1942 results found for 'cygnus'

1942 results found for 'cygnus'
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  • Initiative to curb methane emissions extends its member base as UK firm enrols

    6 July 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Project & Tenders, Transition

    Neptune Energy has backed an industry initiative, aiming to remove methane emissions from the oil and gas sector by 2030. 

  • Deltic Energy seeking partners to mature North Sea prospects towards drilling

    24 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Deltic Energy has found three prospects within its Southern North Sea licence and is seeking partners to help in the maturation of opportunities.

  • Neptune closes Engie E&P buy

    16 February 2018
    Business & Finance

    Private-equity backed Neptune Energy has completed the acquisition of Engie E&P International from the French energy group, Engie. 

  • Parkmead Awarded Five Blocks in Southern North Sea

    4 December 2013

    Parkmead been provisionally awarded five additional UK blocks, through two new licences, in the second tranche of awards under the UKCS 27th Licensing Round, the results of which have been announced by the Energy Minister. This newly awarded territory is all operated by Parkmead and is situated in the UK Southern North Sea.   This award […]

  • Centrica and Bayerngas Join Forces to Form New E&P Company

    17 July 2017
    Business & Finance, Operations & Maintenance

    Centrica and Stadtwerke München (SWM) have reached an agreement to combine Centrica’s European oil and gas exploration and production (E&P) business with Bayerngas Norge to form a newly incorporated joint venture  and create an independent European E&P company. The Joint Venture will have two shareholding entities. Centrica will own 69% and Bayerngas Norge’s existing shareholders, […]

  • Chevron and partners seek additional capacity boost at Mediterranean gas field

    24 February 2025
    Business Developments & Projects, Exploration & Production

    Chevron and its partners in a giant natural gas field project off the coast of Israel have submitted an updated reservoir development plan to the Petroleum Commissioner at the Ministry of Energy and Infrastructures for an additional expansion of the field’s capacity.

  • New maritime AI collaboration targets fuel efficiency and emission reduction

    24 February 2025
    Collaboration, IT & Software

    The Cyprus-headquartered SmartSea, a logistics-oriented IT company, and the UAE-based provider of technological solutions Digital Energy AI have teamed up to explore the potential of artificial intelligence (AI) in the marine and offshore energy sectors. As disclosed, the all-embracing goal of the collaboration is to look into the ways in which artificial intelligence could ‘improve’ […]

  • OTSL Orders Saab Seaeye Panther XT Plus ROV (Trinidad and Tobago)

    17 May 2011
    Business & Finance, Equipment

    Trinidad-based Offshore Technology Solutions Limited (OTSL) has ordered the new top selling Saab Seaeye Panther XT Plus electric work ROV. With ten powerful thrusters, 50% more power and swimming 30% faster than any other electric work ROV of its class, OTSL say the Panther XT Plus will greatly extend its operational role in the offshore […]

  • Trinidad: OTSL Orders Saab Seaeye Panther XT Plus Electric Work ROV

    17 May 2011
    Business & Finance, Equipment

      Trinidad-based Offshore Technology Solutions Limited (OTSL) has ordered the new top selling Saab Seaeye Panther XT Plus electric work ROV. With ten powerful thrusters, 50% more power and swimming 30% faster than any other electric work ROV of its class, OTSL say the Panther XT Plus will greatly extend its operational role in the […]

  • Reach Subsea buys one vessel and charters another to ‘take advantage of the growing demand’ 

    1 December 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Reach Subsea has inked an agreement to acquire one of the Østensjø Rederi-owned multipurpose ROV support vessels.

  • More North Sea gas thanks to UK’s broader entry specification limit

    23 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    The UK government has made a decision to widen the country’s gas entry specification limit, enabling more North Sea gas to enter the country’s National Transmission System (NTS).

