1987 results found for 'Lease Sale 193'

1987 results found for 'Lease Sale 193'
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  • UK player snaps up North Sea discovery

    17 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Quattro Energy has entered into a binding deal to buy a license in the Central North Sea, which includes an existing oil discovery.

  • Wartsila Initiates Major Project to Further Develop Low-Speed Gas Engines (Finland)

    16 February 2011
    Equipment, Research & Development

      Wärtsilä has, in the autumn of 2010, initiated a major project to further develop its low-speed engine portfolio to include gas engines, alongside its medium-speed dual fuel engines, as part of the company’s strategy. A new test engine will be installed in the Trieste engine laboratory in Italy in March this year. Engine testing […]

  • NYPA Board of Trustees Votes Against Great Lakes Offshore Wind Project (USA)

    28 September 2011
    Authorities & Government

      The New York Power Authority (NYPA) Board of Trustees on Tuesday voted to end the competitive solicitation process for the proposed Great Lakes Offshore Wind Project (GLOW), without awarding a contract for project development. The estimated annual cost of GLOW and the current economic conditions were the reasons for the Trustees’ action. Evaluation of […]

  • USA:Exxon Mobil’s First Quarter Results

    2 May 2010
    Business & Finance

    ExxonMobil reported its estimated first quarter 2010 results. Chairman Rex W. Tillerson commented, “ExxonMobil achieved solid results from its worldwide operations with first quarter earnings of $6.3 billion, up 38% from first quarter of last year. Our results reflect higher crude oil realizations and stronger chemical margins while the downstream industry margins remained weak. “Oil-equivalent […]

  • Global upstream M&A deals to gain momentum for the rest of 2020?

    17 November 2020
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Following the Covid-19 pandemic and the oil price crash in early 2020, for some players in the oil and gas sector consolidation may be the only way to stay solvent.

  • WHOI-Led Study Determines How Much Oil and Gas Flowed in Deepwater Horizon Spill (USA)

    6 September 2011
    Business & Finance, Operations & Maintenance, Research & Development

      In a detailed assessment of the Deepwater Horizon oil spill, researchers led by a team from the Woods Hole Oceanographic Institution (WHOI) have determined that the blown-out Macondo well spewed oil at a rate of about 57,000 barrels a day, totaling nearly 5 million barrels of oil released from the well between April 20 […]

  • USA: KBR Q3 Net Income Climbs

    28 October 2011

    KBR announced that third quarter 2011 net income attributable to KBR was $185 million, or $1.22 per diluted share, compared to net income attributable to KBR of $97 million, or $0.62 per diluted share, in the third quarter of 2010. Consolidated revenue in the third quarter was $2.4 billion compared to $2.5 billion in the […]

  • Equinor Aims to Extend Platform Electrification from Land

    11 June 2018
    Business & Finance, Equipment, Operations & Maintenance

    Equinor and partners are looking at the possibility of supplying power from land to three platforms that are currently powered by gas turbines. The transition may cut CO2 emissions from Troll C and the Sleipner area by more than 600,000 tonnes per year. The platforms that may be powered from land are Troll C and […]

  • ABB to power Polish hybrid-electric ferries

    4 April 2022
    Business Developments & Projects, Vessels

    Technology company ABB has secured an order from the Polish shipbuilder Remontowa Shiprepair Yard to supply integrated power, automation and propulsion solutions to three large passenger and car ferries.

  • Port of Hamburg Container Volumes Up by 6.9 Pct

    20 November 2019

    The Port of Hamburg wrapped up the first three quarters of this year with a container throughput of 7 million TEUs.

  • Sembcorp Marine rebuffs Brazil conspiracy claims

    25 May 2016
    Exploration & Production

    Sembcorp Marine, a Singapore-based rig builder, has rebuffed allegations linking it with a conspiracy case in Brazil. The company was responding to an article by the Norwegian newspaper Upstream, according to which Sembcorp Marine and its subsidiary Jurong Shipyard have been named as defendants along with other shipyards and entities in a complaint filed by […]

  • ConocoPhillips Receives APPEA Safety Award (Australia)

    29 May 2013

    For the fourth year in a row, ConocoPhillips has won an Australian Petroleum Production & Exploration Association (APPEA) Safety Award. APPEA Chairman David Knox presented the Safety Excellence Award at Tuesday night’s APPEA 2013 Conference Dinner in Brisbane. He said ConocoPhillips had been outstanding in several key areas – prevention of major accidents, safety culture, workforce engagement, and […]

  • Infrastructural Investment Key for Interior African Cargo Transport

    15 December 2014

    There is an urgent need for significant infrastructure investment in both port and inland logistics capabilities in Africa in order to satisfy the projected demands of some of the world’s fastest-growing economies, APM Terminals’ Commercial Director for Inland Services West Africa, Moussa Diop said at the TOC West Africa Market Briefing conference.  Citing a recent […]

