10000 results found for 'cove shell'

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

  • 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.

  • BW Offshore buys more Dussafu stake (Gabon)

    22 February 2017
    Business & Finance

    FPSO provider BW Offshore has entered into a sale and purchase agreement with Panoro Energy to buy a further 25% working interest in the Dussafu production sharing contract, offshore Gabon. BW Offshore in December 2016 formed a joint venture company with BW Group, known as BW Energy Holdings Pte. Ltd. (BWEH), for the purpose of pursuing oil and […]

  • Drewry: Merger with Hanjin Would Boost HMM’s Chances of Survival

    7 March 2016
    Business & Finance

    Financially-troubled South Korean carrier Hyundai Merchant Marine (HMM) which is exploring various options to stay afloat will likely survive, Drewry believes, adding that a merger with compatriot Hanjin Shipping is a very real possibility that would help that happen. HMM is on course to report five consecutive years of operating losses when it releases its full-year […]

  • IPP Buys LNG Plant in Germany

    3 April 2013

    International Process Plants (IPP), through its affiliate, announced the purchase and acquisition from RWE AG, a multinational electricity and gas company based in Essen, Germany, of a Liquified Natural Gas (LNG) Peak Shaving Plant (PSP) located in Dormagen, Germany. IPP is now selling this LNG plant to be operated at the present site in Germany, […]

  • USA: Chevron Profit Plunges to USD 5.3 Billion

    2 November 2012

    Chevron Corporation today reported earnings of $5.3 billion for the third quarter 2012, compared with $7.8 billion in the 2011 third quarter. Sales and other operating revenues in the third quarter 2012 were $56 billion, compared to $61 billion in the year-ago period. “This quarter’s earnings were solid, but off from their near record level […]

  • GOGL Posts Loss, Delays Delivery of 19 Newbuilds

    28 May 2015
    Business & Finance

    Golden Ocean Group Limited, a dry bulk shipping company created through a merger of former Knightsbridge Shipping Limited and Golden Ocean, reported a net loss of USD 15.3 million and a loss per share of USD 0.18 for the first quarter of 2015.  The company explained that the earnings in the first quarter were hit by idle […]