1982 results found for 'Lease Sale 193'

1982 results found for 'Lease Sale 193'
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  • Norway: September oil production above NPD’s prognosis

    14 October 2014
    Business & Finance

    The Norwegian Petroleum Directorate has informed that preliminary production figures for September 2014 indicate an average daily production of about 1 834 000 barrels of oil, NGL and condensate. This is 16 000 barrels per day (about 1 percent) less than in August 2014. Total gas sales were about 7.9 billion Sm3, which is 0.6 […]

  • USA: TDW Completes Subsea Pipeline Isolation in Gulf of Mexico

    24 September 2012
    Business & Finance, Project & Tenders

    TDW Offshore Services (TDW), a leading supplier of pipeline services and equipment, has successfully completed a subsea pipeline pressure isolation operation in the Gulf of Mexico. Carried out at a depth of 370 ft (113 m) against 870 psig, this isolation enabled the safe and effective tie-in of a piggable wye to the Mississippi Canyon […]

  • BIMCO: The crash of the bunker market and post-IMO 2020 reality

    11 May 2020
    Business & Finance, Transition

    The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. “From a shipowner’s or charterer’s perspective, the lower bunker prices provide a glimmer of hope in bleak times. Perhaps less hopeful are the bunker suppliers, […]

  • At Least 36 Dead After Ferry Capsizes off Philippines

    2 July 2015

    At least 36 people have died after a ferry carrying 173 passengers capsized around 12 pm local time, soon after leaving the port of Ormoc City, according the Philippine Coast Guard. 118 people on board the Kim Nirvana-B ferry at the time of the capsizing have either been saved or swam ashore, with 19 still missing, according […]

  • Afren marks profit increase

    29 August 2014
    Business & Finance, Project & Tenders

    Afren plc has announced its Half-yearly Results for the six months ended 30 June 2014. Profit after tax from continuing activities increased in the period to $160 million compared to $62 million earned in the same period 2013. Revenue for the period was $565 million down from $797 million in the first half of 2013. […]

  • GCE: Shale Gas and Oil Key to Meeting Growing Energy Demands

    17 October 2013
    Business & Finance

    In 1850, fossil fuels – coal, oil and natural gas – accounted for only 5 percent of the world’s energy. Now they account for more than 80 percent. GCE Group participated in the discussion whether adequate fossil fuel resources will be available to support a near doubling in the size of the global economy to […]

  • Austal Commences Construction on JHSV 2 (Australia)

    29 September 2010
    Technology

    Less than one year after beginning fabrication of Spearhead (JHSV 1), Austal has commenced construction on Vigilant (JHSV 2), the second of up to ten 103-meter Joint High Speed Vessels (JHSV). On July 22, 2010, the official Keel Laying Ceremony was held at Austal’s shipyard for Spearhead (JHSV 1) which is on schedule for launch […]

  • WPX Energy Discovers Gas in Niobrara Formation (USA)

    23 January 2013

    WPX Energy’s successful Niobrara shale discovery in western Colorado has the potential to significantly increase the company’s natural gas reserves and daily production in ensuing years. The discovery well produced an initial high of 16 million cubic feet per day at a flowing pressure of 7,300 pounds per square inch. The well has since been […]

  • France: CGGVeritas Reports Third Quarter Results

    5 November 2012
    Business & Finance, Operations & Maintenance

    CGGVeritas announced its non-audited third quarter 2012 consolidated1 results. All comparisons are made on a year-on-year basis unless stated otherwise. Third quarter results – Revenue totaled $855 million, up 7% – Operating income increased by 17% to $114 million, a 13% margin – Services operating income was at $62 million, a 10% margin – Sercel […]

  • Drewry: Up to 40 Capesizes Could Lose Employment in 2019 due to Vale Dam Collapse

    3 February 2019
    Business & Finance

    The latest disaster at the Brazilian mine Córrego de Feijão is likely to reduce Capesize demand by some 35-40 vessels in 2019.

  • Gen2 Energy, Sirius D&I to develop world’s 1st container carrier for hydrogen

    13 April 2022
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Outlook & Strategy, Technology, Transition, Vessels, Vision

    Norwegian green hydrogen company Gen2 Energy AS has signed a contract with compatriot ship designer and system integrator Sirius Design & Integration AS for the design of two specialized ships for the transport of large quantities of containers with compressed hydrogen.

