10000 results found for 'culzean'

10000 results found for 'culzean'
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  • Total profit falls despite output growth

    26 April 2019
    Business & Finance

    French oil and gas company Total recorded a 4 percent decrease in first quarter profit while its production grew by 9 percent. 

  • Equinor kicks off exploration campaign offshore UK

    7 February 2019
    Exploration & Production

    Equinor has initiated an exploration campaign on the UK continental shelf comprising five wells in 2019, which is a record number for the company.

  • BP shows commitment to North Sea following new license awards

    23 May 2018

    BP has been awarded seven licenses, five as operator and two as partner, in the UK’s 30th Offshore Licensing Round.

  • Stillstrom, Danish port exploring large-scale maritime electrification at Energy Island Bornholm

    2 December 2025
    Research & Development, Vessels

    Stillstrom and Port of Roenne have teamed up on a study looking into integrating offshore wind energy with maritime electrification. Maersk’s offshore power and charging solutions developer and the Danish port have initiated a joint white paper to explore how Energy Island Bornholm could serve as a blueprint for this kind of integration. The study, […]

  • British conglomerate swoops up TotalEnergies’ West of Shetland gas assets bundle

    27 June 2024
    Business & Finance, Business Developments & Projects

    TotalEnergies has decided to put several gas fields and associated infrastructure up for sale to optimize its portfolio and direct its attention to its core business.

  • Hundreds of North Sea workers set to down tools to stop terms & conditions cuts

    3 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital, Rules & Regulation

    About 300 oil and gas workers in the UK North Sea are preparing to take strike action amid a dispute over terms and conditions cuts.

  • Keppel lands four new contracts

    7 July 2016
    Business & Finance

    Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has secured four contracts worth a total of about S$120 million ($89M) from repeat customers. Keppel entered into these four contracts with BW Offshore, SOFEC, Saipem and Woodside. The first contract that Keppel Shipyard secured is from BW Catcher, a wholly owned subsidiary of […]

  • Total plans $5 billion in asset sales as second quarter profit slips on lower oil prices

    25 July 2019
    Business & Finance

    Total has said it plans to sell about $5 billion worth of assets, mostly from its Exploration & Production business.

  • Editor’s Picks for 2017

    2 January 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The editors of Subsea World News have selected a few among many worth remembering articles from the previous year that received exceptionally high attention from our readers. In no particular order, here are some of the news to look back on, in case you missed them last year. Enjoy! Fugro has axed over 3000 jobs […]

  • Maersk Oil profits from cost cuts. Eyes North Sea merger options

    8 February 2017

    Danish oil company Maersk Oil, set to separate from the Maersk Group, will narrow its focus on the North Sea and continue cutting costs and exploration activities in 2017. In the financial report posted on Wednesday, Maersk Oil reported a $230 million profit for the fourth quarter of 2016, an improvement from a net loss […]

  • Total’s profit slips as oil prices tumble

    5 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy

    Total recorded a 35 per cent decrease in its first quarter profit as oil prices tumbled during the period.

  • No strike on TotalEnergies’ UK platforms as trade union works out pay deal

    23 June 2025
    Business Developments & Projects, Human Capital, Regulation & Policy

    Offshore workers employed on two North Sea platforms operated by the UK subsidiary of French oil and gas giant TotalEnergies have backed a new pay deal negotiated by the UK’s trade union Unite.

  • Maersk Oil to Keep UK Installation Shut After Storm Damage

    10 February 2011
    Business & Finance

      Maersk Oil will keep its offshore Gryphon oil and gas installation shut for a considerable time after sustaining damage in a storm last week. The Gryphon Floating Production Storage and Offloading (FPSO) vessel is stable, all wells have been closed in and no oil spill has been seen. Work is continuing to secure the […]

  • Total closes Maersk Oil deal

    8 March 2018
    Business & Finance

    French oil company Total has completed the Maersk Oil acquisition signed on August 21, 2017.

  • SembMarine: E&P capex growth not translating into rig orders

    25 October 2018
    Exploration & Production

    Offshore rig and platform builder Sembcorp Marine posted a net loss in the third quarter of 2018 citing persisting ebb in business volume.

  • NH3 Clean Energy’s flagship ammonia project moves forward

    28 October 2025
    Authorities & Government, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Research & Development

    The Department of Energy and Economic Diversification (DEED) of the Government of Western Australia (WA Government) has confirmed the approval of NH3 Clean Energy’s flagship WAH2 clean ammonia project for facilitation support under the Lead Agency Framework.

  • WATCH: Next-gen tidal energy generator undergoes trials at UK’s META

    3 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Technology

    CGEN Engineering, a spinout company from the University of Edinburgh, has put its fully marinised, next-generation modular electrical generator for tidal energy devices to the test over the past few months at a test site of the Marine Energy Test Area (META) in the Cleddau Estuary.

  • Stage getting set for sixth train at multibillion-dollar LNG project in Texas

    25 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    By kicking off the pre-filing process, Houston-headquartered NextDecade Corporation is putting the wheels into motion to add another train and expand its liquefied natural gas (LNG) export project under development in Texas, United States.

  • EU must act now to ensure access to clean fuels, industry players highlight

    30 October 2025
    Authorities & Government, Environment, Transition

    ECSA European Shipowners and Airlines for Europe (A4E) have once again urged the European Commission (EC) as well as national governments to “ensure bold action“ to speed up the availability of affordable clean maritime and aviation fuels and support production in Europe. As ECSA has reiterated in its call to the commission, the EC’s Sustainable […]

  • Wood Mackenzie: 2019 could be creaming curve buster for North Sea

    3 September 2019

    Wood Mackenzie, an energy intelligence group, expects the number of exploration wells in the North Sea to increase by 25 percent this year. 

  • Australian firm secures milestone payment under EuropeWave contract

    13 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Australian wave energy developer Carnegie Clean Energy has received a €351,471 payment under its EuropeWave contract, following the completion of the system integration review for the ACHIEVE program. “Thank you to the EuropeWave Project Buyers Group for their continued support!” the company said in a social media post. The payment marks another milestone for Carnegie’s […]

  • Bay of Fundy tidal turbines get regulatory green light

    14 November 2025
    Authorities & Government, Business Developments & Projects, Project & Tenders, Regulation & Policy, Rules & Regulation

    Fisheries and Oceans Canada (DFO) has issued a Fisheries Act Authorization to Eauclaire Tidal to deploy up to three Orbital Marine Power O2-X tidal turbines at the Fundy Ocean Research Centre for Energy (FORCE). According to FORCE, the deployment is the first project to move forward under Canada’s revised staged approach for tidal stream energy, […]

  • Maersk Drilling and Maersk Supply set up decommissioning JV

    12 April 2018
    Business & Finance, Exploration & Production

    Danish offshore driller Maersk Drilling and vessel provider Maersk Supply Service have established a joint venture company focused on decommissioning market. 

  • Update: Total selling non-core UK North Sea fields for $635 million

    10 July 2019
    Business & Finance

    French oil major Total has agreed to sell $635 million worth of  UK North Sea assets to Petrogas NEO UK.

  • Maersk Oil, Drilling get new CEOs

    22 September 2016
    Exploration & Production

    Following Maersk’s confirmation on Thursday that the company would separate the Group’s businesses into Transport & Logistics and Energy divisions, several management changes have been announced as well. Maersk Oil, Maersk Drilling, APM Terminals, Maersk Supply Service and Maersk Tankers will have new bosses. Maersk Oil, the company’s oil exploration and production business, will see […]