1990 results found for 'Lease Sale 193'

1990 results found for 'Lease Sale 193'
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  • BP goes all-in with plans to invest over $22 billion in UK energy

    4 May 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Ports & Logistics, Project & Tenders, Rules & Regulation, Transition, Vessels

    BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.

  • Shelf Drilling clinches 10-year rig job

    6 May 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shelf Drilling has secured a ten-year contract extension for a jack-up rig in direct continuation of its current contract in the Arabian Gulf.

  • Government Invests Big in New Flood Defenses

    5 December 2014
    Business & Finance

    Homes, businesses and farmland from Lancashire to Essex will be better protected from floods by a six-year £2.3 billion flood defense program announced by the government. This first ever long-term investment program will protect over 300,000 properties, reduce flood risk by 5% and save the economy £2.7 billion by 2021. The lifetime benefits of this […]

  • Bahri, Vela Plan USD 1.3 Billion Merger for Their Fleets and Operations (UAE)

    28 June 2012
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) and Saudi Aramco signed yesterday (June 27th , 2012) a non-binding memorandum of understanding (MOU) to pursue the merger of the fleets and operations of Bahri and Vela International Marine Ltd., a wholly owned subsidiary of Saudi Aramco. The proposed merger would create a large and more […]

  • Petrobras to auction off ultra-deepwater drillship

    26 July 2019
    Exploration & Production

    Brazilian oil company Petrobras is seeking to auction off a 2010-built ultra-deepwater drillship.

  • MX Oil’s Aje stake sale suffers setback

    30 March 2016

    MX Oil, an oil and gas exploration company, has informed that the sale of its 5% non-operated interest in the Aje Field, offshore Nigeria, has been delayed as the buyer is still gathering funds for the acquisition.  MX Oil agreed to sell its interest in the OML 113 licence offshore Nigeria, which includes the Aje Field, to GEC Petroleum […]

  • Odfjell Drilling profit up despite oil price turmoil and COVID-19

    13 May 2020
    Business & Finance, Business Developments & Projects

    Due to the limited impacted of the COVID-19 outbreak during the first quarter of 2020, offshore drilling contractor Odfjell Drilling was able to post a higher profit than in the first quarter of 2019.

  • Norway: Bonheur Announces Results for First Three Months

    10 May 2012

    As a consequence of Bonheur ASA holding more than 50% of the shares of Ganger Rolf ASA, Ganger Rolf ASA is fully consolidated for accounting purposes as a subsidiary of Bonheur ASA. As Bonheur ASA and Ganger Rolf ASA have a joint ownership of their major investments, the ownership structure entails full consolidation for accounting […]

  • UK: GEOSHIPS Acquires US-based Brooklyn Shipping Ltd

    3 June 2011
    Business & Finance

    Aberdeen-based SeaHold GEOSHIPS Limited (GEOSHIPS) has announced the acquisition of marine management services company Brooklyn Shipping Ltd (BSL). The acquisition is expected to lead to BSL’s staff numbers more than doubling to 80 this year and also contribute to a significant increase in GEOSHIPS’ pre-tax earnings on its projected turnover of nearly £50million for 2012. […]

  • U.A.E: Unique Maritime Group Introduces Light Weight Taut Wire MK 15 B

    29 February 2012
    Business & Finance, Equipment

    Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, announced today the introduction of the Light Weight Taut Wire MK 15 B to their rental pool inventory. The Light Weight Taut Wire Mk 15B is a position-reference system used extensively with Dynamic Positioning of vessels, which is designed to […]

  • Seaspan wins LR AiP for ammonia-powered 3,100 TEU feeder

    18 September 2024
    Certification & Classification, Infrastructure, Regulation & Policy, Vessels

    Classification society Lloyd’s Register (LR) has awarded approval in principle (AiP) to Hong Kong-based containership lessor Seaspan Corporation for its dual-fuel ammonia-powered next-generation feeder ship design.

