1968 results found for 'cygnus'

1968 results found for 'cygnus'
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  • Cyprus: Prosafe Posts 2010 Results, Sees Growing Interest in Semi-submersible Accommodation Rigs

    17 February 2011
    Business & Finance

      Prosafe’s operating profit for the fourth quarter came to USD 18.4 million and net profit amounted to USD 30 million. Operating profit for the year 2010 was USD 221.1 million, and net profit for 2010 equalled USD 198.5 million. Financials (Figures in brackets refer to the corresponding period of 2009) Full year 2010 Operating […]

  • Video: SWEL’s WM9.1 tackles Cypriot waves

    18 August 2016
    Business & Finance, Research & Development, Technology

    Sea Wave Energy Limited (SWEL), a wave energy developer based in Cyprus, has released a video showing the recent open sea testing of its wave energy device.

  • Borr Drilling chief financial officer to step down

    6 November 2019
    Business & Finance

    The chief financial officer of offshore drilling rig contractor Borr Drilling has decided to step down.

  • Deep Sea Supply Sells 2 AHTS at $20.2 million per Vessel (Cyprus)

    21 February 2011
    Business & Finance

    Deep Sea Supply (“The Company”) has sold the two AHTS vessels “Sea Otter” and “Sea Marten”. The vessels, which are the smallest AHTS vessels in the Company’s fleet, are currently on time charter contracts to Petrobras. The vessels were sold to an international offshore supply company at attractive prices of USD 20.2 mill per vessel, […]

  • Navy helps rescue vessel’s crew

    13 March 2007

    A Royal Navy frigate has airlifted five people in gale force winds from a cargo ship taking in water in the Mediterranean between Crete and Cyprus.

  • ABG Shipyard gets $29.7mn order

    27 January 2006

    ABG Shipyard has secured a $29.7 million contract for the construction of three anchor handling tugs (90 tonne bollard pull) for offshore applications from Cyprus-based Lamnalco.

  • Israeli Gas Discoveries No Threat to Turkey, Peres Says

    4 November 2011

    Visiting Israeli President Shimon Peres said in Cyprus on Thursday that gas finds in the Mediterranean Sea were no threat to Turkey but a po… (yahoo) [mappress] Source: yahoo, November 4, 2011

  • EastMed pipeline project seeks offshore EPCI players

    28 April 2020
    Project & Tenders

    IGI Poseidon has rolled out a tender for EPCI activities related to offshore sections of EastMed pipeline project. IGI Poseidon is a 50:50 joint venture between Public Gas Corporation of Greece (DEPA) and Edison International Holding. Eastern Mediterranean (EastMed) is a 1,900 kilometers long natural gas pipeline project to connect the gas reserves of the […]

  • Seychelles’ ‘first utility-scale’ floating solar project secures financing

    20 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    French renewable energy company Qair has secured a $5.7 million (approximately € 4.8 million) senior debt facility from the Facility for Energy Inclusion (FEI), managed by Cygnum Capital, to finance the development, construction, and operation of a 5.8 MWp floating solar plant in Providence Lagoon on Mahe Island, Seychelles. According to Qair, the Seysun Lagoon […]

  • EnQuest gives out HVAC services contract for its UKCS assets

    7 November 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    London Stock Exchange-listed energy player EnQuest has awarded engineering, procurement, and construction (EPC) services provider Nexos, formerly known as Global E&C, with a contract for heating, ventilation, and air conditioning (HVAC) services for its offshore assets on the UK Continental Shelf (UKCS). As part of the award that covers the Thistle and Magnus platforms, Nexos […]

  • EnQuest to take over decommissioning for two North Sea fields

    31 January 2018
    Business & Finance

    EnQuest has agreed with BP to undertake the management of the physical decommissioning activities for Thistle and Deveron fields in the North Sea. 

