10000 results found for 'cove shell'

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

  • 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 […]

  • 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.

  • 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 […]

  • Prysmian exhibits at Offshore Technology Conference 2014

    5 May 2014
    Business & Finance, Equipment

    Prysmian Group, world leader in the energy and telecom cables and systems industry, will showcase at Offshore Technology Conference 2014 in Houston, TX (USA) from May 5th to 8th (booth 5447). The Group will present its comprehensive product portfolio specifically designed for the Oil and Gas industry. OTC 2014 comes at very important time for […]

  • 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 […]

  • UK competition watchdog accepts Wood Group – Amec FW merger remedy

    12 September 2017
    Business & Finance

    A merger between two UK oilfield services companies, Wood Group and Amec Foster Wheeler, is set to be complete next month as the UK’s competition watchdog, the Competition and Markets Authority (CMA), has accepted the duo’s proposals to resolve competition concerns regarding the merger.  The CMA began investigating the merger of the two companies in June 2017. […]

  • Oil pinned near three-month lows as gloom grows over OPEC

    14 November 2016

    By Amanda Cooper LONDON (Reuters) – Oil fell to its lowest in three months on Monday, as the prospect of another year of oversupply and weak prices overshadowed chances that OPEC will reach a deal to cut output. Donald Trump’s surprise victory in last week’s U.S. presidential election has boosted stocks and the dollar, but […]

  • 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.

  • BP Goes Ahead with Atlantis Phase 3; Eyes Na Kika Subsea Tiebacks

    8 January 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    BP said it has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region. The $1.3 billion Atlantis Phase 3 development is the latest example BP’s strategy of […]

  • Canada: International LNG Conference in BC Huge Success

    7 March 2013

    B.C.’s first-ever international conference showcasing the economic growth and jobs potential of the emerging liquefied natural gas (LNG) industry was a huge success announced Minister of Energy, Mines and Natural Gas Rich Coleman. Over 500 people attended the two-day “Fuelling the Future” conference to discuss B.C.’s LNG future. First Nations leaders, representatives from 25 B.C. […]

  • Winners of ‘biggest ever’ Oil & Gas UK Awards announced

    7 November 2014

    Oil & Gas UK has informed that the winners of the Oil & Gas UK Awards 2014, sponsored by Shell U.K. Limited, have been announced following a sold-out evening event in Aberdeen, Scotland.  All seven winners were presented with their awards at a ceremony in Aberdeen on Thursday November 6, where some 650 people from […]

  • Singapore: MPA, DNV Establishes Joint Industry Project to Study LNG Bunkering

    12 April 2012
    Business & Finance

    The Maritime and Port Authority of Singapore (MPA), has established a Joint Industry Project (JIP) to investigate the operational feasibility of LNG bunkering in Singapore in collaboration with Det Norske Veritas (DNV) Clean Technology Centre and 21 industry partners. The JIP, co-funded through MPA’s MINT fund, kicked off in January 2012 with the aim to […]

  • MPA, DNV and Partners to Study LNG Bunkering in Singapore

    12 April 2012
    Research & Development

    The Maritime and Port Authority of Singapore (MPA), has established a Joint Industry Project (JIP) to investigate the operational feasibility of LNG bunkering in Singapore in collaboration with Det Norske Veritas (DNV) Clean Technology Centre and 21 industry partners. The JIP, co-funded through MPA’s MINT fund, kicked off in January 2012 with the aim to […]

  • Polish LNG terminal expansion contractor picked

    24 June 2020
    Business Developments & Projects, Project & Tenders

    Polskie LNG, a GAZ-SYSTEM company, together with Szczecin and Świnoujście Seaport Authority, has picked the contractor for the Polish LNG terminal expansion project.

  • Faroe: Fogelberg drilling a success. Tie-back planned to Asgard B

    29 June 2018

    Spirit Energy has successfully completed a sidetrack well (6506/9-4 A) and a production test following the drilling of the downdip appraisal well (6506/9-4 S) on Fogelberg discovery in the Norwegian Sea.

  • Qatar Celebrates Achieving 77 Mta LNG Production Capacity

    14 December 2010

    At an official ceremony yesterday, Qatar celebrated achieving 77 million tonnes per annum of liquefied natural gas (LNG) production capacity, reconfirming the country’s position as the world’s leading producer of the chilled fuel. The event was held at Ras Laffan Industrial City under the patronage and presence of the Emir of the State of Qatar, […]

  • Singapore’s Keppel and SembMarine sign a ‘win-win agreement’ to merge

    27 April 2022
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Rules & Regulation, Transition

    Singapore’s Keppel Corporation and Sembcorp Marine have signed definitive agreements for the proposed combination of Keppel O&M and Sembcorp Marine.

  • Peace deal between Patrick Terminals and wharfies falls through

    1 October 2020
    Human Capital, Ports & Logistics

    The waterfront dispute between the Maritime Union of Australia (MUA) and container terminal operator Patrick Terminals rages on as efforts to reach a deal on a new workplace agreement fell flat. The two sides agreed to a two-day conciliation hearing before the Fair Work Commission in order to find a solution for the ongoing dispute […]

  • Sevan Cylindrical Hulls to Be Completed as Accommodation Units

    24 May 2013

    Press Release – Sevan Marine ASA 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 […]

  • Offshore construction: It takes a giant to know a giant

    8 August 2016

    For the second 2016 edition of the Offshore WIND Magazine, we spoke to Blair Ainslie, CEO of Seajacks, on the company’s past and future projects, as well as the industry in general. Seajacks made its first dive into the offshore wind industry in 2009, when its jack-up vessel Seajacks Leviathan carried out the installation of Siemens’ 3.6MW turbines […]

  • 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 […]

  • Aker BP kicks off production from Norwegian Sea project

    13 November 2020
    Business Developments & Projects, Exploration & Production, Project & Tenders

    Oil and gas company Aker BP has started production from the Ærfugl phase 1 project development located in the Norwegian Sea.

  • HySHIP hydrogen project secures EU funding

    22 October 2020
    Business & Finance, Business Developments & Projects, Environment, Transition, Vessels, Vision

    Maritime innovation project HySHIP has been granted €8 million (about $9.4 million) in EU funding as the Norwegian government announces a strengthened focus on the development and commercialization of hydrogen as a carbon-neutral fuel.

  • 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.