5137 results found for 'french guiana'

5137 results found for 'french guiana'
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  • Petrobras and Wood go on future-proofing mission to imbue automation, safety, and electrification optimization shots in the FPSO design arm

    7 October 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Project & Tenders, Transition

    Brazilian state-owned energy heavyweight Petrobras has joined forces with the UK’s engineering and consulting company Wood to change and enhance the design of the traditional floating production, storage, and offloading (FPSO) vessels working for the Brazilian giant to minimize the number of persons on board, curtail risks, and optimize FPSO electrification strategies to bolster performance […]

  • Petrobras books smaller profit as output declines

    8 May 2019
    Business & Finance

    Hit by lower crude oil prices, Brazilian state-owned oil and gas giant Petrobras recorded a smaller profit in the first quarter of 2019 when compared to the same period last year amid production decline due to a series of stoppages. The Brazilian giant on Tuesday posted a net income of $1.125 billion for the first […]

  • Pancontinental in Talks Over New Oil & Gas Exploration Blocks Award, Offshore Kenya

    23 February 2011
    Business & Finance

      Pancontinental Oil & Gas NL  (“Pancontinental”) announces that, together with three co-applicants and led by BG Group plc (“BG Group”), it is in negotiations for the award of oil and gas exploration and production licences over Blocks L10A and L10B offshore Kenya following an offer by the Kenyan Ministry of Energy. The offer is […]

  • EOWDC to bring Aberdeenshire € 5.5 million each year for two decades

    15 October 2020
    Business & Finance, Business Developments & Projects

    European Offshore Wind Deployment Centre (EOWDC), also known as Aberdeen Offshore Wind Farm and “famous” for being the offshore wind project the current U.S. President Donald Trump fought against, is estimated to bring the Aberdeenshire area more than GBP 100 million (around EUR 110 million) over its operational lifetime. Namely, according to a new socio-economic […]

  • Husky Energy’s five-year plan puts focus on offshore projects

    28 May 2019

    Husky Energy has disclosed its updated five-year plan which includes investments in several offshore projects offshore China, Indonesia, and Canada.

  • SBM Offshore on FPSO landscape: Oil & gas demand unlocking financing with CCS poised for ‘biggest impact’ in emission cuts

    6 January 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition

    With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are anticipated to be within its target domain, as rising global energy demand, especially within the oil and gas arena, continues to loosen the purse strings, paving the way for smooth FPSO project financing.

  • Jadestone boosts Stag output by 40 pct

    17 October 2017

    Jadestone Energy, formerly known as Mitra Energy, has increased production from its Stag oil field off Australia by 40 percent since it took over operatorship of the field earlier this year.  The field is located in block WA-15-L, 60 kilometers offshore Western Australia in the Carnarvon Basin at a water depth of approximately 47 meters. […]

  • Importance of VDR Data Undermined

    24 October 2014

     Failure to preserve Voyage Data Recorder (VDR) data in the event of an incident can compromise the owner’s position in the event of a claim, according to the London P&I Club.  The club said that there have been instances where masters have failed to perform the steps required to preserve VDR data, or failed to recognise […]

  • Canada: Nautilus Minerals Announces Solid Year End Results

    27 March 2012
    Business & Finance, Operations & Maintenance

    Nautilus Minerals Inc. ended 2011 in a solid financial position with US$149.4 million in cash and cash equivalents, after a milestone year which saw the Company granted the first deep sea “hard rock” Mining Lease for its Solwara 1 project in the Bismarck Sea, Papua New Guinea. The Company today released its 2011 full year […]

  • US: Offshore wind could bring $ 166 billion in investments, 80,000 jobs by 2035

    5 August 2020
    Business & Finance

    The U.S. economy could see offshore wind investments reaching $ 17 billion by 2025, $ 108 billion by 2030 and $ 166 billion by 2035, supporting 80,000 jobs annually by 2035. This is according to a new study from Wood Mackenzie, which also found that 28 GW of offshore wind areas could be leased and […]

  • Dragon Oil Reports Solid Production Performance (UAE)

    16 July 2013
    Business & Finance, Project & Tenders

    Dragon Oil plc, an international oil and gas exploration, production and development company, today issues an operational update and financial highlights for the six months’ period ended 30 June 2013.  Key operational highlights are: – 15% increase in average daily production rate at approximately 73,600 barrels of oil per day (“bopd”) in 1H 2013 compared […]

  • Platts: Spot LNG Prices for July Down

    18 June 2014

    Prices of spot liquefied natural gas (LNG) for July delivery to Asia fell 9.5% to an average $12.951 per million British thermal units (/MMBtu) on a month-over-month basis, according to the latest Platts Japan/Korea Marker (JKM) for month-ahead delivery. The price decline is largely the result of high LNG inventories on the back of a […]

  • Equinor doles out two deals for recently sanctioned $9 billion oil & gas project

    11 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Norwegian state-owned energy giant Equinor has awarded two contracts for its recently sanctioned oil and gas project in the Campos Basin offshore Brazil.

