1983 results found for 'Lease Sale 193'

1983 results found for 'Lease Sale 193'
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  • Maersk Group’s Quarterly Profit Down by 86 Pct

    4 May 2016
    Business & Finance

    Danish shipping and offshore energy conglomerate Maersk Group reported its profit at USD 224 million for the first quarter of 2016, a drop of 86 percent compared to USD 1.6 billion seen in the same period a year earlier. Maersk’s underlying profit was at USD 214 million for the quarter, against USD 1.3 billion in the first […]

  • ‘Dramatic energy savings’ on the menu for one of Solstad’s largest CSVs

    22 May 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Equipment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    One of the largest construction support vessels (CSVs) in Solstad Offshore’s fleet is set to receive an energy-efficient upgrade said to allow “dramatic energy savings”. Kongsberg Maritime has been appointed to upgrade the Normand Sentinel from AZP 120 CP mechanical thruster to RD-AZ2600 rim-drive azimuth thrusters, expected to allow fuel savings of up to 16% […]

  • GDF Suez, E.ON Selling Stake in SPP (Slovakia)

    15 January 2013

    GDF SUEZ and E.ON have signed an agreement with Energetický a Průmyslový Holding (EPH), a leading Czech power market player, for the sale of their combined 49% indirect stake in Slovenský Plynárenský Priemysel a. s. (SPP), the Slovak gas operator. This participation has been held through a 50/50 joint venture between GDF SUEZ and E.ON […]

  • Chesapeake to Sell Assets for USD 6.9 Billion (USA)

    12 September 2012

    Chesapeake Energy Corporation announced today it has entered into multiple agreements to sell the vast majority of its Permian properties, substantially all of its midstream assets and certain noncore leasehold for total net cash proceeds of approximately $6.9 billion. The company will use a portion of the proceeds from these asset sales to fully repay […]

  • GasLog’s 2015 profit rises

    25 February 2016

    Monaco-based LNG shipper GasLog posted a US$53.7 million profit for the year 2015, 5.7 percent up on US$50.8 million in 2015.

  • Interior department suspends Arctic O&G exploration lease sales (USA)

    19 October 2015

    The Obama administration has cancelled the Arctic Lease Sales for the Beaufort Sea and the Chukchi Sea oil and gas exploration in the current five-year oil and gas program. The U.S. Department of the Interior Friday said that, in light of current market conditions and low industry interest, it would cancel the two potential Arctic offshore […]

  • ADM Energy takes further interest in license offshore Nigeria

    24 February 2020
    Business & Finance

    ADM Energy, an oil and gas investing company, has made an agreement to acquire a further interest in OML 113, located offshore Nigeria, from EER.

  • Chevron 4Q Earnings Down on Lower Crude Prices, Refining Margins

    31 January 2014

    Chevron Corporation today reported earnings of $4.9 billion for the fourth quarter 2013, compared with $7.2 billion in the 2012 fourth quarter. Full-year 2013 earnings were $21.4 billion , down 18 percent from $26.2 billion in 2012. Sales and other operating revenues in the fourth quarter 2013 were $54 billion, compared to $56 billion in […]

  • South Australian Premier Welcomes Announcement on Shale Gas at Moomba

    17 August 2012

    Premier Jay Weatherill says that the announcement by Santos that its Moomba 191 dedicated shale well is commercially viable to connect to production is a major milestone for the unconventional gas industry in South Australia. The well, located in the Cooper Basin in the state’s North East, will be the first dedicated shale well to […]

  • Six New LNG Carriers Become Part of BP Shipping’s Fleet

    29 April 2019
    Business & Finance

    BP Shipping’s new 173,400 cbm LNG vessels join the fleet.

  • Iran getting ready to return to world oil & gas market after nuclear deal reached

    14 July 2015

    Global powers and Iran have today in Vienna reached what has been described as a historic deal, where Iran agreed it would scale down its nuclear program, in return for the crippling economic sanctions being eased and eventually lifted against the oil and gas rich Middle Eastern nation. According to a statement by the White House, the […]

  • Deltamarin signs deal for Finnlines’ new future-proof RoPax units

    27 May 2025
    Business Developments & Projects, Innovation, Vessels

    Finnish marine engineering company Deltamarin has inked a deal with the China Merchants Jinling Shipyard (Weihai) to design and develop new Hansa Superclass roll-on/roll-off passenger vessels (RoPax) for compatriot shipping player Finnlines. As informed, following the wrap-up of the concept and contract design for the units earlier this year, Deltamarin is now set to complete […]

  • USA: ION Unveils Calypso Seabed Acquisition System

    4 June 2012
    Business & Finance, Equipment

    ION Geophysical Corporation  today announced the launch of Calypso™, its next generation redeployable seabed acquisition system. Leveraging ION’s industry-leading VectorSeis® digital sensors to deliver the same unrivaled broadband imaging, Calypso is designed to operate at twice the depth and to deliver twice the operational efficiency of its predecessor system, VectorSeis Ocean (VSO). The seabed seismic […]

  • HHI Aims to Reach USD 7.5 Bn of Sales in 2018

    4 January 2018
    Business & Finance

    Hyundai Heavy Industries has set its sights on reaching USD 7.52 billion in sales during 2018.

