1959 results found for 'cygnus'

1959 results found for 'cygnus'
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  • Cyprus: Seabird Exploration Developing Plans for Second OBN Vessel

    31 May 2011
    Business & Finance

      SeaBird Exploration PLC (“SeaBird” or “SBX”) has over the last few months worked with a Norwegian shipyard to develop and plan the construction of a second vessel in addition to the Hugin Explorer for deploying, retrieving and servicing Ocean Bottom Nodes (OBN). Through a mutual understanding between the yard and SeaBird, a condition for […]

  • PGS Offers Data Packages for Cyprus’ 2nd License Round

    16 February 2012
    Business & Finance

    The second license round offshore Cyprus opened 11th of February 2012. There will be official opening presentations by the Ministry of Commerce, Industry and Tourism of the Republic of Cyprus in Houston 22nd of February at the International pavilion at NAPE and in London at APPEX 6th of March. The round is open for 90 […]

  • Cyprus: SeaBird Exploration to Exercise Hawk Explorer Purchase Option

    2 September 2013
    Business & Finance

    SeaBird Exploration Plc announced that it has notified the owner of Hawk Explorer that it will exercise its option under the current charter agreement to purchase the vessel and related equipment for USD 6.5 million. The vessel and equipment will be delivered at the end of the lease term 31 August 2014 against settlement of […]

  • Cyprus: Songa Offshore Provides February Rig Fleet Update

    9 March 2011
    Business & Finance, Project & Tenders

      Songa Offshore,  Cyprus-based offshore drilling company, provides fleet update for February 2011. Songa Venus achieved operating efficiency of 97% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur(photo) is currently in transit to Singapore after obtaining Chinese customs acceptance of rig departure. The rig is expected to arrive […]

  • Cyprus: Songa Offshore to Sell the Drillship Songa Saturn to Petrosaudi

    20 September 2010
    Business & Finance

    Songa Offshore SE (“Songa” or the “Company”)  announced that a wholly owned subsidiary of the Company has entered into an agreement to sell the drillship Songa Saturn to a wholly owned subsidiary of PetroSaudi Oil Services Ltd. (“PetroSaudi”) for net sales proceed of USD 260 million. As advised by the Company on September 9, 2010, […]

  • 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 […]

  • 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 […]

  • Cyprus halts peace talks as Ankara plans to deploy seismic vessel

    8 October 2014

    The ongoing ethnic conflict between Greek and Turkish Cypriots has deepened as the peace talks have stumbled over the Turkish side’s plans to deploy a seismic vessel into Cypriot waters. Greek Cypriots are accusing Turkey of trying to undermine the ethnically divided island’s sovereign offshore gas exploration plans. In a statement issued last night, Cyprus’ […]

  • Damen Stan Pontoon 9127 Arrives at EDT Base, Cyprus

    25 February 2013

    On Friday the brand new Damen Stan Pontoon 9127 (SPo 9127) arrived at the EDT base in Limassol, Cyprus. The ‘EDT REGAS’ was delivered from stock with a delivery time of 2 weeks after the contract. The SPo 9127 has a length of 91,5, a beam of 27,4 and a height of 6,1 metres. It […]

  • Cyprus Could Open Up More Offshore Drilling Projects

    23 September 2011

    Cypriot President Demetris Christofias said on Thursday the east Mediterranean island nation could open up more gas exploration drilling…. By Daniel Bases (Reuters) [mappress] Source:Reuters ,September 23, 2011;

  • Turkey: Erdogan Describes Israel-Cyprus Offshore Drilling as Madness

    21 September 2011

    Turkish Prime Minister Tayyip Erdogan described offshore gas drilling by estranged ally Israel and Cyprus as “madness” on Wednesday, raising… By Jonathon Burch (Reuters) [mappress] Source:Reuters ,September 21, 2011;

  • Cyprus: Ocean Rig Takes Delivery of its 4th Drillship

    4 October 2011
    Business & Finance

    On September 29th Ocean Rig took delivery of its fourth drill ship, Ocean Rig Mykonos. The drill ship is currently mobilizing for operations in Brazil for Petrobras. The naming ceremony of Ocean Rig Mykonos took place at the Samsung Heavy Industries shipyard in Korea on July 8th. Ocean Rig owns and operates Leiv Eiriksson and […]

  • Radius and Cyta Announce Start of POSEIDON Project Offshore Cyprus

    30 October 2012
    Business & Finance, Equipment

    Radius Oceanic Communications, Inc. (Radius) and the Cyprus Telecommunications Authority (Cyta) announces the commencement of the POSEIDON project. POSEIDON is a high capacity undersea cable system that will provide advanced telecommunications facilities to the offshore oil and gas industry in the Eastern Mediterranean region. The POSEIDON system will extend for some 800 km from two […]

