5089 results found for 'french guiana'

5089 results found for 'french guiana'
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  • Kenz Cranes’ equipment on ‘West Rigel’

    12 February 2015
    Equipment, Exploration & Production

    West Rigel, a harsh-environment semi-submersible drilling rig, currently under construction in Singapore, will feature two Dutch-designed boom hoist cranes. According to Kenz Cranes, a Dutch company specializing in offshore lifting and hoisting solutions, the two EHC 100/4000 cranes were designed in the Netherlands according to the highest Norwegian standards DNV 2.22/Norsok R002 and EN13852-1. Kenz says that the […]

  • Qatar Petroleum, KPC Pen LNG Supply Deal

    6 January 2020
    Business & Finance

    Kuwait secures the influx of LNG.

  • Merger with UASC Drives Hapag-Lloyd’s Profit Surge

    28 February 2018
    Business & Finance

    Hapag-Lloyd has started to reap fruit from its merger with the United Arab Shipping Company.

  • CNOOC Buys 50% of Bridas Corporation for $3.1 Billion

    10 May 2010
    Business & Finance

    Bridas Corporation, with oil and gas exploration and production operations in Argentina, Bolivia and Chile is now a 50/50 joint venture between China National Offshore Oil Corporation, CNOOC (NYSE:CEO) and BEH, according to a brief relief from the giant Chinese corporation. CNOOC said it signed the deal on March 13 using its internal funding resources. […]

  • Eni Finds Gas Offshore Mozambique

    1 August 2012

    Eni announced a new giant natural gas discovery in the eastern part of Area 4, offshore Mozambique, at the Mamba North East 2 exploration prospect. This is the fifth exploration well successfully drilled in the area. The new discovery adds at least 10 trillion cubic feet (tcf) of gas in place to Area 4, confirming […]

  • Sovcomflot, NYK secure refinancing for LNG pair

    12 September 2019
    Vessels

    Russian shipping giant Sovcomflot and its Japanese partner NYK Line, through their respective units, have secured a $176 million loan to refinance two ice-class LNG carriers servicing the Sakhalin-2 project.

  • Mitsubishi acquires stake in Anadarko exploration block off Ivory Coast

    12 September 2014

    Mitsubishi Corporation (MC) has agreed to acquire a 20% ownership interest in Block CI-103 Hydrocarbon Production Sharing Contract from US-based Anadarko Petroleum Corporation. Block CI-103, which is located off the coast of Côte d’Ivoire, is currently in appraisal. The transfer of the interests will be finalized once the government of Côte d’Ivoire issues the required approvals. […]

  • Repsol’s profit hit by low oil prices

    5 May 2016

    Spanish energy giant Repsol on Thursday informed its first quarter net profit plunged 43 percent to €434 million from €761 million in the corresponding quarter in 2015.

  • Gazprom to boost Asia-Pacific LNG supplies

    16 June 2016

    State-owned Russian energy giant Gazprom said it is aiming to boost LNG supplies to Asia-Pacific as the company is expanding production capacities in eastern Russia. Gazprom operates Russia’s only LNG plant, built within the Sakhalin II project, which currently has an annual production capacity of 9.6 million mt. The agreement to add a third liquefaction train to […]

  • CMA CGM Sees Larger Loss in 2Q, Pushes Delivery of Ships

    5 September 2016
    Business & Finance

    French container shipping company CMA CGM has decided to postpone the delivery of certain vessels until 2017 and reduce its capital expenditure commitment as part of its plan to improve operating performance, which includes a programme to reduce costs by USD 1 billion over the next 18 months. The company said that these plans are structured around the […]

  • TotalEnergies upholds March restart date for Denmark’s largest natural gas field

    28 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies has confirmed the previously set restart date for the Tyra II redevelopment project, which is said to be Denmark’s largest natural gas field.

  • UAE: Jebel Ali Port Modernization Moves Ahead

    30 September 2013
    Business & Finance, Equipment, Technology

    In a major step towards mitigating the environmental impact of its operations, global marine terminal operator DP World has successfully electrified eight diesel powered Rubber Tyred Gantry (RTG) cranes at its flagship Jebel Ali Port. Cavotec handed over the project to DP World recently at a ceremony attended by Mohammed Sharaf, Group Chief Executive Officer, […]

  • Tullow to restart Jubilee production ‘in the next few days’

    28 April 2016

    Following an issue with the turret bearing on the Jubilee field FPSO, offshore Ghana, the oil exploration and production company Tullow Oil said on Thursday that off-take and production from the field will resume in the next few days.  A technical investigation of the Jubilee field FPSO Kwame Nkrumah turret bearing has confirmed that it is no […]

  • EU-Africa Summit an Opportunity to Highlight Piracy

    2 April 2014
    Business & Finance

    The social partners of the maritime transport sector, ECSA (European Community Shipowners’ Associations) and ETF (European Transport Workers’ Federation), have issued a joint statement ahead of the EU-Africa summit, which takes place in Brussels from 02 to 03 April. ECSA and ETF seize this opportunity to highlight one of the major issues in the EU-Africa […]

  • API introduces new practices for offshore structures

    12 November 2014

    API introduced five new recommended practices for offshore structures used in oil and gas drilling and production operations.

  • Medco Energi Expands PNG Operations

    10 February 2014

    PT Medco Energi Internasional, through its subsidiary Medco Asia Pacific, has completed a Sale and Purchase Agreement with Moonbi Enterprises to acquire ninety percent shares in Moonbi Energy Limited , a subsidiary of Moonbi Enteprises. With this transaction, MedcoEnergi obtains an exploration license for six years to conduct oil and gas exploration activities in the […]

  • IEA: 2030 Renewable Target Non-Binding, Framework Unclear

    28 August 2014
    Authorities & Government

    The International Energy Agency has raised the alarm over the non-binding nature of a 27% renewable energy target for 2030 while also calling for a clear and stable framework. According to the IEA’s Medium-Term Renewable Energy Market Report, the absence of a binding target raises questions about how effective the overall target can be as […]

  • Damen unveils ‘groundbreaking’ hull cleaning offering with ROV in starring role

    5 December 2024
    Business & Finance, Business Developments & Projects, Innovation, Technology, Transition, Vessels

    Damen Shiprepair, part of Damen Shipyards Group, has revealed a hull cleaning service that uses a remotely operated vehicle (ROV) for its task. This vessel technology is said to be the first of its kind in France.

  • Canada: Nautilus Minerals Releases Third Quarter Results

    11 November 2011
    Business & Finance, Operations & Maintenance

    Nautilus Minerals Inc continued to make steady progress in the development of its pioneering seafloor copper/gold project in the September quarter of 2011, and remains on track to commence production in the final quarter of 2013. The company completed the quarter with a cash balance of US$155.1 million, after successfully raising C$70.5 million in the […]

  • Total’s profit slips as oil prices tumble

    5 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy

    Total recorded a 35 per cent decrease in its first quarter profit as oil prices tumbled during the period.

  • Antarctica Is in Need of Protection, Texas A&M University Oceanographer Says

    20 July 2012
    Business & Finance, Research & Development

      The continent of Antarctica is at risk from human activities and other forces, and environmental management is needed to protect the planet’s last great wilderness area, says an international team of researchers, including a Texas A&M University oceanographer, in a paper published in the current issue of Science magazine. Mahlon “Chuck” Kennicutt II, professor […]

  • Eni’s CEO portrays UK as ‘primary’ investment playground for gas, renewables, and CCS pursuits

    30 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Exploration & Production, Outlook & Strategy, Regulation & Policy, Research & Development, Transition

    Eni’s CEO describes the UK as a top investment destination not just for natural gas but also for renewable energy, and carbon capture and storage (CCS).

  • Brazilian oil & gas giant changes its mind about selling deepwater field

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

    Petrobras has decided to end the divestment process for a sale of its entire stake in a Brazilian deepwater field to PRIO.

  • With natural gas in high demand, Shell forecasts global LNG growth will top 50% by 2040

    1 March 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Shell has revealed its latest outlook on the global demand for LNG, predicting a rise in demand of more than 50% by 2040.

  • Statoil, partners shave off Johan Sverdrup field costs

    29 August 2016

    Norwegian oil giant Statoil has managed to drive down the cost of development of its giant Johan Sverdrup field in the Norwegian Sector of the North Sea. “Since the plan for development and operation (PDO) of the Johan Sverdrup field was approved by Norwegian authorities, Statoil has cooperated with partners, authorities and suppliers on improving […]