8118 results found for 'Maersk Oil'

8118 results found for 'Maersk Oil'
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  • Rickmers Maritime Plunges to Full Year Loss

    22 February 2016
    Business & Finance

    Singapore-listed containership owner Rickmers Maritime recorded a net loss of USD 129.6 million in the fourth quarter of 2015 against a net profit after tax of USD 11.2 million in the corresponding period of 2014. The plunge in profit came as Rickmers Trust Management, the trustee-manager of Rickmers Maritime, recognised non-cash impairment charges of USD 128.4 million in 4Q2015 in light […]

  • Dana Petroleum Provides Drilling Update on Cormoran-1 Well (Mauritania)

    11 January 2011

    Dana Petroleum advises that the Cormoran-1 exploration well has been drilled to a total depth of 4,695 metres below sea level and has been plugged and abandoned as a gas discovery. Stabilised gas flow rates of between 22 and 24 million standard cubic feet per day (MMscfpd) were obtained during a test of one of […]

  • CPRA Implementation Update – April 2019

    18 April 2019
    Business & Finance

    Seven major coastal restoration projects in Louisiana totaling more than half a billion dollars have been completed and paid for with settlement money resulting from the 2010 Deepwater Horizon oil spill. Projects working their way toward construction this year or in years to come will use another $4.4 billion in settlement dollars. Coastal Protection and Restoration Authority […]

  • Dramatic development of shipbuilding industry

    14 March 2007

    The Vietnam Shipbuilding Industry Group (Vinashin) enters 2007 with a number of contracts worth billions of US dollars to build ships for domestic customers, including three 105,000-tonne oil tankers for the Vietnam Oil and Gas Transport Joint Stock Company. This marks a new and important development of the country’s shipbuilding industry.

  • Hess Chairman retires due to health reasons

    3 March 2016
    Business & Finance

    Hess Corporation, an independent oil and gas company, announced on Wednesday that its Chairman of the Board of Directors, Dr. Mark Williams, is retiring effective immediately, due to health reasons. James Quigley, former chief executive officer of Deloitte and a current director of Hess, has been named by the Board to succeed Dr. Williams, also effective […]

  • South Africa: Dredging to Bring Larger Vessels to Durban

    3 July 2012

    The Mediterranean Shipping Company’s vessel MSC Sola is expected to arrive off Durban in the early hours of Wednesday, according to the IOL News. This vessel weighs 131,771 tons and has the length of three-and-a-half rugby fields. Fully loaded it is capable of carrying 11,660 standard containers. IOL News reports that when the MSC Sola […]

  • Santos reaches milestone in Vietnam

    14 January 2015
    Project & Tenders

    Santos, an independent oil and gas exploration and production company based in Australia has reached a milestone with a hundredth oil shipment from the company’s Vietnam assets. The company has spread the word using social media. Santos said that its Chim Sao/Dua oilfields offshore Vietnam has shipped 29m bbls since 2009. Monday, January 12 marked the 100th shipment from the […]

  • Norway: Lundin Petroleum Starts Johan Sverdrup Appraisal Drilling

    6 February 2012
    Business & Finance

    Swedish-based oil and gas company, Lundin Petroleum has commenced drilling of the appraisal well 16/2-11 on the Johan Sverdrup (formerly know as Aldous/Avaldsnes) discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS). The planned depth is approximately 2,175 meters below mean sea level and the well will be drilled using the […]

  • Asset trio stake sale to Inpex fueling Pandion’s growth ambitions

    22 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norway’s oil and gas company Pandion Energy has signed an agreement to sell its stakes in three assets offshore Norway to Inpex Idemitsu Norge, a subsidiary of Japan’s Inpex.

  • GE to Supply Subsea Wellheads for PEMEX’s Deepwater Exploration Projects

    6 June 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    GE Oil & Gas has signed an $84 million agreement with PEMEX Exploration and Production to supply and to install subsea wellheads for PEMEX’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. This marks GE’s largest agreement with PEMEX for the supply of subsea high capacity wellheads. The Gulf of Mexico is a […]

  • GE Presents SeaONYX BOP Control System at OTC 2013 (USA)

    9 May 2013
    Business & Finance, Equipment

    GE Oil & Gas is launching its next-generation SeaONYX* blowout preventer (BOP) surface control system and operator interface at the 2013 Offshore Technology Conference (OTC). Designed for high-speed, reliable performance in the demanding deepwater drilling environment, the new system incorporates GE’s Mark* Vle hardware and Proficy* software tools, which have been proven in a wide […]

  • Lekoil pens offtake deal for Otakikpo oil with Shell

    30 March 2017
    Business & Finance

    Africa-focused oil and gas company Lekoil has signed a commercial offtake agreement with Shell Western Supply and Trading Limited, a subsidiary of Royal Dutch Shell. Lekoil said on Thursday that it executed an offtake agreement in respect to the sales of its crude entitlement from the Otakikpo marginal field offshore Nigeria. The field is operated […]

