10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Putin: Russian Continental Shelf is Our Strategic Reserve for the 21st Century

    13 April 2012
    Business & Finance

    “Shelf deposits, primarily in the Arctic, without any exaggeration, are our strategic reserve for the 21st century. We must utilise it very responsibly and efficiently, complying with the highest standards of environmental protection.”

  • Norwegian Competition Authorities Approve Sale of Reef Subsea

    25 February 2014
    Business & Finance

    The Norwegian Competition Authorities have approved the sale of GC Rieber Shipping’s share in Reef Subsea to HV V Invest Golf AS and HV V Invest Golf II AS. The sale was announced on 28 January, and the agreed purchase price between the parties is NOK 175 million. GC Rieber Shipping decided to sell its […]

  • Australia: Roc South well fails to deliver for Santos

    15 July 2019
    Exploration & Production

    Following last week’s results from the first two targets, which proved to be dry, Australian energy giant Santos has failed to find hydrocarbons at the other two Roc South-1 targets as well.

  • China moves controversial oil rig back towards Vietnam coast

    26 June 2015
    Exploration & Production

    BEIJING (Reuters) – China has moved an oil rig at the centre of last year’s violent dispute with Vietnam closer to Vietnam’s coast in the disputed South China Sea, just weeks ahead of the first visit by a chief of Vietnam’s Communist Party to Washington. The move, announced by China’s maritime safety authorities, comes soon […]

  • Sapura Reports Close to $450M in New Contracts

    21 June 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Sapura Energy said it has scored another nine new contracts valued at approximately 1.8 billion Malaysian ringgits (close to $450 million), bringing the accumulative value in contract wins to-date to 4.5 billion Malaysian ringgits ($1.12 billion) for the Group. The combined value represents a three-fold jump or an increase of nearly 250 per cent compared […]

  • $10 million raised to cover ongoing arbitration costs regarding two cancelled drillships

    3 February 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Northern Drilling has raised $10 million for litigation costs arising from the ongoing arbitration pertaining to cancelled orders for two drillships with the South Korean shipbuilder, Daewoo Shipbuilding & Marine Engineering (DSME).

  • Trelleborg Thermal Insulation and Coating for Shah Deniz 2

    1 March 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Trelleborg’s offshore operation has been awarded its largest single order for thermal insulation and corrosion coating services for phase II of the BP Project, Shah Deniz, contracting directly to BOS Shelf LLC. The contract represents the most significant order Trelleborg’s offshore operation has received for thermal insulation solutions in the last decade, the company said. It […]

  • Standard Drilling disposes of vessel to diversify energy investments

    23 November 2021
    Business & Finance, Business Developments & Projects, Vessels

    Standard Drilling has agreed to sell one of its large-sized PSVs for $10.3 million to increase its capital to pursue diversified investments within the energy sector.

  • NPD: Total recoverable resources up

    3 March 2014
    Business & Finance

    The Norwegian Petroleum Directorate’s resource accounts show that the total recoverable petroleum resources are estimated at 14.2 billion standard cubic metres (Sm3) of oil equivalents (o.e.). New acreage in the southeastern Barents Sea and the shelf around Jan Mayen is included in the resource accounts, which are updated as of 31 December 2013. The main […]

  • Potential delay on the cards for completion of drilling ops at UK North Sea well

    18 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    IOG plc has encountered a challenge that could extend its previous drilling duration timeline for the second Blythe production well.

  • Neptune Energy’s Cara discovery wins innovation prize

    29 May 2018

    Neptune Energy has informed that its Cara discovery in the North Sea offshore Norway, last week in  Oslo won the Exploration Innovation Prize 2018 at Recent Discoveries Conference.

  • 4Subsea eyeing international expansion with new investment by Viking

    7 July 2014
    Business & Finance, Equipment

    Viking Venture has acquired 40% of the shares in 4Subsea AS, which is headquartered in Asker, Norway. 4Subsea specializes in providing monitoring solutions, software and expert services for flexible risers as well as well intervention and wellhead systems. With revenue of NOK 106 million in 2013, the company describes itself as a leader in its […]

  • Porthos CCS project in play for €102M EU funding

    2 October 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Ports & Logistics, Storage, Technology

    The European Commission has proposed awarding 102 million euros in funding to the Porthos project. The Porthos project centres on the capture and storage of CO2 in the North Sea floor. If the European Parliament endorses this proposal, Europe will bear a substantial share of the investment in Porthos, which totals 450 to 500 million […]

  • Low oil price hits $200 billion in mega-projects

    17 June 2015
    Project & Tenders

    Deepwater oil projects and complex gas facilities worth around $200 billion have been cancelled or put on hold worldwide in recent months due to the sharp drop in oil prices over the past year, consultancy Ernst and Young said on Tuesday.