  • VIDEO: MV Lewek Inspector’s Hull Launched at Cemre Shipyard (Turkey)

    23 April 2013
    Business & Finance

    Forland Shipping launched its new Diving Support Vessel MV Lewek Inspector at the Cemre Shipyard in Altinova in Turkey 13th of April 2013. At exactly 11:00 am, Managing Director Arne Magnus Johnsen split the silk ribbon with an axe, the champagne was released. “One of our best, if not the best launching ever” said Site […]

  • MV ‘Mattheos I’ with Ukrainian Sailors Released from Pirates

    27 September 2011

      Pirates released commercial ship Mattheos I with Ukrainian sailors on board; the ship had been hijacked in the Gulf of Guinea, reported Ukrainian Foreign Ministry on Sept 24. As was earlier reported, pirates attacked merchant ship Mattheos I (Cyprus-flagged, Spanish-operated) on Sept 14 off Benin in the Gulf of Guinea. On board the ship […]

  • EU approves Cypriotic tonnage tax

    25 March 2010

    The EU Commission has approved Cyprus’ new tonnage tax scheme. According to the Commission, the system that exists in several EU countries will enhance the competitiveness of the Cypriot fleet without unduly distorting competition.

  • Offshore Yachting now on sale

    14 December 2005

    Sixty years ago, on Boxing Day, 26 December 1946, Norwegian-born brothers Magnus and Trygve Halvorsen set sail on their first Sydney Hobart Yacht Race in their 35.5-foot slip Saga.

  • VIDEO: Cemre Shipyard Launches Lewek Inspector’s Hull

    23 April 2013

    Cemre Shipyard in Altinova, Turkey held a launching ceremony for the hull of the “Lewek Inspector” Diving Support Vessel on 13th of April 2013. Lewek Inspector will now head to Norway for final outfitting at Havyard’s Leirvik yard. The scheduled time of arrival is in mid-May. The construction of the vessel was ordered by Forland […]

  • Vattenfall appoints new chief executive from within

    10 September 2020
    Business & Finance

    Vattenfall has appointed Anna Borg as its new CEO and President, succeeding Magnus Hall. Borg, who has been Vattenfall’s CFO since 2017, will take over her new role on 1 November. The appointment comes as Magnus Hall revealed in July that he had decided to leave the company after six years as CEO. The recruitment […]

  • DP World Limassol Opens New Cruise Passenger Terminal

    4 May 2018
    Business & Finance

    Port and terminal operator DP World Limassol inaugurated a new cruise passenger terminal on May 3.

  • Nexans named preferred bidder for EuroAsia Interconnector

    4 July 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Nexans Norway has been selected as the preferred bidder for the engineering, procurement, construction and installation (EPCI) contract of the HVDC cable systems for first stage of the EuroAsia Interconnector. Nexans will be in charge of the EPCI of two HVDC cable systems, Pole 1 and Pole 2, for the Cyprus – Greece (Crete) link […]

  • Radius, Cyta Complete Commissioning of Poseidon Submarine Cable

    3 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Radius Oceanic Communications, Inc., and Cyta announced testing and commissioning are complete on the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the Eastern Mediterranean. Radius and its regional telecom partner, Cyta have also completed work to establish dual landing facilities in Cyprus, and […]

  • QatarEnergy enters Egypt through agreement with Shell

    13 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    QatarEnergy has entered into agreements with Shell to acquire interests in two exploration blocks in the Egyptian side of the Red Sea.

  • ABG Shipyard gains on repeat order

    28 March 2007

    ABG Shipyard rose 2 per cent to close at Rs 340.9 on volumes of over 3.7 lakh as it announced it had secured a repeat order for the construction of one APS 100 mt tug, at a price of $13.5 million from Lamnalco, Cyprus.

  • Rystad: Deepwater contributes half of discovered volumes in 1H 2019

    12 July 2019

    Deepwater discoveries are leading the charge with global discoveries of conventional oil and gas continuing to show promising growth, according to Rystad Energy’s mid-year upstream data assessment.

  • EuroAsia Interconnector entering construction phase with launch date set

    11 October 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    The inauguration ceremony for the EuroAsia Interconnector, which will connect Israel, Cyprus and Greece with continental Europe, is scheduled to be held on Friday, 14 October. The EuroAsia Interconnector is a multi-terminal VSC-HVDC scheme that will connect the national grids of the three countries and will comprise converter stations with sea electrodes, interconnected by cables. Following the […]

  • 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 […]