10000 results found for 'elgin'

10000 results found for 'elgin'
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  • BG’s 4Q Earnings Drop 29 Pct. 2013 Capex Set at $12 Billion

    5 February 2013

    BG Group, a UK-based oil and gas company, today announced that its full year 2012 earnings rose 3% to $4.4 billion. The company’s 4Q 2012 earnings dropped 29% to $1 billion The recently appointed, BG Group’s Chief Executive, Chris Finlayson said, “Earnings in the fourth quarter were down 29% to $1.0 billion, primarily as a […]

  • Wave and tidal energy to reach $1.85B by 2032, commercial deployment by 2031, report finds

    18 December 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Research & Development, Rules & Regulation, Technology, Transition, Vision

    The wave and tidal energy market is projected to grow to $1.85 billion by 2032, with ocean-based renewable power expected to move beyond pilot installations and enter early commercial deployment by 2031, according to a report by market research firm DataM Intelligence. The global wave and tidal energy market reached $983.11 million in 2024 and will […]

  • Seawork 1 jack-up repaired in Namibia

    16 April 2014

    Ship repair company Elgin Brown & Hamer (EBH) Namibia recently secured the contract to dock and repair the jack-up oil rig, Seawork 1 at the newly-acquired Panamax floating dock in Walvis Bay. The project entailed the rig being lifted clear out of the water to facilitate repair work – a first for EBH Namibia. The […]

  • UK: TAG Recruits First Apprentice at Offshore Wind Turbine Monopile Factory

    18 May 2012
    Human Capital

    TAG Energy Solutions has recruited its first apprentices since the completion of its multi-million pound offshore wind turbine monopile production facility. Carl Armstrong, 21, from Stockton-on-Tees, has joined the workforce as an Apprentice Welder and will work alongside TAG Energy Solutions 75 strong workforce of experienced engineers and welding professionals. He is working towards an Advanced […]

  • PHOTO: Borr Drilling’s Prospector 5 rig on the move

    9 July 2018
    Exploration & Production

    Borr Drilling’s Prospector 5 jack-up drilling rig seems ready to leave Schiedam, The Netherlands, where it’s been sitting for months.

  • UK: TAG Recruits First Apprentice at Offshore Wind Turbine Monopile Factory

    18 May 2012
    Human Capital

    TAG Energy Solutions has recruited its first apprentices since the completion of its multi-million pound offshore wind turbine monopile production facility. Carl Armstrong, 21, from Stockton-on-Tees, has joined the workforce as an Apprentice Welder and will work alongside TAG Energy Solutions 75 strong workforce of experienced engineers and welding professionals. He is working towards an Advanced […]

  • Workers set to strike on Total’s oil and gas offshore platforms

    6 July 2018

    UK’s offshore worker’s union Unite has said that a series of strike actions on the North Sea oil and gas platforms operated by Total E&P will happen within the next month.

  • Total hits pay in UK North Sea well

    17 March 2020
    Exploration & Production

    Total has discovered hydrocarbons in the Upper Jurassic and Triassic sandstone reservoirs of its Isabella exploration well in Block 30/12d in the UK Central North Sea. 

  • UK: Saipem Awards Monopile Foundation Contract to TAG Energy Solutions

    9 January 2012
    Business & Finance, Equipment, Project & Tenders

    TAG Energy Solutions has been awarded a significant new contract to deliver four foundation piles for international marine construction company Saipem. The piles will be utilised to support a jacket construction in the North Sea operated by Total in the Elgin B oil & gas field. The contract was secured by TAG Energy Solutions through […]

  • Chrysaor takes $1.5B loan to pay for Shell’s North Sea assets

    13 April 2017

    London-based independent oil & gas company Chrysaor Holdings has secured a $1.5 billion loan facility, which will be used to finance the previously announced deal to buy a package of Shell’s UK North Sea assets for a price of $3 billion.   Chrysaor said on Thursday it has completed the syndication of its Reserves Based […]

  • UK’s Chrysaor gets nod for Grevling stake buy

    29 October 2018
    Exploration & Production

    Norway’s Ministry of Petroleum and Energy has approved Chrysaor’s acquisition of a stake in the Grevling discovery offshore Norway.

