10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Australia: Mermaid Marine Profit Up 37 pct

    17 August 2011
    Business & Finance

      The Directors of Mermaid Marine Australia Ltd announced another year of strong earnings growth. Net Profit after Tax (NPAT) for the year increased by 37% to $43.2 million and Earnings per Share (EPS) increased by 24% to 21.1c per share . The Directors also announced a final dividend of 5c per share taking the […]

  • Azinor spins drill bit at Partridge

    15 August 2017
    Exploration & Production, Project & Tenders

    Azinor Catalyst, the Seacrest Capital Group-backed E&P company focused on the UK Continental Shelf, has started drilling an exploration well at the Partridge prospect in the UK sector of the North Sea.  Azinor informed that the 14/11a-2 well on the Partridge prospect was spudded at approximately 6.30 am on August 15, 2017, using the Ocean Guardian semi-submersible […]

  • Norway: Decision Regarding Activity off Lofoten and Vesteralen Has Yet to be Taken

    11 March 2011
    Business & Finance

        The Norwegian government decided on 11 March to gather more facts relevant to a possible future impact assessment for Lofoten and Vesterålen. At the same time the government has decided not to carry out an impact assessment for the duration of the current Storting. “The government’s decision is not the one that Statoil […]

  • Statoil prepares ‘major’ exploration campaign in Barents Sea

    30 August 2016

    Norwegian oil company Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017. During the past months, Statoil has increased its share in several licenses in the Norwegian part of the Barents Sea through agreements with Point Resources, DEA, OMV, and ConocoPhillips. Statoil has increased its interest in five […]

  • EnQuest in talks with Delek for Kraken stake sale

    18 July 2016

    UK-based exploration and production company EnQuest has informed that it is holding discussions with Israel-based Delek Group for the sale of 20% interest in the Kraken development in the UK sector of the North Sea.  Kraken is a large heavy oil accumulation located in the East Shetland basin, to the west of the North Viking […]

  • Putin: Russia Needs to Consider Gradual Liberalization of LNG Exports

    14 February 2013

    “Building modern LNG facilities takes up to 5-7 years, sometimes even up to 10 years. We have to put all the right conditions in place for developing this sector. This includes reflecting on possible gradual liberalization of LNG exports and organizing production of the required technical equipment here in Russia.” Vladimir Putin said at the […]

  • US firm offloads additional stake in big offshore oil field to Mexican conglomerate

    17 December 2024
    Business & Finance, Business Developments & Projects

    Talos Energy has made arrangements to divest more interest in its subsidiary, Talos Mexico, which holds an interest in a giant oil field off Mexico, to Zamajal, a subsidiary of the Mexico-headquartered Grupo Carso conglomerate.

  • US to shield taxpayers from decom costs by strengthening financial assurance for offshore oil & gas

    30 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation

    Wheels are in motion to put better safeguards in place to protect U.S. taxpayers from being forced to pay decommissioning costs.

  • REM Offshore founder buys Forland vessels

    24 October 2017

    Norway’s offshore vessel owner Forland Shipping will sell its fleet of two subsea vessels to Nord Vest AS, a company run by Age Remoy, founder of REM Offshore, a company that recently became part of Solstad Farstad. Forland has found itself in a tight spot as it has been unable to keep its vessels – […]

  • Will Chevron’s Noble Energy swoop trigger a wave of M&A deals in oil & gas sector?

    21 July 2020
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    What will happen next in the upstream M&A and what direction will it take? Is now the time to go on the first buying spree after the COVID-19 outbreak and get the high-value goods at a bargain price? Chevron might agree.

  • Climate policies should focus on demand as falling costs make new oil cheaper to produce, Rystad says

    17 November 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    An analysis of the annual cost of supply by Rystad Energy has revealed that costs within the upstream sector have come down considerably in 2021.

  • After finding gas in one UK North Sea well, Petrogas moves to drill another

    13 November 2024
    Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Petrogas North Sea, a subsidiary of Oman-based Petrogas E&P, has made a gas discovery in an exploration well in the Southern North Sea.