  • Equinor brings online one of the most profitable projects in history

    30 August 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Norwegian energy giant Equinor started production from the Troll phase 3 project in the North Sea off Norway on Friday 27 August.

  • Norway: Statoil Discovers Oil and Condensate in Krafla West Prospect

    28 June 2011
    Business & Finance

    Oil and condensate have been proven by Statoil and its partners, Det Norske Oljeselskap ASA and Svenska Petroleum Exploration AS, in the North Sea’s Krafla West prospect. Located about 26 kilometres south-west of Oseberg South, the discovery well found hydrocarbons in two columns with a total thickness of 300 metres. Preliminary calculations indicate that the […]

  • Dong Helps EU Achieve Their Targets

    6 November 2012
    Business & Finance

    “We need new, binding targets for renewable energy. We need a clear perspective for renewable energy, and the EU countries must make commitments.” This was the clear statement from Günther Oettinger, EU Energy Commissioner, at the reception marking the ground breaking partnership between DONG Energy, GE, Shell, First Solar and Alpine Energie. Günther Oettinger welcomed […]

  • Hess narrows second quarter loss

    31 July 2019
    Business & Finance

    U.S. oil and gas company Hess has decided to trim its full year capex guidance. 

  • Petro Viking Buys Ticket for Namibian Offshore Oil

    20 March 2012
    Business & Finance

    Petro Viking Energy Inc. has entered into a Letter of Intent (“LOI”) with Grisham Assets Corp. (“Grisham”) dated March 19, 2012 to acquire 100% of the issued and outstanding shares in the capital of Grisham. Grisham is a private company incorporated under the laws of the British Virgin Islands whose principal asset is an agreement […]

  • ‘Largest ever’ vessel-based UK North Sea decommissioning campaign wraps up, Mermaid Subsea reports

    12 November 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    Mermaid Subsea Services (UK) has performed what it says is the largest vessel-based UK North Sea decommissioning campaign ever. The project included the plugging and abandonment (P&A) of 21 wells spread across the Northern and Central North Sea over a duration of two years, carried out on behalf of an undisclosed North Sea operator. The […]

  • Van Oord Offshore Wins Award for Best Business Achievement in Brazil

    23 May 2011
    Business & Finance

      The Dutcham Trade Award 2010-2011 is dedicated to Van Oord Offshore for best business achievement in Brazil. The trophy was assigned to the Dutch dredging company for their successful merits in the Brazilian offshore industry. At the ceremony on May 17 in São Paulo the jury of the Brasilian-Dutch Chamber of Commerce was unanimous […]

  • GasLog Names SHI-Built LNG Carrier Duo

    15 March 2019
    Business & Finance

    One of the carriers is a long term charter to Shell.

  • GAC UK Inks Terminal and Marine Services Deal with Valero

    10 January 2017
    Business & Finance

    Shipping and logistics services provider GAC UK has signed a three-year terminal and marine services deal with Valero Logistics UK, a subsidiary of Valero Energy Corporation. Under the agreement, GAC UK will manage and support the discharge of 12-14MT of clean petroleum products each from up to 180 tankers a year at the ports of Cardiff and […]

  • Woodside not threatened by Asian LNG buyers alliance, CEO says

    29 March 2017

    Woodside’s chief executive, Peter Coleman, sees the recent coalition created by major Asian LNG buyers as a sensible move that is no threat to the company.

  • Ascent Resources Sells Dutch Assets to Tulip Oil

    7 August 2013
    Business & Finance, Project & Tenders

    Ascent Resources plc, the AIM listed European oil and gas exploration and production company, today announces that it has agreed to dispose of its full interests in the Netherlands Exploration Licences Terschelling-Noord and M10a & M11 to Tulip Oil Netherlands B.V. for a total cash consideration of up to €450,000, before selling expenses, once the […]