8093 results found for 'Maersk Oil'

8093 results found for 'Maersk Oil'
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  • Japan Announces Feed-in-Tariff for Wind Power

    22 June 2012
    Authorities & Government, Business & Finance

    Japan, the world’s third largest economy, has firmly shifted its future energy profile towards renewable energy technologies with a decision on Monday to implement a feed-in-tariff for wind power and other renewables. Reuters reported that the new incentives for renewable energies could unleash billions of Euros in revenue from renewable generation and related equipement while […]

  • Cofely Fabricom GDF SUEZ Moves Its HQ to Europarc

    25 June 2014
    Business & Finance, Technology

    Cofely Fabricom GDF SUEZ is marking its 40th anniversary by moving its headquarters to North East Lincolnshire’s flagship business park, Europarc. The company is bringing together its corporate and engineering operations under one roof to further enhance its service to clients, which include some of the biggest names in the energy industry. It has also brought […]

  • Platts: oversupply pushes spot LNG prices down 26.5 pct

    17 July 2014

    Prices of spot liquefied natural gas (LNG) for August delivery to Asia plummeted 26.5% year-over-year to an average $11.365 per million British thermal units (/MMBtu), the lowest monthly average since April 2011, the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery showed. The drop came as supply continued to outweigh demand. The data reflects the […]

  • Royal Haskoning celebrates inauguration of world-class Shipyard in Qatar

    24 November 2010

    A ceremony this week to mark the inauguration of the Nakilat Shipyard at the Port of Ras Laffan, State of Qatar, is the triumphant outcome of one of the most impressive civil and maritime engineering projects in the world, in which independent engineering and environmental consultants Royal Haskoning played a central role. Qatar owns 15 […]

  • Nautilus: Budget Omission Disappointment for UK Seafarers

    23 November 2017

    The UK could be left dependent on foreign shipping and workforces after further investment or incentives for training schemes aimed at UK seafarers have been omitted in the Autumn Budget 2017, maritime trade union Nautilus International warned. The union has been lobbying the government to double its Support for Maritime Training (SMarT) funding investment to […]

  • Samsung Engineering Aims High in LNG Market

    20 October 2014
    Business & Finance

    Samsung Engineering Co., Ltd, the largest engineering company in Korea, will commence the Front End Engineering Design (FEED) for the Texas LNG 2 MTA (million tonnes per annum) liquefaction project in Brownsville, Texas, Houston-based energy company Texas LNG said in a release. According to the announcement, Samsung Engineering will also become minority equity interest holder […]

  • Mermaid cuts steel for two newbuilds

    8 December 2014
    Exploration & Production

    Mermaid Maritime, a provider of subsea and drilling services for the offshore oil and gas industry, has marked the start of the construction of two of its offshore units, a vessel and a rig. The company took part in a steel cutting ceremonies for its performance class tender rig ‘MTR-3’ and DP2 multipurpose subsea dive […]

  • Hansa wraps up 3D shoot off The Netherlands

    8 September 2014
    Business & Finance, Equipment, Project & Tenders

    Hansa Hydrocarbons Limited (Hansa) has announced that it has successfully completed its large 3D seismic survey across the 4Quads licence blocks G18, H16, M3 and N1, offshore Netherlands. The survey covered approximately 965 square km and was located 40 km to the north of the Wadden Islands in the Dutch North Sea and adjacent to […]

  • Western Australia Premier Opens Devil Creek Gas Plant

    28 February 2012
    Business & Finance

    Apache Energy on February 25 marked the official opening of the Devil Creek Gas Plant by the Premier of Western Australia and Minister for State Development, the Hon. Colin Barnett MLA. The development, located in the northwest of Western Australia, represents an investment of approximately AUS$1.1 billion by Apache and its joint venture partner, Santos […]

  • Brazil: Delivery Ceremony of Suezmax Tanker ‘Zumbi dos Palmares’ Held at EAS Shipyard

    29 May 2013
    Business & Finance

    MAN Diesel & Turbo representatives attended the delivery ceremony of the Suezmax tanker ‘Zumbi dos Palmares’ on 20 May, 2013. Powered by an MAN B&W 6S70ME-C type prime mover and 3 × MAN 7L23/30H auxiliary engines, the vessel is the second ship built by Estaleiro Atlantico Sul (EAS) stemming from the Brazilian Government’s PROMEF shipbuilding […]

  • Revitalization of Trillion’s Black Sea asset ‘off to a great start’ as gas production begins to stabilize

    15 August 2024
    Business Developments & Projects, Exploration & Production, Operations & Maintenance

    After completing Phase 1 of the workover program at a gas field offshore Türkiye, Canada’s oil and gas player Trillion Energy is gearing up for Phase 2 aiming to sustain long-term natural gas production.

