5793 results found for 'cosl statoil'

5793 results found for 'cosl statoil'
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  • Profitable first quarter for Ocean Rig

    12 May 2015

    Ocean Rig UDW, an offshore drilling company owned by the Greek shipping magnate George Economou, has reported its first quarter net profit was $41.4 million. This means the company has returned to 1Q profit, as the same quarter in 2014, Ocean Rig UDW reported a net loss of $1.5 million. Revenues from drilling contracts increased […]

  • Carnival wants to resume cruising in August

    5 May 2020
    Vessels

    Cruise shipping giant Carnival Corporation has revealed plans to resume sailing at the beginning of August. The phase-in sailings would be introduced in the company’s North America service with a total of eight ships from Miami, Port Canaveral, and Galveston. The ships in question involve Carnival Dream, Carnival Freedom and Carnival Vista sailing from the […]

  • Swift Officers Discuss Combating Piracy with Tanzanian Counterparts

    29 June 2012

    High Speed Vessel Swift’s (HSV 2) civilian master and military detachment officer in charge discussed combating piracy and continued cooperation efforts during an office call with Tanzanian naval leadership June 26. The office call was part of Swift’s planned 12-day port visit to Tanzania for Africa Partnership Station (APS) East 2012. Swift’s civilian master, Capt. […]

  • LR: Fuel quality continues to be ‘critical issue’ for shipping industry

    10 October 2024
    Market Outlooks, Outlook & Strategy

    Ongoing concerns around fuel quality are still a critical factor and significant expense for the maritime industry, class society Lloyd’s Register (LR) said in a new report.

  • Sembcorp Marine acquires SSP Offshore

    10 September 2014
    Business & Finance, Equipment

    The key assets of SSP Offshore include its flagship SSP Floater technology – the next-generation circular hull form – and the company’s entire portfolio of proprietary SSP® (Satellite Services Platform) solutions, including the SSP Driller for deepwater drilling, the SSP Plus FPSO for production and storage, and the SSP Hub for logistic hub applications.

  • SBM Offshore, Repsol set to split Yme insurance cash

    11 August 2017

    SBM Offshore has executed a settlement contract with an extended group of primary layer insurers for the Yme platform that was recently removed from the Norwegian sector of the North Sea amid structural stability concerns. The execution follows SBM’s announcement in July, regarding the reaching of Heads of Terms related to the settlement of SBM’s claims […]

  • OPEC keeps output ceiling at 30 million barrels per day

    5 June 2015

    The 167th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Friday, 5th June 2015, where it was decided the oil production of the member countries would be kept at 30 million barrels per day ceiling. “Member Countries, in agreeing to this decision, confirmed their […]

  • Malaysia: MISC Profit Down

    28 November 2012

    MISC of Malaysia, an LNG tanker operator-owner, announced its financial results for the third quarter ended 30 September. Amidst a challenging shipping environment, MISC Group recorded operating profit of RM1.2 billion and pre-tax profit of RM863.6 million for the nine months ended 30 September from its continuing operations. Liner related business operations have been treated […]

  • McDermott files for Chapter 11 bankruptcy to erase $4.6 bln debt

    21 January 2020

    Energy industry contractor McDermott International has filed for Chapter 11 bankruptcy as it looks to eliminate over $4.6 billion of debt. 

  • Sembcorp Sets Sights on Next-Generation SSP Floaters

    11 September 2014
    Business & Finance

    Sembcorp Marine’s wholly-owned subsidiary Jurong Shipyard Pte Ltd has signed a sales and purchase agreement with SSP Offshore to acquire substantially all its business assets for US$21 million. SSP Offshore is a Houston-based company that specialises in the design, engineering and delivery of innovative floating production and drilling solutions for the oil and gas industry. […]

  • Warming Oceans Reshaping Fishermen’s Catch

    24 September 2014

    For the first time, scientists have shown that ocean warming has had a global impact on the mix of species caught by fishermen, The Pew Charitable Trusts reports. Previous studies indicated that some species are shifting location in response to temperature increases, with fish gradually moving away from the equator into cooler waters. However, research published […]

  • United States Navy Orders 16 Digital Fuel Control Kits from GE Marine

    11 October 2011

    GE Marine reports that the United States Navy has ordered an additional 16 Digital Fuel Control (DFC) kits for LM2500 marine aeroderivative gas turbines. The DFC kits provide for lower maintenance costs, increased reliability and better system response. The 16 LM2500 to be retrofitted power the U.S. Navy’s CG-47 Ticonderoga-class cruisers and DDG-51 Arleigh Burke-class […]

  • Vaalco restores production from Gabon well

    20 June 2018

    Vaalco Energy has completed the workover operations on the Avouma 2H well located offshore Gabon and replaced the Electrical Submersible Pump (ESP) system. 

