10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Maersk Oil Acquires Stake in 3 Production Licences Offshore Norway from Marathon Petroleum

    4 April 2011
    Business & Finance

    Maersk Oil has acquired shares in three production licences in Norway from Marathon Petroleum Norge A/S, a wholly-owned subsidiary of Marathon Oil Corporation , in exchange for Maersk Oil’s financial contribution to the Earb South exploration well. Marathon Petroleum Norge A/S is currently drilling the well on the Earb South Prospect in the South Viking […]

  • Pacific Basin to Add Supramax Trio

    12 April 2019
    Business & Finance

    Pacific Basin is to expand its fleet with a further 3 secondhand Supramax vessels.

  • Sale of Rotterdam Terminal Affects Odfjell’s Earnings

    24 August 2018
    Business & Finance

    Norway’s Odfjell SE suffered a net loss of USD 120 million in the second quarter of this year.

  • Over Half of Vessels Scrapped at Substandard South Asian Yards

    10 April 2015

    Out of 262 vessels sold for breaking during the first quarter of 2015, more than half (151 ships) ended up on the beaches of South Asia as owners continue to scrap their vessels at substandard yards, the latest quarterly report of the NGO Shipbreaking Platform shows. All together, India, Bangladesh and Pakistan  accounted for 58% of the number […]

  • Moody’s: Navios Maritime Partners’ Outlook Negative

    19 May 2016
    Business & Finance

    Greek owner and operator of container and dry bulk vessels Navios Maritime Partners has seen its corporate family rating (CFR) downgraded to B3 from B2, its probability of default rating (PDR) to B3-PD from B2-PD and the rating on Navios Partners’ USD 408.3 million senior secured term loan to B3 from B2, Moody’s rating agency said. Furthermore, […]

  • Cautious Progress of Dutch Maritime Technology Sector Despite Fewer Orders

    17 May 2019

    The Dutch maritime technology sector saw its activity rise slightly in 2018.

  • World’s Biggest Lock Officially Opened

    10 June 2016

    The Kieldrecht lock at the Belgium’s Port of Antwerp has been inaugurated today when H.M. King of Belgium officially opened this, now the world’s largest lock, by pressing the button to symbolically mark the inauguration. King Filip of Belgium was joined by MM. Ben Weyts, Flemish Minister for Transport and Mobility, Werner Hoyer, EIB President and Marc Van Peel, […]

  • Papua LNG to advance despite PNG halting talks

    3 February 2020

    Papua LNG project is expected to advance with certain modifications following the halt in negotiations between the JV partners and the PNG government over P’nyang gas field agreement. 

  • Asia Nov spot LNG prices rise

    17 October 2014

    Prices of spot liquefied natural gas for November delivery to Asia increased 12.4% month over month to average $14.426 per MMBtu, according to the latest Platts Japan/Korea Marker for month-ahead delivery. The marker moved up for the second month in a row, as buyers were drawn back into the market to purchase spot cargoes for the […]

  • Platts: spot LNG prices for May delivery to Asia down 52.6 pct

    20 April 2015

    Prices of spot liquefied natural gas to northeast Asia for May delivery remained under pressure, falling 52.6% year over year to average $7.380 per million British thermal units, according to latest Platts Japan/Korea Marker data for month-ahead delivery.

  • Platts: October spot LNG prices to Asia drop

    29 September 2015

    Prices of spot liquefied natural gas for October delivery to Asia averaged $7.538 per million British thermal units, according to latest Platts Japan/Korea Marker data for month-ahead delivery.

  • UK: Energy Ambassador Programme Now Running in Suffolk

    28 October 2012
    Human Capital

    This ambitious pilot, jointly developed by Skills for Energy (SfE), Suffolk Education Business Partnership, (Suffolk EBP) and Suffolk County Council, provides a simple way and effective way to link industry and schools to enthuse and inform young people in Suffolk about the energy sector. So far over 25 people from local and international energy sector […]

  • Woodside to go ahead with Myanmar exploration plans regardless of coup

    19 February 2021
    Authorities & Government, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy

    Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just “a transitionary issue” and would not affect its offshore drilling plans.

  • Ithaca shuts down North Sea platform over Covid-19 outbreak

    22 January 2021
    Exploration & Production, Human Capital, Rules & Regulation, Safety

    Production on the Ithaca Energy-operated platform located in the North Sea has been shut down due to a Covid-19 outbreak.

