10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Israel: Noble Energy Sells Tamar Gas to IEC in USD 18 bln Deal

    15 March 2012
    Business & Finance

    Under the 15-year agreement, IEC is expected to purchase approximately 2.7 trillion cubic feet (Tcf) of natural gas as fuel to provide electricity to the state of Israel and retains, under certain conditions, an option to expand the agreement quantity to approximately 3.5 Tcf.

  • MMA Offshore Wraps Up Neptune Acquisition

    12 November 2019
    Business & Finance, Operations & Maintenance

    MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries. The final purchase consideration of A$18.5 million comprised A$5.0 million in cash and the issue of 67.6 million MMA shares to Neptune Marine Services at an issue price of A$0.20 per share, representing 7.3% of the […]

  • 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 […]

  • 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 […]

  • USA: Crowley Maritime Christens Its Largest and Fastest Articulated Tug-barge

    4 November 2011
    Business & Finance

    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, today 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 […]

  • Norway: Statoil Reports Growth in Fourth Quarter of 2011

    8 February 2012
    Business & Finance, Operations & Maintenance

    Statoil’s fourth quarter 2011 net operating income was NOK 60.7 billion, a 42% increase compared to NOK 42.8 billion in the fourth quarter of 2010. In 2011, net operating income was NOK 211.8 billion compared to NOK 137.3 billion in 2010. “Statoil delivered record financial results, further improved safety and made important strategic progress in […]

  • Wood Mackenzie: Norway 5th in the World by Upstream Development Expenditure

    29 August 2012

    Wood Mackenzie estimates that upstream development expenditure in Norway will increase to US$25billion in 2012 – a rise of over 30% compared with 2011 – ranking it fifth in the world behind the US, Russia, Canada and Australia. Furthermore, development capex is estimated to reach almost US$30 billion in 2015, ensuring Norway remains a top […]

  • Hydrex’s Fast Bow Thruster Operation in Congo and Gabon Avoids Drydocking

    3 February 2013
    Business & Finance, Operations & Maintenance

    Near the end of 2012, an 86-meter research vessel needed the stainless steel belt in one of its thruster tunnels replaced. A Hydrex diver/technician team therefore flew to Pointe- Noire, Congo to perform the repairs. The stainless steel belt is installed around the perimeter of a thruster tunnel at the location of the thruster blades. […]

  • BOEM Takes Big Step Towards Offshore Wind Power Development (USA)

    8 February 2012

    Echoing President Obama’s State of the Union call for additional clean energy development, the US DOI and Bureau of Ocean Energy Management (BOEM) has taken a major step towards commercial-scale offshore wind energy leasing by streamlining the development of offshore wind power in the Mid-Atlantic and announcing a finding that issuing wind energy leases in […]

  • Equinor to test floating solar pilot in rough waters of Norway

    14 January 2021
    Business Developments & Projects, Innovation, Outlook & Strategy, Research & Development, Technology

    Norwegian energy major Equinor, in collaboration with Saipem company Moss Maritime, plans to build and test a pilot floating solar plant off Frøya in Norway in the late summer of 2021.

  • NOC Names New Director of Science and Technology (UK)

    9 July 2013
    Business & Finance

    The National Oceanography Centre announces the appointment of Professor Ian Wright as its new Director of Science and Technology, following the retirement of Professor Andrew Willmott, the NOC’s first Director of Science and Technology. Professor Wright is a Marine Geologist who, having obtained his PhD in Geology and Geophysics from the Victoria University of Wellington […]

  • Oil & Gas UK: Tax cuts greeted, but this is just first step

    3 December 2014

    Today’s announcement from the Chancellor George Osborne, that the ‘vital’ UK offshore oil and gas industry is to see an immediate reduction of two percentage points in its tax rate, has been lauded by the industry association  Oil & Gas UK as “an important first step towards improving the fiscal competitiveness of the UK North […]

