10000 results found for 'culzean'

10000 results found for 'culzean'
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  • US Department of Transportation disburses over $35M in maritime infrastructure funds

    21 July 2025
    Authorities & Government, Infrastructure, Ports & Logistics

    The United States Department of Transportation (DOT) has unpacked more than $35 million in maritime financing under the Better Utilizing Investments to Leverage Development (BUILD) program, which provides funding for capital investments in surface transportation. The funding, which was revealed on July 15, represents a total of $488 million set to go toward 30 maritime, […]

  • Envision launches large-scale green hydrogen and ammonia plant

    14 July 2025
    Business Developments & Projects, Exploration & Production, Project & Tenders, Research & Development, Technology

    Envision Energy has officially commissioned its large-scale green hydrogen and ammonia production facility, located in the Chifeng Net Zero Industrial Park.

  • Interview: Maersk Supply growing in Aberdeen despite expected company sale

    5 April 2018

    Offshore support vessel operator Maersk Supply Service has seen its Aberdeen team grow in the past two years and is working at becoming more than just a vessel supplier.

  • UK’s fourth subsea electricity superhighway to sport Siemens Energy converter stations

    17 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Siemens Energy has been appointed as the preferred bidder for the delivery of two high-voltage direct current (HVDC) converter stations for the fourth out of five subsea electricity superhighways between Scotland and England. This news for the Eastern Green Link 4 (EGL4) project comes as National Grid and SP Energy Networks signed a joint venture […]

  • EU backs green port infrastructure in Papua New Guinea

    17 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Safety, Transition, Vision

    The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.

  • Floatel bags Martin Linge extension with Equinor

    16 April 2019
    Business & Finance, Exploration & Production

    Offshore accommodation rig operator Floatel International has been awarded a contract extension for its Floatel Superior by Equinor. 

  • New tidal turbine blade tech project links Wales and Galicia

    15 July 2025
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    A new cross-border initiative to develop tidal turbine blades is underway in Wales, led by Menter Môn Morlais, developer of what is said to be Europe’s largest consented tidal energy scheme. According to Menter Môn Morlais, the project is backed by £1 million (approximately $1.3 million) in funding from the Welsh Government’s Vinnovate program and […]

  • 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 […]

  • Navigator Gas, Amon Maritime form JV to build two ammonia-fueled ammonia carriers

    17 July 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Navigator Holdings (Navigator Gas), a UK-based owner and operator of the ‘world’s largest’ fleet of Handysize liquefied gas carriers, has entered into a joint venture with Norwegian ammonia specialist and shipping company Amon Maritime.

  • NEO Energy gains access to key North Sea hubs after closing ExxonMobil deal

    9 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    HitecVision-backed NEO Energy has finally completed the acquisition of ExxonMobil’s non-operated oil and gas assets in the North Sea.

  • 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. […]

  • Maersk Oil to boost focus on technology, global operations and business development

    12 February 2009

    Maersk Oil is further enhancing its focus on operational, technical and business development excellence by reassigning responsibilities and adding two new departments to its organisation – Corporate Technology & Projects and Global Production Operations. “The challenge in a large and growing global oil and gas company is to leverage size and skill to the maximum […]

  • ‘Double-edged sword for marine energy sector’: UK releases Allocation Round 7 notices

    25 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Vision

    The UK’s Department for Energy Security and Net Zero has issued the statutory notices for Allocation Round 7 (AR7) and Allocation Round 7a (AR7a) on July 23, 2025, confirming changes to pricing and contract structure under the Contracts for Difference (CfD) scheme. For the first time, separate indicative timelines have been introduced to allow AR7 […]

  • ITOCHU orders ammonia bunkering vessel for demonstration project in Singapore

    14 July 2025
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Vessels

    Japanese trading company ITOCHU Corporation has contracted compatriot Sasaki Shipbuilding to construct a 5,000 cubic meter (cbm) ammonia bunkering vessel and Izumi Steel Works to build an ammonia tank plant that will be loaded onto the vessel.

  • UK operator gets $200K fine for vent breaches at North Sea gas hub

    29 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    As Great Britain’s regulator, North Sea Transition Authority (NSTA), tightens the noose on excessive emissions of greenhouse gases by tackling flaring and venting activity, Chrysaor, which became part of Harbour Energy in 2021, has been fined £150,000 ($200,269.5) for vent breaches at its offshore platform in the North Sea on the UK Continental Shelf (UKCS).

  • BP’s second quarter profit stable as production grows

    30 July 2019
    Business & Finance

    BP posted a profit of $2.8 billion for the second quarter 2019, which is similar to the company’s performance in the same period last year, while its production increased during the period. 

  • Hercules posts 1Q loss

    6 May 2016

    Offshore drilling contractor Hercules Offshore, which in November last year emerged from Chapter 11 bankruptcy, posted a net loss for the quarter as well as lower revenues.  The drilling contractor reported a net loss of $26.9 million, on revenue of $50.9 million for the first quarter 2016, compared to Predecessor net loss of $57.1 million, on […]

  • 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.

  • HKN to track marine ecosystem ahead of offshore solar rollout

    22 July 2025
    Business Developments & Projects, Environment, Equipment, Exploration & Production, Project & Tenders, Regulation & Policy, Research & Development, Technology

    Dutch offshore solar company Oceans of Energy, in collaboration with NIOZ Royal Netherlands Institute for Sea Research, has deployed two environmental monitoring landers at the Hollandse Kust Noord (HKN) wind farm, operated by CrossWind. According to Oceans of Energy, the site is set to host the world’s first integrated offshore solar-wind farm, Nymphaea Aurora. The […]

  • 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 […]

  • Popular offshore industry news in 1Q 2019

    1 January 2020

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

  • 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. 

  • 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

  • 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.