  • Petronas books smaller profit after being hit by lower prices

    22 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petronas saw its profit and revenues drop in the first quarter of 2020 after being hit by lower average realised prices for LNG, petroleum products, and crude oil & condensates.

  • BIMCO: Soaring containership deliveries to push fleet growth by 4.5 m TEU

    10 August 2023
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Deliveries of new container ships during the first seven months of the year reached a new record high of 1.2 million TEU in 2023, beating the previous record by 0.2 million TEU, data from BIMCO shows. As recycling of ships has remained low, the fleet capacity has grown 4.3% since January. The contracting of new […]

  • Transocean rig mobilized for Agar Plantain well, Catalyst says

    20 August 2018
    Exploration & Production

    Azinor Catalyst has mobilized the Transocean Leader drilling rig for the Agar Plantain exploration and appraisal well on the UK Continental Shelf.

  • Statoil sets in motion UK exploration drilling campaign

    3 July 2017
    Exploration & Production, Project & Tenders

    Norwegian oil firm Statoil will soon start a three-well exploration drilling campaign on the UK continental shelf. In early July, the semi-submersible rig Transocean Spitsbergen will spud the first well in the campaign, the oil company said on Monday. The rig has recently mobilized from Bergen, Norway. Statoil picked the Transocean rig for the three UK wells and for a six-well production drilling […]

  • Cove Provides Update of its Operations Offshore Mozambique

    28 November 2011
    Business & Finance, Operations & Maintenance

    Cove Energy plc, the AIM quoted upstream oil and gas company, together with the operator Anadarko Petroleum Corporation, provide an update of the results of the Barquentine-3 appraisal well and consequent gas resource range upgrade in the Rovuma Basin Area 1 block, Offshore Mozambique. Highlights • Thickest Gas Pay To Date Barquentine-3, the sixth successful […]

  • Coastal Energy: All Bua Ban North A Wells Online in February (Thailand)

    5 January 2012
    Business & Finance

    Coastal Energy Company, an independent exploration and production company with assets in Thailand, announces the successful production testing results from the first two Bua Ban North A wells and the results of the Bua Ban North B-10 and B-12. The first Bua Ban North A wells have been completed and are undergoing production testing. The […]

  • Brazil: Rio Oil & Gas to Have Its Largest Edition This Year

    8 September 2010

    The Rio Oil & Gas Expo and Conference, the largest petroleum and gas event in the Southern Hemisphere, will have its largest edition to date on September 13th-16th at the Riocentro, in Rio Janeiro. It is expected that 40 thousand visitors will pass through the event during the four days it will be taking place. […]

  • Norway: First Oil from Draupne May be Produced in 2015

    16 March 2011
    Business & Finance

    The partnerships in Draupne-, Hanz- and West Cable licenses have submitted an application for an environmental impact assessment for these discoveries. Draupne, with the smaller discoveries at Hanz and West Cable, is one of the major discoveries on the Norwegian shelf in recent years. The first oil from Draupne can be produced in 2015. The […]

  • BG, SSE sell stake in UK North Sea field

    27 October 2015
    Business & Finance

    BG Group and SSE E&P have decided to sell their respective stakes in a North Sea block, which contains an extension to the Columbus field, for a nominal sum.   The buyers of the equity in Block 23/21a, Serica Energy, Endeavour Energy and EOG Resources, are also partners in Block 23/16f. Serica Energy says that the transaction […]

  • TWMA Wins Martin Linge Field Waste Management Contract (Norway)

    1 October 2013
    Business & Finance, Equipment

    TWMA, the leader in integrated drilling and environmental solutions for the international onshore and offshore oil and gas industry, has been awarded a major contract with Total E&P Norge AS to deliver offshore waste management services during the development of the Martin Linge field located on the Northern Viking Graben in the Central North Sea. […]

  • VIDEO: Strong Year Start for Maersk

    13 May 2015
    Business & Finance

    The Maersk Group delivered a profit of USD 1.6bn (USD 1.2bn) positively impacted by an after tax gain from the sale of shares in Danske Bank A/S of USD 223m. The underlying profit increased by 18% to USD 1.3bn (USD 1.1bn) and the return on invested capital (ROIC) was 13.8% (10.0%). “In a quarter impacted […]