8117 results found for 'Maersk Oil'

8117 results found for 'Maersk Oil'
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  • These nine platforms will help Petrobras boost production

    29 April 2014
    Business & Finance

    Petrobras, a Brazilian oil company, in a race to become one of the five largest oil producers in the world by 2030, has last year reached the unprecedented mark of nine platforms delivered, which will add a million barrels per day to their production capacity. The Company presents the information about these nine platforms completed […]

  • Hong Kong debuts B30 marine biofuel in joint effort by CPN and OOCL

    8 May 2025
    Collaboration, Operations & Maintenance, Vessels

    Hong Kong-headquartered bunker service provider Chimbusco Pan Nation Petro-Chemical (CPN) and compatriot shipping player Orient Overseas Container Line (OOCL) have marked the completion of Hong Kong’s ‘first’ B30 marine biofuel bunkering. As disclosed, a containership owned by OOCL was supplied with ISCC-EU certified B30 biofuel—which is a blend of 70% very low sulfur oil (VLSFO) […]

  • China-built Deepwater Pipelay Vessel Sets Sail for Liwan Gas Field

    15 May 2012

    China’s Rongsheng Heavy Industries and China National Offshore Oil Corporation (“CNOOC”) have successfully completed construction of a 3,000-meter deepwater pipe laying crane vessel (“DPV”) “HAI YANG SHI YOU 201.” The vessel has set sail for the “Liwan 3-1” gas field in the South China Sea today and will prepare for pipe laying works. “HAI YANG […]

  • First turbine up at Yunlin offshore wind farm

    26 April 2021
    Business Developments & Projects, Project & Tenders

    The first of the total of 80 Siemens Gamesa 8 MW wind turbines was installed on 23 April at the Yunlin offshore wind farm in Taiwan. Fred. Olsen Windcarrier’s jack-up vessel Brave Tern, which arrived in Taiwan in July last year, has been deployed for wind turbine installation at the project site some 8 kilometres […]

  • TotalEnergies greenlights ‘historic’ $10.5 billion oil project, enabling new dawn to break over Suriname’s economy (Video)

    1 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies has kept its word by reaching a final investment decision (FID) for a giant oil project in Block 58 off the coast of Suriname before the year-end, as promised. With the construction and installation phases estimated to take approximately four years, the first oil is anticipated in 2028 at the earliest. The existing market prices indicate that the development will cost over $10 billion.

  • West Africa’s oil & gas field pair to remain in production mode until 2040

    4 June 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Thanks to a memorandum of understanding (MoU) with the government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC), and Explorco have signed on the dotted line to prolong the production lifespan of two fields off the coast of Ghana, with an extension of production licenses to 2040.

  • DOF Subsea Norway Grabs Several Important Contracts for Geosund Vessel

    14 May 2010
    Business & Finance

    Bergen-based specialist subsea service company DOF Subsea Norway AS has been awarded several significant contracts for company multipurpose vessel Geosund, ensuring solid utilisation through the summer. In late April, Geosund successfully completed annual subsea inspection work for Mærsk Olie og Gas utilising a combination of a Schilling UHD ROV and the new Focus 2 ROTV. […]

  • BP approves Thunder Horse South expansion project in Gulf of Mexico

    6 May 2019
    Project & Tenders

    Oil major BP has sanctioned development of the Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico.

  • Norway: Outstanding Quarter for Det Norske, CEO Says

    2 November 2011
    Business & Finance

    As a partner in the giant Aldous Major oil discovery, Det norske oljeselskap ASA has created significant values both for its shareholders and for the Norwegian society at large. This discovery transforms the company and makes it a more significant player on the Norwegian Continental Shelf. In the third quarter, Det norske has submitted two […]

  • Shipping costs soar

    28 May 2008

    Oil-fired transportation cost may put brakes on long-distance trade May 28, 2008 04:30 AM Julian Beltrame THE CANADIAN PRESS OTTAWA–The high price of energy is undercutting the advantages of globalization by raising transportation costs so much that they could force businesses to look closer to home, says a CIBC World Markets report. “Globalization is reversible,” […]

  • First oil flows from Apache’s Garten development

    5 December 2018
    Project & Tenders

    Apache Corporation has initiated production from its Garten development on Block 9/18a Area-W in the United Kingdom sector of the North Sea.

