8112 results found for 'Maersk Oil'

8112 results found for 'Maersk Oil'
Order results by

A list of search results

  • Shell defies order to halt production at Nigeria facility

    21 April 2016

    By Tife Owolabi YENAGOA, Nigeria (Reuters) – Royal Dutch Shell has failed to halt production at the Gbaran Ubie oil and gas facility in southern Nigeria, contravening a court order for the site to be sealed and raising the prospect of legal action, state government officials said on Wednesday. A Reuters reporter spoke to workers […]

  • Piper 25 to Galvanise O&G Industry into Further Continuous Improvement

    20 June 2013

    A major three-day conference to mark the 25th anniversary year of the Piper Alpha disaster has opened at Aberdeen Exhibition and Conference Centre on Tuesday 18 June. Organised by Oil & Gas UK, the event is aimed at bringing together people from across the global oil and gas industry to reflect on the lessons learnt […]

  • Bumi Armada loans $750M for Kraken FPSO

    31 March 2014

    Bumi Armada has secured a loan to finance construction of the Kraken FPSO, a unit which will mark the company’s entry to the North Sea oil and gas market. Malaysia-based international company, Bumi Armada Berhad announced that its wholly-owned subsidiary, Armada Kraken Pte Ltd (“Armada Kraken”) has secured a syndicated bridge loan facility of USD750 […]

  • 20 years of Azeri-Chirag-Gunashli

    22 September 2014
    Business & Finance

    The Azerbaijan International Operating Company (AIOC) operated by BP, today celebrated the 20th anniversary of the Azeri-Chirag-Gunashli (ACG) production sharing agreement, signed on 20 September 1994 between Azerbaijan and eleven international companies.

  • GTT to work with HHI on Mark V containment tech

    14 May 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, Hyundai Heavy Industries, for the industrialization of its new Mark V technology.

  • ONGC Videsh set to enter Namibian offshore sector

    4 July 2017

    India’s ONGC Videsh is set to buy a share in an exploration licence offshore Namibia. The company on Tuesday said it had reached a binding agreement with Tullow Oil to buy 30 percent interest in Namibia Petroleum Exploration License 0037 for Blocks 2112A, 2012B and 2113B out of Tullow’s existing participating interest of 65% in […]

  • Chevalier wins more work in Dutch North Sea

    22 June 2018
    Business & Finance

    Dutch offshore accommodation provider Chevalier Floatels has picked up a contract in the North Sea for one of its vessels.

  • Sinopec’s Qingdao terminal trades LNG on CHPGX

    10 October 2018

    China’s Sinopec said its Qingdao LNG terminal for the first time traded volumes of the chilled fuel on the Chongqing Petroleum and Gas Exchange (CHPGX) at the end of September.

  • FMC Technologies Slashes More Norway Jobs

    11 June 2015
    Business & Finance, Equipment, Operations & Maintenance

    Houston-based subsea specialist, FMC Technologies, has reportedly started a next stage of workforce reduction in Norway as it marks a drop in offshore activity and feels the cost control sting from the oil companies. According to Norwegian media reports, FMC Technologies’ board has decided that the company must downsize by additional 400 employees in Norway. […]

  • Airborne Oil & Gas wins flexible risers contract

    17 April 2014
    Business & Finance, Equipment

    Airborne Oil & Gas has secured an order for multiple flexible risers and jumpers from OneSubsea™. Applying the Thermoplastic Composite Pipe (TCP) concept, the flexible risers and jumpers will be used for acid stimulation, injecting stimulation fluids into subsea wells. The smooth bore TCP concept is unique in that it combines high pressure rating with […]

  • IOG Offered Licence Near Blythe Field (UK)

    2 December 2013

    Independent Oil and Gas plc (“IOG”), the North Sea focussed Oil and Gas Company has been offered a licence award in the UK 27th licensing round of blocks 48/23c and 48/24b with 100% working interest.     The licence area lies approximately 10km to the east of the proposed Blythe development in which IOG has a 50% […]

  • Norway: Lundin Pleased with Avaldsnes’ Sidetrack Results

    18 July 2011
    Business & Finance, Project & Tenders

    Lundin Norway AS (Lundin Norway) a wholly owned subsidiary of Lundin Petroleum AB (Lundin Petroleum) has completed the sidetrack well 16/3-4A of the first appraisal well 16/3-4 on the Avaldsnes discovery in PL501 on the Norwegian Continental Shelf (NCS). A comprehensive data acquisition and sampling program has been acquired from the sidetrack well. The objective […]