  • Lysblink Seaways Ready for Towage

    25 February 2015

    The Lysblink Seaways is going to be moved this afternoon after 153 tons of fuel oil was successfully pumped from the grounded ship onto the tug Kingdom of Fife, the UK Coastguard updates. Hugh Shaw, the Secretary of State’s Representative for Maritime Salvage & Intervention has authorised the move which should have begun around 2 pm GMT […]

  • Deepwater Horizon oil spill caused permanent damage to Gulf shore’s marshes, study says

    29 September 2016
    Exploration & Production

    A new Duke University-led analysis of 270 miles of the Louisiana, Mississippi and Alabama coasts has concluded that the Deepwater Horizon oil spill six years ago caused widespread marsh erosion that may be permanent in some places.  On April 20, 2010, an explosion on the Deepwater Horizon offshore oil rig killed 11 workers and pumped more than […]

  • Germany: Biggest Containership UMM SALAL Enters Port of Hamburg on Her Maiden Voyage

    10 June 2011
    Business & Finance

      On 7 June 2011 the UMM SALAL, the biggest containership to date belonging to United Arab Shipping Company (UASC), tied up in the Port of Hamburg on her maiden voyage. The giant container ship, with a capacity of 13,100 TEU (20 foot standard containers) was handled at Eurogate Container Terminal Hamburg (CTH). The UMM […]

  • ABB to Service 16 PEMEX’s Offshore Platforms (Mexico)

    13 September 2012
    Business & Finance

    ABB, the leading power and automation technology group, has won an order worth $16 million for the renewal of a lifecycle service contract to maintain and upgrade automation equipment installed on sixteen offshore production platforms in PEMEX’s Cantarell and Ku-Maloob-Zaap Oil Fields. The contract renewal is for four years. Cantarell and Ku-Maloob-Zaap are the largest […]

  • Lundin sees increase in reserves and contingent resources

    14 January 2019

    Lundin Petroleum has identified an increase in reserves and contingent resources at the end of 2018, mostly due to reserves additions from the Johan Sverdrup and Edvard Grieg as well as from the Alvheim area.

  • Santos Increases 2P Reserves, Australia

    22 February 2013

     Santos said that proved and probable (2P) hydrocarbon reserves increased to 1,406 million barrels of oil equivalent (mmboe) as at the end of 2012. This represents a 2P reserves replacement ratio of 180% and provides a reserves life of 27 years based on 2012 production of 52.1 mmboe. 2012 continued Santos’ consistent track record of […]

  • Qatar: LNG Brings In About 40 Percent of Total Revenue, KFH-Research Says

    16 October 2012
    Research & Development

    KFH-Research issued a report regarding the developments of the Qatari economy and its growth indicators, where it expected the total GDP growth to slow down in 2012 compared to the registered rate last year, due to an increase in overseas risks. Such risks can lead to a drop in oil and gas prices, in addition […]

  • Report: Petrobras sells ultra-deepwater drillship for $15 million

    31 October 2019
    Exploration & Production

    Brazilian oil company Petrobras has reportedly managed to sell the ultra-deepwater drillship after its first auction received no bids.

  • Frank Bünte joins Rickmers Group from HSH Nordbank

    1 February 2011

    Frank Bünte has joined the Management Board of the Rickmers Group as Chief Treasury and Risk Officer. Previously he was with HSH Nordbank AG, where he was latterly responsible for the bank’s entire domestic shipping company business. “Acting in concert with the existing management team, Mr Bünte will drive forward the consolidation and expansion of […]

  • Jadestone restarts Montara production

    11 January 2019

    Jadestone Energy has restarted oil production from the Montara offshore oil field in Australia. The field had been shut for maintenance and inspection since November 2018.

  • Report: Korea Shipping to Buy Up to 10 HMM Vessels

    14 February 2017
    Business & Finance

    The state-backed ship financing company Korea Shipping is looking to buy up to ten container vessels operated by Hyundai Merchant Marine (HMM), and lease them back to the shipping firm. The financing company, which was established in January 2017 to help local shippers and shipbuilders amid a lengthy depression seen by the industry, would also purchase HMM’s stocks […]

  • Chevron buys stake off Mauritania

    4 February 2015
    Business & Finance

    Chevron’s subsidiary Chevron Mauritania Exploration Limited has reached an agreement to acquire a 30 percent non-operated working interest in Blocks C8, C12 and C13 offshore Mauritania from Kosmos Energy. According to Chevron, the transaction is subject to the approval of Mauritania’s government. Blocks C8, C12 and C13 cover a contiguous area of approximately 6.6 million […]

  • Vaalco seeks London listing ‘to support growth strategy’

    16 September 2019
    Business & Finance

    Houston-based oil and gas company Vaalco Energy has revealed its intention to list on the main market of the London Stock Exchange (LSE) to broaden shareholder base and access future capital to support growth strategy. 

  • CNL Software and Western Advance Secure LNG PSIM Project in Australia

    29 October 2013

    CNL Software, a world leader in Physical Security Information Management (PSIM) software, said that it has partnered with Western Advance, a specialist supplier and integrator to the oil and gas, mining, defense, airports, maritime and critical infrastructure protection sectors. The two companies will commence work on an integrated PSIM solution for one of the largest […]