8086 results found for 'Maersk Oil'

8086 results found for 'Maersk Oil'
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  • 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.

  • USA: Ashtead Technology Announces New Senior Management Team Appointments

    13 June 2012
    Business & Finance

    Ashtead Technology, a market leading asset rental business, supplying specialist equipment and personnel to the offshore subsea oil and gas sector and the environmental consulting, non-destructive testing and remote visual inspection industries has restructured its senior management team as it continues to expand. Graham Philip (formerly Group CEO) has been appointed Group Deputy Chairman primarily […]

  • 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.

  • Nexans confirms layoffs in Norway, citing not enough work

    17 April 2015
    Business & Finance, Equipment

    Nexans, a France-based cable manufacturer for the oil and gas industry, has confirmed the launch of both temporary layoffs and downsizing at the company’s plant in Halden, Norway. To remind, based on Norwegian media reports, Offshore Energy Today on Wednesday wrote that the company would be letting go 90 workers. Now, we have managed to […]

  • IOG inks Skipper well management contract with AGR

    10 December 2015
    Project & Tenders

    Independent Oil and Gas plc (IOG), the North Sea-focused oil and gas company, has executed a well management contract with AGR Well Management Limited for the drilling of the appraisal well on Skipper, in the UK North Sea.  The well is on track to spud in late January or early February 2016 as IOG recently entered into […]

  • 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 […]

  • 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.

  • Drewry: Container Carriers Still Face High Risk of Failure

    10 October 2016
    Business & Finance

    Privately-owned container carriers could risk losing shippers’ trust if they do not provide any data on their level of indebtedness and balance sheet strength, according to shipping consultancy Drewry. The recent failure of South Korean carrier Hanjin Shipping has exposed the high level of financial risk that exists and created renewed demand for financial transparency. While Hanjin’s financial […]

  • 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.

  • 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 […]

  • Karoon moves closer to FID for Brazilian assets as exploration phase ends

    4 April 2018
    Project & Tenders

    Australia’s Karoon Gas is moving closer to making a Final Investment Decision (FID) for its Echidna and Kangaroo projects offshore Brazil.

  • 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. […]

  • Low oil price environment not “business as usual” for Otto Energy

    6 April 2020
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Australia-based oil and gas company Otto Energy has taken measures to mitigate the effects of the low oil price environment.

  • IOG hires Transocean rig for Skipper well (UK)

    14 December 2015
    Business & Finance, Exploration & Production

    Independent Oil and Gas plc (IOG), the North Sea-focused oil and gas company, has signed a rig contract with Transocean to procure the Transocean John Shaw semi-submersible rig to drill the company’s appraisal well on the Skipper oil discovery in the UK North Sea.  The Skipper oil discovery is located in Block 9/21a in the […]

  • Kreuz Secures Subsea Contracts Worth USD 24.8 Million (Singapore)

    25 April 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, has signed Letters of Intent for subsea installation contracts worth approximately US$4.8 million with a leading offshore company in the oil and gas business located in East Asia. Work is expected to commence in Q2 2011 and to be completed by Q3 […]

  • Petrobras picks Ocyan to revitalize gas pipeline network

    17 October 2023
    Business & Finance, Business Developments & Projects, Infrastructure, Operations & Maintenance, Project & Tenders

    Brazilian state-owned oil and gas giant Petrobras has awarded compatriot offshore oil and gas services provider Ocyan with a contract to carry out the revitalization of a network of gas pipelines in the Campos Basin. The contract, valued at approximately $317.49 million, is expected to last four and a half years and will revamp the pipelines […]

  • AGR to Work on IOG’s Cronx Project

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

    AGR has entered into a Memorandum of Understanding (MOU) with Independent Oil & Gas PLC (IOG) to work together to deliver Well Construction & Well Project Management services in respect of IOG’s forthcoming drilling activity. AGR’s EVP UK and Africa, Ian Burdis, said: “We are delighted to have been granted the opportunity to work alongside […]

  • Keel Laying Ceremony for Dana’s Western Isles FPSO

    28 May 2013

    The keel laying of the floating, storage, production and offloading vessel (FPSO) marks a major milestone for Dana’s Western Isles project. Dana and its partner Cieco are investing $1.6 billion in a nine-well development of two oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west […]

  • Venezuela: Maduro names military officer as head of country’s oil sector

    27 November 2017
    Business & Finance

    The President of Venezuela, Nicolás Maduro, has appointed Major General Manuel Quevedo as the country’s Minister of Petroleum and President of PDVSA.

  • Chevron takes FID to develop Anchor oil field in Gulf of Mexico

    12 December 2019
    Project & Tenders

    Oil major Chevron has sanctioned the Anchor project located in the U.S. Gulf of Mexico. 

  • IOG sells Blythe field gas to BP

    24 February 2014

    Independent Oil and Gas plc has entered into a gas sales agreement with BP Gas Marketing Ltd, a wholly owned subsidiary of BP plc, for its 50% share of the gas produced from the forthcoming Blythe gas field development in the Southern North Sea. Blythe gas is expected to be sold at Bacton on a day […]

  • Dolphin Geophysical to Acquire 2D Survey for Anadarko Off South Africa

    7 November 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Dolphin Geophysical AS has signed an agreement with Anadarko South Africa (Pty) Ltd, a wholly owned subsidiary of Anadarko Petroleum Corporation, for the acquisition of approximately 6250 kms, 2D survey offshore South Africa, where Anadarko is partnered with PetroSA. The survey will be acquired by Artemis Atlantic commencing in December 2012. VP Marketing & Sales […]

  • BP plans to cut 600 jobs in North Sea

    12 January 2016

    British oil major BP has made plans to slash 20 percent of its North Sea workforce by the end of 2017 bringing 600 jobs at risk. According to STV News, this move is part of a plan by BP to axe 4000 jobs globally as a result of an oil downturn. Worth noting, BP has nearly 4000 people […]

  • Shell produces first oil from Malikai

    14 December 2016
    Project & Tenders

    Oil giant Royal Dutch Shell has started oil production from the Malikai tension-leg platform (TLP), located 100-kilometers off the coast of the Malaysian state of Sabah. The Malikai project is a joint venture between Shell (35%, operator), ConocoPhillips Sabah (35%) and Petronas Carigali (30%). Located in waters up to 500-meters deep, Malikai is Shell’s second deep-water […]