1983 results found for 'Lease Sale 193'

1983 results found for 'Lease Sale 193'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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.

  • Denmark: DONG Fights Weather Conditions During Anholt Wind Turbines’ Installation

    13 November 2012

    On 3rd September 2012, the first wind turbine was installed at Anholt offshore wind farm, and since then, another nine complete wind turbines have been installed. Consequently, on 5th November 2012, ten complete wind turbines plus one tower, including nacelle, have been installed. Five of these wind turbines have already been connected to the grid […]

  • Bibby Reconstructs North Sea Diving Incident

    24 September 2015
    Business & Finance, Equipment, Operations & Maintenance

    On an evening in September 2012, a rare sequence of events left one of Bibby Offshore’s saturation divers stranded in complete darkness, 90 metres below the surface of the North Sea, without any gas to breathe. The diver was rescued and recovered fully, but Bibby Offshore wanted to share its experience and the lessons learnt […]

  • 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 […]

  • Ashtead and Forum Join Forces

    8 December 2017
    Business & Finance, Equipment, Operations & Maintenance

    Ashtead Technology and Forum Energy Technologies have agreed to form a joint venture to create subsea survey and ROV equipment rental and associated services. Forum will contribute its subsea rentals business, currently trading as Forum Subsea Rentals. The combined group, with a rental fleet of 19,000 assets valued in excess of USD 139 million will […]

  • Lower Margins and Oil Price Decline Push Fincantieri into Red

    11 November 2015
    Business & Finance

    Italian shipbuilding conglomerate Fincantieri posted a loss of EUR 96 million (USD 103 million) for the nine months ending September 30, 2015, against a profit of 42 million recorded in the corresponding period last year. Fincantieri said in its results that the result would have been a loss of EUR 73 million, against EUR 67 million […]

  • Climate policies should focus on demand as falling costs make new oil cheaper to produce, Rystad says

    17 November 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    An analysis of the annual cost of supply by Rystad Energy has revealed that costs within the upstream sector have come down considerably in 2021.

  • 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. […]

  • Panama Canal Expansion Program 2010

    21 June 2010
    Business & Finance, Project & Tenders

    ACP personnel is responsible for all dredging work to be conducted for the deepening and widening of Gatun Lake, as well as the deepening of Culebra Cut, from which 27 million cubic meters of material will be removed. To complete this project, the ACP is using the drill boats Thor and Baru and dredges Mindi […]

  • ONGC borrows $2.5B to pay for Rovuma field stake

    14 February 2014

    ONGC Videsh Limited (OVL), the overseas arm of Oil and Natural Gas Corporation Limited (ONGC), has entered into separate agreements with two consortiums of international banks to raise USD 2.5 billion by way of offshore borrowings to finance its acquisition of 10% participating interest in Rovuma Area I Block in Mozambique offshore. The first facility […]

  • Rockwell Automation Secures Order from DSME

    4 September 2013
    Business & Finance, Project & Tenders

    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 […]

  • Bollinger Delivers Fifth FRC to US Coast Guard

    26 March 2013
    Business & Finance

    Bollinger Shipyards, Inc. has delivered the MARGARET NORVELL, the fifth 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 delivery to the Coast Guard. The MARGARET NORVELL was delivered to the […]

  • USA: Mercom Announces Report on Funding and M&A Activity for Wind Energy Sector

    18 April 2012
    Business & Finance

    Mercom Capital Group, llc, a global clean energy communications and consulting firm, today released its report on funding and merger and acquisition (M&A) activity for the wind energy sector for the first quarter of 2012. Venture capital (VC) funding in the first quarter came in strong with $240 million going into a record number of […]

  • Shimmer and Shine

    25 May 2015

    The first months of 2015 have been very eventful for Dutch shipyard Amels. Both Madame Kate as well as the new Amels 180 have been launched at the company’s yard in Vlissingen and at least ten more new builds are on their way, says Amels. First, Madame Kate was revealed on 31 January 2015, which […]

  • ExxonMobil Sees 65 Pct Rise in Gas Demand by 2040

    13 December 2013

    The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ExxonMobil’s Outlook for Energy: A View to 2040. “Understanding global energy trends is absolutely critical for effective energy […]

  • ExxonMobil: All Forms of Energy Needed to Meet Increasing Demand

    13 December 2013

    The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ExxonMobil’s Outlook for Energy: A View to 2040, which was released yesterday. “Understanding global energy trends is absolutely critical for […]

  • Transocean’s New Drillships Get Rockwell Automation Safety Solutions

    4 September 2013
    Business & Finance, Equipment

    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 […]

  • Maersk Line Is Profitable Again

    16 August 2017
    Business & Finance

    Danish container shipping major Maersk Line returned to profit, CEO of A.P. Møller – Mærsk A/S, Søren Skou, said announcing the group’s results for the second quarter of 2017. “Maersk Line is again profitable delivering in line with guidance, with revenue growing by USD 1bn year-on-year in the second quarter. The profit was USD 490 […]

  • Philly Shipyard Reports Rise in Profits, Revenues

    16 February 2018
    Business & Finance

    Philly Shipyard achieved record high revenues and profits in 2017.