1968 results found for 'cygnus'

1968 results found for 'cygnus'
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  • 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.

  • 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 […]

  • 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.

  • 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;

  • 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. […]

  • 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 […]

  • 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. […]

  • 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 […]

  • Total to Search for Hydrocabons in Cypriot Blocks 10 & 11

    6 February 2013

    French oil major Total today signed exploration and production sharing contracts with the Ministry of Commerce, Industry and Tourism of the Republic of Cyprus. Under the agreement, the oil company will be free to search for hydrocarbons in Cyprus’ offshore blocks 10 and 11. The oil & gas industry has recently shown significant attention to […]

  • BP UK Awards Contract to Floatel

    22 May 2014
    Business & Finance

    BP Exploration Operating Company Limited has awarded a contract to Floatel International for provision of an accommodation and construction support vessel for BP Magnus Life Extension Project. Floatel Superior is the nominated vessel for the work and the charter is expected to start in February 2015, for a firm hire period of three months.The vessel, designed […]

  • IMEWE Cable Malfunctions near Alexandria (Egypt)

    5 July 2012
    Business & Finance, Equipment

    On Wednesday a malfunction on the internet cable IMEWE caused the internet blackout which continued on Thursday as well, according to dailystar.com. Telecommunications Minister Nicolas Sehnaoui stated: “There is a crisis due to an internet blackout and we are unable to fix the broken cable near Alexandria, [Egypt]”. The Minister added that the submarine fiber-optic […]

  • Limassol Port Workers Prepare for a New Strike

    17 March 2016
    Business & Finance

    Some 40 Limassol port workers have decided to take matters into their own hands as they announced an indefinite strike against the bid selected for marine services by the Cyprus government, the Cyprus Mail reported. Scheduled to start on March 21, the strike would see maritime pilots, mechanics, and tugboat captains walk out to defend their rights […]

  • 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: 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 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 […]

  • Turkey Sends Fighter Jets to Escort Seismic Ship Piri Reis on Cyprus Explorations

    11 October 2011

    The four-decade clash between Turkey and Cyprus has moved offshore, drawing warships into an area where some of the past decade’s biggest… Reported by Emre Peker and Stelios Orphanides (Bloomberg) [mappress] Source: Bloomberg, October 11, 2011;

  • Shell Farms Into Australian AC/P 52 Permit

    20 August 2013
    Business & Finance, Project & Tenders

      Finder Exploration Pty Ltd announces that they have entered into a farm-out agreement which provides for Shell Development (Australia) Proprietary Limited (“Shell”) to earn a 50% interest and Operatorship in Exploration Permit for Petroleum AC/P 52 (“Permit”). The Permit is located in the Northern Browse Basin and is north of the Poseidon major gas […]

  • A Flettner Freighter in the Making

    18 March 2018
    Business & Finance

    With the Paris Climate Agreement in mind, shipping firms are looking at wind again for efficiency reasons.

  • A Flettner freighter in the making

    31 March 2020
    Innovation, Technology

    For centuries shipping depended on wind, but the industrial revolution changed that. No longer vessels were stuck in the doldrums. Today, with the Paris Climate Agreement in mind, shipping companies are looking at wind again for efficiency reasons. Recently C-Job Naval Architects has delivered the design for a wind-assisted general cargo vessel to Dutch shipping […]