8086 results found for 'Maersk Oil'

8086 results found for 'Maersk Oil'
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  • Alphaliner: FE-ECSA Rates Hit Rock Bottom

    10 February 2016
    Business & Finance

    Poor market conditions have prompted freight rates in the Far East to East Coast South America (FE – ECSA) trade to fall by 90% over the past twelve months, eroded by weak demand and low capacity utilisation, Alphaliner says. Rates were slashed from over USD 1,000 per TEU, recorded in January 2015, to today’s record low […]

  • Rolls-Royce Wins Offshore Vessel Contract in Brazil

    4 July 2013
    Business & Finance

    Rolls-Royce has signed a contract with the Brazilian shipyard Aliança S/A Industria Naval e Empresa de Navegacao, a subsidiary of Fischer Group, and Brazilian shipowner Asgaard Navegação S.A for the design and delivery of equipment to two offshore vessels for Asgaard. The contract value is about £11 million (approx. $16.8mln) to Rolls-Royce. The two vessels […]

  • LNG Bunker Vessel Kairos in Further Baltic Sea Firsts

    13 September 2019

    The LNG bunker operation took place while normal cargo was unloaded in parallel.

  • Repsol quarterly result boosted by higher oil prices

    3 November 2017
    Equipment

    Spanish oil company Repsol reported a rise in net income for the third quarter of the year, boosted by higher oil prices and higher refining margins.

  • Valhall passes one billion barrel mark

    5 January 2017
    Project & Tenders

    Aker BP, a new exploration and production player in Norway, has passed the one billion barrel mark of oil equivalents produced at the Valhall and Hod in the Norwegian sector of the North Sea. Aker BP, the operator of the Valhall field, said on Thursday that the one billion barrels of produced oil equivalent from […]

  • UK Energy Bill gets Royal Assent

    13 May 2016

    The UK Energy Bill introduced in July 2015 has received royal assent, marking the formal establishment of the Oil and Gas Authority (OGA). The Government said on Wednesday that the Energy Act is designed to help drive forward the government’s energy goals and commitments which further implies greater powers for the Oil and Gas Authority […]

  • North Sea pipeline shutdown pushes oil price over $65 for the first time since mid-2015

    12 December 2017

    Brent oil price has shot over $65 a barrel for the first time since mid-2015 following the shutdown of North Sea’s largest pipeline. As previously reported, Ineos, the operator of the Forties Pipeline System used for the transportation of the UK North Sea crude, has decided to close the pipeline after discovering a hairline crack […]

  • STAPEM Offshore Adds Film-Ocean

    26 February 2019
    Project & Tenders

    STAPEM Offshore has acquired Film-Ocean, a provider of remotely operated vehicle (ROV) services in the oil & gas, offshore wind and waterways sectors. “Film-Ocean provides a hugely exciting opportunity for STAPEM Offshore, enabling our customers to benefit from increased resources, shared knowledge and enhanced innovation potential,” said Jean-Marc Gerber. “As a great addition to our existing ROV […]

  • Singapore’s Bunker Prices Plunge

    25 August 2015

    The world’s biggest bunkering port Singapore has recorded a major fall in prices of heavy fuel oil closing in on ten-year lows from 2015. The nosedive in marine fuel prices follows suit of dwindling oil prices that stand at below $40 per barrel. Namely, Singapore 380 cst bunker fuel stood at $209 per metric tonne […]

  • Contract signing sets in motion survey campaign offshore Timor-Leste

    20 January 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Mahakarya Geo Survey (MGS), an Indonesian provider of marine seismic, underwater services, and geotechnical survey, has signed a contract with Timor GAP, the national oil company of Timor-Leste, to conduct surveys offshore Timor-Leste as part of the Metinaro survey campaign project.

  • Danos wins Gulf of Mexico deal with Shell

    29 September 2017
    Business & Finance

    Danos, a Louisiana-based oil and gas service company, has been awarded a contract with Shell to provide maintenance services on three Gulf of Mexico production hubs and associated subsea infrastructure. Danos said that it would, under the terms of the contract, provide project management, construction, automation, fabrication, and scaffolding services on Shell’s Auger and Ram […]

  • Wood Group wins Brazilian engineering contract with Karoon

    6 April 2017
    Business & Finance, Project & Tenders

    UK-based energy services company Wood Group has been awarded a multi-year contract from Karoon Petróleo & Gás to provide engineering services for the full development of the Echidna field offshore Brazil. Wood Group said on Thursday that this marked the first project between the two companies. The company added that the contract would be executed […]

  • USA: State and Federal Trustee Agencies Complete Cosco Busan Oil Spill Restoration Plan

    2 March 2012

      State and federal trustee agencies have released the Cosco Busan Oil Spill Final Damage Assessment and Restoration Plan. The document summarizes the injuries to wildlife, habitat, and recreational uses from the oil spill that occurred on Nov. 7, 2007. It also describes a number of restoration projects that will be implemented to compensate for […]

