10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • EU Funds Two Spanish Floating Offshore Wind Projects with EUR 67.4 Mln

    9 July 2014
    Authorities & Government, Business & Finance, Research & Development, Technology

    The European Commission yesterday awarded €1 billion funding to 19 projects to fight climate change under the second call of the so-called NER 300 funding programme. The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading System. This makes the polluters the driving force behind developing new low-carbon […]

  • Xcite Energy raises cash to fund Bentley development

    16 June 2014
    Business & Finance

    Xcite Energy has announced the successful placing of US$140 million through the placing of senior secured bonds (the “Bonds”) issued by its 100% UK subsidiary Xcite Energy Resources Limited ( “XER”) and a private placement of shares in the Company (the “Shares”) to new investors. The net proceeds from the bond issue (the “Bond Issue”) […]

  • Areva, Gamesa Negotiate Joint Venture in Offshore Wind

    21 January 2014
    Business & Finance

    It is official: Areva and Gamesa are entering into exclusive negotiations to create a 50/50 joint-venture company in the field of offshore wind power.  The companies announced this yesterday via official press release, just a couple of days after the rumors about their joint venture had come out in the media. They stated that, from […]

  • 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.

  • 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.

  • 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 […]

  • USA: Emerson Introduces Industry*s First Integrated System for ROV Replacement of Sensors Subsea

    27 August 2010
    Equipment

    Emerson Process Management announced the introduction of the first industry-wide system designed to enable remote retrieval and replacement of sensors mounted on subsea production equipment, utilizing a standard subsea Remote Operated Vehicle (ROV). Emerson will go a step further and donate significant intellectual property (IP) for the interface to the industry to enable wide-spread adoption […]

  • With stakes in North Sea oil & gas fields, Longboat JAPEX adds first producing assets to its portfolio

    1 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Longboat JAPEX Norge has brought an acquisition to an end, enabling it to get its hands on its initial producing assets offshore Norway. 

  • Partners sanction phase two of Ærfugl project offshore Norway

    11 November 2019
    Project & Tenders

    Partners in the Ærfugl project in the Norwegian Sea have decided to proceed with Phase 2 of the project, three years ahead of the original plan.

  • OGA Releases New UKCS Seismic Data

    27 November 2017
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    The Oil and Gas Authority today released the results of the £20 million UK Government-funded seismic programme to promote exploration activity in under-explored areas of UK Continental Shelf. This data will support the forthcoming 31st offshore licensing round which will open in mid-2018. This dataset is now available to industry and academia, and contains close […]

  • TotalEnergies and QatarEnergy expand their footprint in Africa’s Orange Basin

    30 August 2024
    Business & Finance, Business Developments & Projects

    TotalEnergies and QatarEnergy have increased their presence in the Orange Basin with more offshore acreage by getting interests in a block off the coast of South Africa ahead of offshore exploration activities on this block.

  • Statoil Opens New Research Centre for Improved Oil Recovery

    26 June 2014
    Business & Finance, Research & Development

    Minister of petroleum and energy Tord Lien opened Statoil’s new research centre for improved oil recovery (IOR) at Rotvoll in Trondheim, mid-Norway. A key element in reaching Statoil’s 60% recovery rate ambition on the Norwegian continental shelf (NCS) is now in place. Statoil’s head of research Lars Høier underlined the importance of research and technology […]

  • Lekoil, Partners Stop Ogo Prospect Drilling Ops (Nigeria)

    19 November 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Lekoil, the oil and gas exploration and development company with a focus on Nigeria and West Africa, and its partners Afren plc and Optimum Petroleum Development Ltd, announces the suspension of current drilling operations at the Ogo prospect located on the OPL310 licence offshore Nigeria and a significant upgrade to estimated gross mean recoverable resources […]

  • Areva, Gamesa Negotiate Joint Venture in Offshore Wind

    21 January 2014
    Business & Finance

    It is official: Areva and Gamesa are entering into exclusive negotiations to create a 50/50 joint-venture company in the field of offshore wind power.  The companies announced this yesterday via official press release, just a couple of days after the rumors about their joint venture had come out in the media. They stated that, from […]

  • Presenting WES funded wave energy materials R&D projects

    18 January 2017
    Authorities & Government, Business & Finance, Research & Development, Technology

    Wave Energy Scotland has released a detailed description of projects that have benefited from its latest funding call focused on innovative materials and processes for wave energy devices.

  • Shipowner to be taken to court over damage of Finland-Estonia subsea link

    3 March 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety

    Estonian transmission system operator (TSO) Elering and its Finnish counterpart Fingrid have withdrawn the request to seize the ship that broke the EstLink 2 power connection in December 2024 for compensation for damages, and plan to sue the shipowner for compensation for repair costs. To remind, Fingrid reported to the authorities on December 25, 2024, […]

  • Australia’s east coast LNG producers working with govt on domestic supply shortages

    13 September 2018

    Australia’s east coast liquefied natural gas (LNG) exporters have agreed to further work with the Federal Government to help counter domestic gas supply shortages. Resources Minister Matt Canavan on Wednesday met with the east coast gas producers at a second Ministerial roundtable meeting aimed at “securing reliable and affordable domestic gas supplies for Australian users,” […]

  • Troubled offshore driller to see no more money coming in from biggest shareholder

    25 January 2019
    Exploration & Production

    Dolphin Drilling’s main shareholder, Bonheur, has decided it will no longer contribute any money in the troubled offshore driller.

  • Windstream Energy to Build Ontario’s First Offshore Wind Farm (Canada)

    19 January 2012

    Windstream Energy has announced its decision to build Ontario’s first contracted offshore wind power project in the Hamilton area. At a press conference yesterday organized by the Lake Ontario Offshore Network, Windstream announced preliminary agreements with Bermingham Foundation Solutions, Walters Group, McKeil Marine and the Hamilton Port Authority to build its 300 MW Wolfe Island […]