10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Polarcus and TGS Ink Data Deal

    29 June 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Polarcus has signed a Letter of Intent (LOI) with TGS for the sale of its multi-client projects in Northwest Europe and West Africa in return for a cash consideration of USD 27.5 million and future revenue share on library late sales. Polarcus’ 22,130 sq. km. Capreolus 3D survey offshore Australia does not form part of the […]

  • UK: Expro Sells Connectors & Measurements Business to Siemens AG

    20 March 2012
    Business & Finance, Operations & Maintenance

    An oilfield service company Expro International, 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 pressure […]

  • Coastal Contracts sells jack-up rig to avoid market downturn

    22 April 2015
    Business & Finance, Exploration & Production

    Coastal Contracts’ subsidiary, Thaumas Marine Pte Ltd, has secured a contract for the sale of one jack-up drilling rig (JUDR) for approximately RM807 million ($224.1 million). According to Coastal Contracts’ Bursa Malaysia filing, the rig was sold to a “reputable oil company”. The rig is expected to be delivered in the third quarter of 2015. Ng […]

  • CrudeShares launches platform for O&G shares interchange

    18 April 2014
    Business & Finance, Equipment

    CrudeShares has announced that the company has launched a private platform for the Oil & Gas Industry which allows buyers and sellers of privately held shares to interchange. “This is an exciting new opportunity for the worldwide Oil & Gas Industry,” said Chuck Kowalski, V.P. of Investments at CrudeShares. “CrudeShares is opening a dynamic new […]

  • Nigerian Navy Thwarts Pirate Attack in Lagos

    14 April 2015

    Nigerian navy thwarted a pirate attack in Lagos over the weekend targeting a product tanker loaded with petroleum bound for Nigeria. A group of ten men in two speed boats followed the tanker and managed to board the ship identified as MT Imas. The crew managed to send request for assistance before being overpowered by the pirate gang. A […]

  • COSCO Shipping Ports Divests Stake in Several Terminals

    23 September 2019
    Business & Finance

    COSCO Shipping Ports has decided to dispose of its indirect interests in 3+2 terminals.

  • Total Sells 10 Pct Interest in Shah Deniz to TPAO

    2 June 2014

    Total of France signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned E&P company. The transaction is valued at $1.5 billion. “The sale of our interest in Shah Deniz is in line with Total’s active portfolio management and the focus of its […]

  • Danish Companies Vying for Horns Rev 3 Work

    31 August 2016
    Business & Finance, Operations & Maintenance

    Danish companies are turning their attention to Hvide Sande which is expected to become the centre of activities related to what is to be the largest offshore wind farm in Danish waters – Vattenfall’s 406MW Horns Rev 3, the Danish Wind Energy Association (DWIA) said. The Swedish energy company and its main subcontractors should in the near […]

  • Petronas commissions Train 9 at Bintulu LNG complex

    4 October 2016

    Malaysian energy giant Petronas said that it has produced the commissioning cargo at its newly completed Train 9 at the Petronas LNG complex in Bintulu, Sarawak.

  • Engie to form China LNG JV

    10 November 2015

    French energy and power company Engie and Shaanxi Houde Tongxing signed an investment agreement to establish an LNG joint venture in China. The joint venture is aiming to build an LNG industrial base in the North-West region of China and to develop LNG downstream activities, Engie, which will hold 35 percent share in the JV, […]

  • EU Wind Industry to Employ More than Half Million People by 2020

    11 April 2012

    The European wind power industry’s contribution to EU economic growth will increase almost threefold over the decade by 2020. More than half a million people will be working for the wind power industry in Europe by 2020. The sector has been proven to be a powerful motor against economic slowdown in Europe. This will be […]

  • Senvion Looking For a Buyer, Reaches Agreement with Lenders

    30 July 2019
    Business & Finance

    German wind turbine manufacturer Senvion has reached an agreement with its lenders which gives financial support for the continuation of its business until the end of August and potentially for a period thereafter if ongoing talks with lenders can be concluded successfully. As reported earlier, Senvion had filed for self-administration in April 2019. That same month, Senvion, […]

  • USA: Congressman Goodlatte Encourages Drilling Offshore Virginia

    6 April 2011

      Yesterday, Representatives Bob Goodlatte reintroduced the “Virginia Access to Energy Act”. This important legislation allows for the exploration of natural gas and crude oil in Virginia’s waters of the Outer Continental Shelf (OCS). The legislation requires the Department of Interior to proceed with the Virginia lease sale no later than one year after passage […]

