3673 results found for 'cgx'

3673 results found for 'cgx'
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  • North Sea FPSO production restart on the cards next month following storm-induced damage

    18 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Serica Energy has confirmed the new timeline for the resumption of production at its assets in the North Sea, which are tied back to an existing floating production, storage, and offloading (FPSO) vessel, operated by Dana Petroleum, on the UK Continental Shelf (UKCS).

  • ClassNK approves methane slip reducing system for LNG-fueled ships

    16 March 2022
    Business Developments & Projects, Equipment, Infrastructure, Research & Development, Vessels

    The classification society ClassNK has granted approval in principle to a Japanese trio for the methane oxidation catalyst system for LNG-fueled vessels.

  • Island Offshore Takes Delivery of New Vessel from VARD

    11 February 2020

    Island Offshore has taken delivery of the new offshore installation vessel Island Victory from VARD. The vessel, with a a length of 123 meters and a breadth of 25 meters, was named in a ceremony at VARD Langsten. Island Victory will be heading straight into operation after delivery, starting a series of contracts, securing work […]

  • Digitalization: the good, the bad and the ugly

    7 October 2020
    Automation, IT & Software, Technology, Transition

    When I was just starting my career in the maritime news reporting business, I remember being approached by a reputable editor of a printed magazine in his late 60s at a major trade fair in Hamburg, who asked which publication I worked for. When I answered it was a digital publication, he dismissed the idea […]

  • Smulders to Produce Its 1000th Transition Piece

    2 September 2014

    In August 2013 Smulders Projects, subsidiary of Smulders Group, secured together with Sif Group an order from Van Oord Offshore Wind Projects b.v. for the delivery of 150 Transition Pieces for the Gemini Windfarm. Sif Group will supply the primary steel tubulars, Smulders Projects will supply and install all secondary steel and will perform surface […]

  • France goes big on maritime decarbonization with ‘CORIMER low-carbon ships’ initiative

    6 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    The French government is launching a new call for proposals to accelerate the production of low-carbon ships and boats in the country.

  • NTSB: Tanker master’s fatigue led to allision with O&G platform

    25 November 2021
    Human Capital, Infrastructure, Outlook & Strategy, Regulation & Policy, Safety, Vessels

    A tanker operating company’s decision to change masters without a handover period led to a $72.9 million marine accident, according to a National Transportation Safety Board (NTSB) Marine Accident Brief issued on 23 November.

  • DNV acquires Applied Risk to build cyber security powerhouse

    24 November 2021
    Business Developments & Projects, Certification & Classification, Infrastructure, IT & Software, Market Outlooks, Outlook & Strategy, Regulation & Policy, Safety

    Norway-based classification society DNV has decided to acquire Dutch cyber security specialist Applied Risk in an effort to create an industrial security powerhouse.

  • MODEC firms up contract award for one of largest FPSOs ever in Brazil

    3 June 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Japan’s FPSO operator MODEC has firmed up a contract award with Equinor to deliver one of the largest FPSOs ever delivered to Brazil.

  • Port of Los Angeles to bolster cybersecurity with Cyber Resilience Center

    9 December 2020
    Automation, Business & Finance, Infrastructure, Ports & Logistics, Technology

    The Port of Los Angeles is about to get a Port Cyber Resilience Center (CRC) which will be designed and operated by the International Business Machines Corporation (IBM). The move is being announced on the back of the official approval of the project with IBM by the Los Angeles Board of Harbor Commissioners, following a […]

  • Centrica and Bayerngas Join Forces to Form New E&P Company

    17 July 2017
    Business & Finance, Operations & Maintenance

    Centrica and Stadtwerke München (SWM) have reached an agreement to combine Centrica’s European oil and gas exploration and production (E&P) business with Bayerngas Norge to form a newly incorporated joint venture  and create an independent European E&P company. The Joint Venture will have two shareholding entities. Centrica will own 69% and Bayerngas Norge’s existing shareholders, […]

  • Petrobras shareholders roll out red carpet for new CEO

    13 April 2021
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Shareholders of Brazilian state-owned oil company Petrobras have completed the groundwork for the appointment of a new chief executive officer (CEO) by removing current CEO Roberto Castello Branco from his position.

