1987 results found for 'Lease Sale 193'

1987 results found for 'Lease Sale 193'
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  • Higher utilization lifts Helix Energy’s profit

    22 October 2019
    Business & Finance

    Houston-based Helix Energy Solutions recorded an increase in its quarterly profit boosted by higher utilization in the well intervention business in the Gulf of Mexico and Brazil.

  • TotalEnergies buying stake in Adani to bring forth ‘largest green hydrogen ecosystem in the world’

    14 June 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Transition

    TotalEnergies has inked a deal to acquire a stake in Adani’s subsidiary to produce and commercialize green hydrogen in India.

  • UK: EnerMech Secures Loan for New Equipment and Facilities

    14 December 2011
    Business & Finance

    Mechanical engineering services company, EnerMech Ltd, will finish the year with a 100% increase in sales, with 2011 revenue expected to top £103 million compared to £49.5 million last year.  The Aberdeen-based company forecast for 2011 will deliver a £10 million profit (EBITDA*) and said revenue next year would increase to £142 million with profits […]

  • Five Marine Energy Developers to Share £7.9Mln Funding (UK)

    29 August 2012
    Business & Finance, Equipment, Research & Development

    Five marine energy developers will benefit from £7.9 million funding to further develop testing of new wave and tidal prototypes in the seas around Scotland, Deputy First Minister Nicola Sturgeon has announced. The second round of WATERS (Wave & Tidal Energy: Research, Development & Demonstration Support) funding is to enable Scottish developers and supply chain […]

  • Scottish Government Awards GBP 7.9 Million Funding to Five Marine Energy Developers

    29 August 2012
    Authorities & Government, Business & Finance

    Five marine energy developers will benefit from £7.9 million funding to further develop testing of new wave and tidal prototypes in the seas around Scotland, Deputy First Minister Nicola Sturgeon has announced. The second round of WATERS (Wave & Tidal Energy: Research, Development & Demonstration Support) funding is to enable Scottish developers and supply chain […]

  • ORN Reports Solid Performance

    5 November 2015
    Business & Finance

    Orion Marine Group, Inc. (ORN), today reported net loss for the three months ended September 30, 2015, of $7.4 million ($0.27 diluted loss per share). These results compare to net income of $3.0 million ($0.11 diluted earnings per share) for the same period a year ago. “As previously discussed, significant cost increases on five projects […]

  • BW Energy getting Aquadrill’s semi-sub for $14 million

    26 October 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    BW Energy has signed an agreement with Aquadrill to buy a semi-submersible drilling rig, Leo, for $14 million, planning to repurpose it for the Kudu development.

  • Works get underway to transform Pembroke Port into Welsh marine energy hub

    25 November 2021
    Authorities & Government, Business Developments & Projects, Infrastructure, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vision

    Works to redevelop areas within Pembroke Port and create the infrastructure needed to support the development of a world-class marine energy hub have started.

  • Hercules Offshore: 2Q Net Income at $16.6 Million

    31 July 2013
    Business & Finance

    Hercules Offshore, Inc. today reported net income from continuing operations of $16.6 million, or $0.10 per diluted share, on revenue of $211.5 million for the second quarter 2013, compared with a net loss from continuing operations of $52.5 million, or $0.33 per diluted share, on revenue of $154.5 million for the second quarter 2012. As outlined in the Reconciliation of GAAP to Non-GAAP Financial […]

  • Gabon offers five deepwater blocks in 11th licensing round

    28 October 2015

    Gabon has launched its 11th Licensing Round offering five deepwater blocks in the South Gabon Salt Basin. The round was formally opened on October 27, 2015, by the Gabon’s Minister for Petroleum and Hydrocarbons, Etienne Dieudonné Ngoubou at the 22nd Africa Oil Week conference in Cape Town, South Africa. Minister Ngoubu said: “The Oil Ministry has very […]

  • Suezmax Tanker Market on the Rebound

    6 October 2014
    Business & Finance

    This year has seen a major comeback of the Suezmax tanker market prompted by the recent surge in newbuilding orders, after three years of very few orders, according to London-based shipbroker Gibson. The “mini” surge in the newbuilding market, caused by more regular spikes in the spot market, has seen 24 vessels placed for the year to date. With […]

  • Prysmian Reports Results for First Half of 2011 (Italy)

    29 August 2011
    Business & Finance, Operations & Maintenance

      The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio Battista. “The […]

  • Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

    12 August 2024
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Transition

    European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.

