10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • UK: Expro Sells C&M Business to Siemens for USD 630 million

    20 March 2012
    Equipment

    Expro, the international oilfield service company, has agreed to sell its Connectors & Measurements (C&M) business, including the Tronic and Matre brands, to Siemens AG at a valuation of US$630 million. Expro’s C&M business is a market leader in the design, manufacture, assembly and installation of subsea electrical power and data connectors and temperature and […]

  • Odfjell Terminals Sells Its Singapore Terminal

    20 October 2017
    Business & Finance

    Odfjell Terminals B.V., a joint venture between Odfjell SE and Lindsay Goldberg, has inked a deal with a fund managed by Macquarie Infrastructure and Real Assets to sell its 50% ownership in Oiltanking Odfjell Terminal Singapore for USD 300 million. This implies an enterprise value of around USD 330 million for Odfjell Terminals B.V.’s share in […]

  • Hyundai Heavy Unveils Rights Issue Plan to Raise USD 1.2 Bn

    27 December 2017
    Business & Finance

    HHI revealed plans to raise USD 1.21 million via a share issue to improve its financial structure.

  • Sonardyne Achieves Record Sales of Sentinel Intruder Detection Sonar

    2 April 2013
    Business & Finance, Equipment

    Sonardyne International Ltd. is celebrating a record sales quarter for its Sentinel Intruder Detection Sonar (IDS) for permanent installation at multiple locations across the USA, Europe and Asia-Pacific. Over the coming months, Sentinel will be deployed in multiple head configurations with integrated command and control solutions to protect strategic harbours and critical infrastructure for a […]

  • Ultra Deep scores hat-trick with another charter win

    27 December 2017
    Business & Finance

    Ultra Deep Solutions has been awarded a charter contract for on of its vessels for work in the Gulf of Mexico. 

  • ConocoPhillips launches battery project at Darwin LNG

    29 May 2019

    ConocoPhillips has launched a battery project for Darwin LNG set to reduce power generation carbon emissions by 20 percent, as well as cut fuel gas consumption and operating costs.

  • PIRA: Japan’s decline in LNG consumption weakens Asian demand support

    12 August 2015

    NYC-based PIRA Energy Group said that Japan’s four-year run of record breaking LNG buying and consumption in the wake of the March 2011 Fukushima crisis is coming to an end.

  • Google Buys Norther Offshore Wind Power

    20 September 2019
    Business & Finance

    Engie has signed an agreement with Google to sell 92MW of energy produced by the Norther offshore wind farm in Belgium. Google will use the energy from the 370MW project to power its data center in Saint-Ghislain in what represents the first time the technology giant buys power from an offshore wind farm. The deal is part […]

  • Lhyfe’s work on ocean reoxygenation through H2 production advances

    21 July 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Transition, Vision

    French hydrogen producer Lhyfe has completed the first step in its work on ocean reoxygenation with the publication, by IRD Brest, of a first scientific article on the results of the research carried out in recent months. The work is a part of Lhyfe’s ambition to decarbonize transport and industry by producing and supplying renewable […]

  • AW-Energy applauds California’s wave and tidal energy initiative

    21 April 2023
    Authorities & Government, Business Developments & Projects, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    Finnish wave energy company AW-Energy has welcomed the introduction of the California Senate Bill 605, which calls for a comprehensive and collaborative study to evaluate the feasibility and benefits of using wave energy and tidal energy.

  • UK: Encore Oil Announces Catcher North Oil & Gas Discovery

    8 February 2011
    Business & Finance

    EnCore Oil plc  announced that the Catcher North appraisal well 28/9-3 located in UK Central North Sea block 28/9 was drilled to a Total Depth of 5,265 feet Measured Depth (M.D.) having successfully encountered hydrocarbons in both the Tay and Cromarty Sandstone intervals. Pressure data suggests that Catcher North is part of the Catcher and […]

  • i3 Energy targets acreage off UK in bid to broaden portfolio

    22 November 2017

    i3 Energy has applied for acreage made available within the UK’s 30th Offshore Licensing Round.