  • TotalEnergies’ massive North Sea project days away from gas production capacity at full throttle

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

    TotalEnergies is drawing closer to its goal of increasing output at its natural gas redevelopment project in the Danish sector of the North Sea to its full technical capacity.

  • First Exploration Licence in Malaysia for GDF SUEZ

    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 (Offshore Malaysia) Sdn. Bhd. (40%), the operator of the block, and PETRONAS Carigali Sdn. Bhd. (40%). GDF SUEZ holds 20% participating interest in the license. The license has been recently awarded by […]

  • Oil & gas reinforces Australia’s budget surplus while throwing support behind net-zero agenda

    11 May 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The oil and gas industry has helped underpin the latest Western Australian (WA) budget surplus while backing net-zero measures.

  • Equinor to award $380 million worth of contracts for inspection services

    15 November 2019
    Business & Finance

    Equinor has chosen suppliers for inspection services on all offshore installations on the Norwegian continental shelf and onshore plants in Norway.

  • Norway: Statoil Submits Dagny Field Development Plan

    21 December 2012
    Business & Finance, Operations & Maintenance

    Statoil and the partners in the Dagny field in the North Sea submitted the Plan for Development and Operation (PDO) to the Ministry of Petroleum and Energy. The development concept consists of a fixed platform to be tied in to the Sleipner field for gas export. The oil will be transported by tankers. The recoverable […]

  • Neptune takes over operatorship of Fenja field development

    10 December 2018
    Business & Finance

    Neptune Energy has taken over the operatorship of the Fenja field development located offshore Norway. 

  • HHLA, Port of Braunschweig partner up on eco-friendly inland waterway shipping

    23 July 2020
    Business Developments & Projects, Environment, Infrastructure, Ports & Logistics

    Last week, HHLA and Hafenbetriebsgesellschaft Braunschweig mbH signed a strategic partnership agreement to promote environmentally friendly transport between Hamburg and the inland port in Lower Saxony.

  • VIDEO: First Johan Sverdrup jacket heads to North Sea

    24 July 2017
    Project & Tenders

    Oil company Lundin Norway has informed that the first steel jacket for the Johan Sverdrup field center left the shipyard in Verdal and has set a course for the North Sea, off Norway.  Statoil is the operator of the Johan Sverdrup development with a working interest of 40.0267 percent. The license partners are Lundin Norway, […]

  • Statoil divests share in blocks offshore Angola

    3 July 2014

    Norwegian oil company Statoil is divesting equity in blocks 38 and 39 in the Kwanza basin offshore Angola.

  • Rosneft to buy share in North Atlantic Drilling

    26 May 2014
    Business & Finance

    Rosneft, North Atlantic Drilling Ltd. and Seadrill Limited signed an Investment and Cooperation Agreement at the 18th St. Petersburg International Economic Forum to form a long-term partnership with a view to capture the opportunities in developing Rosneft’s offshore and onshore projects until at least 2022. The signing ceremony was led by Vladimir Putin, the President […]

  • Norway: Aldous/Avaldsnes One of Largest Discoveries Ever, Statoil Says

    21 October 2011
    Business & Finance

    Statoil ASA , together with partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS, has confirmed significant additional volumes in its appraisal well in the Aldous Major South discovery (PL265) in the North Sea. The results of appraisal well 16/2-10 have increased production license PL265 estimates to between 900 million and 1.5 billion […]

  • Dragon Oil Reports Solid Production Performance (UAE)

    16 July 2013
    Business & Finance, Project & Tenders

    Dragon Oil plc, an international oil and gas exploration, production and development company, today issues an operational update and financial highlights for the six months’ period ended 30 June 2013.  Key operational highlights are: – 15% increase in average daily production rate at approximately 73,600 barrels of oil per day (“bopd”) in 1H 2013 compared […]

  • Aker Solutions Opens Office in Gothenburg, Sweden

    12 September 2011
    Business & Finance

    International oil services company Aker Solutions takes its subsea business to Sweden through establishment of an office in Gothenburg. The objective is to tap into the Swedish engineering market to help further grow Aker Solutions’ subsea business. The global subsea oil and gas market is expected to grow significantly over the next decades, driven particularly […]