  • UK fast-tracks consultation on o&g investment allowance

    23 January 2015

    The Prime Minister David Cameron reinforced the government’s support for the UK’s oil and gas industry at a meeting with industry representatives, hosted jointly with HM Treasury ministers Danny Alexander and Priti Patel. Chief Secretary to the Treasury Danny Alexander and the Exchequer Secretary to the Treasury Priti Patel announced the launch of an investment […]

  • Statoil wins highest number of exploration licences in Norway in ten years

    20 January 2016

    In the Awards in Predefined Areas (APA) round 2015, Statoil has been awarded interest in 24 licences on the Norwegian continental shelf (NCS), 13 of those as operator and 11 as partner. According to Statoil, this is the highest number of licences awarded to the company since 2005.  The Norwegian Ministry of Petroleum and Energy […]

  • Coastline Surveys, Marine Minerals Launch Mining Project in Cornwall

    30 July 2013
    Business & Finance, Operations & Maintenance

    Cornwall is synonymous with tin mining, having built its fortunes in previous centuries extracting and producing the metal for export around the world. Sadly in recent years the industry has all but disappeared with only shore based mining taking place in one or two sites.. The resultant impact on the economy of the region is […]

  • USA: Chevron Announces Senior Leadership Changes

    27 January 2011
    Business & Finance

    Chevron Corporation announced a series of senior management moves in key corporate and upstream leadership positions. These executive appointments are effective March 1, 2011. James Blackwell has been named executive vice president, Technology and Services. Blackwell, who has been with the company since 1980, is currently president, Chevron Asia Pacific Exploration and Production Company. In […]

  • US court forestalls threat of oil & gas shutdown in Gulf of Mexico with a reprieve

    23 October 2024
    Authorities & Government, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Safety

    A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been replaced with a new one.

  • Shipowners Not Very Concerned about Scrubber Discharge Bans

    3 March 2019
    Business & Finance, Rules & Regulation

    Othman: Shipowners that have already chosen scrubbers do not seem to be very concerned about recent bans.

  • 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 […]

  • UK Industry Bodies Team Up to Boost Subsea Sector

    30 October 2018
    Business & Finance

    The Oil and Gas UK Efficiency Task Force (ETF) in partnership with Subsea UK and Scottish Enterprise are setting up an event in Aberdeen next month to explore the ways in which subsea supply chain companies can work together to improve the competitiveness of the UK Continental Shelf. The seminar will highlight and share methods of […]

  • Neptune Energy Gets Green Light for Duva and Gjøa P1

    26 June 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Neptune Energy said that its development plans for the Duva and Gjøa P1 projects in the North Sea have been approved by Norwegian authorities. First production from the projects is expected in late 2020 with total recoverable resources estimated to be 120 million barrels of oil equivalent (maximum production is expected to be respectively 30,000 […]

  • Polish player buys its way into Equinor’s North Sea gas field

    4 June 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has set the wheels into motion to divest a partial stake in a gas field in the North Sea, which is expected to extend the life of the Gina Krog field.

  • New Era for The Netherlands Hydrographic Service

    27 March 2012
    Business & Finance, Operations & Maintenance, Research & Development

    The Royal Netherlands Navy has successfully executed the final contractual tests of its System for Hydrographic Information Processes – Part 2 (SHIP2) project. The SHIP2 project was implemented to produce a new production system for the Netherlands Hydrographic Office. The project will deliver a solution for source and bathymetric data management with the production of […]

  • UK: New Appointment Strengthens Hydrasun’s Global Subsea Sector Capability

    25 April 2013
    Business & Finance

    Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, announces the appointment of Steve Hanson as business development manager to further drive the company’s sales growth plans within the subsea marketplace both in the UK and overseas. Mr Hanson joins Hydrasun from Parker’s SnapTite Autoclave division, […]

  • Sif posts H1 2020 results, reports exclusive talks for two offshore wind projects

    28 August 2020
    Business & Finance

    The Netherlands-based foundation manufacturer Sif Group is in exclusive negotiations for two new projects in the offshore wind sector. The company left the project names and other details undisclosed, however, it said one of them is in Europe, more specifically in the North Sea. For the European project, Sif would produce 70 Kton of structures, […]