10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Denmark to end oil and gas era by 2050

    4 December 2020
    Authorities & Government, Outlook & Strategy, Regulation & Policy, Transition

    The Danish Parliament has announced that it will cancel all future licensing rounds for new oil and gas exploration and production permits in the Danish part of the North Sea and end existing production by 2050.

  • One project after another: Wales tidal lagoon 2.0

    25 July 2020
    Authorities & Government, Business Developments & Projects, Infrastructure, Ports & Logistics, Research & Development, Technology

    Not long after Swansea Bay tidal lagoon project officially reached the end of the road, scheme for a new tidal lagoon in Wales rolled out. The company behind the project, Mostyn SeaPower, is planning a £590-million ($750 million) tidal lagoon which clould supply low carbon electricity to power about 82,000 homes in North Wales. The […]

  • First oil flows from subsea tie-back in North Sea

    6 December 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    North Sea-focused Ithaca Energy has started production from a subsea tie-back to its FPF-1 facility located in the UK North Sea.

  • Equinor buys its way into project envisaged as ‘premier regional carbon storage hub’ in US

    29 August 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Transition

    Equinor has gotten its hands on a stake in a carbon capture and sequestration (CCS) project located along the Texas Gulf Coast.

  • Russia ordered to pay €5.4M in 2013 Greenpeace arrest case

    19 July 2017

    An international arbitration tribunal has ruled that Russia must pay a 5.39 million euros compensation to the Netherlands for the damage to the Dutch-flagged, Greenpeace-operated Arctic Sunrise vessel, and the arrest of Greenpeace protesters in 2013. The arbitration, launched by the Netherlands, concerns the measures taken by Russia against the Dutch-flagged ship Arctic Sunrise and […]

  • The Netherlands: Fugro Reports Growth in Revenue with Improving Market Conditions

    21 May 2012
    Business & Finance, Operations & Maintenance

    For Fugro the year 2012 started with improved performance compared to the same period in 2011. The oil price remained on average around USD 120 per barrel (Brent). The sustained high levels of exploration and production spending by the oil and gas industry result in continued improvement of Fugro’s related activities. Geoscience Fugro has built […]

  • Statoil Recommends Timeline for Electrification of Utsira High (Norway)

    1 November 2012
    Business & Finance, Operations & Maintenance

    Statoil recommends a timeline for joint power supply from land to the Edvard Grieg, Ivar Aasen, Johan Sverdrup and Dagny fields, which will start power deliveries to this area of the Utsira High in the North Sea from 2018. The recommended proposed timeline for an area solution for joint power supply from land entails installation […]

  • PSA Norway: New Info on Offshore Stability Issues Revealed

    16 April 2013
    Business & Finance

    The investigation conducted by the Petroleum Safety Authority Norway (PSA) into the Floatel Superior stability incident on 7 November 2012 has yielded new knowledge about securing anchors and transport at transit draft. It has also exposed challenges related to regulations, classification and design assumptions. An unsecured anchor caused the hull of the Floatel Superior accommodation […]

  • Decom North Sea hosts Networking breakfast during OTC

    6 May 2014
    Business & Finance

    The Gulf of Mexico (GoM) is one of the most important regions for energy resources and infrastructure, producing 370 million barrels of oil and 1,103 billion cubic feet of natural gas in 2013, worth an estimated $40 billion. As the industry matures, record levels of infrastructure are facing decommissioning and in a bid to identify […]

  • Bright future ahead for high-spec flotels

    25 September 2014
    Equipment

    The industry is screaming for offshore accommodation capable of working in harsh conditions

  • Belgium: Wind Energy Will Help Europe’s Economy Set Sail Again

    7 May 2013

    The 1 May celebrations in Europe last week were tainted by historically high unemployment levels, a miserable macroeconomic outlook and a battered climate and energy policy.  Written by Thomas Becker, CEO at European Wind Energy Association (EWEA)  The challenges facing Europe’s economy are many. But it is beyond doubt that a thorough modernisation of our […]

  • ‘Challenging’ period for LNG fleet ahead unless freight efficiency increases, Norwegian firm’s analysis shows

    26 August 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Awilco LNG, a Norwegian-based fully integrated pure-play liquefied natural gas (LNG) transportation provider, has highlighted in its analysis of the LNG market trends in the first half of 2024 and predictions for the upcoming period that the market activity is picking up the pace even though the charter rates have hit the lowest point since 2020.