  • GoMRI Funds Oil Impact Studies in Gulf of Mexico

    16 November 2015
    Research & Development

    The Gulf of Mexico Research Initiative (GoMRI) Research Board announced that it will award nearly $38 million to individuals and teams studying the effects of oil on the Gulf of Mexico ecosystem and public health. A total of 22 research proposals are being funded under this most recent GoMRI program. “The Research Board was impressed […]

  • MonArb Jacket Sailway from OGN Yard (UK)

    19 June 2014
    Business & Finance, Equipment, Operations & Maintenance

    The OGN Group has delivered a 5745 tonne steel Jacket for Talisman Sinopec Energy UK Limited’s MonArb Area Redevelopment Project (MAR) which will help unlock further oil reserves from the UK North Sea. The North East England-based company has completed the design and construction of the 118metre tall, 5,745Te jacket structure, which will form part […]

  • Oil prices continue slide; WTI nearing six-month low as supply glut weighs

    5 May 2017

    Oil prices fell by as much as a further 3 percent on Friday, after prices had crashed to five-month lows in the previous session, as concerns about global oversupply wiped out all of the price gains since OPEC’s move to cut output.

  • COOEC Wraps Up Construction for Jinzhou Demolition Project

    24 September 2014
    Business & Finance, Equipment, Operations & Maintenance

    Recently, Jinzhou 20-2SW platform jacket was successfully lifted and fixed in the sea area where Jinzhou 20-2 oil-gas field is located in Liaodong Bay of Bohai Sea. The project brought an end to the 26-year service of Jinzhou 20-2SW platform while marking that COOEC has successfully completed the offshore construction for “Demolition Project of Jinzhou […]

  • British Minister Hoban Visits ROV Manufacturer Saab Seaeye

    22 October 2012
    Business & Finance

    The Minister of State for Work and Pensions and Member of Parliament for Fareham, Mark Hoban, recently visited top ROV manufacturer, Saab Seaeye. He met the new managing director, Jon Robertson, previously the company’s engineering director, along with the other key members of the management team: sales director, Matt Bates and operations director Mark Exeter. […]

  • Eni reports loss in 1Q 2016. Production up on new start-ups

    29 April 2016
    Business & Finance

    Italian oil company Eni, posted a net loss of €803 million in the first quarter of 2016, down from a net profit of €454 earned in the first quarter last year. Adjusted net loss was 479 million euros, down from a net profit of 454 million euros a year ago. According to Bloomberg, a business […]

  • US Blacklists Iranian Oil Tanker ‘Headed to Syria’

    2 September 2019
    Business & Finance

    U.S. Secretary of State Pompeo said that the U.S. has “reliable information” the tanker is headed to Tartus, Syria.

  • PGNiG to explore for oil and gas in UAE

    17 January 2019

    Polish oil and gas company PGNiG has signed an agreement with the emirate of Ras Al Khaimah, UAE, to explore for and produce hydrocarbons in the Block 5.

  • Trapoil CEO: Prostar deal to deliver growth in offshore portfolio

    29 May 2014
    Business & Finance, Project & Tenders

    Trapoil, an independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has provided a corporate and operational update. Trapoil’s management is in the process of determining how best to create value from the group’s existing cash reserves and assets while minimising risk for shareholders. […]

  • Rystad: Indonesia’s oil & gas production to fall short of expectations for 2020

    21 February 2020

    Despite Indonesia’s official projections of an eight percent growth year-on-year, production of both oil and gas will most likely fall in 2020, according to energy intelligence firm Rystad Energy.

  • Fitch: Oil at $30 per barrel not sustainable

    21 January 2016

    Fitch Ratings has lowered its corporate forecast assumptions for oil and gas as follows due to recent weakening in supply and demand fundamentals: –2016 oil price base case: $45/bbl; –Long-term base case oil price: $65/bbl; –2016 oil price stress case: $35/bbl; –2016 natural gas base case: $2.50/mcf; –Long-term base case natural gas price: $3.25/mcf. In […]

  • Fitch: Capex cuts as risk and reality

    24 November 2015

    The 2016 sector outlooks for the U.S. oil & gas and oilfield services sectors are negative, according to Fitch Ratings, pressured by global supply/demand challenges, the threat of persistently low oil prices, and sharp capex cuts. “Capital markets access has been fickle for high-yield names, with many issuers resorting to self-help measures as a lifeline […]

  • Infield Systems Launches Offshore LNG Report at Gastech (UK)

    10 October 2012

    Infield Systems will be exhibiting at Gastech in London’s Excel, 8th – 11th October 2012 – booth A289. The company will be showcasing core market intelligence products and services for the global subsea oil and gas industry. Infield Systems announced the timely publication of its latest ground-breaking publication – the second edition of its Offshore […]