10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Singapore reclaiming the throne in offshore shipbuilding

    20 November 2017
    Exploration & Production, Infrastructure

    November 20, 2017 – Singaporean shipyards have held an influential position in the offshore shipbuilding world for years. Now they’re upping their game even more.

  • AAL: Sixth methanol-ready MPP newbuild delivered

    30 June 2025
    Infrastructure, Vessels

    Singapore-based shipping company AAL Shipping has taken delivery of AAL Dammam, its sixth methanol-ready dual-fuel Super B-class multipurpose heavy lift vessel. The naming and delivery ceremony for the 32,000 dwt newbuilding was held at the CSSC Huangpu Wenchong Shipyard in China on June 27, 2025. As informed, the 700 MT AAL Dammam immediately entered service, […]

  • Amid tariff turmoil, MOL opens office in Washington

    1 May 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Japanese shipping major Mitsui O.S.K. Lines (MOL) is set to open a new office in Washington, D.C., U.S., through its subsidiary MOL (Americas), even as tariffs continue to roil global trade and challenge the shipping sector.

  • Nordic consortium study bullish on potential of ammonia-powered ships

    2 June 2021
    Environment, Outlook & Strategy, Regulation & Policy, Transition

    The Nordic Green Ammonia-Powered Ship (NoGAPS) consortium has announced the results of its latest study on green ammonia-powered gas carrier transporting ammonia in Northern Europe and using zero-emission ammonia as a fuel.

  • IMB Report: Six Month Drop in World Piracy

    17 July 2012

    The number of pirate attacks have fallen sharply in the first half of 2012, led by a drop in Somali piracy, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report revealed yesterday, but warned that these numbers were offset by a worrying increase of attacks in the Gulf of Guinea. Overall, […]

  • Lloyd’s Register, Pusan National University to advance liquefied hydrogen carrier technology

    17 April 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Vessels

    UK-based classification society Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with the Hydrogen Ship Technology Center at Pusan National University (PNU) in Korea to advance liquefied hydrogen carrier technology and cryogenic engineering.

  • Santos takes FID on $3.6bn Barossa gas project

    30 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Santos has taken a final investment decision to proceed with Barossa, the $3.6 billion gas and condensate project, located offshore Australia.

  • Australian competition watchdog probes ExxonMobil, BHP joint gas sales

    22 April 2016

    Australian competition watchdog, the Australian Competition and Consumer Commission (ACCC), is looking to put an end to a marketing joint venture between ExxonMobil and BHP Billiton in order to boost competition in the Australian gas market.  The Federal Government has released the report of the Australian Competition and Consumer Commission Inquiry into the competitiveness of wholesale […]

  • NKT patches up UK-Netherlands cross-border interconnector after power outage

    20 February 2025
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    Following a power outage, NKT has restored to working order a cross-border interconnector, which connects the electricity markets of the UK and the Netherlands via subsea cable.

  • ‘Germany’s largest floating solar plant’ starts assembling (Video)

    3 June 2024
    Business & Finance, Business Developments & Projects, Technology

    Situated on the eastern shore of the Cottbus Baltic Sea, the country’s largest post-mining lake. The 29 MWp floating solar plant is set to generate approximately 29,000 MWh of electricity a year, with commissioning set for the winter of 2024/2025. 

  • Petrobras breaks production record for its 70th birthday

    17 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Brazilian state-owned oil and gas giant Petrobras has broken its quarterly record of operated oil and gas production in the third quarter of this year, reaching 3.98 million barrels of oil equivalent (boe) per day, 7.8% above the previous quarter. Petrobras also reported that it had reached a monthly record of operated production in September, with […]

  • UK: Chevron restarts Erskine flows

    29 July 2016
    Project & Tenders

    Oil company Chevron has restarted oil and gas production from the Erskine field in the North Sea following the clearance of a pipeline blockage and the completion of scheduled maintenance works on the Lomond platform.  The Chevron-operated Erskine field includes a normally unattended platform and is remotely controlled from BG’s Lomond platform. An 18.6 mile […]

  • Russia: Officials Discuss South Stream Project

    29 February 2012
    Business & Finance, Research & Development

    Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting dedicated to the South Stream project. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department and Marcel Kramer, Chief Executive Officer of the South Stream project. Pursuant to the task by […]

  • NNS Volunteers Help Students Prepare for STEM

    24 July 2013

    Volunteers from Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division are trading in their safety gear for school gear this summer at the STEM Summer of Innovation Academy. Helping students explore future careers in STEM (science, technology, engineering and math) fields, NNS volunteers are working with Newport News Public Schools (NNPS) to get students excited […]

