1968 results found for 'cygnus'

1968 results found for 'cygnus'
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  • Following EnQuest exit, CFO to take the same role at Tullow

    24 March 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Tullow Oil has revealed it will be getting a new Chief Financial Officer later this year by hiring the current CFO of EnQuest for the role.

  • Rystad: 282 billion barrels to stay in the ground as Covid-19 hastens peak oil

    18 June 2020
    Exploration & Production, Infrastructure, Market Outlooks, Outlook & Strategy

    In its global energy outlook, Rystad Energy revealed that the Covid-19 downturn will expedite peak oil demand, putting a lid on exploration efforts in remote offshore areas and as a result reducing the world’s recoverable oil by around 282 billion barrels.

  • 45 countries designated seafarers as key workers

    16 December 2020
    Authorities & Government, Human Capital, Regulation & Policy, Rules & Regulation, Vessels

    Forty-five IMO Member States and one Associate Member, Hong Kong,  have now designated seafarers as key workers, a key step in resolving the ongoing crew change crisis.  Key worker designation is essential to exempt these professionals from specific COVID-related travel restrictions, allowing them to travel between their country of residence and ships, and to be repatriated at the end of their contracts. The restrictions […]

  • Norsepower: Wind Propulsion Cuts Fuel Costs

    1 June 2015
    Business & Finance

    Norsepower Oy Ltd. and Bore Ltd have repported a successful sea trial of Norsepower’s Rotor Sail Solution, a new wind propulsion technology for ships. The sea trials, verified by NAPA and supported by VTT Technical Research Centre of Finland, confirm fuel savings of 2.6% using a single small Rotor Sail on a route in the North Sea. […]

  • JERA to collaborate with YCA and CF Industries on ammonia

    17 January 2023
    Business Developments & Projects, Collaboration

    Japanese energy company JERA has signed two separate Memorandums of Understanding (MoUs) with Yara Clean Ammonia Norge (YCA), a subsidiary of Norway-based Yara International ASA, and US-based CF Industries Holdings for potential collaboration for the joint project development and sales and purchase of clean ammonia. Under the MoUs, JERA agreed with YCA and CF Industries […]

  • BHP, Pan Pacific Copper, and Norsepower to retrofit combination carrier with rotor sails

    10 August 2022
    Collaboration, Green Marine, Transition, Vessels

    BHP has partnered with Pan Pacific Copper (PPC) and Norsepower to look into the installation of a wind-assisted propulsion system onboard a combination carrier operating between Chile and Japan. At the moment, technical assessments are being carried out for the retrofit on-board the 53,762 DWT M/V Koryu, which is operated by Nippon Marine – a […]

  • Drydocks World Holds Networking Event for Its Global Business and Commercial Agents

    3 June 2013
    Business & Finance

    Drydocks World & Maritime World recently hosted a meeting with its business & commercial agents who represent the organization’s interests in different areas overseas. The event was attended by a large number of agents who gathered to discuss the latest projects handled by the company and to understand the requirements for the future. Welcoming the […]

  • Floatel’s fourth flotel named in Singapore

    2 February 2015
    Exploration & Production

    Singapore’s Keppel FELS is on its way to deliver the fourth semi-submersible accommodation rig to Floatel International Ltd (Floatel) At a ceremony in Singapore, held on Saturday, January 31, the rig was named Floatel Endurance at the Keppel FELS yard. It will be deployed to work for Chevron in Western Australia in 2015 before proceeding to work […]

  • REM Offshore founder buys Forland vessels

    24 October 2017

    Norway’s offshore vessel owner Forland Shipping will sell its fleet of two subsea vessels to Nord Vest AS, a company run by Age Remoy, founder of REM Offshore, a company that recently became part of Solstad Farstad. Forland has found itself in a tight spot as it has been unable to keep its vessels – […]

  • SWEL: New Wave Energy Device Delivers Breakthrough Results (UK)

    8 May 2013
    Business & Finance, Equipment

    Sea Wave Energy Ltd. (SWEL) is a new-entrant renewable energy business, focused on the marine sector. It was established to exploit the intellectual property of its Waveline Magnet device, a wave energy converter that is the culmination of eight years’ research and development. In March 2013, the latest version of the Waveline Magnet, the 12 […]

  • In focus: How international are decarbonization efforts?

