5085 results found for 'french guiana'

5085 results found for 'french guiana'
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  • Chevron trims 2016 capital spending

    10 December 2015

    US oil and gas giant Chevron said Thursday it would slash its 2016 capital spending budget to $26.6 billion, down 24 percent as compared to the company’s capital and exploratory investment this year. Included in the 2016 program are $4.5 billion of planned expenditures by Chevron’s affiliates. Chevron, which is expected to start its giant […]

  • Updated: Pirates kidnap 13 seafarers in the furthest offshore attack in GoG yet

    20 July 2020
    Human Capital, Safety, Vessels

    A group of armed pirates boarded a product tanker offshore Benin on Friday, July 17, and kidnapped 13 crew members, Alison Management Corp., the management company of the vessel confirmed to Offshore Energy-Green Marine. The statement was issued on the back of a report from maritime security firm Dryad Global which claimed that 15 seafarers […]

  • New Terminals Drag Down ICTSI’s Q1 Profit

    9 May 2018
    Business & Finance

    Philippine-based terminal operator ICTSI reported a lower profit in the first quarter of 2018.

  • Chemical Tanker Minerva Virgo Attacked off Benin

    6 March 2020
    Business & Finance

    Chemical tanker MT Minerva Virgo was boarded by a group of pirates.

  • Taiwan ups 2016 LNG imports

    21 February 2017

    Taiwan, the world’s fifth largest liquefied natural gas (LNG) buyer, boosted its imports of the chilled fuel by 2.7 percent last year. Taiwan imported 14.97 million mt of LNG in 2016, as compared to 14.58 million mt the year before, according to the data released by the Directorate General of Customs. The country paid about $4.92 […]

  • Oil Search returns to profit

    21 February 2017

    Oil Search, the owner of a 29 percent stake in the PNG LNG project, has reported a full-year net profit of $US89.8 million, compared to last year’s $39.4 million loss. However, its core profit, excluding one-offs, fell 70 percent to $106.7 million as average LNG prices dropped by a third and oil prices slid 12 […]

  • UK regulator streamlining offshore license transactions with set of guidelines

    9 October 2024
    Authorities & Government, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    The UK’s regulator, the North Sea Transition Authority (NSTA), has published a guidance document to assist current and potential offshore license holders and investors with the application for and management of licenses on the UK Continental Shelf (UKCS). Following consultations with industry stakeholders, the NSTA has finalized its ‘Guidance on the conduct of license assignments’ […]

  • Sovcomflot’s profit rockets

    28 August 2020
    Business & Finance, Business Developments & Projects

    Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong term contracts portfolio. Sovcomflot reported a net profit of $226.4 million in the January-June period, compared to $91 million a year ago. Revenue increased by 19.8 per cent year-on-year to $951.3 million. Sovcomflot’s chief executive […]

  • In focus: Don’t let a good energy crisis go to waste

    9 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Storage, Transition, Vessels, Vision

    The volatility within the energy market has forced nations to look inward for solutions to this global issue and cut their reliance on energy imports or diversify their sources of supply. Looking longer-term, if this approach becomes a policy and not a one-off solution to a one-off problem, this kind of individual approach to tackling […]

  • USACE: Silver Creek Special Flood Hazard Evaluation Complete

    1 November 2017
    Business & Finance

    Under the Floodplain Management Services (FPMS) program, USACE’s Buffalo District, in coordination with the New York State Department of Environmental Conservation (NYSDEC), recently completed a Special Flood Hazard Evaluation for Silver Creek, located in Chautauqua County, New York. Buffalo District Hydrology and Hydraulics (H&H) Team and Survey Team, guided by Certified Floodplain Manager Laura Ortiz […]

  • PetroChina Q1 profit down 82 percent

    28 April 2015

    Chinese oil and gas giant PetroChina said its quarterly net profit plunged 82 percent to 6.2 billion yuan ($989 million), as compared to the first quarter in 2014. PetroChina is yet another player to post losses due to the drop in global crude oil prices. In the first quarter of 2015, the average realized price for […]

  • Japanese LNG imports rise following two-month drop

    22 August 2019

    Japanese imports of liquefied natural gas (LNG) have slightly risen again in July after a two-month drop.

