10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Italy: Napa Ports to Define Master Plan for Ports Development

    19 December 2013
    Business & Finance

    Napa Ports, satisfied with infrastructural objective reached in the European process for the adoption of the new Ten-T and CEF (Connecting Europe Facility), signed recently in Venice the Memorandum of Understanding in order to define a new strategic Master plan for ports’ development. The plan pinpoints infrastructural priority and needs in a common proposal to […]

  • 2022 is a wrap: Highlights from the offshore energy industry

    2 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    In the wake of Russia’s war in Ukraine, the offshore energy industry was thrown for a loop, which resulted in price volatility.

  • Norway: Aker Drilling to Increase Operations in Growth Markets

    20 January 2011
    Business & Finance

    Aker Drilling intensifies its operations in strong growth markets, enters into Letter of Intent for the building of two drillships with options for additional two ships, aims to secure new capital and applies for listing on Oslo Stock Exchange – with Aker as minority shareholder in an independent drilling company with an offensive strategy. – […]

  • Biden vs Trump: Will energy policy or tectonic shifts in democracy and geopolitics decide winner of potential 2024 showdown?

    5 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    Biden’s energy dossier confirms his willingness to bend over backward to uphold his values and clean energy agenda, but will America’s energy transition grind to a halt under Trump’s reign if he gets another term?

  • VIDEO: Equinor brings online world’s largest and Norway’s first spar platform

    17 December 2018
    Project & Tenders

    Equinor and its partners started production from the Aasta Hansteen gas field in the Norwegian Sea on December 16, 2018.

  • BOEM to Offer 20 Mln Offshore Acres in Lease Sale (USA)

    28 November 2012

    Today, as part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) will hold an oil and gas lease sale that will make more than 20 million offshore acres available, and represents all unleased areas in the Western Gulf of Mexico […]

  • USA: Marathon Oil Q3 Profit Declines

    2 November 2011

    Marathon Oil Corporation  reported third quarter 2011 net income of $405 million, or $0.57 per diluted share. Net income in the third quarter of 2010 was $696 million, or $0.98 per diluted share. On June 30, 2011, Marathon Oil completed the spin-off of its Refining, Marketing and Transportation business, which is now reported as discontinued […]

  • Oil & gas work ‘key revenue driver’ for DeepOcean, with offshore wind outlook positive

    18 April 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Oslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, DeepOcean reported revenue of $566.1 million, up 13.4 per cent from $499.4 million in the prior year, and an operating […]

  • UK confirms new oil & gas licensing round and lifts shale ban

    22 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Rules & Regulation, Transition

    The UK government has lifted the moratorium on shale gas production in England and confirmed its support for a new oil and gas licencing round.

  • Statoil divests part of interest in Block 39 offshore Angola

    3 April 2014
    Business & Finance

    Statoil has signed an agreement to farm down a 15% interest to WRG Angola Block 39 Limited (“WRG”) in the Statoil-operated block 39 offshore Angola in the Kwanza pre-salt basin. WRG is a 50/50 joint venture comprising White Rose Energy Ventures and Genel Energy plc. “This is part of Statoil’s active portfolio management. The farm-down reflects […]

  • Sevan Marine Sells Hulls 4 and 5 to Logitel Offshore

    27 May 2013
    Business & Finance

    Sevan Marine ASA announced that it has entered into an agreement to sell the semi-completed Sevan hulls number 4 and 5  on an “as-is, where-is” basis to Logitel Offshore. The total purchase price for the Hulls is USD 41 million, to be rendered as a seller’s credit. Sevan will grant an additional loan of USD […]

  • UK’s oil & gas windfall tax hike – Coup de grace or boon for North Sea jobs and upstream investment?

    5 August 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Regulation & Policy, Research & Development, Rules & Regulation, Transition

    How can the UK put all the puzzle pieces together to cultivate a sweet spot in an uncertainty-ridden backdrop of energy investment in the North Sea?

  • Australian wells creating multi-billion opportunity for P&A, Rystad says

    10 June 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Rules & Regulation

    Australia is about to see its largest-ever wave of offshore wells that reach the end of their producing life & need to be decommissioned, Rystad says.

