5158 results found for 'french guiana'

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• EU readies cash to help Ireland cut energy dependence on Brexit Britain

  6 March 2017

  By Alissa de Carbonnel, Karolin Schaps and Susanna Twidale BRUSSELS/LONDON (Reuters) – Two big Irish energy projects designed to reduce dependence on Britain are set to benefit from EU funding as the bloc steps up efforts to support the country with the most to lose when its bigger neighbour quits the European Union. Brexit has […]

• Equinor sinks to quarterly loss due to low prices and impairments

  

  7 May 2020

  Business & Finance, Business Developments & Projects, Exploration & Production

  Equinor recorded a loss in the first quarter of the year due to low oil prices and impairments of $2.5 billion but delivered a record-high production during the period.

• First OTEC project in São Tomé and Príncipe moves forward

  

  18 July 2023

  Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Regulation & Policy, Technology

  The United Nations Industrial Development Organisation (UNIDO) has taken a step forward in the development of the first floating ocean thermal energy conversion (OTEC) platform in São Tomé and Príncipe by hiring a Portuguese consultancy AQUALOGUS Engenharia e Ambiente for environmental and social impact assessment.

• ABS Establishes Its First Energy Technology Center in Korea

  28 October 2011

  Business & Finance

  Leading classification society ABS is further strengthening its ties to the Korean maritime industry by establishing the ABS Korea Energy Technology Center (KETC) in Busan in early 2012. This is ABS’ first energy center and will focus on applied research to a broad range of current and future technology challenges. In a related move, the […]

• GasLog Partners 2018 profit up

  

  30 January 2019

  GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, reported a slide in profit during the last quarter of the year, as well as for the whole twelve months. 

• Leighton Q1 Net Profit Rises, Australia

  7 May 2013

  Leighton announced Net Profit after Tax of $123 million for the first quarter of financial year 2013, compared to a loss of $80 million in the prior comparable period. Revenue was $5.4 billion, compared to $5.1 billion in the prior comparable period. Chief Executive Officer, Mr Hamish Tyrwhitt, said that it was pleasing to report […]

• Eni ordered to reassess its Goliat plans

  12 January 2017

  Norway’s Petroleum Safety Authority has identified multiple breaches in regulations aboard the Eni-operated Goliat platform in the Barents Sea.   The PSA Norway on Thursday released reports tackling different issues identified aboard the giant cylindrical FPSO and has ordered Eni to reassess the ways it manages the operations there. The Goliat has been plagued by […]

• Melrose Resources plc: First Gas Production from Bulgarian Offshore Fields and Exploration Update

  5 November 2010

  Business & Finance

  Melrose Resources plc , the oil and gas exploration, development and production company, announces first gas production from the Kavarna and Kaliakra gas fields offshore Bulgaria and to provide an update on its exploration operations in France, Egypt and Turkey. Field Developments Bulgaria The Kavarna and Kaliakra fields contain combined reserves of 74 Bcf and […]

• Highlights of the Year 2017

  2 January 2018

  Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

  Subsea World News has singled out the most interesting article from each month of 2017 that highlighted the subsea industry. In the Q1 2017, we saw the largest merger in the industry between Technip and FMC Technologies. Emas Chiyoda Subsea went bust and ABB sold its subsea cable business to NKT. January: TechnipFMC Marks Its […]

• Bassoe: Demand for deepwater rigs in South America to double by 2021

  17 January 2018

  Exploration & Production

  Up to 50 offshore rigs could be working on deepwater programs in South America depending on how new prospects turn out.

• Golar LNG in the Hole

  25 February 2015

  Business & Finance

  Bermuda-headquartered LNG carrier owner and operator Golar LNG reported USD 38 million loss for the fourth quarter, dragged down mostly by non-cash financial and other non-recurring charges of items amounting to USD 32.7 million, the company said in its preliminary report. However, the company improved its operating revenue to USD 32.6 million in the fourth quarter, a USD 15.3 million […]

• ABS to Establish Korea Energy Technology Center

  28 October 2011

  Business & Finance

  Leading classification society ABS is further strengthening its ties to the Korean maritime industry by establishing the ABS Korea Energy Technology Center (KETC) in Busan in early 2012. This is ABS’ first energy center and will focus on applied research to a broad range of current and future technology challenges. In a related move, the […]

