10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Neptune Sells US Diving Division

    14 February 2012
    Business & Finance

    Australia’s Neptune Marine Services Limited has sold the Company’s US diving business to a US private equity firm who have previously been an investor in this industry. The buyer will purchase the assets of the business for approximately $0.5 million, with the sale not expected to have a material profit impact for Neptune. Neptune has […]

  • U.S. President Obama Sets Target for Federal Agencies: 20% Renewables by 2020

    9 December 2013
    Authorities & Government

    United States President Barack Obama released a presidential memorandum on December 5, in which he guides all federal agencies to pursue a target of generating 20% of energy from renewable sources by 2020. In order to create a clean energy economy that will increase our Nation’s prosperity, promote energy security, combat climate change, protect the […]

  • United Maritime Group Sells US United Bulk Terminal

    11 May 2012
    Business & Finance

    United Maritime Group, LLC (“UMG”), today announced that it has entered into a definitive agreement to sell U.S. United Bulk Terminal, LLC (“UBT”), a wholly owned subsidiary of UMG, to Bulk Handling USA, Inc., an affiliate of Oiltanking Holding Americas, Inc. Located in Davant, La., UBT is the largest dry bulk terminal on the Lower […]

  • McDermott Reports Increase in Revenues

    12 November 2015
    Business & Finance, Operations & Maintenance

    Offshore EPCI player, McDermott, has reported third quarter 2015 revenues of $805.9 million, an increase of $391.3 million, compared to revenues of $414.6 million for the prior-year third quarter. Revenues for the third quarter of 2015 were positively impacted by strong revenue recognition at the INPEX Ichthys project, three Middle East projects, the Brunei Shell […]

  • 7 new members join methane busting initiative

    16 March 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Research & Development, Transition, Vessels

    Seven new members have joined the Methane Abatement in Maritime Innovation Initiative (MAMII), launched in September 2022. New members of the Methane Abatement in Maritime Innovation Initiative (MAMII) include CoolCo, United Overseas Management, Capital Gas, Celsius Tankers, Global Meridian Holdings, Mitsui O.S.K. Lines, and TMS Cardiff Gas. The new members were announced at Lloyd’s Register […]

  • As first gas flows from Malaysian project, Hess tucks ‘major milestone’ under its belt

    26 September 2022
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Hess has achieved the first gas from Phase 3 project located in Block PM302, 290 kilometres offshore Peninsular Malaysia.

  • Air Products to Supply Nitrogen Gensets for Ichthys LNG Project

    14 May 2013

    Air Products has signed an important supply agreement with leading shipyards Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME). The contract covers delivery of nitrogen generator sets for use on the large-scale Australian offshore Ichtys LNG Project, and confirms Air Products’ position as a world leader in the liquefied natural gas […]

  • WATCH: ‘Mighty’ newbuild FPSO eating up the miles toward oil project to embark on its 30-year job

    26 August 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor is looking forward to the arrival of a new floating production, storage, and offloading (FPSO) vessel at its oil project in the Barents Sea, where the FPSO unit will start its three-decade assignment off the coast of Norway. 

  • Dolphin: Multiple New Contracts Provide Excellent Business Platform for the Year Ahead (Norway)

    7 March 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Full-service marine geophysical company Dolphin Geophysical is announcing a raft of recent contract wins, cementing its blossoming reputation as one of the new market leaders in the seismic arena. The fast growing business, which only began operations in 2011, has quickly established itself as a top five major player in its sector, with a cutting […]

  • Silverstream Technologies finalising deals to supply 15 more ships with its micro-bubbles system

    15 June 2020
    Business & Finance, Technology

    London-based firm Silverstream Technologies is in the final stages of securing deals to supply an additional 15 ships with its micro-bubbles system that cuts fuel consumption. The Silverstream® System, a type of Air Lubrication System (ALS), pumps tiny bubbles through vents on the hull to reduce friction between the vessel and the water, helping it […]

  • Nova Scotia allocates $12M for offshore geoscience research

    14 May 2014

    Nova Scotia yesterday welcomed BP Exploration Canada’s fleet of 10 exploration vessels to kick off one of the largest seismic programs in the world.

