10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • WIND FARM OPTIMALISATION: Accurate wind measurement for optimal wind farm design

    23 March 2015

    In the design phase of an offshore wind farm, met data will be one of the influencing factors that play a part in the choice of WTG. The meteorological services that can be involved in the decision at this stage are detailed model data sets of wave and wind conditions to input into Computational Fluid […]

  • Record Revenues for Cameron

    30 January 2014
    Equipment

    Oilfield equipment maker Cameron today reported record quarterly and yearly revenues. Orders booked in the fourth quarter of 2013 totaled $3.3 billion Cameron reported earnings per share for the fourth quarter of 2013 of$1.00, excluding charges. This compares to earnings per share for the fourth quarter of 2012 of $0.95, excluding charges. After-tax charges for the fourth quarter […]

  • Valaris drillships and jack-ups scoop up over $1 billion for new rig deals

    10 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has tucked $1.14 billion under its belt, thanks to multiple new contracts and extensions for its drillships and jack-up rigs in Brazil, the U.S. Gulf of Mexico, the UK North Sea, Trinidad, and Australia.

  • Alaska: Buccaneer Energy Limited Operational Update On The Offshore Cook Inlet

    27 July 2010
    Project & Tenders

    Buccaneer Energy Limited  provides the following update on its offshore operations in the Cook Inlet, Alaska that is conducted through its wholly owned subsidiary Buccaneer Alaska, LLC. North Middle Ground Shoal (NMGS) The NMGS field is in approximately 30′ of water with no unusual technical hurdles to drill and develop reserves. The NMGS field is […]

  • BP’s profit cut in half but $13.8 billion still cinched in 2023

    6 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.

  • Interview: US Offshore Wind Industry – Seeing is Believing

    1 February 2016
    Authorities & Government, Business & Finance, Environment, Human Capital, Research & Development

    The most compelling action to encourage offshore wind development in the United States is to have real live examples of successful offshore wind projects, Charles Nordstrom, a Senior Associate and Head of the US team at BVG Associates, told Offshore WIND in an interview. The first offshore wind farm in US waters, currently under construction off […]

  • Eaton Wins Contract to Support Panama Canal Expansion Program

    16 December 2011
    Business & Finance, Equipment, Technology

    Diversified industrial manufacturer Eaton Corporation has been awarded a three-year, $27 million contract to provide the equipment design, electrical assemblies and engineering services for the distribution and control of electrical power across the Atlantic and Pacific sites of the expanded Panama Canal. The work will be conducted in conjunction with Grupo Unidos por el Canal, […]

  • Lukoil, NewAge farm into Bowleven’s Cameroon offshore block

    24 June 2014
    Business & Finance

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, has delivered its strategic intent to sell part of its interest in the Etinde Permit, offshore Cameroon, by entering into a conditional agreement with LUKOIL and NewAge. Bowleven will reduce its interest in the Etinde permit from 75% to 25% and receive aggregate consideration […]

  • Gulfsands sells Gulf of Mexico interests

    9 December 2014

    Gulfsands Petroleum plc will sell the entire interests in Gulfsands Petroleum USA Inc, (“GP USA”), its subsidiary holding the company’s US Gulf of Mexico interests to Hillcrest Resources Limited of Canada. The transaction expected to close on or before 19th December, 2014. Hillcrest is purchasing all of the Group’s shareholding and loan interests in GP USA and at closing on […]

  • Canada: Talisman Energy Announces Strategic Partnership with Sasol in Montney Shale- C$ 1,050 Million Farrell Creek Asset Sale

    20 December 2010
    Project & Tenders

    Talisman Energy Inc. today announced it has reached agreement to create a strategic partnership with Sasol Limited to develop the Farrell Creek assets in Talisman’s Montney shale play in northeastern British Columbia. Talisman will sell a 50% working interest in its Farrell Creek assets to Sasol for a total consideration of C$ 1,050 million. “This […]

  • Interview: US Offshore Wind Industry – Seeing is Believing

    1 February 2016
    Authorities & Government, Business & Finance, Environment, Human Capital, Research & Development

    The most compelling action to encourage offshore wind development in the United States is to have real live examples of successful offshore wind projects, Charles Nordstrom, a Senior Associate and Head of the US team at BVG Associates, told Offshore WIND in an interview. The first offshore wind farm in US waters, currently under construction off […]

  • As UK’s offshore oil & gas industry slashes emissions, low-carbon era inches closer

    12 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Transition

    OEUK has revealed in a new report that Britain’s offshore oil and gas industry has curbed its emissions footprint by 24% compared to 2018.

  • Upstream spending set for 15-year low as it falls from lower mountain to deeper valley, Rystad says

    12 June 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Global spending is now forecasted to reach $383 billion this year, the lowest level in 15 years and a staggering 29 per cent decrease of $156 billion compared to 2019, according to Rystad.

