance, Business Developments & Projects

    Norway-based Hoegh LNG recorded a net loss in the first quarter saying it had a limited impact on its operations from the Covid-19 coronavirus pandemic. Höegh LNG posted a net loss of $1 million for the first quarter this year, compared to a profit of 4.5 million in the same quarter a year ago and […]

  • Awilco LNG’s freight income down YoY

    17 November 2015

    Oslo-based LNG shipping company Awilco LNG reported third-quarter freight income of US$8.3 million, down from $20.8 million in the same quarter a year ago. In the first nine months of this year, Awilco LNG’s freight income was at $27.7 million, as compared to $60.8 million in the same period in 2014. However, the company’s freight […]

  • Awilco LNG posts lower freight income in Q2

    27 August 2015
    Vessels

    Oslo-based Awilco LNG, owner of five LNG tankers, reported a freight income for the second quarter of US$7.3 million, down from US$12.1 in the previous quarter. The decrease was due to lower utilisation and rates for both WilGas and WilPride, according to Awilco LNG’s half-year report. Fleet utilisation for the quarter ended at 34 percent (trading […]

  • Drewry: Oversupply to Put More Pressure on Chemical Shipping Rates

    8 August 2017
    Business & Finance

    The shipping fleet trading in chemical and vegoil markets is set to accelerate at a much faster pace than demand, weakening earning prospects, shipping consultancy Drewry said. Tonne-mile demand is expected to grow at 2.9% in 2017, and the fleet trading in chemicals/vegoils will expand by 9.5% by the end of this year, representing the […]

  • USA: Marysville Ring Levee Project Moves Forward

    11 December 2012

    After two full years of construction, phase one of the Marysville Ring Levee Project has drawn to a close with 4,600 linear feet of deep-soil-mixed cutoff wall installed – the first milestone in a four-phase project to reduce Marysville’s flood risk. “All major structural improvements for this stretch of levee are complete,” said Mark Ellis, […]

  • Containership and Drybulk Markets Depressed

    8 August 2014
    Business & Finance

    During the first half and during the month of July of 2014, the drybulk market weakened significantly against expectations widely held in the industry while the containership market remained static at low levels, Aristides Pittas, Chairman and CEO of Euroseas, shipowner and operator said, commenting first half results. “Despite these developments, we continue to believe […]