1983 results found for 'Lease Sale 193'

1983 results found for 'Lease Sale 193'
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  • Frigate Neukrotimy Sank in Baltic Sea

    7 November 2012
    Business & Finance

    Being written-off from Baltic Fleet (BF) three years ago due to worn-out condition, frigate Neukrotimy sank on Nov 3. After decommission, the ship was reclassified down to “military property” category and moored at naval harbor of Baltiysk, Kaliningrad region. The frigate was put up for sale. Neukrotimy sank because of “leakage in the hull due […]

  • Ship Finance Orders LR2 Product Carrier Duo

    18 December 2015
    Business & Finance

    New York-listed Ship Finance International Limited has agreed to build two 114,000 dwt LR2 oil product carriers at an undiclosed shipyard in Korea. The vessels are scheduled to be delivered during the second half of 2017 and will thereafter commence long term time-charters to a US based investment-grade energy company. The company said that the […]

  • Leighton Q1 Net Profit Rises, Australia

    7 May 2013

    Leighton announced Net Profit after Tax of $123 million for the first quarter of financial year 2013, compared to a loss of $80 million in the prior comparable period. Revenue was $5.4 billion, compared to $5.1 billion in the prior comparable period. Chief Executive Officer, Mr Hamish Tyrwhitt, said that it was pleasing to report […]

  • Austal Becomes Kelvin Hughes’ Distributor for Australia and New Zealand

    26 June 2012

    Leading electronics provider Kelvin Hughes has appointed global defence prime contractor Austal to lead its defence, border protection and paramilitary sales and support activities in Australia and New Zealand. The agreement will enable both companies to best support customers in Australasia. Under the agreement, Austal will sell and support Kelvin Hughes’ naval and marine products, […]

  • UK court clears way for widow of Bangladeshi ship-breaking worker to sue tanker company

    15 July 2020
    Authorities & Government, Business & Finance, Rules & Regulation

    The UK High Court ruled on Monday, July 13, that the widow, whose husband lost his life while dismantling a supertanker in Bangladesh in 2018, can pursue a negligence claim against Maran (UK) Limited, a British company involved in the ship’s sale. The court said that Maran (UK) arguably owed a duty of care to […]

  • USA: Chesapeake Profit Dips

    21 February 2013

    Chesapeake Energy announced financial and operational results for the 2012 fourth quarter and full year. For the 2012 fourth quarter, Chesapeake reported net income available to common stockholders of $257 million ($0.39 per fully diluted common share), ebitda of $1.299 billion (defined as net income (loss) before income taxes, interest expense and depreciation, depletion and […]

  • Finland: Mobimar 18 Wind Completes Sea Trials

    11 May 2012

    Transfer /windfarm service vessel Mobimar 18 Wind, after it was launched on February 27th, has passed all the conventional sea trials and in addition extra tests from towing 20m by 50m barge to hanging from a crane test. Mobimar 18 Wind was designed and built by Mobimar Ltd. in Turku, Finland and classed by Bureau Veritas, […]

  • Carnival Corp’s Income Continues Rising

    28 September 2018
    Business & Finance

    Carnival Corp delivered record third quarter revenues and earnings.

  • PGS curtails quarterly loss. Keeps its revenues in balance

    27 October 2016

    Norwegian marine seismic acquisition specialist Petroleum Geo-Services (PGS) saw a minimal one percent decrease in revenues during the 3Q of 2016 compared to the prior-year quarter, mainly due to good MultiClient performance, and reduction in its net loss.  In 3Q 2016, PGS’ revenues decreased by less than 1%, amounting to $224.1 million, compared to $225.7 million […]

  • Shell Buys Repsol LNG Assets, Spain

    27 February 2013
    Project & Tenders

    Repsol of Spain said it has reached an agreement with Shell for the sale of its LNG assets for $6.7 billion which includes the minority stakes in Atlantic LNG (Trinidad & Tobago,) Peru LNG and Bahia de Bizkaia Electricidad (BBE) as well as the LNG sale contracts and time charters with their associated loans and […]

  • Drewry: What Will it Take to Sell NOL?

    27 July 2015
    Business & Finance

    The rumoured sale of Singapore-based container shipping company Neptune Orient Lines (NOL) will not go down smoothly as the company’s majority stake owner – Temasek Holdings – is unlikely to accept a low-ball price for this ‘habitual loser,’ according to shipping analyst Drewry. Temasek Holdings, the Singapore government’s investment company, has shareholdings in almost every line […]

  • UK: Providence Gets Exploration Licence for 103/1 Offshore Block

    12 January 2012

    Providence Resources P.l.c., has been offered an exploration licence over UK seaward block 103/1 in the St George’s Channel Basin, offshore Wales. The offer was made by the UK Government‟s Department of Energy & Climate Change (DECC) following an out of round application by PR Singleton Limited (Operator, 50%) and Star Energy Oil & Gas […]

