1987 results found for 'Lease Sale 193'

1987 results found for 'Lease Sale 193'
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  • Australia: Santos to Use Stena Clyde Rig for Drilling of Finucane South-1 Exploration Well

    21 April 2011
    Business & Finance

      Tap Oil Limited announced that Santos, the operator of the WA-191-P joint venture, has advised that the Finucane South-1 exploration well will be drilled using the Stena Clyde semi-submersible drilling rig immediately following the conclusion of rig operations on the Zola-1 well (WA-290-P). The Finucane South prospect is located at the northern end of […]

  • World Wide Supply lays up two PSVs

    27 May 2015
    Business & Finance

    World Wide Supply, a Norwegian offshore service vessel company, has laid up two platform supply vessels due to a weak offshore spot market. The World Diamond and World Pearl vessels, both PSVs of the DAMEN PSV 3300 CD design, served a contract for GDF Suez in the North Sea through January and half of the February this year, […]

  • KBR takes on more work at Shell’s giant gas project in Trinidad and Tobago

    14 October 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    U.S. science, technology, and engineering player KBR has won an engineering and procurement services contract for upgrade work related to a gas development project, which is envisioned to boost the liquified natural gas (LNG) arsenal in Trinidad and Tobago. KBR will work on the Beachfield Manatee upgrade, which represents the onshore portion of the Manatee gas […]

  • Navy to Name Next Independence Variant LCS USS Gabrielle Giffords

    13 February 2012

    The next Independence variant littoral combat ship (LCS) will be named the USS Gabrielle Giffords, said Secretary of the Navy Ray Mabus last week. The selection of Gabrielle Giffords, designated LCS 10, honors the former Congresswoman from Tucson, Ariz., and who is known for supporting the military and veterans. Mabus also announced the ship’s sponsor […]

  • Teekay LNG’s net income slides in Q4

    22 February 2018

    Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a 53 percent drop in its net income in the fourth quarter of 2017. Bermuda-based Teekay LNG posted a quarterly net income of $39.9 million as compared to $84.4 million in the fourth quarter of 2016. Adjusted net income stood at $34 million in […]

  • TotalEnergies doles out $199 million for lion’s share in Vantage drillship

    7 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies is in the process of acquiring a majority stake from Vantage Drilling International in a drillship working in Namibia.

  • IHC Merwede and T-Rubber Extend Purchasing Agreement

    9 July 2013

    IHC Merwede and T-Rubber have announced that they have strengthened their ongoing business relationship with an extension to the Purchasing Cooperation Agreement between the two companies. The signing of this agreement for the supply of rubber hoses was arranged to coincide with the visit of a delegation from T-Rubber to Europe at the beginning of […]

  • UK Industry Works to Maximise Tidal Lagoon Potential

    12 May 2014
    Business & Finance, Equipment

    Heavy engineering specialists Sheffield Forgemasters have joined a body of senior business owners and directors in Wales working to maximise the potential of a new tidal lagoon industry in the UK. The Wales Tidal Industry Advisory Group was established in January 2014 to realise the commercial benefits of the proposed Swansea Bay Tidal Lagoon. Chaired […]

  • Report: Swansea Bay tidal lagoon dead in the water

    1 June 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

      The proposal to build a £1.3 billion energy generating tidal lagoon in Swansea Bay is reportedly set to be rejected by the UK government in an announcement rumored to be made next week. The decision to reject the proposal has already been made, according to a source cited by Financial Times. The ministers were […]

  • USA: WHOI Selects Hydroid to Provide AUVs for Pioneer Array

    13 July 2011
    Business & Finance

      The Woods Hole Oceanographic Institution (WHOI) and the Consortium for Ocean Leadership (OL) announced that Hydroid, a KONGSBERG Company, will provide Autonomous Underwater Vehicles (AUVs) and docking stations to support the Pioneer Array of the Ocean Observatories Initiative (OOI). WHOI, an implementing organization on the OOI Program, awarded the contract for approximately $1 million […]

  • NOAA Charts Away

    8 July 2014

    Ships entering the Port of Charleston will have a new and improved nautical chart that covers a larger area to ensure safer navigational approaches into the harbor, according to the U.S. National Oceanic and Atmospheric Administration (NOAA).   Available on the 4th of July, new chart 11525 (Charleston Harbor Entrance and Approach) replaces the old […]

  • MOR Energy and Magallanes Renovables applaud UK’s tidal energy boost

    11 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Technology

    “It’s official, the tidal stream energy market has taken off with 11 companies awarded the contracts for difference,” said Mor Energy, a QED Naval subsidiary company, which has been supported in the latest UK renewables auction round along with Spanish-based Magallanes Renovables which also welcomed this significant milestone for the entire tidal energy sector.

