1968 results found for 'cygnus'

1968 results found for 'cygnus'
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  • Westwood: 2019 gas discoveries up and oil down on 2018

    14 August 2019

    High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed, compared to 36 in the same period in 2018, according to Westwood.

  • Temporary Works Design

    29 March 2019

    By Susanne den Hoed, HR Department at Temporary Works Design Temporary Works Design (TWD) is an ambitious and innovative engineering firm, working with major on- and offshore contractors to assist them with practical solutions for their wide variety of constructions and installation challenges. Specialized in the structural and mechanical design of custom installation equipment, TWD’s […]

  • North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security

    19 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    UK’s regulator North Sea Transition Authority (NSTA) has fined EnQuest, Equinor, and Spirit Energy a total of £265,000 or $322,437.

  • European Shipowners Dumped Record-Breaking Number of Ships in 2012

    11 February 2013
    Business & Finance

      A record-breaking number of 365 ships were sent for breaking by European shipowners to the beaches of South Asia in 2012, according to a list released, Feb. 5th, by the NGO Shipbreaking Platform. This number represents a 75% increase from 2011, when 210 EU-owned ships were sent for breaking in India, Bangladesh and Pakistan. […]

  • Guest column: Made For Each Other

    16 April 2019

    In the previous Newsflash Guest Column, Philippe Kavafyan, CEO of MHI Vestas Offshore Wind, shares his views on exploring the symbiotic relationship between offshore wind and hydrogen.

  • UK: Graig, GMI Team Up to Provide Solutions for Problematic Shipping Exposures

    18 July 2012
    Business & Finance

    The Cardiff-based Graig Group has teamed up with Global Maritime Investments to provide shipping lenders with tailor-made solutions for problematic shipping exposures. Working together the two groups will provide lenders with workout solutions, safe havens and exit routes for distressed assets and underperforming shipping portfolios. The joint approach brings together the long-term ship management experience […]

  • A Record-Breaking Number of 365 Ships Dumped in 2012

    11 February 2013

    A record-breaking number of 365 ships were sent for breaking by European shipowners to the beaches of South Asia in 2012, according to a list released, Feb. 5th, by the NGO Shipbreaking Platform. This number represents a 75% increase from 2011, when 210 EU-owned ships were sent for breaking in India, Bangladesh and Pakistan. “Despite […]

  • EU Funds Two Spanish Floating Offshore Wind Projects with EUR 67.4 Mln

    9 July 2014
    Authorities & Government, Business & Finance, Research & Development, Technology

    The European Commission yesterday awarded €1 billion funding to 19 projects to fight climate change under the second call of the so-called NER 300 funding programme. The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading System. This makes the polluters the driving force behind developing new low-carbon […]

  • Govts Urged to Uniform Procedures ahead of Low Sulphur Switch

    19 June 2014
    Business & Finance

    Pressing challenges associated with the need for ships trading to Emission Control Areas, in North America and Europe, to switch to low sulphur fuel, and the serious implementation problems that will be created by the eventual entry into force of the IMO Ballast Water Management (BWM) Convention, were a hot topic at the last week’s […]

  • In focus: The hard truths and wake-up calls in the global energy transition

    13 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Green Marine, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    As the world races towards a net-zero emissions future by 2050, it’s imperative to acknowledge some hard truths and heed the wake-up calls emerging from the latest reports and analyses. The energy transition journey is undoubtedly complex, laden with challenges and unearthing difficult realities as it progresses against the backdrop of today’s tumultuous geopolitical landscape. […]

  • Premier expands in UK North Sea through BP and Dana deals

    7 January 2020
    Business & Finance

    Premier Oil has made agreements for acquisitions of the Andrew Area and Shearwater assets from BP for $625 million, and an additional 25 percent interest in the Premier-operated Tolmount Area from Dana for $191 million plus contingent payments of up to $55 million.

