1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • Colombian Navy Finds Cocaine on Board Tanker

    24 February 2015
    Business & Finance

    The Colombian Navy detained a tanker in Cartagena on Monday, February 23rd which was carrying 102 kilos of cocaine on board. The drugs were found by divers, who were conducting an underwater inspection of the Cyprus-flagged PRISCO Alexandra. During the inspection, divers found a concealed compartment near the vessel’s rudder. The compartment was concealing two […]

  • China: Cosco Cuts Steel for Axis Offshore’s New Accommodation Unit

    1 March 2013
    Business & Finance

    Axis Offshore celebrated with Cosco a steel cutting, held according to the construction schedule on 28th February 2013, for the first semi-submersible accommodation unit. The Axis Offshore site team manager, Mr. Magnus Olsson, congratulated the yard project manager, Mr. Wang Jianqiang, on the planned progress made by Cosco. This rig, which is worth over US$200 […]

  • Turkish Cypriots: ‘Barbaros Hayreddin Paşa’ here to stay

    7 January 2015
    Business & Finance

    The government of the Northern Cyprus, a self-declared state run by Turkish Cypriots, has announced that the Turkish vessel Barbaros Hayreddin Paşa will continue to shoot seismic beams in Cypriot waters, despite objections from the official government. The Turkish Cypriots’ foreign ministry said this was a response to  the Greek Cypriot Administration (GCA) unilateral drilling activities in […]

  • Damaged CSL Virginia Sold for Demolition in Bangladesh

    17 January 2019

    CSL Virginia has been sold for demolition in Bangladesh.

  • Mubadala Extends Songa Venus Rig Contract (Vietnam)

    10 May 2013
    Business & Finance

    Mubadala Petroleum has decided to further extend the Songa Venus rig contract to cover an additional two firm wells and two option wells in Vietnam under the current contract terms and conditions. The two additional wells have a total estimated duration of 80 days and corresponding revenue of approximately USD 19 million. The Venus program […]

  • Steel Cutting Ceremony Held for Axis’ Accommodation Unit (China)

    1 March 2013

    Axis Offshore celebrated steel cutting according to the construction schedule with Cosco on 28th February 2013 for its first semi-submersible accommodation unit. The Axis Offshore site team manager, Magnus Olsson, congratulated the yard project manager, Wang Jianqiang, on the planned progress made by Cosco. The new accommodation vessel, worth over $200 million, is ordered by […]

  • Repeat Offender Barred from Paris MoU

    24 September 2014
    Business & Finance

    A 3594 dwt, 1982-built general cargo ship M/V Maxal  Gita was detained in Larnaca (Republic of Cyprus) due to multiple detentions, on September 16, 2014. This is the ship’s third detention in the Paris MoU region within the last 24 months. The ship flies the flag of Belize which is grey on the current Paris MoU WGB list. Paris […]

  • Eni, Egypt to accelerate Zohr field production start-up

    19 October 2015
    Business & Finance

    The President of the Republic of Egypt Abdel Fattah Al-Sisi, and Eni’s Chief Executive Officer Claudio Descalzi, confirmed the joint commitment to accelerate the production start-up of the Zohr field offshore Egypt. The two met on Sunday in Cairo to discuss Eni’s activities in the country, with the main focus on Eni’s recent giant gas […]

  • VIDEO: Inauguration of DanTysk

    6 May 2015

    On 30 April 2015 the DanTysk wind farm was inaugurated in Hamburg, Germany. DanTysk is one of the first large-scale offshore wind farms ever to be built in the German North Sea and will provide 400.000 households with renewable electricity. The ceremony, held in Hamburg, was attended by German Federal Minister for Economic Affairs Sigmar […]

  • Israel: Leviathan Holds More Gas Than Previously Estimated

    19 December 2011
    Business & Finance

    Noble Energy, Inc. today announced results from its Leviathan appraisal well in the Amit license offshore Israel. The successful Leviathan #3 well, located more than three miles east of the original Leviathan discovery, encountered approximately 290 net feet of natural gas pay in multiple intervals. The reservoir thickness and quality were greater than anticipated and […]

  • Is There a Light at the End of the Tunnel for Boxships?

