10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Ithaca Energy reaches record earnings

    31 March 2014
    Business & Finance

    Ithaca Energy Inc. releases its financial results for the twelve months ended 31 December 2013, independently assessed year-end reserves and an operations update. Les Thomas, Chief Executive Officer commented: “2013 marked a step-change in the development of the Company. Production, cashflow and reserves were all materially enhanced through the acquisition of Valiant. Significant progress and […]

  • Gazprom Reviews Development Strategy Over Long-Term Period (Russia)

    30 October 2013

    The Gazprom Board of Directors took note of the information concerning the Company’s development strategy over a long-term period. The meeting highlighted that establishment of Gazprom as the leader among global energy companies was its main strategic goal. This goal is attained by diversifying products and sales markets, enhancing the reliability of supplies, higher performance […]

  • Dredge Efficiency Study from DSC

    14 November 2014
    Business & Finance, Equipment, Technology, Vessels

    As a dredge moves farther away from the discharge point, the pump speed is increased to maintain a proper slurry velocity within the pipeline. Once maximum pump speed has been achieved, further increasing the discharge distance causes the cost-per-ton of material moved to rise, while production declines. Of course, there is always a cost involved […]

  • Valaris builds on ‘contracting success’ from 2022 with new floater and jack-up deals in 2023

    21 February 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has revealed a robust performance during 4Q 2022 while kicking off 2023 with new contracts and extensions for its rig fleet.

  • New Fortress to sell Porto de Sergipe LNG-to-power plant to Eneva

    2 June 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    U.S. energy company New Fortress Energy has agreed to sell 100 per cent of the equity interests of the Porto de Sergipe LNG-to-power plant to Brazilian power company Eneva.

  • ORPC files for permit for 5MW Cook Inlet tidal scheme

    27 May 2021
    Authorities & Government, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    Marine energy company ORPC has submitted a preliminary permit application to the Federal Energy Regulatory Commission (FERC) for a tidal energy project at East Foreland in Alaska.

  • USSI Provides Seismic Array for Acorn Energy (USA)

    11 July 2012
    Business & Finance, Equipment, Project & Tenders

    US Seismic Systems, Inc., an Acorn Energy, Inc. company, recently announced that it has built and shipped an Ultra High Sensitivity fiber-optic based marine seismic array for oil & gas exploration.The system was purchased by an international service provider and is intended for use as a marine array to aid in the collection and interpretation […]

  • Santos acquires ConocoPhillips’ northern Australian assets

    14 October 2019

    LNG player Santos has expanded its position in northern Australia following an agreement with ConocoPhillips to acquire the latter’s operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon for $1.39 billion.

  • EU: Financial Incentive Could Enhance Sustainable Recycling

    7 July 2016
    Rules & Regulation

    Ships regardless of their flag should not be allowed to call at any EU port without a ship recycling license to incentivise sustainable ship recycling, the NGO Shipbreaking Platform cited a report from the European Commission. The report, written by Ecorys, classification society DNV-GL and the Erasmus University School of Law, looks into the possibility of […]

  • Guest column: The challenge

    2 December 2013

    Over the years the Dutch maritime industry has gained a worldwide reputation for quality and reliability. Within this sector a large number of companies is active in the field of’marine electronics’ and their reputation confirms my opening statement on a daily basis. And for good reason. Despite the difficult business climate in the maritime world, […]

  • Ophir inks six Fortuna FLNG deals, reduces project costs

    9 December 2015
    Project & Tenders

    UK-based Ophir Energy Ophir said it has signed heads of agreements for LNG offtake from its Fortuna FLNG project in Equatorial Guinea. The agreements were signed with six counterparties, all of whom are “established LNG buyers in European and Asian markets“, Ophir said in a statement released on Wednesday. Furthermore, the gross capital expenditure required […]

  • Bourbon Shedding 41 Non-Smart Ships

    14 February 2018
    Business & Finance

    Bourbon to sell 41 supply vessels as they cannot be connected within the group’s smart shipping program.

  • MP Cunningham Voices Concerns over Asset Stripping at TAG

    17 October 2014
    Authorities & Government

    Alex Cunningham has been assured by bosses that Teesside engineering company, TAG Energy Solutions, is definitely not in administration but that a sale is necessary if it is to begin operating again. The Stockton North MP spoke with Chief Executive Stuart Oakley, who confirmed that they had engaged the London firm of Duff and Phelps […]

  • Stena Bulk bids farewell to its last LNG tanker

    19 April 2024
    Business & Finance, Business Developments & Projects, Vessels

    Sweden’s Stena Bulk has no more LNG carriers in its fleet after selling the remaining one to an undisclosed Asian buyer.

