8115 results found for 'Maersk Oil'

8115 results found for 'Maersk Oil'
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  • Australia: Clough Profit Dives

    26 August 2011
    Business & Finance

      Engineering and construction company Clough Limited announced a result in line with previous guidance with a 25% increase in total revenue to $1bn but a reduction in underlying earnings to $47.2m, due to a loss in the Marine Construction division as a result of soft market conditions. On 8 August the Company announced that […]

  • India: Mercator Posts Financial Results for Quarter Ended June 2012

    14 August 2012
    Business & Finance

    Mercator Limited announced its un-audited financial results for the quarter ended June 30, 2012. The total consolidated income for the Q1FY13 was Rs. 1095 Cr. against Rs. 799 Cr. during Q1FY12 recording an increase of 37% on YOY basis. The operating profit (PBIDT) at Rs. 182 Cr increased by 18% compared to Rs. 154 Cr […]

  • Piper Alpha: 25th Anniversary of the World’s Worst Offshore Disaster (VIDEO)

    7 July 2013

    Saturday, July 6, 2013 marked the 25th anniversary of the largest disaster in the history of offshore oil and gas industry. On Wednesday, July 6, 1988 the Piper Alpha platform in the UK part of the North Sea was struck by an explosion which set the facility on fire, killing 167 men on board. The […]

  • Report: South Korea selling its sole offshore drilling rig

    30 October 2017

    While South Korea is widely considered as the world’s largest offshore rig builder, the country has only one such rig of its own, and is now selling it

  • Husky Hires Technip for Subsea Works at White Rose Field (Canada)

    8 May 2013
    Business & Finance

    French provider of oilfield services Technip has been awarded by Husky Oil Operations two contracts, for the planned subsea tieback of the South White Rose Extension field. Technip did not disclose the exact combined value of the contracts but said that the value was substantial. For Technip, a “substantial” subsea contract is ranging from €100 […]

  • Oil price recovery brings Eni back to profit

    10 May 2017
    Business & Finance

    Italian oil company Eni returned to profit during the first quarter of 2017, versus a loss in the year-before quarter, owing to the upward trend in crude oil prices.  The oil company on Wednesday posted a net profit of €965 million, versus a loss of €383 million. According to Eni, this performance was driven by a recovery […]

  • Noreco exits Huntington, wins court case in Denmark

    19 December 2016
    Business & Finance, Project & Tenders

    Norwegian oil company Noreco will transfer its ownership in the Huntington oil field in the North Sea to Premier Oil. The company said Monday its subsidiary Noreco Oil UK entered into an agreement to transfer its 20% participating interest in the Huntington license with all rights and obligations to Premier Oil E&P UK Limited. “The […]

  • UK: Guidelines for Marine Oil and Chemical-Spill Response Launched

    18 November 2011
    Business & Finance

    A set of new guidelines to strengthen the response to oil and chemical spills at sea has been published recently. The post-incident monitoring guidelines are a key output from the PREMIAM project (Pollution Response in Emergencies: Marine Impact Assessment and Monitoring) which was initiated in 2009. A comprehensive document, the guidelines provide the principles upon […]

  • EnerMech scores multi-year contract for North Sea FPSO support

    3 July 2025
    Business Developments & Projects, Project & Tenders

    Aberdeen-headquartered integrated solutions specialist EnerMech has won a multi-year contract with compatriot oil and gas player Dana Petroleum for work related to a floating production, storage and offloading (FPSO) vessel it operates in the North Sea. 

  • Most popular articles of the week, July 14 – 20, 2014

    20 July 2014
    Business & Finance

    Workers stuck on North Sea rig due to helicopter leak A crew consisting of 18 oil workers has been left stranded on a North Sea Ensco 102 rig when discovered that the helicopter, that was supposed to fly them home, is leaking fluid.   Saipem bags two FPSO contracts in Brazil and Angola Saipem has […]

  • NOAA Proposes Plan to Address Environmental Injuries from Tank Barge DBL 152 Gulf Oil Spill

    19 March 2013
    Business & Finance, Research & Development

    NOAA released a draft damage assessment and restoration plan addressing environmental injuries from the 2005 Tank Barge DBL 152 oil spill in federal waters in the Gulf of Mexico. The draft plan describes the steps NOAA has taken to see if natural resources, such as marine habitats, were injured by the nearly two million gallon […]

  • GTT, SHI to work on Mark V containment system

    13 April 2015
    Equipment, Project & Tenders

    GTT, the designer of membrane containment systems for the maritime transportation and storage of LNG said it has signed a cooperation agreement with the South Korean shipbuilder Samsung Heavy Industries in order to industrialize its new Mark V technology.

