1959 results found for 'cygnus'

1959 results found for 'cygnus'
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  • World’s recoverable oil resources take a hit, Rystad says

    15 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.

  • BP remains ambitious on gas in Egypt, despite weak oil prices

    19 January 2016

    Britain’s BP Plc aims to double natural gas production in Egypt in the next four years despite weak oil prices as Egypt’s burgeoning energy market offers hope for its battered economy.

  • Canada’s Brookfield buys majority stake in Teekay Offshore

    27 July 2017
    Business & Finance

    Brookfield Business Partners, together with its institutional partners, has entered into an agreement to acquire 60 percent of Teekay Offshore Partners, a provider of marine services and solutions to the offshore oil industry. Brookfield Business Partners describes itself as a business services and industrial company focused on owning and operating high-quality businesses within Brookfield’s private […]

  • Noble shareholders voice concerns over Maersk merger plans despite ‘appealing optics’

    10 November 2021
    Business & Finance, Business Developments & Projects, Rules & Regulation

    Following an announcement that Maersk Drilling and Noble Corporation are merging, certain shareholders have voiced their concerns.

  • India: Cochin Shipyard Launches Three Vessels

    10 January 2013

    Cochin Shipyard Limited (CSL) launched the first Fast Patrol Vessel (FPV) being built for the Indian Coast Guard (ICG) on 09th January 2013. The vessel bearing the yard Hull No. BY 501 was launched by Smt. Jayasree Muralidharan, in the presence of Vice Admiral M P Muralidharan, AVSM, NM, Director General, Indian Coast Guard. Commodore […]

  • GLDD Reports Second Quarter Results

    4 August 2015
    Business & Finance

    Great Lakes Dredge & Dock Corporation today reported financial results for the quarter ended June 30, 2015. For the quarter ended June 30, 2015, Great Lakes reported revenue of $238.9 million, net income of $2.7 million, and adjusted EBITDA of $33.4 million. During the second quarter, Great Lakes won $121 million, or 60%, of the […]

  • Equinor buys its way into project envisaged as ‘premier regional carbon storage hub’ in US

    29 August 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Transition

    Equinor has gotten its hands on a stake in a carbon capture and sequestration (CCS) project located along the Texas Gulf Coast.

  • International Marine Energy Experts Head for Orkney, UK

    10 October 2013

    Final preparations are underway for a major international ocean energy conference, set to take place in Orkney next week. The two-day Global Ocean Energy symposium – part of a programme of events aimed at celebrating the tenth anniversary of the Orkney based European Marine Energy Centre (EMEC) – will see wave and tidal power experts […]

  • LNG Blue Corridors: the Right Solution for a More Economical Long Distance Road Transport in Europe

    10 January 2011

    In the revision of the trans-European energy network policy (TEN-E) the European Commission highlights the importance of Liquefied Natural Gas (LNG) terminals to cover Europe’s future increasing demand for natural gas. This estimation coincides with NGVA Europe’s focus to promote a European NG/biomethane supply chain for long distance road transport via LNG Blue Corridors, the […]

  • Dynamic Offshore Drilling Orders Jackup Rig from Keppel, Singapore

    23 May 2011
    Business & Finance

      Keppel FELS Limited (Keppel FELS) has secured a contract with Vision Drilling Pte Ltd (Vision Drilling), a wholly-owned subsidiary of Dynamic Offshore Drilling Limited (Dynamic Offshore Drilling), to build its first KFELS B Class jackup drilling rig for US$180 million. Slated for delivery in 1Q2013, the rig will be able to operate in water […]

  • Best of Videos

    26 December 2014
    Equipment, Operations & Maintenance

    Subsea World News brings you an interesting collection of the most viewed videos for this year. Maersk Oil ‘Dan Bravo’ Deep Dive Dan Bravo Rationalisation, a challenging three-year project that has reached its midway point, is an example of the complex subsurface and diving work regularly carried out by Maersk Oil’s Danish Business Unit. The […]

  • TotalEnergies’ profit soars on high gas prices

    27 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter of 2022 on a year-on-year basis.

  • UK: Trelleborg Marine Systems Support Grain LNG in Accommodating Large Vessels

    14 May 2012

    As vessel sizes steadily increase, so too do the pressures exerted on port infrastructure. However, a recent report indicates that many commercial ports don’t have adequate infrastructure in place to manage the increase in vessel sizes coming through their terminals. Richard Hepworth, Managing director of Trelleborg Marine Systems, said: “Vessel sizes have been on the […]

  • New gas discovery for Energean off Israel

    9 May 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Vision

    Energean has made a commercial gas discovery in Block 12 offshore Israel, bolstering its beliefs in the potential of the Olympus Area.

