10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Ithaca expects first oil from Stella in February

    12 January 2017
    Project & Tenders

    North Sea oil & gas operator Ithaca Energy is expecting to produce first hydrocarbons from the Stella field in the UK North Sea in February, following repairs on the production facility.  To remind, following a routine inspection in November last year Ithaca found faults on a number of electrical junction boxes on the unit’s processing facilities. The start-up, […]

  • Wärtsilä Presents New Propeller Concept

    4 June 2014
    Business & Finance, Equipment

    Wärtsilä has introduced the FPP Opti Design, a new state-of-the-art fixed pitch propeller (FPP) design concept. The new design offers fuel savings of up to 4 per cent and highly reliable full scale performance predictions. The concept has been developed utilising the latest computational fluid dynamics (CFD) technology. The Wärtsilä FPP Opti Design has been developed […]

  • Wärtsilä Presents New FPP Opti Design

    4 June 2014
    Business & Finance

    The FPP Opti Design, a new state-of-the-art fixed pitch propeller (FPP) design concept, has been introduced by Wärtsilä. The new design offers fuel savings of up to 4 per cent and highly reliable full scale performance predictions. The concept has been developed utilising the latest computational fluid dynamics (CFD) technology. The Wärtsilä FPP Opti Design […]

  • IADC: Terra et Aqua September 2012 (The Netherlands)

    4 September 2012
    Business & Finance

    Since the start of the industrial revolution, people have treated the planet as though its natural resources were endlessly available. In the 1980s an abrupt shift occurred. An awareness of the limitation of these resources awakened a concern for the planet and for future generations. From this concern arose the concept of “sustainability”. What has […]

  • Lundin braces for 4Q loss

    17 January 2018
    Business & Finance

    Lundin Petroleum will recognize a net foreign exchange loss of $69 million for the fourth quarter of 2017.

  • Top News of The Week April 29 – May 4, 2013

    5 May 2013

    *Woodside to Develop Browse Reserves Using Shell’s FLNG Technology
    *Petrofac Strikes Oil at Cendor, Malaysia
    *First Steel Cut for Cygnus Jackets. Project Creates 100 Jobs (UK)

  • Catalyst to take over operator role in North Sea licence

    5 January 2016
    Business & Finance

    Jersey Oil & Gas, an independent upstream oil and gas company, has signed a sales and purchase agreement with Azinor Catalyst Limited (Catalyst) for the farm-out of its 50 percent interest in Seaward Production Licence P.1989 Blocks 14/11, 12 & 16, in the UK North Sea.  The licence is held via Jersey Oil & Gas’ […]

  • Deltamarin Nabs Design Contract for Six B.Delta 37 Bulk Carriers (China)

    27 June 2012

    Deltamarin has entered into a new contract with Yangfan Group (China) for the design of B.Delta37 Bulk Carriers to be built for d’Amico Societa di Navigazione S.p.A. who placed with the Chinese builder a series of six fixed orders and six options. Deltamarin will procure the Basic Design, part of the Detail Design of the […]

  • Halliburton CEO: Excellent 2014, but challenging year ahead

    20 January 2015
    Business & Finance, Equipment

    Halliburton Company , the world’s second largest oilfield services provider announced today that income from continuing operations for the fourth quarter of 2014 was $1.0 billion, or $1.19 per diluted share, excluding restructuring charges of $90 million, after-tax, or $0.11 per diluted share, and Baker Hughes acquisition-related costs of $19 million, after-tax, or $0.02 per […]

  • Senators Back Legislation to End Great Lakes Dredging Crisis

    27 November 2013
    Business & Finance

    Thirteen Great Lakes Senators yesterday have sent a letter to key legislators who will lead the House/Senate conference on the Water Resources Reform and Development Act urging them to include provisions that will bring more Federal dredging dollars back to the Lakes and break the dredging crisis’ stranglehold on shipping on the Fourth Seacoast. Years […]

  • Drewry: lower oil prices boost LPG shipping earnings

    26 February 2015

    LPG shipping earnings are forecast to remain buoyant on the back of low oil prices and the absence of fuel substitution, shipping consultancy Drewry said in its LPG Forecaster.

