5824 results found for 'gorgon'

5824 results found for 'gorgon'
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  • Rates for Iron Ore Carriers Set to Increase

    8 August 2014
    Business & Finance

    Ships will be in high demand for carrying iron ore based on the latest announcements from industry players. 600 Capesize carrier cargoes Australia and Brazil seem to be gearing up to bolster their export iron ore tonnage which will see shipping costs surge this year, by 80 pct, reports Bloomberg. Clarkson Plc estimates that Australian […]

  • Hawaiki Submarine Cable Project Moves Forward

    26 September 2017
    Operations & Maintenance

    Hawaiki Submarine Cable and TE SubCom informed that the final preparations are underway for the start of the installation of the Hawaiki submarine cable in early October 2017. According to the latest update, the 14,000 km of undersea fiber-optic cable that comprise the Hawaiki transpacific cable system are in the final stages of being loaded […]

  • BP presses on with IPO for pipeline assets

    11 September 2017
    Business & Finance

    BP’s subsidiary BP Midstream Partners has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) related to its proposed initial public offering (IPO) of common units representing limited partner interests. According to BP’s announcement on Monday, BP Midstream Partners’ initial assets are expected to consist of ownership interests in one onshore crude […]

  • Major Shareholder Announcement – Central Bank of Norway

    18 January 2011

    Vestas has received information from Norges Bank Investment Management, Bankplassen 2, P.O. Box 1179 Sentrum, 0107 Oslo, Norway, that Central Bank of Norway (Norges Bank) as per 13 January 2011 has increased their holdings of Vestas shares to 10,277,212 shares (5.05 per cent). About Vestas Vestas Wind Systems is a Danish manufacturer, seller, installer, and […]

  • Images: Houston Ship Channel Partially Closed after Tug and Barge Sink

    20 October 2015
    Business & Finance

    U.S. Coast Guard closed a 1,000 yard section of the Houston Shipping Channel to deep draft ship traffic at 5:58 a.m. Monday local time, about an hour after a tug and a barge sank. The closed section of the ship channel, located about 2 miles east of the Interstate 610 bridge across from the Kinder Morgan terminals […]

  • Sanmar Hands Over World’s First LNG-Powered Tugboat

    24 October 2013

    After years of devotion to design and sustainable nautical propulsion, Istanbul-based tug boat manufacturer, Sanmar, finished building the first tug boat ever powered by liquid natural gas (LNG). Sanmar, creator of over 100 powerful and modern-looking tugboats, is the first shipyard to ever deliver a tug boat of this sort. Powered by US35 azimuth thrusters […]

  • US Offshore Wind Demo Projects Could Get a USD 40 Million Boost

    13 May 2016
    Authorities & Government, Business & Finance, Human Capital, Research & Development, Technology

    The US Senate has passed the Energy and Water Development Appropriations Act, a bipartisan legislation which includes a recommendation that USD 40 million be allocated to the offshore wind demonstration programs. Senator Angus King from Maine has urged the Appropriations Committee to include this language during its markup of the bill. The University of Maine leads the Aqua Ventus project, […]

  • Top News of the Week May 20-26, 2013

    26 May 2013

    USA: DOE Approves Freeport LNG Non-FTA Export Application The Energy Department of USA said that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, LLC (Freeport) to export domestically produced liquefied natural gas (LNG) to countries that do not have a Free Trade Agreement (FTA) with the United States from the Freeport LNG Terminal […]

  • Australia: WestSide Raises AUD 25.4 Million

    12 April 2012

    WestSide Corporation announced that the Company’s fully-underwritten, 2-for-5 pro rata non-renounceable Entitlement Offer and Top Up Facility at A$0.25 per share, raising $25.4 million, has closed well oversubscribed. The Offer was oversubscribed with demand exceeding the 101,676,540 shares available under the Offer by 19 per cent. WestSide’s Australian and New Zealand-based shareholders took-up, on average, […]