  • AWE has two months to decide on Otway Basin drilling

    4 August 2014
    Project & Tenders

    Australian energy company WHL Energy Limited has informed that the final Seismic Volume Report for the “La Bella” 3D seismic survey has been received on schedule and provided to the VIC/P67 JV partners, AWE Limited (“AWE”) and Tap Oil Limited (“Tap”). The fully processed Seismic Volume Report has been compiled by contractor CGG Services SA over […]

  • Drewry: Ocean carriers close 2021 with $190 billion profit

    23 February 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy

    Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.

  • Capital Product Partners boosts fleet with 3 energy-efficient LNG carriers

    1 September 2021
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Vessels

    Greece-based shipowner Capital Product Partners L.P. (CPLP) has agreed to acquire three 174,000 cbm latest generation X-DF LNG carriers from CGC Operating Corp.

  • California governor plans to invest $2.3 bln in state ports

    12 January 2022
    Business & Finance, Business Developments & Projects, Ports & Logistics

    On 10 January, California Governor Gavin Newsom presented a 2022-23 state budget proposal that includes a planned $2.3 billion investment for Californian ports to reduce congestion.

  • Five Petrobras board members to step down with CEO

    4 March 2021
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Five board members of Brazilian state-owned company Petrobras have decided to step down as a reaction to moves made by Brazil President Jair Bolsonaro to replace current CEO Roberto Castello Branco.

  • Seismic Surveys in Atlantic to Move Forward

    11 May 2017

    The Trump administration informed on Wednesday that it is moving forward with seismic surveys in the Atlantic Ocean. In accordance with the decision, the Department of the Interior will resume its evaluation of applications from six companies seeking permits to conduct geological and geophysical (G&G) activities in the Atlantic Ocean. “Seismic surveying helps a variety […]

  • Shipping Lines Honored for Green Leadership (USA)

    31 May 2013
    Business & Finance

    Twenty shipping lines were honored today by the Port of Long Beach for efforts to improve air quality locally by slowing down or deploying cleaner vessels – or both – at the annual Green Flag and Green Ship awards. The Port’s Green Flag Program was created in 2005 and participation today is nearly universal. In […]

  • OOIL Chair: 2017 a Year of Considerable Growth

    12 March 2018
    Business & Finance

    OOIL rebounds from USD 219.2 million loss to a profit attributable to equity holders of USD 137.7 million.

  • In focus: Bridging the gaps in hydrogen technologies

    9 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Infrastructure, Ports & Logistics, Research & Development, Storage, Technology, Transition, Vessels

    A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals.

  • OSX Brasil Reveals New Business Plan

    19 May 2013

    OSX Brasil S/A, a Brazilian publicly held corporation with activities in the sector of supplying equipment and services to the offshore oil and natural gas industry, with integrated operations in shipbuilding, chartering of exploration and production units (E&P) and operation and maintenance services (O&M), hereby informs to its shareholders and the market that: The Board […]

  • New horizons: India pledges $23.8B support to revamp domestic maritime industry

    14 March 2025
    Authorities & Government, Infrastructure, Ports & Logistics, Vision

    The Indian government said it has ₹2 trillion (around $23.8 billion) allocated to expand domestic shipbuilding capabilities, breathe new life into the country’s maritime industry and position India among the top five shipbuilding nations by 2047. As informed, this latest effort aligns with the “Maritime India Vision 2030” and the “Maritime Amrit Kaal Vision 2047” […]

  • Offshore energy: Short-term dip, long-term rise (Interview)

    14 April 2015

    Dutch bank Rabobank in March issued a report titled: “Offshore energy: Short-term dip, long-term rise” in which they provide an insight in the current market conditions and a forecast of what the future may hold for the global offshore oil and gas industry. Offshore Energy Today interviewed Richard Brakenhoff, who has worked as an industry analyst at Rabobank […]

  • Has the time come for ‘demolition flurry’ everyone was talking about to boost liner profits?

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

    The container shipping industry is grappling with a complex challenge – an overcapacity crisis. The surge in new containerships ordered during the pandemic, coupled with supply chain normalization at major ports and inland regions, has led to a flood of capacity that is profoundly disrupting the equilibrium between supply and demand. Concurrently, the scrapping activity […]