    17 September 2015
    Business & Finance

    The low demand on the high volume trade lanes is surely increasing the pressure on earnings which is already felt in the container shipping industry,  BIMCO’s Chief Shipping Analyst, Peter Sand shared with the participants at the Maritime Cyprus 2015 Conference in Limassol, Cyprus on the 13-16 September 2015. As shipping is a derived demand of global […]

  • Norway: TGS Plans New 3D Multi-Client Survey in Northern North Sea

    6 July 2011
    Business & Finance, Operations & Maintenance, Research & Development

      TGS will commence acquisition of a new 3D multi-client survey which covers 1,100 km2 over the Magnus Basin, including the southwest to northeast striking “End of the World” fault. TGS will also reprocess approximately 6,500 km2 of 3D seismic data in the same area to build a combined project of 7,600 km2. The new […]

  • Turkey Stops Business Relations with Italy’s Eni

    27 March 2013
    Business & Finance

    Turkey has chosen to suspend all business relations with Italian oil company Eni, as a response to the oil giant’s involvement in oil and gas exploration in disputed waters offshore Cyprus, Anadolu news agency has reported. The news agency has quoted the country’s energy minister Taner Yildiz who, at the outskirts of an energy event, […]

  • Petronas Books Songa Venus for One More Year (Malaysia)

    10 August 2012
    Business & Finance

    Petronas, Malaysian state-controlled oil company, has exercised the 1 year optional contract for Songa Offshore’s semi-submersible drilling rig, Songa Venus. Songa Offshore, a Cyprus based drilling contractor and the owner of the rig, has revealed the information in its fleet status report for July 2012, without disclosing the value of the contract. The rig which […]

  • Delek eyeing larger stake in Aphrodite gas field

    2 June 2015

    Delek Group said it has begun preliminary negotiations with Noble Energy for the acquisition of 19.9% of its share in Block 12 in Cyprus.

  • Ex-Noble Corp. man to head Borr Drilling

    31 July 2017
    Business & Finance

    Borr Drilling, a recently established offshore drilling company, has appointed a new chief executive officer (CEO) of the company. The company said last Friday that it chose Simon Johnson as the new CEO. Johnson most recently served as a senior vice president of marketing & contracts at another offshore drilling company, Noble Corporation. Borr added […]

  • SWEL Eyes Wave Device Commercial Deployment

    28 January 2019
    Research & Development, Technology

    Cyprus-based Sea Wave Energy Ltd (SWEL), in collaboration with the University of Cyprus, Department of Mechanical and Manufacturing Engineering, performed a series of experimental tests for its wave energy technology. SWEL has been focused on the design and development of its wave energy converter, the “Wave Line Magnet” (WM). The company has evolved and developed […]

  • Top EU Nations among Worst Performers in Climate Talks

    22 March 2018
    Business & Finance

    Europe’s top shipping nations identified among worst in IMO’s maritime climate talks.

  • SeaBird Exploration secures contract extension for 2D survey campaign

    31 January 2023
    Business & Finance, Business Developments & Projects

    SeaBird Exploration, the provider of marine 2D seismic acquisition and source vessel services, has received a letter of award for an extension to the 2D campaign in the Eastern Hemisphere.

  • Norway: TGS Plans New 3D Multi-Client Survey in Northern North Sea

    6 July 2011
    Business & Finance

    TGS will commence acquisition of a new 3D multi-client survey which covers 1,100 km2 over the Magnus Basin, including the southwest to northeast striking “End of the World” fault. TGS will also reprocess approximately 6,500 km2 of 3D seismic data in the same area to build a combined project of 7,600 km2. The new seismic […]

  • Transas equips gas tanker owned by UNICOM

    30 January 2007

    Transas is proud to have equipped the gas tanker ‘SKF Tobolsk’ built at the Hyundai Heavy Industries shipyards for UNICOM (Cyprus), the subsidiary of Russian shipowner Sovkomflot. The ship was named after the Russian town Tobolsk, now one of the centres of the country’s oil industry. The gas tanker of 26 400 tons displacement has […]

  • VIDEO: ‘Lewek Inspector’ Hull Launched in Turkey

    18 April 2013

    Turkish Cemre Shipyard last week hosted a launching ceremony for the hull of the “Lewek Inspector” Diving Support Vessel. At the ceremony, Forland Shipping CEO Arne Magnus Johnsen cut the ribbon with an axe, sending the hull into water. The vessel, ordered by Forland Shipping from Havyard Group last year, will now go to Norway, where it […]

  • BP Extends COSLRival Contract (UK)

    24 April 2013
    Business & Finance

    COSL has announced that its  COSLRival accommodation rig has been awarded a contract extension by BP with a firm duration of 12 months. Previously the firm duration was 6 months and 20 days.  The rig will be used at BP’s Magnus field in the UK sector of the North Sea. The contract is expected to […]

  • Topaz Resolve Begins Survey Ops in Mediterranean Sea

    15 May 2017
    Project & Tenders

    Topaz Energy and Marine informed that its multi-purpose supply vessel, Topaz Resolve, has started a charter contract in the Mediterranean Sea for a European oil company. Under the contract the vessel will conduct geophysical and geotechnical surveys in the Mediterranean Sea. Topaz Resolve is operating from Limassol, Cyprus for an initial period of one month. The vessel […]

  • Prosafe Secures Contract for Safe Scandinavia in UK North Sea

    31 July 2012
    Business & Finance

    Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North Sea. The firm period of the contract is 187 days with on-site operations planned to commence April 2013. Total value of the contract for the […]