10000 results found for 'culzean'

10000 results found for 'culzean'
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  • EnerMech wins new batch of crane management contracts

    27 June 2018
    Business & Finance, Infrastructure

    EnerMech has secured a new cranes and lifting services contract in the North Sea. Extends several existing contracts.

  • Total hires DNV GL for services on UK North Sea assets

    22 February 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    DNV GL has been awarded a three-year contract by Total to provide multiple services across the full portfolio of the operator’s assets in the UK North Sea.

  • Keppel, Shell Form LNG Bunkering JV in Singapore

    8 July 2016
    Business & Finance

    KS Investments Pte Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd, has entered into a shareholders agreement with Shell Eastern Petroleum, a part of Royal Dutch Shell, to form a joint venture company which will establish an LNG bunkering business in Singapore. The joint venture’s principal business activities will be to supply LNG bunkering operations services […]

  • Maersk Oil Cuts Workforce

    26 October 2015
    Business & Finance

    Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisation during 2015, the company said. “The move follows […]

  • Maersk Oil posts $2.1B loss for 2015

    10 February 2016

    Danish oil company Maersk Oil made a loss of $2.1bn in 2015, compared to a loss  of $861 million in the full year 2014. According to the oil firm, the result was negatively affected by impairments after tax of $2.6 billion due to the low oil price expectations. The underlying profit was down to $435 milion, from […]

  • The Netherlands: Maersk Oil to Dock Gryphon FPSO in Rotterdam for Repairs

    11 May 2011
    Business & Finance

    Maersk Oil’s Gryphon Floating Production Storage and Offloading (FPSO) vessel will soon be docked in Rotterdam for repairs after suffering damage during a storm in the UK North Sea in February. The FPSO had been producing from the Gryphon, Maclure and Tullich fields. Storm weather caused some of its anchors to snap, allowing it to […]

  • KBR sees 3Q 2015 net income rise

    2 November 2015
    Business & Finance, Equipment

    KBR, a U.S. engineering and construction firm, on Monday reported a rise in its 3Q net income. Net income for the quarter stood at $55 million, compared to net income of $30 million in the third quarter of 2014. Consolidated revenue for the period was $1.2 billion compared to $1.7 billion in the third quarter […]

  • Total expands presence on Danish Shelf through Chevron Denmark takeover

    25 September 2018

    Total has agreed to purchase from Chevron all the share capital of Chevron Denmark Inc.

  • JX Nippon Buys Eni’s UKCS Assets

    20 December 2012

    JX Nippon Exploration and Production (U.K.) Limited , has signed sale and purchase agreements for the acquisition from the Eni group of companies (“Eni”) of an extensive portfolio of non-operated oil and gas assets in the UK Continental Shelf (UKCS). JX Nippon Oil and Gas Exploration President and CEO, Shigeo Hirai said:” “This is an […]

  • Highlights of the Week

    22 July 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (July 17 – July 23). JDR Cable Systems is to be acquired by the Polish manufacturer of cables and wires TELE-FONIKA Kable (TFKable). JDR’s subsea systems, used in the global offshore oil, gas and renewable industries should now […]

  • Keppel to Revamp Castorone Pipe Laying Vessel

    7 July 2016
    Business & Finance, Equipment, Project & Tenders

    Keppel Offshore & Marine has secured a contract to carry out upgrading work to the pipelay vessel, Castorone, for Saipem Offshore Norway (Saipem). Keppel Shipyard previously undertook the completion and integration works for the newbuild Castorone in 2011. Keppel Shipyard’s job scope includes the replacement of switchboards to improve the vessel’s power distribution systems, renewal works on […]

  • New East Anglia ONE Contracts Up for Grabs

    11 November 2016
    Business & Finance, Storage

    Developers of the 714MW East Anglia ONE offshore wind farm will hold an East of England supply chain event in the new year to announce new contracts, ScottishPower Renewables’ Charlie Jordan, director of the GBP 2.5 billion project, said. More than 450 hopeful suppliers had already registered on ScottishPower Renewables’ data base for the 102-turbine farm. […]

  • Atlantic Offshore reels in contract extensions for three ERRVs

    8 July 2019
    Business & Finance

    Offshore vessel owner Atlantic Offshore has received contract extensions for three of its emergency response and rescue vessels (ERRVs).

  • Maersk Oil Cuts Workforce

    26 October 2015
    Business & Finance

    Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisation during 2015, the company said. “The move follows […]

  • WoodMac sees North Sea exploration comeback and uptick in development expenditure in 2019

    9 January 2019

    According to Wood Mackenzie, five themes that will dominate the market in 2019 include the comeback of North Sea exploration and, although the deal spend will slow, it will remain the seller’s market. WoodMac also sees an uptick in development expenditure in 2019 but production will remain flat. In the end, companies with the lowest-cost projects will be the winners this year.

  • The Netherlands: Damen Shipyard Carries out Repairs of Maersk Oil’s Gryphon FPSO

    11 May 2011

    Maersk Oil’s Gryphon Floating Production Storage and Offloading (FPSO) vessel will soon be docked in Rotterdam for repairs after suffering damage during a storm in the UK North Sea in February. The FPSO had been producing from the Gryphon, Maclure and Tullich fields. Storm weather caused some of its anchors to snap, allowing it to […]

  • Maersk Supply lands FPSO tow and mooring installation job

    21 November 2019
    Business & Finance, Infrastructure

    Maersk Supply Service has been awarded an integrated FPSO tow and mooring installation project for an operator in the North Sea.

  • Port of Newcastle taps HPC to drive Clean Energy Precinct project forward

    7 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Storage, Technology, Transition

    Australia’s Port of Newcastle has appointed German port and logistics consultancy HPC Hamburg Port Consulting to develop a final business case for its Clean Energy Precinct (CEP) project.

  • Total awards North Sea supply deal to 80:20

    24 May 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    A unit of international logistics company Peterson has won a contract from French oil major Total for the supply of general consumables and ad-hoc material supply.

  • BP makes two oil and gas discoveries in UK North Sea

    31 January 2018

    British oil major BP on Wednesday announced two new exploration discoveries in the North Sea.

  • UK: Maersk Approves Investment for Golden Eagle Development Plan

    17 June 2011
    Business & Finance

    Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share of reserves is expected to […]

  • Maersk Oil 2Q results hit by Brazilian assets impairments

    19 August 2014

    Denmark’s Maersk Oil made a loss of USD 1.4 billion in the second quarter of 2014 versus $249 million profit achieved in the same period of 2013.

  • Hercules Offshore to file for bankruptcy again. Prepares sale of assets

    27 May 2016
    Exploration & Production

    Hercules Offshore, a struggling drilling contractor which recently emerged from bankruptcy, has reached a restructuring deal with lenders and said it would start the sale of its assets. The company today said that it has entered into a Restructuring Support Agreement (“RSA”) with lenders holding approximately 99 percent of the indebtedness under its first lien […]

  • UK: Maersk Approves USD 1 Billion Investment for Golden Eagle Development Plan

    17 June 2011
    Business & Finance

    Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share of reserves is expected to […]

  • Higher oil and gas output lifts Total profit

    7 February 2019
    Business & Finance

    French oil and gas company Total booked an increase in the fourth quarter 2018 profit driven by higher oil and gas production and increase in prices.  The oil company said on Thursday it had recorded an 11% increase in net income for 4Q 2018 which amounted to $1.13 billion, compared to the profit of $1.02 […]