  • Total awards North Sea supply deal to 80:20

    24 May 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    A unit of international logistics company Peterson has won a contract from French oil major Total for the supply of general consumables and ad-hoc material supply.

  • It’s official. Premier Oil set to buy E.ON’s UK North Sea fields for $120 million

    13 January 2016

    After several reports earlier on Wednesday claimed that the British independent oil company Premier Oil was in talks to acquire a rival company, with Premier Oil’s shares suspended pending an announcement, the announcement is finally here. What Reuters hinted earlier today, citing sources close to the matter, Premier Oil has now confirmed. In a statement […]

  • UK: Section of HMS Queen Elizabeth Arrives at Babcock’s Rosyth Yard

    23 August 2011

    Making its way gingerly up the Forth, this is the largest section of HMS Queen Elizabeth yet completed. Looming in the distance, the imposing blue outline of the Goliath crane which will help to piece the 65,000-tonne carrier together in the specially-altered dry dock at the Babcock’s Rosyth yard. This 8,000-tonne segment – Lower Block […]

  • Chrysaor to use visualisation software on newly-bought North Sea assets

    7 November 2017
    Equipment

    Aberdeen-based Return To Scene Limited will supply London-based independent oil & gas company Chrysaor with its R2S visualization software.

  • Duo pooling resources to breathe life into Europe’s largest clean ammonia project

    17 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    Proton Ventures, a Dutch player in the clean ammonia arena, has established a new development company with Norway’s independent clean energy company Barents Blue, previously a subsidiary of Horisont Energi, to bring to life a clean ammonia project, said to be Europe’s largest clean ammonia production plant, located in Finnmark, Northern Norway.

  • Rise in costs to $1.98 billion among factors impacting Equinor’s low-emission gas project

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected to start in 2029, one year after the original plan.

  • ‘Prospector 5’ rig arrives in Cromarty Firth

    21 August 2014

    A giant heavy-lift and transportation ship has arrived in the Cromarty Firth, Scotland, carrying the jack-up drilling rig Prospector 5.

  • UK: Tideland Signal to Supply LED Lights for West Franklin

    16 November 2011
    Business & Finance, Equipment

    Tideland Signal will supply Saipem with Syncrolan LED light stations and fog signals as temporary marks for the jacket that it is currently fabricating for Total E&P UK’s West Franklin phase two project in the North Sea. To warn nearby shipping, the new wellhead platform will be marked by a Tideland Syncrolan LED light station […]

  • Ten big consolidation moves across rig, oil & gas, and shipping spheres

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    As the global consolidation momentum builds against the backdrop of ever-changing and challenging geopolitical conditions and energy realms, many companies engaged in the offshore drilling, subsea, hydrocarbon exploration and production (E&P), and maritime arenas are working to strengthen their place in the offshore industry’s pyramid. Offshore Energy has curated a list of ten developments that encompass some of the most interesting market consolidation plays that occurred in 2025.

  • CNOOC makes new discovery in UK North Sea

    29 January 2019
    Exploration & Production

    CNOOC Limited has made a new discovery on the Glengorm prospect, located in offshore UK Central North Sea.

  • Ithaca wraps $2B buy of Chevron’s North Sea fields

    11 November 2019
    Exploration & Production, Infrastructure

    Ithaca has acquired interests in the Captain, Alba, Erskine, Alder, Britannia, Brodger, Callanish, Enochdhu, Elgin/Franklin and Jade fields.

  • Sea Lion’s roar unlocks the funding vault: Falkland Islands’ $2.1B oil project stands at development threshold

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    With the final investment decision (FID) out of the way, a financial close is now in place for a giant oil project in the North Falkland Basin (NFB), which will require a $1.8 billion investment to pave the way to first oil and $2.1 billion to project completion.

  • Total’s North Sea platforms might be forced to stop production as workers’ strike looms

    29 June 2018

    Offshore workers employed by Total in the UK are threatening with an industrial action which might lead to a halt of production at Total’s three UK North Sea platforms.

  • Higher oil prices, cost cuts hike Total’s profit

    8 February 2018
    Equipment

    French supermajor Total reported a hike in its quarterly profit, boosted by higher oil prices, increased production and lower operating costs.