10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • The Netherlands: SBM Offshore Sells GustoMSC for USD 185 Mln

    13 November 2012
    Business & Finance

    SBM Offshore N.V. has agreed to the sale and transfer of GustoMSC, to Parcom Capital, a private equity group, for a consideration of approximately US$ 185 million. The purchase price will be paid in cash at closing. The sale is a first step in the divestment program for non-core assets of approximately US$ 400 million […]

  • Gas Recovery from South Pars Reaches 500 Bcm, Iran

    23 January 2013

    Iran has recovered 500 billion cubic meters (bcm) of natural gas over the past 15 years from the giant offshore South Pars Gas Field which it shares with Qatar in the Persian Gulf, Iranian Oil Ministry data show. The official data indicated that Iran is recovering 285 to 300 million cubic meters (mcm) of natural […]

  • Aker BP to merge with Lundin Energy in bid to create leading E&P player of the future

    21 December 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition, Vision

    Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future.

  • USA: Virginia Jobs and Energy Act Introduced, Hastens Offshore Wind Development

    1 May 2013
    Authorities & Government, Human Capital

    Representative Scott Rigell (VA-2) introduced the Virginia Jobs and Energy Act (H.R. 1782) on Friday to open the Outer Continental Shelf (OCS) off the coast of Virginia for energy development. Original co-sponsors of the bill include Virginia Representatives Rob Wittman (VA-1), Robert Hurt (VA-5), and Morgan Griffith (VA-9). Governor Bob McDonnell and Virginia’s U.S. Senators, […]

  • Bio lubricants conquer the market

    12 December 2024
    Certification & Classification, Environment, Exploration & Production, Research & Development

    The market for biodegradable lubricants is continuously evolving and plays a crucial role in national and European objectives to reduce the risks of environmental pollution. A key player in this innovative market is Van Meeuwen Lubrication, an internationally operating family business that provides essential lubrication solutions across various industries, including the offshore and maritime sectors. […]

  • Fresh multimillion-dollar gigs take TechnipFMC to Petrobras’ oil fields in Brazilian waters

    20 September 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    TechnipFMC has landed two new subsea assignments with Brazil’s state-owned energy giant Petrobras, allowing it to work on three offshore oil fields in the Brazilian pre-salt area.

  • Biofuels accelerate UECC’s decarbonization journey

    13 June 2024
    Infrastructure, Outlook & Strategy, Transition, Vessels

    Norway-based RoRo transportation provider United European Car Carriers (UECC) said it is on track to exceed its goal of a 45% emissions reduction by 2030 after more than doubling biofuel usage across its fleet last year.

  • In focus: Heatwaves everywhere, but winter is coming

    12 August 2022
    Business & Finance, Infrastructure, Outlook & Strategy, Regulation & Policy, Technology

    The words energy transition were on everybody’s lips in the last couple of years, but policymakers from European countries now see that in the short term energy security is more relevant than an energy transition.

  • Interview: Thirty years of development of subsea wet gas compressor

    7 October 2015
    Equipment

    In anticipation of Offshore Energy Exhibition and Conference 2015 (OEEC), taking place in Amsterdam next week, Offshore Energy Today had an interview with Mr. Arne Birger Olsen, Director Sales – ECR at OneSubsea, a company that provides integrated solutions, products, systems and services for the subsea oil and gas market. Olsen will be one of […]

  • Helmerich & Payne’s $2 billion KCA Deutag acquisition secures rig fleet boost and top spot in largest oil & gas regions

    25 July 2024
    Business & Finance, Business Developments & Projects

    In pursuit of further growth and diversification, Helmerich & Payne (H&P) has embarked on a business combination with KCA Deutag.

  • Elliott attempting to prevent Chevron’s takeover of Noble Energy

    10 September 2020
    Business & Finance, Business Developments & Projects

    Paul Singer’s investment management firm Elliott Management will push for Noble Energy to abandon its plans to sell itself to oil major Chevron, believing that the deal undervalues the oil and gas producer.

  • New FPSO achieves first oil at Petrobras’ third largest field offshore Brazil (Gallery)

    30 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petrobras has put into operation another floating production, storage, and offloading (FPSO) vessel, which is working at the firm’s third-largest oil field in the Santos Basin off the coast of Brazil.

