10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Caterpillar to Provide Full Marine Propulsion Package Systems

    2 July 2013

    Caterpillar Inc.  has signed a definitive agreement to acquire Johan Walter Berg AB, including its core brand of Berg Propulsion, a leading manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships. With the acquisition, Caterpillar will transition from selling only engines and generators to providing complete marine propulsion package systems. Headquartered […]

  • Caterpilla Signs Agreement to Acquire Johan Walter Berg AB

    2 July 2013
    Business & Finance

    Caterpillar Inc. has signed a definitive agreement to acquire Johan Walter Berg AB, including its core brand of Berg Propulsion, a leading manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships. With the acquisition, Caterpillar will transition from selling only engines and generators to providing complete marine propulsion package systems. Headquartered […]

  • PGI: Kidnappings More Profitable Than Oil Theft

    24 February 2016

    Since mid-January there has been a notable uptick in reported incidents of piracy in the Gulf of Guinea, showing that pirates have given up on oil cargo theft and instead started kidnapping crew members for ransom, UK-owned risk management solutions provider Protection Group International (PGI) said. The analyst said that in January there were four recorded attacks on […]

  • Chevron to Get Hold Of Deepwater Interest Offshore Liberia

    9 September 2010
    Business & Finance

    Chevron Corporation announced that it has been granted approval by the Liberian government to acquire a 70 percent interest and operatorship in three deepwater concessions in Liberia. “We are very pleased to participate in Liberia’s emerging energy sector,” said Chevron Vice Chairman George Kirkland. “Entry into this large prospective offshore area allows us to advance […]

  • ANP Orders Chevron to Shut One Production Well at Frade Field Offshore Brazil

    2 December 2011
    Business & Finance, Operations & Maintenance

    Chevron Brasil Upstream Frade Ltda announced it has been ordered by Brazil’s National Petroleum Agency (ANP) to shut in one of its 11 production wells and four produced water injection wells at its off-shore Frade joint-venture Floating Production-Storage and Offloading (FPSO) facility. The move by the ANP follows the agency’s Nov. 23 to 25 safety […]

  • Australia: WestSide Enters into Gas Market Swap Agreement

    29 December 2011
    Project & Tenders

    WestSide Corporation Limited and Meridian SeamGas joint venture partner Mitsui E&P Australia Pty Ltd have executed an agreement to fast-track access to gas to aid fulfilment of existing contracts and reduce payments to remedy shortfalls. The agreement with a leading market participant provides the Meridian SeamGas joint venturers with flexibility on borrowed gas volumes during […]

  • Concerns Grow Over Abbot Point Plans

    4 December 2014
    Business & Finance

      The Australian Marine Conservation Society (AMCS) has today expressed concern that the new dredging and dumping plans for Abbot Point are being fast tracked and could be approved by Christmas. Felicity Wishart, AMCS Great Barrier Reef campaign director, said it was reprehensible that such a dangerous and risky development in a precious area right […]

  • Ferus Buys Stake in Alberta LNG Facility from Encana

    24 April 2014
    Project & Tenders

    Ferus Natural Gas Fuels completed the purchase of Encana Corporation’s 50 percent interest in the Elmworth, Alberta 190,000-litre per day LNG production facility, retaining key Encana technical and management personnel. Phase one of the Elmworth LNG facility, which was constructed as a 50/50 joint venture partnership between Ferus NGF and Encana, will be operational in […]

  • Glencore, Qatari fund ink deal to buy 20 pct of Rosneft

    12 December 2016

    Russian oil firm Rosneft has officially signed a deal to sell a 19.5% stake to Qatar Investment Authority, one of the world largest sovereign funds and Glencore, a commodities producer and trader. The sale, of which Offshore Energy Today  wrote last week, will see the consortium pay 10.2 billion euros for the stake. Under the […]

  • Four Companies Get USD 860,000 for Offshore Wind Research in Virginia

    28 March 2014
    Authorities & Government, Business & Finance, Research & Development, Technology

    Virginia Governor Terry McAuliffe has announced that four Virginia businesses have been selected for awards totaling $860,000 for research having a total value of more than $3 million that will give the Commonwealth a competitive advantage and accelerate the development of offshore wind power and its associated industry supply chain.   Alstom Power Inc, a global […]

  • Aker BP: NOAKA platform could be powered by offshore wind

    7 May 2018

    Norway’s Aker BP is working on what it says will be the first energy positive zero emissions field development on the Norwegian Continental Shelf – the NOAKA.

