8118 results found for 'Maersk Oil'

8118 results found for 'Maersk Oil'
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  • QP to spend $11B on Bul Hanine field redevelopment (Qatar)

    12 May 2014
    Business & Finance, Project & Tenders

    Qatar Petroleum (QP) has announced plans to invest over 40 billion Qatari Riyals ( $11 billion) in the re-development of the existing Bul Hanine offshore oil field located about 120 kilometers to the east of the Qatari coastline.

  • FEESA becomes part of KBC’s oil and gas strategy

    22 July 2014
    Business & Finance, Project & Tenders

    KBC Advanced Technologies plc has purchased FEESA Ltd, a UK-based provider of specialised software and services to the upstream oil and gas industry, for an enterprise value of $17 million (£10 million) plus one million KBC shares, totalling $19.1 million (£11.2 million). The acquisition of FEESA marks the next step in KBC’s growth strategy to expand […]

  • Byron hits pay in Gulf of Mexico well

    27 December 2017
    Exploration & Production, Project & Tenders

    Byron Energy has encountered four discrete hydrocarbon bearing sands in the SM 71 F2 well within the South Marsh Island 71 (SM 71) lease in the Gulf of Mexico. 

  • TGS Starts New Seismic Survey Offshore Sierra Leone

    27 September 2011
    Business & Finance

    TGS has commenced the acquisition of a new multi-client 3D seismic survey offshore Sierra Leone. This survey marks over ten years of investment for TGS in the West African region and will add 1,038 km2 to the existing TGS data library. Upon completion, TGS will have over 6,200 km2 of contiguous multi-client 3D data offshore […]

  • Statoil Scores Brace at Peregrino South, Offshore Brazil

    20 June 2011
    Business & Finance

    Statoil today announces discoveries in both side tracks on the Peregrino South well, immediately adjacent to the newly opened Peregrino field offshore Brazil. The estimates of recoverable volumes in Peregrino South are between 150 – 300 million boe. This discovery brings a phase two development of the Statoil operated Peregrino field considerably closer. Statoil also […]

  • Shell expands its Gulf of Mexico portfolio with new offshore blocks

    20 March 2014
    Business & Finance

    Shell continues to build upon a strong position in the Central Gulf of Mexico and is the apparent high bidder on 4 blocks during today’s US Bureau of Ocean Energy Management (BOEM) Lease Sale 231. Shell bid on a total of 8 blocks and exposed approximately $100,000,000. Shell was the apparent high bidder on 4 […]

  • China: COSL Receives Letter of Endorsement from PTTEP

    6 January 2012
    Business & Finance

    China Oilfield Services Limited announces the receipt of a letter of endorsement from the company representative of PTT Exploration and Production Public Company Limited in appreciation of a recently contracted operation performed by the COSL HYSY719 seismic vessel. HYSY719’s crew had overcome many challenges for this contracted operation, and developed an optimal operation proposal by […]

  • 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.

  • Bahri Takes Over First Vessel from Vela’s Fleet

    22 July 2014
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) said that it has concluded the first phase of the process of merging the Vela fleet and operations with Bahri.   Namely, Matar Star the first of the VLCC vessels in the Vela fleet, was transferred to Bahri’s ownership on Monday 21 July 2014 and her name […]

  • PGNiG looks for gas price renegotiation with Gazprom

    5 November 2014

    PGNiG said it requested new negotiations of the price of gas supplied by Gazprom.

  • Kongsberg Maritime Names UK Business Development Manager

    25 October 2013
    Business & Finance

    Mark Baldwin has been appointed as a UK business development manager by Kongsberg Maritime Ltd, as part of the plan to improve service offering for the offshore renewables sector, writes Aberdeen Business News. Baldwin joined Kongsberg Oil and Gas Technologies five years ago, where he worked as a sales manager. After this appointment, he will […]

  • McDermott scoops Amoca field contract in Mexico

    30 April 2019
    Business & Finance

    McDermott International has been awarded a contract by Eni for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field off Mexico.

  • Oil price only a part of problem for offshore vessel owners

    12 May 2016

    Offshore supply chain has suffered greatly since the oil prices started to fall from $115 a barrel in mid-2014.  

