10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Capital Product Partners in Fleet Reshuffling Mode

    31 January 2018
    Business & Finance

    Greek shipowner Capital Product Partners L.P. sells 2013-built tanker to replace it with a younger ship.

  • Berenberg Secures USD 500 Mn for Shipping Loans

    5 July 2016
    Business & Finance

    Hamburg-based banking company Joh. Berenberg, Gossler & Co. (Berenberg Bank) has secured some USD 500 million in private equity funding which would be invested in shipping loans, Bloomberg reports. At the end of June, the bank entered a memorandum of understanding with an undisclosed international investment company, to support some 400 shipping firms. Berenberg’s head of shipping, […]

  • As oil & gas player closes the book on Norwegian ops, rebranding coming soon for one opened in Southeast Asia

    16 July 2024
    Business & Finance, Business Developments & Projects

    Longboat Energy has ended its oil and gas story in Norway by wrapping up the divestment of its assets and will focus on building a full-cycle E&P business in Southeast Asia.

  • Australia: Chevron, TEPCO Ink Wheatstone LNG SPAs

    27 July 2011

      Chevron Corporation today announced that its Australian subsidiaries have signed binding Sales and Purchase Agreements (SPAs) with Tokyo Electric Power Company (TEPCO) for the delivery of liquefied natural gas (LNG) from the Chevron-operated Wheatstone natural gas project in Australia. Under the agreements, Chevron, together with Apache Energy and Kufpec, will deliver up to 3.1 […]

  • EnBW Buys Albatros Offshore Wind Farm

    19 December 2014
    Business & Finance

    EnBW Energie Baden-Württemberg AG has acquired the Albatros offshore wind farm project from the consortium partners STRABAG and the Norderland/ETANAX Group. This offshore wind project, which has approval for 79 wind turbines of the 5-7 megawatt rating class, is located 105 kilometres from the coast in the German sector of the North Sea. The wind […]

  • Australia: Ichthys Project Will Cost More than USD 30 Billion, Says Total CEO

    4 November 2011
    Business & Finance, Operations & Maintenance

    The huge Australian offshore gas project Ichthys will cost more than the anticipated total of $30 billion, the head of French oil major Total said on Thursday. “It will cost a little more than expected for environmental reasons… We had originally said $30 billion,” Total Chief Executive Christophe de Margerie told Reuters on the sidelines […]

  • Highlights of the Week

    27 November 2016

    Subsea World News has put together a recap of the most interesting articles from the previous week (November  20– November 27). Subsea contractor DeepOcean has a new majority owner in the company. Funds advised by a private equity investment firm, Triton, will become the largest shareholder and should, in collaboration with some of the existing shareholders […]

  • 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 […]

  • USA: Crowley Maritime Christens Articulated Tug-Barge Legacy

    4 November 2011

    As a part of the company’s industry-leading new vessel building program, Crowley Maritime Corp. christened its largest and fastest articulated tug-barge (ATB), the Legacy/750-1, yesterday in New Orleans. The high-capacity tank barge is able to carry up to 330,000-barrels of petroleum products and the 16,000-horsepower tug can generate speeds of 15 knots or more, making […]

  • Gallery: Statoil puts first subsea gas compression plant in the world online

    17 September 2015
    Equipment, Project & Tenders

    Statoil and its partners this week put the first subsea gas compression facility online at Åsgard in the Norwegian Sea. Subsea compression will add some 306 million barrels of oil equivalent to total output over the field’s life. “This is one of the most demanding technology projects aimed at improving oil recovery.  We are very […]

  • 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.

  • Ulstein Develops OCV Vessel Design for Deeper and Colder Waters

    6 June 2013
    Business & Finance

    Advancement in technology is permitting the offshore oil and gas industry to move into progressively deeper and colder waters in remote locations. ULSTEIN supports this development by providing products and solutions that contribute to safer, smarter and greener operations. A case in point is the versatile and flexible OCV/subsea vessel design SX121, which ULSTEIN is […]

  • How Russia sold its oil jewel — without saying who bought it

    25 January 2017

    By Katya Golubkova, Dmitry Zhdannikov and Stephen Jewkes MOSCOW/LONDON/MILAN (Reuters) – More than a month after Russia announced one of its biggest privatisations since the 1990s, selling a 19.5 percent stake in its giant oil company Rosneft, it still isn’t possible to determine from public records the full identities of those who bought it. The […]

  • Coatings for scrubbers as important as good quality material of scrubber components

    1 July 2020
    Rules & Regulation, Vessels

    Corrosion has emerged as the arch-enemy of the exhaust gas cleaning systems as the uptake of the technology rose with the entrance into force of the IMO 2020 sulphur cap. Like with any new technology, scrubber maintenance and operation has been a learning curve for ship owners and operators, especially in the context of preventing […]

  • UK: OGA to award four offshore licenses in Buchan area to three operators

    22 July 2019

    Oil and Gas Authority has offered for award four licenses to three companies in the 2019 31st Supplementary Offshore Licensing Round, which closed for applications in May 2019.