  • Mbawa Prospect Spud Imminent (Kenya)

    12 August 2012

    Apache, the operator of L8 consortium, is gearing up for drilling an offshore well located in Block L8 in Kenya. As prevously reported, the drilling operation is expected to start this month. The Mbawa prospect will be drilled with the modern deepwater drillship Deepsea Metro 1. The well is expected to take some 45 to […]

  • Wood Group Buys Pyeroy (UK)

    3 July 2013
    Business & Finance

    Wood Group announces the acquisition of Pyeroy Group Limited , a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1,800 personnel at eight locations throughout the UK and Ireland. Pyeroy generated revenue and EBITA […]

  • UK: Wood Group Acquires Pyeroy Group Limited

    3 July 2013
    Business & Finance, Project & Tenders

    Wood Group announces the acquisition of Pyeroy Group Limited (“Pyeroy”), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1,800 personnel at eight locations throughout the UK and Ireland. Pyeroy generated revenue and […]

  • CLS Offshore Receives CE Marking Certification

    30 July 2014

    CLS Offshore are continuing their recent pattern of success and growth through gaining the highly regarded CE Marking Certification. Currently, the construction industry is facing one of the most significant changes faced for a decade, as CE Marking of construction products becomes mandatory in all Member States throughout the European Union and the European Economic […]

  • INTERVIEW: JDR Prepares for Market Recovery

    28 June 2016
    Business & Finance, Research & Development

    Subsea World News recently spoke to JDR’s global sales director for oil and gas, Carl Pilmer, about the company’s views of current market situation and JDR’s plans for the future. JDR is a provider of subsea technologies and services to the global offshore energy industry.  The company is active in both the oil and gas […]

  • Dyce Academy Pupils Winners of SPE’s Energy Apprentice Competition

    22 November 2012
    Business & Finance, Equipment

    Pupils from Dyce Academy in Aberdeen, UK, have been crowned winners of ICoTA (Intervention and Coil Tubing Association) and SPE Europe’s Energy Apprentice competition, beating three other Aberdeen and shire schools to the award. Along with Cults, Kemnay and Westhill Academies, the four schools were finalists in a competition designed to improve awareness of career […]

  • Aibel scores EPC deal for final bridge on Johan Sverdrup

    3 January 2019
    Business & Finance

    Equinor has awarded Aibel the engineering, procurement, and construction contract for the final bridge on the Johan Sverdrup field.

  • DNV GL, Statoil Ink Master Service Agreement

    2 June 2016
    Project & Tenders

    DNV GL – Oil & Gas has been awarded a master service agreement with Statoil. The contract includes a broad scope of studies on topics such as safety, platform technology, structural reanalysis and pipeline technology. In addition, it offers hull and structural inspection services, the competent control of complex lifting equipment and software, maintenance and […]

  • MacDermid Offshore Solutions Bags Ichthys Contract

    5 November 2012
    Business & Finance, Equipment

    MacDermid Offshore Solutions Australia has been awarded a contract for the supply of subsea hydraulic control fluids to the INPEX-operated Ichthys LNG Project in the Browse Basin offshore Western Australia. Support for the project will come from MacDermid’s technical support centre in Western Australia and the fluid manufacturing from its Melbourne facility. Mark Hollinger, President […]

  • IOG gets 18 month extension on Blythe and Skipper licences

    3 March 2014
    Business & Finance, Project & Tenders

    The Board of Independent Oil and Gas plc (“IOG”), the North Sea focused Oil and Gas Company, has confirmed that the Blythe and Skipper licences have been extended by 18 months to 31st September 2015. Alpha Petroleum Resources Ltd operates the Blythe and Skipper licences in which IOG has a 50% interest. Mark Routh, CEO of […]

  • Noble Energy fires up Gunflint in Gulf of Mexico

    21 July 2016
    Project & Tenders

    Oil and gas exploration company Noble Energy has recently started production at the Gunflint oil development in the deepwater U.S. Gulf of Mexico.  The Gunflint development, located at Mississippi Canyon Block 948, is a subsea tie-back to the Gulfstar One platform owned by Williams Partners L.P. and Marubeni Corporation. Noble said on Thursday that the two-well field […]

  • Cosco clinches three contracts worth S$123m

    4 August 2006

    Mainboard-listed shipping and offshore marine firm Cosco Corp has secured three new contracts worth nearly US$75 million US dollars, or about S$123 million. One contract is to build a floating storage and offloading unit, which marks Cosco’s entry into the lucrative offshore engineering market. The 52,000 dead weight tonne (dwt) floating and offloading unit, a […]

  • PA Resources to Submit Diega Development Plan in 2014

    8 January 2014

    The long term drill stem test on the Diega accumulation in Block I, Equatorial Guinea (PA Resources 5.7%) is now complete and the Atwood Hunter rig has been released.   An initial pilot well, I-8, encountered 12 m vertical thickness of good quality oil pay with no water and so established the deepest known oil […]