3671 results found for 'cgx'

3671 results found for 'cgx'
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  • Noble rig booked for drilling ops off Suriname

    7 July 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Noble has won a new contract with Petronas for one of its semi-submersible rigs, which is being hired for drilling activities off Suriname.

  • Yang Ming to use sustainable biofuel to boost decarbonization efforts

    11 March 2024
    Vessels

    Taiwanese shipping company Yang Ming Marine Transport Corporation has decided to adopt sustainable biofuel into its fleet to respond to the 2050 net-zero emissions goal.

  • World Bank backs Guyana’s oil and gas policy framework with $20 million credit

    11 April 2019

    The World Bank has approved a $20 million credit from the International Development Association (IDA) to strengthen institutions, laws, and regulations to promote good governance and a prudent management of Guyana’s oil and gas sector.

  • Port of Vancouver hosts Canada’s ‘inaugural’ LNG bunkering for a boxship

    14 March 2025
    Collaboration, Ports & Logistics, Vessels

    Seaspan Energy, a Canada-based shipowner, has conducted what is hailed as the country’s ‘first’ ship-to-ship (STS) liquefied natural gas (LNG) bunkering operation for a container vessel at the Port of Vancouver. The operation was reportedly performed in English Bay on March 9, 2025, by the 7,600 cbm Seaspan Garibaldi, one of three LNG bunkering vessels […]

  • CMA CGM awards $2.6B contract for LNG dual-fuel boxships to Chinese shipyard

    5 March 2025
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Vessels

    CMA CGM is further expanding its LNG-fueled fleet with a new order worth nearly $2.6 billion for twelve dual-fuel LNG containerships to be built in China.

  • China building 62% of new ships ordered globally in spite of looming US tariffs

    12 March 2025
    Authorities & Government, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Vessels

    China has cemented its position as the world’s top shipbuilding nation as it secured orders for 3,454 out of a total of 5,735 vessels in the current global orderbook.

  • Valaris secures $285 million in revenue backlog with new rig contracts

    26 November 2019
    Business & Finance, Exploration & Production

    Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico. 

  • ‘Material’ portfolio expansion on Seascape’s 2025 agenda after Malaysian block farmout

    18 March 2025
    Business Developments & Projects

    Seascape Energy, an E&P company focused on Southeast Asia, has completed the sale of its participating interest in a production sharing contract (PSC) offshore Malaysia to Japan’s Inpex Corporation.

  • Guyana to see record number of wells in 2021, Rystad says

    15 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    Norwegian energy intelligence firm Rystad Energy expects the exploration activity in Guyana to speed up, with a record number of wells set for 2021.

  • HD KSOE wins $312M shipbuilding contract for ethane carrier duo

    5 March 2025
    Vessels

    South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has bagged a KRW 458.8 billion (around $312 million) order from an undisclosed Asian shipping company to construct two very large ethane carriers (VLECs). It is understood that the two ethane carriers are set to be built at the HD Hyundai Heavy Industries’ […]

  • Restart hold-up ratchets up UK oil & gas firm’s ‘frustrations’ with North Sea FPSO’s performance

    19 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Serica Energy has disclosed a delay in resuming production from its assets in the North Sea, as more time is needed to fix the issue hampering a floating production, storage, and offloading (FPSO) vessel’s performance on the UK Continental Shelf (UKCS).

  • Equipment difficulties force GulfSlope to stop drilling at Tau prospect

    14 May 2019
    Exploration & Production

    GulfSlope Energy has decided to abandon its well at the Tau Prospect, located in the U.S. Gulf of Mexico.

  • Titan delivers bio-LNG to MOL’s vehicle carrier under new deal

    17 March 2025
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Operations & Maintenance, Vessels

    Dutch marine fuels supplier Titan and Japanese shipping company Mitsui O.S.K. Lines (MOL) have completed the first bio-LNG and LNG bunkering operation under a new multi-delivery contract for MOL’s vehicle carrier fleet.

