10000 results found for 'cove shell'

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

  • 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 […]

  • 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 […]

  • ADES expands its fleet with another jack-up rig

    1 December 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Malaysia’s offshore services provider Icon Offshore has wrapped up the sale of a jack-up drilling rig to ADES in Saudi Arabia.

  • VARD receives cable-layer order from Denmark

    10 March 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    VARD has secured a contract with Denmark’s NCT Offshore for the design and construction of a cable laying vessel (CLV) of VARD 9 01 design. The vessel is designed by Vard Design in Ålesund, Norway, the hull will be built at Vard Tulcea in Romania, while the final outfitting, commissioning and delivery will be carried […]

  • Vår Energi shifts methane reduction efforts into higher gear as it comes aboard UN-led program

    29 May 2024
    Business Developments & Projects, Outlook & Strategy, Transition

    Vår Energi has joined an initiative led by the United Nations Environment Programme to improve the accuracy of methane emissions reporting.  

  • Fortescue chooses green ammonia to decarbonize its fleet

    7 October 2021
    Transition, Vessels

    Australian iron ore company Fortescue Metals Group has revealed its plans to convert its existing fleet to run on green ammonia and adopt it in new vessel construction to push up its decarbonisation efforts.

  • ADNOC to float drilling unit in Abu Dhabi IPO

    7 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy

    Abu Dhabi’s energy giant ADNOC is planning on selling a minimum 7.5 per cent stake in its drilling unit ADNOC Drilling in an initial public offering (IPO).

  • Bulk Invest Has A Few Weeks to Ensure Its Survival

    29 February 2016
    Business & Finance

    The future of Oslo-listed bulker owner Bulk Invest ASA is highly uncertain, the company said in its financial report for the fourth quarter of 2015. Namely, if a solution is not found with the key creditors within a few weeks, Bulk Invest will not be able to survive under the present market conditions. “In case […]

  • Another Win for Navios in Vale Contract Dispute

    22 February 2017
    Business & Finance

    A New York arbitration tribunal has ruled in favor of Navios South American Logistics, part of Greek dry bulk shipping company Navios Maritime Holdings, on a dispute with Vale International S.A. regarding the termination date of a contract of affreightment. In line with the ruling passed in February, Vale has been ordered to pay Navios […]

  • Odfjell Returns to Profit, Bullish on 2017

    16 February 2017
    Business & Finance

    In spite of challenging markets, Norwegian shipping and tank terminal company Odfjell swung out of a loss to a full-year profit in 2016. The firm posted a net income of USD 100 million, compared to a net loss of USD 36 million in 2015. Odfjell’s full year EBITDA also rose to USD 238 million from […]

  • Europort 2013 – Exhibition Sold Out

    6 November 2013

    A call for sustained innovation and an ‘international level playing field’ on environmental regulation greeted global maritime and offshore business leaders yesterday, as Melanie Schultz van Haegen, Minister of Infrastructure and the Environment of the Netherlands opened Europort 2013 at Ahoy Rotterdam. Addressing an invited audience that included ambassadors and shipowners from around the world, […]

  • ICS Praises Release of Car Carrier Global Spirit

    30 June 2014

    Release of the car carrier ‘Global Spirit’, which was detained for three weeks by Belgian environmental authorities in the port of Antwerp, has been welcomed by the International Chamber of Shipping (ICS), the global trade association for shipowners. The vessel had been detained for alleged non-compliance with the European Union Waste Shipment Regulation, the ship […]

  • GC Rieber Well Positioned for Pursuing New Growth Opportunities, CEO Says

    24 February 2014
    Business & Finance, Operations & Maintenance

    GC Rieber Shipping had good underlying operations in the fourth quarter, and the company shows a solid result for 2013. Total fleet utilization was 90 percent in the quarter, down from 96 percent in the corresponding period last year. The change mainly relates to rebuilding of the vessel “Polar Marquis” (former “Geo Atlantic”). Three charter […]

  • TAQA Reorganises HQ to Save $20 Mln

    12 December 2013

    TAQA, the international energy and water company based in Abu Dhabi, has undertaken a reorganisation at its headquarters to enhance efficiency.   The measures will reduce general & administrative costs by more than USD 20 million in 2014 and are part of a global initiative to position TAQA to deliver on its vision to be […]

