10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Multimillion-dollar investment smoothing the way for Canada’s $9 billion LNG megaproject to reach FID

    15 January 2025
    Business & Finance, Business Developments & Projects

    Canada’s proposed 12-million-tonne-per-year liquefied natural gas (LNG) project on Pearse Island at the northwest coast of British Columbia (B.C.) is off to a great start in 2025 with new equity funding in place to fully support remaining development activities through to a final investment decision (FID), which is targeted to come later this year.

  • Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals

    1 January 2025
    Business & Finance, Business Developments & Projects, Environment, Regulation & Policy

    Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing liquefied natural gas (LNG) export terminals which they believe are causing damage to the environment.

  • Three Seadrill rigs joining Singapore player’s fleet

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

    Edrill is expanding its rig fleet thanks to a deal with Seadrill, which will enable it to buy three tender-assist drilling units.

  • New joint venture for LNG maritime infrastructure to support energy transition

    5 July 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    US energy infrastructure company New Fortress Energy (NFE) and compatriot alternative asset manager Apollo have entered into a definitive purchase and contribution agreement to sell 11 LNG infrastructure vessels owned by NFE to a newly formed joint venture (JV) between funds managed by Apollo and NFE. The JV, formed in a transaction valued at approximately […]

  • REPowerEU: Renewables industry calls for ‘bolder action’ on cleantech innovation

    6 June 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology

    Ocean Energy Europe (OEE) has signed a joint letter supporting the objectives of the REPowerEU Plan to phase out Europe’s dependency on fossil fuels faster, calling also for ‘bolder action’ on the accelerated roll-out of renewable energy.

  • Samsung Heavy, Seaborg join forces to develop floating nuclear power plants

    12 April 2022
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Outlook & Strategy, Safety, Technology, Transition, Vessels, Vision

    South Korean shipbuilder Samsung Heavy Industries (SHI) and Seaborg Technologies, a Denmark-based startup focused on nuclear reactor technology, have entered into a partnership to develop floating nuclear power plants.

  • USA: Rohr Sand and Gravel Dredge Acquisition Wins Ellicott Dredges “Deal of the Year Award”

    11 December 2011
    Business & Finance, Vessels

    The Association for Corporate Growth (ACG) Maryland Chapter, the premier network for middle market deal makers, awarded the prestigious “Deal of the Year Award” to Ellicott Dredge Enterprises, LLC for its purchase of selected assets from Rohr Corporation. In March 2011 Ellicott Dredge Enterprises, LLC acquired selected US assets of Rohr Corporation, including its backlog […]

  • Wight Shipyard to merge with OCEA

    8 February 2022
    Business & Finance, Business Developments & Projects, Collaboration, Market Outlooks, Outlook & Strategy

    Britain’s aluminium shipbuilder, The Wight Shipyard Co., has unveiled an all-share merger with the complementary French shipbuilder OCEA to create a combined group to capitalise on the fast ferry and offshore renewable energy markets opportunities.

  • US Seismic Systems Presents New Fiber Optic Ocean Bottom Cable Solution for 4D Marine Seismic

    19 September 2011
    Business & Finance, Equipment, Operations & Maintenance

      US Seismic Systems Inc. (USSI) , a subsidiary company of Acorn Energy, Inc.  is expanding its offering of Ultra High Sensitivity (UHS) fiber optic sensors to include Ocean Bottom Cables (OBC) which are a critical component for the rapidly emerging market for Permanent Reservoir Monitoring (PRM). USSI will exhibit its new product at the […]

  • Canadian Govt Urged to Release CETA Text

    10 September 2014

    The newly formed Canadian Maritime and Supply Chain Coalition said yesterday that it had learned that European Member States have until September 12, 2014 to make amendments to the text of the Canadian-European Comprehensive Economic Trade Agreement (CETA). Based on this new information, the Coalition is demanding that the Canadian Government release the full text […]

  • Bassoe: Welcome to the real world, where offshore drilling rig values are an enigma

    11 October 2019
    Exploration & Production

    Available assets, lack of capital, and sluggish fundamental market improvement are keeping rig values under pressure

  • Report: Bahri Linked to Charter of LNG Carriers

    9 December 2019
    Business & Finance

    Bahri reportedly issued an expression of interest to charter up to 12 liquefied natural gas tankers.