  • Songa Offshore sells two rigs. Forms JV with Opus Offshore

    25 April 2014
    Business & Finance

    Songa Offshore, a Cyprus-headquartered offshore drilling contractor today announced it has sold two of its drilling units and entered a joint venture agreement to form another drilling company. “I am very pleased to announce that we have sold our two South East Asia drilling Units, Songa Mercur and Songa Venus, and established a JV with Opus Offshore Group […]

  • Wartsila Clinches LNG Propulsion Order for New OSV, USA

    7 December 2012
    Equipment, Project & Tenders

    Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded another contract to supply a complete liquefied natural gas (LNG) package, including the propulsion, auxiliaries and controls, for a new offshore support vessel designed by STX Marine. The ship has been ordered by Harvey Gulf International Marine as a part of the company’s […]

  • SeaBird in urgent need of capital boost as black turns to red

    18 August 2017
    Business & Finance

    Norwegian marine seismic data provider SeaBird Exploration sank from a profit to a loss during the second quarter of the year amid weak seismic market demand. SeaBird is in urgent need of capital, otherwise it might be facing liquidation. During what the company says was a challenging quarter, SeaBird recorded a loss of $11 million compared to […]

  • Update: Equinor shutting down crude oil port after two ships collide

    8 November 2018

    Equinor is shutting down operations at Sture terminal, its tanker port for crude oil in Øygarden, Norway, following a collision between the frigate Helge Ingstad and the tanker TS Sola.

  • Prysmian, Nexans, and Fulgor to submit final offers in submarine power cable battle for Greek interconnectors

    17 October 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Prysmian, Nexans, and Fulgor are being invited to provide their final offers for the tender process for submarine alternating current (AC) cables destined for Aegean Islands interconnectors.

  • Vitol Issues 2010 Group Report (The Netherlands)

    22 February 2011

      Vitol Group published its Group report for the period ended 31 December 2010. Total traded volumes for the Group in 2010 rose 25% to around 394 million metric tonnes (mts) from 316 million mts in 2009, helped particularly by higher crude oil, electricity and natural gas volumes. Revenues for 2010 totalled $195 billion, up […]

  • 100,400 dwt bulker Oldendorff Chinook debuts Norsepower rotor sails

    21 November 2024
    Collaboration, Vessels

    Three Norsepower rotor sails (NPRS) have been installed onboard the 100,400 dwt Post Panamax bulk carrier Chinook Oldendorff, marking the ‘first stage’ in the collaboration between Germany’s Oldendorff Carriers and Finland’s Norsepower Oy to “advance” wind-assisted propulsion in shipping. As disclosed, in a joint operation coordinated between Norsepower engineers and the China State Shipbuilding Corporation’s […]

  • ExxonMobil’s low-carbon business gets new boss as current one steps down

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

    ExxonMobil’s president of Low Carbon Solutions will be stepping down at the end of April and the company has revealed his replacement.

  • Lebanon approves 2nd offshore licensing round

    8 April 2019

    Lebanon has approved the launch of the second offshore licensing round and has invited companies to submit bids for the available acreage.

  • Yara Birkeland, world’s 1st zero-emission containership, completes maiden voyage

    19 November 2021
    Business Developments & Projects, Environment, Infrastructure, Innovation, Outlook & Strategy, Transition, Vessels

    The world’s first electric and self-propelled containership – Yara Birkeland – has completed its maiden voyage in the Oslo fjord, the ship’s owner, Norway-based Yara International, revealed.

  • Offshore oil output to plunge as producers scrap field upgrades

    13 October 2015

    Global offshore oil production in ageing fields will fall by 10 percent next year as producers abandon field upgrades at the fastest rate in 30 years, in the first clear sign of output cuts outside the U.S. shale industry, exclusive data shows.

  • USA: Noble Energy Announces 2Q Net Income of USD 294 Million, on Revenues of 954 Million

    28 July 2011

      Noble Energy, Inc. reported today second quarter 2011 net income of $294 million, or $1.61 per share diluted, on revenues of $954 million. The Company’s second quarter 2010 net income was $204 million, or $1.10 per share diluted, on revenues of $751 million. Net income for the second quarter 2011 includes unrealized commodity derivative […]

  • USA: Noble Energy Announces 2Q Net Income of USD 294 Million, on Revenues of 954 Million

    29 July 2011
    Business & Finance

    Noble Energy, Inc. reported today second quarter 2011 net income of $294 million, or $1.61 per share diluted, on revenues of $954 million. The Company’s second quarter 2010 net income was $204 million, or $1.10 per share diluted, on revenues of $751 million. Net income for the second quarter 2011 includes unrealized commodity derivative gains, […]

  • Finland: Wartsila to Supply Integrated Gas Propulsion System for New OSV

    7 December 2012

    Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded another contract to supply a complete liquefied natural gas (LNG) package, including the propulsion, auxiliaries and controls, for a new offshore support vessel designed by STX Marine, Inc. The ship has been ordered by Harvey Gulf International Marine as a part of the […]