8093 results found for 'Maersk Oil'

8093 results found for 'Maersk Oil'
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  • Nuclear propulsion brings emissions-free, longer-lived ships into play

    4 July 2024
    Market Outlooks, Outlook & Strategy, Transition

    The rise of small modular reactors (SMRs) points to a step change for nuclear applications in shipping if regulatory hurdles can be overcome, classification society Lloyd’s Register said in a new report.

  • Kidnappings Double in 2015, IMB Says

    3 February 2016

    As a result of five attacks off Nigeria, kidnappings doubled from nine in 2014 to 19 in 2015, the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) said in its annual piracy report. ICC IMB added that piracy and armed robbery on the world’s seas is persisting at levels close to those in 2014, despite […]

  • Converteam Powers China’s First 5 MW Permanent Magnet Direct Drive Offshore Wind Generator in China

    30 November 2010
    Research & Development

    Chinese wind turbine manufacturer Xiangtan Electric Manufacturing Corporation Ltd (XEMC) has recently unveiled the world’s first 5MW permanent magnet generator for a direct-drive offshore-specific wind turbine. The achievement was marked by a 21st October ceremony in Xiangtan which was attended by leading officials representing regional and national government including the Vice Minister of the Ministry […]

  • Stronger price environment pushes Eni 1Q profit past $1 billion

    30 April 2021
    Business & Finance, Business Developments & Projects

    Italian oil and gas company Eni booked a net profit of over $1 billion in the first quarter of the year due to a strengthened upstream price environment.

  • BP taps Singapore player for its new Gulf of Mexico-bound floating production unit

    24 December 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seatrium has been tasked with engineering, procurement, construction, and onshore commissioning (EPC) work for a newbuild floating production unit (FPU), destined for a deepwater project operated by BP in the U.S. Gulf of Mexico.

  • ADNOC expands its carbon management footprint by investing in Storegga

    9 January 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage

    ADNOC has made its first international equity investment foray in carbon management by becoming a lead investor in Storegga.

  • UK: Reef Subsea Inks Five-Year Charter Agreements for Its Two Newly-Built Vessels

    16 November 2011

    Reef Subsea AS signed two five-year charter agreements for two newly-built dynamically positioned subsea construction vessels – Neptune Despina and Neptune Larissa – from Neptune Offshore AS. Simultaneously Neptune Subsea AS, the ship owning company of the vessels, welcomes Reef Subsea as a 25% shareholder. Both vessels have been recently delivered to Neptune Offshore and […]

  • Sovcomflot Opens New Training & Engineering Centre for Projects in Arctic

    26 December 2012
    Business & Finance, Research & Development

    Recently OAO Sovcomflot held a grand opening ceremony for its new training & engineering centre (TEC) in Saint-Petersburg. This unique centre will provide special training for the company’s captains and senior officers in preparation for navigation in the challenging climatic conditions of the Arctic. The training & engineering centre will work closely with SCF Group […]

  • Marco Polo Marine orders hi-spec jack-up rig

    26 February 2014

    Singapore Exchange Mainboard-listed Marco Polo Marine Ltd has entered into an agreement with PPL Shipyard Pte Ltd, a subsidiary of Sembcorp Marine Limited, to construct a high-specification jack-up rig with a contract value of US$214.3 million. The rig is slated for delivery inin the fourth quarter of 2015. Marco Polo Marine has options to order two more units for […]

  • MAN ME-LGI Engine Becomes Reality

    18 December 2013

    Vancouver-based Waterfront Shipping has confirmed its Methanol Carrier Project for a series of 50,000-dwt methanol carriers, each powered by an MAN B&W ME-LGI main engine running on methanol. The confirmation stems from a Letter of Intent MAN Diesel & Turbo and Waterfront signed in July of this year. MAN Diesel & Turbo officially designates the […]

  • SCF Opens Training and Engineering Center for Oil and Gas Projects in Arctic

    26 December 2012

    Sovcomflot held a grand opening ceremony for its new training & engineering centre (TEC) in Saint-Petersburg. This unique centre will provide special training for the company’s captains and senior officers in preparation for navigation in the challenging climatic conditions of the Arctic. The training & engineering centre will work closely with SCF Group headquarters which […]

  • EU: New Rules on Marine Shipping Fuels Will Reduce Air Pollution

    19 December 2012

    New environmental rules on marine fuels, entering into force , will substantially reduce air pollution and its impacts on human health. Air pollutants from maritime shipping are transported over long distances and as a result contribute increasingly to the air quality problems in many European cities. Without any action, sulphur emissions from shipping in EU […]

  • Shell, BP, TotalEnergies, Eni, ExxonMobil, Chevron, and ConocoPhillips ride oil & gas demand wave, cashing in close to $32 billion in total profit

    12 August 2024
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Transition

    European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have collected a staggering $31.65 billion in combined profit during the second quarter of 2024.

