10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • TGS to cut 10% of its global workforce

    13 April 2015

    TGS-Nopec, a Norwegian seismic surveyor, today will lay off over 10 percent of its global workforce, citing deteriorating demand for its services. This means that around 100 workers can expect to be laid off. Announcing its cost reduction program, the company has said today it now expects to see a 23 percent drop in revenue for […]

  • UK Government Jeopardising Energy Security, Ewing Says

    24 November 2015
    Authorities & Government

    Scotland’s Energy Minister Fergus Ewing has accused UK Government of failing to meet its objectives and jeopardising energy security. While attending the International Tidal Energy Summit in London, Ewing described UK energy policy as “inconsistent, incoherent and ineffectual”. Ewing said: “Last week the UK Government made a ‘dash for gas’ to replace the UK’s ageing nuclear and […]

  • Record Number of Applications in UK North Sea Licensing Round

    23 May 2012

    The latest North Sea licensing round for oil and gas drilling has broken all previous records for the number of applications received by the Government. A total of 224 applications have been submitted for the 27th Licensing Round covering 418 blocks of the UK Continental Shelf. It is the largest number since offshore licensing began […]

  • Sulphur Regulation Will Cost Maersk $250Mln More Per Year

    14 July 2014
    Business & Finance

    Maersk Line has issued a statement revealing the projected financial impact of the new legislation lowering the maximum allowed content of sulphur in fuel burned to 0.1% sulphur from today’s 1.0% in the Emission Control Areas (ECA) in North Europe (including the Baltic Sea, North Sea and English Channel) and North America (200 nautical miles […]

  • NGO Shipbreaking: COVID-19 exposes vulnerability of migrant workers in South Asia

    15 April 2020
    Human Capital

    The strict lockdown measures across South Asia aimed at curbing the COVID-19 pandemic have also shut down the shipbreaking facilities in India, Bangladesh, and Pakistan. The worst hit by the lockdown measures are migrant workers who became stuck away from home still pending their March salaries and some even deprived of access to food, according […]

  • Platts: July spot LNG prices to Asia plummet

    16 June 2015

    Prices of spot liquefied natural gas for July delivery to Asia averaged $7.600 per million British thermal units, according to the latest Platts Japan/Korea Marker data for month-ahead delivery.

  • USA: Houston Port Commission Holds Special Meeting

    17 August 2012

    At a special meeting yesterday, the Port Commission of the Port of Houston Authority took action on two important matters, the Port Authority’s application to the U.S. Army Corps of Engineers for a permit for improvements to the Bayport Ship Channel, and the Port Authority’s formal response to the Texas Sunset Advisory Commission Staff Report. […]

  • Saab Seaeye’s Sabertooth Used for Tunnel Inspection

    5 February 2014
    Business & Finance, Operations & Maintenance

    Inside Australia’s Snowy Mountain hydro scheme, leading underwater service provider, Hibbard Inshore, say they have broken the record for the longest tunnel inspection by a tethered vehicle using their newest long-range vehicle, the Saab Seaeye Sabertooth. Importantly, this meant there was no need to drain the tunnel system, which saved closing down several power stations. […]

  • New Zealand: Rena Dive Survey Completed [VIDEO]

    25 January 2013
    Business & Finance

    A dive survey to conduct an external visual assessment of the Rena’s sunken stern section and its cargo has now been completed. Early indications from the surveys suggest that of the 36 remaining containers in the stern section carrying known contaminants, many have broken up and their contents have escaped since the vessel broke in […]

  • Tyra agreement encourages SH Group to open Esbjerg department

    24 March 2017

    After the Danish government sanctioned the life extension plans for the offshore Tyra field, the SH Group has decided to establish a new department in Esbjerg. SH Group develops, produces, and services hydraulic and mechanical system solutions for the offshore, marine, and industrial sectors. The company said on Thursday that the goal of the new […]

  • Fire breaks out at Petrobras’ Campos Basin oil rig

    22 April 2025
    Regulation & Policy, Safety

    Dozens of workers have been treated for injuries following an explosion and a fire on an oil platform off the coast of Brazil operated by the state-owned energy giant Petrobras.

  • Neptune embarks on drilling ops with ADES rig

    23 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Neptune Energy has kicked off drilling activities at an exploration well in the North West El Amal concession in the southern Gulf of Suez, off Egypt.

