1987 results found for 'Lease Sale 193'

1987 results found for 'Lease Sale 193'
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  • Dominion provides update on asset sale process

    1 October 2020
    Business & Finance

    Dominion Energy has just released the latest update related to the pending sale of its gas transmission and storage assets to an affiliate of Berkshire Hathaway Inc. In early July, Dominion announced the agreement to sell all of its gas transmission & storage segment assets including a 25 per cent stake in the Cove Point […]

  • ExxonMobil makes history in Guyana as Liza Destiny FPSO produces first oil

    23 December 2019
    Infrastructure

    The U.S. oil major ExxonMobil has made history as it has started producing first oil from its Liza field offshore Guyana, making the Latin American country an oil-producing nation.

  • DNV Helps Industry in Germany to Introduce LNG as Ship Fuel

    14 August 2013
    Business & Finance

    DNV plays an active role in introducing LNG as ship fuel in Germany by supporting the dedication to reduce harmful emissions from ship operations. “Making technology-based decisions is complex for each individual company, as is finding the right way into the future. We fully support the overall political will and dedication to reduce harmful emissions […]

  • Total hires Deepsea Stavanger rig for drilling ops off South Africa

    12 July 2019
    Business & Finance, Exploration & Production

    Offshore driller Odfjell Drilling has signed a firm contract with French oil major Total for drilling offshore South Africa.

  • Transocean posts $1.7B loss on jack-up fleet impairment

    3 August 2017
    Business & Finance, Exploration & Production

    Offshore driller Transocean posted a net loss of $1,69 billion for the second quarter of 2017, compared to a net income of $82 million in the second quarter of 2016, dragged down by jack-up fleet impairment. Revenues were $751 million, down from $940 million a year ago. Second quarter 2017 results included net unfavorable items […]

  • OW Innovation in Scotland Sees Further Boost from ORE Catapult

    20 June 2018
    Business & Finance, Research & Development, Technology

    On the same day Scottish government informed on awarding GBP 2 million of funding to support innovation in offshore wind, the Offshore Renewable Energy (ORE) Catapult, one of the three awardees, announced a GBP 1.3 million programme of technology innovation projects designed to advance Scotland’s offshore wind sector.

  • Too Early to Declare Victory for Dry Bulk Shipping

    21 August 2015

    The depressed dry bulk shipping market has seen a modest recovery since the beginning of the year, spurred by a push for demolition of older tonnage and a slowdown in ordering new tonnage. Namely, a total of 283 ships were sent for scrap this year, totaling 21.8 million dwt, thus marking a 157% increase in scrapping activity when […]

  • Too Early to Declare Victory for Dry Bulk Shipping

    21 August 2015

    The depressed dry bulk shipping market has seen a modest recovery since the beginning of the year, spurred by a push for demolition of older tonnage and a slowdown in ordering new tonnage. Namely, a total of 283 ships were sent for scrap this year, totaling 21.8 million dwt, thus marking a 157% increase in scrapping activity when […]

  • Brazil: Sevan Driller Back in Action by the End of September

    17 September 2010
    Equipment

    Defects in the riser tensioning systems (DAT cylinders) in the drilling package, have caused a stop in the drilling operation on the Sevan Driller since August 25, 2010. The supplier and the manufacturer of the cylinders have taken corrective actions and are working in close cooperation with Sevan to repair the equipment. During the period […]

  • RS Contributes to Container Transportation Safety Enhancement

    26 August 2013
    Business & Finance

    IMO Maritime Safety Committee by its CSC.1/Circ.143 circular approved Guidelines for Development of ACEP. The document shall play a significant role in enhancing container transportation safety. Approved Continuous Examination Programme (ACEP) allows the owners of containers to organise a more flexible container technical inspection scheme which allows avoiding container withdrawal from the transport process in […]

  • Teekay LNG Reports Cash Flow of USD 44.1 Million (Bermuda)

    23 February 2012

    Teekay GP, the general partner of Teekay LNG Partners today said that during the fourth quarter of 2011, the Partnership generated distributable cash flow of $44.1 million, compared to $39.3 million in the same quarter of the previous year. The increase primarily reflects the incremental distributable cash flow resulting from the November 2010 acquisition of […]

  • Harvey Gulf sells rig towing division

    16 May 2014
    Business & Finance

    Today marks two milestones at Harvey Gulf International Marine. After 59 years of towing drilling rigs, Harvey Gulf has sold its towing division. Harvey Gulf also announced a fourth generation of the Guidry family, Ashton Guidry, son of CEO Shane Guidry, has joined the company. Shane Guidry announced he is continuing the transformation of Harvey […]

