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 […]

  • Equinor and Faroe complete Norwegian asset swap deal

    1 May 2019

    DNO ASA has announced the completion of the asset swap agreement between Equinor and Faroe Petroleum, a wholly- owned subsidiary of DNO, following approval by Norwegian authorities.

  • Santos gearing up to spud second appraisal well at Dorado

    18 July 2019
    Exploration & Production

    Australian oil and gas firm Santos is gearing up to drill the second appraisal well at the Dorado field offshore W. Australia.

  • Drewry: Box Spot Rates Rise amid More Idle Ships, Bunker Surcharges

    12 November 2019
    Business & Finance

    Drewry’s World Container Index swelled by USD 210 in the past two weeks.

  • First oil flows from subsea tie-back to North Sea FPSO months ahead of schedule

    3 September 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Aker BP has kicked off production from an offshore oil field project in the North Sea, which has been tied back to a floating production, storage, and offloading (FPSO) vessel operating off the coast of Norway.

  • Norway: Statoil Increases Recovery Through Light Well Intervention

    15 December 2011
    Business & Finance

    Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation. Statoil awarded Island Offshore a framework agreement earlier this year for light well intervention (LWI) services from their Island Constructor vessel. The new vessel […]

  • Carriers Suspending West Coast Surcharges

    19 November 2014
    Business & Finance

    Seven carriers have decided to  suspend the announced congestion surcharges for cargo moving via U.S. West Coast ports, that was supposed to enter into effect on November 17, 2014. MSC, US Lines, OOCL, CMA CGM, UASC, COSCO and Evergreen Line said that they will suspend the surcharges until further notice. The surcharges were intended to reach […]

  • GE and Göteborg Energi to Install 4.1 MW Offshore Wind Turbine at Gothenburg Harbour (Sweden)

    1 December 2011

    GE  and Göteborg Energi have started installing the first 4.1-113 Offshore Turbine in the Gothenburg harbour, the two companies announced at the European Wind Energy Association’s EWEA Offshore 2011 in Amsterdam. The new turbine will produce enough electricity to supply 3000 Swedish homes per year and reduces 15,000 tons of CO2 emissions, which is equivalent […]

  • Maersk Oil picks John Crane for Culzean topside maintenance strategy

    23 August 2017
    Business & Finance

    John Crane Asset Management Solutions (John Crane AMS) has secured a contract to supply Maersk Oil with data services to support the planned maintenance strategy at the Danish company’s Culzean development in the UK North Sea. John Crane AMS said on Wednesday it would provide data build services as well as establishing a maintenance plan […]

  • 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.

  • API: It is critical for offshore energy exploration & production to move forward

    13 March 2018

    New studies project that offshore energy development will significantly increase U.S. jobs, domestic spending, investments, and state revenues.

  • USA: Cal Dive Announces Third Quarter Results and Company Restructuring

    8 November 2012
    Business & Finance, Operations & Maintenance

    Cal Dive International, Inc. reported third quarter 2012 financial results and implementation of a company restructuring plan that includes cost saving measures and the placing of certain non-core assets up for sale. Third Quarter 2012 Results The Company reported a third quarter 2012 loss of $15.9 million, or $0.17 per diluted share, compared to a […]

  • Statoil Recommends New Platform Solution to Maximise Snorre Production

    28 October 2013
    Business & Finance, Equipment

    Statoil recommends building a new drilling and processing platform on the Snorre field in the North Sea to extract maximum remaining reserves. Together with Petoro and the other licence partners, Statoil has worked hard to find a good solution for extending the life of the field to 2040. A thorough evaluation of the “Snorre 2040” […]

  • Statoil to Increase Oil Recovery with Seismic Cables Off Norway

    13 December 2012
    Business & Finance, Equipment, Operations & Maintenance

    New seismic tools will result in 30 million extra barrels of oil from Snorre and Grane when Statoil and its partners now start using permanent reservoir monitoring (PRM). The technology will ensure a better understanding of the reservoirs. Snorre and Grane are two oil fields with large remaining reserves. Now approx. 700 kilometres of seismic […]

  • HMM Disposing of Port Terminal Stake to Avoid Bankruptcy

    22 March 2016
    Business & Finance

    South Korea’s troubled shipping company Hyundai Merchant Marine (HMM) has decided to sell its stake in the Busan-based Hyundai Pusan New-Port Terminal Co. in an attempt to return to liquidity, according to a stock exchange filing. The shipping giant, which owns 50 percent plus one share in the port terminal, said it will sell 40 percent plus one share to the […]