  • Beihai Shipbuilding ventures into VLCC market with Euronav deal, reveals more vessel details

    18 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Transition, Vessels

    CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has emerged as the shipbuilder of Euronav’s recently purchased very large crude carrier (VLCC) newbuild. As reported earlier this week, the Belgian tanker shipping company inked a deal to buy a VLCC newbuild from an undisclosed party, paying $112.2 million for the vessel. […]

  • ADNOC buys OCI’s stake in world’s largest seaborne exporter of ammonia

    19 December 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Abu Dhabi National Oil Company (ADNOC) and OCI Global have entered into a sale and purchase agreement for ADNOC to acquire OCI’s entire majority shareholding in Fertiglobe, the world’s largest seaborne exporter of urea and ammonia. Headquartered in Abu Dhabi, Fertiglobe was formed as a strategic partnership between OCI and ADNOC in September 2019, with […]

  • Deal in place to progress low-emission Irish Sea gas field

    21 February 2024
    Business Developments & Projects, Project & Tenders, Technology

    UK’s EnergyPathways has signed a memorandum of understanding (MoU) with MCS Subsea Solutions (MCS) and Mermaid Subsea Services related to negotiating the provision of subsea FEED services for its field in the UK Irish Sea. The MoU concerns negotiating the provision of subsea FEED engineering, project support, procurement, and offshore construction services for EnergyPathways’ wholly […]

  • Asia Pacific trio opens sixth ship management company for LNG carriers

    30 May 2024
    Business & Finance, Business Developments & Projects, Collaboration

    NYK, China Merchants Energy Shipping (CMES) and CNOOC Group have formed their sixth LNG ship management company, in Hong Kong.

  • Study: Newbuilds 10% Less Fuel Efficient than in 1990

    14 April 2015

    The historical development of the efficiency of new ships shows that the fuel efficiency of newbuilds has actually deteriorated since 1990 by 10% on average, a study commissioned by Seas At Risk and Transport & Environment (T&E) reveals. The study finds that bulk carriers, tankers, and container ships built in 2013 were on average 12, 8 and […]

  • Readers’ Choice: Dredging News That Marked 2019

    2 January 2020
    Business & Finance

    With the 2019 dredging season now behind us, Dredging Today presents a recap of the most popular stories from the past year.   Colombo Port City Land Reclamation Project Complete China Communications Construction Company (CCCC) has completed the majority of dredging and land reclamation works for the Sri Lanka’s Colombo Port City Project.   $1.36 Billion Ghasha […]

  • NHV orders two helicopters from Leonardo for North Sea ops

    19 June 2019
    Equipment

    Leonardo has recently signed a contract for two AW169 light intermediate helicopters with Belgium-based helicopter service provider NHV Group.

  • Shell, Sapura hire McDermott for offshore Malaysia installation gigs

    18 February 2019
    Business & Finance

    McDermott has won two “sizable” contracts from Shell and Sapura Exploration and Production for offshore installation and transportation work in Malaysia.

  • Thailand’s PTTEP Lifts Cove Bar to USD 1.77 bln

    24 February 2012
    Business & Finance

    Thailand’s PTTEP has entered into the race with Shell over Cove Energy’s shares. PTTEP’s President and CEO Anon Sirisaengtaksin revealed that the company would be willing to pay 220 pence for each Cove’s issued or to be issued share. The proposed offer values Cove at approximately USD 1.77 billion which is higher than the USD 1.56 billion bid […]

  • President: MOL Needs a Change of Course

    2 April 2015
    Business & Finance

    The business performance of Japanese shipping major Mitsui O.S.K. Lines (MOL) fell short as the company could not achieve its initial target of ¥70 billion in consolidated ordinary income, MOL’s President Koichi Muto said while speaking on MOL’s Foundation Day. According to Muto, the highest priority for the company is to swiftly alter the course of the midterm […]

  • IOG drops Cronx acquisition plans

    1 November 2016

    Independent Oil and Gas (IOG) has decided not to complete the acquisition of the Cronx license located in the Southern North Sea claiming that would not be “an optimal use” of the company’s funds.  IOG said on Tuesday it has received initial results from new interpretations of 3D seismic data covering the Blythe Hub licences […]

  • Brazil charges Odebrecht CEO with corruption

    27 July 2015
    Business & Finance

    Brazilian prosecutors presented on Friday their charges against the Chief Executive Officer (CEO) of Latin America’s engineering firm Odebrecht SA and several other senior executives of the company.  According to Reuters, Marcelo Odebrecht, the third generation chief executive of a family-run Brazilian company Odebrecht, was charged with corruption, money laundering and criminal conspiracy for his alleged role […]

  • Atlantic Offshore Rescue unveils ERRV Ocean Falcon as part of fleet modernisation

    29 May 2015

    Atlantic Offshore Rescue, a standby vessel operator, will today, May 29, unveil the third new vessel in the past 12 months as part of its fleet modernisation programme, representing an investment totalling £300 million ($458.9 million). Ocean Falcon, a brand new Class A Multi Role and Emergency Response and Rescue (MRV/ERRV) vessel, is to be christened at a […]

  • UK: Expro Announces Appointment of New Chairman

    27 February 2012
    Business & Finance

    International oilfield services company Expro today announced the appointment of world-renowned businessman Sir George Buckley as its new Chairman. Sir George has been the US-based Chairman, President and Chief Executive Officer of global blue-chip manufacturer, 3M, since December 2005. 3M is a Fortune 100 technology company serving customers and communities with innovative products and services, […]