    7 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Transition, Vision

    In Europe, we have been seeing an increasing amount of climate change evidence that makes us reconsider our outfit choices every day and if (not) bringing an umbrella was the right thing. A not-so-snowy winter, no nice spring weather, a lot of summer rain in Southeastern and Central Europe, but very dry in the North […]

  • China Overtakes Germany as Biggest Containership Nation

    2 March 2020

    Germany remains the world’s fifth-biggest shipping nation.

  • WoodMac: LNG regas capacity under construction at 10-year high

    2 September 2020
    Infrastructure, Market Outlooks, Outlook & Strategy

    The global LNG regasification capacity under construction could hit 144 million tonnes per annum in 2020, a 10-year high.

  • Tallink makes RoPax purchase amid COVID-19

    2 July 2020
    Business Developments & Projects, Infrastructure, Vessels

    Estonian ferry company AS Tallink Grupp has strengthened its fleet with the purchase of a roll-on/roll-off passenger (RoPax) vessel from compatriot firm Navirail OÜ.

  • Egypt’s new gas discovery: Opportunities and Challenges

    10 September 2015

    After a tough year, the Egyptian government recently received some good news. Italy’s ENI announced that it has discovered the “largest ever” offshore natural gas field in the Mediterranean off the Egyptian coast.

  • Potential imbalance in oil demand and supply on the cards

    29 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost, demand could fall.

  • ExxonMobil’s 1Q earnings drop to $2.4B

    26 April 2019
    Business & Finance

    Exxon’s 1Q earnings drop 49 percent versus the prior year’s 1Q earnings of $4,65 billion.

  • Wartsila to Outfit Harvey Gulf’s New MPSV

    18 June 2013

    Wartsila, the marine industry’s leading solutions and services provider, has been awarded the contract by Eastern Shipbuilding Group, Inc., of Panama City, Florida to supply an integrated solution for a new multipurpose support vessel (MPSV) for Harvey Gulf International Marine, LLC (HGIM) of New Orleans. This offshore vessel is the first in a series of […]

  • Noble Energy Reveals New Organizational Structure

    29 April 2013

    Noble Energy, Inc. today announced that it has enhanced its organizational structure to support the material growth it is anticipating over the next several years, as well as to continue the development of its senior leadership team. The new organizational structure has been designed to better align business units with common activities by taking advantage […]

  • Swedegas, Vopak Sign LOI on Gothenburg LNG Terminal

    20 June 2012

    A terminal for liquefied natural gas, LNG, could be completed in Gothenburg, the largest port in Nordic region, as early as 2015. This is the aim behind today’s signing of a letter of intent, stating that Gothenburg-based Swedegas and the Dutch company Royal Vopak are exploring the possibility to enter into a joint venture and […]

  • EU & Namibia boost collaboration on sustainable raw materials and H2

    30 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy

    European Commission (EC) President Ursula von der Leyen and President of Namibia Hage Geingob have endorsed the roadmap for the EU–Namibia strategic partnership on sustainable raw materials value chains and renewable hydrogen, supported by €1 billion in investments by the EU, its member states and European financial institutions. To remind, In November 2022, Namibia and […]

  • UK: Waveline Magnet Shows Good Results

    8 May 2013
    Research & Development

    Sea Wave Energy Ltd. (SWEL) is a new-entrant renewable energy business, focused on the marine sector. It was established to exploit the intellectual property of its Waveline Magnet device, a wave energy converter that is the culmination of eight years’ research and development. In March 2013, the latest version of the Waveline Magnet, the 12 […]

  • Subsea 7 and OHT combine to create pure play offshore wind company

    8 July 2021
    Business & Finance, Vessels

    Subsea 7 S.A. has agreed to combine its Renewables business unit with Norway’s OHT ASA. Subject to the customary approvals, conditions and relevant employee consultations, the combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a view to a future listing on Oslo Børs. […]

  • UK: Waveline Magnet Shows Good Results

    8 May 2013
    Research & Development

    Sea Wave Energy Ltd. (SWEL) is a new-entrant renewable energy business, focused on the marine sector. It was established to exploit the intellectual property of its Waveline Magnet device, a wave energy converter that is the culmination of eight years’ research and development. In March 2013, the latest version of the Waveline Magnet, the 12 […]

  • Wärtsilä Package for Harvey Gulf MPSV

    18 June 2013
    Equipment

    Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded the contract by Eastern Shipbuilding Group, Inc., of Panama City, Florida to supply an integrated solution for a new multipurpose support vessel (MPSV) for Harvey Gulf International Marine, LLC (HGIM) of New Orleans. This offshore vessel is the first in a series of […]