  • H1 Volumes Rise at Northwest Seaport Alliance

    28 July 2017
    Business & Finance

    The fourth-largest container gateway in North America, the Northwest Seaport Alliance (NWSA) witnessed its year-to-date volumes increase by 7 percent. Full import volumes for the six-month period ended June 30 were up 7 percent to 694,175 TEUs, while full exports grew 2 percent to 476,745 TEUs. At the same time, international container volume, including empties, […]

  • Norway: Sevan Marine Announces 3Q 2010 Results

    11 November 2010
    Business & Finance

    Operating income for the quarter amounted to USD 73.4 million (USD 58.2 million). EBITDAFX was USD 18.5 million (USD 17.1 million). Operating loss was USD 19.5 million (loss of USD 0.2 million), and net loss was USD 66.4 million (net profit of USD 0.5 million). Operating income was USD 15.2 million higher than previous quarter […]

  • Solstad back in black; Eyes more renewables work

    1 March 2021
    Business & Finance, Business Developments & Projects

    Norwegian shipowner Solstad Offshore has bounced back in black as a result of successful financial restructuring. The company posted quarterly profit of NOK 11.43 billion, compared to NOK 1.19 loss same time last year. Full-year result was positive, with profit of NOK 7.23 billion, against NOK 3 billion loss in 2019. Revenue for the fourth […]

  • Borr Drilling working to secure liquidity runway until 2022

    21 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    Borr Drilling is working to secure a liquidity runway until 2022 even in an unlikely low scenario without any further contracts.

  • Florida Institute of Oceanography Adds New Research Vessel

    26 May 2017
    Business & Finance

    The R/V W.T. Hogarth, designed and engineered by Boksa Marine Design, was christened and launched on May 23, 2017. The coastal class research vessel is the newest addition to the Florida Institute of Oceanography (FIO) fleet and will help continue the efforts of scientific education and discovery of FIO and its member institutions. “It’s an […]

  • UK: Minister Moves to Allay Fears Over Dredging

    23 May 2013

    The Natural Environment and Fisheries Minister, Richard Benyon, has moved to calm a growing storm of protest in response to reports that the Secretary of State Owen Paterson had instructed the Environment Agency to prepare options for the deregulation of river dredging to assist farmers and landowners reduce agricultural flood risks. The Angling Trust secured […]

  • Cargotec wins IBJ’s environment protection award with innovative MacGregor solution

    25 November 2010

    Cargotec’s MacRack solution for side-rolling hatch covers has won the International Bulk Journal’s (IBJ) environment protection award. IBJ Awards judges were impressed by the MacRack system, which is based on environmentally-friendly electric-drive technology that offers shipowners energy savings, and eliminates hydraulic oil leaks along with the need to fit hydraulic pipework on board. “We are […]

  • Baker Hughes solving pre-salt challenges for flexible pipe systems

    22 March 2021
    Certification & Classification, Environment, Equipment, Infrastructure, Innovation, Operations & Maintenance, Technology

    Baker Hughes said it has reached a technology milestone in pioneering a solution to overcome flexible pipe stress corrosion cracking (SCC) tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments. The inspection, verification and assurance body, Lloyd’s Register, issued Baker Hughes a design appraisal document (DAD) certification, validating the […]

  • Norway: Bergen Group to Provide Storage Services for Octabuoy Platform Hull

    19 October 2011
    Business & Finance

    Bergen Group Offshore, through its subsidiary Bergen Group Hanøytangen AS, has received a contract from Bluewater Industries in Houston for the storage of the ATP Oil & Gas Corporation hull for the new  Octabuoy platform to be installed on the Cheviot Field in the UK-sector of the North Sea.  The hull for the Octabuoy Platform […]

  • Caribbean FLNG on Track for Delivery in Q1, 2016

    30 October 2015
    Business & Finance

    The construction of the floating liquefaction unit Caribbean FLNG, the world’s first floating LNG production unit, at Wison Heavy Industry in Nantong, China is on track and the vessel is expected to be delivered in the first quarter of 2016, according to Exmar N.V., a Belgian shipping firm specialized in the transport of gas. The […]

  • Norway: Boa Group Sells OCV Vessel to Topaz Energy and Marine Ltd.

    23 September 2010
    Business & Finance

    Boa has recently sold offshore construction vessel Boa Rover to the Dubai based Topaz Energy and Marine Ltd. About Boa Group BOA GROUP (Taubåtkompaniet AS/Boa companies) is a family business, which has been providing offshore services since the 70’s. From the main office in the central part of Norway, Boa Group has been employed all […]