  • SNS2013 Conference Attracts Over 500 Delegates (UK)

    11 March 2013

    Hopes for new business generated by the offshore windfarm boom and a new North Sea ‘gas rush’ attracted a record-breaking 500-plus delegates to the SNS2013 Conference at Norfolk Showground,Norwich. The turn-out and extensive media coverage delighted Simon Gray, chief executive of organisers EEEGR (East of England Energy group), who said the region’s energy trades group […]

  • Cal Dive Australia Selects Saab Seaeye Panther XT Plus ROV

    10 November 2011
    Business & Finance, Equipment

      To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Dive spokesman said, ‘The Panther ticks all the boxes. […]

  • Cal Dive Chooses Panther Plus XT ROV for Works Offshore Australia

    10 November 2011
    Business & Finance, Equipment

    To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Dive spokesman said, ‘The Panther ticks all the boxes. It […]

  • USA: Helix Sees Strong Customer Demand for Well Intervention Services

    22 April 2013
    Business & Finance, Operations & Maintenance

    Helix Energy Solutions Group, Inc. reported net income of $1.6 million, or $0.02 per diluted share, for the first quarter of 2013 compared with net income of $65.7 million, or $0.62 per diluted share, for the same period in 2012, and a net loss of $171.6 million, or $(1.64) per diluted share, in the fourth […]

  • Saab Seaeye ROV Now with Full Pipeline Survey Spread (UK)

    16 October 2012
    Business & Finance, Equipment, Research & Development

    For the first time, a full pipeline survey spread has been fitted to a Saab Seaeye ROV in the shape of the Panther XT Plus. The technological breakthrough will bring considerable savings in survey operating costs to operators when compared to deploying a 150hp hydraulic work-class vehicle for the task. Being acoustically quieter than an […]

  • Oil and gas companies evaluating effects of exploration moratorium in Italy

    19 February 2019

    In the wake of the Italian Senate suspending oil and gas exploration activities for 18 months, companies have already started to see the effect of the suspension on their operations.

  • New E&P player Spirit Energy starts trading

    11 December 2017
    Business & Finance

    Spirit Energy, the E&P joint venture which combines Centrica’s E&P business with Bayerngas Norge, has begun trading as an independent oil and gas operator. Completion of the transaction – which was announced on July 17, 2017 – follows receipt of all the required regulatory approvals and Spirit Energy now becomes an independent European E&P company, […]

  • Saab Seaeye Fits Pipeline Survey Spread to Its ROV

    16 October 2012
    Business & Finance, Equipment

    For the first time, a full pipeline survey spread has been fitted to a Saab Seaeye ROV in the shape of the Panther XT Plus. The technological breakthrough will bring considerable savings in survey operating costs to operators when compared to deploying a 150hp hydraulic work-class vehicle for the task. Being acoustically quieter than an […]

  • Dart Energy, GDF SUEZ UK Sign Farm-Out Agreement

    22 October 2013

    Dart Energy announced that it has entered into a farm-out agreement relating to thirteen of its U.K. licences with GDF SUEZ E&P UK Ltd. This comprises part of a broader strategic cooperation n relation to unconventional gas being implemented between the two companies at the same time. GDF SUEZ E&P UK is a wholly owned subsidiary of GDF […]

  • ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

    24 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

  • In focus: Emerging renewable energy projects to cushion effects of global energy crisis

    2 September 2022
    Authorities & Government, Business Developments & Projects, Environment, Infrastructure, Innovation, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Technology, Transition

    With the global energy crisis unfolding and energy prices soaring, governments and companies are ramping up investments in renewables, energy efficiency and clean technologies.

  • USA: Endeavour Reports Net Loss in Fourth Quarter 2011

    29 February 2012
    Business & Finance, Operations & Maintenance

    Endeavour International Corporation reported fourth quarter 2011 net income (loss), as adjusted of $(5.8) million compared to $81.1 million for 2010, when it reported an $87 million gain on the sale of its North Sea asset Cygnus. On a GAAP basis, net loss for the fourth quarter of 2011 was $44.6 million as compared to […]

  • Centrica, Bayerngas set up new E&P company

    17 July 2017
    Business & Finance

    UK’s Centrica and Germany’s Stadtwerke München GmbH (SWM) will combine Centrica’s European oil and gas exploration and production (E&P) business with Bayerngas Norge to create an independent European E&P company. The joint venture will have two shareholding entities where Centrica will own 69% and Bayerngas Norge’s existing shareholders, led by SWM and Bayerngas GmbH, will […]

  • Diversified offshore oil & gas services provider to arise with new merger

    3 February 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vision

    Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will include the issuance of approximately 651 million new SeaBird shares to Energy Drilling shareholders. The listed […]