Search results for: gains

11332 results

A list of search results

  • 31 December 2020
    Business & Finance, Business developments & projects

    Oil major ExxonMobil has stated that it would have to write down assets up to $20 billion regardless of higher oil and gas prices and improved chemical margins.

  • 26 November 2020
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    Jersey Oil & Gas has entered into a conditional sale and purchase agreement to acquire CIECO V&C, which will give it full ownership of a North Sea licence.

  • 23 November 2020
    Authorities & Government, Business & Finance, Business developments & projects, Environment, Operations & Maintenance, Regulation & policy, Rules & Regulation, Safety

    TAQA Bratani has received approval for its drafts decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea.

  • 19 November 2020
    Environment, Infrastructure, Market outlooks, Outlook & strategy, Vessels

    Global CO2 emissions will continue to rise and track fleet growth, a new analysis by Swedish big data firm Marine Benchmark shows.

  • 12 November 2020
    Business & Finance, Market outlooks

    Subsea 7 slipped into the red in the third quarter 2020 on decline in activity in the sector and costs generated by the Covid-19 pandemic. The engineering and construction specialist recognised quarterly net loss of $43 million, against profit of $42 million in Q3 2019. This brings losses since the start of the year to […]

  • 3 November 2020
    Business & Finance, Business developments & projects

    Petrofac has completed the disposal of its non-core assets in Mexico to Perenco, but the two companies have also entered into a dispute.

  • 27 October 2020
    Authorities & Government, Environment, Exploration & Production, Regulation & policy, Safety

    Oil and gas operators are evacuating their offshore personnel from facilities in the U.S. Gulf of Mexico as Zeta nears hurricane strength.

  • 23 October 2020
    Authorities & Government, Exploration & Production, Infrastructure, Regulation & policy

    The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a well located in the Barents Sea off Norway.

  • 16 October 2020
    Regulation & policy, Rules & Regulation

    The Liberian Registry, the world’s second-largest ship registry, has opposed the recent proposal from the European Parliament on the implementation of a separate, unilateral set of regulations, in the instance of the Emissions Trading System (ETS) scheme for international shipping.

  • 5 October 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Kosmos Energy has closed a Gulf of Mexico facility with Beal Bank USA and Trafigura.

  • 28 September 2020
    Authorities & Government, Business & Finance, Business developments & projects, Regulation & policy, Rules & Regulation

    Offshore drilling contractor Valaris has executed a new term loan credit agreement, gaining access to additional liquidity as it is working through its Chapter 11 bankruptcy process.

  • 28 September 2020
    Authorities & Government, Rules & Regulation

    The Panama Canal Authority (ACP) has reportedly won an arbitration ruling in a long-standing dispute between ACP and Grupo Unidos por el Canal (GUPC), a consortium that constructed the Expanded Panama Canal.

  • 2 September 2020
    Human Capital, Outlook & strategy, Regulation & policy, Safety

    Another former female employee of oilfield services giant Schlumberger has been added as a second plaintiff in a $100 million sexual harassment class-action lawsuit against the company.

  • 26 August 2020
    Business & Finance, Business developments & projects, Environment, Transition

    Greenpeace activists from Germany have launched a protest in the North Sea to call out Shell’s plans to abandon an estimated 11,000 tonnes of oil in the sea.

  • 26 August 2020
    Authorities & Government, Vessels

    The Philippine Coast Guard will continue to pursue criminal charges against the owners of MV Vienna Wood, a Hong Kong-flagged bulk carrier, which was involved in a deadly collision with a fishing vessel in June southwest of Manila. The decision is being announced on the back of settlement reached between the owners of the ship, […]

  • 20 August 2020
    Regulation & policy, Rules & Regulation

    The First Senate of Germany’s Federal Constitutional Court has ruled on constitutional complaints filed against the country’s existing Offshore Energy Act (WindSeeG). On the matter of the Act not providing for any compensation for the planning and site investigation expenses incurred by developers whose projects were initiated under previously applicable law but were terminated when […]

  • 29 July 2020
    Authorities & Government, Business & Finance, Business developments & projects, Exploration & Production, Regulation & policy, Rules & Regulation

    The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wells located in the Norwegian Sea.

  • 9 July 2020
    Business & Finance, Business developments & projects, Outlook & strategy, Transition

    Is climate change pushing the corporate world to use as much renewable energy as possible? Or, is it because of financial reasons, such as long-term fixed prices? Or, is it „the brand kudos that comes with procuring energy from renewable sources“, as one recent report mentioned? If we are now moving faster toward a greener, […]

  • 6 July 2020
    Authorities & Government, Regulation & policy

    German Federal Council (Bundesrat) did not accept the recently proposed offshore wind tendering model with open arms at its latest session on 3 July. The Council found the new model, introduced in a bill amending the existing Offshore Wind Act (WindSeeG), should go more along the lines of Contracts for Difference (CfDs). The amendment also […]

  • 3 July 2020
    Authorities & Government, Business & Finance, Business developments & projects, Exploration & Production, Rules & Regulation

    Jadestone Energy has started arbitration proceedings against Teikoku, a subsidiary of Inpex, related to Jadestone’s acquisition of an interest in Block 05-1 PSC, offshore Vietnam.

  • 24 June 2020
    Business & Finance, Business developments & projects, Regulation & policy, Safety

    A woman who once worked for oilfield services giant Schlumberger has filed a $100 million lawsuit against the company for alleged sexual harassment, sex discrimination, and physical danger.

  • 10 June 2020
    Authorities & Government, Infrastructure, Regulation & policy, Rules & Regulation, Vessels

    On 8 June, US sanctions targeting the Iranian shipping network came into effect, six months after they were announced by the Trump administration.

  • 8 June 2020
    Authorities & Government, Business developments & projects, Project & Tenders, Regulation & policy

    The UK’s Oil and Gas Authority (OGA) has granted extensions for Egdon Resources’ P1929 and P2304 licences offshore the UK.

  • 4 June 2020
    Authorities & Government, Business & Finance, Business developments & projects, Rules & Regulation

    A court in Brazil has accepted a money laundering and corruption complaint against a former Sembcorp Marine employee as part of the widespread Brazilian Car Wash probe.

  • 1 June 2020
    Authorities & Government, Infrastructure, Regulation & policy, Safety, Vessels

    Charges have been laid against the master of the APL England, a containership which lost about 50 containers overboard off Sydney on 24 May, the Australian Maritime Safety Authority (AMSA) said.