10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Mozambique Gives Nod for Shell’s Cove Takeover Bid

    10 May 2012
    Business & Finance

    The Government of Mozambique has given its consent to the offer made by Shell to acquire the company and its 8.5 per cent participating interest in Rovuma Offshore Area 1 which would arise on the takeover. Cove said it “received written confirmation from the Government that it consents to the offer for Cove announced by […]

  • Australian player eyeing entry into Namibia’s frontier basin

    18 April 2025
    Business & Finance, Business Developments & Projects

    Australia-headquartered exploration and production company Grand Gulf Energy has entered into a binding option agreement to acquire Wrangel, an applicant for a working interest in a petroleum exploration license (PEL) in the Walvis Basin, offshore Namibia.

  • When Heavyweights Go Traveling Asisto and Bachmann collaborate on Mammoet’s SK6000 crane project.

    7 May 2025
    Business Developments & Projects, Collaboration, Equipment, Heavy lifting, Innovation, Research & Development, Technology

    Mammoet has developed the world’s strongest land-based crane, the SK6000. This impressive construction tool sets new standards in heavy-duty logistics and plays a key role in major projects such as offshore wind farm construction, refinery building, and large energy power plant construction. Asisto, Mammoet’s system integrator for this project, and Bachmann electronic GmbH, a leading […]

  • UK: Shell Tables USD 1.56 bln Bid for Cove

    22 February 2012

    Shell’s subsidiary, Shell Bidco has placed a bid £992.4 million (USD 1.56 billion) to acquire the entire issued and to be issued share capital of UK headquartered Cove Energy. The bid comes one month after the decision announced by Cove to conduct a formal sale process for the company. Shell Bidco is a participant in the […]

  • UK: Cove Encourages Shareholders to Accept Shell’s Takeover Bid

    22 May 2012
    Business & Finance

    Cove Energy, a UK oil and gas company with primary assets in East Africa, yesterday urged its shareholders to accept the $1.8 billion takeover bid from Shell before May 23, the first closing date for the offer from Shell. The board of Cove, having already endorsed the offer, has said it continues to believe that […]

  • Shell Closer to Cove Acquisition. Offers USD 1.8 bln

    24 April 2012

    Shell Bidco, a subsidiary of international supermajor, Shell, has increased its Cove Energy takeover bid. The company has placed a bid of around USD 1.8 billion which is a significant increase when compared to the initial USD 1.56 bln that Shell offered in February. Shell’s February bid was cancelled only two days after having been […]

  • Boost in Gulf of America’s oil & gas ‘treasure trove’ underpins US energy dominance dreams

    14 April 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has unveiled a significant spike in the oil and gas arsenal of reserves in the Gulf of America, formerly the U.S. Gulf of Mexico, which is said to reinforce the nation’s offshore energy dominance aspirations.

  • Contract worth over $1 billion comes to TechnipFMC for Shell’s recently sanctioned deepwater project in Brazil

    26 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Shortly after reporting an integrated engineering, procurement, construction, and installation (iEPCI) contract with Equinor in Norway, TechnipFMC has secured another one, this time with Shell in Brazil, worth over $1 billion. The iEPCI contract has been awarded for Shell’s Gato do Mato greenfield development offshore Brazil, and in addition to integrated execution, the project will […]

  • Shell Offers USD 1.6 Billion for UK-based Cove Energy

    22 February 2012
    Project & Tenders

    Shell Exploration & Production said it has made an offer of £992.4  million ($1.6 billion) for UK-based Cove Energy. The offer follows the decision announced by Cove in January to conduct a formal sale process for the company. Cove has an 8.5 percent stake in the Rovuma Offshore Area 1, in Mozambique, where several gas […]

  • IKM Group to employ up to 70 persons as part of contract for Norway’s PRSI Pool

    31 March 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Project & Tenders

    Norwegian state-owned energy firm Equinor has awarded Sola-based IKM Group with a contract for the provision of services for the Pipeline Repair and Subsea Intervention (PRSI) Pool, with about 50-70 people expected to be employed for the work. The PRSI Pool includes 23 companies covering their offshore pipeline and power cable repair contingency via the […]

  • Shell presents gas & LNG as safe bets but keeps low carbon and renewable tools in play

    26 March 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Shell showcased its investment plans for the future, spotlighting its commitment to oil and gas to unlock longevity, further growth, and attractive returns.

