8089 results found for 'Maersk Oil'

8089 results found for 'Maersk Oil'
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  • Kent demystifying oil & gas decarbonization economics

    19 August 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Dubai-headquartered engineering and services company Kent is developing a comprehensive report aiming to offer guidance for determining the cost of decarbonization, including its societal aspect, in the upstream oil and gas industries on behalf of the London-based Energy Institute.

  • Wison & Genting sign LNTP deal to buy equipment for FLNG unit in Indonesia

    15 September 2023
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Project & Tenders, Research & Development

    Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine, and Genting Oil & Gas Limited (GOGL), via its wholly-owned indirect subsidiary PT Layar Nusantara Gas (PTLNG), have entered into a limited notice to proceed agreement (LNTP) to purchase $43.04 million of long lead items for a 1.2 mtpa floating liquified natural gas (FLNG) […]

  • Woodmac: Number of upstream FIDs set to double in 2017

    11 July 2017

    This year might be a turning point when it comes to the number of expected final investment decisions for upstream projects, according to Wood Mackenzie, an energy intelligence firm. According to a recent Wood Mackenzie report “A big year for FIDs: 2017 marks a turning point”, the number of upstream projects reaching FID in 2017 […]

  • Kreuz Holdings Reports 8-Times Higher Profit for First Quarter 2011 (Singapore)

    13 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, reported that profit for the period jumped over 8-times to a record US$5.7 million for the three months ended March 31, 2011 on the back of a 292.2% increase in revenue to US$26.1 million. Sequentially, revenue grew by 27.9% from fourth quarter […]

  • Independent Oil and Gas buy Cronx gas asset from Swift

    5 March 2014
    Business & Finance

    Independent Oil and Gas plc, the North Sea focused oil and gas development and production company, has entered into an agreement to acquire 100% of the UK licence block 48/22a from Swift Exploration (“Swift”) for an initial consideration of approximately £468,000.   Block 48/22a contains a gas discovery which IOG intends to rename Cronx. The […]

  • China: COSL Takes Delivery of New Semi-Submersible Drilling Rig

    21 October 2011
    Business & Finance

    On the morning of Oct. 21st, 2011, the Delivery Ceremony of COSLINNOVATOR was successfully held in Yantai. It is the second deep water semi-submersible drilling platform built by Yantai CIMC Raffles Offshore Ltd. (hereafter refers to CIMC Raffles) for COSL Drilling Europe AS (hereafter refers to CDE), a wholly-owned subsidiary of China Oilfield Services Limited […]

  • Highlights of the Month – January 2018

    1 February 2018

    Taiwan to Sign 5.5GW of Contracts with Offshore Wind Developers by July Nine developers looking to build offshore wind farms in Taiwan have qualified for offshore environmental permits. These developers, offering 10.5GW of offshore wind capacity in total, will now compete for 5.5GW of offshore wind contracts, 3.5GW to be selected for the feed-in-tariff (FIT) […]

  • USA: Acting Secretary of Commerce Announces USD 102 Million for Three Louisiana Projects

    29 September 2011

    Acting Secretary of Commerce Rebecca Blank yesterday announced $102 million for three Louisiana projects in the Barataria and Terrebone basins, to restore deteriorated wetlands and barrier island habitats along the state’s coast. These awards are funded by the Coastal Wetlands Planning, Protection and Restoration Act (CWPPRA) program. U.S. Rep. Cedric Richmond, D-La., Louisiana Coastal Protection […]

  • UK’s oil & gas industry on its way to surpassing methane and production emissions cuts years before deadline

    18 September 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    The UK wants decarbonized oil and gas production to power its homes and businesses with low-carbon and zero-emission energy.

  • UK gov’t reaffirms commitment to oil & gas sector

    5 September 2017

    UK government remains fully committed in its support of the UK’s oil and gas industry, the Exchequer Secretary to the Treasury said on Tuesday at the industry’s conference in Aberdeen. Andrew Jones, Exchequer Secretary to the Treasury, spoke on Tuesday at the oil and gas industry’s conference – Offshore Europe – which started in Aberdeen on […]

  • Capital restoration work of Terrebonne Basin Barrier Islands wraps up

    22 July 2022
    Business Developments & Projects, Infrastructure

    The Louisiana Coastal Protection and Restoration Authority (CPRA) has announced completion of the Terrebonne Basin Barrier Island and Beach Nourishment project – the largest restoration by acreage completed by CPRA to date. According to CPRA, this capital development program restored 1,080 acres of barrier island habitat and 8.6 miles of beach in Terrebonne and Lafourche […]

  • Fircroft, Tanjung Offshore team up (Malaysia)

    18 June 2014
    Business & Finance

    Fircroft Group (UK), one of the world’s leading providers of technical recruitment services to the global Natural Resource and Engineering sectors, is expanding its services to Malaysia through an official agreement marked at a signing ceremony today with Tanjung Offshore Berhad (Tanjung). The joint entity will be known as Fircroft Tanjung. The signing ceremony was […]

  • Yinson gets a hold of $230 million in funding for Brazil-bound FPSO

    7 August 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Yinson Production has secured a $230 million term loan facility in relation to an FPSO vessel, which will be deployed off the coast of Brazil.

