8086 results found for 'Maersk Oil'

8086 results found for 'Maersk Oil'
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  • Lundin returns to profit as higher output boosts revenues

    2 August 2017
    Business & Finance

    Swedish oil company Lundin Petroleum went from red to black ink for the second quarter 2017 after more than doubling its revenues helped by bigger output. Lundin also revised its full year production guidance for the second time.  According to its financial report on Wednesday, the company’s net result for the second quarter of the […]

  • Statoil Recommends New Platform Solution to Maximise Snorre Production

    28 October 2013
    Business & Finance, Equipment

    Statoil recommends building a new drilling and processing platform on the Snorre field in the North Sea to extract maximum remaining reserves. Together with Petoro and the other licence partners, Statoil has worked hard to find a good solution for extending the life of the field to 2040. A thorough evaluation of the “Snorre 2040” […]

  • SPT Offshore Clinches Ophir WHP Deal

    7 December 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    SPT Offshore has received the Letter of Intent (LOI) for the detailed design of the suction pile foundation, design supervision of the jacket and full transportation and installation (T&I) of the Ophir wellhead platform (WHP) from Muhibbah Engineering (M) Bhd. MEB Ophir Muhibbah is the EPCIC contractor for this project, which is based on SPT Offshore’s […]

  • GEOxyz Gets New Vessel

    17 November 2014
    Business & Finance

    GEOxyz, an offshore survey company has taken delivery of ‘Geo Ocean II’, the latest addition to their fleet of vessels. “Geo Ocean II” is classified by the classification society DNV and sails under Luxembourg Flag. According to GEOxyz, “Geo Ocean II” is a versatile Offshore Support & Survey vessel. She can accommodate 23 passengers and […]

  • Shell extends CHC’s UK contract by two years

    16 May 2017
    Business & Finance

    Offshore helicopter operator CHC Group has signed a two-year contract extension with Shell to provide helicopter services in support of the oil company’s UK Continental Shelf operations. According to the helicopter operator’s statement on Tuesday, CHC has been Shell’s aviation partner for five years, initially serving Shell Central North Sea assets. As part of a joint […]

  • PTTEP Praises COSL HYSY719 Crew for Myanmar Ops

    6 January 2012
    Business & Finance

    China Oilfield Services Limited （“COSL”） has received a letter of endorsement from the company representative of PTT Exploration and Production Public Company Limited （“PTTEP”） in appreciation of a recently contracted operation performed by the COSL HYSY719 seismic vessel offshore Myanmar. HYSY719’s crew had overcome many challenges for this contracted operation, and developed an optimal operation […]

  • InterMoor Supports OPT PB3 PowerBuoy North Sea Debut

    4 September 2019
    Operations & Maintenance, Technology, Vessels

    InterMoor has recently completed the installation of OPT’s PB3 PowerBuoy in the Huntington field for Premier Oil. InterMoor’s scope as main installation contractor included: Optimisation of the mooring system for North Sea deployment; Supply and install of the hybrid three point mooring system; Execution of the offshore mooring deployment; Hook up of the buoy. Completion […]

  • Total to come on board Novatek’s Arctic LNG 2 project

    23 May 2018

    France’s Total could jump onboard the Arctic LNG 2 project being planned by Russia’s largest independent natural gas producer Novatek. 

  • DEME Launches Orion

    21 November 2018

    DEME Group’s 216.5-metre DP3 offshore installation vessel Orion was launched at the COSCO Qidong shipyard in China on Wednesday, 21 November 21.

  • OSG nets $49.1 million loan

    25 November 2020
    Business & Finance, Vessels

     NYSE-listed tanker owner and operator Overseas Shipholding Group has closed a $49.1 million loan to finance a newbuild oil and chemical ATB barge. OSG’s subsidiaries, OSG 205 LLC and OSG Courageous II LLC, will use the loan to refinance the tug to which the barge is being paired, the OSG Courageous. The new 204,000 barrel U.S. Flag […]

  • DeepOcean Acquires 50 Pct Interest in ADUS

    22 April 2013
    Business & Finance

    DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that it has acquired a 50% interest in the leading 3D sonar visualisation company ADUS to form ADUS DeepOcean Ltd. ADUS, originally a spin out from the University of St Andrews and Dundee University, has rapidly acquired a global reputation in the marine salvage […]

  • DeepOcean UK Buys 50 Pct Interest in ADUS

    22 April 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that it has acquired a 50% interest in the leading 3D sonar visualisation company ADUS to form ADUS DeepOcean Ltd. ADUS, originally a spin out from the University of St Andrews and Dundee University, has rapidly acquired a global reputation in the marine salvage […]

  • Shell cancels contract for one of its Arctic rigs

    18 December 2015
    Business & Finance, Exploration & Production

    Noble Corporation, an offshore drilling contractor, has received a contract termination for one of its rigs from an oil major Royal Dutch Shell.  According to Noble’s latest fleet status report, Shell has terminated the contract for the drillship Noble Discoverer “for convenience” and will pay Noble for the remaining term at approximately 90% of the […]

  • Romania: BSOG to sell Midia field gas to Engie

    20 November 2018
    Business & Finance

    Romanian oil and gas operator Black Sea Oil & Gas SRL has with its partners signed a deal to sell gas from a Romanian Black Sea project to Engie.