  • API slams BOEM’s proposed offshore lease sale for lack of vision

    20 May 2016

    The U.S. Bureau of Ocean Energy Management’s proposed offshore lease sale has been attacked as a program without vision, by the American Petroleum Institute. API Executive Vice President Louis Finkel addressed what he sees as flaws in the Bureau of Ocean Energy Management’s 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program during a press […]

  • Rosneft, ExxonMobil to Study Potential for LNG Project in Russian Far East

    14 February 2013

    Rosneft and ExxonMobil have agreed to expand their cooperation under their 2011 Strategic Cooperation Agreement to include an additional approximately 600,000 square kilometers (150 million acres) of exploration acreage in the Russian Arctic and potential participation by Rosneft (or its affiliate) in the Point Thomson project in Alaska. They have also agreed to conduct a […]

  • Sri Lanka: Colombo Dockyard Signs Construction Contract for Four 78m MPSV

    26 August 2011
    Business & Finance

      Colombo Dockyard penned contracts for the construction of four units of 78 m Multipurpose Platform Supply Vessels (MPSV) each with a 3,600 deadweight capacity for a Singapore based Ship Owner at an undisclosed price on 25th August 2011. Details of the Owner are not divulged due to an agreement of commercial confidentiality, with the […]

  • Norway: Outstanding Quarter for Det Norske, CEO Says

    2 November 2011
    Business & Finance

    As a partner in the giant Aldous Major oil discovery, Det norske oljeselskap ASA has created significant values both for its shareholders and for the Norwegian society at large. This discovery transforms the company and makes it a more significant player on the Norwegian Continental Shelf. In the third quarter, Det norske has submitted two […]

  • USA: Dominion Files for Cove Point LNG Export Permit

    4 October 2011

    Dominion has filed with the Department of Energy for permission to use its Dominion Cove Point facility on the Chesapeake Bay in Lusby, Md., to export liquefied natural gas (LNG) to any country with which the U.S. does not prohibit trade.   In its application, Dominion said exports would be in the public’s interest because […]

  • Performance Shipping exits containership sector with vessel sale

    21 August 2020
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    Greek shipowner Performance Shipping has become a pure play Aframax company as it disposed of the final containership in its fleet.

  • Swire Blue Ocean to rebrand ahead of stock exchange debut

    8 October 2020
    Business & Finance

    Swire Pacific Offshore is planning to list its subsidiary Swire Blue Ocean (SBO) on the Oslo Stock Exchange. The proposal to take Swire Blue Ocean public comes after the announcement of expansion plans, the company said. The subsidiary is also undergoing full rebranding and will be renamed Cadeler. The new name was selected to reflect […]

  • Tullow Oil to sell off Norwegian licenses, lay off 50

    19 August 2016

    Independent oil exploration and production company Tullow Oil has decided to sell its exploration and development licenses in Norway and exit the country due to a challenging market.  This means that the company will shut down its Norwegian office and lay off around 50 employees. The company’s spokesperson told Offshore Energy Today that Tullow has already submitted […]

  • Bermuda: Golar Sells FSRU for USD 330 Million

    20 October 2011
    Business & Finance

    Golar LNG Limited announced today that, further to the announcement on October 6, 2011, that it has completed the sale of the companies that own the floating storage and regasification unit Golar Freeze to Golar LNG Partners L.P. On October 6. Golar announced that it had entered into an agreement to sell the companies that […]

  • Energy XXI sells East Bay field

    1 July 2015
    Business & Finance

    Energy XXI has closed on the sale of the East Bay Field, located 89 miles southeast of New Orleans near the mouth of the Mississippi River, for $21 million to a private buyer. The field lies in water depths ranging up to approximately 170 feet. It consists of Blocks 24, 28 and sections of Blocks 11, […]

  • Bermuda: Golar LNG Enters Deal to Sell Golar Freeze

    6 October 2011
    Business & Finance

      Golar LNG Limited announced today that it has entered into an agreement to sell the companies that own the floating storage and regasification unit (FSRU) Golar Freeze to subsidiary company Golar LNG Partners L.P. for a price of $330 million. The transaction is expected to close before the end of October 2011. The acquisition […]

  • HSH Nordbank Offloads Billions Worth of Bad Shipping Loans

    30 June 2016
    Business & Finance

    Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance, transferred a portfolio of non-performing loans from ship financing with a volume of EUR 5 billion (USD 5.5 billion) to hsh portfolio-management AöR of majority owners Hamburg and Schleswig-Holstein effective June 30, as planned. In return, HSH Nordbank will receive the transfer price of […]

  • Deputy Head of Research Unit at EU’s DG Energy: ‘Relying on targets and assuming jobs and growth will follow does not work’

    16 January 2025
    Authorities & Government, Business & Finance, Environment, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Relying only on renewable energy targets and expecting the industry and economic growth would follow “does not work”, Mark van Stiphout, Deputy Head of Unit for Research, Innovation, Competitiveness and Digitalisation at European Commission’s DG Energy, said during a panel session about green growth at Offshore Energy Exhibition & Conference (OEEC) in November 2024. Van […]