1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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. 

  • Investment management firm joins Greece-Cyprus-Israel interconnector, talks with other investors ongoing

    18 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy

    Paris-headquartered investment management company Meridiam has entered into the shareholding structure of the company responsible for the implementation of the electric interconnection project between Greece, Cyprus, and Israel. Greek transmission system operator (TSO) Independent Power Transmission Operation (IPTO) reported it had signed a memorandum of understanding (MoU) with Meridiam for its entry into the shareholding […]

  • Cyprus gas to reach European market via Damietta LNG facility in Egypt

    10 September 2015

    Eni’s CEO Claudio Descalzi said on Thursday that natural gas found offshore Cyprus could be shipped to markets in Europe through the Damietta LNG plant in Egypt.

  • ABB Turbocharging to Open Service Point at MMS Shipyard in Limassol

    6 June 2018
    Business & Finance

    ABB Turbocharging is to open a turbocharging service point at Multimarine Services’ (MMS) facility in Limassol.

  • New milestone for Cyprus LNG terminal as FSRU wraps up sea trials

    17 November 2023
    Business Developments & Projects, Infrastructure, Vessels

    Floating storage and regasification unit (FSRU) Prometheus, built by China Petroleum Pipeline-led consortium for the Cyprus LNG terminal project, has completed modified gas mode sea trials as the terminal launch is anticipated in July 2024. Conversion of the Prometheus from ETYFA’s LNG carrier to an FSRU was completed in China earlier this year. The first […]

  • Cyprus: SeaBird Selects Sercel’s SeaPro Nav System for Its Two Vessels

    6 June 2012
    Business & Finance, Equipment

    SeaPro Nav, Sercel’s integrated navigation system for all in-water seismic equipment, has been selected by 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 Harrier […]

  • Cyprus: SHI Delivers Ocean Rig’s Fourth DrillShip Ocean Rig Mykonos

    4 October 2011

    On September 29th the company took delivery of its fourth drill ship, Ocean Rig Mykonos. The drill ship is currently mobilizing for operations in Brazil for Petrobras. A drill ship is a drilling facility in the form of a ship, which can facilitate the drilling of crude oil and gas in deep sea areas with […]

  • Deep Sea Supply Announces Contract Extension for ‘Sea Bear’ Vessel (Cyprus)

    12 April 2011
    Business & Finance, Operations & Maintenance

      Deep Sea Supply announces that the AHTS vessel “Sea Bear” has been awarded a 9 month contract extension from Melittah Gas for operations in the Mediterranean until January 2012. “Sea Bear” will replace “Sea Cheetah” which has been working under this contract. Deep Sea Supply Plc is an offshore supply company. The Company is […]

  • Quantum Energy Plans to Link Israel, Cyprus and Greece via Subsea Cable

    24 January 2012
    Business & Finance, Operations & Maintenance

      Quantum Energy Ltd, an electricity company controlled by Athens-based Public Power Corporation SA, plans to build a cable connecting Israel…   (ekathimerini) [mappress] Source: ekathimerini , January 24, 2012;

  • Damen Delivers Two Fast Crew Supplier Vessels to EDT Offshore (Cyprus)

    4 April 2012
    Business & Finance

    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. […]

  • BP withdraws workers from Magnus platform amid water contamination probe

    22 November 2017

    BP is taking workers off its Magnus platform in the UK North Sea, following a recently reported contamination of drinking water aboard the unit.

  • Cyprus: Deep Sea Supply Secures Contract Extension for its AHTS Vessel

    12 April 2011
    Business & Finance

    Deep Sea Supply  announces that the AHTS vessel “Sea Bear” has been awarded a 9 month contract extension from Melittah Gas for operations in the Mediterranean until January 2012. “Sea Bear” will replace “Sea  Cheetah” which has been working under this contract. DEEP SEA SUPPLY Plc Deep Sea Supply Plc is an offshore supply company. […]

  • Schulte Group Launches New Maritime Fund Manager

    15 June 2018
    Business & Finance

    Schulte Group launched a new maritime fund manager, Hanseatic Capital Management (HCM).

  • EIA: Eastern Mediterranean Gas Exploration Focused on Levant Basin

    20 August 2013

    Offshore natural gas discoveries in the Levant Basin have the potential to significantly alter energy supply dynamics in the eastern Mediterranean region and could spur natural gas exports in the near future. Uncertainty over the location and configuration of export infrastructure persists, but several proposals are making progress despite complications posed by regional security problems, […]

  • Chevron takes another shot at making Aphrodite rise from the sea with revised $4 billion plan for offshore gas development

    5 September 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Chevron has handed over an updated plan for the development of an offshore gas field reservoir in Block 12 to the government of Cyprus, which is located in the Eastern Basin of the Mediterranean Sea.

  • IHS Markit: Total’s block off Cyprus to compete with Eni’s Zohr discovery?

    11 January 2017

    Driven by the success of Eni’s major Zohr field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to a new analysis from IHS Markit, an information and analytics group. Total’s announcement that it will drill a 2017 exploration well in its deepwater Block 11 located offshore Cyprus indicates […]

  • Cyprus: Prosafe’s 3Q Operating Profit Down on Lower Contribution of Safe Bristolia

    2 November 2011
    Business & Finance

    Operating profit for the third quarter came to USD 69 million and net profit amounted to USD 62.8 million. The utilisation of the rig fleet was 91 per cent. Financials (Figures in brackets refer to the corresponding period of 2010) Operating profit for the third quarter amounted to USD 69.0 million (USD 83.0 million). Utilisation […]

  • Cyprus: SeaBird Announces 2D Contract Awards Worth $20 Million Combined

    4 February 2011
    Business & Finance

      SeaBird Exploration Limited (‘SeaBird’ or ‘SBX’) provides a contract update regarding its business activities in the 2D and 3D shallow water as set out below; Following completion of a survey in Indonesia next week, Aquila Explorer has been awarded one contract and received a letter of intent for a further survey in direct continuation […]

  • Cyprus: Seabird Exploration Provides Fleet Utilization Update for 1st Q 2011

    11 April 2011
    Business & Finance

      SeaBird Exploration PLC ,a global provider of marine solutions for seabed acquisition of 3D/4C/4D multimode seismic data with OBN operations, marine 2D and 3D seismic data, and associated products and services to the oil and gas industry, announces  fleet update for Q1 2011 Vessel utilization is defined as the percentage of the full quarter […]

  • Tug ST Elmo Assists in Ship-to-Ship LNG Towage Duties (Cyprus)

    1 August 2013
    Vessels

    ASD tug ST ELMO (BP75t – Built in 2011) was recently engaged in a successful operation in the East Mediterranean. The vessel was employed to provide ship-to-ship LNG towage duties and standby assistance along with tug Gariblado in IPL and OPL Limassol Bay, Cyprus. St Elmo returned to base on 13th July, 2013. For the […]