1982 results found for 'Lease Sale 193'

1982 results found for 'Lease Sale 193'
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  • Denmark: Maersk Group’s Businesses in 3rd Q Performed Well and Delivered Good Returns

    9 November 2011
    Business & Finance

    The Group’s profit was USD 371m (USD 1,671m) and return on invested capital (ROIC) was 4.8% (15.7%). Cash flow from operating activities was USD 2.1bn (USD 3.0bn). The majority of the Group’s businesses performed well and delivered good returns. The Group’s container and tanker activities continued to face difficult markets due to excess supply of […]

  • Fairfield Energy Names New CEO (UK)

    1 February 2013
    Business & Finance

    Fairfield Energy, the North Sea focused independent Oil and Gas Company, announced the appointment of David Peattie as CEO effective March 1st 2013. David Peattie, B.Sc (Hons.) M.I.M.M. C. ENG, has spent thirty four years working for BP in a wide range of both technical and executive positions. He joined BP in 1979 as a […]

  • ADNOC Drilling enriches its jack-up fleet with two high-spec rigs

    27 December 2024
    Business & Finance, Business Developments & Projects

    ADNOC Drilling has disclosed the arrival of two premium offshore jack-up drilling rigs in the Middle Eastern country’s waters.

  • Maersk Drilling upgrades full year profit guidance

    12 August 2016
    Exploration & Production

    Maersk Drilling, a drilling contractor part of Denmark’s Maersk Group, delivered a profit of $164 million for the second quarter of 2016.  This is a drop compared to the profit of $218 million realized in the second quarter of 2015. Revenue was $566 million, down 9.3% from $524 million a year ago. Revenue backlog was $4.7bn by end-Q2 2016. While the […]

  • U.S. LNG exports reach new peak in May

    30 July 2019

    U.S. exports of LNG have been growing and reached a new peak of 4.7 bcf per day in May 2019, according to the U.S. Department of Energy’s Office of Fossil Energy.

  • USA: HII’s Seventh Amphibious Transport Dock Completes Builder’s Trials

    22 May 2012

    Huntington Ingalls Industries’ seventh amphibious transport dock, Anchorage (LPD 23), returned Friday from successful builder’s sea trials in the Gulf of Mexico. The ship is currently under construction at Ingalls’ Avondale facility. “The LPD 23 team just finished one of the most successful builder’s trials of any LPD so far,” said Doug Lounsberry, Ingalls’ vice […]

  • Global LNG markets facing oversupply while key importing regions work on curbing demand

    17 June 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

  • Update: Makai Welcomes New Users of MakaiPlan and MakaiPlan Pro

    31 March 2014
    Business & Finance, Equipment, Research & Development

    Makai made sales of MakaiPlan, GIS cable route-planning software, and MakaiPlan Pro, cable lay simulation software. Makai’s software continues to serve as the industry standard for cable planners and installers who serve the subsea telecom cable, power cable, and military markets. “We are excited to welcome several new clients to the large and growing club […]

  • Offshore wind, hydrogen part of Shell’s £25 billion UK investment plan

    28 March 2022
    Business & Finance

    Shell plans to invest up to £25 billion (approximately €30 billion) in the UK energy system over the next ten years, with offshore wind being one of the main areas the oil and gas giant has set its sights on in the UK. The company said via a social media post it planned to pour […]

  • Investors Updated on Company Progress

    10 July 2014
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today provided an update for investors on the company’s outlook and end markets. Market Outlook The company remains encouraged about the second half of 2014 and beyond, as positive developments in its various end markets continue. As expected, utilization of some […]

  • Swansea lagoon ruling ‘a manifest distortion of the truth’, TLP says

    10 July 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Tidal Lagoon Power (TLP) – the company behind the Swansea Bay tidal lagoon proposal – has called the UK department of energy’s statement on tidal lagoons ‘deliberately misleading’ following the release of an audit into the government’s comments.

  • FAR to sell Sangomar stake after failure to secure financing

    1 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    FAR Limited has said it is unlikely it will be able to finance its part of the Sangomar project development in Senegal. Therefore, FAR has started a process to sell all or part of its working interest in the project.

