10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Devon Entrepreneur Plans £650 Mln Swansea Bay Tidal Lagoon, UK

    29 May 2013
    Business & Finance, Operations & Maintenance, Research & Development

    A green energy entrepreneur from Devon is planning to build the world’s first purpose-built, tidal energy lagoon, capable of generating predictable, renewable electricity for more than 100,000 homes. Mark Shorrock from Tavistock is the driving force and chief executive of Tidal Lagoon Power Limited, which for the last 18 months has been working up detailed […]

  • TORM swoops in to buy three fuel-efficient MR product tankers

    16 March 2023
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    Danish shipping company TORM has inked a deal to acquire three 2013-built MR eco product tankers, pushing its fleet to 88 vessels. The company said the tankers will be bought for a total cash consideration of $48.5 million and the issuance of 1.42 million shares. As informed, the three vessels are all built at a tier […]

  • Petrobras changes its mind about selling stakes in Brazilian deepwater basin

    17 May 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petrobras has revealed its intention to end the divestment process for a partial sale of assets in the Sergipe-Alagoas Basin, off Brazil.

  • Subsea UK Expects Thousands to Descend in Aberdeen for Europe’s Largest Subsea Event

    6 February 2012
    Business & Finance

    Subsea 2012, which will be held over two days, will demonstrate how the subsea industry continues to be at the forefront of development in new frontiers, reaching further and going deeper than ever before. Subsea UK’s annual conference and exhibition has attracted leading industry figures from all over the world with around 2,500 representatives from […]

  • Plexus sells wellhead equipment to Russian partners

    14 February 2018
    Equipment

    Plexus has announced the sale of two POS-GRIP rental wellhead sets and associated mudline equipment to Gusar.

  • Sen. Murkowski: U.S. sanctioning itself by lifting sanctions against Iranian oil

    20 April 2015

      Lisa Murkowski, the chairwoman of the U.S. Senate Committee for Energy & Natural resources, and a Senator in Alaska, has today said it will start working on a legislation to repeal the U.S. oil export ban. Speaking during the opening session of the IHS CERAweek in Houston, she today used the opportunity to say […]

  • Bankrupt Portuguese Shipyard Operator to Pay Back USD 324 Million of EU Aid

    11 May 2015
    Business & Finance

    The European Commission has found that around EUR 290 million (USD 324 million) of public support granted by Portugal to Estaleiros Navais de Viana do Castelo, S.A. (ENVC), the former operator of shipyards located in Viana do Castelo in Portugal, was not compatible with EU state aid rules, and is to be paid back by the ENVC. The […]

  • Bourbon’s Assets Sold to Societe Phoceenne de Participations

    26 December 2019
    Business & Finance

    Court has decided to sell Bourbon Corporation’s assets to Société Phocéenne de Participations.

  • Oil slides to lowest since 2003 as Iran sanctions lifted

    18 January 2016

    Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country over the weekend.

  • Tamarind gains control of Tui

    1 March 2017

    Australian oil and gas company AWE has completed the sale of its 57.5% interest in the Tui Area Oil Project off New Zealand, including the transfer of operatorship, to Malaysia’s Tamarind Management. AWE said on Wednesday that the 57.5 percent interest in Tui was for a cash consideration of $1.5 million before tax and that […]

  • EOC Returns to Black

    24 October 2013
    Business & Finance

    EOC Limited (EOC or the Group), one of Asia’s leading providers of offshore production services to the oil and gas (O&G) sector, has returned to the black with a net attributable profit of US$11.1 million for the financial year ended 31 August 2013 (FY13), compared to a net loss of US$12.4 million in the previous […]

  • Gener8 Maritime Sells Three Oldies

    1 August 2017
    Business & Finance

    New York-headquartered crude oil shipping company Gener8 Maritime revealed it has entered into agreements to sell its three older vessels. Following the sale, agreed in July 2017, the company expects to receive net cash proceeds of USD 3.4 million after debt repayment of USD 24.1 million. The vessels in question are two 1999-built Suezmax tankers, Gener8 Horn […]

  • BIMCO: Supply-Side Crucial for Boxship Market Recovery

    31 January 2017
    Business & Finance

    The demand for container shipping grew steadily in 2016 improving the fundamental balance in the market in the second half of the year, driven by decisive actions by shipowners selling excessive tonnage for demolition, according to BIMCO. An early assessment of the overall market demand growth rate for 2016 is 2.5%. 2016 saw increased demand on all […]

