1196 results found for 'Libya'

1196 results found for 'Libya'
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  • Total reaches oil production milestone offshore Angola

    27 May 2015
    Business & Finance, Project & Tenders

    French oil company Total has said today it has achieved the significant milestone of producing a cumulative two billion barrels from its operated deep offshore Block 17 located 150 km off the coast of Angola. With the recent start up of CLOV, Block 17 has become Total’s most prolific site with production of over 700,000 […]

  • Subsea 7 Bags USD 500 Mln Gig Offshore Egypt

    30 July 2015
    Operations & Maintenance, Project & Tenders

    Subsea 7 announced the award of a contract with a value of approximately USD 500 million by BP, and partner DEA, for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt. The contract is the first phase of Egypt’s West Nile Delta project where field development will be at depths of approximately […]

  • VIDEO: IHC Launches Subsea 7’s SEVEN RIO

    28 November 2014
    Operations & Maintenance

    IHC has successfully launched Subsea 7’s 550t pipelaying vessel, SEVEN RIO, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was carried out by Anelise Lara, Petrobras Executive Manager for the Libra Project.   In August last year, IHC announced the orders from Subsea 7 for three ships of identical design to the […]

  • Petrobras facing $15B loss in case of SBM Offshore contracts termination

    7 July 2014

    Petrobras, Brazil’s state-controlled oil company, said today that it may have a reduction of $15 billion in net income between 2014 and 2018 in case of termination of current contracts with SBM Offshore. To remind, SBM Offshore, the world’s largest provider of floating production units has been accused of bribing Petrobras’ officials to secure contracts. Petrobras […]

  • Lomar Returns to Chinese Yards for More

    22 January 2014

    Lomar, a subsidiary of the Libra Group, has declared options on another five newbuildings and announced two new orders, all from Chinese shipyards. Two of the options are for 1,100 TEU container ships from the Yangzijiang shipyard. They are designed by leading Chinese design institute SDARI (Shanghai Merchant Ship Design and Research Institute) and ships […]

  • FPSO comes to Brazilian waters and heads for Petrobras’ third largest oil field

    28 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petrobras has welcomed the arrival of a floating production, storage, and offloading (FPSO) vessel from China to Brazilian waters.

  • Top News of the Week of Oct 28 – Nov 03, 2013

    3 November 2013
    Business & Finance

    1. Seaway Heavy Lifting, Permaducto Secure Offshore Installation Contract in Mexico On Friday 18th October Seaway Heavy Lifting signed a contract with Permaducto to execute work in Mexico in a joined offshore programme for the Pemex’s KuMaZa/Cantarell project. 2. Subsea 7, Technip Awarded Contracts for TEN Project in Ghana Subsea 7 S.A. announced the award […]

  • Most popular articles of the week, June 9 – 15, 2014

    15 June 2014

    Most popular articles of the week, June 9 – 15, 2014

  • Ocean Rig snaps up drillship at auction for $65M

    26 April 2016
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, has acquired the drillship Cerrado for $65 million.  Ocean Rig’s subsidiary bought the 6th generation ultra-deepwater drillship Cerrado through an auction for a purchase price of $65 million. Ocean Rig said on Monday the purchase would be funded with available cash on hand. […]

  • Shell and Petrobras in Brazil Deepwater Pact

    12 September 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Royal Dutch Shell and Petrobras signed last week in The Hague, Netherlands, a memorandum of understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil. Shell should benefit from technical solutions, contract management expertise and cost efficient initiatives Petrobras applies to Brazil’s pre and post-salt projects. Shell will share with Petrobras […]

  • Dleif Drilling rejects $75 million offer for drillship sale

    30 January 2017
    Exploration & Production

    U.S.-based Dleif Drilling has rejected an offer made by Borr Drilling, formerly known as Magni Drilling, for the sale of the drillship Sertão.  Dleif received the offer for the drillship in November 2016 from the then Magni Drilling. The $75 million offer was not accepted by Dleif and subsequently expired on November 22, 2016, although conversations with […]

  • China: GWS and Lomar Ink Shipbuilding Contract

    26 March 2012

      Lomar, the shipping subsidiary of the Libra Group, signs new order with GWS China for latest generation of container vessels Lomar has signed an order with the Guangzhou Wenchong Shipyard in South China, for up to six new container ships. Scheduled for delivery starting from early 2014, the 2.190 nominal TEU capacity vessels (14mt/TEU […]

  • MAN Diesel & Turbo tech ordered for LNG-fueled fishing vessel

    24 May 2018
    Project & Tenders, Vessels

    MAN Diesel & Turbo has been selected to provide a complete propulsion package and fuel-gas system for the world’s first fishing vessel with LNG propulsion.