• Eni closes $4.7 billion Coral South FLNG project financing

  6 December 2017

  Project & Tenders

  Italian oil company Eni has achieved financial close for a total amount of around $4.7 billion for the Coral South FLNG multi-sourced project financing.  The project is located in the Area 4 offshore Mozambique where Eni is the operator. In March 2017, Eni and ExxonMobil signed a sale and purchase agreement to enable ExxonMobil to […]

• Danaos: Liners slowing down their ships to meet CII

  

  2 August 2022

  Business & Finance, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Vessels

  Liner companies are redesigning their operating loops with lower speeds to meet environmental regulations, particularly the Carbon Intensity Indicator (CII) requirements, Danaos’ CEO John Coustas says. Specifically, ships would need to measure and document their actual annual operational CII against the required annual operational CII, to ensure their continuous progress on the decarbonization path. A […]

• Type 23 Frigate HMS Somerset Heads Out for Sea Trials

  15 January 2013

  Type 23 frigate HMS Somerset has left Devonport Royal Dockyard for sea trials with significantly increased sustainability and fighting capability, following a successful nine-month docking period undertaken by Babcock; the first major maintenance period conducted under the full implementation of the Surface Ship Support (SSS) Alliance Class Output Management (COM) arrangements. The project has been […]

• New Capacity Lifts DONG Energy’s Wind Division

  10 August 2017

  Business & Finance

  DONG Energy has recorded a 32% increase in earnings from operating offshore wind farms in the first half of 2017 as compared to the same period a year earlier.

• USA: BP Believes *Static Kill* to Be a Success. Relief Well Operations Continue to Progress

  9 August 2010

  Project & Tenders

  BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea Source Control The MC252 well has been shut-in since July 15; there is currently no oil flowing into the Gulf. BP continues to work with the guidance and approval of the National Incident […]

• France: Total Marks Growth in Third Quarter

  31 October 2012

  Business & Finance, Operations & Maintenance

  Total announces adjusted net income of 3,348 M€ in the third quarter 2012 compared to 2,801 M€ in the third quarter 2011, an increase of 20%. Expressed in dollars, adjusted net income increased by 6%. Highlights since the beginning of the third quarter 2012 were the following: • Start-up of the Atla field in the […]

• Ophir says Fortuna FLNG talks with Schlumberger terminated

  29 April 2016

  London-based Ophir Energy said on Friday it has terminated discussions with Schlumberger regarding the participation in the Fortuna FLNG project in Equatorial Guinea. The two companies signed in January a non-binding agreement under which Schlumberger would receive a 40% economic interest in the Fortuna FLNG project. Since the January announcement of the non-binding deal with Schlumberger […]

• Subsea 7 clinches second Vito field gig

  

  10 October 2018

  Subsea 7 clinches second Vito field gig

• Shell divests offshore block in Palestine

  

  4 April 2018

  Business & Finance

  Oil company Shell has decided to divest its stake in an offshore block in Palestine. The company, through its affiliate BG Great Britain Limited, has reached an agreement with Palestine Investment Fund (PIF) to divest its entire interest and operatorship in the Gaza Marine license.  Gaza Marine license was Shell’s only project in Palestine. “This […]

• Brazil’s 13th licensing round set to begin

  7 October 2015

  Brazil’s 13th licensing round will be held Wednesday at the Windsor Barra Hotel in Rio de Janeiro. Thirty-seven companies have qualified to take part in the bidding for new offshore and onshore exploration acreage in Brazil. Among the companies given the green light, there are 22 international oil firms and 15 Brazilian ones. According to Brazil’s newspaper […]

• Shell updates strategy and 2025 financial outlook

  

  5 June 2019

  The Hague-based LNG giant Shell updated its strategy and financial outlook to 2025, noting that the market-facing businesses of Integrated Gas, Chemicals and Oil Products will be the cornerstone of the company’s energy transition. 

• Carnival Offers Govts to Use Cruise Ships to Treat Non-COVID-19 Patients

  

  20 March 2020

  Carnival has offered select cruise ships for use as temporary hospitals to help address COVID-19.

• Robotic cargo oil tank inspections on FPSO pioneered by Australian firm

  

  12 July 2024

  Business & Finance, Business Developments & Projects, Technology

  Geo Oceans has completed what it says is the first cargo oil tank inspection using remote robotic technology only, without any manned entry.