10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • In focus: Governments around the globe embracing renewable energy revolution

    22 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders, Transition, Vessels

    The week behind us saw many nations exploring renewable energy opportunities to cope with the global energy crisis.

  • Premier Sells ETS Pipeline Stake to CATS Management

    11 December 2017
    Business & Finance, Operations & Maintenance

    Premier Oil has entered into a sale and purchase agreement to sell its entire equity interest in the Esmond Transportation System (ETS) pipeline to CATS Management (an Antin Infrastructure Partners portfolio company). Under the agreement, Premier will receive cash consideration of up to £23.6 million ($31.6 million) for its entire 30 per cent interest in […]

  • OMM Sells MSOP to Atlas (UK)

    22 August 2012
    Business & Finance

    Offshore Marine Management Limited (OMM) has today announced that it is to sell the assets of its recently-rebranded personnel supply business, Main Source Offshore People Limited (MSOP) to Atlas Services Group Energy Limited (Atlas). The acquisition will see the transfer of assets including contracts and staff. Atlas Services Group Energy has been operating in the […]

  • HMM Gets a Breather from Creditors

    29 March 2016
    Business & Finance

    Cash-strapped shipping company Hyundai Merchant Marine (HMM) has managed to secure some breathing space from its creditors who agreed to a three-month maturity extension on the company’s debts. Specifically, HMM’s creditors’ council, led by the Korea Development Bank (KDB) gave a green light to the extension of the company’s debt maturity from March 29 to […]

  • UK: BP Plans to Sell Global LPG Business

    7 February 2012

    BP said today that it intends to sell its LPG bottles and tank filling operations in Portugal, UK, Austria, Poland, Netherlands, Belgium, Turkey, China and South Africa, as well as its non refinery-integrated wholesale business. Also included in the sale are LPG storage terminals, bottle filling plants, customer lists, operating licences and logistics assets. The […]

  • Deloitte: Infrastructure deals brewing in UK North Sea

    8 June 2016

    The North Sea will see a rise in infrastructure deals this year, with private equity funds playing an increasing role in midstream assets, according to business advisory firm Deloitte. Against the backdrop of a low oil price, more oil and gas companies are looking to rationalize their portfolios and divest non-core assets in the UK […]

  • Namibia: Afri-Can Signs Contract with IMDH to Start Geophysical Survey

    23 April 2012

      Afri-Can Marine Minerals Corporation has reached agreement with International Mining and Dredging Holding Ltd to start a geophysical survey on Exclusive Prospecting Licence 3403 marine diamond concession in Namibia on or about April 28, 2012. Afri-Can has chartered the vessel SP Star from IMDH to carry out a geophysical survey that will cover a […]

  • Vietnam claims China’s rig drilling in disputed waters. China denies wrongdoing

    20 January 2016
    Exploration & Production

    Vietnam’s Ministry of Foreign Affairs (MOFA) has warned China to withdraw its drilling rig from the disputed sector of the South China Sea. China quickly responded that the rig was not located in the disputed waters and urged Vietnam to meet it half way in resolving the issue.  MOFA has been tracking the movement of the […]

  • CGG releases processed data from Gulf of Mexico survey

    18 June 2014
    Equipment

    CGG announced today the release of the Fast TraxTM processed data from its Deux multi-client survey covering 357 blocks in the Gulf of Mexico. The Fast Trax seismic images have been delivered on schedule less than seven months after completion of the survey. Deux is the second of a three-survey multi-client program that CGG is […]

  • CGG Presents Deux Survey Results in Gulf of Mexico

    18 June 2014
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    CGG has released the Fast Trax processed data from its Deux multi-client survey covering 357 blocks in the Gulf of Mexico. The Fast Trax seismic images have been delivered on schedule less than seven months after completion of the survey. Deux is the second of a three-survey multi-client program that CGG is conducting in the Garden […]

  • Azerbaijan: RDS Bags Contract for AIOC Chirag Oil Project Execute Phase

    27 July 2010
    Business & Finance

    RDS, the world’s leading specialist designer of drilling facilities, has been awarded the contract for the Chirag Oil Project (COP) “Execute” phase by the Azerbaijan International Operating Company (AIOC), operated by BP. Following project sanction, RDS will perform the COP “Execute” phase including detail design, follow-on engineering and construction & commissioning support. The project is […]

  • Jiangnan Shipbuilding unveils smart sail design

    25 August 2022
    Green Marine, Innovation

    Chinese shipbuilder Jiangnan Shipbuilding has launched an in-house design of a smart sail, a wind-assisted propulsion system. Named the Jiangnan Smart Sail, the technology behind the system is based on a high-performance computing platform that evaluates the aerodynamic characteristics of sails and selects airfoil parameters. The system is autonomous and remotely controllable, and it can save […]

  • Valaris picks up multimillion-dollar gig for warm stacked drillship

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

    Valaris has won a long-term assignment for one of its floaters with an undisclosed oil and gas company in West Africa.

