8086 results found for 'Maersk Oil'

8086 results found for 'Maersk Oil'
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  • UK Govt Approval of Talisman Project Extends Life of North Sea Oil Fields

    26 October 2012
    Business & Finance, Project & Tenders

    The government has approved a Talisman project that will extend the life of North Sea oil fields and unleash millions of pounds of extra investment for the UK economy. The £1.6 billion MonArb Area Redevelopment Project will mean the production of a further 100 million barrels of oil equivalent from the existing Montrose, Arbroath, Brechin, […]

  • Rig getting new lease on life as water injection unit for more sustainable oil recovery

    9 October 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    MHB has landed a conversion deal to breathe new life into a mobile offshore drilling unit (MODU) by turning it into a water injection facility (WIF) designed to optimize reservoir pressure, enhance oil recovery rates, and reduce environmental impact.

  • TotalEnergies selling minor stakes in two Namibian offshore blocks to QatarEnergy

    27 November 2024
    Business & Finance, Business Developments & Projects

    QatarEnergy is enlarging its portfolio of assets in the Orange Basin, thanks to a deal with France’s energy giant TotalEnergies, which will enable it to acquire additional interests in two blocks located about 300 kilometers off the coast of Namibia.

  • Statoil Celebrates 30 Years of Gullfaks

    22 December 2016

    Norwegian oil and gas giant, Statoil, has marked 30 years of Gullfaks oil field, which started production on December 22, 1986. The Gullfaks was the first field where Statoil was both the developer and the operator. “Gullfaks is a prime example of the best that this industry has achieved in Norway,” said Gunnar Nakken, senior […]

  • Eni Norge Opens New Operations Centre in Hammerfest, Norway

    29 October 2013
    Business & Finance

    Eni Norge is opening its new operations centre in Hammerfest – an event which marks a further expansion of the company’s activities in northern Norway Eni Norge consolidates its position in the Barents Sea: “Strategically, northern Norway and the Barents Sea are key areas for Eni Norge”, says Managing Director Andrea Forzoni. “We have been […]

  • SBM OFFSHORE: FPSO P-57 Starts First Oil Production off Brazil

    21 December 2010
    Business & Finance

      FPSO P-57 started first oil production on 17 December 2010 on the Jubarte field offshore Brazil in the Campos Basin. This major project milestone marks the final delivery and hand over of the FPSO to Petrobras and has been reached two months ahead of schedule. The initial contract for the supply of the FPSO […]

  • Brightoil Finalizes Bohai Bay Deal

    11 August 2014
    Business & Finance

    Brightoil Petroleum (Holdings) Limited  has completed a stock purchase agreement with Anadarko China Holdings 2 Company Limited, a wholly-owned subsidiary of Anadarko Petroleum Corporation, to acquire a participating interest in two oil producing blocks in Bohai Bay, China, (Contract Area 04/36 and Unit Area 05/36) for a consideration of USD 1.046 billion. Following the signing of […]

  • ClassNK grants 1st AiP for dual-fuel engine powered by hydrogen

    30 November 2022
    Certification & Classification, Vessels

    Classification society ClassNK has issued an approval in principle (AiP) for a dual-fuel generator engine using hydrogen gas as fuel for a liquefied hydrogen (LH2) carrier developed by Kawasaki Heavy Industries, Ltd. (KHI).

  • Highlights of the Week

    10 January 2016
    Business & Finance, Operations & Maintenance

    Subsea World News has put together a recap of the most interesting articles from the previous week (January 04 – January 10). Oil services company, Subsea 7, saw its stock price hit a five-year low after dropping below NOK 55 on Wednesday. The stock has fallen some 36 percent since May this year after the […]

  • ENI Restarts Greenstream Pipeline Between Libya and Italy

    14 October 2011

    NOC (National Oil Corporation) Libya and Eni through Greenstream BV Libyan Branch, the gas transportation Joint Venture Company (NOC 50%, Eni 50%), have initiated testing activities for the release of natural gas into the Greenstream pipeline, which connects the treatment plant of Mellitah on the Western part of the Libyan coast to Gela in Italy. […]

  • CNOOC to Spud South China Sea Wildcat in Coming Weeks

    7 December 2011

    (Reuters) – Chinese offshore oil and gas specialist CNOOC Ltd will drill its first deepsea exploration well in a northern area of the South China Sea in coming weeks, a company official told Reuters on Tuesday. Although missing an earlier schedule by nearly half a year, the wildcat, an exploration well drilled in an unproven […]

  • GDF SUEZ, BP make North Sea discovery

    23 October 2014

    GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f (licence P1588) and BP operated block 30/1c (licence P363) was flow tested at a maximum rate of 5,350 barrels of oil equivalent per day. The discovery, referred […]

