454 results found for 'SE@PORTS'

454 results found for 'SE@PORTS'
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  • Dryad: 19 Tanker Crew Kidnapped off Nigeria

    4 December 2019

    19 crew members of a tanker vessel identified as Nave Constellation reportedly taken by pirates.

  • IM Skaugen Claims Victory in Arbitration Case against MAN

    19 May 2017
    Business & Finance

    Norway based transportation company IM Skaugen said that it has won around USD 15 million in damages in the arbitration case against MAN Diesel & Turbo SE, the German diesel propulsion manufacturing company. The dispute relates to the company’s agreement with MAN to purchase 12 marine diesel propulsion systems comprising engines and propellers. According to Skaugen, MAN has “misrepresented […]

  • BASF Subsidiary Wintershall Acquires 15 pct Stake in South Stream AG (Russia)

    22 March 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      Alexey Miller, Chairman of the OAO Gazprom Management Committee, and Dr. Jürgen Hambrecht, Chairman of the Board of Executive Directors of BASF SE, signed a Memorandum of Understanding in Moscow which will see the BASF subsidiary Wintershall acquire a 15 percent stake in the company South Stream AG. Gazprom will retain its 50 percent […]

  • Coro Energy buys into Mako gas field offshore Indonesia

    11 February 2019

    Coro Energy has entered into an agreement to buy a 15 percent share in the Duyung offshore block in Indonesia.

  • UAE: Polarcus Gets Credit to Finance Two Vessels Currently Under Construction at Ulstein Verft

    21 July 2011

    Polarcus Limited announced that the Company has signed a term sheet for a bank facility of USD 410 million with DnB NOR Bank ASA and DVB Bank SE, Nordic Branch, together with Garanti-instituttet for Eksportkreditt (GIEK) and Eksportfinans ASA (the “Fleet Bank Facility”). The Fleet Bank Facility is offered at attractive terms and significantly improves […]

  • New Zealand: Light Sheen from Rena Wreck Confirmed

    5 April 2012

    Debris from Rena has washed ashore at Tairua, in the Coromandel. Thames-Coromandel District Council staff have started the clean up of the debris, and MNZ, with support from Waikato Regional Council, is continuing to monitor the shoreline. There have been no reports of oil coming ashore in the Bay of Plenty or Coromandel, however, responders […]

  • 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 […]

  • UK player progressing talks to put funding in place for drilling ops offshore Timor-Leste next year

    20 June 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Research & Development

    Baron Oil has entered its third year of a production sharing contract (PSC) for a gas field offshore Timor-Leste.

  • Baron Oil in reverse takeover of Singapore-based E&P company

    14 November 2019
    Business & Finance

    UK-based oil and gas company Baron Oil has made a move to acquire a Singapore-based private E&P company, SundaGas, in a reverse takeover transaction.

  • UK: SPE Reveals Finalists for Offshore Achievement Awards 2012

    6 February 2012
    Business & Finance

    The shortlist for the Offshore Achievement Awards has been announced recently, recognising the top individuals and companies in the energy industry. The awards, re-launched in October by the Society of Petroleum Engineers with the support of main sponsor TAQA Bratani, will celebrate the finest talent in categories including overall company performance, commitment to safety and […]

  • New rig job lands on Seatrium’s table

    20 February 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Seatrium has emerged as the winner in an international tender from International Maritime Industries (IMI), said to be the largest shipyard in the Middle East and North Africa (MENA) region, for the supply of equipment and license for jack-up rig destined to work in the Middle East.

  • Waterjets from Marine Jet Power Save the Day

    8 March 2013

    Two recent refits of waterjets are unique in one respect that they allow a direct comparison between waterjet brands, while everything else remains unchanged. Waterjets from Marine Jet Power were recently used to solve some significant propulsion issues and in one case the exchange even helped a yard to achieve its project goals leading to […]

  • Germany: E.ON Announces EBITDA of around EUR 10.8 Billion

    13 March 2013

    Düsseldorf-based E.ON SE posted EBITDA of about €10.8 billion and underlying net income of about €4.2 billion in the 2012 financial year.  “Our solid results, which also reflected a number of positive one-off effects, are gratifying and a tribute to our employees’ outstanding dedication and performance, particularly in difficult times,” said E.ON CEO Dr. Johannes […]

  • Longboat JAPEX offloads partial stakes in two North Sea exploration licenses

    8 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Longboat JAPEX Norge has sold partial interests in two exploration licenses on the Norwegian Continental Shelf (NCS) to Norway’s Concedo.

