1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • Bahrain: GOP Announces Fund for Supporting Maritime Education

    28 September 2011
    Business & Finance

      A fund for promoting and supporting maritime education and training through scholarships to Bahraini students has been announced by the General Organisation of Sea Ports (GOP) as the second annual Bahrain Maritime Festival (BMF) kicked off. The proposal for establishing the Bahrain Maritime Education Fund was given the green light by GOP’s Board of […]

  • Sharp fall in gas prices brings Eni slump in profit

    24 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    With natural gas prices being nearly cut in half, Italy’s energy giant Eni has seen a 46% drop in net profit in the first quarter of 2024 compared to the sum collected in the same period last year.

  • Subsea interconnectors as protagonists of offshore renewable grid story

    29 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    Subsea interconnectors open new opportunities for sharing the access and use of renewable energy between countries while upping the decarbonization ante and strengthening the security of electricity supply.

  • Woodside Terminates Leviathan MoU, Israel

    22 May 2014
    Business & Finance

    Woodside has advised the participants in the Leviathan Joint Venture that it has elected to terminate the memorandum of understanding agreed by the parties in February 2014. Negotiations between the parties failed to reach a commercially acceptable outcome that would have allowed fully-termed agreements to be executed. Woodside had been in discussions with Noble Energy […]

  • Dip in gas prices takes its toll on profit but multi-energy recipe still comes through for TotalEnergies

    26 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    TotalEnergies has set its cap on pursuing a balancing act between hydrocarbons and low-carbon and green sources of supply, which cushioned the fall in profit due to the downward trend in gas prices.

  • Country outlook Denmark

    26 March 2020
    Authorities & Government, Market Outlooks

    With WindEurope 2019 set for Kopenhagen, we take a look at the current offshore wind farm status in Denmark. In january of this year, we reported that the Government of Denmark had signed a Memorandum of Understanding with wind industry majors with the aim of strengthening and continuing the strong collaboration between the global wind […]

  • Impact of Saudi oil attack on crude flows will depend on duration of outage, Rystad says

    16 September 2019

    Oil prices on Monday saw the biggest surge since 1991 following a drone attack on the state-owned Saudi Aramco’s oil processing facility in Saudi Arabia, according to Reuters.

  • Deep Sea Supply Takes Delivery of its New AHTS Vessel from India

    14 December 2011
    Business & Finance

    Deep Sea Supply today announced that it has taken delivery of the newbuilding AHTS vessel “Sea Stoat” from ABG Shipyard, India. “Sea Stoat” is the 9th AHTS vessel delivered from ABG and concludes the series of newbuilding AHTS vessels from ABG to Deep Sea Supply. The Deep Sea Supply fleet now consists of 15 AHTS […]

  • Songa Offshore Appoints New CFO

    4 November 2013
    Business & Finance

    Songa Offshore SE has today received the resignation of the company’s Chief Financial Officer, Geir Karlsen. He will, until the end of 2013, remain at the Company’s disposal as Executive Vice President. Executive Vice President Jan Rune Steinsland has been appointed as new Chief Financial Officer as from today. “Since joining Songa in April of […]

  • Songa Offshore Names New COO

    14 October 2013
    Business & Finance

    Songa Offshore SE strengthens its Management Team with the Appointment of Mark Bessell to the position of COO. Bessell will report to CEO Bjornar Iversen and will start in his new position 21st October 2013. “I have been working closely with the Board of Directors to create what we believe to be the strongest and […]

  • InterManager President Highlights ‘Interesting Times’ in His New Year Message

    23 December 2013
    Business & Finance

    The shipping industry has shown great resilience in battling through the recent economic downturn, according to InterManager President Gerardo Borromeo. But he urged caution following a recent jump in new build tanker orders, stating: “We live in interesting and challenging times”. In his New Year message to InterManager members, Mr Borromeo said: “As we have […]

  • USA: DWTS VSAT Helps “Wheeler” Stay Connected

    19 September 2012
    Business & Finance, Equipment, Technology

    When it comes to communications on a ship, the ideal situation for crew members is when their shipboard communications, such as e-mail, the Internet, telephone and other applications, work much the way they do in their offices on land. This is an area that Product Manager, Defense Wide Transmission Systems, or PdM DWTS, part of […]

  • South Korea: SHI to Build Another Drillship for Ocean Rig

    15 October 2012
    Business & Finance

    Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced today that it has signed a contract to construct a 7th Generation Ultra Deepwater Drillship at Samsung Heavy Industries. This 7th Generation drillship is a sister ship to the three currently under construction at Samsung, and is scheduled to be delivered to […]