  • The clean energy pursuit: Speeding up build-out while continuing to innovate

    15 November 2023
    Innovation, Research & Development, Transition

    With an “all of the above” task in its hands, the offshore energy industry has found itself working on innovative and more efficient solutions and nature-inclusive projects, while at the same time trying to build as many new clean energy projects as possible to meet the targets.  

  • MacArtney to Strengthen Sales Capacity

    5 November 2013
    Business & Finance, Research & Development

    Encouraged by a steadily growing global demand for complete integrated underwater technology solutions, MacArtney is launching significant efforts to strengthen its system sales capacity. Supporting ocean science systems At the MacArtney Group it is recognised that providing system solutions is one of the core drivers in adding value to the market for ocean science. To […]

  • Step on the gas, pretty please

    1 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones.

  • Offshore Energy 2013: ‘Minimizing environmental impacts of oil and gas operations’

    22 October 2013

    The scientific community is trying to build on the lessons learnt both in terms of prevention and mitigation of consequences stemming from accidents such as the catastrophic Deepwater Horizon spill in the U.S. Gulf of 2010. Offshore Energy Exhibition & Conference in Amsterdam, The Netherlands last week featured the “Minimizing environmental impacts of oil and gas […]

  • Gazprom to Create Center for Russian Gas Supplies to Asia-Pacific in East

    20 June 2013

    The Gazprom Board of Directors approved the work being done by the Company to implement the Eastern Gas Program. The Company is intensely expanding its resource base in Eastern Russia and developing its production and transmission capacities. In particular, the Kirinskoye field pre-development is nearing completion. For the first time ever natural gas will be […]

  • Will a net-zero dash enable the UK to reap more benefits?

    10 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    New poll shows the majority of British people are in favor of hastening the UK’s net-zero aspirations, thus, more green policies are seen as a safe bet for winning incoming elections.

  • Oman Drydock to Introduce New LNG Repair Partnership at Posidonia

    13 May 2014

    Oman Drydock Company (ODC) is to formally launch a new partnership targeting the LNG carrier repair market at next month’s Posidonia trade fair in Greece, the company said in a statement. The new package is being launched with DSEC a subsidiary of Daewoo Shipbuilding and Marine Engineering Company Ltd (DSME), which is ODC’s official partner. […]

  • USA: Hornbeck Offshore to Sell Its Downstream Segment to Genesis Marine

    23 July 2013
    Business & Finance

    Hornbeck Offshore Services, Inc. announced yesterday that it has entered into a definitive agreement to sell substantially all of the assets and business of its Downstream segment’s tug and tank barge fleet to Genesis Marine, LLC, an affiliate of Genesis Energy L.P, for cash consideration of $230 million. Simultaneously with the execution of the definitive […]

  • Total Sells Its Interest in Nigerian Block to Sinopec

    19 November 2012
    Business & Finance, Operations & Maintenance

    Total announces that it has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash (subject to post-closing adjustments). The agreement is subject to approval by the Nigerian authorities. The OML 138 block contains the Usan […]

  • Covid-19 crisis setting the stage for restructuring of offshore drilling market

    16 June 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    There is a case to be made that the coronavirus crisis has been setting the stage for the restructuring of the offshore drilling market.

  • Plexus Reports Increased Financial Results (UK)

    23 October 2013
    Business & Finance

    Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2013. Results · Record revenue, EBITDA, profit before tax and profit after tax · 29.7% increase in revenue to £25.57m (2012: £19.71m) · […]

  • With $1.1 billion in the bag, Noble looks forward to reaping further benefits of tightening rig market

    4 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders

    Noble has won new contracts and extensions for multiple rigs in Guyana, Colombia, the U.S. Gulf of Mexico, and offshore Sarawak, Malaysia.

  • NPD: Discovery Rate Below Average in the First Six Months 2013 (Norway)

    28 June 2013

    The Norwegian Petroleum Directorate has announced that far this year, 28 exploration wells have been spudded on the Norwegian shelf. Of these, 19 were wildcat wells and nine were appraisal wells. Eight discoveries were made; six in the North Sea and two in the Norwegian Sea. “The past six months have been busy for the Norwegian […]

  • Ghana: Jubilee Field Production Delivers Record Cashflows to Tullow

    9 November 2011
    Business & Finance

    Tullow Oil plc (Tullow) issues the following Interim Management Statement, for the period 1 July to 8 November 2011, in accordance with reporting requirements of the EU Transparency Directive. The Group will announce its full year Trading Statement and Operational Update on 18 January 2012. Tullow has continued its strong performance in the second half […]