1202 results found for 'Libya'

1202 results found for 'Libya'
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  • BP brings Atoll field online ‘7 months ahead of schedule’

    12 February 2018
    Project & Tenders

    UK oil and gas giant BP has started producing gas from its Atoll Phase One project, offshore Egypt.

  • 11 more FPSOs in Brazil’s pre-salt layer on Petrobras’ five-year agenda

    6 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

     Petrobras has unveiled plans to put 11 additional FPSO units into operation in the pre-salt layer offshore Brazil by 2027, which are anticipated to boost production, enabling it to reach 2.4 million boe.

  • Highlights of the Week

    7 December 2014
    Equipment, Operations & Maintenance

    Subsea World News has put together a recap of the most interesting articles from the previous week (December 01 – December 07).       Allseas’ flagship vessel, the 382 metres long and 124 metres wide Pieter Schelte, might be looking for a new job following the latest South Stream developments. Namely, during his latest […]

  • BP Kicks Off at Atoll

    12 February 2018
    Business & Finance, Operations & Maintenance

    BP has started gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below the initial cost estimate, according to BP. The project is now producing 350 million cubic feet of gas a day […]

  • Turkey now boasts a fleet of four rigs as ex-Vantage drillship finally finds home

    18 November 2021
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Turkey’s oil and gas giant TPAO has added another deepwater drillship to its fleet of drilling rigs, which are working in the Black Sea.

  • General officially takes Petrobras chief executive seat

    19 April 2021
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    The board of directors of Petrobras has officially confirmed Joaquim Silva e Luna as the company’s new chief executive officer (CEO) and chosen its new division heads.

  • Three DOF vessels going to work for Petrobras

    19 July 2024
    Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured multiple new contract awards that will see another three of its vessels working for Brazilian oil and gas giant Petrobras. Anchor handling tug and supply (AHTS) vessels Skandi Jupiter and Skandi Mercury, under management contracts with DOF, have been contracted by Petrobras to operate as AHTS 230t BP after the […]

  • DW: Will demand for local content undermine cost cuts drive?

    20 February 2017

    Brazil and Tanzania are two countries at very different stages of oil and gas development, Douglas-Westwood said in its DW Monday report.  Brazil is a well-established powerhouse, reeling from a recent corruption scandal, while Tanzania is at the early stage of development after a series of promising discoveries by majors including Shell and Statoil, DW explained. […]

  • Poland: Rickmers Container Vessel Breaks Baltic Port Records

    19 May 2011
    Business & Finance

        The arrival from China of the Rickmers-owned containership Maersk Elba at the DCT Gdansk terminal on 11 May marked a new era in Baltic shipping. At 13,092TEU and carrying containers 17-wide below deck and 19-wide on the hatchcovers, she is the biggest container vessel by far ever handled by a Baltic port. Whilst […]

  • Italy: Eni Delivers Excellent Results in Second Quarter

    1 August 2012
    Business & Finance, Operations & Maintenance

    Eni, the international oil and gas company, announces its group results for the second quarter and the first half of 2012 (unaudited). Financial Highlights: – Adjusted net profit: €3.94 billion for the first half (up 8%); €1.46 billion for the quarter (up 2%); – Net profit: €3.84 billion for the first half; €0.23 billion for […]

  • New FPSO achieves first oil at Petrobras’ third largest field offshore Brazil (Gallery)

    30 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petrobras has put into operation another floating production, storage, and offloading (FPSO) vessel, which is working at the firm’s third-largest oil field in the Santos Basin off the coast of Brazil.

  • Petrobras and Yinson firm up FPSO deal worth over $5 billion

    8 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Petrobras and Yinson have signed the contracts for the chartering and provision of FPSO services for the Jubarte field offshore Brazil.