  • BP and IKM Testing sign first well services contract

    6 April 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    IKM Testing UK has secured a multi-year contract with BP to deliver well integrity services across the oil and gas giant’s portfolio of North Sea assets. The agreement is the first well services contract between the two companies and covers well integrity remediation services, including sustained casing pressure mitigation (SCP). IKM will provide engineering, determination […]

  • Spain: EDP Q1 Revenue Increased to EUR 346 Million

    9 May 2012
    Business & Finance

    EDP Renewables, a global leader in the renewable energy sector and the world’s third-largest wind energy producer, today announced that in 1Q 2012 electricity output increased by 18%YoY to 5.2TWh, as a result of the capacity growth over the last 12 months ( 619 MW) along with the increase in the average load factor to […]

  • Noble fleet down to 30 rigs after two scrapped

    4 February 2016
    Exploration & Production

    Noble Corporation, an offshore drilling contractor, has reduced its fleet to thirty units after retiring two drilling rigs. In addition, Noble will warm stack two of its ultra-deepwater semi-submersible rigs.  In its 4Q results report on Thursday, Noble said it decided to retire the 1976-built drillship Noble Discoverer and the 1979-built jack-up Noble Charles Copeland, thus reducing […]

  • Interview: North Sea OSV market headed for a slow but certain recovery

    27 July 2017

    As almost everyone in the offshore oil and gas industry, offshore support vessel owners have felt the pang of mostly the huge oil price downturn since mid-2014, but also an oversupply of tonnage, and a lack of demand for all the vessels available. Offshore Energy Today has spoken to Inger-Louise Molver, a senior shipbroker with […]

  • Sapura Energy Lands $241M in Contracts

    27 June 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Sapura Energy said it has been awarded 10 new contracts for its Engineering & Construction and Drilling segments, valued at approximately 1 billion Malaysian ringgits ($241 million). The new contract wins, secured across Malaysia, Thailand, Taiwan and Australia, include Sapura Energy’s first offshore wind farm contract. In addition, Sapura Energy has been selected for a […]

  • Namibian oil prospect gets ‘well-known’ players’ attention, extending farm-out timeline

    24 January 2025
    Business & Finance, Business Developments & Projects

    Global Petroleum, an AIM-listed oil and gas upstream exploration company presently focused on Africa and the Mediterranean, has decided to prolong its previous timeline to secure a farm-in agreement with a potential operating partner for its petroleum exploration license (PEL) 94 in Block 2011A in the Walvis Basin, off the coast of Namibia.

  • EnQuest, Uzma to develop Petronas’ Tanjong Baram field

    2 April 2014

    Uzma Berhad has announced that a contractor Group that includes its wholly owned subsidiary, Uzma Energy Venture (Sarawak) Sdn Bhd (“UEVS”) and EQ Petroleum Developments Malaysia Sdn Bhd (“EQ”)  has on 27th March 2014 signed a Small Field Risk Service Contract (“SFRSC”) with Petroliam Nasional Berhad (Petronas). Under the SFRSC, the Contractor Group will be jointly responsible for the […]

  • Helix tucks five-year decom gig under its belt in Gulf of Mexico

    29 February 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Helix Energy Solutions has got its hands on a long-term joint decommissioning agreement with Talos Energy.

  • Clive Palmer: $35 Bln Gas Region Found Off PNG

    23 August 2013

    The chairman of Palmer Petroleum Clive Palmer has announced 3D seismic surveys have identified a potential $US35 billion gas region off the coast of Papua New Guinea to rival Western Australia’s North West Shelf. Palmer said what could be one of the world’s largest offshore gas fields had been confirmed following extensive exploration by Palmer […]

  • EnQuest, Uzma Work on Development of Petronas’ Tanjong Baram Field

    2 April 2014
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Uzma Berhad has announced that a contractor Group that includes its wholly owned subsidiary, Uzma Energy Venture (Sarawak) Sdn Bhd (“UEVS”) and EQ Petroleum Developments Malaysia Sdn Bhd (“EQ”)  has on 27th March 2014 signed a Small Field Risk Service Contract (“SFRSC”) with Petroliam Nasional Berhad (Petronas) to carry out the development and production of petroleum from the Tanjung […]