1987 results found for 'Lease Sale 193'

1987 results found for 'Lease Sale 193'
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  • Schlumberger Acquires Remaining Shares in Norway-Based Framo Engineering AS

    29 June 2011
    Business & Finance

    Schlumberger announced today the acquisition of the remaining equity shares from Frank Mohn AS in Framo Engineering AS—a privately owned Norwegian company specialized in the business of developing, manufacturing and selling products and services relating to multiphase pumps and subsea pump-systems, multiphase metering systems, and swivels and marine systems to the oil and gas industry. […]

  • Cheoy Lee Shipyards Delivers Tug ‘SL Jamba’ to Smit Lamnalco

    12 December 2013
    Business & Finance

    The new RAstar 3200 tug SL Jamba was recently delivered to its owners Smit Lamnalco. Constructed at Cheoy Lee Shipyards Ltd., she will soon be joined by three more sister tugs for the same owner. These powerful tugs will assist berthing and unberthing of LNG carriers at new export facilities being developed in Papua New […]

  • Another Migrant Rescue Vessel to Arrive in Spain

    2 July 2018

    A boat carrying 59 migrants rescued in the Mediterranean granted to dock in the Port of Barcelona.

  • Essar Energy Secures Raniganj CBM Field Environmental Clearance, India

    4 March 2013

      Essar Energy, the India-focused integrated energy company, said that it has been granted phase III environmental clearance for its coal bed methane (CBM) gas field at Raniganj, West Bengal, allowing it to increase drilling to 650 wells. This environmental clearance allows the full field development of the Raniganj block, excluding forest area, and will […]

  • Hanjin, HMM Bleed Red in Q1

    17 May 2016
    Business & Finance

    South Korean financially-troubled container shipping companies Hanjin Shipping and Hyundai Merchant Marine (HMM) have concluded the first quarter of this year by booking more losses. HMM’s operating loss for the quarter hit KRW 162.9 billion (USD 139 million) against KRW 253.5 billion from the corresponding period last year. Its net loss dived to KRW 276,1 billion further widening […]

  • GasLog Q1 Profit Up

    15 May 2014

    GasLog, an international owner, operator and manager of LNG tankers, posted a profit of $6.3 million for the first quarter of 2014, compared to $5.9 million in the same quarter a year ago. First quarter 2014 highlights: • Announced the acquisition of three vessels from a subsidiary of BG Group for $468 million, with time […]

  • ConocoPhillips maintains steady profit

    30 July 2019
    Business & Finance

    ConocoPhillips recorded a similar profit in the second quarter 2019 to the one made in the same period last year as lower oil prices were offset by higher volumes. 

  • Noble Energy CEO sets retirement date

    15 April 2014
    Business & Finance

    Noble Energy, Inc. today announced that Charles D. Davidson, Chairman and Chief Executive Officer, plans to retire May 1, 2015, and that he will leave the Board of Directors at that time.

  • Demand for Container Shipping Outstripping Supply

    18 August 2014

    The demand side for container shipping continues to improve on a global scale. The winter weakness in the US and still-sluggish demand in Europe has been offset by continued strong demand on North-South trades in the Atlantic basin and improving conditions on the ever-strong intra-Asian trading lanes, the Baltic and International Maritime Council (BIMCO) said in […]

  • Maersk Supply Service hand-picks UK firm for ‘complex’ ultra-deepwater job at Brazil’s huge oil field

    25 September 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Maritime Developments Limited (MDL) has been tasked with providing horizontal subsea umbilicals, risers, and flowlines (SURF) lay spread onto an I-class subsea support vessel to assist Denmark-headquartered Maersk Supply Service (MSS) with a solution development scope at a giant oil field in the pre-salt Santos Basin off the coast of Brazil.

  • Swiber Delivers Record-High Revenue and Net Profit, Singapore

    27 February 2013
    Business & Finance, Operations & Maintenance

    Swiber Holdings Limited (“Swiber” or together with its subsidiaries, “the Group”), a world class integrated construction and support services provider to the offshore oil and gas industry, today reported that the Group has hit a record for both revenue and net profit in FY2012, the highest since its listing in 2006. Net profit surged 48.3% […]

  • SSE sheds North Sea fields to focus on renewables

    31 December 2020
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    Scotland-based energy company SSE plc has agreed to sell all of its interests in its portfolio of gas exploration and production assets to Viaro Energy

  • Drewry: Costly US Shale Oil Good News for Tanker Operators

    2 June 2015

    A key driver of future tanker shipping earnings will be the extent to which US shale oil production is taken out of service, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry. Tanker operators are pinning their hopes on a rise in US crude oil imports as domestic shale oil extraction […]