  • Ocyan and Petrobras seal the deal for ultra-deepwater drillship

    11 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Brazilian oil and gas services provider Ocyan has been awarded a contract for an ultra-deepwater drillship by Petrobras in Brazil.

  • Petrobras: Lula Extremo Sul area produces first oil

    24 October 2018

    Petrobras has informed that oil and gas production has started from the Lula Extremo Sul area in the Santos Basin via the P-69 FPSO.

  • Petrobras, Shell in E&P tie-up

    11 September 2017

    Brazilian oil giant Petrobras has signed a memorandum of understanding (MoU) with Royal Dutch Shell to establish a long-term mutual collaboration in developing pre-salt fields in Brazil.  Petrobras said last Friday that the deal was signed with Shell Exploration Company (West) B.V., a subsidiary of Royal Dutch Shell, aiming to share best practices and lessons learned regarding […]

  • Petrobras rebuffs talks of pre-salt assets sale

    16 April 2015
    Business & Finance

    Brazil’s state-run oil company Petrobras has denied it has plans to sell stakes in its pre-salt assets.  Namely, reports have emerged that Petrobras might sell some of its pre-salt assets prompting the company to issue a statement denying  the media writings. In particular, Petrobras rebuffed the report by Brazilian newspaper Valor Economico published on Wednesday, April 15, 2015, […]

  • As drillship gets ready for its Brazilian gig with Petrobras, $500 million lands on Hanwha Drilling’s backlog

    2 October 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Hanwha Drilling, part of South Korea’s Hanwha Group, has secured its first multimillion-dollar contract for a seventh-generation drillship, which will work at the coast of Brazil for the South American country’s energy giant Petrobras.

  • Petrobras: 9 New Production Units in a Single Year

    31 October 2013

    Petrobras will receive nine production units in a single year for the first time ever. The installed production capacity of the platforms amounts to 1 million barrels per day and the units coming on stream will be essential for the company to double its current production and achieve the target of 4.2 million barrels of […]

  • Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips get their hands on total profits of more than $29 billion

    4 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during the quarter, which amounts to about 29.2 billion, compared to $33.9 billion gathered in the prior quarter.

  • Brazil: Statoil hires two platform suppliers for Carcara work

    8 November 2017
    Business & Finance

    Statoil has awarded contracts to a pair of Solstad Farstad’s platform supply vessels for operations off Brazil. 

  • Most popular articles of the week, May 26 – June 1, 2014

    1 June 2014

    Petrobras to exclude SBM Offshore from FPSO bidding World’s largest FPSO supplier could miss out on Libra and Tartaruga Verde bidding in Brazil. Greenpeace vessel blocks Statoil’s rig from reaching drill site The Greenpeace ship Esperanza is blocking the arrival of Statoil’s Transocean Spitsbergen oil rig in the Arctic by occupying the exact location where […]

  • Northern Drilling cancels deal to buy drillship from South Korean shipbuilder

    8 October 2019
    Exploration & Production

    Northern Drilling has canceled the resale contract for the West Cobalt drillship with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).

  • BW LPG Stays Sharp

    19 November 2015

    Singapore-headquartered gas shipping company BW LPG ended the third quarter of 2015 with USD 106.2 million net profit, a 21.4% increase compared to USD 87.5 million reported for the same period a year earlier, driven mainly by improved time charter equivalent (TCE) earnings and a bigger operating fleet. Operating revenue for the quarter ended September 30 […]

  • Maersk Supply Service hand-picks UK firm for ‘complex’ ultra-deepwater job at Brazil’s huge oil field

    25 September 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Maritime Developments Limited (MDL) has been tasked with providing horizontal subsea umbilicals, risers, and flowlines (SURF) lay spread onto an I-class subsea support vessel to assist Denmark-headquartered Maersk Supply Service (MSS) with a solution development scope at a giant oil field in the pre-salt Santos Basin off the coast of Brazil.