  • UK: Trelleborg Marine Systems Support Grain LNG in Accommodating Large Vessels

    14 May 2012
    Business & Finance

    As vessel sizes steadily increase, so too do the pressures exerted on port infrastructure. However, a recent report indicates that many commercial ports don’t have adequate infrastructure in place to manage the increase in vessel sizes coming through their terminals. Richard Hepworth, Managing director of Trelleborg Marine Systems, said: “Vessel sizes have been on the […]

  • Repsol pressing ahead with Yme redevelopment

    16 November 2017
    Exploration & Production

    Spanish oil company Repsol is set to resume work on the Yme field in the North Sea offshore Norway, after years of delays at the project. The company has hired a drilling rig/production platform, and has ordered caisson support structure for the Yme New Development project. Danish driller Maersk Drilling on Thursday said it has […]

  • Greek Shipping Will Not Be Impacted by Election Results, UGS Chair Says

    11 June 2012

    The policies and strategy of Greek shipping will not be impacted by the outcome of the upcoming elections and, in spite of the challenges facing the country, the sector’s prospects are secure and commitment to Greece a given, said Theodore Veniamis, Chairman of the Union of Greek Shipowners, during the traditional UGS press conference of […]

  • International Marine Energy Experts Head for Orkney, UK

    10 October 2013
    Business & Finance

    Final preparations are underway for a major international ocean energy conference, set to take place in Orkney next week. The two-day Global Ocean Energy symposium – part of a programme of events aimed at celebrating the tenth anniversary of the Orkney based European Marine Energy Centre (EMEC) – will see wave and tidal power experts […]

  • Cowes Week: Day 6 round up

    8 August 2008

    Sparkling sun, glistening seas and a decent breeze. The sixth day of Skandia Cowes Week showcased the best champagne sailing conditions, helping along the celebration of women in sailing on Liz Earle Ladies Day. Charles Dunstone and his crew on the TP52 Rio were in blistering form to win the New York YC Challenge Cup, […]

  • World Steel Demand Expected to Grow

    12 April 2013

    The World Steel Association (worldsteel) released on April 11 its Short Range Outlook (SRO) for 2013 and 2014. worldsteel forecasts that global apparent steel use will increase by 2.9% to 1,454 Mt in 2013, following growth of 1.2% in 2012. In 2014, it is forecast that world steel demand will grow further by 3.2% and […]

  • Bergen Group disposes of Hanøytangen yard after all

    19 May 2015
    Business & Finance, Exploration & Production

    Bergen Group has now come to an agreement with Semco Maritime AS for sale of the rig service activity, and with Hellik Teigen AS and Hellik Teigen Eiendom AS for sale of the real estate at Hanøytangen. The parties have agreed to uphold the sales price of NOK 245 million ($32.8 million), as set out […]

  • Singapore: Dynamic Offshore Drilling Orders Jackup Rig from Keppel

    23 May 2011
    Business & Finance

    Keppel FELS Limited (Keppel FELS) has secured a contract with Vision Drilling Pte Ltd (Vision Drilling), a wholly-owned subsidiary of Dynamic Offshore Drilling Limited (Dynamic Offshore Drilling), to build its first KFELS B Class jackup drilling rig for US$180 million. Slated for delivery in 1Q2013, the rig will be able to operate in water depths […]

  • GLDD Posts Third Quarter Results

    5 November 2014
    Business & Finance

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today reported financial results for the quarter ended September 30, 2014. Chief Executive Officer Jonathan Berger stated: “Recently, we were low bidder on a record volume of bids, commenced construction […]

  • Set on diversifying energy sources’ geographic mix, Eni joins peers in posting bumper profits in 2022

    23 February 2023
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.

  • BP to Extract More Oil with New Technology (UK)

    6 September 2012
    Business & Finance, Equipment

    BP and its coventurers are deploying for the first time a new technology that could significantly increase the amount of oil that can be recovered from the UK’s largest hydrocarbon resource. The Clair Ridge development, west of Shetland, UK, is the first sanctioned large-scale offshore enhanced oil recovery (EOR) scheme using reduced salinity water injection […]