  • The Netherlands: Registration Live for Offshore Energy & OWIM 2013

    26 August 2013

    With less than 2 months to go the registration for both Offshore Energy Exhibition & Conference and Offshore WIND Installation and Maintenance (OWIM) 2013 is now open at www.offshore-energy.biz. Hosted in Amsterdam RAI on October 15 & 16 the events expect some 500 exhibitors, 8,500 visitors and 900 conference delegates. Attendance at the exhibition is […]

  • Ocean Safety Establishes New Depot in Aberdeen (UK)

    17 April 2012
    Business & Finance, Equipment

    The UK’s largest independent marine safety equipment supplier, Ocean Safety, has opened a fourth depot in the UK, this one in Aberdeen at the heart of the oil and fisheries industry on the east coast of Scotland. The depot will carry the full range of Ocean Safety stock. It will also be a lifejacket and […]

  • Otto: Galoc Phase II Rig Demobilisation Complete, Subsea Installation Starts

    4 November 2013
    Business & Finance, Operations & Maintenance

    Otto Energy Limited (“Otto”), as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on the Galoc Phase II project in SC14C. During the period from 0600 hours (AWST) on 21st October 2013 to 0600 hours (AWST) on 4th November 2013, the Galoc-6H well was secured and the drilling […]

  • Statoil to Use Songa Trym for Permanent Well Plugging on Glitne Field

    26 March 2014
    Business & Finance, Operations & Maintenance

    Statoil has received consent to use the Songa Trym mobile drilling facility for permanent well plugging on the Glitne field. The Glitne oil field lies in blocks 15/5 and 15/6 in the Sleipner area of the Norwegian North Sea, about 40 kilometres north-west of Statoil’s Sleipner East development. Made in 1995, the Glitne find was […]

  • South Korea raises natural gas prices

    30 April 2017

    South Korea, the world’s second-largest LNG importer, is to increase its domestic natural gas prices to reflect higher LNG import costs. The country will increase retail natural gas prices for households and industry by an average of 3.1 percent from May 1, the Ministry of Trade, Industry and Energy said in a statement on Friday. This […]

  • BP invests in Satelytics as part of methane reduction strategy

    23 June 2020
    Business & Finance, Business Developments & Projects, Infrastructure, Innovation, IT & Software, Technology

    Oil major BP has invested $5 million in Satelytics, a geospatial analytics software company that uses advanced spectral imagery and machine learning to monitor environmental changes, including methane emissions.

  • Statoil: Lifetime of Oseberg Field Doubled (Norway)

    13 December 2013
    Business & Finance, Operations & Maintenance

    The lifetime of the Oseberg field has doubled thanks to the steady increase in recoverable resources. December marks the 25th anniversary of the Oseberg field centre. Current plans call for production up to around 2040. “The Oseberg licence has invested more than NOK 45 billion in the field over the last ten years. Excellent subsea […]

  • Halliburton to acquire Optime Subsea

    24 December 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    U.S.-headquartered oilfield services giant Halliburton is set to purchase Optime Subsea, a Norwegian provider of subsea solutions for the oil & gas industry, following the signature of a definitive agreement. According to Optime Subsea, the acquisition will integrate its umbilical-less technology into Halliburton’s Testing and Subsea division and provide the company access to global markets […]

  • ADNOC Gas inks $7-9 billion LNG supply deal with Indian Oil Corporation

    20 July 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    UAE’s ADNOC Gas, an integrated gas processing company, has signed a 14-year supply agreement with the Indian Oil Corporation (IOCL) for the export of up to 1.2 million metric tons per annum (mmtpa) of liquefied natural gas (LNG). According to ADNOC Gas, the agreement, valued in the range of $7 billion to $9 billion over […]

  • Shell Acquires Western Gulf of Mexico Block (USA)

    30 August 2013
    Business & Finance, Project & Tenders

    Shell has announced it was a successful bidder for one block in the Western Gulf of Mexico Lease Sale 233, held by The U.S. Department of the Interior’s Bureau of Ocean Energy Management on Wednesday. “Shell bid on one block and was the apparent high bidder on Alaminos Canyon Block 772 with a bid of $4.2 million. […]

  • Black Elk Energy Informs of Drilling Success in U.S. GoM

    17 May 2013

    Black Elk Energy Offshore Operations, LLC an independent oil and gas company headquartered in Houston, announced has the successful completion of 3 wells to kick-off their 2013 drilling program in the Gulf of Mexico. The 2013 drilling program will begin monetizing the companies “proved undeveloped reserve” inventory. The completion of these 3 wells marks the […]