1983 results found for 'Lease Sale 193'

1983 results found for 'Lease Sale 193'
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  • Has the time come for ‘demolition flurry’ everyone was talking about to boost liner profits?

    10 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    The container shipping industry is grappling with a complex challenge – an overcapacity crisis. The surge in new containerships ordered during the pandemic, coupled with supply chain normalization at major ports and inland regions, has led to a flood of capacity that is profoundly disrupting the equilibrium between supply and demand. Concurrently, the scrapping activity […]

  • UK: CENSEOR-CO2 to Help Unlock USD 300 bln Worth of North Sea Oil

    23 May 2012
    Business & Finance, Equipment

    The launch of a new centre of North Sea expertise today could boost jobs and growth in Scotland, accelerate development of carbon capture and storage (CCS) and unlock three billion barrels of hard-to-reach oil from the North Sea – worth £190 billion (approximately USD 300 billion). The Centre for North Sea Enhanced Oil Recovery with […]

  • Fresh start for Valaris with new contracts and three stacked rigs returning to work

    3 August 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Vessels

    Valaris is seeing early signs of recovery in rig demand evidenced by new contracts for its fleet of drillships, semi-submersible, and jack-ups.

  • Singapore: Sembcorp Wins Newbuilding And Upgrading Contracts Worth $167 Million

    17 January 2011
    Business & Finance

    Sembcorp Marine’s subsidiary Sembawang Shipyard has secured a newbuilding and three major upgrading contracts totalling S$215 million(Approximately USD $ 167 million), reinforcing its reputation as a world leading shipyard for ship repairs, ship conversions and specialized offshore newbuildings. The first contract is awarded by Teekay Shipping (Australia) Pty Ltd for the Engineering, Procurement, Construction and […]

  • BP cheers first oil from its new deepwater Gulf of Mexico platform

    14 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BP has kicked off oil production from its fifth operated production platform in the U.S. Gulf of Mexico and the first new one since 2008.

  • ADNOC dishes out $744 million deal for Belbazem field development

    25 May 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    The Abu Dhabi National Oil Company (ADNOC) has awarded a $744 million contract for the full field development of the Belbazem Offshore Block,

  • Odfjell Drilling posts smaller profit despite higher revenues

    27 February 2020
    Business & Finance, Exploration & Production

    Odfjell Drilling posted a decrease in quarterly profit despite increase in revenues driven by mobile offshore drilling units segment.

  • Oil workers coming back to Gulf of Mexico after storm Barry, but 60 platforms still evacuated

    19 July 2019

    A total of 60 offshore production platforms in the U.S. Gulf of Mexico remained evacuated on Thursday following the tropical storm Barry, which had hit the Gulf late last week. Over 18 percent of oil production remains shut-in as a result of the storm. 

  • APM Terminals: New Terminal to Create 400 Jobs (Costa Rica)

    12 October 2013
    Business & Finance

    APM Terminals held a formal contract signing at the company’s global headquarters with the Van Oord-BAM consortium for the construction of the new Moin Container Terminal (called locally “Terminal de Contenedores de Moín” -TCM) now in development on the Caribbean coast of Costa Rica. The consortium, comprised of Dutch-based Van Oord and BAM International, has […]

  • USA: Miller Energy Resources Appoints Don Turkleson to Board of Directors

    19 January 2011

    Miller Petroleum, Inc. dba Miller Energy Resources, announced that Don A. Turkleson has been appointed to its Board of Directors. Mr. Turkleson fills a vacancy on the Board created by the resignation of one of our directors last June. Mr. Turkleson has over 35 years of accounting and financial experience with emphasis in the oil […]

  • Op-ed: Contracts for Difference – Time for something different?

    4 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    Marine Energy Wales’ project manager Jay Sheppard outlines his thoughts on how the current Contracts for Difference funding mechanism for low carbon electricity could be improved.

  • France: BERNARD Completes Delivery of Pilot Boat FRESENA

    4 May 2012

    Next Thursday, FRESENA, 18 meters pilot boat will be delivered to LOTSENVERSETZBOOTE TECHNISCHE FACHSTELLE NORDWEST pilots and leave Lorient for the port of Emden in northern Germany. After FRYA delivered in May 2011, this unit is the second in a series of 4 vessels for German pilots. Marc Bernard, technical director of shipyard Bernard: “The […]

  • USA: Dresser-Rand Acquires Synchrony Inc.

