1959 results found for 'cygnus'

1959 results found for 'cygnus'
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  • Cyprus: Ocean Rig Secures Loan to Finance Its Newbuildings

    5 February 2013
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services has received a $1.35 billion Bank Facility firm commitments from lenders for a $1.35 billion syndicated secured term loan to partially finance the construction costs of the Ocean Rig Mylos, the Ocean Rig Skyros and the Ocean Rig Athena. Ultra-deepwater drillships newbuilding hulls […]

  • 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 […]

  • 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: 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, […]

  • 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 […]

  • Aphrodite rising as Chevron, Shell, NewMed and Cyprus give the go-ahead for tweaked gas development plan

    14 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Chevron and its partners, BG Cyprus (Shell) and NewMed Energy, have given their blessing, together with the government of Cyprus, for an updated development plan of an offshore gas field reservoir in Block 12 located in the Eastern Basin of the Mediterranean Sea.

  • Sarens Names New CFO

    14 May 2014
    Business & Finance

    Magnus Björkman has recently been appointed as Chief Financial Officer of the Sarens Group. Magnus is Swedish, 45 years old and graduated as MSc. in Business Administration at the Stockholm School of Economics in Sweden. He lives in Brussels and speaks fluently Swedish, English and French. Previously Magnus Björkman held various finance positions at the Volvo Construction […]

  • Finland: Wartsila to Equip Songa Offshore’s cat D Rigs

    23 January 2012
    Business & Finance

    Wärtsilä, the marine industry’s leading solutions provider, has been contracted to supply the power and positioning system for two new drilling rigs ordered by Songa Offshore AS, the Norwegian arm of the Cyprus-based offshore drilling company. These so called cat D semi-submersible rigs are tailor designed for use by Statoil in mid-water segments, and are […]

  • Finland: Wartsila to Provide Power and Positioning System for Statoil’s New Drilling Rigs

    23 January 2012
    Business & Finance

    Wärtsilä, the marine industry’s leading solutions provider, has been contracted to supply the power and positioning system for two new drilling rigs ordered by Songa Offshore AS, the Norwegian arm of the Cyprus-based offshore drilling company. These so called cat D semi-submersible rigs are tailor designed for use by Statoil in mid-water segments, and are […]

  • ‘Barbaros’ leaves Cypriot waters. Peace talks set to resume

    8 April 2015

    Greek Cypriots and Turkish Cypriots look set to resume peace talks, cancelled in October last year, after Nicos Anastasiades, the president of Cyprus said he would not take part in any negotiations with the Turkish side, as long as Turkey violates sovereign rights of Cyprus. He was referring to Turkey’s deployment of the Barbaros Hayreddin Pasa […]

  • Vattenfall to Compete with Dong Energy’s Offshore Wind Prices

    16 October 2014
    Business & Finance, Technology

    Vattenfall to enter race with Dong Energy for best and cheapest offshore wind turbines, writes Danish business daily Borsen. New Vattenfall head, Magnus Hall, will lower prices to match Dong Energy’s ambition to make offshore wind at least 40 per cent cheaper. Moreover, Hall is out to make Vattenfall greener. Dong Energy welcomes the offensive.  […]

  • Cyprus: Ocean Rig Takes Delivery of Its Fourth 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 […]

  • Paolo Scaroni, Nicos Anastasiades Discuss Joint Activities in Cyprus

    12 July 2013

    The President of the Republic of Cyprus, Nicos Anastasiades, and Eni’s CEO, Paolo Scaroni, met in Nicosia, Cyprus, to discuss Eni’s ongoing activities and the potential for future projects in the country. During the meeting Paolo Scaroni together with Claudio Descalzi, COO of Eni’s Exploration & Production Division, updated President Anastasiades on the plan of […]

  • Cyprus: Seabird Signs Two 2D Seismic Survey Contracts

    13 June 2011
    Business & Finance

    SeaBird Exploration PLC informed 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 2011. The […]

  • Two Seriously Injured in Explosion aboard Tanker off Cyprus

    31 December 2018
    Business & Finance

    Two crew members seriously injured in an explosion aboard chemical tanker off Cyprus.

  • Cyprus: Deep Sea Supply Takes Delivery of New AHTS

    29 March 2011
    Business & Finance

    Deep Sea Supply yesterday took delivery of “Sea Jackal”, a newbuilding AHTS from  ABG Shipyard, India. “Sea Jackal” (AHTS Seatech P-729)  is the 6th delivery in a series of 9 newbuilding AHTS vessels from ABG. The Deep Sea Supply fleet now consists of 13 AHTS and 8 PSVs, in total 21 vessels. In addition to […]

  • Cyprus: Songa Offshore Provides February Fleet Status Update

    8 March 2012

    Songa Offshore, a Cyprus-based international offshore drilling company operating a fleet of 6 semi-submersible rigs with an additional 4 on order, provides fleet status update for February 2012. Songa Venus achieved an operating efficiency of 100% during the month, the rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur achieved an operating efficiency […]

  • Cyprus: Progress at Karpaz Gate Marina project meets expectations

    3 March 2010
    Project & Tenders

    Karpaz Gate Marina, an exclusive new development that will open up the stunning, undiscovered Karpaz peninsula of Northern Cyprus, is progressing well. Currently under construction and project managed by Sea-Alliance Group Ltd, a maritime services operation specialising in marina developments, Karpaz Gate’s… [mappress] Source: Superyacht times, March 3, 2010

  • Cyprus selects Eni, Exxon, Total for three offshore blocks

    22 December 2016

    The Cypriot government has selected Eni, ExxonMobil, and Total for three offshore oil and gas exploration licenses as part of the country’s third licensing round.  The country’s third offshore licensing round for offshore exploration in blocks 6, 8, and 10 in the Exclusive Economic Zone of Cyprus was launched in March this year and the […]

  • Cyprus to Press Ahead with Offshore Drilling Despite Turkish Objection

    14 September 2011

    EU member Cyprus vowed on Wednesday to keep Turkey’s entry talks on hold as long as Ankara challenges the island’s rights to launch offshore… Reporting By Michele Kambas (Reuters) [mappress] Source: Reuters,September 14, 2011;

  • Deep Sea Supply Reports First Quarter Results (Cyprus)

    12 May 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Deep Sea Supply reports consolidated revenues of MUSD 24.0 in 1Q 2011 compared to MUSD 26.1 in 1Q 2010. Total operating costs in 1Q 2011 were MUSD 21.9 compared to MUSD 17.4 in 1Q 2010. This resulted in EBITDA of MUSD 2.0 in 1Q 2011. Net financial items were negative MUSD 9.4, including unrealized currency […]

  • Cyprus: Lemesos Port Gets Additional 500-Metre Quay

    3 January 2014
    Business & Finance

    Lemesos port in Cyprus will be further extended and upgraded with the construction of an additional 500-metre quay. The signing of the contracts with the successful tenderer is now a reality and therefore the construction works for the extension to the existing port’s quay on its western basin, thus reaching to a total 1270m, will […]

  • Cyprus: Songa Offshore Provides Fleet Update for April 2011

    4 May 2011
    Business & Finance

    Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for April 2011. Songa Venus achieved operating efficiency of 100% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur was awarded a 180 day contract with Gazflot LLC for work at Sakhalin Russia during the month. The rig was berthed […]

  • Cyprus: SeaBird Wins New Contracts for 2D Seismic Surveys

    10 June 2011
    Business & Finance

      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 […]