10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • ADX, Gulfsands Swap Assets in Tunisia

    23 December 2013

    ADX Energy Limited has reached an agreement whereby Gulfsands Petroleum plc withdraws from the Kerkouane permit offshore Tunisia and ADX transfers its entire remaining 30% participating interest in its Chorbane exploration permit onshore Tunisia to Gulfsands. Under the terms of the agreement ADX will receive a cash payment of US$ 250,000 after execution of this […]

  • U.S. Senate Natural Gas Forum Reaffirms LNG Exports Positive for Economy

    22 May 2013

    In response to second forum on natural gas by the Senate Energy and Natural Resources Committee entitled “Domestic Supply and Exports,” Bill Cooper, president of the Center for Liquefied Natural Gas issued the following statement: “Today’s forum underscores what countless third-party studies, energy experts and economists have found: LNG exports will be a win-win for […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • McDermott, Saipem, Chiyoda JV bags Anadarko Mozambique LNG job

    6 June 2019
    Business & Finance

    Saipem said that its part of the project would bring it $6 billion

  • Shah Deniz Consortium Signs Major Gas Sales Deal with European Buyers

    20 September 2013

    The Shah Deniz consortium announced today that 25-year sales agreements have been concluded for just over 10 billion cubic metres a year (BCMA) of gas to be produced from the Shah Deniz field in Azerbaijan as a result of the development of Stage 2 of the Shah Deniz project. Nine companies will purchase this gas […]

  • Norway: Steel Jacket Installed at Statoil’s Valemon Field

    19 June 2012
    Business & Finance, Operations & Maintenance

    On 18 June Thialf, one of the world’s biggest heavy lift vessels, lifted the 9,000 tonne steel jacket into position on the North Sea Valemon field. The 160 metre high construction is the biggest steel jacket installed in one lift on the Norwegian continental shelf (NCS) and first major part-delivery on the Valemon development project. […]

  • Siem Offshore Reports First Quarter Results (Norway)

    10 May 2011
    Business & Finance

      Siem Offshore, an international supply and subsea shipping company, today announced results for the first quarter of 2011. The operating revenue for the first quarter was USD 68.9 million compared to USD 49.8 million for the same period of 2010. The operating margin was USD 21.8 million compared to USD 12.0 million for the […]

  • BP Sells Southern Gas Assets to Perenco, UK

    27 March 2012
    Project & Tenders

    BP announced today that it has agreed to sell its interests in its southern gas assets (SGA) in the UK North Sea to Perenco UK Ltd for $400 million in cash. As it continues the active management of its business portfolios around the world, focusing on core activities and future growth, BP expects to divest […]

  • EU Approves HSH Nordbank Sale

    5 May 2016
    Business & Finance

    The European Commission has adopted a resolution on state aid proceedings for Germany’s HSH Nordbank, provided by the two German states of Hamburg and Schleswig-Holstein that own the bank, adding that the bank’s privatisation has to be completed by the end of February 2018. HSH Nordbank, which is one of the world’s biggest providers of shipping finance, plunged into financial woes in […]

  • Norway: IKM Wins Aasta Hansteen Pipe FEED Contract

    13 April 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    IKM Ocean Design has been awarded a pipeline front-end engineering and design contract from Statoil for the Aasta Hansteen deep-water field off Norway. The Norwegian contractor will carry out FEED design work, with an option for detailed engineering, on pipelines and cables to be installed at the harsh-environment Norwegian Sea field, formerly named Luva. In […]

  • Northstar Sells USD 201 Million Worth of GOM Assets to Korean Group

    30 December 2011
    Business & Finance

    Northstar Offshore Energy Partners, LLC a portfolio company of Natural Gas Partners (“NGP”)  has sold substantially all of its asset holdings to ANKOR E&P Holdings Corporation, STX Energy E&P Offshore Management, LLC and SCL Resources, LLC for $201 million. The assets sold to the Korean buying group have a current output of 4,700 barrels per […]

  • Impact of Hurricane Isaac on EPL’s Operations in US GoM

    2 September 2012
    Business & Finance

    Energy Partners, Ltd. provided its initial assessment of the impact of Hurricane Isaac on its operations. In advance of Hurricane Isaac, EPL safely evacuated all personnel from its operations in the Gulf of Mexico and shut in 100% of its oil and gas production. The majority of EPL’s core properties were within the path of […]

  • Suez Canal Eyes More LNG Carrier Transits

    5 July 2018

    Suez Canal Authority looking to attract more LNG carrier transits.

  • Norwegian eleven-year-old vessel sports cable lay and trenching equipment (Photo)

    26 June 2024
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders, Vessels

    A multi-purpose support vessel (MPSV) owned by Olympic Subsea and on charter with DeepOcean has been equipped with cable lay and trenching equipment to be able to install and protect power cables for offshore renewables projects. The two Norwegian companies entered into a two-year time charter agreement for the MPSV Olympic Ares in March 2023 […]

  • NSG – MLS Win Guard Vessels Extension from Nexans

    12 March 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Cables specialist Nexans has extended a contract with NSG Wind and Maritime Logistics Service (MLS) for two additional year to deliver and coordinate four guard vessels to the NordLink interconnector. The initial contract, signed in spring 2017, will now add three new campaigns in 2018 and two in 2019. During each campaign, a new cable […]

  • Statoil Receives Permission to Drill New Norwegian Sea Wells

    24 September 2013

    The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 6407/8-6 and 6407/8-6 A, cf.  in the Norwegian Sea. Wells 6407/8-6 and 6407/8-6 A will be drilled from the Songa Trym drilling facility at position 64°21’12.70″ north and 07°27’44.48″ east after it completes drilling of the wildcat well 6608/10-15 for Statoil […]

  • Siem Offshore Acquires 50 Pct Ownership in Secunda Canada

    9 September 2013
    Business & Finance

    Siem Offshore and Birch Hill Equity Partners Inc. (“Birch Hill”), together the “Parties”, have entered into an agreement whereby Siem Offshore today has acquired 50 percent ownership in Secunda Canada LP (“Secunda”) at a purchase price of CAD 16.25 million paid in cash. Secunda has more than two decades of offshore experience in serving the […]

  • Adani Ports Looking Into Kattupalli Port Operations

    5 October 2015
    Business & Finance

    Adani Ports and Special Economic Zone Limited said in a filing to National Stock Exchange of India (NSE) that it has entered into a non-binding Memorandum of Understanding with compatriot L&T Shipbuilding Limited (L&T) for evaluating the operations of the port at Kattupalli, Tamil Nadu. The deal entered into effect from October 1, 2015 and is scheduled […]

  • Saab Seaeye Expands Into Second Facility in UK

    22 March 2013
    Business & Finance, Research & Development

    Global success for Saab Seaeye, the world’s largest electric underwater vehicle manufacturer, sees the company double the size of its operations. Planning for further growth, they have expanded into a second facility in Fareham, Hampshire, UK, within metres of their existing factory of the same size. Opening the new facility, Görgen Johansson, Head of Saab […]