  • ULSTEIN to Design and Equip Van Oord’s New Subsea Rock Installation Vessel

    29 September 2014
    Business & Finance, Technology

    ULSTEIN has been awarded the design and equipment contract for Van Oord’s new subsea rock installation (SRI) vessel ‘Bravenes’. Working in close cooperation with Van Oord, this is the first fully integrated design where ULSTEIN is responsible for the development and integration of both the mission equipment and vessel design. The vessel will be constructed […]

  • Clarksons: Secondhand Containership Sales at Record Level

    13 September 2017
    Business & Finance

    The volume of secondhand containership sales reported in the first eight months of 2017 totalled 0.75 million TEU, exceeding the previous annual record level of 0.64 million TEU set in 2015. According to Clarksons Research, a new monthly record was set in March 2017 which witnessed some 40% of the full year 2016 sales capacity […]

  • WSS’ Market in Japan Expects Stronger Recovery in Second Half of 2014

    9 April 2014
    Business & Finance

    Wilhelmsen Ships Services’ (WSS’) General Manager for Japan Yoshihiro Iizuka said that although the Japanese market is moving towards growth for 2014, the recovery will be stronger in the second half, with an increase in newbuilds expected towards the end of the year. Iizuka says: “Overall, the Japanese market is in recovery, with annual pay […]

  • GC Rieber Slips on Strong Dollar

    13 May 2015
    Business & Finance, Operations & Maintenance

    GC Rieber Shipping has posted a net loss of NOK 36.3 million ($4.9 million) in the first quarter 2015, versus a net profit of NOK 41.2 million ($5.5 million) in first quarter 2014. According to the company, weakening of NOK against USD in the quarter resulted in unrealised currency loss of NOK 72.7 million compared with unrealised […]

  • Greenland Supports Ban of HFO in Arctic

    19 September 2018
    Business & Finance, Rules & Regulation

    Greenland has voiced its support for IMO’s ban on the use and carriage of heavy fuel oil in the Arctic.

  • Kalmar to Extend More DP World’s Cranes in Antwerp

    17 May 2016
    Business & Finance

    Finland-based port automation solutions provider Kalmar, part of Cargotec, has been awarded the contract to heighten three ZPMC ship-to-shore (STS) cranes operated by DP World Antwerp Gateway NV as the terminal readies for more cargo as well as for larger vessels.  The order was booked in Cargotec’s 2016 first quarter order intake, and the project […]

  • DeepOcean Reorganises in Two Sections

    12 January 2015
    Business & Finance, Research & Development

    Effective 1 January 2015 DeepOcean is organised in two main regions, the Greater North Sea (“GNS”) region and the International region.  Ottar Mæland will head up the GNS region as Group EVP GNS. Group support functions such as IT, Procurement, Asset Management, Ship Management and Engineering will reside in the GNS organisation. Mads Bårdsen will […]

  • MHI Vestas Breaks Double-Digit Ceiling with 10MW Wind Turbine

    25 September 2018
    Business & Finance, Research & Development, Technology

    MHI Vestas Offshore Wind has made it official – its V164 turbine platform has broken the double-digit barrier and has now achieved a power rating of 10MW.

  • VOR: Ericsson in the wars again

    27 April 2006

    Ericsson helmsman Guillermo Altadill will not sail again until the Portsmouth In Port race after exploratory surgery revealed unknown complications to a finger he broke during the first night of racing out of Spain. Altadill was helming when a big wave smashed him into the steering wheel and his finger was broken. Despite having the […]

  • UK oil & gas firm gleans more insight into Namibian asset’s hydrocarbon prospectivity

    16 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders

    Tower Resources has undertaken a basin and thermal maturity study within its operated license PEL 96 in Namibia.

  • Keeping an eye on Hurricane Beryl: Shell, BP, and Chevron take steps to protect Gulf of Mexico staff and assets

    5 July 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital, Safety

    Shell, BP, and Chevron, have taken certain precautionary measures to ensure the safety of their offshore personnel in the Gulf of Mexico.

  • Shell takes over operatorship, makes FID to develop Arran field

    10 October 2018
    Project & Tenders

    Shell has taken over operatorship of the Arran field in the UK North Sea and made the final investment decision to develop the field.

  • Pancontinental Purchases 10 pct of Paragon’s Interest in Namibia Licence EL 0037

    19 July 2012
    Business & Finance, Project & Tenders

      Pancontinental Oil & Gas NL (“Pancontinental”) announces that it has reached agreement with EL 0037 co-venturer Paragon Holdings Limited (“Paragon”) for Pancontinental to purchase 10% of Paragon’s interest in the EL 0037 licence for US$4 million. Pancontinental will now pay Paragon US$2 million and will pay a further US$2 million upon the first of […]

  • AMCS: Who Pays the Real Price for Dredging ? (Australia)

    6 January 2014
    Business & Finance, Equipment, Technology

    Casting aside the agendas of politicians and activists, the true, long term implications of dredging spoil material along the Queensland coast are difficult to calculate, announced marineconservation.org. Industry has breathed life into the once-quiet town of Gladstone in the form of booming economic activity, employment and high-visibility wear. When Gladstone Harbour was subject to dredging in […]