10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Det norske picks AGR for annual reserves review

    29 August 2016
    Business & Finance

    AGR, a construction and engineering project management, HSEQ, reservoir and field management service company, has signed a Frame Agreement with Det norske oljeselskap for annual, independent reserves report of the company’s reserves portfolio. AGR said on Monday that the agreement is for four years with options for Det norske to expand the scope to cover the […]

  • Iloilo City, DENR to Spearhead 1st Philippine International River Summit

    16 May 2012

    The local government of Iloilo City, together with the Department of Environment and Natural Resources (DENR), shall spearhead the 1st Philippine International River Summit on May 30 to June 1. In a press conference last Monday, Iloilo City Mayor Jed Patrick Mabilog said the project is beyond mere river clean-up; it is an initiative towards […]

  • Havfram appoints new chairperson to bolster subsea and offshore wind business units

    15 August 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Norway-based subsea and offshore wind contractor Havfram has appointed Arne Sigve Nylund as its new chairperson following the strategy adjustments of the company. The decision is said to align with Havfram’s aim to strengthen the industrial identity of its offshore wind installation, offshore wind development and subsea installation business units. Nylund will replace Nina El-Imad […]

  • Woodside hires Neptune for Browse seabed survey

    7 November 2018

    Australia’s Woodside has hired Neptune Geomatics for survey work at the proposed Browse field development offshore Australia.

  • TotalEnergies and SOCAR take on ADNOC as partner in gas field off Azerbaijan

    4 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participating interest in a gas field off Azerbaijan.

  • Scorpio Bulkers delays scrubber installation on 13 ships

    13 May 2020
    Business & Finance

    Monaco-based dry bulk shipping company Scorpio Bulkers has decided to postpone the installation of exhaust gas cleaning systems on thirteen of its vessels until at least 2021 as part of its cost-cutting measures. The bulk carrier owner said that the move is expected to delay the payment of between $20 million and $25 million of expenditures until […]

  • BP expands 70-year relationship with US firm through deal spanning its global energy portfolio

    13 January 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    U.S.-headquartered science, technology, and engineering player KBR has secured a global agreement, which builds upon the duo’s decades-long relationship with BP, the UK-based energy giant.

  • PGS going to Norwegian and Malaysian waters

    31 May 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norwegian seismic company PGS has secured industry pre-funding for another “large” multi-season MultiClient survey in the Norwegian Sea. The first phase of the survey will be acquired this year by the seismic vessel Ramform Hyperion. Acquisition is expected to start in late June and have a duration of approximately 75 days. The second phase is set […]

  • UASC to Vote on Hapag-Lloyd Tie-Up in June

    19 May 2016
    Business & Finance

    Dubai-based shipping company United Arab Shipping Company (UASC) is going to decide on the business combination agreement with German counterpart Hapag-Lloyd AG (HL) at the beginning of next month. To that end UASC has today called an extraordinary general meeting for 2 June 2016 “in which the shareholders shall, amongst other agenda items, vote whether to approve […]

  • BOEM seeks input on Gulf of Mexico lease sale

    4 September 2015

    The U.S. Bureau of Ocean Energy Management (BOEM) is seeking information and nominations from all interested parties regarding proposed oil and gas lease sales in the Gulf of Mexico (GOM) Western, Central and Eastern Planning Areas (WPA, CPA, EPA) for inclusion in the Draft Proposed Five-Year Outer Continental Shelf (OCS) Oil and Gas Leasing Program […]

  • Petrobras orders subsea production system for Mero from Aker Solutions

    5 October 2018
    Business & Finance, Infrastructure

    Aker Solutions has signed a contract with Petrobras to provide a subsea production system and related services for the Mero 1 project within the Mero field development, one of the largest oil discoveries in Brazil’s pre-salt area.

  • BP reports worst annual loss in at least 20 years, cuts more jobs

    2 February 2016

    BP on Tuesday reported its worst annual loss in at least 20 years and thousands more job cuts as the British oil and gas company grappled with a collapse in oil prices.

  • Six vessels joining Norwegian shipping player’s managed fleet

    7 August 2024
    Business & Finance, Business Developments & Projects, Vessels

    Sea1 Offshore is putting the wheels into motion to take over the management operations of six AHTS vessels, which are owned by Viking Supply Ships.