  • 27 shareholders heap more pressure on Shell to take ‘credible’ climate action

    16 January 2024
    Business & Finance, Business Developments & Projects, Transition

    Shell is facing additional pressure from 27 investors, who manage more than €3.9 trillion in assets, to pursue decarbonization with more vigor.

  • New cross-border carbon storage project to explore potential for ship transport and industrial clusters across Europe

    22 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vessels

    Neptune and CapeOmega have announced a project concept for a cross-border CO₂ storage development for industrial emitters across Europe.

  • Terra Nova partners sanction life extension project

    9 September 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Suncor and its Terra Nova partners have finalized the agreement to restructure the ownership and move forward with the life extension project.

  • Scotrenewables Secures Funding for Tidal Energy Project in UK

    14 December 2012
    Business & Finance, Operations & Maintenance

    Scotrenewables Tidal Power Limited announces that it has agreed terms in respect of a major financing package totalling £8.84m which includes £1.24m in public funding from the Scottish Government as well as £7.6m in private investment from a trio of multinational backers. The deal will see both of SRTP’s long-standing investors, shipping and renewable energy […]

  • BP: First gas flows from 2nd stage of West Nile Delta project off Egypt

    11 February 2019

    Oil and gas giant BP has kicked off first gas production from the second stage of its West Nile Delta development offshore Egypt.

  • UK: Reef Subsea Charters Two New-Built DP2 Subsea Construction Vessels from Neptune

    16 November 2011
    Business & Finance, Project & Tenders

    Reef Subsea AS announced that they have signed two five-year charter agreements for two newly-built dynamically positioned subsea construction vessels – Neptune Despina and Neptune Larissa – from Neptune Offshore AS. Simultaneously Neptune Subsea AS, the ship owning company of the vessels, welcomes Reef Subsea as a 25% shareholder. Both vessels have been recently delivered […]

  • Reef Subsea Bags Cable Installation Contract at Gwynt y Mor OWF (UK)

    9 July 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Reef Subsea AS announced today that its subsidiary company, Reef Subsea Power & Umbilical Ltd. with offices in Stockton on Tees and Aberdeen, has been awarded a major contract with Gwynt y Mor Offshore Wind Farm Limited, worth approximately £40m (61.9 million USD). It will see Reef Subsea Power & Umbilical assist with engineering, project […]

  • Shell ships first LNG cargo from Prelude FLNG

    11 June 2019
    Infrastructure, Project & Tenders

    Oil major Shell has announced that the first shipment of liquefied natural gas (LNG) has sailed from the Prelude floating liquefied natural gas (FLNG) facility, located 475 kilometers North East of Broome in Western Australia.

  • Asian Development Bank earmarks $1B for Shah Deniz field

    7 December 2016

    The Asian Development Bank (ADB) will provide $1 billion in private and public sector assistance to expand Azerbaijan’s Shah Deniz II, a large gas field in the Caspian Sea. According to Manila-based ADB, the assistance comprises a $500 million private sector loan to the Southern Gas Corridor Closed Joint Stock Company (SGC) and a $500 million sovereign-counter […]

  • EMART Asia Brings Best LNG Trading Experts to Singapore

    19 October 2012

    LNG trading is the next big thing in energy markets. In South East Asia, a whole new ecosystem comprising LNG traders, service companies and the supporting physical infrastructure is taking shape. The 2nd EMART Asia, taking place during Singapore International Energy Week next week, from 23 – 24 October, will be the anchor energy trading […]

  • Reef Subsea Charters Two Vessels from Neptune Offshore (UK)

    16 November 2011

    Reef Subsea AS announced that they have signed two five-year charter agreements for two newly-built dynamically positioned subsea construction vessels – Neptune Despina and Neptune Larissa – from Neptune Offshore AS. Simultaneously Neptune Subsea AS, the ship owning company of the vessels, welcomes Reef Subsea as a 25% shareholder. Both vessels have been recently delivered […]

  • Forewind Hands Dogger Bank Core Samples to NGR (UK)

    8 June 2015
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Forewind, a consortium of four energy companies – RWE, SSE, Statkraft and Statoil, is donating all the core samples collected on Dogger Bank to a national science facility. The core samples, cylindrical soil sections extracted from the seabed, will be entrusted to the National Geological Repository (NGR), located at the British Geological Survey headquarters in […]