1983 results found for 'Lease Sale 193'

1983 results found for 'Lease Sale 193'
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  • Norway: PGNiG Expects Great Benefits from Skarv, the Largest Investment Project on the NCS

    13 April 2011
    Business & Finance

      Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG SA) is completing preparations to produce oil and gas from the Skarv field on the Norwegian Continental Shelf (NCS). In early May 2011, a floating production, storage and offloading (FPSO) vessel will arrive at the drilling site. The FPSO is the world’s largest unit of this type […]

  • 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 […]

  • 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 […]

  • GT Wings bags $1.3M in new investment round

    23 December 2024
    Business & Finance, Business Developments & Projects

    UK’s wind propulsion technology provider GT Wings has closed over £1 million (about $1.3 million) in new equity that would enable the company to grow its team and further develop its wingsail solution.

  • GEV Homeports in Rhode Island

    25 June 2019
    Operations & Maintenance

    Wind turbine maintenance company GEV Wind Power will make Rhode Island the home of its US headquarters. GEV will create approximately 125 jobs consisting of blade technicians, support staff and management. “Rhode Island is a national leader in offshore wind, and I’m thrilled that GEV Wind Power is choosing our state for its U.S. headquarters,” said […]

  • 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 […]

  • Helix Energy profit drops in second quarter

    25 July 2019
    Business & Finance

    Helix Energy Solutions recorded a slight drop in profit in the second quarter of 2019 compared to the same period last year but noted stronger income sequentially.

  • One of world’s largest semi-sub rigs comes back to UK port ahead of resuming drilling gig with BP

    18 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Ports & Logistics, Project & Tenders

    A giant rig has returned to the UK’s Kishorn port to prepare for its return to the drilling campaign with BP in the UK North Sea.

  • New IMO measures to address containers lost at sea

    19 May 2021
    Authorities & Government, Equipment, Infrastructure, Regulation & Policy, Safety

    The International Maritime Organization’s (IMO) Maritime Safety Committee (MSC) has agreed to initiate new measures to detect and report containers lost at sea, which may enhance their positioning, tracking and recovery.

  • 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 […]

  • Jebel Ali Port Tops Productivity List

    19 November 2014
    Business & Finance

    DP World’s flagship Jebel Ali Port is the world’s most productive according to the latest port productivity report from the US-based Journal of Commerce (JOC). The rankings are based on the average moves of containers per ship, per hour, in 2013 as reported by shipping lines themselves, representing more than 75 percent of global vessel […]

  • South Korea: G E Shipping Takes Delivery of VLCC Vasant J Sheth from HHI

    10 May 2012

    The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of its 318,000 dwt Very Large Crude Carrier (VLCC) “Vasant J Sheth” from Hyundai Heavy Industries Ltd, (HHI) South Korea today and subsequently delivered the vessel to its new buyers. The ships features 319m in length, 60m in width, and 30m in depth with […]

  • CEC: ARENA grants funding key for renewables innovation

    6 May 2016
    Authorities & Government, Business & Finance, Research & Development, Technology

    It is crucial that the Australian Renewable Energy Agency (ARENA) has clear and long-term access to grant funding to deliver the renewable energy innovation that will create a 21st century energy system, the Clean Energy Council said.

  • Dudgeon Nets GBP 1.3 Billion Project Financing

    13 May 2016
    Business & Finance

    The developers of the 402MW Dudgeon offshore wind farm have arranged a GBP 1.3 billion long-term financing for the project with a consortium of international banks and financial institutions on May 12, having reached financial close in six months. The limited recourse financing will fund the capital requirements of the wind farm, currently under construction 32 […]

  • Singapore’s SembMarine sees profit cut in half. All eyes on Brazil

    28 April 2016
    Exploration & Production

    One of the world’s largest offshore rig builders Sembcorp Marine, aka SembMarine, saw its revenue fall to S$918 million in the first quarter of 2016. This is a 30 percent drop, when compared to $1.3 billion achieved in the corresponding quarter of 2015. The company’s largest business Rigs & Floaters, saw its revenue fall to S$540 […]

  • Qatar: IBERDROLA Chairman Seeks Sustainable Energy Development to Meet 3rd World Needs

    3 December 2012

    IBERDROLA Chairman Ignacio Galán, while speaking at the World Climate Summit in Doha, called for sustainable electricity development to meet the needs of the 1.3 billion people around the world, equivalent to 20% of the entire population, who don’t have access to electricity. Taking part in a panel discussion at the World Climate Summit, on […]

  • Alpha Ventus Achieves Positive Interim Results (Germany)

    30 June 2011

      Germany’s first offshore wind farm alpha ventus is generating more power than expected.While the first half of 2011 was disappointing for onshore wind farms, the constant and strong winds on the open sea over the last nine months have produced more than 190 gigawatt hours of electricity. The alpha ventus consortium, consisting of the […]

  • Monthly Highlights of 2018

    2 January 2019

    Subsea World News has singled out the most interesting article from each month of 2018 that highlighted the subsea industry. In the Q1 2018, we saw Kreuz Subsea securing its largest deal in the company’s history. Subsea vessels were kept busy with DOF securing work for its vessels, and Saipem acquisition of Lewek Constellation vessel. […]

  • 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 […]

  • EU ministers agree higher 2030 targets for renewables, energy efficiency

    28 June 2022
    Authorities & Government, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vision

    The EU Council has adopted its negotiating positions on two legislative proposals that tackle the energy aspects of the EU’s climate transition.

  • 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.

  • European ports hit the hardest by blanking of sailings

    4 May 2020
    Ports & Logistics

    The staggering volume of blank sailings announced by ocean carriers in response to dwindling demand caused by the COVID-19 pandemic is having a ripple effect on global ports. The impact of the trend has been relatively limited in the first quarter of the year, however, concerns have already been raised that the situation is likely […]

  • Cedigaz: Eastern Asian LNG imports down 3.9 pct in 2015

    12 February 2016

    In 2015, LNG imports in Japan, South Korea, China and Taiwan reached a total of 152.8 Mt, which represents a 3.9% decrease compared to 2014 (159 Mt), according to the international association for natural gas, Cedigaz. The drop was steady throughout the year, even though it slowed down in the fourth quarter, when imports decreased […]

  • ExxonMobil replaces 104 percent of proved o&g reserves

    23 February 2015

    ExxonMobil Corporation has announced today it replaced 104 percent of its 2014 production by adding proved oil and gas reserves totaling 1.5 billion oil-equivalent barrels, including a 162 percent replacement ratio for crude oil and other liquids. “ExxonMobil’s diverse global portfolio of attractive opportunities puts us in a unique position to execute our strategy to […]

  • W&T Offshore’s Gulf of Mexico well ‘exceeds pre-drill estimates’

    25 September 2018

    W&T Offshore has drilled an exploration well from the South Timbalier 311 platform in the Gulf of Mexico that is part of the Ewing Bank 910 field.