  • Shipbuilder selected for first US subsea rock installation vessel

    16 November 2021
    Project & Tenders, Vessels

    Philly Shipyard, Inc. has won a contract from Great Lakes Dredge & Dock Company to construct one Jones Act-compliant subsea rock installation vessel – the first such ship to enter the US market. Great Lakes retains a right of first refusal on a second ship, the Philadelphia-based shipbuilder said. The initial award is valued at […]

  • Alaska: Buccaneer Energy Limited Operational Update On The Offshore Cook Inlet

    27 July 2010
    Project & Tenders

    Buccaneer Energy Limited  provides the following update on its offshore operations in the Cook Inlet, Alaska that is conducted through its wholly owned subsidiary Buccaneer Alaska, LLC. North Middle Ground Shoal (NMGS) The NMGS field is in approximately 30′ of water with no unusual technical hurdles to drill and develop reserves. The NMGS field is […]

  • Catamaran ‘Vale Grand Sud’ Starts Operation in New Caledonia

    26 June 2012
    Business & Finance

    A 41 metre high speed aluminium passenger catamaran, “Vale Grand Sud” has recently entered into operation for mining company Vale Nouvelle-Calédonie, marking the fourth Austal-built vessel to operate in New Caledonia. “Vale Grand Sud” was designed to provide new levels of speed and comfort to members of the company’s 1,000 strong workforce, as they commute […]

  • TDW Completes Subsea Pipeline Pressure Isolation in the Gulf of Mexico

    24 September 2012
    Business & Finance, Operations & Maintenance

    TDW Offshore Services (TDW), a leading supplier of pipeline services and equipment, has successfully completed a subsea pipeline pressure isolation operation in the Gulf of Mexico. Carried out at a depth of 370 ft (113 m) against 870 psig, this isolation enabled the safe and effective tie-in of a piggable wye to the Mississippi Canyon […]

  • PGS Reorganizing Business

    26 October 2017
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian seismic player Petroleum Geo-Services (PGS) is changing its company model to adjust to weaker and more uncertain than before seismic market as it saw its loss widened at $190 million for the quarter ended September 30, 2017 from $29 million same time last year. The new organization should build on the two business areas: Sales […]

  • Gulf of Mexico lease sale attracts $583M in bids

    19 March 2015

    The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) yesterday held an oil and gas lease sale for the Central Gulf of Mexico that drew $538,780,056 in high bids for tracts on the U.S. Outer Continental Shelf offshore Louisiana, Mississippi and Alabama. A total of 42 offshore energy companies submitted 195 bids on […]

  • New Offshore Wind Farms Lift RWE

    12 May 2016
    Business & Finance, Storage

    Germany’s RWE Group recorded an operating result of EUR 154 million at its renewables division in the first quarter of 2016, a slight increase compared to EUR 153 million reported for the same period a year earlier, with two newly commissioned offshore wind farms in the UK and Germany helping offset a one-off income included in […]

  • Aje field partners bury the hatchet

    3 November 2017
    Business & Finance

    Pan Petroleum Aje Limited (PPAL), subsidiary of London-based E&P company Panoro Energy, has entered into a binding agreement with the joint-venture partners in the OML 113 off Nigeria, to, inter alia, suspend certain ongoing litigation and arbitration proceedings among the partners. The OML 113 holds the Aje field, operated by Yinka Folawiyo Petroleum. The other members […]

  • Gaslog Refinances Six LNG Carriers

    19 February 2016
    Business & Finance

    Owner and operator of LNG carriers GasLog Ltd and its partnership GasLog Partners LP have entered into agreements for the refinancing of six vessels, representing all debt maturities for both entities due in 2016 and 2017. The refinancing was completed in two parts, namely a senior and junior tranche mortgage debt refinancing on five contracted vessels of […]

  • PetroNor, YFP setting up JV to manage Aje development

    5 December 2019

    Oslo-listed oil firm PetroNor has signed an investment agreement with Nigeria’s Yinka Folawiyo Petroleum YFP setting a path forward for the future development of the YFP-operated Aje field in Nigeria’s OML 113 offshore license. The two companies will create a joint venture firm named Aje Petroleum to focus on the revitalization and further development of OML […]

  • EcoShape Releases the Koehoal Salt Marsh Development Study

    15 March 2018
    Business & Finance

    The EcoShape foundation which carries out the public-private Building with Nature innovation program recently released a study on the Mud Motor Koehoal salt marsh development. The Koehoal Salt Marsh Development with a Mud Motor looks at the potential for furthering the development of salt marshes in the Wadden Sea by making optimal use of the […]

  • USA: ConocoPhillips Q4 Earnings at USD 3.4 Billion

    25 January 2012

    ConocoPhillips today reported fourth-quarter earnings of $3.4 billion, compared with fourth-quarter 2010 earnings of $2.0 billion. Fourth-quarter 2011 earnings excluding $723 million of special items were $2.7 billion. Special items were primarily related to gains on asset dispositions, partially offset by impairments and costs related to the Bohai Bay incidents. “We operated well during the […]

  • Kim Ullman Appointed as New President of Concordia Maritime

    29 November 2013
    Business & Finance

    Joakim (Kim) Ullman has been appointed to the position of President of Concordia Maritime AB as of 1 January 2014. Kim comes from Stena LNG where he has been CEO since 2012. He will replace Hans Norén who will leave Concordia Maritime at the end of the year after ten years as president. “After a […]

  • International Seaways to Prepay USD 100 Mn of Debt

    9 October 2019
    Business & Finance

    The move comes on the back of the sales of vessels and interest in the company’s LNG joint venture with Nakilat.