10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • EU project adds ‘missing brick’ with innovative approach to WEC testing

    28 June 2024
    Business Developments & Projects, Innovation, Operations & Maintenance, Project & Tenders

    The European project IMPACT has created an “innovative approach” for testing wave energy converter (WEC) reliability, performance, and destructivity with the dual hardware-in-the-loop (Dual HIL) platform which tests different parts of the WEC simultaneously.

  • 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 […]

  • Bookings Opened for Annual Offshore Decommissioning Conference (UK)

    5 August 2013
    Business & Finance

    Bookings have officially opened for the annual Offshore Decommissioning Conference organised by Decom North Sea in partnership with Oil & Gas UK. This year’s event, sponsored by Ernst & Young LLP, will be held at the Fairmont Hotel, St Andrews, on 2-3 October. With annual expenditure for North Sea decommissioning projects forecast to top £1billion […]

  • Encana Agrees to Sell Gas Assets in North Texas (USA)

    3 November 2011

    Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, has reached an agreement to sell its North Texas natural gas producing properties to certain partnerships managed by EnerVest, Ltd. of Houston, Texas for approximately US$975 million. With the completion of this divesture, plus other non-core asset sales, Encana expects to have net divestitures […]

  • Iran’s President: No Oil Will Be Exported from the Gulf, if Iranian Exports Are Halted

    6 December 2018

    Rouhani: If the U.S. wants to stop our oil sales, no oil will be exported from the Persian Gulf.

  • Total: All Culzean topside modules installed. HUC work to start in August

    10 July 2018

    Total-operated Culzean development in the UK North Sea has reached an important breakthrough this week. Namely, all topsides modules were installed by the Heerema Marien Contractors’ heavy lift vessel, SSCV Thialf.

  • Valaris secures $285 million in revenue backlog with new rig contracts

    26 November 2019
    Business & Finance, Exploration & Production

    Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico. 

  • Valaris investor gets seat on board of directors

    27 January 2020
    Business & Finance

    Offshore drilling contractor Valaris has appointed a new member of its board of directors as part of the company’s board refreshment program.

  • UK: Stockton North MP, Alex Cunningham: “IHC EB Represents the Future and the Best of the Past”

    1 September 2010
    Equipment

    In a visit to IHC Engineering Business (EB) on Tuesday 31 August 2010, local Labour MP, Alex Cunningham, (Stockton North), declared that the company which recently (31 May 2010) completed an order to build one of the world’s biggest marine pipe laying machines, represents the “future and the best of the past”. Local MP, Alex […]

  • SR Chief Executive: Renewables are power with purpose

    18 December 2017
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    Tidal Energy Today is featuring a piece written by Scottish Renewables Chief Executive Claire Mack who talked about the importance of renewable energy, both for the environment and the economy.

  • Shipyard De Hoop Completes First of Three Ships for Vantage Travel

    12 April 2012

    The number of river cruise passengers in Europe has increased 2.5-fold in the past ten years. About half of the 230 river cruise ships on the European rivers is younger than ten years old. One of the key players in this expansion has been Shipyard De Hoop, located in Lobith-Tolkamer, the Netherlands, and separated from […]

  • 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 […]