  • Nam Cheong 2Q Net Profit Up 83 Pct (Malaysia)

    13 August 2013
    Business & Finance

    Nam Cheong Limited , one of Malaysia’s largest Offshore Support Vessel builders, reported strong results performance with an 83% surge in net profit to RM41.1 million for the three months ended June 30, 2013 (“2Q 2013”), from RM22.5 million in the corresponding period last year (“2Q 2012”). Robust vessel sales boosted a revenue growth of 84% to RM275.3 […]

  • Dp Gezina – New Flagship for Chevalier Floatels Hits the Trail

    11 June 2013

    On 17 May in Hardinxveld-Giessendam on the Merwede River, the naming ceremony of the DP Gezina took place. Despite the terrible weather, nothing could be done to dampen the spirits or the mood of the day, as the association of Chevalier Floatels and Holland Shipyards took another big step forward with the unveiling of what […]

  • Offshore blades: The cutting edge – LM Wind Power

    11 April 2012

    LM Wind Power is the largest and most well-known blade manufacturer in the world but its origins are perhaps surprising. In an exclusive interview with Offshore WIND Peter Hansen, Senior Project Manager LM Wind Power, Technical Account, outlines the development of the offshore blade and the journey that took the company from making mobile fish […]

  • Equinor files plan for further development of North Sea field, unveils investment of over $1.1bn

    26 November 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Market Outlooks, Rules & Regulation, Transition

    Equinor and its partners have submitted a PDO for the Oseberg field and revealed plans for investing over $1.1. million in this development.

  • Are Britain’s green and low-carbon ambitions hanging by a thread?

    1 August 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    A deep dive into the recent developments in the UK and the way the energy industry feels about their potential impact on net-zero aspirations.

  • Canada: Antrim Releases 2013 First Quarter Financial and Operational Results

    15 May 2013
    Business & Finance, Operations & Maintenance

    Antrim Energy Inc. (“Antrim” or “the Company”), an international oil and gas exploration and production company, reported its financial and operational results for the three month period ended March 31, 2013. All financial figures are unaudited and in US dollars unless otherwise noted. HIGHLIGHTS: – Causeway production rates average gross 3,336 bbls/day (net 976 bbls/day) […]

  • SBM Offshore’s FPSO trio nearing finish line for first oil next year as ExxonMobil sets its cap on buying another Guyanese unit

    14 November 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition

    SBM Offshore is putting the finishing touches in place to make three of its floating production, storage, and offloading (FPSO) vessels ready to start their assignments next year. Two of these will be deployed at oil fields offshore Brazil while one is destined for ExxonMobil’s project off the coast of Guyana.

  • Bourbon Releases First Half 2011 Results (France)

    31 August 2011
    Business & Finance, Operations & Maintenance

      Bourbon released solid first half results with significant recovery in activity: +18.8%,sharp increase in EBITDA (+19.3% sequentially) to 142.1 million euros,net loss,group share of 21.4 million euros owing to the change in the dollar exchange rates, generating 30.5 million euros in net financial expenses. “We have arrived at the end of a downturn that […]

  • The vision of… Ard-Jan Kooren

    10 October 2012

    Thinking outside the box. That is important to Ard-Jan Kooren, CEO of maritime service provider KOTUG. KOTUG’s history goes back more than a century. Antonie Kooren was the founder of the towage services of the Kooren-family and in 1911, the first Kooren-tugs were in operation. In 1934, Adriaan Kooren, grandfather of Ard-Jan Kooren, registered as […]

  • Westwood: UK’s windfall tax puts oil & gas investments at risk, with domino effect on North Sea rig demand

    24 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    Westwood says that the UK’s tax changes could amplify the exodus of rigs from the North Sea, which is already in full swing.

  • Set on diversifying energy sources’ geographic mix, Eni joins peers in posting bumper profits in 2022

    23 February 2023
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.

  • “We need a far more decisive break from the past”

    6 June 2018

    They both worked at the central bank of their home country before joining an oil and gas major.

  • OPT Releases Financial Results for Fiscal Fourth Quarter

    30 July 2014
    Business & Finance, Operations & Maintenance

    Ocean Power Technologies, Inc. announced financial results for its Fiscal 2014 fourth quarter and full-year ended April 30, 2014 (“fiscal 2014”). David L. Keller, Interim Chief Executive Officer of OPT, stated, “There have been several significant events and much change since the Company last reported financial results. We believe we have fully disclosed this information […]