  • Top News of the Week March 25 – 30, 2013

    31 March 2013
    Business & Finance, Equipment, Project & Tenders

    Top News of the Week March 25 – 30, 2013

  • ESL Shipping Takes Delivery of Its New Vessel Built in Vietnam

    29 May 2012
    Business & Finance

    ESL Shipping Ltd, part of the Aspo Group, has taken delivery of a new 56,000 dwt vessel from the Korean Hyundai Mipo shipyard. M/s Kumpula is the second of two dry cargo vessels built in Vietnam, and owned by ESL Shipping. The vessel was named in a ceremony on Friday May 18. Mrs Anja Arteva, […]

  • Shell’s Prelude FLNG gets thrusters, marine operations done

    30 November 2017
    Vessels

    The Hague-based LNG giant Shell has completed the installation of the thrusters at its Prelude floating liquefied natural gas facility allowing it to weathervane around its turret.

  • Final stages of Buchan Alpha decommissioning completed

    12 January 2021
    Business & Finance, Business Developments & Projects, Environment, Equipment, Project & Tenders, Rules & Regulation, Vessels

    John Lawrie Decom, a metal recycling specialist, has completed the final stages of the Buchan Alpha decommissioning project in the UK.

  • GLDD Delivers Strong Results

    3 November 2015
    Business & Finance, Equipment, Technology

    Great Lakes Dredge and Dock Corporation (GLDD) today reported financial results for the quarter ended September 30, 2015. During the quarter, Great Lakes won $218 million, or 37%, of the domestic dredging bid market, with the Delaware River deepening and the Corpus Christi LNG projects representing a significant portion of the awards. At September 30, […]

  • Drewry: European LNG Demand Not Enough to Lift Freight Rates

    30 October 2015

    European LNG demand growth will not be sufficient to raise LNG shipping freight rates, according to the LNG Forecaster report published by shipping consultancy Drewry. Namely, LNG shipping freight rates continue to be under pressure from weak Asian demand and a growing fleet and shipowners are seen pinning their hopes on a revival in European demand. Until the recent […]

  • HMM Privatization: Bidding kicks off for South Korea’s flagship carrier

    21 July 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    The bidding process for the privatization of South Korea’s flagship carrier HMM was officially launched on Thursday in South Korea. The move was confirmed by HMM in a regulatory filing saying that the company’s largest shareholders, government-run banks, Korea Development Bank (KDB), and Korean Ocean Business Corporation (KOBC), opened the bidding process. The move follows […]

  • USA: Schlumberger Releases First Quarter 2012 Results

    20 April 2012
    Business & Finance, Operations & Maintenance

    Schlumberger Limited reported first-quarter 2012 revenue of $10.61 billion versus $10.97 billion in the fourth quarter of 2011, and $8.72 billion in the first quarter of 2011. Net income attributable to Schlumberger, excluding charges and credits, was $1.31 billion—a decrease of 12% sequentially but an increase of 35% year-on-year. Diluted earnings-per-share, excluding charges and credits, […]

  • Marine seismic industry in numbers after exploration capex slash

    7 August 2020
    Business & Finance, Exploration & Production

    The low oil price has led energy companies to scale back near-term investment plans significantly, and 2020 will be very challenging for the marine seismic industry. Adding COVID-19 pandemic and energy transition from fossil fuels to this scenario has made the situation even worse, forcing seismic players to adjust their business plans to better prepare […]

  • Oil prices fall on rising OPEC crude production

    2 May 2016

    Oil prices fell on Monday as rising production in the Middle East outweighed a decline in U.S. output and a recent slide in the dollar, which has been supporting crude.

  • Offshore Drilling: History and Overview

    25 June 2010

    Offshore drilling typically refers to the discovery and development of oil and gas resources which lie underwater. Most commonly, the term is used to describe oil extraction off the coasts of continents, though the term can also apply to drilling in lakes and inland seas. Offshore drilling presents environmental challenges, especially in the Arctic or […]

  • Oil Search revenue declines as LNG expansion plans gather momentum

    19 April 2017

    Oil Search remained upbeat over its slight drop in revenue in the first quarter as the company saw momentum building behind the LNG expansion plans in Papua New Guinea.

  • Oceaneering Reaches Record Earnings (USA)

    25 July 2013
    Business & Finance

    Oceaneering International, Inc. today reported record quarterly earnings for the second quarter ended June 30, 2013. On revenue of $820.4 million, Oceaneering generated net income of $98.8 million, or $0.91 per share. During the corresponding period in 2012, Oceaneering reported revenue of $672.5 million and net income of $72.6 million, or $0.67 per share. Year over year and […]