    9 December 2011
    Business & Finance

      Dresser-Rand Group Inc. , a global supplier of rotating equipment and aftermarket parts and services, has signed a definitive agreement to acquire Synchrony, Inc. The transaction is expected to close in January 2012. Synchrony is a technology development company with a portfolio of world-class technologies and products including active magnetic bearings (AMB), high speed […]

  • Following Stena Polaris through North-East Passage

    1 October 2013
    Business & Finance

    Stena Bulk’s tanker Stena Polaris, with a cargo of 44,000 tons of naphtha, is sailing from the Gulf of Finland via the North-East Passage to South Korea. A route that passes through Arctic waters that make exacting demands on technology, know-how and experience. The 31-day voyage can be followed via reports, photos and films in […]

  • Total Plans to Explore Deepwater Kwanza Basin Offshore Angola

    21 December 2011
    Business & Finance, Operations & Maintenance

    Total announced that it is expanding its significant presence in Angola through the successful application for three new exploration blocks in the deepwater Kwanza Basin. Following an international licensing round, Total signed three production sharing agreements with state-owned Sonangol on December 20, 2011. Total will operate Blocks 40 and 25 with respectively a 50% and […]

  • Shell’s new projects benefiting from ABL’s ‘one-stop solution’ for asset management

    9 February 2024
    Business & Finance, Business Developments & Projects, IT & Software, Project & Tenders

    Shell is set on employing a cloud-based master data build and optimization software from ABL across various new projects to achieve asset management efficiencies.

  • Hibiscus to acquire UK North Sea license for $5 million

    8 October 2019

    Malaysian operator Hibiscus Petroleum has entered into a conditional sale and purchase agreement to acquire License P2366, from United Oil & Gas and Swift Exploration Limited.

  • Norway: Havyard Hands Over Its 7th Newbuild to Global Offshore Services

    27 August 2013
    Business & Finance

    Havyard Group delivered last Friday its 7th newbuild for the Indian shipping company Global Offshore Services. Major celebrations were held in Fosnavaag on Saturday including the naming ceremony, an open boat session and a concert. The supply vessel «Makalu» is of a Havyard 832 design, and was named last Saturday in Fosnavaag, Norway. Bianca Kremer, […]

  • CEO of Alstom Reorganizes Company to Boost its Development (France)

    16 June 2011
    Business & Finance

      The Alstom Board has approved a major reorganisation of the company proposed by Patrick Kron, Chairman and Chief Executive Officer of Alstom. This reorganisation is effective on 4 July 2011. Alstom has undergone a period of strong growth, followed by the necessary adaptation to a tougher economic environment created by the crisis. As the […]

  • PETRONAS Selects Air Products’ LNG Expertise for FLNG Project in Malaysia

    19 July 2012
    Business & Finance

    Air Products’ global leading liquefied natural gas (LNG) technology and equipment will be floating on an LNG production platform 180 kilometers off the coast of Malaysia and producing 1.2 million tons per year of LNG when the PETRONAS Floating LNG Project 1 (PFLNG 1) comes onstream in late 2015. Air Products announced the signing of […]

  • Malaysia: Air Products Wins Petronas FLNG Gig

    19 July 2012
    Project & Tenders

    Air Products’ global leading liquefied natural gas technology and equipment will be floating on an LNG production platform 180 kilometers off the coast of Malaysia and producing 1.2 million tons per year of LNG when the PETRONAS Floating LNG Project 1 comes onstream in late 2015. Air Products announced the signing of an equipment and […]

  • Dragon Oil Completes Two Wells in Turkmenistan

    4 October 2013

    Dragon Oil plc, an international oil and gas exploration, development and production company, today publishes an update on the wells completed in the Cheleken Contract Area in Turkmenistan in the third quarter of 2013 and production numbers for 3Q and September 2013. Since the previous quarterly drilling update on 10 July 2013, Dragon Oil has […]

  • USA: Dresser-Rand Acquires Synchrony Inc.

    8 December 2011
    Business & Finance, Research & Development

      Dresser-Rand Group Inc. , a global supplier of rotating equipment and aftermarket parts and services, has signed a definitive agreement to acquire Synchrony, Inc. The transaction is expected to close in January 2012. Synchrony is a technology development company with a portfolio of world-class technologies and products including active magnetic bearings (AMB), high speed […]

  • The Netherlands: Damen to Overhaul Clipper ‘Stad Amsterdam’

    22 January 2013

    The three-masted, steel-hulled Clipper ‘Stad Amsterdam’ undergoes a complete overhaul at Damen Shiprepair Vlissingen, the Netherlands. The revision of the thirteen year old vessel will give her a ‘second youth’. The work will be finished before the end of May 2013. At the moment the Clipper is already at the yard and all interiors have […]

  • Sif’s 2016 Figures Go Up

    29 March 2017
    Business & Finance

    Sif Group reported a revenue of EUR 400.3 million for 2016, a 24.6% increase from EUR 321.3 million in 2015, with the company’s net earnings rising by 5% from EUR 35.6 million in 2015 to EUR 37.4 million last year. The company’s net debt also increased, but mainly due to building new facilities that will lead to Sif having a production capacity of 300 Ktons per year.