  • Wintershall Takes Over Brage Operatorship

    1 October 2013

    Wintershall Norge is today taking over the operatorship of the Brage oil field on the Norwegian Continental Shelf (NCS) from Statoil. The Brage platform off Bergen is the first major production platform operated by Wintershall Norge. Since the transfer of equity in the fields Brage, Gjøa and Vega to the wholly owned BASF subsidiary at […]

  • Asia-Mediterranean Rates Plunging

    1 December 2014
    Business & Finance

    Since September, the demand for shipping along the Asia-Mediterranean routes has fallen sharply, and while carriers have countered this by cutting back capacity it has been insufficient to stop the inevitable erosion of market rates, according to Drewry’s latest report. In percentage terms, the 11% drop off in headhaul volumes during September compared to August […]

  • Keppel secures four contracts worth S$340 million

    21 November 2008

    Keppel Offshore & Marine has secured SGD 340 million dollars worth of contracts through its subsidiaries for the conversion of a floating storage and offloading vessel (FSO), the construction of an internal turret, the refurbishment and outfitting of a semi-submersible multi-service vessel as well as the fabrication, installation and integration of topside process modules for […]

  • ROMAR Invests in R&D and Launches New Swarf Recovery Unit (UK)

    11 July 2012
    Business & Finance, Equipment

    Aberdeenshire-based oilfield service company ROMAR International has expanded its product range with the launch of a new swarf recovery unit, as a result of more than doubling investment in research and development (R&D). To ensure it can respond to the future increased demands of the offshore well plug and abandonment sector within the oilfield decommissioning […]

  • ROMAR Invests in R&D to Meet Oilfield Decommissioning Industry Demand

    11 July 2012

    Aberdeenshire-based oilfield service company ROMAR International has expanded its product range with the launch of a new swarf recovery unit, as a result of more than doubling investment in research and development (R&D). To ensure it can respond to the future increased demands of the offshore well plug and abandonment sector within the oilfield decommissioning […]

  • Cove Energy Provides Update on its Operations Offshore Mozambique and Kenya

    27 June 2011
    Business & Finance, Project & Tenders

    Cove Energy plc announces the following operational update ahead of its AGM today. 1. Mozambique Rovuma Offshore Area 1 (“Rovuma Offshore”) • Appraisal Drilling Commences. The Belford Dolphin drillship has commenced appraisal drilling in the Barquentine gas discovery area. Currently the rig is top setting the upper casing strings on Barquentine 3 after which it […]

  • Germany: E.ON EBITDA at EUR 10.8 Bln

    13 March 2013

    Düsseldorf-based E.ON SE posted EBITDA of about €10.8 billion and underlying net income of about €4.2 billion in the 2012 financial year. “Our solid results, which also reflected a number of positive one-off effects, are gratifying and a tribute to our employees’ outstanding dedication and performance, particularly in difficult times,” said E.ON CEO Dr. Johannes […]

  • Cove Energy Provides Operational Update (UK)

    27 June 2011

    Cove Energy plc issued the following operational update ahead of its AGM today. 1. Mozambique Rovuma Offshore Area 1 • Appraisal Drilling Commences. The Belford Dolphin drillship has commenced appraisal drilling in the Barquentine gas discovery area. Currently the rig is top setting the upper casing strings on Barquentine 3 after which it which it […]

  • Beware of a good pitch: Separating the hype from substance key to successful decarbonization

    19 August 2020
    Business & Finance, Environment, Research & Development, Rules & Regulation, Transition, Vision

    The shipping industry is faced with a perfect storm. On the one hand, the pressure to decarbonize its operations and cut greenhouse gas (GHG) emissions by abandoning the use of fossil fuels is rising, promising to change shipping as we know it. On the other hand, a global pandemic is reshaping the global trade creating […]

  • The Most Complete INBIS Channel Map Released

    21 March 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    A scientific study describes for the first time the submarine cartography of a high-latitude system in the IBIS channel, which covers tens of kilometres in the northern western area of the Barents Sea, in the Arctic Ocean. This channel is one of the few submarine valleys in polar latitudes that kept its geological architecture during […]

  • Provaris: 2.8 GW green hydrogen project on Tiwi Islands advances

    31 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development

    Australian Provaris Energy has informed that it continues to make progress on its Tiwi H2 green hydrogen export project on the Tiwi Islands, Northern Australia through its early works program initiated in late 2022 that covers detailed engineering, permitting and land and project agreements. It stated that significant feasibility work and reporting has been undertaken, […]