  • Shell and Eni acquitted in Nigeria corruption case

    18 March 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acquisition of an oilfield off Nigeria about a decade ago.

  • Study calls for urgent action on cutting emissions from existing ships

    15 June 2020
    Regulation & Policy, Transition, Vessels

    Urgent action is needed to target emissions from the existing ships in order to deliver on what is dictated by the global Paris Agreement, according to a University of Manchester study published today in the new journal BMC Energy. The sector also has to up its game if it is to deliver on the IMO 2050 […]

  • EU Commission’s €750 billion recovery plan to make sustainable transportation a priority

    29 May 2020
    Authorities & Government, Business & Finance, Transition, Vision

    The European Commission has unveiled a €750 billion recovery plan aimed at ensuring economic recovery from the impacts of the COVID-19 crisis. The Next Generation EU fund consists of allocations for € 500 billion and loans for € 250 billion. Combined with targeted reinforcements to the long-term EU budget for 2021-2027, the fund will bring […]

  • Norway: Framo Energy and Schlumberger Sold 1200 Multiphase Flow Meters Worldwide

    6 July 2010
    Equipment

    Nearly 1200 multiphase flow meters using Vx technology has now been sold worldwide by Framo Engineering and Schlumberger. The PhaseWatcher Vx multiphase flow meter (MPFM) is finding an ever-increasing acceptance onshore, offshore and subsea where operators now are achieving an increasing level of reassurance. After several years of using the technology the PhaseWatcher Vx is […]

  • Another ‘Vagabond’ Takes to the Sea

    17 February 2012

    Shipyard Kooiman, based in Zwijndrecht, recently completed and handed over a new multi-purpose support vessel to HvS Dredging Support of Harlingen. Named Zwerver III, the vessel is a sister ship to Zwerver I, which was built at the facility previously owned by Van Buitendijk, but recently acquired by Kooiman Group as part of their expansion […]

  • Seadrill pauses rigs orders. Cuts dividend

    26 November 2014
    Exploration & Production

    Seadrill will refrain from ordering new offshore rigs in the near future due to the challenging market conditions for offshore drilling contractors. The company also announced it would put dividend distributions on ice. The company, one of the world’s largest offshore drilling contractors, which currently has 16 offshore drilling rigs under construction, said it would wait […]

  • Great Britain approves five undersea energy links, two being its first offshore hybrid assets

    12 November 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition, Vision

    Great Britain’s energy market regulator Ofgem has approved five new undersea energy links, with two creating Great Britain’s first-ever offshore hybrid assets (OHAs), all expected to be operational by the end of 2032. The approved OHA projects include the up to 1.8 GW LionLink, which will connect Dutch offshore wind farms to the British grid with an […]

  • CAMAC Energy to Accelerate Exploration and Development of its Blocks Offshore Nigeria

    4 May 2011
    Business & Finance

    CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced a net loss of $28.2 million, or $0.18 per diluted share for the quarter ended March 31, 2011. This loss includes the remaining estimated Oyo well #5 intervention expenses of $24.4 million, or $0.16 per […]

  • Aker Solutions posts 4Q loss. Cuts dividend

    12 February 2016

    Aker Solutions, a Norway-based oilfield services provider, has reported a net loss for the fourth quarter of 2015, and it has decided not to pay dividend for 2015. The loss was NOK 250 million, compared to a net profit of NOK 359 million a year ago. Converted to US dollars 4Q net loss was $29 […]

  • SMM 2012 Sets Positive Signs for Maritime Industry Future, Germany

    10 September 2012
    Business & Finance

    SMM 2012, 25th shipbuilding, machinery & marine technology international trade fair hamburg has confirmed its position as the industry’s leading international innovation forum. The exhibitors were satisfied, and there were streams of trade visitors from all parts of the world – SMM impressively confirmed its position again, as the number one stimulus event for the […]

  • US Navy’s New Ice Patrol Ship Enters Portsmouth Naval Base

    25 May 2011

    The ship that will fulfil HMS Endurance’s role as an interim Antarctic patrol vessel entered Portsmouth Naval Base for the first time on Monday 23 May 2011. The ice-breaker MV Polarbjorn – to be named HMS Protector – has been leased on a three-year contract from Norwegian company GC Rieber Shipping and has just had […]

  • BIMCO: US Seaborne Crude Oil Exports at Record High

    9 April 2019
    Business & Finance

    BIMCO: US exports of crude oil reached record high in January, as tonne mile demand dropped.

  • Oil company claims ‘significant’ discovery offshore Alaska

    5 October 2016

    Independent exploration and production company Caelus Energy Alaska reported on Tuesday it has made a ‘significant’ light oil discovery on its Smith Bay state leases, off Alaska.  The discovery is located at the Smith Bay which is about 150 miles west of Prudhoe Bay, about 90 miles east of Barrow. It was made by the company’s […]