  • USA: Chevron Earnings Drop

    2 August 2013

    Chevron Corporation reported earnings of $5.4 billion for the second quarter 2013, compared with $7.2 billion in the 2012 second quarter. Sales and other operating revenues in the second quarter 2013 were $55 billion, compared to $60 billion in the year-ago period. “Our second quarter earnings were down from the very strong level of a year ago,” said […]

  • Eaton’s Thermoplastic Hoses increase safety for subsea O&G works

    5 May 2014
    Business & Finance, Equipment

    Power management company Eaton today announced the Synflex® 3395-32 and 3394-32 Thermoplastic Hoses, designed specifically to help increase uptime, safety and reliability for subsea oil and gas applications. The new high pressure hoses are a market exclusive for 2-inch hoses reinforced with Kevlar® to withstand the demanding oil and gas industry in a lightweight package. […]

  • USA: EOG Profit Climbs

    17 February 2012

    EOG Resources today reported fourth quarter 2011 net income of $120.7 million. This compares to fourth quarter 2010 net income of $53.7 million. For the full year 2011, EOG reported net income of $1,091.1 million, as compared to $160.7 million for the full year 2010. Highlights Achieves 9.4 Percent Year-Over-Year Total Company Production Growth Reports […]

  • Norway: Centrica Buys More into Statfjord

    30 January 2012
    Business & Finance

    Centrica plc, the parent company of British Gas, has reached an agreement with ConocoPhillips to acquire its non-operated interests in the gas and oil producing Statfjord field and associated satellites for a total cash consideration of $223 million (£142 million), including $103 million (£66 million) attributable to historic tax allowances. The fields, which are located […]

  • Two more wells on Eni’s drilling agenda at Mediterranean gas field

    21 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    With gas production increase in mind, Italy’s energy giant Eni is set on drilling two additional wells at a natural gas field in the Mediterranean off the coast of Egypt.

  • Vesper Marine Solution for Long Island Sound Cable Protection

    2 August 2016
    Business & Finance, Equipment

    Vesper Marine has provided its virtual automatic identification system (AIS) to New York Power Authority (NYPA) to protect submerged power cables in Long Island Sound. The WatchMate Asset Protection System is the first U.S. installation of a system combining virtual AIS technology to mark subsea cables in conjunction with software for monitoring vessel traffic patterns […]

  • First UK Built Platform in Years Almost Ready for Forties Field

    30 May 2013

    Over £400 Million and 7,000 Jobs: British Manufactured Oil Platform Set For Sail Away Down The Tyne To The Forties Field To Boost North Sea Output

  • Petronas seeks buyers for $1 billion offshore gas project stake – sources

    10 April 2017

    Malaysia’s Petronas has pitched an estimated $1 billion stake in a prized upstream local gas project to potential bidders including Royal Dutch Shell , ExxonMobil Corp , Thailand’s PTT Exploration and Production and Japanese firms, sources familiar with the matter said.

  • API: It is critical for offshore energy exploration & production to move forward

    13 March 2018

    New studies project that offshore energy development will significantly increase U.S. jobs, domestic spending, investments, and state revenues.

  • Skarv set to sail

    25 November 2010

    BP Norway’s FPSO for the Skarv development is set to sail from a shipyard in South Korea marking a another major milestone on the NKr 35.8 Bn (US $5.88 Bn) project. At the end of this month the project is now nearing 90% completion for the first phase, Nils Lillelokken, Skarv business manager for BP […]

  • BP begins 7-year drilling campaign west of Shetland (UK)

    29 April 2015
    Exploration & Production

    BP has confirmed today it has kicked off drilling on the Loyal field in the North Sea, using the new-build, semi-submersible rig Deepsea Aberdeen. This marks the start of a seven year drilling campaign west of Shetland, UK. Deepsea Aberdeen is contracted to drill wells across the Schiehallion and Loyal fields, as part of the […]

  • Guyana to publicly release all oil contracts

    26 January 2018

    Guyana will from now on publicly release all contracts it signs with oil and gas companies, ”as part of its commitment to accountability and transparency in the oil and gas industry.”

  • Byron Energy’s Gulf of Mexico well ready for production

    22 February 2018
    Exploration & Production, Project & Tenders

    Byron Energy has completed the F1 well in the SM 71 lease in the Gulf of Mexico. The well is now ready for production.

  • UK: Oil and Gas Authority puts out urgent call to action

    25 February 2015

    Responding to the Secretary of State’s commission to assess the impact of the sharp decline in global oil prices on the UK oil and gas industry, Oil and Gas Authority (OGA) Chief Executive, Dr Andy Samuel today published his initial findings and issued an urgent call to action for industry, Government and the regulator. One […]