  • Neptune Marine Delivers on Key Elements of Operational Restructure (Australia)

    17 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Neptune Marine Services Limited confirms it has delivered on key elements of its operational restructure, including finalising $9.5 million in annual cost savings, progress in the non-core asset sale program, and confirming the board succession plan. Neptune reports that its underlying operations remain stable, posting a break-even result before interest and tax for the March […]

  • LR: Fleet utilization, routing can help shipowners better navigate new EU regulations

    1 February 2024
    Business Developments & Projects, Infrastructure, Regulation & Policy, Rules & Regulation, Vessels

    Deploying fleets efficiently along specific routes, combined with educated fuel and technology choices will be crucial for navigating new EU regulations, according to a new Lloyd’s Register report.

  • Iberdrola, ACE Terminal and Hynetwork services forge plan for Spanish-Dutch hydrogen corridor

    13 June 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development, Storage

    Iberdrola, ACE Terminal and Hynetwork Services have signed two agreements to bolster the establishment of the green hydrogen maritime corridor between Spain and the Netherlands. The agreements were signed on 13 June when the Executive Chairman of Iberdrola, Ignacio Galan, received His Majesty the King of the Netherlands at the Puertollano plant. Through this new […]

  • AMSC offloads a fleet of Jones Act tankers for $746.7 million

    22 August 2023
    Business & Finance, Business Developments & Projects

    American Shipping Company (AMSC) has decided to sell its fleet of Jones Act-compliant tankers to US-based shipowner Maritime Partners.

  • New operator taking the helm at North Sea oil & gas discovery

    9 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    OKEA will be taking over the operatorship next month from the compatriot player, DNO Norge, at the Brasse license in the North Sea.

  • Tullow approves sale of Equatorial Guinea asset to Panoro

    19 March 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Oil and gas company Tullow Oil has voted on its general meeting to approve the disposal of all issued share capital in its subsidiary Tullow Equatorial Guinea Limited (TEGL) to Panoro Energy.

  • Carnarvon still waiting on delayed Valaris rig to drill Buffalo well

    30 November 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Carnarvon Energy is waiting for a Valaris-owned rig to arrive at a drilling location in the Timor Sea and drill the Buffalo-10 offshore well.

  • Subsea UK Urges Companies to Extend Global Reach

    11 August 2016
    Research & Development

    Subsea UK is encouraging British firms to set their sights on international expansion to sustain long term growth. The industry body is urging companies to look beyond the North Sea and establish international links to generate new business and support the government’s strategy to increase British exports to £1 trillion by 2020. Subsea UK in […]

  • Singapore: Otto Marine Announces Cancellation of Contract for Two Vessels

    1 August 2011
    Business & Finance

    Otto Marine Limited, a leading offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers specialised offshore services, today issued a profit warning regarding the financial results of the Group for the second quarter ended 30 June 2011 (“Q2”). The Group is expected to report a loss for the upcoming […]

  • Ophir Sells Share in Tanzanian Blocks to Pavilion Energy for $1.3B

    14 November 2013
    Business & Finance

    Ophir Energy plc has entered into an agreement to sell to Pavilion Energy a 20 per cent. interest in Tanzanian Blocks 1, 3 and 4 for a maximum consideration of US$1,288 million.   Highlights of the Transaction · Consideration payable to Ophir on completion of the Transaction of US$1,250 million with further contingent consideration of US$38 […]

  • Bermuda: Seadrill Launches up to US$650 Million Convertible Bond

    21 October 2010
    Business & Finance

    Seadrill Limited announces today that it intends to issue up to US$650 million in principal amount of convertible bonds with a seven-year tenor. This amount includes an increase option of up to US$100 million that has been granted to the joint bookrunners of the offering. The senior, unsecured bonds will be convertible into common shares […]

  • MX Oil to sell its Aje field stake (Nigeria)

    2 February 2016
    Business & Finance

    MX Oil, an oil and gas exploration company, has agreed to sell its interest in the OML 113 licence offshore Nigeria, which includes the Aje Field, to an unnamed buyer.  MX Oil previously received expressions of interest to acquire all or part of its Nigerian investment or to invest into the underlying asset directly alongside the […]