  • COSCO Plans Multi-Million EUR Expansion of Its Piraeus Port Operations (Greece)

    2 September 2013
    Business & Finance

    China’s largest bulk shipper COSCO Holdings Co Ltd has agreed a multi-million euros expansion of its container operations at Greece’s biggest port Piraeus, easing the way for the port’s privatisation. Under a deal announced by Greek officials on Monday, COSCO will be excused paying fees to OLP in return for making the investment, removing a […]

  • Panama Canal: Officials Discuss Future Trends in Maritime Industry

    20 August 2014
    Business & Finance, Equipment, Technology

    Within the framework of the centennial celebration, the Panama Canal Administrator Jorge L. Quijano received a Maersk Line delegation led by Søren Skou, CEO of Maersk Liner Business, to provide an update on the Expansion Program and discuss the future trends in the maritime industry. Administrator Quijano updated Maersk executives on the progress of the […]

  • TGS: Highest Quarterly Revenue in Company’s History (Norway)

    3 May 2012
    Business & Finance, Operations & Maintenance

    TGS reports net revenues of USD 191 million in Q1 2012, compared to USD 132 million in Q1 2011, a 45% increase. This is the highest quarterly revenue figure in the Company’s history. Investments were USD 101 million, up 132%. TGS’ backlog amounted to USD 242 million at the end of Q1 2012, representing the […]

  • SBM Offshore’s new Brazil-bound FPSO sets sail from China toward Petrobras’ giant oil field

    17 December 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Petrobras is looking forward to welcoming the fifth addition to its huge oil field off the coast of Brazil once a floating production, storage, and offloading (FPSO) vessel, which left a Chinese shipyard to embark on a miles-long journey toward the pre-salt layer of the Santos Basin, arrives to achieve first oil next year.

  • New FPSO comes to work on Brazil’s third largest oil field

    14 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petrobras has welcomed the arrival of an FPSO, which will work on the company’s giant oil field in the Santos Basin offshore Brazil.

  • EnBW Baltic 2 Starts Paying Dividends

    13 November 2015
    Business & Finance, Operations & Maintenance

    Since its official commissioning on September 21, the offshore wind farm EnBW Baltic 2 in Stralsund has helped the Karlsruhe-headquartered electric utilities company EnBW improve EBITDA in its renewable energies segment for the first nine months of 2015, and partly offset a 5.3% fall in revenue in the division. EBITDA rose to EUR 156.3 million in the first nine […]

  • Kitty Hawk offshore wind farm’s O&M to create almost 1,000 jobs

    30 December 2020
    Business & Finance, Business Developments & Projects

    The Kitty Hawk offshore wind farm can be expected to deliver substantial economic growth and employment to Virginia and North Carolina, according to the project’s economic impact study (EIS), with nearly 1,000 jobs to be created once the wind farm is operational. Along with the USD 2 billion in economic impact between 2021 and 2030, […]

  • EnBW Baltic 2 Starts Paying Dividends

    13 November 2015
    Business & Finance, Operations & Maintenance

    Since its official commissioning on September 21, the offshore wind farm EnBW Baltic 2 in Stralsund has helped the Karlsruhe-headquartered electric utilities company EnBW improve EBITDA in its renewable energies segment for the first nine months of 2015, and partly offset a 5.3% fall in revenue in the division. EBITDA rose to EUR 156.3 million in the first nine […]

  • Dominion 1Q Earnings at USD 607 Mln

    30 April 2014

    Dominion announced  earnings for the three months ended March 31 of $379 million, compared with earnings of $495 million for the same period in 2013. Operating earnings for the three months ended March 31  amounted to $607 million, compared to operating earnings of $476 million for the same period in 2013. Thomas F. Farrell II, […]

  • BOURBON Sells a Dozen Newbuilds

    7 January 2014

    BOURBON announced the sale of 12 vessels to the Chinese company ICBC Financial Leasing (ICBCL) for a total value of approximately US$ 378 million, as part of the sale and bareboat charter agreement for up to 51 vessels signed with ICBCL on April 9, 2013. With the 9 vessels already transferred in September 2013 as […]

  • Energean hands in development plan for Karish & Tanin gas fields off Israel

    20 June 2017
    Project & Tenders

    Greek oil company Energean Oil & Gas has submitted the Field Development Plan (FDP) for the Karish and Tanin natural gas fields, offshore Israel, to the Israeli Petroleum Commissioner. Energean’s subsidiary, Energean Israel, holds 100% of Karish and Tanin, which combined have 2.7 TCF of natural gas and 41 million barrels of oil equivalent (mmboe) […]