  • First mobile offshore wind turbines to be market-ready in 2024

    22 February 2022
    Research & Development, Technology

    Odfjell Oceanwind plans to order the first batch of floating Mobile Offshore Wind Units (MOWUs) later in 2022, with a plan of going into operation in 2024. The units will be operated as one fleet under Odfjell Oceanwind’s management. Odfjell Oceanwind, part of Norway’s Odfjell Group, is developing a fleet of floating MOWUs with the […]

  • Senergy Expands Its Survey and Geo-Engineering Division

    26 September 2013

    Energy services company Senergy has reinforced its survey and geo-engineering team by almost 30% after further building on its fast-growing global footprint through the expanding geographical reach of its operations. New contract wins across the UK, Norway and Australia have resulted in the growth of the company’s survey and geo-engineering division which has also seen […]

  • Polarcus halves quarterly loss on the back of highest ever vessel utilization

    27 February 2019
    Business & Finance

    Seismic services player Polarcus halved its quarterly loss and boosted revenues driven by highest ever vessel utilization and improved dayrates.

  • UK: CAA approves improved EBS for offshore helicopter passengers

    11 July 2014
    Equipment

    The UK Civil Aviation Authority (CAA), the UK’s specialist aviation regulator, yesterday announced the approval of a new enhanced emergency breathing system that will deliver improved levels of safety for offshore helicopter passengers. The move follows a series of measures announced in February to increase the safety of offshore helicopter flights. These were the outcomes […]

  • UANI Calls on RS to Stop Certifying Iranian Vessels

    16 August 2012
    Business & Finance

    Continuing its Shipping Certification Campaign, United Against Nuclear Iran (UANI) on Wednesday called on Russian Maritime Register of Shipping (RS) to stop certifying Iranian vessels. The prominent shipping services Bureau Veritas, Germanischer Lloyd, and ClassNK recently stopped certifying Iranian vessels in response to UANI, however RS is increasingly providing certification and other maritime services to […]

  • Marathon Oil Net Income Rises

    6 February 2014

    Marathon Oil Corporation reported full-year 2013 adjusted net income of $1.874 billion, compared to adjusted net income of $1.736 billion for 2012. Full-year 2013 net income was $1.753 billion, compared to $1.582 billion in 2012. “During 2013, we continued to maintain a sharp focus on our core values, operating reliability and execution excellence, marked by […]

  • India: Wison Offshore & Marine, VGS Group Sign FRU Contract

    6 July 2012
    Business & Finance

    Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced yesterday the signature of an agreement in principle to supply a newbuild floating LNG regasification unit (FRU) to VGS Group of New Jersey, USA, for installation offshore India. The FRU, which will be owned by VGS Group, will consist of a non-propelled […]

  • Chevron’s gas to power Australian alumina plants until late 2030s

    17 December 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has signed a new long-term sale and purchase agreement (SPA) with aluminum producer Alcoa of Australia to supply natural gas from its Western Australian (WA) assets.

  • Suncor vows to cut emissions by third and become net-zero firm

    27 May 2021
    Market Outlooks, Outlook & Strategy, Transition, Vision

    Canadian energy company Suncor has announced its intentions to cut emissions by a third and become a net-zero company as investors and courts start putting pressure on oil companies.

  • Report: Petronas targeting 1Q 2020 for 2nd FLNG unit start-up

    4 April 2019
    Infrastructure

    Report: Petronas targeting 1Q 2020 for 2nd FLNG unit start-up

  • James Fisher Marine Services to Acquire Supacat Multi-Purpose Vessel

    8 April 2014
    Business & Finance, Operations & Maintenance

    James Fisher Marine Services (JFMS) and Supacat today announced the purchase of the first of type Supacat Multi-purpose Vessel 24 (SMV 24). The investment in the SMV 24 vessel marks JFMS’s continued commitment to provide innovative solutions to clients that require high assurance when operating in the marine environments. The SMV 24 vessel establishes a […]

  • Rystad: Onshore producers have higher CO2 intensity, while offshore producers are scattered

    12 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Transition

    Rystad Energy has conducted a comprehensive company-level analysis of the world’s upstream industry, identifying the top carbon-intensity performers.