  • Rolls-Royce to maintain Siem Offshore AHTS deck machinery

    9 May 2018
    Business & Finance

    Rolls-Royce has signed a long-term service agreement with offshore vessel owner Siem Offshore for the maintenance of its deck machinery installations aboard 12 anchor handling vessels.

  • RenewableUK: Tax Freeze on Carbon Emissions “Missed Opportunity”

    20 March 2014

    The trade association representing the wind, wave and tidal energy industries, RenewableUK, has expressed disappointment at the Chancellor’s announcement that he will freeze a tax on carbon emissions created by fossil fuels – the Carbon Price Support – at its 2016/17 level for the rest of the decade. The Chancellor claimed that investment in new […]

  • UK: Seaspeed Marine Tests Wind Farm Support Vessel Models for South Boats

    8 March 2012
    Business & Finance

    A series of free-running models of fast wind-farm support vessel designs have recently been tested by Seaspeed Marine Consulting for South Boats in order to develop the most appropriate hull forms for their next generation of vessels. Models of different hull designs, instrumented for performance measurement, were outfitted for self propulsion and run at sea […]

  • Austal Launches Wind Express Series (Australia)

    15 June 2010
    Research & Development, Technology

    Austal has unveiled its new range of high speed transfer vessels specifically designed for the burgeoning offshore wind farm industry. The company’s Wind Express series of vessels combine fuel efficiency with advanced sea keeping characteristics to deliver a premier transportation solution for offshore wind farm operators. By utilising Austal’s world renowned advanced hull design and […]

  • Santos sees ‘better than expected’ well flow rates offshore Indonesia

    28 June 2016
    Project & Tenders

    Australian oil and gas company Santos has conducted a successful Drill Stem Test (DST) on the G Sand reservoir at the AAL-4XST1 appraisal well, in the Natuna Sea offshore Indonesia. The company achieved an averaged stabilized flow rate of 828 barrels/day (bopd) on a 64/64 inch choke over a 9 hour period. AWE and Santos hold […]

  • Byron to recomplete SM 71 well in last week of September

    19 September 2018
    Project & Tenders

    Byron Energy will recomplete the F2 well on its Gulf of Mexico South Marsh Island Block 71 (SM 71) project in the last week of September.

  • Australia: Lowrie Constructions Wins Multi-Million Telecom Rooms Contract for PNG LNG Project

    23 December 2010
    Project & Tenders

    An Australian company has beaten off stiff overseas competition to win a multi-million dollar contract to supply specialist telecommunications rooms along the route of the inland pipeline for Papua New Guinea’s US$15 billion liquefied natural gas project. Perth-based Lowrie Constructions Limited will supply at least three separate telecommunications facilities in remote areas of the pipeline […]

  • Singapore: Keppel Secures USD 245 Million Jackup Rig Contract from Ensco

    7 October 2011
    Business & Finance

      Keppel FELS Limited (Keppel FELS) has secured a contract to build an enhanced KFELS Super A Class harsh environment jackup rig from Ensco plc for US$245 million. The rig is scheduled for delivery in 3Q 2014. This contract arose from the exercise of an option which was part of Ensco’s order of two KFELS […]

  • Highlights of the Year 2017

    2 January 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News has singled out the most interesting article from each month of 2017 that highlighted the subsea industry. In the Q1 2017, we saw the largest merger in the industry between Technip and FMC Technologies. Emas Chiyoda Subsea went bust and ABB sold its subsea cable business to NKT. January: TechnipFMC Marks Its […]

  • This Year’s TOC CSC to Focus Big Ships and Alliances

    30 May 2014
    Business & Finance

    The advent of ultra-large container carriers and mega-alliances among liner shipping companies will be dominant talking points at this year’s TOC CSC Europe conference, taking place 24-26 June at London’s ExCel Centre under the headline theme “Making Sense of Scale”. Two of the senior industry analysts speaking on this topic are Martin Dixon, Director and […]

  • Schaeffler: Greater Reliability with Wind Power Standard (Germany)

    21 September 2012
    Technology

    Schaeffler has introduced a new Wind Power Standard (WPOS) for its INA and FAG brand bearings for wind power applications, which fulfills the increasing demands in terms of reliability placed on wind turbines and components in the wind power sector. This new standard for products and processes means Schaeffler is ensuring outstanding quality and reliability […]

  • HD Hyundai launches next-gen smart ship solution to enhance vessel efficiency

    14 October 2024
    Technology

    South Korean heavyweight HD Hyundai has unveiled new next-generation smart ship solution to support the efficiency of the vessels.