  • Vår Energi offloads stake in North Sea field

    6 October 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Vår Energi has inked a deal with Petrolia NOCO (Petrolia) to dispose of its entire interest in a field located in the Norwegian North Sea.

  • EU axes two Turkish yards from approved shipbreaking list

    21 December 2022
    Authorities & Government, Business Developments & Projects, Environment, Green Marine, Regulation & Policy, Rules & Regulation, Safety, Vessels

    Two yards from Turkey have been removed from the EU List of Ship Recycling facilities as they failed to meet the requirements of the union’s ship recycling regulation. The European Commission said that one yard failed to sufficiently protect its employees’ working conditions, and the other was de-listed due to a lack of transparency on […]

  • HMM sells stake in Algeciras container terminal to CMA CGM

    10 August 2020
    Business Developments & Projects, Infrastructure, Ports & Logistics

    South Korean shipping major HMM has signed a sales and purchase agreement with French counterpart CMA CGM for the sale of its 50 per cent stake minus one share in Total Terminal International Algeciras (TTI Algeciras).

  • Leni Gas & Oil Sells Gulf of Mexico Assets to Focus on Trinidad

    5 November 2012

    Leni Gas & Oil  today announces it has signed a definitive Purchase and Sale Agreement for its remaining minority interests in the US Gulf of Mexico (“GOM”) for a cash consideration of $1.625 million to a USA group (the “Buyer”). The sale is expected to be completed this week. The funds obtained will reduce the […]

  • Grindrod Shipping Strengthens Liquidity through IVS Bulk Joint Venture

    28 June 2019
    Business & Finance

    The company undertook a number of transactions to modernize its fleet and increase financial flexibility and liquidity.

  • DW: New oil & gas opportunities to emerge in Brazil despite challenges?

    4 July 2016

    Laden by corruption scandals and falling oil prices, Petrobras is struggling to repay $130 billion (bn) worth of debt – nearly $24bn will mature by 2017, Douglas-Westwood said in its DW Monday report.  Efforts to sell non-core assets (pipelines, powerplants, bonds etc.) have been slow going and any attempt to divest upstream operations impeded by red […]

  • World Wide Supply: Ray of hope from Brazil?

    26 May 2016
    Business & Finance

    Norwegian offshore ship supplier World Wide Supply (WWS) has received somewhat positive news from Brazil. Namely, there is a possibility the company might keep two of its vessels busy working for Petrobras, however, not for long. The company, established six years ago, on Thursday made reference to its notice from March 2016, when World Wide […]

  • Aker BP secures extra financing for Hess Norge buy

    31 October 2017

    Norwegian oil company Aker BP has secured additional bank financing for the previously announced acquisition of Hess Norge.  The oil company said on Monday it had received an offer from a consortium of five banks for a $1.5 billion bank facility to finance the acquisition. To remind, U.S. energy company Hess Corporation made an agreement […]

  • NOF Expands Its Supplier Day Event

    11 June 2014

    NOF Energy has expanded it sold-out annual supplier day to feature an extended networking session to offer companies the chance to engage key companies from the energy sector supply chain. The Annual Supplier Day, which takes place on Wednesday, June 25, at Hardwick Hall, in Sedgefield, County Durham, offers suppliers the opportunity to meet and […]

  • Sempra Sells One Block of Gas Fired Power Plant, USA

    27 December 2012

    Sempra U.S. Gas & Power announced it has entered into a definitive agreement to sell one 625-megawatt (MW) block of its 1,250 MW Mesquite Power natural gas-fired power plant to the Salt River Project (SRP) Agricultural Improvement and Power District for $371 million. The SRP Board of Directors approved a management proposal to acquire 100 […]

  • Vattenfall to Compete in Hollandse Kust Zuid 3 & 4 Tender

    28 February 2019
    Project & Tenders

    Vattenfall has decided to participate in the 750MW offshore wind tender for Hollandse Kust Zuid 3 & 4 in the Dutch part of the North Sea. In March 2018, the Swedish energy company won the Hollandse Kust Zuid 1 & 2 tender with a zero subsidy bid. ”Vattenfall is strongly committed to the Dutch market. Through […]