10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • DSME Not Selling Its Defense Ship Business

    29 August 2017
    Business & Finance

    South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) said that it would not be selling off its defense ship business. The move was considered in May 2016 as part of the company’s cost cutting measures aimed at restoring financial liquidity. “In order to normalize the business, the company has considered the division of the […]

  • 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 […]

  • Iberdrola Ranked as Best Company in Spain

    26 March 2014

    IBERDROLA has been chosen as the best Spanish company and leading European utility by analysts and investors consulted by Institutional Investor Research Group, which has just published its 2014 All-Europe Executive Team ranking. The company comes second among all sectors, behind only Airbus and followed by Technip, Roche Holding and Vodafone Group. IBERDROLA’s Chairman Ignacio […]

  • CPC Corporation Christens Company’s New Tanker at Shipyard in Taiwan

    15 August 2011
    Business & Finance

      On July 28, 2011 the christening ceremony of the TONG YUN, company’s latest 40,000-ton tanker, was held at Keelung shipyard of CSBC Corp. a major and state-owned shipbuilder in Taiwan. The ceremony was presided over by Chairmen Chu for CPC and Chairman Tang, Tay-Ping for CSBC; co-signing the certificate of acceptance was done by […]

  • Wartsila signs 2-stroke engine licence agreement with JAD

    3 September 2014

    A licence agreement covering the manufacture and sales of Wärtsilä 2-stroke engines has been signed between Wärtsilä Switzerland Ltd and China based Jangsu Antai Power Machinery Co. Ltd. (JAD). JAD is the former large horse-power division of Wuxi Diesel Engine Plant. Under the terms of this agreement, JAD will be able to manufacture and sell […]

  • NZ to Lose Millions Because of Compromise

    4 May 2015
    Business & Finance

    Not proceeding with the full expansion plans for the Ports of Auckland jeopardizes the fast-growing cruise sector, and will cost Auckland and New Zealand’s economy millions of dollars, according to Cruise New Zealand. The decision means the brand new Ovation of the Seas will not be able to visit Auckland as planned next year. The Ovation’s maiden […]

  • Report: ExxonMobil selling majority stake in Italy LNG terminal to BlackRock

    4 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    U.S. energy major ExxonMobil has chosen compatriot investment company BlackRock as the potential buyer for its majority stake in Italy’s Adriatic liquefied natural gas (LNG) import terminal, according to Reuters. Reportedly, the stake sale drew interest from infrastructure funds and international groups as Italy is expected to increase its LNG imports to partly replace the […]

  • ST Engineering, Nauti-Craft join forces on offshore wind CTVs

    22 May 2020
    Business & Finance, Vessels

    ST Engineering Marine and Nauti-Craft have signed a Letter of Intent (LOI) to jointly develop and supply new crew transfer vessels. Primarily, the two companies aim to explore the opportunity to incorporate Nauti-Craft’s marine suspension technology into vessels built by ST Engineering. As a further step, they intend to develop, build and supply Nauti-Craft-equipped crew […]

  • Wärtsilä sells Russian JV stake. Focuses on marine and energy power solutions

    3 June 2014
    Business & Finance

    Finland’s Wärtsilä and Russia’s Transmashholding have agreed that Wärtsilä will sell its 50 per cent share in the joint venture Wärtsilä TMH Diesel Engine Company LLC to Transmashholding, the other joint venture party. The divestment of the joint venture will enable Wärtsilä to concentrate on its core areas of expertise, namely complete lifecycle power solutions […]

  • Encana sells Clearwater assets to Ember

    8 October 2014

    Encana Corporation said that it has reached an agreement with Ember Resources to sell the majority of its Clearwater assets, located in southern and central Alberta, for approximately C$605 million.  The sale includes about 1.2 million net acres of land and over 6,800 producing wells with second quarter average production of approximately 180 million cubic […]

  • BP aiming at 4 million barrels a day by 2020

    17 May 2017

    BP expects to grow its production to 4 million barrels a day by the end of the decade. During the Annual General Meeting on Wednesday, the company’s Chairman Carl-Henric Svanberg said that with BP’s recent recent investments, “in a few years’ time, our production should be back at the same level as before we had […]

  • Sandia researchers take control of waves using robotics principles

    31 October 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Sandia National Laboratories’ engineering team has designed, modeled and tested a control system that doubles the amount of power a wave energy converter can absorb from ocean waves.

