8086 results found for 'Maersk Oil'

8086 results found for 'Maersk Oil'
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  • Petrobras Oil Production in Brazil Rose 6.8% in December and Set a Record

    25 January 2011

    Petrobras’ average oil production in Brazil, in December, reached a record volume of 2,121,584 barrels/day, surpassing the previous record, of 2,032,260 bpd, set in April 2010, by 89,000 barrels. This volume was 6.8% higher than in the same period of 2009, and 4.5% more than last November. Last month’s increase in output resulted from operations […]

  • Medvedev congratulates Shell on 125 years in Russia

    28 June 2017

    Russian prime minister Dmitry Medvedev has sent a letter to Shell, congratulating the oil giant’s 125th anniversary in Russia. You can read the full letter below. Dear friends, 2017 is a special year for your company, as it marks 125 years since Shell first came to Russia. Please accept my sincere congratulations on this remarkable anniversary. It […]

  • HCS gets injection of funds from RBS

    19 August 2014
    Business & Finance, Equipment, Project & Tenders

    HCS Control Systems, a Fife-based oil and gas sector company is targeting further growth from international clients after securing a £4.5m financing package from the Royal Bank of Scotland. Headquartered in Glenrothes, HCS is a specialist manufacturer of engineered mechanical, hydraulic and electrical systems for the subsea oil and gas sector. The company’s integrated service […]

  • GE Buys Oceaneering’s Subsea Actuators Product Line

    17 December 2014
    Business & Finance, Equipment, Project & Tenders

    GE has signed an agreement to acquire the Subsea Electric Actuator product line of Oceaneering, a global provider of engineering services and products to the oil and gas industry. The product line goes to market under the Oceaneering Subsea All Electric and Ifokus brand, which specializes in the design and manufacturing of specialty subsea products, […]

  • Lundin Hits Oil and Gas in Alta Well in Barents Sea

    16 October 2014
    Business & Finance, Research & Development

    Drilling of exploration well 7220/11-1 on the Alta prospect in production licence (PL) 609 in the Barents Sea is in the process of being successfully completed. The well is located 20 km northeast of the Gohta discovery and some 160 km from the Norwegian coastline.  “This is a breakthrough discovery. RWE Dea are among a […]

  • New Zealand: Rena – Progress on Container Removal from Wreck Site

    24 May 2012
    Business & Finance

    Excellent progress has been made on container removal from the wreck site over the past week, with 21 containers removed from the bow section on Monday – the highest number of containers removed in a single day since the break up of the wreck. A further eight containers were removed on Tuesday. Salvage Dive teams […]

  • ‘Large-scale’ transformation of reserves from trillion-cubic-meter gas region into usable energy production brings new project online in Chinese waters

    27 September 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    CNOOC has started production from a natural gas project in the South China Sea, where the firm recently confirmed the total proved gas in place exceeded one trillion cubic meters.

  • Mexico oil sector accidents raise doubts about deep water exploration

    19 June 2017

    As Mexico opens its energy market to more private investment, the country’s drive to exploit untapped deepwater oil riches has raised safety concerns due to mounting accidents that have blotted the country’s safety record.

  • GE’s subsea systems, financing for Alpha’s Cheviot field

    26 May 2017
    Equipment

    Alpha Petroleum is partnering up with GE Oil & Gas on the advancement of the subsea infrastructure for the Cheviot oil field, in the UK North Sea. The field, described by Alpha Petroleum as one of the largest undeveloped fields in the UK North Sea, is estimated to hold 55 mmbbls of oil and 20 mmboe […]

  • Qatar Petroleum buys interest in three Mexico offshore fields

    17 December 2018

    LNG giant Qatar Petroleum entered into an agreement with Italy’s Eni to buy a 35 percent participating interest in three offshore oil fields in Mexico. The agreement cover the Amoca, Mizton, and Tecoalli offshore oil fields, which lie in Area 1 in Mexico’s Campeche Bay, according to a Qatar Petroleum statement. The deal is subject to […]

  • Woodmac: Renewables a threat to oil majors, but also an opportunity

    12 June 2017

    A niche energy market now, renewables will be much bigger by the middle of the next decade, and a theme not to be ignored, as oil and gas demand growth slows, Wood Mackenzie writes in its latest report. Wind and solar energy are poised to radically reshape the energy market over the coming decades, presenting […]

  • Morris to resign from Seadrill positions in mid-2019

    11 January 2019
    Business & Finance

    CFO of offshore driller Seadrill Limited and CEO of Seadrill Partners has decided to step down from his positions.

