10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Total outshines all peers in a year of cost cuts, Rystad reveals

    29 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Total outshined all other peers and also was the only major to replace all of the year’s produced resources, according to Rystad Energy.

  • 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 […]

  • Umbilicals International Sets Up Rosyth Base

    8 June 2018
    Business & Finance, Equipment, Operations & Maintenance

    Umbilicals International has opened its doors to a new facility in Rosyth, Scotland, heralding the move as purposeful and optimistic during tough market recovery. The 750sqm facility will support commercial diving operations, through terminating, testing and selling stock umbilicals. The site is close to the Rosyth quayside, and should help facilitate the company’s growth plans […]

  • 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.

  • 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 […]

  • SOCO: All conditions met for Angola asset sale

    1 October 2018

    London-listed oil company SOCO International has said all conditions for the previously announced sale of its Angola assets have been met

  • 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 […]

  • 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, […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Fugro Eyes Seabed Geosolutions Exit

    31 July 2019
    Business & Finance, Equipment, Operations & Maintenance

    Fugro is looking to sell its stake in Seabed Geosolutions, a joint venture company with French seismic player CGG. The Dutch subsea and survey specialist said it has stepped up its efforts, in consultation with its co-shareholder, to divest its 60 per cent interest in ocean bottom seismic specialist formed in 2013. According to Fugro, multiple […]

  • TotalEnergies offloading stakes in mature NCS fields to Vår and Orlen

    1 October 2025
    Business Developments & Projects

    France’s energy giant TotalEnergies has sold its interests in three fields offshore Norway to Vår Energi and ORLEN Upstream Norway, a subsidiary of Poland’s ORLEN.

  • USA: Helix Announces Oil Discovery at Wang Well in Gulf of Mexico

    19 December 2012
    Business & Finance, Operations & Maintenance

    Helix Energy Solutions Group today announced an oil discovery at the Wang exploration well in the Phoenix Field located in Green Canyon Block 237, approximately 93 miles off the Louisiana coast. The Wang exploration well encountered more than 100 feet of high quality net oil pay. Johnny Edwards, President of Energy Resource Technology GOM (ERT), […]

  • Mitsui divests Marcellus shale gas interest

    22 December 2016

    Mitsui & Co. informed that its United States unit, Mitsui E&P agreed to sell a part of its interest in the Marcellus shale gas project in the state of Pennsylvania, to Alta Resources Development for US$207 million.

  • Report: HHI to Formally Acquire DSME, Final Deal Expected in March

    12 February 2019
    Business & Finance

    Hyundai Heavy is to sign a formal deal to acquire compatriot rival DSME.

  • Team Tankers Sees Major Return to Profit

    18 March 2016
    Business & Finance

    Bermuda-headquartered chemical tanker owner and operator Team Tankers International has seen a major return to the black during 2015 as the company reported its net profit at USD 455.4 million, compared with a net loss of USD 188.6 million in 2014. Due to a flourishing tanker market over the year, Team Tankers said it experienced increased activity and […]

  • Total sells stake in Shah Deniz field for $1.5B

    30 May 2014
    Business & Finance

    Total today 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.

  • Euronav, Bretta Pull the Plug on Suezmax JV

    20 May 2016
    Business & Finance

    Belgium’s tanker owner and operator Euronav NV has agreed with Bretta Tanker Holdings Inc. (Bretta) to terminate their Suezmax joint venture. The joint venture covers four Suezmax vessels: the Captain Michael (2012 – 157,648 dwt), the Maria (2011 – 157,523 dwt), the Eugenie (2010 – 157,672 dwt) and the Devon (2011 – 157,642 dwt). As stipulated […]

  • Syriza Bins Piraeus Port Sale, Targets Shipping Sector

    28 January 2015
    Business & Finance

    Greece’s new government led by the left-wing party Syriza plans to stop the sale of a majority stake in the Port of Piraeus, for which the old government already shortlisted China Ocean Shipping Company (Cosco) and four other companies, Reuters reports.     Thodoris Dritsas, Syriza party member believed to be the next minister for shipping, told Reuters that […]

  • 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 […]