  • Norway: Statoil Reports Growth in Fourth Quarter of 2011

    8 February 2012
    Business & Finance, Operations & Maintenance

    Statoil’s fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010. In 2011, net operating income was NOK 211.8 billion compared to NOK 137.3 billion in 2010. “Statoil delivered record financial results, further improved safety and made important strategic progress in […]

  • Majority of Ships Still Scrapped in South Asia

    25 April 2017
    Business & Finance

    A total of 128 end­-of-­life ships were sold for scrap to the South Asian beaches during the first quarter of 2017, according to the data collected and analysed by the NGO Shipbreaking Platform. The number represents 65 percent of ships which reached the shores of Bangladesh, India and Pakistan, out of a total of 196 vessels sold for demolition worldwide during the […]

  • Boutique bank Moelis wins advisory role for mammoth Saudi Aramco IPO

    9 February 2017

    Boutique investment bank Moelis & Co has been chosen as an adviser by Saudi Aramco [IPO-ARMO.SE] on what is expected to be the world’s biggest initial public share offering, sources familiar with the matter told Reuters.

  • Danish Ship Finance: Shipyards Could Be Left without Orders by 2017

    18 May 2016

    It is essential that new orders are placed within the next three to six months for the yard industry to fill up its orderbooks for 2017, according to Danish Ship Finance. The orderbook is rapidly approaching the low levels seen at the start of 2013, but 2016 looks to be a reasonable year for shipbuilding based solely on the amount of […]

  • Norway: Offshore pay talks break ‘after a few seconds’

    30 May 2016

    Pay talks in Norway between offshore workers and employers scheduled for Monday, May 30, have broken down before they even started.

  • Aker Solutions secures contracts for offloading systems

    27 August 2008

    26 August 2008 – Aker Solutions has been awarded several contracts for supply of offloading systems. The total contract value for Aker Solutions is approximately NOK 85 million. The contract awards are from the Joint Venture Euronav/OSG and MODEC International LLC for the supply of offloading systems. The Euronav/OSG contract consists of offloading systems for […]

  • UK: Centrica Releases Interim Management Statement

    11 May 2012

    Centrica has published an interim management statement. “Overall, Centrica is trading in line with expectations, with the benefit of higher wholesale gas and power prices upstream broadly offsetting the impact of mild weather in the first quarter on the downstream business. We are beginning to see a contribution from our recent acquisitions, in both UK […]

  • Drewry: Ocean carriers close 2021 with $190 billion profit

    23 February 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy

    Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.

  • UK: Future Looks Great for Aberdeen Harbour

    23 February 2012

    Peterson SBS announces a £1.5 million capital investment in its quayside operations at Aberdeen Harbour. The company has leased a further two berths from Aberdeen Harbour Board and has secured additional accommodation, including a transit warehouse for the receipt and containerisation of items and equipment consigned for offshore and international distribution and office accommodation for […]

  • UK: Pirate Attacks on World’s Seas Total 266 in First Six Months of 2011

    18 July 2011
    Business & Finance

    Pirate attacks on the world’s seas totalled 266 in the first six months of 2011, up from 196 incidents in the same period last year, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) Piracy Reporting Centre (PRC) revealed today. More than 60% of the attacks were by Somali pirates, a majority of which […]

  • Ocean Rig UDW Reports Strong Quarter

    9 August 2013
    Business & Finance

    Ocean Rig UDW Inc., an international contractor of offshore deep-water drilling services today announced its unaudited financial and operating results for the second quarter ended June 30, 2013. The Company recorded a net income of $38.8 million, or $0.29 basic and diluted earnings per share, for the three-month period ended June 30, 2013, as compared […]

  • Britain Is Only Just Beginning to Exploit Its Vast Resources of Offshore Wind

    19 August 2016

    Below, we bring an article on the UK’s offshore wind energy status and potential, written by Simon Watson, Professor of Wind Energy at Loughborough University, and originally published by The Conversation. In 1993, nine 300kW turbines were installed on the eastern pier at Blyth Harbour, near Newcastle on England’s east coast. One can question whether this […]

  • Transocean bags Petrobras contracts for ex-Ocean Rig drillships

    11 March 2019
    Exploration & Production

    Offshore drilling giant Transocean has secured contracts for ultra-deepwater drillships, the Ocean Rig Corcovado and Ocean Rig Mykonos with Brazil’s Petrobras.