1969 results found for 'cygnus'

1969 results found for 'cygnus'
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  • UK: Tybalt Appraisal Results Disappoint

    28 May 2012
    Business & Finance

    Valiant Petroleum plc reports that the Tybalt appraisal well 211/8c-5 has now been drilled to a total depth of 13,212′ Measured Depth. The well penetrated a full Upper Magnus Sandstone Member (UMSM) section, comprising 844′ gross, with 316′ of net sand. 210′ of core was successfully recovered from this interval. Initial interpretation indicates that the […]

  • Prosafe Secures Contract Extensions for Three Flotels

    2 October 2013

    Prosafe and Elf Exploration UK Ltd have agreed an extension to the firm period for the provision of the Safe Bristolia accommodation support vessel at the Elgin-Franklin Facility in the British sector of the North Sea. The duration or the firm extension period is 61 days starting mid-October 2013. Total value of the firm extension period is approximately USD […]

  • Songa Offshore Provides Rig Fleet Status Update for April 2013

    6 May 2013

    Songa Offshore, a Cyprus-based drilling contractor, has announced its drilling rig fleet status update for April 2013. Songa Dee achieved an operating efficiency of 100% during the month continuing working for Statoil in Norway. Songa Delta achieved an operating efficiency of 100% during the month continuing working for Statoil in Norway. Songa Trym achieved an […]

  • Connect LNG unveils new loading system

    8 June 2015
    Equipment, Research & Development

    Connect LNG, a Norwegian engineering company, said it has recently finalized customer studies, proving cost reductions associated with the construction of vessel berthing and LNG loading. Connect LNG’s loading solution has through recent customer projects shown cost savings of up to 80% compared to traditional solutions based on jetties and quays, the company said in […]

  • Prosafe Lands Contract for Safe Astoria Rig, Offshore Australia

    24 October 2011
    Business & Finance

      Prosafe has been awarded a 150-day contract using the Safe Astoria for accommodation support at the Woodside operated North West Shelf Project’s North Rankin Redevelopment Project, offshore Western Australia. On site operations are planned to commence between April and May 2012. In addition, Prosafe has granted Woodside two additional 30-day options. Total value of […]

  • Malta Opens Public Consultation on 36-turbine Offshore Wind Farm Project

    27 February 2012
    Authorities & Government

    The Malta Environment and Planning Authority has opened public consultation on a 36-turbine floating wind farm project off the northeast coast of Malta proposed by the Swedish company Hexicon. A closing date for the consultation period will be additionally announced. According to a Project Description Statement, the offshore wind farm will comprise 36 turbines set […]

  • Rem Offshore Founder Takes Over Forland Vessels

    24 October 2017
    Business & Finance, Operations & Maintenance

    The principal owner of Frode Bjørn AS, Torpevikvegen 4-6 Eiendom AS, said it will sell 100% of Frode Bjørn AS to In Nord Vest after a restructuring has been completed. Frode Bjørn is the parent company of Forland group of companies with fleet of two wholly-owned subsea vessels Forland Inspector (Lewek Inspector) and Fugro Saltire. […]

  • Rickmers to Continue Ship Management under New Owners

    8 September 2017
    Business & Finance

    Hamburg-based Rickmers Group, which filed for insolvency in June 2017, has received a nod to continue its business after Zeaborn Group and Bertram Rickmers bought its global ship management activities. A consortium comprising the two companies signed a purchase agreement regarding the takeover of the Rickmers Group’s activities, with its main sites in Hamburg, Singapore and […]

  • Deep Sea Supply Optimistic for OSV Market in 2013

    27 February 2013

    Deep Sea Supply (DESS), a Cyprus-headquartered owner and operator of a fleet of offshore support vessels, in its quarterly report today said it remained cautiously optimistic for the OSV market in 2013. The company which recently entered the joint venture transaction with BTG Pactual in Brazil which will make it the third largest OSV owner in Brazil, […]

  • Deep Sea Supply in double charter win

    6 November 2014
    Business & Finance

    Deep Sea Supply, a Cyprus-registered owner of offshore support vessels, has agreed on bareboat contracts for the PSVs “Sea Spear” and “Sea Swift”. The contract is for operations in Australian waters. The company did not reveal the name of the client, but only noted that the end charterer will be an international major subsea contractor. […]

  • Brazil’s Petrobras Hires 4 AHTS from Deep Sea Supply

    23 February 2012
    Business & Finance

    Deep Sea Supply has secured long term contracts with Petrobras for the four Anchor Handling Tug Supply vessels Sea Fox, Sea Jackal, Sea Vixen and Sea Stoat. The vessels will work for Brazilian oil giant Petrobras. The contract periods are 4 year firm plus 4 year option for all the vessels. Total net value of […]