  • Marine seismic industry exploring energy transition arena

    19 February 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Technology, Transition

    As the world continues its race to a net zero future, identifying potential carbon and hydrogen storage sites as well as deep-sea mineral deposits will be vital to meet emissions abatement targets for 2050 and beyond. Existing and future marine seismic data can massively improve assessments of the seabed for offshore construction and installations of […]

  • Lankford: Exporting Abundant Gas Resources Strengthens U.S. National Security

    1 May 2014

    Representative James Lankford (R-OK), Chairman of the House Oversight Committee’s Subcommittee on Energy Policy, Health Care and Entitlements, on Wednesday conducted a hearing entitled, “Examining the Effects of Liquefied Natural Gas Exports on U.S. Foreign Policy.” The hearing focused on the role of Liquefied Natural Gas (LNG) exports in U.S. national security policy. “As the top producer of natural gas in […]

  • Dolphin Drilling gets rid of 1975-built semi-sub rig

    15 March 2024
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Dolphin Drilling has decided to sell one of its semi-submersible rigs for scrap to further enhance its fleet.

  • Hyperdynamics Sells Shares to Boost Its Exploration Program Offshore Guinea

    4 November 2010
    Business & Finance

    Hyperdynamics Corporation  announces that it has entered into a $30 million definitive private placement agreement to sell 15 million common shares at a price of $2.00 per share to funds managed by affiliates of BlackRock, one of the world’s preeminent investment management firms. The closing of the private placement is subject to the satisfaction of […]

  • Philippines: CST Bluemax Subic to Dredge Olongapo River

    22 July 2013
    Business & Finance

    Subic Freeport locator CST Bluemax Subic Inc. has offered to dredge the river channel of Olongapo for free in an effort to improve the city’s defense against severe flooding. Subic Bay Metropolitan Authority (SBMA) Chairman Roberto Garcia announced the proposal during his courtesy call to newly installed Mayor Rolen Paulino. “The company will dredge the […]

  • Total Sells Shah Deniz Interest for $1.5 Bln

    30 May 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Total has signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned E&P company. The transaction is valued at $1.5 billion and is subject to customary approvals. “The sale of our interest in Shah Deniz is in line with Total’s active portfolio […]

  • EU to ban export of oil exploration technology to Russia

    30 July 2014

    The European Union Council’s Committee of Permanent Representatives (Coreper) yesterday reached agreement on EU restrictive measures in view of Russia’s actions destabilising the situation in eastern Ukraine. In order to restrict Russia’s access to EU capital markets, EU nationals and companies may no more buy or sell new bonds, equity or similar financialinstruments with a maturity […]

  • Konecranes and Terex in Merger of Equals

    11 August 2015
    Business & Finance

    Two major port moving and lifting equipment manufacturers – Finland’s Konecranes Plc and U.S.-based Terex Corporation – have agreed to combine their businesses in a merger of equals and form a company to be called Konecranes Terex Plc, with an estimated combined 2014 revenues and EBITDA of EUR 7.5 billion (USD 10bn) and EUR 636 million (USD 845m) respectively.  Under […]

  • Crestwing takes Tordenskiold to rough seas

    20 November 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Danish company Crestwing has towed its prototype Tordenskiold wave energy device to its deployment site off northern Denmark ahead of upcoming installation.

  • USA: Vigor Builds Its Capital Assets, Invests in Workforce Development

    27 July 2012
    Business & Finance

    “There is a resurgence of the marine industry in the Pacific Northwest we haven’t seen for 20 to 30 years now,” said Vince Piscitello, Vice President of Business Development for Vigor Industrial LLC. “The oil and gas industry is really new to our area,” he said, although he expects to see it grow significantly with […]

  • AMCS: Seeney’s Call to Address UNESCO Will Not Fix Problems (Australia)

    6 June 2013
    Business & Finance

    The Australian Marine Conservation Society has said Mr Seeney’s comments that the Queensland Government would deal directly with UNESCO will not address the problems created by fast-tracking industrial development along the Great Barrier Reef. Felicity Wishart, Great Barrier Reef campaign director, said the World Heritage Committee wants the Queensland and Federal Governments to end the […]

  • Woodside admits merger discussions with BHP oil and gas business

    16 August 2021
    Business & Finance, Business Developments & Projects

    Australia’s energy major Woodside has admitted that it was ‘engaged in discussions’ with compatriot BHP for the acquisition of its entire petroleum business.