  • Cal Dive Reports Net Loss in Third Quarter (USA)

    2 November 2011
    Business & Finance, Operations & Maintenance

    Cal Dive International, Inc. reported a third quarter 2011 net loss of $5.6 million, or $.06 per diluted share, excluding $28.8 million ($.31 per diluted share) of after-tax non-cash impairment charges related to certain fixed assets recorded as part of the Company’s annual impairment review. Including the impairment charges, the Company reported a third quarter […]

  • Standard Drilling names Deloitte man as CFO

    13 June 2017
    Business & Finance

    Cyprus-based S.D. Standard Drilling has named a new chief financial officer with effect from July 1, 2017. The company previously announced that Espen Lundaas, the interim CFO of Standard Drilling, was considering resigning from his position due to other commitments. Standard Drilling said on Monday that Christos Neocleous has now been appointed as the new CFO […]

  • Polarcus selling multi-client library to TGS

    29 June 2015
    Business & Finance

    TGS and Polarcus have signed a Letter of Intent for TGS to acquire Polarcus’ multi-client library, with the exception of Australia, for a price of $27.5 million on a cash and debt free basis. Polarcus said that the agreement includes an upfront cash payment, a tiered revenue share from future sales of the divested multi-client projects […]

  • Norway: Aker Profit Climbs

    6 November 2013

    Aker Solutions’ earnings for the third quarter of 2013 showed a steady improvement in profit compared with the first half of the year, helped by improved execution in several business areas and key deliveries. The EBITDA margin rose to 9.8 percent in the quarter from 7.9 percent in the first half. “Improvement programmes in several […]

  • The Netherlands: Tocardo, Repsol Partner Up to Develop Tidal Energy

    24 January 2013
    Business & Finance, Technology

    Tocardo International, the leading producer of tidal and free-flow water turbines, and Repsol, the international integrated energy company, announce a partnership between the two companies.   The Repsol New Energy Ventures and Tocardo partnership will provide a platform for both companies to develop offshore tidal energy, combining Tocardo’s knowledge of tidal and river free flow […]

  • Panama’s first LNG terminal receives commissioning cargo

    14 June 2018
    Ports & Logistics

    Panama’s and Central America’s first liquefied natural gas (LNG) import terminal received on Thursday a commissioning cargo the from Cheniere’s Sabine Pass plant in the US. Engie’s 154,000-cbm LNG carrier Provalys docked at Panama’s Costa Norte LNG import terminal on Thursday morning, a spokeswoman for AES in Panama, one of the two developers in the project, confirmed […]

  • Norddeutsche Reederei H. Schuldt Not Selling Off Its Ships

    13 September 2017
    Business & Finance

    German shipping company Norddeutsche Reederei H. Schuldt, currently undergoing restructuring, has denied media reports that claimed that a huge chunk of its fleet is being sold off within a bidding process. Local media said that hsh portfoliomanagement AöR had launched a bidding process for 35 ships of the company’s 50 ship-strong fleet, comprising mostly containerships. The […]

  • APM Terminals Wraps Up TCB Acquisition

    9 March 2016
    Business & Finance

    The Netherlands-based terminal operator APM Terminals said that it has completed the USD 1 billion acquisition of Spanish Grup Maritim TCB’s port and rail interests. The company added that it has yet to receive approval for three of 11 terminals under Grup Maritim TCB, but has decided to move ahead with the acquisition, as the remaining […]

  • USA: Dolphin Geophysical Buys OGI

    20 April 2012
    Business & Finance, Equipment

    Dolphin Group ASA  announces that through their subsidiary Dolphin Geophysical Inc.(US) the company have purchased the entire stock of Open Geophysical Inc. (OGI). OGI develop and sell seismic processing software and has an existing client base including both major oil companies and seismic contractors. The software is purpose built for modern computer architectures and has […]

  • Genco Unveils Comprehensive Plan Ahead of IMO 2020

    9 October 2018
    Business & Finance

    Genco Shipping & Trading plans to install scrubbers on its 17 Capesize vessels.