1196 results found for 'Libya'

1196 results found for 'Libya'
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  • Eni’s Profit Rises (Italy)

    30 October 2012

    Italy’s Eni, the international oil and gas company, today net profit of €6.33 billion for the nine months and €2.48 billion for the quarter 2012. The oil company’s net profit was at €5.61 billion for the nine months (an increase of 4.6%) and €1.78 billion for the quarter (up 3.1%). Oil and natural gas production […]

  • VIDEO: IHC Splashes Subsea 7’s SEVEN SUN

    22 December 2014
    Equipment, Operations & Maintenance

    Royal IHC launched Subsea 7’s latest pipelay vessel SEVEN SUN, on friday 19th december 2014 at its shipyard in Kinderdijk, the Netherlands. Seven Sun is the third of four vessels Subsea 7 has ordered to operate for Petrobras offshore Brazil. In August last year, IHC announced the orders from Subsea 7 for three ships of identical […]

  • Subsea 7 Bags West Nile Delta Gig Off Egypt

    30 December 2015
    Operations & Maintenance, Project & Tenders

    Subsea 7 has been awarded a sizeable contract (between USD 50 million and USD 150 million) by Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development of the Taurus and Libra fields by BP, offshore Egypt. Engineering and project management work will start immediately and will be […]

  • Subsea 7 nets work on BP’s offshore project in Egypt

    30 December 2015

    Subsea 7 has secured a contract by Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development of the Taurus and Libra fields by BP, offshore Egypt. According to Subsea 7, engineering and project management work will start immediately and will be undertaken at Subsea 7’s Cairo office […]

  • STX France SA Terminates GNMTC Cruise Vessel Contract

    23 June 2011

    STX France SA, a 66.66% owned subsidiary of STX Europe AS, has rescinded the contract with GNMTC (General National Maritime Transport Company) – the state owned Libyan shipping company – for the construction of a 140,000 GT cruise vessel for delivery end-2012. The reason for the rescission is the default of payment from GNMTC. STX […]

  • BW LPG to retrofit six VLGCs with LPG propulsion

    27 August 2021
    Vessels

    Singapore-based owner and operator of LPG vessels BW LPG has revealed that it plans to retrofit six of its very large gas carriers (VLGCs) to liquified petroleum gas (LPG) propulsion.

  • Norway: Hoegh LNG Q3 Income Rises 7 Percent

    30 November 2011

    Höegh LNG today announced its interim results for the period ended 30 September 2011. Highlights * Total income of USD 27.4 million, up 7 % from the third quarter 2010 * Operating profit before depreciation of USD 8.6 million * Exclusive negotiations with PGN regarding the Medan FSRU project well advanced * Submitted bids for […]

  • Lomar Bolsters Containership Fleet

    3 March 2015
    Business & Finance

    Libra Group’s Lomar is boosting its containership fleet capacity with up to seven ships as it sets sight on tapping into the potential of strong container market. The company has reported an order for up to four newbuilding containerships from the Yangzijiang Shipyard in addition to purchasing of three vessels.  The new vessels are the latest ‘widebeam’ specification with a nominal […]

  • Hoegh LNG Q4 Income at USD 51.6 Million

    28 February 2014

    Höegh LNG of Norway reported USD 51.6 million in total income in the fourth quarter of 2013, up from USD 37.6 million in the fourth quarter of 2012. Operating profit before depreciation was USD 8.9 million in the quarter, down from USD 20.6 million in the fourth quarter 2012. The deviation is mainly explained by […]

  • Seadrill-Petrobras rig deal falls through?

    13 February 2015
    Business & Finance, Exploration & Production

    Seadrill has informed it will remove US$1.1 billion from the backlog reported in its third quarter earnings release on account of contract extensions for two semi-submersible rigs, the West Taurus and West Eminence, signed with Petrobras. “Due to recent developments within Petrobras, the company no longer believes the contracts will be concluded in the timeframe or on the previously […]

  • FSL Trust refinances 5 tankers

    2 March 2021
    Business & Finance

    FSL newbuilds

  • STX France Terminates GNMTC Cruise Vessel Contract

    23 June 2011
    Business & Finance

      STX France SA, a 66.66% owned subsidiary of STX Europe AS, has rescinded the contract with GNMTC (General National Maritime Transport Company) – the state owned Libyan shipping company – for the construction of a 140,000 GT cruise vessel for delivery end-2012. The reason for the rescission is the default of payment from GNMTC. […]

  • Lomar Shipping acquires Supramax bulk carrier trio

    9 May 2023
    Business Developments & Projects, Vessels

    UK-based shipowner Lomar Shipping, part of Libra Group, has acquired three Supramax bulk carriers as part of its fleet renewal program.

