1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • Cyprus: Songa Offshore Increases the Ownership in Deepwater Driller Ltd

    25 January 2011
    Business & Finance

    Reference is made to the press release sent out by Songa Offshore SE (the “Company”) on 24 March 2010 regarding the investment of 31,25% of the shares in Deepwater Driller Ltd (“Deepwater Driller”). Deepwater Driller owns the “Songa Eclipse”, a 6th generation Friede & Goldman ExD ultra-deepwater semi-submersible drilling rig under construction at Jurong Shipyard […]

  • Cyprus: Seabird Exploration Announces Vessel Utilization Q4 2010

    11 January 2011
    Business & Finance, Project & Tenders

    Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q4 2010 was 51%, down from 76% in Q2 and 66% in Q3 […]

  • Cyprus cuts ship detentions rates by more than half

    9 April 2020
    Authorities & Government, Business Developments & Projects, Infrastructure, Operations & Maintenance, Vessels

    Cyprus is no longer part of the targeted flag list of the USCG in relation to the safety performance of flag administrations.

  • Eni and Vår Energi paying $4.9 billion for Neptune’s entire oil & gas portfolio, bar German business

    23 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.

  • Cyprus: Sustainability key pillar of long-term strategic vision for shipping

    13 October 2021
    Environment, Outlook & Strategy, Vision

    Following a nine-month public consultation, Cyprus Shipping Deputy Ministry (SDM) has launched SEA Change 2030, a long-term strategic vision for Cyprus shipping.

  • ExxonMobil and QatarEnergy expand footprint in Cyprus with new block entry

    10 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    A consortium comprising ExxonMobil and QatarEnergy has signed an exploration and production sharing contract with Cyprus.

  • Report: EU to hit Turkey with sanctions over Cyprus drilling?

    11 July 2019
    Exploration & Production

    The European Union is reportedly preparing to hit Turkey with sanctions over the country’s drilling operations in the contested waters offshore Cyprus.

  • SeaBird Wins New Contracts for 2D Seismic Surveys (Cyprus)

    10 June 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      SeaBird Exploration PLC to inform the following new 2D contracts awarded. The Osprey Explorer has been awarded an LOI by an oil supermajor for a 2D survey between 8,000 and 11,000 kilometres in South America. The vessel will mobilize after her current commitment in the GOM and commence the survey from September to December […]

  • Cyprus’ Seabird Selects Navigation System for Its Seismic Equipment

    6 June 2012
    Business & Finance, Equipment

    SeaPro Nav, Sercel’s integrated navigation system for all in-water seismic equipment, has been selected by Cyprus-based Seabird Exploration as the master system for two vessels in its marine seismic fleet, the Harrier Explorer and the Aquila Explorer. Seabird Exploration is the fourth industry player to choose SeaPro Nav as a master integrated navigation system. The […]

  • Cyprus: Songa Offshore Announces May 2011 Fleet Update

    7 June 2011
    Business & Finance

    Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for May 2011. Songa Venus achieved operating efficiency of 100% during the operational part of the month. The rig completed the program for Total E&P in Australia May 29 and is currently underway to Labuan, Malaysia and is actively marketed for work in the South East […]

  • China-Led Consortium Chosen to Build LNG Terminal in Cyprus

    28 August 2019
    Business & Finance

    The LNG terminal at Vassiliko Port in Cyprus is scheduled for completion in 2021.

  • Cyprus: LNG plant construction depends on future gas discoveries

    19 April 2016

    Cyprus’ decision on building an onshore LNG plant to develop its offshore gas resources will depend on future gas discoveries. This was stated on Monday by the country’s president Nikos Anastasiades during his press conference on the three years of his presidency. He said that the results of the ongoing research programs or those of […]

  • Cape Nets Magnus Life Extension Project from BP

    3 October 2014
    Business & Finance, Operations & Maintenance

    Cape plc, an international leader in the provision of critical industrial services to the energy and natural resources sectors, announces the award of a contract with BP to supply its services within the Magnus Life Extension project, MLXP. MLXP is a project being undertaken by BP as part of its North Sea renewals programme, and […]

  • Oil prices to boost Ocean Tankers Cyprus profits in 2008

    8 November 2007

    Ocean Tankers Holdings, the only public company quoted in the ‘Shipping’ sector of the Cyprus Stock Exchange, expects the current oil crisis to benefit the company and propel profits from a projected USD 3,5 mln in 2007 to USD 20 mln next year. With sea-going vessels accounting for 92% of all commercial transport, yet 24 […]

  • China-led consortium set to build LNG terminal in Cyprus

    29 August 2019
    Ports & Logistics, Project & Tenders

    A multinational consortium has been selected as the preferred bidder for the construction of an LNG terminal at Vassiliko Port in Cyprus.