  • Germany: Aurelius Sells Majority Interest in Several Companies to Callista Private Equity

    9 January 2014
    Business & Finance

    The Munich-based AURELIUS Group  is selling its majority interest in MS Deutschland Holding and hence in MS “Deutschland” Beteiligungsgesellschaft mbH, to which both Reederei Peter Deilmann and the cruise liner DEUTSCHLAND belong. The buyer is Callista Private Equity. The Munich-based private equity firm specializes in the acquisition of majority interests in companies with revenues of […]

  • Vryhof Strengthens Global Presence

    10 August 2017
    Business & Finance, Equipment, Operations & Maintenance

    Anchoring and mooring solutions specialist Vryhof is expanding its global footprint with its companies, Deep Sea Mooring (DSM) opening a new office in Aberdeen, and Vryhof Anchors appointing Singapore-based Franklin Offshore as its exclusive representative for selling Vryhof solutions in a number of Asia Pacific countries. “In an industry that has seen considerable negativity over the […]

  • BP Confirms Sale of Forties Pipeline to Ineos

    3 April 2017
    Project & Tenders

    BP has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to Ineos. The company entered into discussions with Ineos regarding a potential sale of the FPS in March this year. Subject to partner, regulatory and other third party […]

  • APPEA: WA Gas Needs Best Met by Maturing, Diversified Market

    3 February 2014

    Western Australia’s second Gas Statement of Opportunities (GSOO) confirms once again that an open and competitive market – not government intervention – is the key to guaranteeing the state’s long-term energy security, the Australian Petroleum Production & Exploration Association (APPEA) said in a statement. Released by the state’s Independent Market Operator, the GSOO reconfirms forecasts […]

  • MAN engines and turbochargers for TOTE LNG container ship

    14 August 2014
    Vessels

    TOTE LNG-powered container ship received all-MAN package including main engine, auxiliary engines and turbochargers. The recent delivery of the world’s first dual-fuel, low-speed ME-GI engine from Doosan Engine to the American National Steel and Shipbuilding Company (NASSCO) set a new, historical milestone in engine technology. The 8L70ME-C8.2-GI main engine is aspirated by 2 × TCA66 […]

  • Gazprom, Belarus Ink Gas Supply Deal

    25 November 2011

    Today at the Gorky residence in the presence of Dmitry Medvedev, President of the Russian Federation, Alexander Lukashenko, President of the Republic of Belarus, Vladimir Putin, Prime Minister of the Russian Federation and Mikhail Myasnikovich, Prime Minister of the Republic of Belarus Gazprom and Beltransgaz signed the contracts for gas supply to and transit across Belarus from 2012 through 2014. Besides, Gazprom and the State […]

  • Repsol net income falls. Production rises despite interruptions in Libya

    26 February 2014

    Spanish Repsol posted a recurring net income of 1.823 billion euros for 2013, calculated at current cost of supply (CCS), 6.7% lower than the previous year. The company said that these earnings – that exclude atypical results and take into account replacement costs of raw materials and products – reflect Repsol’s ongoing business performance during […]

  • Carnarvon mobilising to spud Buffalo well in early November

    22 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Carnarvon Petroleum is on track to start drilling operations on its Buffalo-10 well, located in the Timor Sea, in early November.

  • Demolition of crude oil tankers: All talk and little walk

    12 March 2021
    Business & Finance

    The industry buzz around large scale demolition of crude oil tankers has brought little tonnage to the scrapyards crushing market recovery hopes pinned on scrapping, BIMCO said. The year 2021 has been tough on crude oil tanker freight rates across the board so far. Nevertheless, there has been all talk and very little walk when […]

  • MUA: Australian seafarers win legal victory over MV Portland replacement

    10 August 2020
    Authorities & Government, Human Capital, Regulation & Policy

    The Federal Court of Australia has handed a major legal victory to ten Australian seafarers who undertook a two-month sit-in to prevent their vessel, the MV Portland, from being replaced by foreign flag-of-convenience ships crewed by exploited workers.

  • MV Werften Lays Keel for 2nd Global Class Ship for Dream Cruises, Eyes Construction of Universal Class Ships

    10 December 2019

    MV Werften hosted a key-laying ceremony for the second 208,000 gross ton Global Class ship for Dream Cruises.

  • Oil falls as U.S. drills more

    12 September 2016

    Oil fell for a second trading day in a row on Monday, after speculators cut their bullish bets by the most in three months last week and U.S. crude drillers added more rigs for a tenth week running.