  • MODEC calling the shots for new Guyana-bound FPSO destined for ExxonMobil’s 7th oil & gas project

    21 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ExxonMobil has put Japan’s MODEC in charge of a new floating production, storage, and offloading (FPSO) unit to be deployed on its seventh oil project in the Stabroek block off the coast of Guyana.

  • Equinor’s Norwegian activity across energy and decarbonization realms remaining ‘robust’ up to 2035

    4 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has set its cap on upping its activity ante in Norway within its operated fields, onshore facilities, and exploration and development projects alongside those for renewable and low-carbon solutions, creating further ripple effects like the multibillion-dollar worth of goods and services procured in 2024.

  • Shell’s 1Q Earnings Reach USD 7.7 bln

    26 April 2012
    Business & Finance

    Shell’s first quarter 2012 earnings increased from year-ago levels, through a combination of improved operating performance, increased upstream volumes and strong oil prices.

  • Chevron and TotalEnergies flow first oil & gas from Gulf of America project

    21 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Two oil majors, U.S.-based Chevron and France-headquartered TotalEnergies, have brought online a deepwater oil and natural gas project in the Gulf of America, formerly the U.S. Gulf of Mexico.

  • TPAO signs up for global oil & gas decarbonization initiative

    10 April 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    Türkiye Petrolleri A.O. (TPAO) has become the 56th player to come on board the Oil and Gas Decarbonization Charter (OGDC), which is set on stepping up the worldwide decarbonization game in the oil and gas industry at speed and scale.

  • Shell’s deepwater project offshore Brazil is a go with first Gato do Mato gas due in 2029

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

    Shell has taken a final investment decision (FID) for its deepwater development project in the pre-salt area of the Santos Basin off the coast of Brazil.

  • Shell eyeing Gail’s US LNG volumes

    20 May 2015

    Gail of India has reportedly entered talks with Shell to sell LNG volumes sourced from the company’s sources in the United States.

  • Shell eyeing Gail’s US LNG volumes

    20 May 2015

    Gail of India has reportedly entered talks with Shell to sell LNG volumes sourced from the company’s sources in the United States.

  • First Cove Point cargo heading for Dragon LNG terminal

    19 March 2018
    Ports & Logistics, Vessels

    The first cargo of liquefied natural gas shipped from the Dominion’s Cove Point LNG export facility in Maryland is heading for the shores of the United Kingdom. 

  • Transocean rig in the clear for drilling ops offshore Norway

    16 April 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Equinor has received the go-ahead from the country’s authorities to use one of Transocean’s semi-submersible rigs for drilling operations at a field off the coast of Norway.

  • Exclusive interview: Balancing act between energy security and decarbonization unlocking oil & gas resilience

    9 May 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips with energy security challenges.

  • UK firm raises almost $1.6M to scale dolphin-inspired tidal energy tech (Video)

    17 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Vision

    Porpoise Power, a tidal energy spin-out from the University of Oxford, has exited stealth with a £1.2 million (approximately $1.58M) pre-seed round led by Zero Carbon Capital (ZCC), alongside Creator Fund and Oxford Science Enterprises (OSE).  According to ZCC, the UK startup is developing a bio-inspired tidal stream system designed to operate in a wider […]

  • Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit

    14 May 2025
    Business & Finance, Business Developments & Projects

    Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2025.

  • Kulluk Drilling Unit Runs Aground in Alaska

    2 January 2013

    The Kulluk drilling unit, operated by Shell in Alaska,  grounded on the southeast shoreline of Sitkalidak Island (between the north edge of Ocean Bay and Partition Cove) at approximately 9 p.m. on December 31, 2012. The shoreline of Partition Cove is primarily comprised of mixed sand and gravel beaches. The condition of the Kulluk has […]