  • Lundin Sets 2014 Capex at USD 2.1 Bln

    8 January 2014
    Business & Finance

     Lundin Petroleum AB (Lundin Petroleum) announces its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which represents a 25 percent increase on forecast 2013 development expenditure. The 2014 budgeted expenditure on exploration activity is USD 380 million which is approximately […]

  • Report: Hanwha, KSOE eye controlling stake in STX Heavy Industries

    28 December 2022
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Technology, Transition, Vessels, Vision

    South Korea’s defense and energy conglomerate Hanwha Group is reportedly looking to acquire a controlling share in compatriot marine engine maker STX Heavy Industries. Hanwha has set sights on buying a 47.81 percent share in the company from a local equity firm Pinetree Partners worth an estimated KRW 100 billion ($78.9 million), the Korea Economic […]

  • Hess swings to profit amid higher oil & gas prices

    26 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production

    U.S. oil and gas company Hess Corporation has returned to profit in the fourth quarter of 2021, driven by higher oil and gas prices

  • BP wraps up sale and leaseback of Greater Tortue Ahmeyim FPSO

    9 August 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    Oil major BP has completed the transaction for the sale and leaseback of the Greater Tortue Ahmeyim floating, production, storage, and offloading vessel (FPSO).

  • Bankruptcy court approves Noble’s reorganization plan

    23 November 2020
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Noble Holding Corporation has received approval from a bankruptcy court for its reorganization plan.

  • Eni stops Australian assets sale amid lack of satisfactory bids

    5 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Italian oil and gas company Eni has reportedly put on hold its sale of Australian gas assets due to a lack of satisfactory bids.

  • Top News of The Week October 11-16, 2013

    17 November 2013

    Allseas to Build Vessel Larger Than ‘Pieter Schelte’ Swiss-based Allseas has decided to build a second single-lift platform installation and decommissioning  vessel. The new vessel, larger than Pieter Schelte, can remove all platform topsides in the North Sea which are beyond the capability of Pieter Schelte. Besides decommissioning, the vessel is designed for worldwide installation of […]

  • GDF SUEZ Obtains 20 Pct in Block 2F Licence Off Malaysia

    19 September 2013

    GDF SUEZ has jointly entered the offshore deep water exploration Block 2F in Malaysia in partnership with JX Nippon Oil & Gas Exploration (40 %), the operator of the block, and PETRONAS Carigali (40 %). GDF SUEZ holds 20% participating interest in the license. The license has been recently awarded by PETRONAS, the national oil […]

  • UK: Expro Sells Connectors & Measurements (C&M) Business

    20 March 2012
    Business & Finance, Storage

    Arle Capital Partners today announces that portfolio company Expro International “Expro”, the international oilfield service company, 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 […]

  • Safe Bulkers bolsters fleet with Phase 3 – NOx Tier III Kamsarmax newbuild

    11 January 2024
    Business Developments & Projects, Green Marine, Vessels

    New York-listed dry bulk owner Safe Bulkers has entered into a deal to acquire an 82,000 dwt Kamsarmax bulker with a scheduled delivery date within the third quarter of 2026. According to Safe Bulkers, the newbuild vessel is designed to meet the Phase 3 requirements of Energy Efficiency Design Index related to the reduction of greenhouse gas […]

  • Vantage closes sale of three jack-up rigs

    1 June 2022
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Vantage Drilling has completed the sale of its subsidiary holding three jack-up rigs to ADES.

  • CIP to sell Beatrice stake to TRIG and Equitix

    15 January 2021
    Business & Finance, Business Developments & Projects

    Copenhagen Infrastructure Partners (CIP) is selling its 35 per cent stake in the 588 MW Beatrice offshore wind farm to The Renewables Infrastructure Group (TRIG) and funds managed by Equitix Investment Management Limited. TRIG has exchanged contracts with CIP to acquire an equity interest of 17.5 per cent in the project. Funds managed by Equitix […]

  • SapuraOMV to sell assets off Peninsular Malaysia for $9 million

    30 April 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    SapuraOMV, formed through a deal between Malaysia’s Sapura Upstream and Austria’s OMV, has agreed to sell its entire interests in producing assets located offshore Peninsular Malaysia to Jadestone Energy.