  • CGG Starts Davros Multi-Client Survey in Australia

    2 March 2015
    Operations & Maintenance

    CGG has started acquiring the Davros 3D BroadSeis™and BroadSource™ multi-client survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia. Covering in excess of 11,000 km2, Davros is the largest seismic survey ever to be acquired by CGG in the Asia-Pacific region, the company said. The Davros survey is being conducted […]

  • Lukoil Spuds Savannah Well in Sierra Leone

    16 September 2013

    Russia’s largest privately held oil company Lukoil has kicked off drilling operations on the SL-5-11 block in the deepwater area offshore Sierra Leone. The well is being drilled with the Eirik Raude semi-submersible drilling rig which started with spudding a deepwater well in the Savannah prospect. The target depth of the wildcat to be drilled […]

  • Oceaneering to combine 7 locations into one office and workshop in Aberdeen

    29 August 2019
    Business & Finance

    Subsea engineering and technology company Oceaneering has decided to streamline its Aberdeen operations by combining seven properties into one office location and a new, purpose-built workshop.

  • Total picks Vroon PSV duo for UK ops

    17 January 2018
    Business & Finance

    Vroon Offshore Services has been awarded a multi-year charter for two platform supply vessels by Total E&P UK.

  • LetterOne, BASF in talks to merge oil & gas businesses

    8 December 2017
    Business & Finance

    Russian billionaire Mikhail Fridman’s LetterOne and Germany’s BASF have signed a letter of intent to merge their oil and gas businesses into a joint venture named Wintershall DEA. The oil and gas business of BASF is bundled in the Wintershall Group consisting of Wintershall Holding GmbH and its subsidiaries, including the gas transportation business. The oil […]

  • Oil & Gas UK: Shared industry tools improving efficiency

    22 January 2016

    Oil & Gas UK, a representative body for the UK’s oil and gas industry, reported that the number of companies using shared industry tools developed by Oil & Gas UK and its subsidiary, LOGIC (Leading Oil and Gas Industry Competitiveness) was rising. According to Oil & Gas UK, shared industry tools simplify procedures and improve the […]

  • Congressman Pallone Welcomes Offshore Wind Initiative (USA)

    11 February 2011
    Authorities & Government

    U.S. Rep. Frank Pallone, Jr. praised the initiative announced on Monday by the Obama Administration to accelerate the development and deployment of offshore wind as an energy source in a strategic plan that includes the Outer Continental Shelf off New Jersey. “Offshore wind energy is a smart way to generate clean, inexpensive electricity,” said Pallone. […]

  • Suez Canal Cuts Tolls for Boxships on US East Coast-SE Asia Route

    6 April 2016

    The Suez Canal Authority has decided that container ships coming from Port of New York and its southern ports heading to South East Asian ports, such as port of Port Kelang and its eastern ports, shall be granted a reduction of 30% of the Suez Canal normal tolls. Any company wishing to benefit from the […]

  • 11 Crew Airlifted from Sinking Ship off Hong Kong

    28 August 2017

    Eleven crew members have been evacuated from a sinking cargo ship, identified as Hong-Tai 176, while underway in the waters of Hong Kong as tropical cyclone Pakhar battered the area. The vessel sent a distress call while en route some 64 nautical miles east of Hong Kong on Sunday morning, August 27, with 11 crew members on […]

  • Vyborg sets first Shtokman keel

    9 July 2008

    Russia’s Vyborg Shipyard has seen a ceremony to mark the start of construction on the first of two semi-submersible platforms which will be built to serve the Barents Sea Shtokman project. The keel laying ceremony for the semi-submersible floating drilling rig – dubbed SSFDR – took place watched by a delegation from Gazflot, the Gazprom […]

  • UK: Technip Signs EUR 135 Million Contract for Golden Eagle Development

    11 January 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Technip was awarded by Nexen Petroleum U.K. Limited a lump sum contract, worth approximately €135 million, for the Golden Eagle development located 110 kilometers North-east of Aberdeen in 115 meters of water. This contract is the largest ever awarded to Technip for a project in the United Kingdom Continental Shelf and features the reeling of […]

  • Equinor Confirms ‘Akofs Seafarer’ LWI Deal

    19 June 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    AKOFS Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025. Equinor is the operator of about 560 subsea wells on stream on the Norwegian continental shelf. The wells require maintenance, repairs and new production actions. In 2017 Equinor […]

  • USA: Maritime Development Center, LLC Files Application for Coastal Wetlands Permit

    5 August 2013
    Business & Finance

      Maritime Development Center, LLC has filed an application with the Department of Marine Resources requesting permission to conduct regulated activities under the provision of the Coastal Wetlands Protection Law Act, Title 49, Chapter 27, Mississippi Code of 1972. The applicant is proposing to expand their existing facilities for the purpose of constructing a marine […]