  • USA: Schlumberger Reports Third-Quarter Results

    21 October 2011
    Business & Finance, Operations & Maintenance

    Schlumberger Limited reported third-quarter 2011 revenue of $10.23 billion versus $9.62 billion in the second quarter of 2011, and $6.85 billion in the third quarter of 2010. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.32 billion—an increase of 12% sequentially and 51% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges […]

  • MSC Armonia Becoming Bigger and Greener

    11 September 2014
    Business & Finance

    The first of four MSC Cruises ships to undergo the Renaissance Programme of enhancements was on Wednesday physically extended by 24 metres under the watchful gaze of international journalists, MSC said. The remarkable feat of engineering, which took place at the Fincantieri shipyard, in Palermo, Sicily, saw the 14,000 tonnes separated bow of MSC Armonia […]

  • Billion Barrel Oil Potential in FAR’s Offshore Guinea Bissau Blocks

    5 February 2014
    Business & Finance

    FAR, an independent oil and gas explorer with high impact assets in East and West Africa, has completed detailed geotechnical studies and assessed significant hydrocarbon resource potential in its Guinea Bissau 3 blocks offshore, Sinapa Block 2 and Esperanca Blocks 4A/5A in West Africa. FAR’s hydrocarbon resources assessment is unaudited. The existing East Sinapa oil […]

  • Saipem to cut capex, focus on core business. New logo revealed

    28 October 2015
    Business & Finance

    Saipem, the Italy-based oilfield services provider, has revealed its strategic plan for 2016-2019, that the company hopes will make it leaner, more competitive and ready to react to the energy market recovery.  The company feels the oil market could start recovering gradually in 2017. In line with the new strategy, the company has also revealed […]

  • The Netherlands: IHC Merwede Posts 2010 Net Profit of EUR 99 Million

    1 April 2011
    Business & Finance

      IHC Merwede develops and builds innovative vessels, advanced equipment and life-cycle support services for the dredging, mining and offshore industries. These markets have remained relatively stable in recent years and are now showing signs of growth. As a result, IHC Merwede has been able to maintain its revenue and increase its profitability. The company […]

  • EDP Renewables wraps acquisition of major Asian floating solar player

    24 February 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition

    EDP Renewables (EDPR) has met all regulatory conditions to acquire a 91% stake in Sunseap, the largest distributed solar power operator and the fourth largest solar power operator in Southeast Asia.

  • USA: GE to Acquire Lufkin Industries

    8 April 2013

    GE and Lufkin Industries Inc. announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for each of their Lufkin shares. […]

  • GE to Buy Lufkin Industries for $3.3 Billion (USA)

    8 April 2013
    Business & Finance, Equipment

    GE  and Lufkin Industries Inc.  announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for each of their Lufkin shares. […]

  • Foster Wheeler Names Umberto della Sala Interim CEO (Switzerland)

    25 October 2010

    Foster Wheeler AG announced today that Umberto della Sala, 62, has been named Interim Chief Executive Officer, effective October 22. Mr. della Sala fills the CEO position vacated by Robert C. Flexon, who left the company on October 22 to pursue other interests. The company has begun an external search to find a permanent Chief […]

  • China: CIMC Raffles Seals Deal with Frigstad

    14 January 2013

    Subsidiaries of Frigstad Deepwater Ltd have entered into turnkey construction contracts for the delivery of two ultra deepwater semi-submersible drilling units from CIMC Raffles in Yantai, China, with options for another four units. The 7th generation drilling units are of the Frigstad D90™ design, developed by Frigstad Engineering and tailor made for safe and efficient […]

  • South Korea: DSME Orders Equipment from Rockwell Automation

    5 September 2013
    Business & Finance

    Daewoo Shipbuilding & Marine Engineering (DSME), a South Korean shipbuilder established in 1973 in South Korea, has awarded a $6.7 million+ order to Rockwell Automation. Rockwell Automation will deliver fully integrated safety solutions for Transocean, a leading international provider of offshore contract drilling services for energy companies, and an important DSME customer. Rockwell Automation will […]

  • Frigstad Orders Two Rigs from CIMC Raffles (China)

    14 January 2013
    Business & Finance

    Subsidiaries of Frigstad Deepwater Ltd have entered into turnkey construction contracts for the delivery of two ultra deepwater semi-submersible drilling rigs from CIMC Raffles in Yantai, China, with options for another four units. The 7th generation drilling units are of the Frigstad D90™ design, developed by Frigstad Engineering and tailor made for safe and efficient […]