  • Sembmarine’s 2Q profit down 51%

    28 July 2017

    Singapore’s offshore rig builder Sembcorp Marine sees signs of offshore market improvement, however it believes its will take longer for a more robust recovery. The company’s second quarter revenue fell to $655 million, a 28 percent dive compared to $908.5 million in 2Q 2016. Net profit fell to $5.6 million, down from 51 percent down […]

  • Lomar Committed to Its Large-Scale Fleet Expansion

    22 January 2014
    Business & Finance

    Lomar has continued its large-scale fleet expansion with the addition of six container ships to its fleet, the declaration of options on its newbuilding orders as well as the placement of new orders for bulk carriers from the COSCO shipyard in China. These latest developments take the company’s fleet to over 60 including purchase options. […]

  • Petrobras, Total finalize $1.95B offshore Brazil asset transfer

    15 January 2018
    Business & Finance

    Petrobras has completed the previously announced sale of shares in several Brazilian fields to France’s  Total for $1.95 billion.

  • Italy: Eni Net Profit Up 8 Pct

    1 August 2012

    Eni, the international oil and gas company, announced its group results for the second quarter and the first half of 2012 (unaudited). Financial Highlights Adjusted net profit: €3.94 billion for the first half (up 8%); €1.46 billion for the quarter (up 2%); Net profit: €3.84 billion for the first half; €0.23 billion for the quarter; […]

  • Brazil sees monthly increase in oil & gas production, with lion’s share coming from Petrobras’ offshore fields

    2 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    The Brazilian National Agency for Petroleum, Natural Gas, and Biofuels (ANP) has published its monthly oil and natural gas production bulletin for August 2024, comprising consolidated data on national production.

  • BP puts Subsea 7 in charge of gas tie-back project in Mediterranean Sea

    3 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BP has picked Subsea Integration Alliance for a two-well tie-back project in the large West Nile Delta (WND) development off Egypt.

  • Despite lower profits, European and US oil & gas giants soldier on with ‘solid’ results

    30 October 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Project & Tenders, Transition

    TotalEnergies, Eni, ExxonMobil and Chevron have reported strong operating and financial performance in the third quarter of 2023.

  • Israel says it identified tanker responsible for oil spill

    4 March 2021
    Authorities & Government, Environment, Vessels

    Israel has identified the crude oil tanker that polluted its shores with blocks of tar following an oil spill, the country’s Environmental Protection Minister Gila Gamliel said. According to the Ministry of Environmental Protection, the ship in question is a Libyan-owned ship that was carrying cargo from Iran to Syria named Emerald. The findings from […]

  • SBM Offshore hopes to get back on Petrobras’ bidders list

    12 September 2014

    SBM Offshore, a provider of floating production storage and offloading vessels, expects it will be qualified to bid for Petrobras’ projects again after October elections in Brazil, Reuters reports.

  • Tianjin Southwest firms up option for two LPG carrier dual-fuel retrofits

    7 February 2023
    Business Developments & Projects, Vessels

    COSCO Shipping Heavy Industry (Guangdong) had revealed that it will retrofit the main engines aboard two LPG carriers from the fleet of compatriot liquefied gas operator Tianjin Southwest Maritime.

  • BASF, Gazprom Swap Assets

    24 December 2013

    Yesterday in Moscow, BASF and Gazprom signed the final agreement to swap assets of equivalent value. Through the swap, the BASF subsidiary Wintershall will further expand its production of oil and gas and exit the gas trading and storage business. The completion of the transaction is expected to take place mid-2014 and will be economically […]

  • Navios Partners Suffers Net Loss in Q1

    6 May 2019
    Business & Finance

    Navios Maritime Partners, an owner and operator of dry cargo vessels, ended the first quarter of this year with a net loss. The company reported a net loss of USD 9.5 million in Q1 2019, compared to a net income of USD 5.5 million seen in the corresponding period a year earlier. As explained, net […]

  • Sandvik’s stainless steel umbilicals ordered for Mero field

    3 March 2020
    Business & Finance, Equipment

    Swedish engineering group Sandvik has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield.