10000 results found for 'fire'

10000 results found for 'fire'
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  • BP Fails to Reduce Maximum Deepwater Horizon Fine

    20 February 2015
    Business & Finance

    The New Orleans District Judge Carl Barbier has ruled against BP’s appeal to lower the USD 13.7 billion maximum civil fine the company might pay for its involvement in the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, according to Reuters. Back in September, Judge Barbieri found BP guilty of gross negligence and willful […]

  • Coal & Oil enters into shipping contract with Korean firm

    4 May 2010

    The $600 mn Coal and Oil has entered into a long-term shipping agreement with $5 billion Korean company STX Pan Ocean to carry coal for Coastal Energen. The ten-year-contract will commence from 2012 and STX Pan Ocean is in the process of placing new building ship orders for three to four geared ‘kamsarmax’ bulkers (82000 […]

  • Klaveness to Pay $5 Mln Fine in ‘Cabu’ Case

    16 May 2014
    Business & Finance

    Cabu Chartering AS, a company indirectly owned by Torvald Klaveness, yesterday accepted a $5 million fine from the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (OKOKRIM), linked to commission payments to a broker during the period from July 2003 to March 2004. “The fine is related to matters that are […]

  • Parkmead Awarded Five Blocks in Southern North Sea

    4 December 2013

    Parkmead been provisionally awarded five additional UK blocks, through two new licences, in the second tranche of awards under the UKCS 27th Licensing Round, the results of which have been announced by the Energy Minister. This newly awarded territory is all operated by Parkmead and is situated in the UK Southern North Sea.   This award […]

  • 7 Oil Firms Buy NPD’s Seismic Data

    1 July 2013

    As at 28 June, seven oil companies have purchased the Norwegian Petroleum Directorate’s (NPD’s) seismic package from the southeastern part of the Barents Sea and the ocean areas off Jan Mayen. The seven companies are Chevron Norge AS, Idemitsu Petroleum Norge AS, Det norske oljeselskap ASA, AS Norske Shell, Total E&P Norge AS, Lundin Norway […]

  • Shell hires Fugro for seabed survey off Kenya

    21 February 2017
    Business & Finance

    Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons. The seeps survey complements a seismic exploration program that was completed recently offshore Kenya, Fugro said on Tuesday. Undertaking a four-week campaign of multibeam data acquisition and precise sampling, Fugro will mobilize its […]

  • IPB hires Stena Clyde semi for Prydery drilling

    25 June 2014
    Business & Finance

    IPB Petroleum has announced that WA-424-P Joint Venture (IPB 75%, CalEnergy 25%, and Operator) has secured the Stena Clyde semi-submersible drill rig for its upcoming Pryderi-1 exploration well in the Browse Basin, located north of Broome, offshore Western Australia. Based on contracted terms and the current rig schedule, IPB Petroleum estimates that the Pryderi-1 well will spud during October 2014. With the […]

  • Kosmos hires Maersk drillship for Equatorial Guinea well

    16 August 2019
    Business & Finance, Exploration & Production

    A Maersk Drilling-owned drillship has been hired by Kosmos Energy to drill an exploration well offshore Equatorial Guinea.

  • Three Russian energy firms hit by new sanctions

    12 September 2014
    Equipment

    It is official. The new package of sanctions by the EU against Russia has taken effect today, after the legal acts were published in the EU Official Journal on Friday. As previously reported, apart from the companies which are part of Russia’s defense sector, companies established in Russia whose main activities relate to the sale or transportation […]

  • Bombora hires survey hand for mWave deployment site

    15 August 2022
    Business Developments & Projects, Collaboration, Equipment, Operations & Maintenance, Outlook & Strategy, Technology

    Bombora Wave Power has awarded a contract for pre-installation surveys at East Pickard Bay for its mWave wave energy device demonstration.

  • UK firm ‘disappointed’ as merger plans come to naught

    10 August 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    Kistos has made up its mind not to make a firm offer for Serica Energy, as it was unable to iron out the details for a proposed combination.

  • Italian firm to build platform for gas project in Argentina

    28 September 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Rosetti Marino has been awarded a contract by TotalEnergies for the construction of the Fenix project platform, which will be installed off Argentina.

  • PXGEO finalizes five-month gig in North Sea

    17 October 2022
    Business Developments & Projects, Project & Tenders

    Marine geophysical service provider PXGEO has completed a five-month ocean bottom node (OBN) project in the North Sea. “Operating in a high production simultaneous triple ROV mode, the project was successfully executed around subsea and surface infrastructure with industry-leading safety, environmental, and operational performance,” PXGEO stated. The company has not revealed any other information about the […]

  • Hess hires Velesto rig for Malaysian gas project

    7 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Hess has picked Malaysia’s rig owner Velesto Energy to carry out the drilling work on a project located offshore Peninsular Malaysia.

  • Maersk 1st shipping firm to join the Climate Pledge

    15 March 2022
    Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Transition

    Danish shipping and logistics giant Maersk has joined The Climate Pledge, a cross-sector community of companies and organizations that have committed to decarbonizing their businesses.

  • Canadian firm brings hydrokinetic energy tech to Guyana

    22 April 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Research & Development

    Canada’s Instream Energy Systems (IES) has signed a Memorandum of Understanding (MoU) with not-for-profit organisation Iwokrama International Centre for the development of hydrokinetic energy in Guyana. As part of the collaboration, Iwokrama is keen to develop and implement joint green energy initiatives and models to support itself and local riverain communities and scale up to […]

  • Norwegian firms partner up for new subsea technology

    12 January 2022
    Business & Finance, Business Developments & Projects, Innovation, Technology

    Norway’s IK-Group and Nautilus Subsea have signed a memorandum of understanding (MoU) to together deliver new subsea technology to the industry. End-user benefits will include accelerated project execution which will deliver cost-saving through reduced offshore campaigns and vessel time, IK-Group stated, adding that future maintenance and life of field management brings added benefit.  “We are excited […]

  • Top five offshore wind Premium articles in 2021

    3 January 2022
    Business Developments & Projects, Project & Tenders

    Throughout the last year, our Premium articles have seen significant interest from our readers. Here, we are bringing the top five offshore wind articles from our Premium section in 2021.

  • Glenfarne gets five-year extension for Magnolia LNG

    9 October 2020
    Business Developments & Projects, Project & Tenders

    Glenfarne Group said that its recently acquired Magnolia LNG project in Lake Charles, Louisiana has received a five-year permit extension from the Federal Energy Regulatory Commission (FERC).

  • Solstad vessel wins five-year job in Australia

    1 October 2020
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Solstad Offshore has been awarded a long-term contract for its platform supply vessel with “a major international company” in Australia.

  • Aker Solutions firms up Breidablikk subsea award

    28 September 2020
    Business & Finance, Equipment

    Aker Solutions has secured a subsea production system contract from Equinor for the Breidablikk development in the North Sea. The contract value is about NOK 2.5 billion, including options. It covers the delivery of four subsea templates and up to 23 subsea trees and associated components. Specifically, the deliveries include Aker Solutions’ standard, lightweight vertical […]

  • The Netherlands: BAM Renews Subordinated Loan for Five Years

    1 February 2012

    Royal BAM Group nv announce the closing of a €500 million Senior Revolving Credit Facility (the ‘RCF’) and a €125 million Subordinated Term Loan (the ‘Sub loan’). The RCF was originally launched at €700 million. After the announcement by BAM on 22 December 2011 of the successful disposal of its 21.5% stake in dredging company […]

  • OPT hires contractor for PowerBuoy deployment off Chile

    7 December 2020
    Business Developments & Projects, Operations & Maintenance, Technology

    Ocean Power Technologies (OPT) has hired SeaTrepid International to deploy a turnkey PB3 PowerBuoy and oceanographic monitoring system off the coast of Chile.

  • Swedish government awards eco-bonus to shipping firms

    3 March 2021
    Environment, Ports & Logistics, Transition

    The Swedish government has awarded four shipping companies with an environmental bonus for innovative and sustainable projects. Three of the four projects selected to receive eco-bonus operate services to and from Ports of Stockholm: AB Rederi Gotland won the bonus for changing from road cargo transport to sea transport between Nynäshamn and Rostock, Germany. Wallenius […]

  • Court fines Petrofac over bribes to secure contracts

    5 October 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Rules & Regulation

    Petrofac has been ordered by a UK court to pay a fine of about $105 million in sentencing related to seven historic bribery offences.