  • Subsea UK 2013 Presents Innovation and Achievement Awards

    7 February 2013
    Business & Finance

    A host of successes within the subsea sector were celebrated last night at Subsea UK’s seventh annual awards ceremony, which aims to recognise innovation and outstanding achievements across the UK subsea industry. Sponsored by Forum Energy Technologies, the dinner attracted over 800 guests from across the sector and closed the opening day’s proceedings of Subsea […]

  • Oil bet gone wrong: rusting tankers and rigs clog up Asian waters

    22 September 2016
    Exploration & Production

    Some 15 km (9 miles) from the bustling port of Singapore,a rusting tanker as big as the world’s largest aircraft carriers lies idle in a muddy estuary flanked by mangrove trees on the coast of southern Malaysia.

  • Absheron topsides FEED gig goes to KBR-Socar joint venture

    22 November 2017
    Business & Finance, Project & Tenders

    A joint venture between Socar and KBR has been awarded a Front-End Engineering Design (FEED) contract for the topsides of the Absheron early production project in the Caspian Sea offshore Azerbaijan.

  • Rolls-Royce: Propulsion Systems for Transocean’s Vessels

    8 May 2013
    Business & Finance, Equipment, Project & Tenders

    Rolls-Royce Plc has signed a contract to deliver drillship propulsion systems to the world’s largest drilling company Transocean. This latest contract marks the 100th drillship to feature Rolls-Royce propulsion equipment. In recent months Rolls-Royce has won orders to supply propulsion systems for seven new drillships totaling close to £100 million, including options, from a variety […]

  • Trapoil Enters Farm-In Agreement with Extract Energy (UK)

    22 January 2013
    Business & Finance

    Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announces that on 18 January 2013 it completed a farm-in agreement with Extract Petroleum Limited (“Extract”) with respect to the acreage awarded to it in the recent 27th Seaward Licensing Round, the […]

  • COSCO Shipyard Group Scores New Record (China)

    17 February 2012

    One of the biggest Chinese shipbuilders, COSCO Shipyard Group, has scored a new record with the operating profit in 2011 exceeding CNY 20bn ($3.17bn). COSCO managed to deliver 47 new vessels last year thus exceeding 3 million DWT mark. The company also entered a new market with six offshore vessels successfully delivered to their owners. […]

  • GE Appoints New President and CEO of Its Power Conversion Business

    25 September 2015
    Business & Finance

    GE’s Energy Management President & CEO Mark Begor announced the appointment of Stephan Reimelt as President and CEO of GE’s Power Conversion business, succeeding Joe Mastrangelo who becomes President and CEO of Power Generation Products for GE Power & Water. Power Conversion is GE’s growing business, operating in 160 locations worldwide, with more than 7,000 […]

  • USA: EVEP Announces Barnett Shale Acquisition

    6 September 2013

    EV Energy Partners (EVEP) announced that it, along with certain institutional partnerships managed by EnerVest, Ltd., has signed an agreement to acquire natural gas properties in the Barnett Shale from Carrizo Oil and Gas. EVEP has agreed to acquire a 31 percent interest in these assets for $67.6 million ($218 million for all EnerVest-affiliated entities […]

  • 100th Drillship to Feature Rolls-Royce Propulsion Equipment

    8 May 2013

    Rolls-Royce Plc has signed a contract to deliver drillship propulsion systems to the world’s largest drilling company Transocean. This latest contract marks the 100th drillship to feature Rolls-Royce propulsion equipment. In recent months Rolls-Royce has won orders to supply propulsion systems for seven new drillships totaling close to £100 million, including options, from a variety […]

  • CSSC: China’s 1st low-speed LNG DF marine engine delivered

    6 April 2021
    Business Developments & Projects, Innovation, Research & Development, Technology

    CSSC’s subsidiary China Shipbuilding Power Group has delivered CX40DF, China’s first low-speed LNG dual-fuel marine engine, in Zhenjiang, Jiangsu.

  • Muskegon Sediment Cleanup Scheme Wrapped Up

    17 October 2018
    Business & Finance

    The U.S. Environmental Protection Agency yesterday announced the completion of a $16 million sediment cleanup at the former Zephyr Oil Refinery in Muskegon Township, Mich. Work was funded through a cost-sharing partnership with the state of Michigan under the Great Lakes Restoration Initiative (GLRI). EPA Great Lakes National Program Office Director Chris Korleski joined Michigan […]

  • Long-awaited oil removal from ‘ticking bomb’ FSO Safer kicks off in Red Sea

    25 July 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Safety, Vessels

    The much-anticipated removal of more than 1 million barrels of oil from the decaying FSO Safer off Yemen’s Red Sea coast started today. The ship-to-ship transfer of oil to the replacement tanker Yemen, formerly known as Nautica, which arrived in Yemen a few days ago, is expected to last 19 days. The UNDP-led operation is aimed […]