  • Highlights of the Week

    21 May 2017
    Business & Finance, Equipment, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (May 15– May 21). Eni has started gas production from the Jangkrik Development Project, offshore Indonesia. Production from ten deepwater subsea wells, connected to the newly built Floating Production Unit (FPU) ‘Jangkrik’, will gradually reach 450 million standard […]

  • Tullow Discovers Oil Offshore French Guiana

    9 September 2011
    Business & Finance

    Tullow Oil plc (Tullow) announces that the Zaedyus exploration well (GM-ES-1), offshore French Guiana, has made an oil discovery having encountered 72 metres of net oil pay in two turbidite fans. Results of drilling, wireline logs and samples of reservoir fluids show that the well has encountered good quality reservoir sands on prognosis. The objective […]

  • 4th European Well Abandonment Seminar Held in Aberdeen, UK

    18 April 2013
    Business & Finance

    Oil and gas industry professionals are meeting today at the 4th European Well Abandonment Seminar in Aberdeen, where key information are being given on updated regulations affecting UK and Norwegian operations. This year’s event is hosting keynote speakers Paul Dymond of Oil & Gas UK and Andrew Carr of the Department of Energy and Climate […]

  • BP Names Helge Lund as Its New Chairman

    26 April 2018
    Business & Finance

    BP has appointed Helge Lund to succeed Carl-Henric Svanberg as the chairman of the company. Lund will join the BP board as chairman designate and a non-executive director on September 01, 2018, and will have a base in London. Lund, who is also chairman of Novo Nordisk in Denmark, will stand down with immediate effect […]

  • UK imposes windfall tax on oil & gas producers

    26 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Rules & Regulation, Transition

    UK will introduce a windfall tax on oil and gas operators as the government is working to alleviate the cost-of-living crisis in the country.

  • Kentz Delivers Growth in 2011 (UK)

    20 January 2012

    Kentz Corporation Limited announced the following pre-close trading update ahead of its results for the year ended 31 December 2011. Revenues and profits for the full year 2011 marginally ahead of consensus expectations  Record backlog of US$2.40 billion at the end of December 2011, up 50% from December 2010, underpinned by further new awards and […]

  • Rosneft, ITERA Join Forces for Gas Exploration in Russia

    29 February 2012

    Rosneft and ITERA Oil and Gas Company have signed a strategic cooperation agreement for joint exploration and development of gas deposits in Russia. The agreement signed by Rosneft President Eduard Khudainatov and ITERA Oil and Gas Company Chairman of the Board of Directors Igor Makarov envisages the possibility of establishing a joint venture. The joint […]

  • Zacks: Worst still to come for offshore drillers

    25 August 2014

    The latest spate of fleet status reports – with news of low dayrates and contract terminations – provide further evidence that being an offshore driller is just not fun right now, Zacks Equity Research writes in its blog. Year-to-date, shares of major companies have significantly underperformed the broader market. In particular, stocks of Transocean Ltd. […]

  • BP cuts CEO’s pay package after shareholder backlash

    6 April 2017

    By Karolin Schaps LONDON (Reuters) – BP has cut Chief Executive Bob Dudley’s 2016 pay package by 40 percent to $11.6 million (9.30 million pounds), the latest British bluechip company to rein in executive pay after a wave of shareholder revolts. The oil company has reduced Dudley’s payout and introduced changes from this year that […]

  • WHL Energy Acquires Substantial Offshore Acreage with Exploration Potential in the Republic of Seychelles.

    28 October 2010
    Business & Finance

    WHL Energy Ltd. announcedthat it has signed a Share Sale Agreement with the shareholders of SEYCO Energy Pty Ltd. (SEYCO) to acquire 100% of the shares in SEYCO, an entity that is in the process of acquiring the rights to a large exploration holding on the southern continental shelf offshore Seychelles. The agreement would include […]

  • Chevron approached for Rosebank project share

    26 September 2018

    Chevron has received an expression of interest from an unnamed potential buyer for its interest in the Rosebank field off the UK. 

  • Siem WIS extends cooperation with Statoil

    22 December 2016
    Business & Finance

    Norwegian drilling service company Siem WIS has entered into a frame agreement with compatriot Statoil for the provision of rotating control device (RCD) services on the Norwegian Continental Shelf. Siem WIS said on Wednesday that the contract period is from January 1, 2017, until August 31, 2020, with two one-year extension options. The company added that […]