10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Essar Energy Secures Raniganj CBM Field Environmental Clearance, India

    4 March 2013

      Essar Energy, the India-focused integrated energy company, said that it has been granted phase III environmental clearance for its coal bed methane (CBM) gas field at Raniganj, West Bengal, allowing it to increase drilling to 650 wells. This environmental clearance allows the full field development of the Raniganj block, excluding forest area, and will […]

  • Teekay Tankers Bags Sale-Leaseback Deal for Suezmax Quartet

    18 May 2017
    Business & Finance

    Tanker shipping company Teekay Tankers, part of Bermuda-based Teekay Corporation, has entered into a term sheet for a USD 153 million, 12-year sale-leaseback financing relating to four Suezmax tankers. The deal was signed in April 2017, and once completed, is expected to further strengthen the company’s balance sheet and boost its liquidity position by approximately USD 30 […]

  • Recycling Markets Hit by Dry Bulk, Boxship Rebound

    5 January 2018

    The supply of tonnage to the recycling markets was down by 20 percent in 2017.

  • 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 […]

  • Moore Stephens: Shipping’s Operating Costs Fall for 4th Successive Year

    20 October 2016
    Business & Finance

    Total annual operating costs in the shipping industry fell by an average of 2.4% in 2015, compared with the 0.8% average fall in costs recorded for 2014, representing the fourth successive year that the operating costs were in decline, according to shipping consultant Moore Stephens. All categories of expenditure were down for the previous 12-month […]

  • Euronav Completes Debt Financing of Maersk VLCC Fleet Acquisition

    5 February 2014
    Business & Finance

    Euronav NV has reported that debt financing of the Maersk VLCC fleet acquisition is completed. Namely, the company has issued a USD 235 million 7-year bond to the same investors who participated in the capital increase of 13 January 2014 and it has signed a commitment letter for a USD 500 million senior secured credit […]

  • Interview: Corporate Responsibility; from social investment to an integrated strategy

    27 September 2018

    Across the globe and across industries, companies increasingly face public scrutiny of their business activities.

  • Defended by electronics – An insight in Thales Nederland’s defence applications

    25 December 2013

    When hearing the phrase ‘marine electronics’, many will mainly think about navigation, communication, power management and entertainment systems on commercial vessels. An interesting niche market however is the advanced electronics on board of navy vessels and the Netherlands is home to one of the biggest specialists in electronics for defence applications: Thales Nederland. Thales Nederland […]

  • ORLEN and Equinor to jointly explore carbon capture and storage opportunities

    4 March 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition, Vision

    Polish multi-utility company ORLEN and Norwegian state-owned energy company Equinor have signed a collaboration agreement to explore opportunities for carbon capture and storage (CCS) technology in Poland. The scope of the agreement covers the transport and storage of CO2 in Poland, with the partners set to jointly identify potential CO2 storage sites, considering both land-based […]

  • Norway: MMC BWMS Receives DNV Type Approval

    13 December 2012

    MMC Green Technology in Fosnavåg, Norway has received type approval by Det Norske Veritas (DNV) for their treatment system MMC BWMS, for ship ballast water. The approval could also result in a tenfold increase in the number of employees, including a massive upsurge in business turnover. A brand new world now seems to open up […]

  • U.S. Senators Introduce Expedited LNG for American Allies Act

    1 February 2013

    U.S. Senators John Barrasso (R-WY), Jim Inhofe (R-OK), and John Cornyn (R-TX) introduced the “Expedited LNG for American Allies Act of 2013 (S.192).”  The bipartisan legislation gives North Atlantic Treaty Organization (NATO) member nations, Japan, and others the same preferential treatment as our free trade partners with respect to exports of natural gas, including liquefied […]

  • Norway: MMC Green Technology Receives DNV Approval for Its BWMS

    13 December 2012
    Business & Finance

    MMC Green Technology in Fosnavåg, Norway has received type approval by Det Norske Veritas (DNV) for their treatment system MMC BWMS, for ship ballast water. The approval could also result in a tenfold increase in the number of employees, including a massive upsurge in business turnover. A brand new world now seems to open up […]