  • Prosafe Secures Contract for Safe Caledonia Rig, Offshore UK

    8 July 2011
    Business & Finance

    Prosafe has been awarded a contract by BG International Limited for the provision of the Safe Caledonia accommodation rig for the North Everest project in the North Sea. This project will commence immediately after the completion of the BG Armada project with the rig thereafter being on hire to BG International Limited until 17th March […]

  • SeaBird 3Q Revenues Up 14 Pct

    31 October 2013
    Business & Finance

    SeaBird Exploration Plc, a global provider of marine 2D/3D/4D seismic data, and associated products and services to the oil and gas industry, reported its revenues for the quarter were $51.9 million, an increase of 14% compared to the comparable period in 2012 and up 29% relative to Q2 2013. Contract revenues for the period were […]

  • Norway: SeaBird Appoints New CEO

    6 February 2012
    Business & Finance

    SeaBird Exploration, a global provider of marine 2D and 3D seismic data, and associated products and services to the oil and gas industry today announced that Mr Dag Reynolds has been appointed as new Chief Executive Officer of SeaBird. Mr Reynolds will assume the position with the Company with effect no later than 1 May. The […]

  • Ocean Rig CEO: ‘Outlook for the UDW Drilling Industry is Very Positive’

    23 May 2013
    Business & Finance

    Ocean Rig UDW Inc., an international contractor of offshore deepwater drilling services, announced its unaudited financial and operating results for the first quarter ended March 31, 2013. The Company reported a net income of $6.4 million, or $O.05 basic and diluted earnings per share. Also, the Company reported Adjusted EBITDA of $104.7 million for the […]

  • Deep Sea Supply Cautiously Optimistic. Sees Opportunities in W. Africa and Asia

    15 May 2013
    Business & Finance

    Deep Sea Supply reports consolidated revenues of MUSD 38.7 in 1Q 2013 compared to MUSD 21.4 in 1Q 2012. Total operating expenses in 1Q 2013 were MUSD 23.3 compared to MUSD 17.7 in 1Q 2012. This resulted in EBITDA of MUSD 16.7 in 1Q 2013, compared to MUSD 4.9 in 1Q 2012. Following financial expenses […]

  • Eni’s profit cut nearly in half but progress made on enlarging natural gas portion of global portfolio

    28 July 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    Eni has revealed solid performance in 2Q and 1H 2023, despite its results being affected by a steep drop in oil and gas prices.

  • Exhibitors from 21 Countries at Inaugural Oceanology International China

    13 August 2013
    Business & Finance

    Nearly 190 exhibiting companies from 21 countries – Australia, Austria, Belgium, Canada, China, Cyprus, Denmark, Estonia, France, Germany, Iran, Italy, Japan, The Netherlands, New Zealand, Norway, Russia, Singapore, South Korea, UK, and USA – will be gathering in Shanghai on 3-5 September 2013 for the inaugural Oceanology International 2013 exhibition and conference being staged at […]

  • Prosafe Receives LOIA from Talisman Energy for MSV Regalia Rig (UK)

    8 March 2011
    Business & Finance

      Prosafe has been awarded a Letter of Interim Agreement (“LOIA”) by Talisman Energy (UK) Limited for the provision of the MSV Regalia accommodation support rig at the Auk South Redevelopment Project in the British sector of the North Sea. The firm period of the contract linked to the LOIA is six (6) months with […]

  • Brazil: Petrobras Sends Letter of Intent for Safe Concordia Accommodation Rig

    20 October 2010
    Business & Finance

    Prosafe has been awarded a Letter of Intent (LoI) by Petróleo Brasileiro S.A. (Petrobras) for the provision of the Safe Concordia semi-submersible rig for safety and maintenance support offshore Brazil. The firm period of the contract linked to the LoI is three years and the total contract value is about USD 157 million. Operations are […]

  • 2022: a banner year for TotalEnergies’profit with LNG as a trump card for further growth

    8 February 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    After boosting its annual profits in 2022, TotalEnergies plans to strengthen its position in Europe by pursuing further LNG growth.

  • Norway: Songa Offshore Provides Rig Fleet Update for July

    9 August 2010
    Business & Finance

    Songa Venus achieved operating efficiency of 96% during the month, the rig continued its work on the first out of 3 firm wells for Shell Development (Australia). Shell confirmed and exercised first out of 3 optional wells, this well has further been assigned to MEO Australia Limited. Songa Mercur achieved operating efficiency of 98% during […]

  • SeaBird Exploration PLC 3Q 2010 Vessel Utilization Report

    8 October 2010
    Business & Finance, Project & Tenders

    Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q3 2010 was 66%, down from 76% in Q1 and Q2 2010. The […]