  • Songa Trym Yard Stay Costs Hit $260 Million (Norway)

    15 January 2013

    Songa Offshore, a Cyprus-based drilling contractor, has informed in its December 2012 fleet update that its Songa Trym rig has completed its yard stay at CCB shipyard in Norway. The drilling contractor reported that non-conformities identified in the Petroleum Safety Authority’s (Petroleumstilynet) audit of November 15, 2012 have been corrected and addressed. The rig moved […]

  • Morning Glory to Be Auctioned Off by Libyan Authorities

    4 September 2015

    The Morning Glory oil tanker is about to be put on auction by Libyan authorities, as informed by the state’s prosecutor office cited by Reuters. The tanker was boarded and seized by US Navy Seals in international waters in March 2014 on request of the governments of Libya and Cyprus following its seizure during the same […]

  • Safe Scandinavia to Move to UK North Sea in 2013

    31 July 2012
    Business & Finance

    Prosafe, a Cyprus-based owner of semi-submersible accommodation/service rigs 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. […]

  • RED Engineering Expands Team with New Hires

    20 March 2018
    Business & Finance, Equipment

    Hexham-based RED Engineering has made new appointments as it gears up for further growth after completing more than 300 projects in 10 years. RED Engineering, which provides specialist engineering consultancy and design expertise, has appointed Will Hopps as lead engineer, while Magnus Campbell re-joins as principal engineer. Barry James is appointed as a senior engineer […]

  • Castor Maritime Charters Out Panamax to Oldendorff Carriers

    15 March 2019
    Business & Finance

    Castor Maritime inks a time charter with Oldendorff Carriers for Magic P, a Panamax vessel. 

  • Report: Seatankers Management Offloads Bulker Trio

    23 January 2018
    Business & Finance

    Seatankers Management, part of Fredriksen Group, has sold three dry bulkers.

  • Belships Issues New Shares to Wrap Up Bulker Acquisition

    4 July 2019
    Business & Finance

    Belships ASA issued new Belships shares to two European companies to complete the acquisition of a 63,000 dwt bulker. 

  • Morning Glory to Be Auctioned Off by Libyan Authorities

    4 September 2015

    The Morning Glory oil tanker is about to be put on auction by Libyan authorities, as informed by the state’s prosecutor office cited by Reuters. The tanker was boarded and seized by US Navy Seals in international waters in March 2014 on request of the governments of Libya and Cyprus following its seizure during the same […]

  • UK: Faroe Petroleum Acquires Interest in East Foinaven Field

    21 September 2012
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has agreed to acquire a 10% non-operated interest in the East Foinaven Field and a 0.5% interest in the West of Shetland Pipeline System (the “Interests”) from […]

  • ExxonMobil wins 2017 Explorer of the Year award

    23 January 2018

    Oil major ExxonMobil has been named the 2017 Explorer of the Year by the World Oil and Gas Council.

  • Finland: Wartsila to Provide Power and Propulsion Packages for Pacific Radiance OSVs

    4 July 2012

    Wärtsilä, the marine industry’s leading solutions and services provider, is to supply complete and fully integrated power generation and propulsion packages for three vessels being built for Pacific Radiance Ltd., the Singapore based company specialising in offshore service activities. In each case, the company’s main requirements were to achieve greater efficiency, better fuel consumption, and […]

  • Finland: Wartsila to Supply Power and Propulsion Packages for Pacific Radiance OSVs

    4 July 2012
    Business & Finance

    Wärtsilä, the marine industry’s leading solutions and services provider, is to supply complete and fully integrated power generation and propulsion packages for three vessels being built for Pacific Radiance Ltd., the Singapore based company specialising in offshore service activities. In each case, the company’s main requirements were to achieve greater efficiency, better fuel consumption, and […]

  • UK: Kommer Damen Wins Lifetime Achievement Award

    23 May 2012

    During the Seawork Awards Dinner on 22 May, Kommer Damen was awarded with the Lifetime Achievement Award. Arnout Damen, COO of Damen Shipyards Group, accepted the inaugural award on behalf of his father from Caroline Dinenage, MP for Gosport, Stubbington, Lee-on-the-Solent and Hill Head. After working in the family business, Kommer Damen set up his […]

  • Gunvor Revealed as Charterer of Exmar’s FSRU Barge

    15 May 2018
    Business & Finance

    Exmar has executed a ten-year charter with commodity trader Gunvor for the provision of its FFSRU barge.