  • Cyprus: Songa Offshore Announces May 2011 Fleet Update

    7 June 2011
    Business & Finance

      Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for May 2011. Songa Venus achieved operating efficiency of 100% during the operational part of the month. The rig completed the program for Total E&P in Australia May 29 and is currently underway to Labuan, Malaysia and is actively marketed for work in the South […]

  • New development plan for reservoir off Cyprus includes ‘change to fundamental project concept’

    1 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell, and NewMed Energy decided to submit the new […]

  • EuroAsia Interconnector launches €1.7B cabling call

    12 February 2021
    Infrastructure, Project & Tenders

    Project promoter of EuroAsia Interconnector has invited cabling players to apply for engineering, procurement, construction and installation (EPCI) job on the HVDC cable system between Israel, Cyprus and Greece (Crete). EuroAsia Interconnector is a multi-terminal VSC-HVDC scheme which will connect Israel, Cyprus and Greece (Crete), and will comprise converter stations with sea electrodes, interconnected by […]

  • Report: Eni moving drillship to Morocco after Turkish navy ‘threatens force’ in Cyprus

    23 February 2018
    Exploration & Production

    Turkish navy on Friday reportedly threatened to use force against Eni-operated Saipem 12000 drillship, after the rig’s captain tried to move the drillship to the Block 3 offshore Cyprus.

  • Cyprus, Egypt sign deal to transport gas via subsea pipeline

    31 August 2016

    Cyprus has signed an agreement with Egypt over the transport of natural gas between the two countries through a subsea pipeline. The agreement was signed on Wednesday in Nicosia between the Minister of Energy, Commerce, Industry and Tourism of the Republic of Cyprus, Georgios Lakkotrypis, and the Minister of Petroleum and Mineral Resources of the […]

  • Cyprus Signs Deal to Develop Offshore Gas Reserves via LNG Plant

    26 June 2013

    The Republic of Cyprus , today signed a Memorandum of Understanding (“MOU”) in respect of the Cyprus Liquefied Natural Gas (“LNG”) Project with Noble Energy International Ltd  , Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership , that were granted in 2008 a Production Sharing Contract for Block 12. The MOU provides for […]

  • Cyrus, Harris Pye to Cooperate on Engineering Projects

    15 February 2013
    Business & Finance, Project & Tenders

    Top Welsh 100 companies Harris Pye Group and Cyrus-RW Group announced this week that they have formed an alliance to co-operate on engineering projects throughout the world. Cyrus and Harris Pye will work together to secure and fulfil marine, offshore and power contracts, from large steel installations for marine vessels and oil rigs to power […]

  • Weatherford Bags $220M ADNOC Contract

    25 September 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Weatherford has signed a $220 million, three-year contract with ADNOC to provide directional drilling services in the UAE. The agreement entails using the Weatherford Magnus rotary steerable system in both re-entry wells and new wells. “Magnus is demonstrating consistent reliability, a critical element of this contract award,” said Tony Azizi, vice president of the Arabian […]

  • EuroAsia Interconnector secures €100 million EU grant

    2 August 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders

    The Council of the European Union has approved the allocation of a €100 million grant for the EuroAsia Interconnector electricity interconnector.  The announcement comes as part of the Recovery and Resilience Plan for Cyprus to end the energy isolation as it is the last non-interconnected EU member state. On 17 May, Cyprus submitted its national […]

  • Great Sea Interconnector running out of time: Two EU countries taking another crack at negotiations

    19 September 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation, Transition

    Greece and Cyprus are getting ready to hold talks, which are seen as a last shot to sort out the issues surrounding an interconnection project that will link the Cypriot-Greek electricity grids.