  • Hydrex Carries Out Underwater Stern Tube Seal Repairs in Panama and UAE

    12 September 2012

    In July, Hydrex diver/technician teams carried out underwater stern tube seal repairs on a 271-meter oil tanker in Fujairah, and on a 195-meter roro vessel in Panama. Because both vessels were experiencing oil leaks, a fast repair was required by the classification societies. Using the company’s flexible mobdocks, Hydrex teams were able to perform both […]

  • Hydrex Conducts Underwater Stern Tube Seal Repairs in Panama and UAE

    31 August 2012
    Business & Finance

    In July, Hydrex diver/technician teams carried out underwater stern tube seal repairs on a 271-meter oil tanker in Fujairah, and on a 195-meter roro vessel in Panama. Because both vessels were experiencing oil leaks, a fast repair was required by the classification societies. Using the company’s flexible mobdocks, Hydrex teams were able to perform both […]

  • Bassoe: Offshore rig market to reach 85% utilization again

    4 October 2017
    Exploration & Production

    By: David Carter Shinn High rig utilization isn’t just a dream. It’s a requirement for a meaningful recovery in dayrates. When utilization in the offshore rig market reaches around 85%, dayrates start to rise significantly. As utilization moves from 60%, for example, up toward over 80%, dayrates increase, but once 85% utilization is reached, dayrates normally […]

  • Cathelco Supplies Pipework Anti-Fouling Systems for Six Russian Frigates

    31 October 2013
    Business & Finance

    Cathelco are supplying seawater pipework anti-fouling systems for six frigates which are being built for the Russian Navy’s Black Sea Fleet by the Yantar Shipyard in Kaliningrad. The keel of the first warship, the Admiral Grigorovich, was laid down in 2010 and delivery of all of the vessels is scheduled between 2014 and 2016. The […]

  • Shell: Australian downstream sale will not affect upstream operations

    21 February 2014
    Business & Finance

    Shell today announced it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2.9 billion (US$2.6 billion). The sale covers Shell’s Geelong Refinery and 870-site retail business – along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in […]

  • Jack-up pair passes into ADES’ possession but remains part of Vantage Drilling’s managed rig fleet

    9 September 2024
    Business & Finance, Business Developments & Projects

    Vantage Drilling has embarked on a process to divest two jack-up rigs, which will get ADES as their new owner. However, Vantage will continue to manage the rigs for three years.

  • PGS and Joseph Exploration set up Gulf of Mexico collab

    24 May 2021
    Business Developments & Projects, Collaboration

    PGS and Joseph Exploration (JEX) have established a technical collaboration in the West Cameron protraction area in the Gulf of Mexico. Under the agreement, PGS will provide seismic data from the MultiClient 3D Flex Trend dataset for prospect development work to be undertaken by JEX. PGS’ processing and imaging experts and JEX technical team will work […]

  • South Korea’s HHI Wins Aasta Hansteen Topsides Order from Statoil

    21 January 2013
    Business & Finance

    South Korea’s Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and leading offshore facilities contractor has announced the Company, as a  sole EPIC contractor, won a USD 1.1 billion order for the topside facility to be installed on the Aasta Hansteen spar hull, also being built by HHI from Statoil on January 18. The 21,000-ton […]

  • U.S. Coast Guard Gets Seventh FRC

    21 August 2013

    Bollinger Shipyards, Inc. has delivered the CHARLES DAVID JR, the seventh Fast Response Cutter (FRC) to the United States Coast Guard. The announcement was made by Bollinger executive vice president of new construction, Chris Bollinger, “We are very pleased to announce another successful on-time and on-budget FRC delivery to the Coast Guard. The CHARLES DAVID […]

  • Hapag-Lloyd’s Quarterly Profit Up

    14 November 2016
    Business & Finance

    As the first nine months of 2016 were dominated by the disappointing result development seen during the first two quarters of the year, German shipping major Hapag-Lloyd ended the nine-month period with a net loss of EUR 133.9 million (USD 144 million). While this represented a significant drop from a net profit of EUR 160.4 million […]

  • Total selling UK North Sea fields to Serica

    3 August 2018

    Serica will take over a 42.25% interest in the Bruce field and a 25% interest in the Keith field and associated infrastructure.

  • NADL: Statoil ends West Venture rig contract after 15 years

    27 August 2015
    Exploration & Production

    West Venture, a semi-submersible drilling rig, has ended its adventure with Norway’s largest oil company Statoil, after fifteen years in service. The owner of the rig, North Atlantic Drilling Limited (NADL), said on Thursday the rig had completed its contract. The rig, built in 2000, is now undergoing preparations to remain idle in Norway with […]