  • Welsh company gets EU funds to develop oil & gas tech

    16 December 2016

    TWI Technology Centre Wales has received a £1 million ($1.24M) EU funding boost to develop new technology to improve the performance of offshore oil and gas production.  TWI, an independent research and technology organization, said on Friday it will work with European partners to develop new technology and products to help improve the performance of oil & […]

  • New Zealand: AWE to Start Tuatara-1 Oil Well Drilling

    27 July 2010

    Drilling of the exploratory Tuatara-1 oil well near D’Urville Island was to start today, a spokesman for the Australian exploration company… [mappress] Source: TheMarlboroughExpress, July 27, 2010:

  • N’Goma FPSO reaches Angola following a long journey

    1 July 2014
    Business & Finance

    Following a voyage of 7,331 miles (13,577km), N’Goma FPSO safely berthed at Paenal’s 490-metre quayside at Port Amboim on 17th June 2014. The arrival of the vessel in Angola from Singapore marks the young yard’s second mega FPSO in just eight months. “Welcoming N’Goma helps to cement Paenal’s key position in the oil industry. Two […]

  • Italy’s Fincantieri to Splash USD 1.2 Bln on STX OSV Acquisition

    21 December 2012
    Business & Finance

    Italy’s Fincantieri has signed an agreement for the acquisition from STX Europe of 50.75% of STX OSV, a company listed on the Singapore Stock Exchange and world leader in the construction of offshore support vessels for oil and gas extraction and production. With 21 shipyards in 3 different continents, nearly 20,000 employees and revenues of […]

  • Performance Shipping orders scrubber-fitted LR1 tanker in China

    9 May 2024
    Vessels

    Performance Shipping, a Greek shipping company specializing in the ownership of tanker vessels, has signed a contract with Jiangsu Yangzijiang Shipbuilding Group for the construction of one LR1 tanker.

  • UK Government Sparks Millions of Pounds of Investment

    26 October 2012

    The government has today approved a Talisman project that will extend the life of North Sea oil fields and unleash millions of pounds of extra investment for the UK economy. The £1.6 billion MonArb Area Redevelopment Project will mean the production of a further 100 million barrels of oil equivalent from the existing Montrose, Arbroath, […]

  • Tullow Oil closes Equatorial Guinea assets sale to Panoro

    1 April 2021
    Business & Finance, Business Developments & Projects

    Oil and gas company Tullow Oil has completed the sale of its assets in Equatorial Guinea to Oslo-listed Panoro Energy.

  • IEA: OPEC oil supply at all-time high. Growth in demand drops to four-year low

    11 October 2016

    International Energy Agency (IEA) has informed that OPEC oil supply was at an all-time high during September while growth in oil demand dropped to a four-year low in the third quarter of 2016.  According to IEA’s newly released Oil Market Report for October, global oil supply rose by 0.6 million barrels per day (mb/d) in September. […]

  • IOG takes over Blythe discovery. Considers unmanned platform for development

    19 April 2016
    Business & Finance

    Independent Oil and Gas plc (IOG), a development and production focused oil and gas company, is expanding its UK North Sea foothold. The company has signed a deal to buy from Alpha Petroleum Resources Limited the 50% of Blocks 48/22b and 48/23a in the Southern North Sea not already owned by the company. These blocks contain […]

  • Det Norske Veritas Certifies Ballstad Slip for More Demanding Tasks (Norway)

    30 May 2012
    Business & Finance

    Ballstad Slip AS has been certified by Det Norske Veritas, enabling the company to take on more demanding tasks, including oil and gas related assignments. This represents a milestone for both the company and the shipbuilding industry in Northern Norway. The certification of Ballstad Slip is carried out in close cooperation with Det norske oljeselskap, […]

  • Chinese Shipyard Starts Construction of VLCC Ordered by SCF Group

    22 November 2011
    Business & Finance

      An official steel cutting ceremony, marking the start of construction of the first of two VLCC (Very Large Crude Carrier) tankers ordered by SCF Group, took place in China on 14 November 2011. The ceremony was held at Bohai Shipbuilding Heavy Industry Co. and was attended by Sergey Popravko, Sovcomflot Senior Vice-President; Igor Tonkovidov, […]

  • Offshore energy: Short-term dip, long-term rise (Interview)

    14 April 2015

    Dutch bank Rabobank in March issued a report titled: “Offshore energy: Short-term dip, long-term rise” in which they provide an insight in the current market conditions and a forecast of what the future may hold for the global offshore oil and gas industry. Offshore Energy Today interviewed Richard Brakenhoff, who has worked as an industry analyst at Rabobank […]

  • WATCH: Construction kickoff for SBM Offshore’s giant new FPSO

    17 October 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    SBM Offshore has started the construction of topside modules for the ONE GUYANA FPSO, which is its largest vessel so far.