1959 results found for 'cygnus'

1959 results found for 'cygnus'
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  • Fugro wins contract for Eni’s deepwater gas project

    26 June 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    A couple of months after securing a contract for an oil project off the coast of Newfoundland and Labrador, Dutch geo-data specialist Fugro has been appointed to support a deepwater gas project in the Eastern Mediterranean. Italy’s energy company Eni has awarded Fugro with a contract to perform a comprehensive site characterization program in Cyprus for […]

  • Cyprus: Standard Drilling Sells Two Jack-Up Drilling Rigs

    27 June 2012
    Business & Finance

    On June 26th, SD Standard Drilling Plc has entered into a final SPA for the sale of one rig (B324) under construction and further issued the buyer an option to purchase a second rig (B337) under construction. If the option is exercised the gross combined price will be USD 426m. The option to purchase B337 […]

  • ExxonMobil’s Cyprus well confirms presence of high-quality gas – gallery

    21 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Rules & Regulation, Vessels

    ExxonMobil has completed drilling operations on its Glaucus-2 appraisal well off Cyprus, confirming the presence of high-quality gas.

  • Cyprus: SeaBird Provides Contracts Updates Regarding its Business Activities

    14 December 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    SeaBird Exploration PLC provides a contract update regarding its business activities as set out below: Phase 1 of the Osprey Explorer multiclient survey in Gulf of Mexico was completed in September 2011 (approximately 8,000 km), and SeaBird reports that the first sale under the master license agreement has been concluded. The sale agreement includes a […]

  • VTT Vasilikos Tank Terminal’s New Look Takes Shape (Cyprus)

    19 November 2012

    Work started last April and is expected to be completed in 2014. To begin with, the terminal should be able to store 357,000 cubic metres of oil (gasoline, diesel, jet fuel, gasoil and mazut). It is eventually due to have a capacity of 643,000 cubic metres. Plans include a marine jetty with four berths to […]

  • Cyprus: Prosafe Production Announces 3rd Q 2010 Interim Update

    25 October 2010
    Business & Finance

    Prosafe Production, a leading owner and operator of Floating Production, Storage and Offloading vessels (FPSOs), announces interim financial report for 3rd quarter 2010: · Operating result before depreciation and restructuring charges of USD 56.8 million · Extension of contract for Abo FPSO · Production on FPSO Ningaloo Vision recommenced after shut-down · Agreement to combine […]

  • Chevron targets year-end for delivery of development concept for Cyprus gas field

    21 July 2022
    Business & Finance, Business Developments & Projects, Exploration & Production

    Chevron plans to deliver an optimised development concept for the Aphrodite gas field located offshore Cyprus to the country’s authorities.

  • Valaris rig on the move as ExxonMobil’s drilling ops end in non-commercial gas volumes

    15 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    ExxonMobil and QatarEnergy have wrapped up drilling activities off the coast of Cyprus, carried out with a drillship owned by Valaris, an offshore drilling contractor.

  • EU Okays Maritime Transport Support Schemes in 5 Countries

    17 December 2019

    EC approved 5 schemes to support maritime transport in Cyprus, Denmark, Estonia, Poland and Sweden.

  • Greek TSO enters EuroAsia Interconnector with 25% stake

    6 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Greek electricity grid operator Independent Power Transmission Operator (IPTO or Admie) has become a strategic investor in the EuroAsia Interconnector that will link Greece, Cyprus and Israel with the acquisition of a 25 per cent stake. IPTO’s entry into the share capital of EuroAsia Interconnector is said to satisfy the requirement of the Directorate General […]

  • Damen Hands Over Two Fast Crew Suppliers to EDT Offshore (Cyprus)

    4 April 2012

    EDT Offshore (Cyprus), an operations and management company for offshore support and dredging services, has taken delivery of a Damen Fast Crew Supplier 3507 and an FCS 5009: the ‘EDT Leda’ and the ´EDT Nefeli´. Both are built according to the Damen Sea Axe design that reduces slamming up to 75% and increases crew comfort. […]

  • After Cyprus gig, ultra-deepwater drillship from Vantage heading to Africa

    10 June 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Vantage has secured a new contract with TotalEnergies for one of its ultra-deepwater drillships, which is currently operating in the Mediterranean.

