10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • USA: President Obama Visits Ellicott Dredges (VIDEO)

    21 May 2013
    Business & Finance, Equipment, Technology

    President Barack Obama visited Moravia Park Elementary School, local manufacturer Ellicott Dredges and The Center for Urban Families in Baltimore last week as part of his Middle Class Jobs and Opportunity Tour. Here are some lines from his speech at the Ellicott Dredges: “I want to thank your CEO, Peter Bowe, and your plant manager, […]

  • SembMarine to sell its Cosco Shipyard Group stake

    15 November 2016
    Exploration & Production

    Singapore’s rig builder Sembcorp Marine is set to sell its 30 percent equity interest in China’s Cosco Shipyard Group. SembMarine as the company is also known, will sell its stake in Cosco Shipyard Group for $220.68 million to China Ocean Shipping (COSCO). Cosco Shipyard Group is a ship repair, conversion and shipbuilding group which owns […]

  • Oil Search in 2.2 billion InterOil acquisition, signs MoU with Total

    20 May 2016
    Project & Tenders

    Oil Search informed on Friday it has signed a definitive agreement to acquire all of the outstanding shares in InterOil in a transaction valued at approximately US$2.2 billion.

  • Maersk confident of selling Maersk Drilling, Maersk Supply by 2018 end. Finds optimism in rising oil price

    17 May 2018
    Exploration & Production

    Danish maritime industry giant A.P. Moller Maersk is still aiming to sell its offshore drilling and offshore supply vessel businesses by the end of 2018, despite recent reports claiming the drilling business sale might spill over into 2019.

  • Report: Ithaca to buy Marubeni’s North Sea assets for $1 billion

    14 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Ithaca Energy has reportedly agreed to acquire Marubeni’s oil and gas assets in the North Sea in a deal valued at $1 billion.

  • BP Completes Sale of US Gulf of Mexico Assets to PXP

    2 December 2012
    Business & Finance, Project & Tenders

    BP has completed its sale of a number of oil and gas fields in the deepwater US Gulf of Mexico to Plains Exploration & Production Company (‘PXP’). As announced on 10 September, BP agreed to sell the fields to PXP for $5.55 billion in cash subject to customary post-closing adjustments, with an effective date of […]

  • BOEM calls for public input on potential Cook Inlet lease sale

    28 October 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy

    BOEM will be seeking public input regarding a revised draft EIS, analysing the possible environmental impacts of a potential oil and gas lease sale in the Cook Inlet area, off Alaska.

  • Interview: European regas capacity remains underused, but small-scale LNG on the rise

    21 November 2017
    Ports & Logistics

    European LNG import infrastructure remains largely underused, however, the small-scale industry is rapidly expanding and is expected to be one of the major growth drivers in the European market as the shipping and trucking industries push for greater use of gas as more environmentally friendly than oil and diesel. Utilization of the total installed capacity at […]

  • Valaris finds drilling work for three rigs in Gulf of Mexico and Australia

    6 July 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Valaris has secured four new drilling deals for its rig fleet in the Gulf of Mexico and Australia, which boost its backlog further. 

  • Pingtan Marine to Sell China Dredging Group

    28 October 2013
    Business & Finance, Equipment, Technology

    Pingtan Marine Enterprise Ltd. an integrated marine services company in the People’s Republic of China (PRC), today announced that the independent members of the Company’s Board of Directors have agreed to sell Pingtan’s 100% owned dredging subsidiary, China Dredging Group and its PRC operating subsidiaries, Fujian Xing Gang Port Service Co., Ltd. business and operating […]

  • ExxonMobil, OMV Petrom Buy Into Sterling’s Block Offshore Romania

    29 January 2014

    Sterling Resources Ltd. has completed the sale of its 65 percent interest in a portion of the Midia Block in the Romanian Black Sea to ExxonMobil and OMV Petrom S.A. Proceeds of US$29.25 million are due to be received by Sterling within seven days and are subject to Romanian profits tax at a rate of 16 percent. […]

  • Report: HHI to Dispose of Idle Offshore Yard to Cut Costs

    21 August 2018
    Business & Finance

    Hyundai Heavy Industries is reportedly planing to sell its Onsan factory as part of cost cutting measures.

