10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • TGS Enters Commercial Agreement to Sell Fugro’s 2D Multi-Client Library

    18 March 2013
    Business & Finance, Operations & Maintenance, Project & Tenders

    TGS-NOPEC Geophysical Company ASA (“TGS”) announces a commercial agreement to sell Fugro’s 2D multi-client library. As a result of this agreement, Fugro provides TGS with an exclusive right to licence and market the majority of Fugro’s multi-client 2D library and receive commission fees on the sales of this data. The agreement covers more than 1,000,000 […]

  • Klaveness Sells Final Newbuilt Kamsarmax Bulker

    27 October 2016
    Business & Finance

    Norwegian shipping company Torvald Klaveness has sold its final newbuilt Kamsarmax vessel MV Bavang to Asian interests, according to the company. The 82,000 dwt bulk carrier, which was delivered in February this year from China’s Yangzijiang Shipbuilding (YZJ), was one out of an eight order deal made in 2013 and 2014. “The vessel was a non-core investment […]

  • Talisman Slashes 2013 Budget. Puts Focus on Americas and Asia-Pacific

    6 March 2013
    Business & Finance

    Canada’s Talisman Energy today announced it will slash its capital expenditure for 2013 by 25% compared to 2012. The capital budget for this year has been set at $3 billion. “The objective of our 2013 capital and operating plan is to increase total shareholder returns by unlocking net asset value and growing cash flow per […]

  • Kogas of South Korea Aims to Slash Debt Through Asset Sales

    11 March 2014

    Kogas of South Korea, the world’s largest corporate buyer of LNG, is reportedly planning to cut 10.5 trillion won (US$9.9 billion) in debt by 2017 through asset sales and the reorganization of business operations. Kogas aims to sell its 47 percent stake in an Iraqi gas well, worth some 370 billion won, with smaller foreign […]

  • Norwegian Petroleum Industry Makes NOK 344 Bln

    15 October 2013
    Business & Finance

    In the National Budget 2014, the Norwegian State’s net cash flow from the petroleum industry is estimated at almost NOK 344 billion in 2013. Taxes account for NOK 207 billion of this amount, while the State’s Direct Financial Interest (SDØE) contributes approximately NOK 123 billion. The remainder, NOK 14 billion, is dividends from Statoil. The […]

  • UK: Swire Oilfield Services Welcomes New Members

    18 September 2012
    Business & Finance

    Swire Oilfield Services (Swire), the leading global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management has appointed two new members to its executive team. Richard Sell joins as chief operating officer (COO) and Peter Ellington as chief technical officer (CTO). Based at the company’s headquarters in Aberdeen, Mr Sell has […]

  • Plexus CEO Announces Excellent Results (USA)

    27 March 2013
    Business & Finance

    Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering announces its interim results for the six months to 31 December 2012. The Company reported a 21% increase in sales revenue to £11.3m (2011: £9.3m); a 12% increase in EBITDA to £3.4m […]

  • GE Receives Exclusive Rights to Sell Sharewell’s EM Technology (USA)

    29 January 2013
    Equipment

    GE Oil & Gas and Sharewell Energy Services, a Houston-based supplier of directional drilling solutions for the oil and gas industry, have signed an agreement that gives GE exclusive worldwide rights to sell Sharewell’s proprietary electromagnetic telemetry (EM) technology. The agreement was announced yesterday, January 28, at the GE Oil & Gas Annual Meeting in […]

  • EQT Infrastructure Sells Koole Terminals

    17 November 2015
    Business & Finance

    Sweden’s EQT Infrastructure Limited has made a move to sell its Dutch storage company Koole Terminals to institutional investors advised by J.P. Morgan Asset Management – Global Real Assets, a deal valued at over EUR 1 billion. Since the initial acquisition by EQT Infrastructure in February 2011, Koole Terminals storage capacity has more than tripled to 2 million […]

  • Four oil & gas giants ink deal for Brazilian offshore exploration block

    1 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Four oil and gas players have signed a production sharing contract (PSC) for an exploration block located offshore Brazil.

  • Hydrex Provides Underwater Hull Repairs in Belgium and Uruguay

    1 October 2012
    Business & Finance, Equipment, Operations & Maintenance

    Recently Hydrex teams of diver/technicians mobilized to a 164-meter roro vessel berthed in Antwerp, Belgium and a 235-meter bulker at anchor in Punta Del Este, Uruguay to perform underwater hull repairs. Despite the smaller scale of these operations they are nonetheless vital for shipowners if they want to avoid unscheduled drydock visits for their vessels. […]

  • COSL Innovator: Learning from the accident, making sure it never happens again

    17 October 2016
    Exploration & Production

    October 17, 2016 – Waves are like snowflakes, and no two snowflakes are alike…

  • Norway sees ‘considerable potential’ for further oil & gas exploration in Barents Sea

    1 May 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    The Norwegian government believes that the Barents Sea contains more undiscovered hydrocarbons, thus, more exploration is encouraged.

