10000 results found for 'cove shell'

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

  • 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

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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.

  • 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.

  • 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 […]

  • Repsol 2013 Net Income Down

    26 February 2014

    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. These earnings – that exclude atypical results and take into account replacement costs of raw materials and products – reflect Repsol’s ongoing business performance during a period marked by a […]

  • EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus

    19 December 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation, Technology

    The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world.

  • 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 […]

  • Finland to Set Aside USD 1.25bn for Icebreaking Fleet Renewal

    28 November 2014
    Business & Finance

    Finland’s Cabinet Committee on Economic Policy has outlined the future of the wholly state-owned company Arctia Shipping Ltd., saying that all of the company’s vessels must be replaced by 2029 for the total investment of EUR 1 billion (USD 1.25bn).  The outline is based on a joint draft by the Prime Minister’s Office, the Ministry of Transport and Communications, the […]

  • Saudi Aramco taps JPMorgan, Morgan Stanley for IPO, HSBC a contender – source

    22 February 2017

    By Mike Stone and Sumeet Chatterjee (Reuters) – Oil giant Saudi Aramco has asked JPMorgan Chase & Co <JPM.N> and Morgan Stanley <MS.N> to assist with its upcoming mammoth IPO and could call on another bank with access to Chinese investors, a source with direct knowledge of the matter said. The U.S. banks have joined […]

  • THHE, McDermott parting ways

    26 September 2016

    Malaysian TH Heavy Engineering Berhad (THHE), building offshore structures for the offshore oil and gas industry, is parting ways with McDermott, the U.S. engineering and construction firm. Namely, the companies are, by mutual agreement, terminating several joint venture firms they had established in 2013 to provide various services for the offshore oil and gas industry. According […]

  • EPB to Buy 50 Pct Stake in Gulf LNG from Kinder Morgan

    29 April 2014
    Project & Tenders

    El Paso Pipeline Partners will acquire from Kinder Morgan KMI’s 50 percent interest in Ruby Pipeline, 50 percent interest in Gulf LNG and 47.5 percent interest in Young Gas Storage. The transaction value is approximately $2 billion, including $1.012 billion of proportionate debt at Ruby and Gulf LNG, resulting in an equity purchase price of […]

  • CMA CGM to Acquire Mercosul Line from Maersk Line

    13 June 2017
    Business & Finance

    French liner company CMA CGM has signed a binding deal with Danish counterpart Maersk Line to acquire Mercosul Line that operates in Brazil’s domestic container shipping market. As explained, the acquisition of Mercosul Line would allow CMA CGM to strengthen its service offering to and from South America, most notably in Brazil, which was described […]

  • UK: NOC Announces New SBRI Competition

    2 September 2014
    Business & Finance, Equipment, Research & Development

    The latest Small Business Research Initiative (SBRI) competition was launched today at the NOC in Southampton, making £1.5 million available to UK businesses to develop novel adaptive autonomous ocean sampling network (AOSN) management systems. The competition, run by the Natural Environment Research Council, in partnership with the Defence Science and Technology Laboratory (DSTL) and Innovate […]

  • Enauta completes another well in its drilling campaign off Brazil and moves to last one

    8 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Enauta has concluded the drilling and completion of another well in its drilling programme at a field offshore Brazil. In addition, the firm has started drilling activities at the last well in this drilling campaign.

  • Indian energy players team up for green hydrogen

    4 April 2022
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition

    Indian Oil, Larsen & Toubro (L&T), and ReNew Power have formed the Green Hydrogen joint venture in a move to enable India’s decarbonisation push.

  • Vaalco brings online the first of four wells in Gabon drilling campaign

    7 February 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Vaalco Energy has completed its first well of four wells in the 2021/2022 drilling campaign offshore Gabon.

  • Seadrill asks creditors to write off $4.8 billion of debt

    5 April 2021
    Business & Finance, Business Developments & Projects

    Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85 per cent of its debts in exchange for a 99 per cent stake in the reorganized company.

  • Pivotal and WesPac to Fuel TOTE’s 2 Container Ships in Jacksonville, USA

    7 February 2014
    Business & Finance

    Pivotal LNG, Inc., a wholly owned subsidiary of AGL Resources, and WesPac Midstream LLC (WesPac) have been selected by TOTE, Inc. to provide liquefied natural gas (LNG) to fuel TOTE’s two new state-of-the-art container ships in Jacksonville, Fla. TOTE’s new dual fuel LNG container ships are expected to be delivered to the port in Jacksonville […]