10000 results found for 'culzean'

10000 results found for 'culzean'
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  • Total Acquires Maersk Oil for USD 7.45 Billion

    21 August 2017
    Operations & Maintenance, Project & Tenders

    Total is set to acquire Maersk Oil & Gas, a wholly owned subsidiary of A.P. Møller – Mærsk, for $7.45 billion in a  share and debt transaction.   Under the agreed terms, A.P. Møller – Maersk will receive a consideration of $4.95 billion in Total shares and Total will assume $2.5 billion of Maersk Oil’s debt. […]

  • Navios and HJSC shake hands on methanol-ready boxship quartet order

    17 September 2025
    Business Developments & Projects, Vessels

    Greece-headquartered dry cargo vessel owner and operator Navios Maritime Partners has placed an order for a quartet of methanol-ready container vessels at a shipyard based in South Korea. According to Greek shipbroker Intermodal, the four units, which will boast a capacity of 8,850 TEUs, are to be constructed by HJ Shipbuilding & Construction (HJSC). Navios […]

  • DNV GL nets Tyra verification deal with Maersk Oil

    21 June 2017
    Business & Finance

    DNV GL, a certification body and classification society, has won a contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra field, off Denmark. The Tyra field in the Danish North Sea has been one of the centers of Denmark’s national energy infrastructure since 1984, providing 90 percent of the country’s gas […]

  • Total boosts quarterly profit despite lower price environment

    7 February 2020
    Business & Finance

    French oil major Total  booked an increase in quarterly profit despite a lower price environment as its production grew during the period fueled by new project startups and rampups. 

  • Popular offshore industry news in 1Q 2019

    1 January 2020

    The most popular news at Offshore Energy Today during the first quarter of 2019.

  • Maersk Oil withdraws from Dvalin project

    5 October 2016

    Danish oil company Maersk Oil has given away its stake in the Dvalin field, formerly known as Zidane, located offshore Norway, to its partners in the project.  Earlier this week, DEA, the field operator, submitted the Plan for Development and Operation (PDO) for the field to the Ministry of Petroleum and Energy in Norway. The […]

  • Amogy and KBR join forces on ammonia-to-hydrogen solutions

    17 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    U.S.-based provider of ammonia-to-power solutions Amogy and compatriot science, technology, and engineering company KBR have signed a memorandum of understanding (MoU) to advance ammonia-to-hydrogen solutions.

  • ABB, Blykalla team up on nuclear power technology for maritime industry

    10 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Technology

    Switzerland-based technology company ABB has signed a memorandum of understanding (MoU) with Swedish nuclear energy company Blykalla to support and accelerate the deployment of small modular lead-cooled reactors to the maritime industry.

  • Maersk Drilling, Maersk Supply Service Form JV Decom Company

    12 April 2018
    Operations & Maintenance, Project & Tenders, Research & Development

    Maersk Drilling and Maersk Supply Service have established a 50:50 joint venture (JV) to provide decommissioning services to oil and gas operators. Due to high demand for decommissioning, especially in the North Sea where more than 400 fields are expected to cease production by 2026, the JV will offer bundled solutions for up to 80% of the process required […]

  • Maersk Oil hires jack-up rig from Hercules Offshore

    21 May 2014

    Hercules Offshore, Inc. announced that it has signed a five year drilling contract with Maersk Oil North Sea UK Limited for a newbuild jack-up rig to be owned and operated by Hercules Offshore

  • LR forges alliance with H2C to propel maritime decarbonization

    16 September 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    UK-based classification society Lloyd’s Register (LR) has formed a strategic partnership with H2C, the global attribute market platform for low-carbon fuels, to speed up maritime fuel switching.

  • ‘World’s first’ dual-fuel methanol escort tug hits the water

    15 September 2025
    Business Developments & Projects, Infrastructure, Vessels

    Turkish shipbuilder Sanmar has launched “the world’s first” large purpose-built dual-fuel methanol escort tug constructed for KOTUG Canada, a partnership between KOTUG International and Canada’s Horizon Maritime.

  • NEO Energy buying JX Nippon’s UK assets for $1.7 billion

    29 November 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production

    UK-based oil and gas company NEO Energy is buying JX Nippon Exploration and Production (U.K.) Limited for about $1.7 billion.

  • 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.

  • Hydrogen associations team up to drive uptake of hydrogen value chains

    1 September 2025
    Business & Finance, Business Developments & Projects, Collaboration, Human Capital, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vision

    Hydrogen Europe Research (HER) and the Clean Hydrogen Mission (CHM) have signed a memorandum of understanding (MoU) in Busan, South Korea, intending to speed up the development and uptake of integrated clean hydrogen value chains across developed and developing regions.

  • 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.

  • 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. 

  • K Line’s Seagate orders electric tugboat at Kanagawa Dockyard

    17 September 2025
    Business Developments & Projects, Infrastructure, Vessels

    Seagate Corporation, a subsidiary of Japanese shipping major Kawasaki Kisen Kaisha (K Line), has concluded an agreement with compatriot shipbuilder Kanagawa Dockyard for the construction of an electric tugboat powered by a large-capacity lithium-ion battery.

  • 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.

  • 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 […]

  • 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 […]

  • Eni and Vitol eye integrated project’s output increase offshore Ghana

    18 September 2025
    Business Developments & Projects, Project & Tenders

    Italy’s energy giant Eni and its partners in an integrated project offshore Ghana, Vitol and the Ghana National Petroleum Corporation (GNPC), have signed a memorandum of intent (MOI) with Ghana’s government to boost the country’s oil and gas production capacity.

  • Rostock and Pecém ports join forces on green (energy) corridor

    17 September 2025
    Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Transition

    Germany’s Rostock Port and Brazil’s Port of Pecém have signed a memorandum of understanding (MoU) to jointly develop a transport corridor through which green energy and green products from Brazil can be imported to Germany and Eastern Europe.

  • 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.