  • Johan Sverdrup field contribution leads to Aker BP’s credit rating boost

    11 November 2019

    The recent start-up of the Equinor-operated giant Johan Sverdrup offshore oil field in Norway has spurred the credit rating agency S&P Global to upgrade Aker BP’s credit rating.

  • New NCE Subsea CEO States Future Ambitions

    13 March 2014
    Business & Finance

    Norwegian Centre of Expertise Subsea appointed Owe Hagesæther as CEO. Hagesæther has more than 25 years of experience of management positions, international sales, business development and board memberships. Until recently, Hagesæther was CEO of Sea Hawk Navigation AS, a Norwegian advanced detection and navigation equipment developer. An experienced international manager, Hagesæther is aware of the processes […]

  • US Government Lifts Deepwater Drilling Ban

    13 October 2010

    Secretary of the Interior Ken Salazar has determined it is appropriate that deepwater oil and gas drilling resume, provided that operators certify compliance with all existing rules and requirements, including those that recently went into effect, and demonstrate the availability of adequate blowout containment resources. Secretary Salazar reached his decision after reviewing a report from […]

  • Russia: SCF Group Expands Fleet to Support Sakhalin-1 and Sakhalin-2 Projects

    10 February 2011
    Business & Finance

    SCF Group acquires six Aframax shuttle-tankers from OAO Primorsk Shipping Company (PRISCO Corporation) and expands its participation in servicing the Sakhalin-1 and Sakhalin-2 projects. Of the six crude-oil shuttle-tankers, Captain Kostichev, Viktor Titov, Zaliv Aniva, Sakhalin Island and Governor Farkhutdinov are already engaged in servicing major offshore energy projects, under long-term time charters, for the […]

  • UK oil & gas operators expect further 17 pct headcount reduction, survey says

    19 May 2016

    Three in four North Sea oil & gas contractors are less confident about their prospects than they were a year ago, according to a new industry report released on Thursday. 75 per cent of contractors surveyed said they were less confident in their prospects on the UK Continental Shelf (UKCS) compared to just seven per cent […]

  • HYSY 981 completes first part of drilling in disputed waters near Vietnam

    27 May 2014

    China Oilfield Services Limited, the operator of the HYSY 981 rig currently deployed in the South China Sea, has completed the first stage of drilling in the area.

  • Russia: Exxon, Rosneft Team Up on Oil, Gas Projects

    17 April 2012

    Rosneft and ExxonMobil signed yesterday agreements to implement a long-term Strategic Cooperation Agreement concluded in August 2011 to jointly explore for and develop oil and natural gas in Russia and to share technology and expertise. The agreements were signed by Rosneft President Eduard Khudainatov; Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil […]

  • Well-Safe Solutions’ rig braves 13 North Sea storms to carry out Spirit Energy’s 15-well decom program

    5 December 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Well-Safe Solutions has shed more light on its decommissioning assignment with Spirit Energy, a North Sea operator, after crossing the finish line a few months ago, resulting in the completion of abandonment activities for 15 wells and recovery of 45.7 kilometers of tubing and casing alongside four horizontal and six vertical trees.

  • USA: MBARI Engineer Works on Wave Energy Production System

    14 May 2012
    Business & Finance, Equipment, Research & Development

    MBARI engineer Andy Hamilton looks out his office window in Moss Landing and points at the waves crashing on the beach below. “Pretty impressive, aren’t they? You’d think there’d be a way to make use of all that energy.” Since 2009, Hamilton has led a team of engineers trying to do just that. Their goal […]

  • Faroe Islands: Atlantic Petroleum Announces First Q Results (2010)

    21 May 2010

    Atlantic Petroleum today announced its results for the first three months 2010. This company announcement should be read in conjunction with Atlantic Petroleum’s Interim Consolidated Financial Statement attached to this announcement. Sigurð í Jákupsstovu, Atlantic Petroleum’s CEO, stated: “We are pleased to announce the result for 1Q 2010. With two fields now in production and […]

  • Global potential for offshore wind

    29 May 2020
    Business & Finance, Market Outlooks

    In February, Wood Mackenzie sent out a press release stating that the global offshore wind demand will increase nearly six fold over the next ten years. With such huge global potential, We spoke to newly founded World Forum on their outlook. By the end of 2017, offshore wind had only been deployed commercially across seven […]

  • AWE Sells Share in BassGas Project (Australia)

    28 January 2014
    Business & Finance

    AWE Limited has agreed to sell an 11.25%interest in T/L1 (BassGas infrastructure & Yolla field) and a 9.75% interest in T/18P (Trefoil field)  in Australia to Prize Petroleum Company Limited, a subsidiary of Hindustan Petroleum Corporation Limited, for a total cash consideration of AUD85 million. AWE will receive AUD80 million upon completion of the sale […]