  • No name change for ‘Pieter Schelte’

    4 February 2015

    UK’s maritime workers union yesterday slammed a decision by Shell to hire the Allseas’ ‘Pieter Schelte’ vessel for the Brent field decommissioning project. The vessel was named after the late father of Edward Heerema, the owner of Allseas. The unions are outraged by the fact that the vessel bears the name of the late Pieter […]

  • Air Products Lands Prelude FLNG Contract (Australia)

    30 June 2011
    Equipment, Project & Tenders

    Air Products, the leader in providing liquefied natural gas (LNG) technology and equipment to the world, today announced it has been selected to supply its proprietary cryogenic coil wound LNG heat exchanger for the world’s first Floating LNG (FLNG) facility to be located in the Browse Basin off the northwest coast of Western Australia. In […]

  • USA: Henry Hub price up, Sabine Pass exports cargo

    14 October 2016

    Natural gas spot prices in the United States increased almost everywhere in the week ending October 12 with the Henry Hub price rising 31¢ from last Wednesday, according to the weekly report by the Energy Information Administration. “Despite the high levels of natural gas storage stocks, prices seem to be elevated on increasing demand, which may […]

  • Sapura bags over $457 million in new deals

    10 February 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Sapura Energy subsidiaries and joint venture have been awarded contracts and contract extension with a combined value of about $457.5 million.

  • Oil & gas boom and rig shortage fuel Shelf Drilling CEO’s hopes of multi-year upcycle for jack-ups

    20 March 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    With the oil and gas sector in high demand, Shelf Drilling is envisioning further offshore drilling market improvements, especially within the jack-up segment.  

  • Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says

    25 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Operations & Maintenance, Outlook & Strategy

    With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.

  • Neptune finds hydrocarbons in North Sea well

    21 March 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Neptune Energy and its partners have encountered hydrocarbons at the Hamlet exploration well in the Norwegian sector of the North Sea.

  • TGS ‘declares’ Gulf of Mexico survey

    9 October 2014
    Project & Tenders

    TGS, a Norway-based seismic survey specialist, announces the expansion of its Constitution group of WAZ 3D projects with the start of the Declaration survey.

  • New offshore blocks for Tap Oil (Australia)

    9 March 2015

    Australia’s Tap Oil has been awarded 100% of Blocks W14-7 and W14-16 in the prospective Barrow and Dampier sub-basins on the North West Shelf offered under the 2014 Offshore Petroleum Exploration Acreage Release. W14-07, now Petroleum Exploration Permit WA-515-P, is located on the Rankin Platform in water depths ranging from less than 100 metres to […]

  • Cairn Buys Stake in Premier Oil’s Norwegian Blocks

    20 August 2013
    Business & Finance

    Premier Oil has executed a sale and purchase agreement to sell its 20 per cent equity interest in PL378 and PL378B to Capricorn Norge, a wholly-owned subsidiary of Cairn Energy plc, for an upfront cash consideration of $16 million. PL378 and PL378B are located in the Norwegian North Sea and contain the Grosbeak discovery and […]

  • CMES, Vale Shake Hands on Iron Ore Transport Deal

    21 March 2016
    Business & Finance

    China Merchants Energy Shipping’s (CMES) subsidiary, Hong Kong Ming Wah Shipping, has signed a deal to transport iron ore for the Brazilian mining company Vale for a period of up to 27 years. The contract was signed by President of CMES, Xie Chunlin, and Vale’s Executive Manager for Shipping and Marketing Iron Ore, Luiz Meriz, in Beijing on March 21. The deal is […]

  • MOL Chemical Tankers to Buy All Shares of Nordic Tankers from Triton

    8 January 2019
    Business & Finance

    MOL Chemical Tankers agreed to buy 100% of shares in Danish chemical tanker company Nordic Tankers.

  • Chariot gains operatorship of Mohammedia permits offshore Morocco

    16 June 2016

    Chariot Oil & Gas has been awarded a 75% interest and operatorship of the Mohammedia Offshore Exploration Permits I – III, Morocco in partnership with the Office National des Hydrocarbures et des Mines (ONHYM). Chariot also said on Thursday it has chosen not to enter into the First Renewal Phase of the C-19 licence offshore Mauritania, after […]

  • Petroleum Sector Brings USD 56.8 Billion to Norway

    13 May 2011
    Business & Finance

      In the Revised National Budget, the net cash flow from the petroleum sector in 2011 is estimated to NOK 311 billion (app. USD 56.8 Billion). This is an increase of NOK 23 billion (USD 4.2 Billion) from the National Budget 2011. – The petroleum industry is Norway’s largest and most important industry. A high […]