  • Star Bulk Carriers Keeps Up the Selling Streak

    5 January 2016
    Business & Finance

    Dry bulk shipping company Star Bulk Carriers Corp. has entered into agreements to sell four newbuilding Capesize vessels under construction in China to unaffiliated third parties, for an aggregate gross price of USD 148 million. The vessels are expected to be delivered to the buyers during the first and second quarter of 2016. The company said it would use […]

  • Mercator Lines Inks Deals to Sell Five Bulkers

    28 January 2016
    Business & Finance

    Singapore-incorporated Mercator Lines has entered into Memoranda of Agreements to sell five bulk carriers, the company’s judicial manager said. The vessels in question are M.V. Sri Prem Veena, M.V. Garima Prem, M.V. Garv Prem, M.V. Gaurav Prem and M.V. Aarti Prem which are secured to the syndicate lenders. Mercator said that the vessels are sold on […]

  • MacArtney grabs EMO Marine

    7 June 2016
    Business & Finance

    MacArtney Group, subsea services and engineering solutions provider, has acquired a Canadian manufacturer of subsea communication systems EMO Marine Technologies.

  • Kepco sets sight on flexible LNG deals

    9 October 2015

    Kansai Electric of Japan is targeting more flexible LNG supply deals that would ensure the company can respond to demand changes and adjust its portfolio accordingly.

  • China: CIC Boluomiao Shipyard Redelivers Three Successfully Repaired Ships

    14 July 2011

        In late June, the ships “New Champion”, “An Ping 5”, “Peng Hua” were successfully repaired and redelivered by Boluomiao Shipyard. The shipyard with in a spirit of “weather change but repair period same”, overcome the difficulties by the rain, heat and others to complete the repair works. The ship “New Champion” entered into […]

  • UC San Diego Study on Beach Replenishment

    30 March 2016
    Business & Finance, Research & Development

    UC San Diego biologists who examined the biological impact of replenishing eroded beaches with offshore sand found that such beach replenishment efforts could have long-term negative impacts on coastal ecosystems. The scientists, who studied the effects of beach replenishment efforts on the abundance of intertidal invertebrates at eight different beaches in San Diego County, discovered […]

  • Aker BP bolsters digitalization arsenal by streamlining brownfield asset management with help of digital twins

    21 August 2024
    Business & Finance, Business Developments & Projects, IT & Software, Project & Tenders, Technology

    Aker BP has expanded its collaboration with Aize, a digital twin software provider, by including a software-as-a-service (SaaS) agreement for all relevant facilities.

  • LWI Vessels: Important Tool for Increasing Recovery (Norway)

    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 […]

  • Statoil to drill five wells in Barents Sea. First spud in 2017

    18 May 2016

    Norwegian oil company Statoil has been awarded acreage in five production licences in the Barents Sea, following today’s announcement of results of the 23rd offshore licensing round in Norway. Statoil will operate all five licences and has obligation to drill five exploration wells. “The Norwegian continental shelf (NCS) is the core of Statoil’s business, and […]

  • Keppel, Sembcorp deny bribery allegations (Brazil)

    9 February 2015
    Exploration & Production

    Following media reports that Singapore’s offshore rig builders Keppel and Sembcorp Marine have been involved in a bribery scandal with Petrobras in Brazil, both companies have issued separate statements denying the allegations. According to Brazilian newspaper O Globo, Keppel and Jurong (a subsidiary of Sembcorp) bribed Petrobras and Sete Brasil officials in order to obtain drilling rig […]

  • Aibel to build second phase of Johan Sverdrup onshore power plant

    28 August 2018
    Business & Finance

    Equinor has awarded oil services company Aibel a contract to build the second phase of the onshore power plant for the Johan Sverdrup development.

  • Port of Oslo Declared Port of Convenience

    19 October 2017

    The Board of the International Transport Workers’ Federation’s (ITF) Coordination Committee in Norway decided on October 16 to name the Port of Oslo a port of convenience. Following the decision, the Port of Oslo has become the first port in Europe to receive such a designation. As informed, the move comes due to repeated violations […]

  • Maryland Public Service Commission Starts Reviewing Offshore Wind Applications

    22 November 2016
    Authorities & Government, Environment, Storage

    The Maryland Public Service Commission (PSC) began a 180-day proceeding to evaluate two offshore wind project proposals on Monday, 21 November. PSC opened an application period for a USD 1.9 billion Offshore Wind Renewable Energy Credit (OREC) in February 2016. The initial application was submitted by US Wind in the same month. PSC received the second and […]