  • Hydrex Conducts Underwater Propeller Repairs in Belgium and Spain

    7 December 2012
    Business & Finance, Operations & Maintenance

    Recently Hydrex teams carried out underwater propeller operations in Belgium and Spain. In Antwerp the bent blade of a 197-meter dry cargo vessel was straightened. In Algeciras a 183-meter chemical tanker had four of its five propeller blades cropped. Both repairs were carried out on-site and underwater. Underwater propeller blade straightening in Antwerp One of […]

  • Gulfstream LNG project receives export approval

    3 July 2023
    Authorities & Government, Business Developments & Projects, Infrastructure, Regulation & Policy, Rules & Regulation

    Gulfstream LNG, a mid-sized greenfield LNG export project under development in Louisiana, U.S., has received authorization from the U.S. Department of Energy (DOE) to export produced LNG to all existing, and any future countries that have, or will enter, free trade agreement (FTA) with the U.S. This approval, for which the application was filed earlier […]

  • Valaris strikes new long-term deals with ARO Drilling

    4 January 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Offshore rig owner Valaris has been awarded new bareboat charter agreements with ARO Drilling for several jack-up rigs.

  • Drewry: What Will it Take to Sell NOL?

    27 July 2015
    Business & Finance

    The rumoured sale of Singapore-based container shipping company Neptune Orient Lines (NOL) will not go down smoothly as the company’s majority stake owner – Temasek Holdings – is unlikely to accept a low-ball price for this ‘habitual loser,’ according to shipping analyst Drewry. Temasek Holdings, the Singapore government’s investment company, has shareholdings in almost every line […]

  • USA: Shell Alaska Exploration Plan Gets Conditional BOEMRE Approval

    5 August 2011
    Business & Finance

    The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today issued conditional approval for a revised Exploration Plan (EP) submitted by Shell Offshore Inc. (Shell). The plan outlines Shell’s proposal to drill up to four shallow water exploration wells in Alaska’s Beaufort Sea beginning in July 2012. The leases to be explored under the […]

  • USA: Stone Energy Releases Solid Second Quarter Results

    3 August 2012
    Business & Finance, Operations & Maintenance

    Stone Energy Corporation announced financial and operational results for the second quarter of 2012 and provided updated guidance. Some of the highlights include: – Produced 40.5 MBoe (243 MMcfe) per day during the second quarter of 2012, which represents a 4% increase when compared to the second quarter of 2011. The volumes were impacted by […]

  • I.M. Skaugen Posts 1Q13 Results (Norway)

    25 April 2013

      The I.M. Skaugen Group (IMSK) achieved a pre-tax result for 1Q13 of USD25.1 mill, compared to USD0.1 mill in 1Q12. EBITDA was USD3.6 mill for 1Q13 compared to USD5.5 mill in 1Q12. PERFORMANCE 1Q-2013 The performance of gas transportation activity was disappointing in the first quarter of 2013. A number of unplanned shut-downs of […]

  • SAL Schiffahrtskontor Altes Land Launches MV Lone (Germany)

    13 March 2011
    Technology

    She perfectly resembles her sister, is just as strong and can be positioned to maximum precision: SAL Schiffahrtskontor Altes Land puts the new building MV ‘Lone’ into service. Just three months after the German-based heavy-lift shipping company has sent the MV ‘Svenja’ – the world’s largest heavy-lift vessel – on its maiden voyage, the company’s […]

  • MacGregor to Cut 190 Jobs amid Cost Savings

    9 November 2017
    Business & Finance

    MacGregor, part of Cargotec, has informed that it could lay off some 190 employees globally as part of its plans to achieve annual cost savings of around EUR 13 million. MacGregor, which employed globally 1,876 persons at the end of September 2017, said that the measures are estimated to affect especially the operations in Norway, […]

  • Rates for Iron Ore Carriers Set to Increase

    8 August 2014
    Business & Finance

    Ships will be in high demand for carrying iron ore based on the latest announcements from industry players. 600 Capesize carrier cargoes Australia and Brazil seem to be gearing up to bolster their export iron ore tonnage which will see shipping costs surge this year, by 80 pct, reports Bloomberg. Clarkson Plc estimates that Australian […]

  • Seadrill sheds SapuraKencana stake

    28 April 2016

    Offshore drilling contractor Seadrill has sold its remaining stake of approximately 490 million shares in SapuraKencana, an oilfield services company based in Malaysia.  Seadrill said on Wednesday it has sold its 8.2 percent stake in the Malaysian company for approximately $195 million. The offshore drilling contractor noted that the proceeds from the share sale would provide additional […]

  • PacWave wave energy test site readies offshore infrastructure for subsea cables

    17 January 2022
    Business Developments & Projects, Equipment, Operations & Maintenance, Outlook & Strategy, Technology

    The developers of the PacWave South wave energy test site have installed four steel conduits under the seafloor offshore Oregon that will house subsea cables for linking the site with the mainland.

  • USA: ExxonMobil’s 4Q Earnings Rise 2 pct

    31 January 2012
    Business & Finance

    ExxonMobil, an American multinational oil and gas corporation and one of the largest companies in the world by market value, today announced earnings of $9,400 million for the 4th quarter 2011, an increase of 2% or $150 million from the fourth quarter of 2010. Upstream earnings were $8,829 million, up $1,349 million from the fourth […]