  • Sandvik to Supply Steel Umbilical Tubes for Brazil’s Mero Field

    3 March 2020
    Equipment

    Sandvik has received the first large scale stainless steel umbilical tube order in Brazil pre-salt Mero oil field. The order consists of over 500 kilometers of Sandvik’s super duplex Sandvik SAF 2507 stainless steel umbilical tubes encapsulated by Prysmian Group. Sandvik SAF 2507 is an austenitic-ferritic stainless steel that performs well in highly corrosive conditions. […]

  • Navios Partners Earnings Solid in Healthy Charter Market

    31 October 2019

    The company earned a TCE rate of USD 18,778 per day for the third quarter.

  • Norway: Hoegh LNG Q4 Income Rises

    29 February 2012

    Norway’s Höegh LNG reported total income of USD 30.0 million for the fourth quarter of 2011, up 18 % from the fourth quarter 2010. Highlights * Operating profit before depreciation of USD 3.5 million, up from USD 3.3 million in the fourth quarter 2010 * Awarded an engineering study for an FLNG solution for the […]

  • Maersk Supply extends stay in Angola

    23 August 2021
    Business Developments & Projects, Project & Tenders

    Maersk Supply Service has secured a one-year contract extension for one of its I-class subsea support vessels with an undisclosed ‘major’ oil operator in Angola.

  • AAA Chair: AI and automated ships pose new challenges in casualty liability

    18 May 2023
    Automation, Business & Finance, Green Marine, IT & Software, Regulation & Policy, Vessels

    Artificial Intelligence and the advent of automated ships will pose difficult questions in determining liability under the Hague Rules for maritime casualties, the 2022-2023 chairman of the Association of Average Adjusters, Sir Nigel Teare, cautions. Sir Nigel drew attention to a recent case involving the containership CMA CGM Libra, which grounded due to negligent navigation. […]

  • Crippled containership towed to Dunkirk after losing engine power

    28 December 2022
    Green Marine, Vessels

    A Liberian-flagged containership HSL Nike suffered an engine malfunction on Monday, December 26 while sailing toward the port of Rotterdam. The vessel anchored off Cap Gris-Nez in northern France to avoid drifting while the crew tried to repair the engine. After a full day of investigations carried out by the crew, the breakdown was not resolved, […]

  • SBM Offshore Inks FPSO Sepetiba Deals with Petrobras

    12 December 2019
    Business & Finance

    SBM Offshore signs contracts with Petrobras for the 22.5-year lease and operation of FPSO Sepetiba.

  • Petrobras books Constellation drillship for drilling ops in Brazilian waters

    17 December 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Constellation Oil Services has won a new multi-year assignment off the coast of Brazil for one of the drillships in its rig fleet with the state-owned energy giant Petrobras.

  • BP eyes first gas months earlier with subsea ops already underway, as Valaris rig moves to next well

    14 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month.

  • CHC orders another helicopter for UK ops

    28 February 2018

    Offshore helicopter operator CHC will be adding another helicopter to its fleet operating in the UK through an agreement with Lease Corporation International (LCI).

  • Lomar Orders Two Boxships at Guangzhou Wenchong

    6 November 2015
    Business & Finance

    British ship owner Lomar Shipping has inked an order with China’s Guangzhou Wenchong Shipyard for construction of two 2,700 TEU containerships. The contract includes options for two more units. The ships feature 186 meters in lenght, 34.8 meters in width and 17.9 m depth. The value of the contract and the delivery dates of the […]

  • Nexans Umbilicals for West Nile Delta Project

    13 September 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    BP has ordered approximately 100 km of static umbilicals and associated accessories from Nexans for the next stage of the West Nile Delta project. This contract should help BP, and partner DEA (Deutsche Erdoel AG), develop the Giza, Fayoum and Raven gas condensate fields and for future discovered and undiscovered resources in the BP and DEA […]