  • Westshore Shipbrokers: Ultra-Deepwater, What is Next for the Shipowner? (Brazil)

    22 September 2011
    Business & Finance

    (Westshore Shipbrokers AS)-  Following in Petrobras’ footsteps, Shell Brasil is about to embark on its > 2,000m water depth portfolio. Drilling will continue into the second quarter of 2012 in the Santos Basin. On the one hand, it’s just another  oil major doing something not much different from other operations in the likes of the […]

  • Westshore Shipbrokers: Ultra-Deepwater, What is Next for the Shipowner? (Brazil)

    22 September 2011
    Business & Finance

      (Westshore Shipbrokers AS)-  Following in Petrobras’ footsteps, Shell Brasil is about to embark on its > 2,000m water depth portfolio. Drilling will continue into the second quarter of 2012 in the Santos Basin. On the one hand, it’s just another  oil major doing something not much different from other operations in the likes of […]

  • DP World gears up to make London Gateway the UK’s largest container port

    24 March 2025
    Infrastructure, Ports & Logistics

    London Gateway, a deep-sea port some 48 kilometers east of Central London operated by UAE-based logistics heavyweight DP World, is set to undergo major construction works as a £1 billion ($1.3 billion) expansion project nears its commencement date. As per DP World, the expansion is slated to begin in May 2025 and is expected to […]

  • Statoil Finds Oil in Barents Sea

    9 December 2013

    Statoil ASA has together with its partners Eni Norge AS and Petoro AS made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea.   Well 7220/7-2 S, drilled by the rig West Hercules, has proven a 22 metre gas column and a 23 m oil […]

  • Enterprise Plans Further Expansion at Houston Ship Channel Terminal

    9 July 2019
    Business & Finance

    Enterprise announces 3 expansion projects that will increase its capacity to load LPG, PGP and crude oil from EHT.

  • Brazil: 2012 Starts with Successful IADC Seminar

    16 April 2012

    Each year the International Association of Dredging Companies (IADC) organises its International Seminar on Dredging and Reclamation in various parts of the world. This intensive week-long course was recently presented in Recife (Brazil) from 19 to 23 March 2012. Over 40 participants including civil engineers, area managers, a port captain, site engineers and commercial managers, […]

  • Statoil Announces New Oil and Gas Discovery in Johan Castberg Area

    9 December 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil ASA has together with its partners Eni Norge AS and Petoro AS made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea. Well 7220/7-2 S, drilled by the rig West Hercules, has proven a 22 metre gas column and a 23 m oil column […]

  • Greece: Seanergy Maritime Announces New Time Charter Agreements for Three Vessels

    28 June 2011
    Business & Finance

      Seanergy Maritime Holdings Corp. announced that the Company has entered into new time charter agreements for one of its Panamax vessels and two of its Capesize vessels. The M/V BET Intruder, a 69,235 dwt Panamax dry bulk carrier built in 1993, has entered into a time charter agreement for a period of about eleven […]

  • Incat Leads the Way with the First LNG Powered Fast Ro-Ro Ship (Australia)

    18 November 2010
    Project & Tenders, Vessels

    Incat has secured a contract to build the world’s first high speed passenger Ro-Ro ship powered by environmentally friendly Liquefied Natural Gas (LNG). Incat Chairman Robert Clifford says “this is a significant step forward as the use of natural gas powered ships must replace ships with less environmentally friendly engines. This first LNG powered fast […]

  • Anadarko to cut 2016 capex

    1 March 2016

    Anadarko, a U.S.-based independent oil and gas exploration and production company has cut its capital expenditures plan for 2016. More precisely, the company plans to reduce year-over-year capital investments by almost 50 percent. The most cuts will come at the company’s onshore activities in the U.S., where Anadarko expects to slash capital investments by $2.5 billion year […]

  • Guyana’s new bill to hold operators accountable for oil spills

    20 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    Given the challenges many countries around the globe have faced in containing oil spills, Guyana has taken steps to avoid a similar fate by making oil and gas operators liable for environmental protection, thanks to a new legislation, which sets out a comprehensive national legal framework for oil spill prevention, preparedness, response, and compensation.

  • Subsea 7 reports $1.1 billion loss in 2020

    25 February 2021
    Business & Finance

    Subsea 7 has recognised a major loss in 2020, mostly on impairment charges, but increased its backlog by 20 per cent and kept revenue down only five per cent compared to 2019. The engineering and construction specialist recognised 2020 net loss of $1.1 billion, against loss of $82 million in 2019. In the full year […]