  • EU approves ExxonMobil-Vår Energi $4.5B Norway transaction

    21 November 2019
    Business & Finance

    ExxonMobil’s sale of assets in Norway to Var Energi has received approval from the European Commission under the EU Merger Regulation.

  • PGNiG secures cash to pay for new North Sea assets

    13 August 2015
    Project & Tenders

    PGNiG Upstream International AS (PUI), a subsidiary of PGNiG SA, executed a $400 million credit facility agreement with eight banks. The company said that the primary use of proceeds from the facility will be early payment of some of its outstanding debt, including the entire debt contracted to finance acquisition of assets from Total E&P Norge in 2014. […]

  • Schlumberger, Statoil sign drilling services agreement.

    8 August 2014
    Business & Finance, Equipment

    Schlumberger Norway has been awarded a contract with Statoil to provide integrated drilling services for the Norwegian continental shelf licenses Gullfaks, Gullfaks Satellites, Snorre, Statfjord , Tordis/Vigdis, Visund. The agreement also covers exploration drilling on the Norwegian continental shelf (NCS). Taking effect on 1 September 2014 the contract has a value of NOK 1.15 billion […]

  • New Zealand: Salvage Unit Removed 31 Containers from Stricken Rena

    18 November 2011

    Salvors have removed a further eight containers from the grounded ship Rena but the operation is heavily dependent on good weather, Maritime New Zealand (MNZ) says. MNZ Salvage Unit Manager Kenny Crawford said a total of 31 containers had now been removed from Rena. However, the removal of containers had paused this afternoon due to […]

  • Equinor gets consent to start up Utgard field

    14 August 2019
    Project & Tenders

    The Norwegian Petroleum Directorate has granted its consent to start-up of the Utgard field in the North Sea.

  • Subsea tie-back win for Ocean Installer with Equinor

    18 October 2023
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    Norway’s energy giant Equinor has awarded Ocean Installer with an engineering, procurement, construction and installation (EPCI) contract for the subsea tie-back of the Eirin gas field in Norwegian waters. The scope covers the installation of structures, flexibles, umbilical, seabed rectification, tie-ins, and commissioning, as well as the design, fabrication, and installation of GRP covers and spool. […]

  • Norway: Industry body warns about imbalance between oil revenues & spending

    6 October 2016

    The Norwegian Oil and Gas Association (Norsk Olje & Gass), an industry body and employers’ organization, has warned about a ‘serious’ imbalance between oil revenues and oil spending in Norway. According to the organization, the government’s estimate of oil revenues in the 2017 budget is NOK 138 billion. In order to avoid further decline in […]

  • Aibel’s Owners Evaluate Strategic Alternative for Company (Norway)

    16 November 2011

    The owners of Aibel have during 2011 evaluated strategic alternatives for the company. In the same period, Aibel has continued its strong development with profitable growth in all business areas. Aibel has an all time high order backlog, including recent major contract awards: Frame agreement with ConocoPhillips at the Greater Ekofisk Area, the first contract […]

  • Goldenport Gets Green Light to Sell Its Fleet, Delists Shares

    22 April 2016
    Business & Finance

    Owner and operator of dry bulk and container ships Goldenport Holdings Inc said that its directors have approved the proposed sale of the company’s entire fleet of eight ships to finance debt repayment. The company suspended the servicing of its debt on 22 January 2016 and has been in talks with its lenders to amend the […]

  • Fugro agrees $16M Seabed Geosolutions sale

    30 March 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Vision

    Dutch survey contractor Fugro has reached a binding agreement with PXGEO Seismic Services to sell certain assets and the related business of its non-core subsidiary Seabed Geosolutions for $16 million in cash.

  • European Offshore Wind Developers Demand a Higher EU 2030 Renewables Target

    8 November 2017

    A group of leading European offshore wind developers have signed a declaration to call upon European policy makers to endorse an EU-wide binding target of 35% share of renewables in EU final energy demand by 2030.

  • European Offshore Wind Developers Demand a Higher EU 2030 Renewables Target

    8 November 2017

    A group of leading European offshore wind developers have signed a declaration to call upon European policy makers to endorse an EU-wide binding target of 35% share of renewables in EU final energy demand by 2030.