  • Shell sanctions big gas project and anticipates LNG growth in Trinidad and Tobago

    9 July 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has taken a final investment decision (FID) for a gas development project offshore Trinidad and Tobago, which is expected to boost its LNG arsenal.

  • Qatar Petroleum launches tender for LNG carrier fleet for North Field expansion project

    22 April 2019

    Qatar Petroleum has issued an ‘invitation to tender’ for the reservation of ship construction capacity required for the LNG carrier fleet for its North Field Expansion (NFE) Project,

  • Qatargas Delivers First Q-Max Cargo to Japan

    19 July 2010
    Vessels

    Qatargas has delivered its first Q-Max cargo of liquefied natural gas (LNG) to Japan. The cargo was delivered to Chubu Electric’s Chita Terminal by the Q-Max LNG carrier “Mozah.” Delivering a speech to mark the occasion onboard the carrier, Sheikh Khalid Bin Khalifa Al-Thani, Chief Executive Officer of Qatargas said: “Today marks a new page […]

  • Gunvor withdraws PA Resources bankruptcy request

    15 April 2015
    Business & Finance

    PA Resources, a Sweden-based oil explorer, will continue its restructuring efforts, after its largest creditor and shareholder, Gunvor Group decided to withdraw its petition for bankruptcy in PA Resources. On Sunday night Gunvor Group informed the company that it had filed an application for bankruptcy of PA Resources AB, but yesterday, April 14, 2015, it […]

  • Shellfish Fleet Considers Abandoning Mauritanian Waters

    19 May 2011

    The 24 vessels that form part of the fleet fishing for shellfish in Spain under the fishery agreement between Mauritania and the European Union (EU) decided to waive the renewal of their licenses from July 1. As reported by the Spanish Fishery Confederation (Cepesca), the decision is due to the fact that the Mauritanian fishery […]

  • Industry to Put Offshore Wind Safety in the Spotlight

    2 May 2016

    Keeping offshore wind workers safe is of paramount importance. What needs to be done to aim for the ‘holy grail’ of zero incidents? Are there lessons that can be learned from the offshore oil and gas industry? Is there guidance, and also safety procedures, already in existence that means there is no need to re-create […]

  • Höegh LNG boasts solid project pipeline amidst Q3 loss

    20 November 2020
    Business & Finance, Business Developments & Projects

    Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG posted a loss for the third quarter of 2020.

  • Prysmian to use €120 million loan for innovation and digitalization

    6 March 2023
    Business & Finance, Business Developments & Projects, Environment, Innovation, Outlook & Strategy, Research & Development, Transition, Vision

    Italy’s cabling giant Prysmian has secured a €120 million loan from Italian investment bank Cassa Depositi e Prestiti (CDP) which will be invested in R&D for network upgrading purposes. The loan will be used to support R&D plans focused on the implementation of innovative technologies and contribute to strengthening digitalization processes, while cutting emissions to facilitate […]

  • Aibel: Troll Project at Peak of Construction Period

    23 September 2013

    The Troll project is now at the peak of its construction period, Norwegian company Aibel said today. Around 850 Aibel employees and subcontract personnel are working on the new modules that will increase the lifetime of the Troll field. Friday saw the last major lifting effort in Thailand. Section 514 was placed on the M11 […]

  • Leviathan gas field FID taken (Israel)

    23 February 2017

    Israeli firm Delek Group has said that the Final Investment Decision has been made for the development of the giant gas field in the Mediterranean – the Leviathan. The company on Thursday said its subsidiaries Delek Drilling and Avner Exploration had taken the fid the development of Phase 1A in the development plan of the Leviathan […]

  • Shell’s icebreaker moves to Oregon for repairs

    14 July 2015
    Exploration & Production, Project & Tenders

    An icebreaker which will support Shell’s drilling operations in the Chukchi Sea offshore Alaska, will be repaired in Portland, after suffering a damage to the hull while navigating through the Unalaska Bay. MSV Fennica, which is still in Unalaska according to AIS data, will transit to Portland for repairs before returning to Alaskan waters for […]

  • Petrobras sees lower output due to workers’ strike

    17 December 2015

    Oil and gas output in November for the Brazilian state-owned oil giant Petrobras has dropped due to a strike by the oil workers during the month.   Average oil and natural gas output in Brazil and other countries in November was 2.71 million boed, down 1.8% from 2.76 million boed in October, due to shutdowns […]