  • CNL Software and Western Advance Secure LNG PSIM Project in Australia

    29 October 2013

    CNL Software, a world leader in Physical Security Information Management (PSIM) software, said that it has partnered with Western Advance, a specialist supplier and integrator to the oil and gas, mining, defense, airports, maritime and critical infrastructure protection sectors. The two companies will commence work on an integrated PSIM solution for one of the largest […]

  • UK: 3sun Inspection Services Secures Over GBP 1 Million in Contract Wins

    12 June 2012
    Business & Finance

    3sun Group, a specialist provider of products and services to the energy industry, has announced that its recently launched inspection division, 3sun Inspection Services, has secured over £1 million in contract wins. The Group is exhibiting at Renewable UK’s Global Offshore Wind show 13-14 June at stand 505. The division, launched late 2011, has secured […]

  • TWMA Wins Martin Linge Field Waste Management Contract (Norway)

    1 October 2013
    Business & Finance, Equipment

    TWMA, the leader in integrated drilling and environmental solutions for the international onshore and offshore oil and gas industry, has been awarded a major contract with Total E&P Norge AS to deliver offshore waste management services during the development of the Martin Linge field located on the Northern Viking Graben in the Central North Sea. […]

  • ING, SocGen to test LNG trading with blockchain in months

    9 March 2017

    By Karolin Schaps, Christoph Steitz and Vera Eckert LONDON/FRANKFURT (Reuters) – Banks ING and Societe Generale are in talks with traders to test liquefied natural gas (LNG) trading based on blockchain, the technology starting to shake up the traditional energy industry. Blockchain, which originates from digital currency bitcoin, works as an electronic transaction-processing and record-keeping […]

  • Many seafarers could quit the industry over mishandling of COVID-19 crew change crisis

    1 December 2020
    Human Capital, Market Outlooks, Safety

    Nearly 90% of British seafarers have been affected by the pandemic and one in two is now considering their future in the industry, research from Nautilus International shows. The seafarers have been directly impacted by the crew change crisis, with issues including being stranded at sea due to lack of crew change, stranded at home […]

  • Akastor Sells Part of Frontica Business to Cognizant

    3 October 2016
    Business & Finance

    Akastor, an oil service investment company, has entered into a definitive agreement to sell Frontica to Cognizant for a consideration of NOK 1,025 million on a debt-and-cash-free basis. Frontica is comprised of the ITO and BPO business segments of the Frontica Group, and excludes Frontica’s staffing business, Frontica Advantage. “Frontica has undergone an impressive organizational […]

  • Energean’s Edison transaction might exclude assets in Algeria

    23 December 2019
    Business & Finance

    Oil and gas company Energean’s acquisition of Edison which has yet to be completed might be included so that Edison’s Algeria assets won’t be included in the deal after an intervention from the Algerian authorities. Energean and Edison signed a deal in July for Energean to buy Edison E&P from Edison S.p.A.   Edison E&P’s portfolio […]

  • Schlumberger sells management and consulting branch

    17 August 2015

    Schlumberger, the world’s largest oilfield services provider, is selling its management and consulting unit Schlumberger Business Consulting. The buyer, Accenture. Accenture has said that the acquisition will expand the capabilities of Accenture Strategy in helping the world’s major exploration and production companies achieve greater competitiveness and growth. Terms of the acquisition were not disclosed, and […]

  • EU Starts Caspian Pipeline Negotiations

    14 September 2011
    Business & Finance, Operations & Maintenance

      European Union has adopted a mandate to negotiate a legally binding treaty between the EU, Azerbaijan and Turkmenistan to build a Trans Caspian Pipeline System. This is the first time that the European Union has proposed a treaty in support of an infrastructure project. The treaty will be concluded by the EU after decision […]

  • Iran All Set for Oil Export Boost once Sanctions Are Lifted

    8 January 2016
    Business & Finance

    Iran is gearing up to deploy its crude oil tankers to the market once the sanctions against the country are lifted, which is expected to take place by the end of January. What is more, based on the latest statement from the US Secretary of State John Kerry, Iran may be “days away” from complying with the […]