  • CPRA Releases First Final Restoration Plan

    23 January 2017
    Business & Finance, Project & Tenders

    Louisiana’s Coastal Protection and Restoration Authority (CPRA), along with the other state and federal agencies of the Louisiana Trustee Implementation Group, announced last week the release of its “Final Restoration Plan #1”. The plan selects restoration projects that will continue to address injuries to the natural resources in Louisiana caused by the Deepwater Horizon oil […]

  • Dubai offshore oil fields transition to new operator

    7 August 2006

    The Government of Dubai and Dubai Petroleum Company (DPC) today announced a joint agreement that will change the operating agreements for Dubai offshore oilfields. Effective April 2007, DPC will end it’s role as operator, marking the end of Dubai’s first offshore oil concession and the beginning of a new phase in which the Emirate of […]

  • Work Starts on Trelleborg Offshore*s New Brazil Facility

    7 January 2011
    Business & Finance

    Trelleborg has marked the start of work on its new Brazil facility with a sod-cutting ceremony at the site in Macaé. The new facility, due to open towards the end of 2011, will manufacture Trelleborg Offshore’s complete product portfolio, which includes a wide range of polymer-based solutions for offshore topside and subsea oil and gas […]

  • First US subsea rock installation vessel launches, delivery early in 2026

    23 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Vessels

    Texas-headquartered Great Lakes Dredge & Dock Corporation (GLDD) has launched the first U.S.-flagged, Jones Act-compliant subsea rock installation vessel (SRIV), with delivery expected early in 2026. Acadia, launched at the Hanwha Philly Shipyard, Pennsylvania, is capable of transporting and installing up to 20,000 metric tons of rock on the seabed, used as critical scour protection […]

  • USA: Apache Appoints Gilbronson, Bright to Lead O&G Marketing Activities

    14 March 2011

      Apache Corporation today announced that Dave Gilbronson and Mark Bright will lead Apache’s oil and gas marketing organization, which will be divided along geographic lines. Gilbronson has been appointed to vice president of international marketing and Bright to vice president of North America marketing. Gilbronson, director of risk management since 2009, joined Apache in […]

  • Infographic: International Shipping ahead of Petroleum Day

    11 November 2014

    Ahead of Petroleum Day, which will be marked on November 17th, we have prepared this interesting infographic for you. The infographic presents you with a lot of key information about shipping of oil, decline in oil spillages along with facts and figures about the international shipping trends. World Maritime News Staff; Infographic: Bracken Foam Fabricators

  • Oil Found at Oyo Field in Miocene Zone (Nigeria)

    13 November 2013

    CAMAC Energy Inc. today announced it has been informed by Allied Energy Plc that the Oyo-7 well offshore Nigeria in OML 120 has confirmed the presence of hydrocarbons in the Miocene formation.   This marks the first time a well has been successfully drilled into the Miocene formation of the Oyo oil field. Hydrocarbons were […]

  • Gullfaks increases production

    28 January 2007

    Production from Statoil’s Skinfaks/Rimfaks project in the North Sea started on 27 January. First oil will be from Rimfaks improved oil recovery (IOR). In addition to IOR at the Rimfaks field, the project also marks the start of Skinfaks field production. All wells will be on stream in the course of autumn 2007 with both […]

  • NYK Line Orders LNG Carrier from Hyundai Samho

    29 January 2018
    Business & Finance

    NYK Line has placed an order for a new liquefied natural gas (LNG) carrier with Hyundai Samho Heavy Industries.

  • Highlights of the Week

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

    Subsea World News has put together a recap of the most interesting articles from the previous week (September 12 – September 18). Aker Solutions, Det norske oljeselskap and Subsea 7 agreed on a so-called “one for all, all for one” collaboration model that should, as the companies believe, mark a major shift in how an […]

  • ExxonMobil entrusts EnerMech with deepwater decom job at oil & gas project in US Gulf

    16 June 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    EnerMech, an Aberdeen-headquartered integrated solutions specialist, has secured a new decommissioning assignment for a 25-year-old oil and gas project in the Gulf of America, formerly the U.S. Gulf of Mexico.

  • Mega drilling structure assembly marks milestone for Cenovus’ Newfoundland field

    17 July 2025
    Business Developments & Projects, Infrastructure

    Canadian oil and gas company Cenovus Energy has merged two large structures that will form part of the drilling platform at its field offshore Newfoundland, Canada.

  • Norway: ConocoPhillips Allowed to Work on Ekofisk with Maersk Gallant Rig

    21 July 2010
    Business & Finance

    The Petroleum Safety Authority Norway (PSA) has given ConocoPhillips Skandinavia AS (COPSAS) consent to carry out well work on Ekofisk 2/4 Bravo with the mobile drilling facility Mærsk Gallant. The consent covers plugging and drilling of a sidetrack from an existing production well. According to the application, the plan is to start work in September. […]