  • Eni Makes Calypso 1 Gas Find Off Cyprus

    8 February 2018
    Business & Finance, Operations & Maintenance

    Eni has made a lean gas discovery in Block 6 offshore Cyprus with Calypso 1 NFW. The well, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age. The Cretaceous sequence has excellent reservoir characteristics. An […]

  • Cyprus: SeaBird Announces Divestment of Ocean Bottom Node Business

    24 November 2011
    Business & Finance, Operations & Maintenance

    SeaBird Exploration PLC has entered into a share and purchase agreement (“SPA”) with Fugro Norway AS on 18 November 2011. Under the SPA, Fugro will acquire SeaBird Technologies AS and Seabed Navigation Company Limited which collectively hold all of the Company’s rights and assets related to the ocean bottom node (“OBN”) business for the agreed […]

  • Delek looking to increase stake in Block 12, offshore Cyprus

    1 June 2015

    Israel’s Delek Group has begun preliminary negotiations with Noble Energy International, Ltd. for the acquisition of 19.9% of its share in Block 12, offshore Cyprus. Noble Energy currently owns a 70% share in the Block 12, containing the Aphrodite gas discovery. Delek Group said in a statement that it was looking to buy around 19.9% of the working interest […]

  • Report: Turkish warships stop Eni’s drillship off Cyprus

    12 February 2018
    Exploration & Production

    Turkish warships on Friday reportedly blocked an Eni-operated drillship from moving into an area offshore Cyprus.

  • Potential procurement violations prompt probe into Cyprus’ LNG terminal

    30 July 2024
    Authorities & Government, Business Developments & Projects, Regulation & Policy

    The European Public Prosecutor’s Office (EPPO) in Nicosia, Cyprus has launched an investigation into the country’s liquefied natural gas (LNG) import terminal project due to suspected procurement fraud, misappropriation of European Union (EU) funds, and corruption.

  • Cyprus: Ocean Rig Receives LoA for its UDW Drillship

    9 April 2012
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, headquartered in Cyprus, today announced that it has received a Letter of Award for its ultra deepwater drillship “Ocean Rig Olympia”, from a major oil company. The Letter of Award is for a three- year contract for drilling offshore West Africa, with an […]

  • SeaBird Develops Plan for Construction of Second OBN Vessel (Cyprus)

    31 May 2011
    Business & Finance, Operations & Maintenance

    SeaBird Exploration PLC  has over the last few months worked with a Norwegian shipyard to develop and plan the construction of a second vessel in addition to the Hugin Explorer for deploying, retrieving and servicing Ocean Bottom Nodes (OBN). Through a mutual understanding between the yard and SeaBird, a condition for delivering the vessel in […]

  • Cyprus Can Offer New O&G Routes to Europe

    31 May 2011

    Cyprus could become a key geopolitical and geo-strategic player in the Mediterranean Region, offering opportunities for new oil and gas supp… (famagusta gazette) [mappress] Source: famagusta gazette, May 31, 2011;

  • Cyprus: Songa Offshore Provides Fleet Update for March 2011

    5 April 2011
    Business & Finance

      Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for March 2011. Songa Venus achieved operating efficiency of 99% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur arrived Singapore during the month, BOP and relevant rig equipment and systems are currently undergoing inspections and reinstatement Songa Dee […]

  • Cyprus: Prosafe Announces Rig Utilisation Update for Q4 2010

    17 January 2011
    Business & Finance, Project & Tenders

    Rig utilisation in the fourth quarter of 2010 was 61 per cent. MSV Regalia(image) operated for BP at Valhall in Norway until 23 November. Safe Scandinavia operated for Statoil in Norway until the end of October. Before replacing MSV Regalia, Safe Scandinavia adjusted the gangway to correspond to the landing platform height at Valhall. Safe […]

  • Cyprus: Deep Sea Supply Takes Delivery of Newbuilding AHTS

    20 January 2011
    Business & Finance

    Deep Sea Supply recently informed that it has taken delivery of “Sea Fox”, a newbuilding AHTS from ABG Shipyard, India. “Sea Fox” is the 5th delivery in a series of 9 newbuilding AHTS vessels from ABG. The Deep Sea Supply fleet now consists of 16 AHTS and 8 PSVs, in total 24 vessels. In addition […]

  • Lloyd’s Register to advise Cyprus on oil and gas sales, development

    7 September 2016
    Business & Finance

    Cyprus Hydrocarbons Company (CHC), the National Oil and Gas Company of Cyprus, has named Lloyd’s Register (LR) as an independent commercial advisor for its commercial exploitation of hydrocarbons in the Exclusive Economic Zone (EEZ) of the Republic of Cyprus. In its new advisor role, Lloyd’s Register will advise CHC on oil and gas sales through […]