  • Crown LNG expanding gas market horizons across India thanks to deal with local trading player

    18 February 2025
    Business & Finance, Business Developments & Projects

    Crown LNG has joined forces with India Gas Exchange (IGX) to work together on LNG sales to pipeline customers downstream from the firm’s planned LNG import terminal in Kakinada, India.

  • Royal Caribbean becomes latest player in maritime methane abatement initiative

    10 March 2025
    Collaboration, Outlook & Strategy

    Florida-based cruise holding company Royal Caribbean Group has become the latest member of Methane Abatement in Maritime Innovation Initiative (MAMII), a cross-sectoral effort aimed at eliminating methane emissions in shipping. Royal Caribbean was added to MAMII’s roster in the early days of March 2025, bringing the total number of companies from the maritime transportation and […]

  • Big plans for Moroccan port sector as MSC invests in new terminal

    20 February 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    Following its French counterpart CMA CGM, Swiss shipping and logistics giant MSC has also decided to invest in the development of a container terminal at Nador West Med port in Morocco.

  • Shipping colossals deepen ties with India amid growing maritime ambitions

    19 February 2025
    Authorities & Government, Business Developments & Projects

    French container shipping heavyweight CMA CGM, along with Denmark’s A.P. Moller–Maersk and Switzerland’s Mediterranean Shipping Company (MSC), is strengthening its foothold in India as the country endeavors to become a “global maritime hub”. As disclosed, during his state visit to France in mid-February 2025, Indian Prime Minister Narendra Modi along with French President Emmanuel Macron […]

  • Canada: Pacific Rubiales 2Q Net Earnings Up

    9 August 2012

    Pacific Rubiales Energy released its unaudited consolidated financial results for the quarter ended June 30, 2012. Second Quarter 2012 Highlights EBITDA increased to a record $560 million ($1,098 million for the first six months, an increase of 19% compared to the same period in 2011), driven by production growth and higher netbacks. Net Earnings of […]

  • Fortune Oil Updates on Shareholding in China Gas

    16 April 2013

    Fortune Oil announced the following development regarding its shareholding in China Gas Holdings Ltd (CGH) which is held through China Gas Group Limited (CGG), a joint venture company between the Company and Mr Liu Minghui. As detailed in the Company’s announcement on 17 February 2012, CGG entered into an arrangement with a private company (Fortune Max) […]

  • WinGD confirms 30% methane reduction potential in VCR-equipped X-DF engines

    10 March 2025
    Equipment, Research & Development, Technology

    Swiss marine power company WinGD has validated the performance of its viable compression ratio (VCR) technology in recent shop tests, confirming that new X-DF engines fitted with VCR can achieve methane reductions comparable to high-pressure dual-fuel systems. As informed, the VCR shop tests were wrapped up at Japan-based Mitsui E&S DU’s (MESDU) facilities, where the […]

  • 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” […]

  • AD Ports, CMA CGM to develop, operate multipurpose terminal in Congo

    7 February 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    The UAE-based terminal operator AD Ports Group has signed a shareholders’ agreement with French shipping and logistics major CMA CGM Group, through its subsidiary CMA Terminals, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville.

  • UK oil & gas duo mulling over potential merger

    7 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion.

  • CMA CGM Wraps Up Compulsory Acquisition of NOL Shares

    5 September 2016
    Business & Finance

    French container shipping giant CMA CGM has completed the exercise of its rights of compulsory acquisition of all the Neptune Orient Lines Limited (NOL) shares held by NOL shareholders. Namely, the company bought the remaining shares owned by NOL shareholders who had not accepted the all-cash voluntary conditional general offer, at a price per share […]

  • CMA CGM Enters Total NOL Takeover Mode

    18 July 2016
    Business & Finance

    French container carrier CMA CGM S.A. has reported that its all-cash voluntary unconditional general offer for Neptune Orient Lines Limited (NOL) closed on July 18, 2016, with CMA CGM now owning approximately 97.83% of NOL’s share capital. With the public float of NOL shares below the minimum threshold of 10%, the Singapore Exchange Securities Trading Limited (SGX-ST) […]