1196 results found for 'Libya'

1196 results found for 'Libya'
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  • USA: ConocoPhillips Posts Q3 Earnings of USD 2.6 Billion

    26 October 2011

    ConocoPhillips today reported third-quarter adjusted earnings of $3.5 billion and earnings of $2.6 billion. This compares with third-quarter 2010 adjusted earnings of $2.2 billion and earnings of $3.1 billion. Special items for the current quarter of $837 million were primarily related to losses on asset dispositions, impairments and a tax law change enacted in the […]

  • A&P Falmouth Yard to Overhaul HMS Echo, UK

    9 October 2012

    Plymouth-based HMS Echo has just completed a 19-month deployment in the Far East. David Daniel A&P Falmouth Commercial Director: “We are very familiar with HMS Echo, having carried out her previous refit five years ago and it’s great to have her back. We will carry out survey and maintenance works and upgrade of ship systems […]

  • Seatronics Appoints New Sales Manager in Brazil

    19 July 2013
    Business & Finance

    Seatronics do Brazil, an Acteon company, announces the appointment of Thiago Montanari as sales manager. Montanari is based in Rio de Janeiro and will report directly to Seatronics vice president, Fabio D’Agostino. Montanari has six years of experience in the offshore industry, working extensively in the Caspian (Kasakhstan), Mediterranean, Adriatic and Caribbean (Cuba) seas, as […]

  • Turkey to Ink Qatari LNG Deal

    23 April 2012
    Project & Tenders

    Turkish state-owned  natural gas company, Botas, is expected to sign a preliminary agreement with Qatargas, world’s largest LNG producer, soon, thus creating the groundwork for Turkey to import of 2.5 to 3 billion cubic metres (bcm) of Qatari LNG, Reuters informs. Speaking at a press conference in Doha, Reuters cited Turkish Energy Minister Taner Yildiz […]

  • EIA: Multiple Factors Push Western Europe to Use Less Gas

    27 September 2013

    In contrast to the United States, natural gas consumption in OECD-Europe has been generally declining since 2011, and coal consumption has been generally increasing. A confluence of supply and demand factors, in both the natural gas and coal markets, as well as other economic constraints, have contributed to this phenomenon. OECD European gross domestic product […]

  • Hess narrows second quarter loss

    31 July 2019
    Business & Finance

    U.S. oil and gas company Hess has decided to trim its full year capex guidance. 

  • Marathon Oil Net Income Rises

    6 February 2014

    Marathon Oil Corporation reported full-year 2013 adjusted net income of $1.874 billion, compared to adjusted net income of $1.736 billion for 2012. Full-year 2013 net income was $1.753 billion, compared to $1.582 billion in 2012. “During 2013, we continued to maintain a sharp focus on our core values, operating reliability and execution excellence, marked by […]

  • Infographic: Piracy and Crime Increase in 2015

    22 January 2016
    Business & Finance

    UK’s maritime intelligence and operations company Dryad Maritime has released its analysis of worldwide reported incidents of piracy and crime against mariners for 2015. Southeast Asia saw a 10% rise in maritime crime from 2014, continuing year on year trends. A large portion of the incidents reported have occurred in the Caribbean, Central and South […]

  • ConocoPhillips posts quarterly loss

    2 February 2017

    Houston-based energy giant and LNG player ConocoPhillips reported a loss of $35 million in its fourth quarter of 2016, compared with $3.5 billion in the same quarter a year before. On a per-share basis, ConocoPhillips said it had a loss of 3 cents. Losses, adjusted for one-time gains and costs, came to 26 cents per share […]

  • Containerships Shrinks 2016 Net Loss

    15 March 2017
    Business & Finance

    Finland’s container shipping firm Containerships has managed to cut its net loss during 2016 as it ended the year with with EUR 1.4 million in the red, compared to a net loss of EUR 6.7 million reported in 2015. The company said that its revenue for the period was slightly down to EUR 197.9 million from […]

  • GECF develops gas forecasting model

    12 May 2015

    The Gas Exporting Countries Forum (GECF) has devised a model for forecasting gas market behavior over the world. The model was developed through the assessment of over 6,000 variables supplied by GECF member countries and is aimed at forecasting the market conditions in middle and long-term time spans, Iran’s NIGC said in a statement. It […]

  • Cargo ship catches fire off Greek coast, crew evacuated

    13 November 2020
    Infrastructure, Safety, Vessels

    A fire broke out on board a Togo-flagged general cargo vessel which was moored near Elafonissos, Greece, the Hellenic Coast Guard said.

