10000 results found for 'cove shell'

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

  • 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 […]

  • 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.

  • Scandinavian Biogas: Expansion of liquid biogas facility sparks interest of shipping companies

    29 April 2021
    Business Developments & Projects, Environment, Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy

    Scandinavian Biogas Fuels International AB has decided to invest approximately NOK 170 million (about $20.7 million) in a liquid biogas plant (LBG) in Skogn, outside Trondheim, Norway.

  • Petrofac sells remaining stake in Mexican operations to Perenco

    19 September 2019

    Oilfield services provider Petrofac has sold its remaining 51 percent stake in Mexican operations to Perenco.

  • Euronav: Scrubbers a Loophole Likely to Facilitate Sulphur Ban Non-Compliance

    30 October 2018
    Business & Finance, Rules & Regulation

    Euronav doesn’t seem to be on board the scrubber team due to numerous concerns.

  • GMS implements Hong Kong Convention

    17 November 2010

    Global Marketing Systems (GMS) cooperates with Germanischer Lloyd (GL) on green ship recycling. GMS, one of the world’s biggest cash buyers, purchases vessels from ship owners before delivering them to ship recycling facilities. GL will help GMS to implement green ship recycling according to the Hong Kong Convention and independently proves to ship owners that […]

  • Restarting process for Brazilian field sale not on the cards for Enauta at this point

    15 June 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Enauta has revealed that resuming the sale of a partial stake in a field located offshore Brazil is not currently on its agenda.

  • Eco Wave Power inks deal for 2MW wave power plant in Spain

    11 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology

    Swedish-Israeli company Eco Wave Power has signed an agreement with Port Adriano in Spain for the potential construction of a wave energy power plant of up to 2MW.

  • Gazprom: Major gas projects in the Far East require broad approach

    25 September 2014

    Viktor Timoshilov, Deputy Head of the Project Management department of Gazprom, reported on the comprehensive approach to planning and executing major gas projects in the Far East during the 18th Annual Conference “Sakhalin Oil & Gas 2014.”  He noted that Gazprom had been active in running projects within the Eastern Gas program since 2007. During […]

  • Maersk posts $3.7 billion profit in Q2 2021, expands logistics service

    6 August 2021
    Business & Finance

    Danish shipping and logistics giant A.P. Moller – Maersk has continued to deliver strong growth and profitability with profit going up to $3.7 billion in the second quarter of 2021.

  • Orion Group Holdings Reports Permitting Delays, Net Loss in Q2

    3 August 2017
    Business & Finance

    Orion Group Holdings Inc. today reported a net loss for the three months ended June 30, 2017, of $2.3 million ($0.08 diluted loss per share).  These results compare to a net loss of $0.8 million ($0.03 diluted loss per share) for the same period a year ago. “The second quarter was impacted by continued delays in our customers’ ability to obtain necessary […]

  • Eni, Anadarko working to bring Mozambique’s gas online

    3 December 2015

    U.S. Anadarko Petroleum, and Italian Eni, the operators of Offshore Areas 1 & 2, in Mozambique, have signed a unitization and unit operating agreement for the development of the massive natural gas resources that straddle the two blocks. Under the terms of the signed agreements and previously announced Decree Law, the Prosperidade and Mamba straddling natural gas reservoirs, […]

  • Sweden: Liquefied Methane Gas Station Opens in Stockholm

    29 November 2011

    The Greater Stockholm region’s first refuelling station for liquefied methane gas, LNG/LBG, opened last week. The filling station, Statoil Järna, is part of the BiMe Trucks project in which Volvo Trucks is one of the participating companies along with AGA, which supplies the liquefied gas. One of the project’s focus areas is to build the […]

  • Chevron Deepwater Gas Project in Indonesia Enters Design Phase

    3 December 2010
    Business & Finance

    Chevron Corporation today announced the award of major front-end engineering and design (FEED) contracts for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia. The Chevron-operated Gendalo-Gehem project is located in the Makassar Strait offshore East Kalimantan in water depths of approximately 6,000 feet. The project will include two separate hub developments, each with its […]

  • USA: Chesapeake Announces Decision to Sell Its Fayetteville Shale Assets and Investments in Frac Tech Holdings and Chaparral Energy

    6 February 2011

      Chesapeake Energy Corporation announced that, as part of its 2011-12 strategic and financial “25/25 Plan,” the company has decided to sell all of its Fayetteville Shale assets, as well as its equity investments in Frac Tech Holdings, LLC and Chaparral Energy, Inc. If these sales are completed, Chesapeake anticipates that the combined pre-tax proceeds […]

  • Moody’s Downgrades CMA CGM due to Weakened Liquidity

    26 September 2019
    Business & Finance

    CMA CGM’s liquidity profile weakened in the last 12 months as a consequence of the CEVA Logistics acquisition.

  • Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era

    2 January 2025
    Automation, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Infrastructure, IT & Software, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition

    As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the motors, rig owners are exploring ways to harness low-carbon and green alternatives. In this fast-changing landscape, which fuel will dominate the rig market and power offshore drilling rigs in the years ahead?

  • 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 […]

  • USA: Tracking Fish Through Coral Reef Seascape

    4 September 2012
    Research & Development

    Ocean scientists have long known that juvenile coral reef fishes use coastal seagrass and mangrove habitats as nurseries, later moving as adults onto coral reefs. But the fishes’ movements, and the connections between different tropical habitats, are much more complex than previously realized, according to a study published September 3 in Proceedings of the National […]

  • U.S. Subcommittee Reviews LNG Export Legislation

    26 March 2014

    U.S. Subcommittee on Energy and Power examined H.R. 6, the Domestic Prosperity and Global Freedom Act. The bill will accelerate approvals of U.S. LNG exports to American allies. The legislation facilitates automatic approvals of all export applications that have been noticed in the Federal Register and modifies the process moving forward so that exports to […]

  • Damen Sells first Stan Tug 1205 Within Days of Arrival at Seawork Show

    9 July 2010
    Business & Finance

    British company Red7Marine has become the owner of Damen’s new Stan Tug 1205, the first in a new ship series, which was only just unveiled to the market. Damen had decided to show its new tug series at the Seawork Show held in Southampton in mid-June. But already on the second day of the international […]

  • 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.