10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Eagle Bulk continues with fleet renewal as it buys scrubber-fitted pair

    29 December 2020
    Infrastructure, Vessels

    U.S.-based ship owner and operator Eagle Bulk Shipping is moving forward with its fleet rejuvenation programme as it has acquired two high-specification SDARI-64 scrubber-fitted Ultramax bulk carriers.

  • Oil Search in bid to take over InterOil. Pens MoU with Total

    20 May 2016

    Australia’s Oil Search has tabled a bid to acquire a 100 percent of InterOil, a company with assets in Papua New Guinea. The combination of the companies will increase Oil Search’s exposure to the “world-class” Papua LNG Project, which, the company says, is expected to be the next major LNG development in PNG, as well […]

  • Indonesia’s Pt Travira Air Buys Two Sikorsky Helicopters for Offshore Ops (VIDEO)

    27 March 2013
    Business & Finance

    Sikorsky Aircraft Corp. has announced that it has entered into agreements to sell two S-76D(TM) helicopters to PT Travira Air, a Jakarta, Indonesia-based charter airline company. Sikorsky, a subsidiary of United Technologies Corp. , made the announcement from the Langkawi International Maritime & Aerospace Exhibition. The purchase of the two S-76D aircraft represents the latest […]

  • Pioneer Marine CEO Steps Down

    28 February 2020
    Business & Finance

    Torben Janholt, CEO of Pioneer Marine, retiring.

  • NOL: No Deal on Sale Yet

    20 July 2015
    Business & Finance

    Following media reports on the potential sale of Singapore’s container shipping company Neptune Orient Lines Limited (NOL), the carrier said that no deal was struck yet. However, the company did not rule out the option on sale completely. Namely, as reported by World Maritime News last week, investment company Temasek Holdings Pte. Ltd, NOL’s majority stake owner, was […]

  • NOL: No Deal on Sale Yet

    20 July 2015
    Business & Finance

    Following media reports on the potential sale of Singapore’s container shipping company Neptune Orient Lines Limited (NOL), the carrier said that no deal was struck yet. However, the company did not rule out the option on sale completely. Namely, as reported by World Maritime News last week, investment company Temasek Holdings Pte. Ltd, NOL’s majority stake owner, was […]

  • First Valemax to Call at Chinese Port After Three-Year Ban

    2 July 2015
    Business & Finance

    China’s ban on very large ore carriers known as Valemaxes seems to have been officially lifted as the 400,000-dwt Valemax Yuan Zhuo Hai readies to call at Dongjiakou port, Qingdao China. The giant ship, owned by China Ore Shipping, has arrived off the coast of China’s Qingdao on Tuesday and is underway toward Dongjiakou where it is expected to arrive […]

  • SEFE and Equinor forge gas and hydrogen ties

    22 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    German Securing Energy for Europe (SEFE) and Norway’s energy major Equinor have signed a long-term gas sales agreement, as well as a non-binding letter of intent (LoI) on large-scale hydrogen supplies. Under the gas sales agreement, Equinor will supply SEFE with 111 TWh (circa 10 bcm) of natural gas per year from January 1, 2024, […]

  • Afren: Ogo Prospect Beats Pre-Drill Expectations (Nigeria)

    19 November 2013

    Afren plc and Partners Optimum Petroleum Development Ltd and Lekoil Limited announce the suspension of current drilling operations at the Ogo prospect located on the OPL 310 licence offshore Nigeria and an update on estimated gross mean recoverable resources, significantly ahead of pre-drill expectations.   OPL 310 is located in the Upper Cretaceous fairway that runs […]

  • Akastor sells business unit in $129M deal

    3 October 2016
    Business & Finance

    Oil service investment company Akastor has entered into a definitive agreement to sell Frontica Business Solutions, a service provider within the oil & gas industry, to Cognizant. Akastor is selling its business for a consideration of NOK 1,025 million (around $128.7M) on a debt- and cash-free basis. Frontica is comprised of the Information Technology Outsourcing […]

  • Noble, Delek to keep control over Leviathan

    26 June 2015
    Project & Tenders

    The U.S. independent oil and gas company Noble Energy together with Israeli Delek Group will be allowed to keep control of the giant natural gas deposit in the Mediterranean, the Leviathan field. According to Jerusalem Post, the Israeli security cabinet on Thursday unanimously voted in favor of an arrangement to allow the U.S.-Israeli consortium to […]

  • Norway: Read ASA Wins EWL Frame Contract from Statoil

    8 May 2011
    Business & Finance

      READ ASA has been awarded an Electrical Wireline (EWL) frame contract – Borehole Seismic services by Statoil for their exploration and production drilling operations on the Norwegian Continental Shelf (NCS) and internationally. It’s a long term contract with several extension options. READ has as a part of the contract been awarded borehole seismic data […]

  • EU’s Šefčovič blasts Turkey’s ‘illegal drilling activities’ off Cyprus

    5 July 2019
    Exploration & Production

    European Commission Vice-President for Energy Union Maroš Šefčovič has this week expressed support for Cyprus in light of Turkey’s “illegal drilling activities,” in the Mediterranean Sea.