  • French telecom giant takes delivery of offshore wind cable laying vessel

    4 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    French telecommunications corporation Orange has taken delivery of its new cable laying and repair vessel (CLRV), said to be designed for the maintenance of cables for offshore wind projects. The vessel, named Sophie Germain after the pioneering French mathematician and philosopher, is currently on its way from Sri Lanka’s Colombo Dockyard to France. The CLRV […]

  • Terntank takes delivery of second fossil-free hybrid tanker

    28 February 2022
    Business Developments & Projects, Outlook & Strategy, Transition, Vessels

    Swedish tanker operator Terntank has taken delivery of the second 100% biofuel compatible chemical and product tanker that emits no greenhouse gases or carbon particulates during port operations.

  • NYK welcomes 2nd methanol-fueled tanker hired by Waterfront

    27 January 2022
    Business Developments & Projects, Environment, Infrastructure, Transition, Vessels

    Singapore-based NYK Bulkship (Asia), part of Japanese shipping company NYK Group, has taken delivery of Seymour Sun, a methanol-fueled chemical tanker.

  • WATCH: 2nd LNG fuel-ready eco-friendly tanker joins Capital’s fleet

    27 February 2023
    Vessels

    Greece-based ship management company Capital Ship Management (Capital) has taken delivery of the second out of six new liquefied natural gas (LNG) fuel-ready sister ships with an eco-friendly design.

  • The Netherlands: Chevalier Floatels to Develop New Concept for Windpark Accommodation

    19 September 2011
    Business & Finance

      Chevalier Floatels, together with Holland Shipyards and Atlas Ship Delivery, has recently engaged in the development of a new concept for accommodation in offshore windparks. Chevalier Floatels already has considerable experience in the offshore accommodation market, and therefore knows what the clientele is looking for. Two identical floatels are currently being developed. The vessels […]

  • FLEX LNG Updates on SHI Investments

    24 January 2013

    FLEX LNG provided their shareholders with an update regarding the status of the company’s investments with Samsung Heavy Industries (SHI) and the steps taken to secure shareholder value. SHI is currently holding, and has done so for a considerable time, significant funds on behalf of FLEX LNG. Since 2007 the sum of USD 458.7 million […]

  • UK: BAE Systems’ Barrow Shipyard Completes Significant Milestone in Astute Programme

    6 August 2012

    Another significant milestone in the Astute programme has been achieved as the steelwork structure for the Command Deck Module of the fifth submarine was delivered to the Devonshire Dock Hall build facility. The seven new Astute-class nuclear powered hunter-killer submarines (SSNs) will have the capability to circumnavigate the globe without surfacing, limited only by their […]

  • TransCanada sanctions LNG Canada feeder pipeline construction

    4 October 2018

    TransCanada Corporation will proceed with construction of the Coastal GasLink pipeline project following the final investment decision on LNG Canada, a major liquefied natural gas export project in Kitimat, British Columbia.

  • Malaysia’s MISC takes delivery of 2nd Moss-type LNG carrier

    20 January 2017
    Vessels

    Malaysian LNG shipper MISC, a unit of energy giant Petronas, said on Friday it has named and taken delivery of its new LNG carrier, Seri Cenderawasih. The 150,200-cbm LNG carrier is the second in a series of five Moss-type LNG tankers that MISC ordered from South Korea’s Hyundai Heavy Industries. Upon their delivery, these new […]

  • Golar LNG posts USD 38 million loss in Q4

    25 February 2015

    Golar LNG posted a net loss of $38.0 million for the fourth quarter 2014, compared to a $7.8 million net profit in Q3.

  • STX Finland Signs Deal to Build LNG Patrol Vessel

    21 December 2011
    Project & Tenders

    STX Finland Oy and the Finnish Border Guard signed an agreement on construction of a next generation offshore patrol vessel. The vessel will be built at the STX Rauma shipyard and delivered to the customer in November 2013. The highly advanced vessel will be 96 metres long and 17 metres wide and will be capable […]

  • The Netherlands: Vroon Offshore Services Take Delivery of VOS Hyperion

    10 June 2010
    Business & Finance

    Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Hyperion, an anchor handling tug supply vessel built at the Fujian Shipyard in China, was delivered today, 9 June 2010, in China. The vessel is expected to leave the yard for Singapore on 14 June. The VOS Hyperion […]

  • Statoil’s Skrugard and Havis Fields Renamed to Johan Castberg

    26 April 2013

    The Norwegian Ministry of Petroleum and Energy has decided to rename Statoil’s Skrugard and Havis discoveries in the Barents Sea. The field/s will now be called Johan Castberg. According to Barents Observer, Johan Castberg, who served as a parliament member for the then Labour Democrats in the early 20th century, played a key role in developing the […]