  • ATP Oil & Gas to pay $41.9M for unlawful oil discharge into Gulf of Mexico

    20 November 2015
    Exploration & Production

    U.S. energy company ATP Oil & Gas has agreed to pay $41.85 million for unlawful release of oil and chemicals from a floating oil and gas production platform into the Gulf of Mexico. According to a statement by the U.S. Department of Justice, the payment will settle U.S. Bureau of Safety and Environmental Enforcement and […]

  • Triangle Energy kicks off Cliff Head workover campaign

    26 October 2020
    Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Australia’s Triangle Energy has started a workover campaign on two wells on the Cliff Head oil field located offshore Australia.

  • Kosmos boosts 3Q profit

    2 November 2015

    Kosmos Energy, an oil & gas exploration and production company, has posted a net income of $60.3 million for the third quarter of 2015, as compared to net income of $19.1 million, in the same quarter last year. When adjusted for certain items that impact the comparability of results, the company generated adjusted net income of […]

  • Russia: EBRD OKs USD 155 Million Credit for Modernization of Rosmorport’s Fleet

    24 November 2011

    The European Bank for Reconstruction and Development (EBRD) has approved a $155 million credit to Rosmorport, the Bank said. The loan is granted for modernization of Rosmorport’s fleet of environmental service fleet; procurement of oil boom laying workboats, skimmers, vessels for collection of shipboard wastes, dredgers, and other equipment. Categorised B in accordance with the […]

  • Nautronix Expands Sales Team

    8 September 2014
    Business & Finance

    Nautronix, an international company specialising in through water communication and positioning technology for the global offshore Oil & Gas industry, has announced a new appointment within the sales team. Experienced Business Development Manager, Thomas McCudden has been appointed as the company’s Global Sales Manager for NASNet® and will be responsible for developing awareness and worldwide sales […]

  • Yemen LNG Awards 25 Yemenis with Scholarships

    16 September 2011

    Yemen LNG awarded in Sana’a yesterday scholarships to 25 young Yemeni male and female students to pursue their undergraduate and graduate degrees in France. The award ceremony took place under the auspices of H.E. the Minister of Oil and Minerals Mr. Amir Salem Al-Aidaroos and H.E. the Ambassador of France to Yemen, Mr. Joseph Silva. […]

  • Keel laid for Petronas second FLNG unit

    6 November 2015
    Infrastructure

    Malaysian national oil and gas company Petronas has reached a milestone by laying the keel of its second Floating LNG unit, the Petronas FLNG 2 (PFLNG2). The official keel laying of the company’s second floating liquefaction unit was held in Geoje Island, South Korea on 28 October, at the Samsung Heavy Industry shipyard. The keel laying […]

  • Anadarko makes BoD changes

    11 February 2015

    Anadarko Petroleum Corporation named Mark C. McKinley to serve as an independent director of the company, effective Feb. 11, 2015.

  • Anadarko makes BoD changes

    11 February 2015

    Anadarko Petroleum Corporation named Mark C. McKinley to serve as an independent director of the company, effective Feb. 11, 2015.

  • Vår Energi starts the year strong, setting course for ‘transformational growth’ in 2025

    23 April 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Norway’s oil and gas player Vår Energi has published the interim report for the first quarter of 2025, disclosing what it says are strong results in line with expectations.

  • Eco Atlantic enters ExxonMobil’s Canje block off Guyana

    29 June 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Eco Atlantic has increased its position in Guyana through an acquisition of an interest in the ExxonMobil-operated Canje offshore block.

  • Hess shaves off $800 million of its budget for 2020

    17 March 2020
    Business & Finance

    In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation has revealed a plan for a significant reduction to its 2020 capital and exploratory budget. 

  • Seri Amanah Takes Petronas’ LNG Cargo to Hokuriku Electric

    6 April 2018
    Business & Finance

    Petronas shipped its first LNG cargo aboard the LNG carrier Seri Amanah to Japan’s Hokuriku Electric.