10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • 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.

  • Shipowners: Is This the Right Time to Buy?

    8 June 2016
    Business & Finance

    As the shipping industry continues sailing in a sluggish market, the shipowners are weighing the decision whether to buy ships while the prices are still low, it was said during the shipping exhibition Posidonia, taking place from June 6 to 10 at the Athens Metropolitan Expo. Seven shipowners, which took part in a poll on whether the time is […]

  • 2H Offshore Strengthens Global Management Team

    14 May 2019
    Business & Finance, Equipment, Operations & Maintenance

    2H Offshore, a riser and conductor specialist in subsea services group Acteon, has promoted Mike Campbell and Ricky Thethi to the role of global director. Campbell resides on 2H Offshore’s Houston management team. As global director, he is responsible for global technology and providing support to 2H Perth. Campbell joined the company in 1997 after […]

  • Sterling Sells 65 pct Interest in Portion of Midia Block in Romanian Black Sea

    22 October 2012
    Business & Finance, Project & Tenders

    Sterling Resources Ltd. announces that it has signed a sale and purchase agreement with ExxonMobil Exploration and Production Romania (“EMEPR”) and OMV Petrom for the sale of its 65 percent interest in a portion of the Block 15 Midia in the Romanian Black Sea (the “Sale Portion”). The Sale Portion is on the southeastern margin […]

  • 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.

  • 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 […]

  • PHI Group, AQuarius bring new wave energy technology to Europe

    10 October 2017
    Research & Development

    PHI Group has signed a new Memorandum of Understanding (MoU) to broaden the scope of cooperation with AQuarius Power and provide land-based renewable wave energy to Europe. PHI and AQuarius will form a joint venture company which will have the exclusive right to sublicense, sell, build, own and/or operate the AQuarius wave energy systems in […]

  • Solstad Offshore to sell subsea vessel to Fugro

    14 February 2017
    Business & Finance

    Norwegian offshore shipping company Solstad Offshore has agreed to sell its subsea construction support vessel REM Etive to Fugro. Solstad said on Tuesday that the sale would be effective upon the completion of the existing contract and that the delivery to new owners would take place during the second quarter of 2017. Solstad did not reveal […]

  • Statoil Reduces Power Cost of Its Hywind Maine Project, USA

    21 January 2013
    Authorities & Government, Business & Finance

    Statoil North America has revised its proposal for the Hywind Maine offshore wind project by reducing the cost of energy to ratepayers, which was an obstacle for the company to get an approval for the project from the Maine Public Utilities Commission (PUC). Energy cost in the revised proposal is reduced from USD 290/MWh to […]

  • Saratoga Excited by Its New Gulf of Mexico Leases Potential

    17 December 2013

    Saratoga Resources, Inc. has announced that it has received independent, third-party audited reserve estimates on two of its shallow Gulf of Mexico leases, awarded earlier this year.   Saratoga contracted with DeGolyer and MacNaughton to provide independent, third-party reserve estimates on its recently acquired shallow Gulf of Mexico properties. Estimates of reserves were prepared in […]

  • WGC Paris set to tackle urgent energy challenges

    22 April 2015

    With thousands of delegates already registered to attend, the 26th World Gas Conference is shaping up to be a pivotal event for the energy sector in 2015. As one of the industry’s most important gatherings, the event has already attracted participation from more than 100 countries and 600 organisations, with delegates representing technical, engineering, strategic […]

  • Oil and Gas Companies Join Forces in Driving Australia’s Technology Development

    17 February 2012
    Business & Finance, Research & Development

    Major oil and gas companies have formed a dedicated cluster group to collaborate on identifying common technology challenges and potential solutions pertinent to the industry in Australia. Established by global technology facilitator, ITF, nine operators and international service companies including Chevron, ConocoPhillips, Shell, Total, Woodside, GE Oil & Gas and Siemens have joined the Perth […]

  • Expert Commission Established on Energy Regulation in Independent Scotland

    8 July 2013
    Authorities & Government

    Energy Minister Fergus Ewing yesterday announced the establishment of an Expert Commission on Energy Regulation in an independent Scotland. The Commission will be chaired by Robert Armour OBE, an energy lawyer working in the power sector in Scotland for the last 30 years, and will include a broad membership from across the public and private […]

  • 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.

  • 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, […]

  • Dolphin Drilling reveals refinance plan for 35-year-old rig

    5 May 2025
    Business & Finance, Business Developments & Projects

    Dolphin Drilling has tweaked the terms of the deal for its multimillion-dollar facility agreement with security, among other things, over the 1990-built semi-submersible rig it acquired from Transocean, providing for amortization relief of the installments payable for the three months from April to June 2025.

  • May momentum builds for Wallenius Wilhelmsen

    5 May 2025
    Business & Finance, Business Developments & Projects

    The beginning of May has been busy for Norwegian shipping and logistics company Wallenius Wilhelmsen as it completed two major business transactions.

  • The Netherlands: Groot Ship Design Scores Its Biggest Design Order

    16 May 2012

    Yesterday at Kuala Lumpur (Malaysia) a unique contract was signed between Groot Ship Design from Leek (the Netherlands), Sundong shipyard (Korea) and owner PBHH/BH livestock Vessel SDN BHD (Malaysia) for the design and delivery of two types of livestock carriers. Of each type the Korean yard will build 5 vessels for PBHH/BH Livestock. Sungdong requested […]

  • Irish offshore wind farm seeks Tier 1 contractors

    7 February 2022
    Business & Finance, Project & Tenders

    SSE Renewables has issued contract notices seeking Tier 1 contractors for the Arklow Bank Phase 2 wind farm project offshore Ireland. Arklow Bank Wind Park Phase 2 is located approximately 6 to 15 kilometres off the coast of Arklow, Co. Wicklow and covers an area approximately 27 kilometres long and 2.5 kilometres wide. The wind […]

  • Norway: Kvaerner Invests in Upgrade of Stord Facilities

    8 May 2012
    Business & Finance, Equipment, Operations & Maintenance

    Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million in upgrades of its facilities at Stord. The major investments will be increased lifting and trailing capacity, including a new Goliath gantry crane. “We have won some major contracts and are preparing for future growth in our home […]

  • 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 […]

  • 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 […]

  • 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).