  • Quadrant sees delay in Roc-2 drilling

    3 August 2016
    Exploration & Production, Project & Tenders

    Quadrant Energy has experienced a delay while drilling the Roc-2 appraisal well offshore Australia due to a mechanical issue with the drilling rig.  The Roc-2 well is located within the WA-437-P exploration permit in the North West Shelf of Australia. The equity interest holders are Quadrant Energy as the operator with 80% interest and Carnarvon Petroleum […]

  • Nautronix Launches NASDive – New Standard in Diver Communications

    4 February 2014
    Business & Finance, Equipment

    In a deep sea environment, the consequences of poor communication can be life-threatening. Technical divers working in the offshore oil and gas industry need to communicate clearly with the diving bell, vessel and each other as they carry out maintenance and inspections up to several hundred metres water depth. One of the problems faced by […]

  • Royalty exemptions could save the day for U.S. oil and gas operators, Rystad says

    21 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    The Covid-19 pandemic and the price crisis it has brought upon the oil and gas sector have hit the profitability of exploration and production (E&P) companies hard.

  • Teekay Tankers Seals USD 533 Mn Loan, Sells Assets

    29 January 2020
    Business & Finance

    Teekay Tankers has closed a new five-year, USD 533 million revolving credit facility to refinance 31 vessels.

  • Vard: Contract termination for two PSVs

    16 March 2015
    Business & Finance

    Vard Holdings Limited has said it was informed that two affiliates of E.R. Offshore, its client, have filed for insolvency at a local court in Germany. Vard is currently building one Platform Supply Vessel for each of these companies at its shipyard in Vung Tau, Vietnam. It has received a 10% installment for one of the vessels. “On 13 March 2015 the […]

  • Golar LNG to Sell Golar Maria, Bermuda

    31 January 2013
    Vessels

    Golar LNG Limited said that it has entered into an agreement to sell the company that owns and operates the LNG Carrier Golar Maria, together with its time-charter, to Golar LNG Partners for a price of USD215 million. The transaction is subject to the satisfaction of certain closing conditions. Golar LNG said that it expects […]

  • Iran in Negotiations to Sell More Gas

    6 March 2014

    Managing Director of the National Iranian Gas Exports Company (NIGEC) Alireza Kameli has said that Iran is in talks with different countries for selling more gas. “Negotiations for Iran’s gas sale have never been halted and we are currently in talks with many countries,” he said, Iran’s SHANA news agency reported. He said Iran is […]

  • Repsol Sells 10 Pct Stake in Peru LNG Pipeline to Enagas

    3 February 2014
    Project & Tenders

    Repsol said it has reached an agreement with Enagás to sell its 10% stake in the gas pipeline of Transportadora de Gas del Perú (TGP) for approximately 219 million U.S. dollars. TGP is the company responsible for the transportation of natural gas and natural gas liquids from Camisea fields to the Peru LNG liquefaction plant […]

  • Are UK ports ready to accept decommissioned rigs? Not yet, law firm says

    14 November 2016

    Enhanced Government support and following through on Budget promises are needed if UK industry is to cash in on multi-billion-pound decommissioning projects in the North Sea, Pinsent Masons, a UK law firm says. In a statement on Monday, the company said that Scottish ports were also at risk of losing out to European and Scandinavian […]

  • Port of Fujairah to Ban Open-Loop Scrubbers in Its Waters

    23 January 2019
    Rules & Regulation

    The Port of Fujairah has decided to ban the use of open-loop scrubbers in its waters.

  • IMCA to Run Competence and Training Seminar

    14 August 2015
    Business & Finance

    The International Marine Contractors Association (IMCA) will hold a Competence and Training Seminar in Aberdeen on Wednesday September 2, 2015. It is aimed at competence and training (C&T) representatives and their offshore personnel as well as oil company representatives and providers of C&T solutions. Members and other interested parties can attend the full day event […]

  • DeepOcean Names Ex Subsea 7 VP as Its New CEO

    25 April 2018
    Business & Finance

    DeepOcean has appointed former executive vice president of Subsea 7, Øyvind Mikaelsen, as a new chief executive officer of the company. Following the appointment of Mikaelsen, current DeepOcean interim CEO Ottar K. Mæland returns to his responsibilities as COO, the company informed. Terje Askvig, chairman of the board of DeepOcean said: “We are very happy to welcome […]