  • Gamesa projects resumption of growth: sales of 4,000 MW in 2013, with over 15% annual growth (Spain)

    8 October 2010
    Business & Finance

    Business Plan 2011-2013 focuses on three strategic vectors: a reduction in the Cost of Energy (CoE), growth and improved efficiency. * Steady recovery in the EBIT margin (WTG), to 6%-7% in 2013. * Orders will provide a solid foundation for growth: backlog of 7,500 MW (including framework agreements) and orders of 719 MW through September […]

  • Vår Energi offloads stakes in five oil & gas fields for $51 million and DNO’s interest in its operated asset

    8 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Vår Energi has struck a deal with DNO Norge to divest its interests in five oil and gas fields in the Norwegian Sea.

  • IMO MEPC77 fails to revise current GHG target for 2050

    26 November 2021
    Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition, Vision

    The International Maritime Organization (IMO) failed to revise the current greenhouse gas (GHG) target for 2050 to speed up the decarbonization of the shipping sector.

  • Oversupply of Ships: Industry Should Sort Out Itself

    8 June 2017

    The oversupply of tonnage in the shipping industry should be left to sort out itself, it was concluded at a panel debate on Ship Oversupply and Accelerating Sustainable Recycling, held on June 6 in London, UK. Over the past eight years, the world fleet has grown by 50 percent in tonnage terms, which has become […]

  • The Netherlands: VOSTA LMG Celebrates 10 Year Anniversary

    16 February 2012
    Business & Finance

    VOSTA LMG BV is already 10 years operative. VOSTA LMG dredging technology is a merger between LMG Marine Technology Department and VOSTA BV. Although this was a new name in 2002, the company embodies 140 years of experience and expertise. Now, ten years later, VOSTA LMG has proven to be a serious partner in the […]

  • AWE ends divestment program with Tui sale

    13 December 2016
    Business & Finance

    Australian oil and gas company AWE has entered into an agreement to sell the company’s 57.5% interest in the Tui Area oil fields, offshore New Zealand, to Tamarind Management.  The transaction is subject to customary consents from the New Zealand Government and Tui Joint Venture. Under the terms of the agreement, Tamarind, established in August […]

  • Big Oil back on the acquisition trail as outlook brightens

    19 January 2017

    By Ron Bousso LONDON (Reuters) – The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and gas reserves rather than the mega-mergers that followed previous slumps in crude prices. Since late November, major oil companies have announced 11 deals worth more than $500 million (408 […]

  • Rig deals lift Transocean’s total backlog to $8.6 billion

    19 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Transocean has tucked under its belt new contracts and extensions in Norway and Australia for four rigs in its drilling fleet, raising its total contract backlog to $8.6 billion.

  • UK: Offshore catering workers vote for industrial action

    22 October 2015

    The article has been amended to include a statement by COTA ( 16:34 pm CET, October 22, 2015) Delivery of catering and ancillary services on rigs across the UK Continental Shelf could be stopped, as the workers employed by the offshore caterers are getting ready for an industrial action against their employers. The workers are […]

  • Statoil Farms Down 15 Pct Interest in Angola Block 39

    3 April 2014
    Business & Finance, Operations & Maintenance

    Statoil has signed an agreement to farm down a 15% interest to WRG Angola Block 39 Limited  (“WRG”) in the Statoil-operated block 39 offshore Angola in the Kwanza pre-salt basin. WRG is a 50/50 joint venture comprising White Rose Energy Ventures and Genel Energy plc. “This is part of Statoil’s active portfolio management. The farm-down […]

  • Norway: Baker Hughes to Provide Drilling Services for 25 Fields on NCS

    21 August 2012
    Project & Tenders

    Baker Hughes has been awarded an agreement with Statoil to provide integrated drilling services for 25 fields on the Norwegian continental shelf (NCS). The services will help meet Statoil’s expectations for enhanced drilling performance and service quality. The agreement with Baker Hughes will cover the delivery of directional drilling, measurement-while-drilling, logging-while-drilling, mud logging, including 24/7 […]

  • USA: House of Representatives Passes Virginia’s Offshore Energy and Jobs Act

    11 July 2013
    Authorities & Government, Human Capital

    On June 28, the House of Representatives passed the Offshore Energy and Jobs Act (H.R. 2231), which included language introduced by Representative Scott Rigell (VA-2) to pave the way for developing Virginia’s coastal energy. The House also passed an amendment by Rigell to move forward seismic testing in the Atlantic. The bill now goes to […]