10000 results found for 'culzean'

10000 results found for 'culzean'
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  • 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 […]

  • NH3 Clean Energy raises $710K to propel flagship ammonia project forward

    30 June 2025
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Project & Tenders, Research & Development

    Australia’s NH3 Clean Energy has raised $710,000 (before costs) to advance its flagship WAH2 ammonia project – a clean ammonia export and bunkering initiative.

  • 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.

  • Floating solar-powered system replaces diesel at salmon pen in Chile 

    25 July 2025
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Mowi Chile has rolled out its first low-emission salmon farming installation at the Huar Norte site, integrating a floating solar-powered pen system developed in collaboration with AKVA group. The hybrid system replaces part of the site’s diesel usage with solar energy, targeting a reduction of approximately 139,200 liters of diesel per year. According to Mowi, […]

  • Port of Long Beach celebrates 20 years of environmental excellence

    15 July 2025
    Infrastructure, Ports & Logistics

    The US Port of Long Beach (POLB) has managed to significantly drive down emissions from port-related sources since launching its sustainability programs two decades ago.

  • NYK receives new dual-fuel LNG-powered bulker with open arms

    11 August 2025
    Business Developments & Projects, Vessels

    Japan-headquartered Imabari Shipbuilding has delivered a 209,000 dwt dual-fuel liquefied natural gas (LNG)-powered bulk carrier SG Dawn to its owner. The LNG-powered bulker was handed over on August 7 at the company’s Saijo Shipyard. It is understood that the newbuilding’s owner is Tokyo-based maritime transport giant Nippon Yusen Kabushiki Kaisha (NYK). As disclosed, the Japan-flagged […]

  • $23M investment to back Amogy’s ammonia-to-power expansion into Asian markets

    15 July 2025
    Business & Finance, Business Developments & Projects, Research & Development, Technology

    U.S.-based ammonia-to-power solutions provider Amogy has secured an additional $23 million in venture financing to advance development of its maritime products and support expansion into Asian markets.

  • US lawmakers propose twin bills to tackle maritime pollution

    18 July 2025
    Authorities & Government, Environment, Infrastructure, Ports & Logistics, Regulation & Policy, Transition

    Two United States lawmakers have introduced a pair of bills aimed at cutting down on dangerous air pollution within the maritime transport industry. As disclosed, on July 10, California-representing US Senator Alex Padilla reintroduced the Clean Shipping Act of 2025, led by House Representative Robert Garcia, targeting greenhouse gas (GHG) emission reduction from shipping to […]

  • 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 […]

  • Egypt edges closer to national maritime decarbonization plan

    29 July 2025
    Authorities & Government, Collaboration, Outlook & Strategy, Ports & Logistics, Transition, Vessels, Vision

    National efforts to decarbonize the maritime transport industry have intensified in Egypt, inching closer to being developed into a national action plan (NAP) that would tackle greenhouse gas (GHG) emissions both from vessels and ports. As disclosed, the NAP is being crafted with support from the International Maritime Organization’s (IMO) GreenVoyage2050 program, a technical cooperation […]

  • 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 […]

  • 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.

  • 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.

  • Total awards maintenance and support gig in UK to Aberdeen newcomer

    31 January 2020
    Business & Finance

    Total UK has awarded a general maintenance and operations support contract to PBS, a recently formed Aberdeen-based consortium.

  • Maersk Oil produces first oil from Flyndre field

    27 March 2017
    Project & Tenders

    Danish oil company Maersk Oil has started production from the Flyndre field in the UK and Norwegian North Sea. Maersk reported on Monday that the first oil began to flow at 20:00 hrs on Sunday, March 26 travelling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform. Production from the Flyndre field is expected […]

  • Carnegie aims for stronger European investor ties via DGWA

    10 July 2025
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Research & Development

    Australian wave energy developer Carnegie Clean Energy has appointed German investment firm DGWA as its advisor for European financial markets and investor relations. The move aims to leverage Carnegie’s existing dual listing on the Frankfurt, Tradegate, and Stuttgart Stock Exchanges, increasing exposure to European investors and industry stakeholders. DGWA is said to support the company’s […]

  • Maersk Drilling’s new jack-up rig named in Scotland

    18 August 2016

    Maersk Drilling has named its latest drilling rig at a ceremony held Wednesday at Invergordon, Scotland. The company recently bought the newbuild rig for a discount price, and lady Sponsor Gretchen H. Watkins, COO at Maersk Oil, has named Maersk Drilling’s newest asset – Maersk Highlander – which is now ready for the job. Maersk Highlander […]

  • New partnership to advance liquefied gas transport with ammonia in focus

    24 July 2025
    Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Research & Development, Technology, Transition, Vessels

    Navigator Gas has entered a strategic collaboration with Babcock International Group’s LGE business to advance liquefied gas transport, with a focus on ammonia.

  • 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 […]

  • 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 […]

  • Maersk Oil to slash global workforce numbers by up to 12 percent

    26 October 2015

    Maersk Oil, a Danish oil and gas company, has announced its intention to implement workforce reductions amounting to 10-12% of roles across its business. The move, part of the company’s drive to reduce operating costs by 20% by the end of 2016, follows an extensive internal review of business activities and continued low oil prices, […]

  • Sembcorp Marine swings to loss

    20 July 2018
    Business & Finance

    Singapore’s rig builder Sembcorp Marine posted a loss for the second quarter of 2018 despite recording a significant increase in revenues during the period.  The company on Friday posted a net loss of $55.6 million for the second quarter of the year compared to a profit of $5.1 million in the same period a year […]

  • Shipyard presses Hercules to take delivery of newbuild jack-up

    3 May 2016
    Exploration & Production

    Offshore driller Hercules Offshore, which in November last year emerged from Chapter 11 bankruptcy, has been given a deadline by Sembcorp Marine’s Jurong Shipyard in Singapore to take delivery and pay for the jack-up rig the shipyard is building for Hercules.  The newbuild jack-up rig Hercules Highlander is scheduled to work on Maersk Oil’s Culzean field in […]