  • Cyprus: Ocean Rig Receives LoA for Its Drillship ‘Ocean Rig Olympia’

    10 April 2012
    Business & Finance

      Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, yesterday 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 estimated backlog […]

  • TE SubCom Gets Supply Contract for POSEIDON Undersea Cable Project, Cyprus

    26 March 2013
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced that it has been contracted by Ocean Specialists, Inc. (OSI) as the supplier of the POSEIDON project, a high-capacity undersea cable system that will enable advanced communications for the oil and gas industry in the Eastern Mediterranean region. Designed […]

  • EU Commission clears special tax regime for Dredgers and Cable-layers in Cyprus

    26 March 2010

    The European Commission has approved under EU state aid rules a proposal by the Cypriot government to impose a special reduced tax on companies engaged in international maritime transport,dredging and cable-laying,which replaces the corporate tax. [mappress] Source:europa,March 26,2010;

  • Cyprus Only Days Away from Offshore Drilling Start, President Says

    19 September 2011

    Cypriot President Demetris Christofias said on Sunday Cyprus would start drilling for hydrocarbons within the next few days, defying warning… Source: Reuters [mappress] Source:Reuters ,September 19, 2011;

  • Borr Drilling picks new chief financial officer

    28 December 2020
    Business & Finance, Business Developments & Projects

    Offshore drilling contractor Borr Drilling has named a new chief financial officer (CFO), with effect from 28 December 2020.

  • Owner’s engineer services wanted for Mediterranean interconnector

    5 January 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    EuroAsia Interconnector Limited has issued a tender seeking a provider of owner’s engineer services for the Cyprus – Greece (Crete) part of the link. The role of the owner’s engineer is to provide the specialist technical engineering support required by the owner in the execution of the project through the procurement, design, manufacture, construction, installation and […]

  • Cyta and Telecom Italia Sign Agreement for ATHENA Submarine Cable Between Cyprus and Greece

    24 June 2011
    Business & Finance

      Cyta, the premier telecommunications provider in Cyprus, and Telecom Italia Sparkle, the international services arm of the Telecom Italia Group, announce their agreement following a top management meeting in Rome, for the new ATHENA submarine cable subsystem linking Cyprus to Greece, which will come into full commercial service by the end of 2011. The […]

  • Standard Drilling Selling Under Construction Rigs for USD 426 Mln (Cyprus)

    27 June 2012
    Business & Finance

    Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has today entered into a final SPA for the sale of one rig (B324) under construction and further issued the buyer an option to purchase a second rig (B337) under construction. If the option is exercised the gross combined price will be USD 426m. The option to purchase […]

  • The American Club Buys Hull Insurer

    6 October 2015
    Business & Finance

    The American Club has invested in the new Cyprus-based American Hellenic Hull Insurance Company, as part of its expansion into the global hull & machinery segment. American Hellenic will be a Cyprus-based and licensed, Solvency II compliant, wholly-owned American Club subsidiary, managed from Piraeus, Cyprus and New York. The American Club will now not only be able […]

  • KCA Deutag lands drilling contract for EnQuest’s UK North Sea platforms

    25 February 2019
    Business & Finance

    KCA Deutag’s Offshore business unit has been awarded a new drilling contract by Enquest for the Magnus, Thistle, and Heather platforms located off the UK. 

  • The American Club Buys Hull Insurer

    6 October 2015
    Business & Finance

    The American Club has invested in the new Cyprus-based American Hellenic Hull Insurance Company, as part of its expansion into the global hull & machinery segment. American Hellenic will be a Cyprus-based and licensed, Solvency II compliant, wholly-owned American Club subsidiary, managed from Piraeus, Cyprus and New York. The American Club will now not only be able […]

  • TAQA eyes joining 900-kilometer European interconnector

    19 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explore joining Greece’s transmission system operator (TSO) Independent Power […]

  • Next ship in LPD series christened

    16 July 2006

    Under a light rain, the wife of a Marine Corps general smashed a champagne bottle into the hull of the future USS Green Bay, christening the 684-foot warship during ceremonies at a New Orleans-area shipyard on the Mississippi River. “In honor of the great city of Green Bay and in the name of the United […]