  • Mermaid Makes Organizational Changes Due to Rebranding

    19 August 2014
    Business & Finance

    Mermaid Maritime Public Company Limited announces an update on the reorganization of subsea business. In line with the rebranding of the Company and the integration all subsea subsidiaries to work under one unified management led by Mr. Paul Whiley, the subsea organization will be geographically separated into two markets of Western and Eastern Hemisphere. Mr. […]

  • GECF develops gas forecasting model

    12 May 2015

    The Gas Exporting Countries Forum (GECF) has devised a model for forecasting gas market behavior over the world. The model was developed through the assessment of over 6,000 variables supplied by GECF member countries and is aimed at forecasting the market conditions in middle and long-term time spans, Iran’s NIGC said in a statement. It […]

  • Russia: GECF Seeking Win-Win Game

    1 July 2013

    The Gas Exporting Countries Forum (GECF) does not confront consumers, rather its moves on their side to materialize a win-win game in line with mutual interests. Addressing the GECF meeting in Moscow, Iranian minister of petroleum, Rostam Qasemi, expressed hope the club of gas exporting countries to put behind all the necessary steps toward development […]

  • US Applies Conditions of Entry to Ships Visiting Seychelles

    1 April 2019
    Rules & Regulation

    The US Coast Guard to impose conditions of entry on vessels arriving from Seychelles.

  • ConocoPhillips lifts 4Q profit. Sets aside $6.1 billion to spend in 2019

    31 January 2019

    U.S. oil company has reported fourth-quarter 2018 earnings of $1.9 billion, an increase compared with fourth-quarter 2017 earnings of $1.6 billion. Excluding special items, fourth-quarter 2018 adjusted earnings were $1.3 billion compared with fourth-quarter 2017 adjusted earnings of $0.5 billion. ConocoPhillips said special items for fourth quarter 2018 quarter included a gain from the sale […]

  • Du Launches Europe India Gateway Submarine Cable (U.A.E)

    24 February 2011
    Business & Finance, Research & Development

      In a landmark development, du today announced partial activation of the new Europe India Gateway (EIG) submarine cable –which will enhance capacity and diversity between the UAE and Middle East to Europe and Asia. The EIG submarine cable was conceived by a 16-member consortium of leading regional and international operators responsible for the construction […]

  • Deadliest Week in Mediterranean

    27 August 2014

    More than 300 people died while trying to make irregular sea crossings from North Africa to Europe in the past week, bringing the death toll this year from sinking vesels on the Mediterranean to almost 1,900, including some 1,600 since June, according to UNHCR. “The past few days have been the deadliest this year on […]

  • OPEC deal a tough task, as oil output freeze expectations rise

    15 August 2016

    By Rania El Gamal and Alex Lawler DUBAI/LONDON (Reuters) – OPEC will probably revive talks on freezing oil output levels when it meets non-OPEC nations next month as top exporter Saudi Arabia appears to want higher prices, according to OPEC sources, although Iran, Iraq and Russia present obstacles to a deal. Riyadh sharply raised expectations […]

  • Sonde Extends Fisal-1 Drilling Deadline

    27 December 2013

    Sonde Resources Corp. has reached an agreement with Joint Oil to extend the drilling of the first exploration well, Fisal-1, required under the Exploration and Production Agreement as amended, from December 2013 to November 2014. The 768,000 acre Joint Oil Block lies offshore crossing the maritime border of Tunisia and Libya. The Agreement requires Sonde to […]

  • Halliburton Releases First Quarter 2011 Earnings Report (USA)

    18 April 2011
    Business & Finance, Operations & Maintenance

    Halliburton announced that net income for the first quarter of 2011 was $557 million, or $0.61 per diluted share, excluding the Libya charge of $46 million, after-tax, or $0.05 per diluted share, related primarily to reserving certain assets as a result of recent political sanctions. This charge does not include the operating losses incurred in […]

  • Repsol dives to third quarter loss

    12 November 2015

    Spanish oil company Repsol reported a net loss for the third quarter of 2015, mainly hit by low oil prices. The oil firm, based in Madrid, saw its 3Q result dive to a net loss of 221 million euros, versus a net gain of 319 million euros a year ago. Adjusted net income was 159 […]

  • 19 Migrants Die off Lampedusa, Italy

    20 July 2014

    The Italian Navy has disclosed that nineteen people died in an effort to reach Italy on a boat carrying hundreds of migrants en route to the Italian island of Lampedusa, Reuters reports.   The bodies were found in the hold of the boat, leading the Italian Navy to believe that the cause of death is carbon monoxide […]

  • Baker Hughes Awarded Multi-Million Contract by Woodside Energy Ltd. in Australia

    13 October 2010
    Business & Finance, Equipment

    Baker Hughes  announced today that BJ Services, a Baker Hughes company, was awarded a USD multimillion contract by Woodside to provide casing and tubing running services in Australia. Work associated with the three-year contract began in May 2010 on various wells in Woodside’s operations offshore northwestern Australia. Baker Hughes will support operations from its bases […]