  • Noble Energy: Leviathan sanction could spill over to 2017

    3 November 2016

    U.S. energy major Noble Energy has said it has made progress towards the sanctioning of the giant Leviathan gas field, offshore Israel. However, the field might now be sanctioned early in 2017, instead of the previously expected fourth quarter of 2016 Final Investment Decision date. The company, which in the third quarter signed a large sales […]

  • OPT widens losses as PowerBuoy gears up for customers

    11 December 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    US-based ocean energy solutions provider Ocean Power Technologies (OPT) has recorded 50% increase in net loss for the second quarter of fiscal 2019 as compared to the same period last year.

  • Fredriksen: Turmoil in China Not Good for Shipping Market

    26 August 2015
    Business & Finance

    Norwegian-born oil tanker and shipping magnate John Fredriksen voiced his worries over the impact the turmoil spreading from China could have on the shipping industry. “It seems there are big problems in China,” Fredriksen said in an interview with Bloomberg in Oslo on Monday. “That’s at least not good for the shipping market.” China’s stocks […]

  • Areva Sells Its Stake in Adwen to Gamesa for EUR 60 Million

    15 September 2016
    Business & Finance

    Areva has decided to sell its 50% stake in the offshore wind turbine manufacturer Adwen for EUR 60 million to Gamesa, with which Areva had a 50-50 ownership in the joint venture and which is now in a merger process with Siemens. The completion of the sale and purchase of the shares of Adwen owned by […]

  • LNG Terminal in Singapore Starts Commercial Operations

    7 May 2013

    Singapore’s energy sector marks a significant milestone today, as its Liquefied Natural Gas (LNG) terminal receives its first commercial cargo and commences commercial operations. The LNG Terminal is a key infrastructure that supports Singapore’s energy diversification strategy. It allows the nation to import natural gas from around the world, thus enhancing its energy security and […]

  • Talisman Cuts Capital Spending Plan (Canada)

    11 January 2012

    Talisman Energy Inc. has announced its capital spending plans for 2012. The company expects to spend slightly over $4 billion this year, a decrease of approximately $500 million over 2011, although it will increase spending on liquids opportunities within the portfolio. “Our plans for 2012 have been shaped by low North American natural gas prices […]

  • Ernst & Young: Diverse New LNG Supply Could Challenge Pricing Status Quo

    20 March 2013

    A new report released by Ernst & Young, looks at the evolving market dynamics for global LNG. The “Global LNG report – Will new demand and new supply mean new pricing” indicates the near-consensus view of strong LNG demand growth over the next 10-20 years, but with a growing role for more price-sensitive buyers who […]

  • UK: BP 2Q Profit Down

    31 July 2012

    BP today reported its quarterly results for the second quarter of 2012. Underlying replacement cost profit for the quarter, adjusted for non-operating items and fair value accounting effects, was $3.7 billion, compared with $5.7 billion for the same period in 2011 and $4.8 billion for the first quarter of 2012. Compared to the previous quarter, […]

  • Chevron: Gorgon LNG Costs Climb to AUD 54 Bln

    12 December 2013

    Chevron Corporation announced a $39.8 billion capital and exploratory investment program for 2014. Included in the 2014 program are $4.8 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. Chevron’s 2014 budget is approximately $2 billion lower than expected total investments for 2013. For the current year, total investments are […]

  • Oil & Gas Innovation Centre launched in Aberdeen

    11 November 2014
    Equipment

    At its official launch hosted by Hydro Group plc in Aberdeen last night (Monday, November 10), the newly established Oil & Gas Innovation Centre (OGIC) revealed that it now has its first approved and funded projects coming on stream and is in discussion with more than 50 companies regarding technology development opportunities. OGIC says it […]

  • Big oil to keep capital investment taps closed despite collecting $283 bln in 2022, says Westwood

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

    Westwood looks into the conundrum concerning the cashflow and capex of five supermajors: BP, Shell, Chevron, ExxonMobil and TotalEnergies.

  • Norway: DeepOcean Group Presents New Board of Directors

    15 July 2011
    Business & Finance, Operations & Maintenance

      DeepOcean Group Holding AS, an integrated provider of subsea, trenching and marine support vessels and services, today announced the formation of its Board of Directors. The Board is currently comprised of five directors, including three industry veterans, as well as two representatives of the Company’s new shareholders: Thomas Thune Andersen, Chairman of the Board; […]

  • Offshore Energy Conference Review: From industry wide challenges to technology niches

    12 January 2016

    Globally some 250,000 jobs have been cut in the oil and gas industry, Bloomberg recently published, quoting Houston based industry consultant Graves & Co. More than 1,000 rigs now lay idle and the industry has reduced its spending by more than USD 100 billion this year to cope with oil prices that have fallen by more than half since 2014.