  • Fresh deepwater oil discovery off Brazil

    31 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Petrobras has made an oil discovery in a well located off Brazil and steps have been undertaken to measure the extent of this discovery.

  • King & Spalding Advises On Innovative Modular LNG Project (Papua New Guinea)

    4 February 2011

      International law firm King & Spalding advised Pacific LNG Operations, Ltd., on a project funding and construction agreement and a shareholders agreement between the company’s affiliate Liquid Niugini Gas Ltd. and Energy World Corporation Ltd. The agreements set out the parameters for the development, construction, financing and operation of a planned three million ton […]

  • Top News of the Week of Jan 28 – Feb 03, 2013

    3 February 2013
    Business & Finance

    1. Hallin Marine’s Penrith Vessel Sinks Offshore Myanmar Hallin Marine announced that the offshore support vessel Penrith sunk offshore Myanmar after it had a major incident last week. 2. VIDEO: Giant Squid Caught On Tape for the First Time Offshore Japan Ocean explorers have finally achieved one of their most alluring but elusive goals: video […]

  • Petrel raises funds to cover costs for Ghana assets

    26 September 2018

    Petrel Resources has raised £400,000 ($526,500 ) by placing shares and plans to use the proceeds to fund costs related to its Ghanaian assets.

  • In focus: Accelerating the energy transition

    18 March 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Infrastructure, Transition

    The global energy transition continues to be a strategic priority for many players, including those involved in the maritime and offshore energy sectors.

  • Diana Shipping to Acquire New Kamsarmax Dry Bulk Vessel

    24 December 2012

    Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that on December 20, 2012, it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire a new-building Kamsarmax dry bulk carrier of 82,131 dwt, built by Tsuneishi Shipbuilding Co., Ltd., Japan, from an unaffiliated […]

  • Terminal Start-Up Costs Put Pressure on ICTSI’s Income

    8 August 2018
    Business & Finance

    ICTSI’s net income dropped in 1H 2018 due to the start-up costs of new terminals in Papua New Guinea and Australia.

  • CCS and partners to conduct Singapore’s first long-term B100 biofuel trial

    30 October 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Project & Tenders, Research & Development

    China Classification Society (CCS), Weichai Singapore, Marine Energy and Sustainability Research Department of Nanyang Technological University (MESD), and Pinnacle Marine have signed a research cooperation agreement to test B100 biofuel for 1,000 hours in Singaporean waters. The four-party agreement for this joint project was signed on October 10, 2024. According to CCS, it marks Singapore’s first long-term ship […]

  • UAE’s energy giant claims new world record for the longest well

    20 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    UAE’s ADNOC has announced a new world record for the longest oil and gas well has been set at its Upper Zakum Concession.

  • Hyperdynamics closing in on initial portion of Fatala well

    14 August 2017
    Exploration & Production, Project & Tenders

    Oil and gas company Hyperdynamics Corporation is approaching completion of the initial portion of its Fatala-1 exploration well offshore Guinea.  The Pacific Drilling-owned drillship Pacific Scirocco reached its target drilling location 165 kilometers offshore Guinea in early August, preparing to start drilling within that same week. The aim of the well is to test a large […]

  • E. Guinea minister orders operators to cut ties with Subsea 7

    22 November 2018
    Business & Finance

    Energy minister of Equatorial Guinea has ordered oil and gas companies working in the country to cancel all contracts with Subsea 7

  • Spain: Enagas Q1 Net Profit Up 4.8 Percent

    22 April 2011

      Enagás reported net profit for the first three months of 2011 of €86Mn, a 4.8% increase on the figure of €82Mn to 31 March 2010. EBITDA totalled €205.9Mn, 8.6% higher than the previous year’s figure of €189.7Mn. These results are in line with guidance for the year which calls for net profit growth of […]

  • Hong Kong investment firm buying 53% of Hyperdynamics

    3 November 2017

    The stock purchase agreement provides that Ray Leonard will remain President, Chief Executive Officer and a director of the company