  • UK: Hydratight Wins British Safety Council’s Highest Award, Sword of Honour

    3 November 2011
    Business & Finance, Research & Development

    Hydratight has officially become one of the safest companies by winning the British Safety Council’s highest award, the Sword of Honour. The West Midlands-based joint integrity and engineering service company is one of only 54 in the whole of the UK to receive the award — and one of very few operating in potentially highly-dangerous […]

  • API: Offshore Petroleum Expansion Now Act Could Secure Nation’s Energy Future (USA)

    27 July 2012
    Business & Finance

    American Petroleum Institute President and CEO Jack Gerard applauded the introduction of the Offshore Petroleum Expansion Now Act of 2012 (OPEN Act) which promises to expand responsible offshore development, make the U.S. more energy secure and create jobs. “We are an energy-rich nation that can and should be doing much more to secure our energy […]

  • Dolphin’s P&I Business Set for Rapid Growth

    12 August 2014
    Business & Finance, Equipment, Operations & Maintenance

    Following the award of several key processing projects, Dolphin Geophysical has announced a record external backlog for Processing & Imaging (P&I) and Processing software sales in excess of USD 10 million.  This proprietary backlog is in addition to Dolphin’s multi-client processing projects. It also includes an advanced 3D depth imaging project which marks the entry of Dolphin into the added value 3D PSDM market. […]

  • OPITO: O&G Skills Awards launched (UK)

    16 July 2014
    Business & Finance

    OIL and gas industry skills organisation OPITO is today (16th July 2014) launching a nationwide search for the shining stars that are helping raise the bar on the sector’s skills agenda. Nominations have opened for the inaugural OPITO Awards which seek to recognise employers who have engaged with UK educational establishments for the benefit of […]

  • Harland & Wolff secures five-year contract for subsea infrastructure fabrication

    7 March 2024
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Technology

    Northern Ireland-based Harland & Wolff has inked a five-year master services agreement with what it says is a global oil services company for the fabrication of subsea structures. The work will take place at the Arnish yard situated on the Isle of Lewis.  Harland & Wolff received its first purchase order under the agreement, which […]

  • Rolls-Royce Lands $16.8 Mln Gig in Brazil

    4 July 2013

    Rolls-Royce has signed a contract with the Brazilian shipyard Aliança S/A Industria Naval e Empresa de Navegacao, a subsidiary of Fischer Group, and Brazilian shipowner Asgaard Navegação S.A for the design and delivery of equipment to two offshore vessels for Asgaard. The contract value is about £11 million (approx. $16.8mln) to Rolls-Royce. The two vessels […]

  • BMT to research oil spill impacts for APPEA

    3 November 2014
    Business & Finance, Equipment

    Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, has been awarded the Australian Petroleum Production & Exploration Association’s (APPEA) “Understanding the Risks of Unplanned Discharges” study. BMT Oceanica will be working with Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) to deliver this key project which will update current […]

  • Saipem and Siemens form subsea technology pact

    23 March 2017
    Equipment

    Italian oil and gas contractor Saipem and Germany’s Siemens have signed a joint development agreement for qualifying and promoting subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid. Siemens will, through its subsea entity, support the company in realizing the Saipem Subsea Bus architecture, by adapting and further developing the Siemens […]

  • IOG needs more time to buy Skipper (UK)

    13 August 2015
    Project & Tenders

    Independent Oil and Gas plc (IOG), the North Sea focused oil and gas company, will need more time to secure funds for the acquisition of interest in licence P1609 in the UK North Sea containing the Skipper discovery.  Namely, on June 3, 2015, IOG announced that it had signed a Sale and Purchase Agreement (SPA) to […]

  • Nordic Yards Marks Another Milestone, Germany

    13 November 2013

    The keel-laying of two ice-breaking and salvage ships took place at Nordic Yards in Wismar on November 12th 2013. In the presence of the Russian customer and other guests, two of the first sections of each vessel, construction numbers 217 and 218, were laid on blocks. After the steel-cutting on September 23rd, keel-laying marks the […]

  • Petrofac scoops $700 million Sakhalin Island project award

    6 September 2017
    Business & Finance

    Oilfield services company Petrofac has been awarded a contract worth more than $700 million by Sakhalin Energy for its onshore processing facility (OPF) on Sakhalin Island.  Sakhalin Energy is delivering the Sakhalin-2 oil and gas project, which involves the development of two offshore fields: Piltun-Astokhskoye and Lunskoye oil and gas fields in the Sea of Okhotsk of the north-eastern […]

  • Petrobras’ annual oil & gas production reaches new heights

    29 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petrobras has achieved new oil and gas production milestones in 2023, exceeding its strategic plan 2023-27 guidance.