10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • 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 […]

  • Norway: Statoil Delivered Record Financial Results, CEO Says

    8 February 2012
    Business & Finance

      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 […]

  • 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 […]

  • Ulstein Presents SX121 Vessel Design Benefits

    6 June 2013
    Business & Finance, Research & Development

    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.

  • 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, […]

  • 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.

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]