  • Damen Shipyards sells first Stan Tug 1205 within days of arrival at Seawork Show

    7 July 2010

    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 Shipyards 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 […]

  • USA: DOI Announces First Offshore Renewable Energy Lease Sale

    5 June 2013
    Authorities & Government

    As part of the Obama Administration’s all-of-the-above energy strategy to continue to expand domestic energy production, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau yesterday announced that BOEM will hold the first-ever competitive lease sale for renewable energy on the U.S. Outer Continental Shelf (OCS). The […]

  • Damen Shipyards Sells First Stan Tug 1205 Within Days of Arrival at Seawork Show (UK)

    6 July 2010
    Business & Finance, Vessels

    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 Shipyards 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 […]

  • With exploration farm-outs of higher risk wells being more common, Westwood urges buyers to beware

    15 March 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Westwood has advised buyers to be mindful of exploration farm-outs, after analysing the results of 419 high-impact exploration wells drilled outside the U.S. and Canada between 2017 and the end of October 2022.

  • Petrobras debt, operational metrics improve despite profit miss

    22 March 2017

    By Guillermo Parra-Bernal and Marta Nogueira SAO PAULO/RIO DE JANEIRO (Reuters) – Petróleo Brasileiro SA cut debt by 20 percent and had positive free cash flow for the seventh straight quarter during the fourth quarter, in a further sign of recovery at Brazil’s state-controlled oil company in spite of a quarterly profit miss. Net income […]

  • Offshore drilling scene ‘very promising’ for Noble, as it works on bringing to life ‘leading’ market player

    27 February 2023
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders

    Noble Corporation has reaped the benefits of its combination with Maersk Drilling, as shown within its results for 4Q 2022.

  • COVID-19: A pivot point for the energy transition

    30 June 2020
    Market Outlooks, Outlook & Strategy, Transition, Vision

    The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organizations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to greener energy during the coronavirus pandemic.

  • WoodMac: low-carbon power central to energy transition, but replacing oil & gas will be a ‘gargantuan’ task

    2 January 2025
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    Energy intelligence group Wood Mackenzie has published a report listing several key trends shaping the future of the energy sector, including three that are relevant to the offshore industry – the fast pace of China’s energy transition, a comparison of liquefied natural gas (LNG) and carbon capture and storage (CCS) projects, and the potential of offshore wind compared to oil and gas in the North Sea.

  • USA: DOI Announces First Offshore Renewable Energy Lease Sale

    5 June 2013
    Authorities & Government

    As part of the Obama Administration’s all-of-the-above energy strategy to continue to expand domestic energy production, Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau yesterday announced that BOEM will hold the first-ever competitive lease sale for renewable energy on the U.S. Outer Continental Shelf (OCS). The […]

  • Another multi-million dollar deal for TechnipFMC – this time off Norway

    30 June 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    TechnipFMC has secured a significant iEPCI contract with OMV for a gas development project on the Norwegian Continental Shelf (NCS).

  • ABL Group to act as marine warranty surveyor for multiple oil & gas developments off Norway

    27 March 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ABL Group has been appointed as a marine warranty surveyor for the transportation and installation operations on several Aker BP-operated offshore field developments located on the Norwegian Continental Shelf (NCS).

  • Major Discovery for India’s ONGC

    13 August 2012
    Business & Finance

    India’s ONGC, one of the largest Asia-based oil and gas exploration and production companies, has announced that it may have discovered third largest field in India’s Western Offshore Basin. While carrying out development drilling in D1 Field, ONGC discovered a new pool of reserves which may catapult D1 to become the third largest field in […]

  • BSEE Hurricane Response Team Monitors Oil and Gas Activities (USA)

    3 September 2012
    Business & Finance, Project & Tenders

    Offshore oil and gas operators in the Gulf of Mexico are re-boarding platforms and rigs, and restoring production following Tropical Storm Isaac. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team is activated and monitoring the operators’ activities. The team will continue to work with offshore operators and other state and federal agencies […]