  • REPORT: 3 Billion BOE Remains in UKCS Small Pools

    18 October 2016
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    More than three billion barrels of oil equivalent (boe) remain in approximately 350 unsanctioned discoveries across the UK Continental Shelf (UKCS), according to information released by the Oil and Gas Authority (OGA). Of the three billion, the majority are ‘small pools’, defined as less than 50 million boe technically recoverable, and are located within potential […]

  • Ceona Amazon Up for Sale, Over 100 Jobs Lost

    17 September 2015
    Business & Finance, Equipment, Operations & Maintenance

    SURF contractor Ceona has fallen into administration, Ernst & Young (EY) informed Thursday, September 17. Stuart Gardner and Alan Hudson of EY were appointed Joint Administrators of Ceona Holding Limited and Ceona Crewing Limited and Alan Bloom, Alan Hudson and Colin Dempster of EY were appointed Joint Administrators of Ceona Investments Limited and Certain UK Group companies […]

  • Atlantis Resources Buys Marine Current Turbines

    29 April 2015
    Project & Tenders

    Atlantis Resources has reached an agreement to acquire the entire issued share capital of the Bristol-based tidal business, Marine Current Turbines Limited, (“MCT”) from Siemens AG in an all share deal. The acquisition is conditional upon certain conditions precedent being satisfied. Siemens will receive 9.99% of the Company’s enlarged issued share capital as sole consideration […]

  • Finnish Wartsila One Step Closer to Hamworthy Acquisition

    22 November 2011
    Business & Finance

    Wärtsilä Corporation announced that it has reached agreement with the Board of Hamworthy plc , a UK listed engineering company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy. Under the terms of the acquisition Hamworthy shareholders should receive 825 pence in cash […]

  • Damen Marine Components Contracts, Deliveries, Expansion

    23 July 2013

    In the past weeks Damen Marine Components (DMC), part of Damen Shipyards Group, has completed several projects for the offshore, ports, defence and fishing markets. Furthermore DMC received a new ISO certificate and is expanding its business and facilities in Poland. A round-up. Offshore Damen Marine Components has recently delivered a twin propeller nozzle set […]

  • Finland: Wartsila Acquires Hamworthy

    22 November 2011

    Wärtsilä Corporation announced that it has reached agreement with the Board of Hamworthy plc, a UK listed engineering company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy. Under the terms of the acquisition Hamworthy shareholders will receive 825 pence in cash for […]

  • UK: Aquatic Engineering & Construction, Acteon Join PEH

    24 October 2012
    Business & Finance

    Aquatic Engineering & Construction Ltd, an Acteon company, has become one of several businesses that form the new Peterhead Energy Hub (PEH). The port of Peterhead is a major strategic gateway to the North Sea for the oil and gas industry, and various suppliers and contractors have been invited to join the Peterhead Energy Hub […]

  • Origin cash flow climbs

    21 August 2014

    Origin Energy announced a statutory profit of $530 million for the financial year ended 30 June 2014, a 40 per cent increase from $378 million in the prior year. A decrease in underlying profit of 6 per cent to $713 million was driven by a lower contribution from energy markets which was partially offset by […]

  • Heriot-Watt University Hosts Energy Showcase

    20 October 2014

    More than 120 energy industry experts gathered at Heriot-Watt University today to hear about how the latest research and partnership with Scottish and global energy businesses could drive innovation. Delegates include representatives from the Scotmas Group; Selex Galileo; AMEC; The Crown Estate; Scottish Water; Grontmij and Heliex Power. Professor Mercedes Maroto-Valer, Director of the Energy […]

  • USA: Ecology Approves Burien’s Shoreline Master Program

    16 October 2013
    Business & Finance

    The Washington Department of Ecology has approved Burien’s updated shoreline master program. Burien’s shoreline program will result in significant improvements in the protection, use, development and restoration of shorelines on approximately 5.5 miles of Puget Sound and 1.2 miles of Lake Burien. “The shoreline master program update effort has been a long and challenging process […]

  • Sabella to participate in Selkie demonstration project

    27 August 2020
    Business Developments & Projects

    Sabella has secured its place in a pilot demonstration project, the SELKIE cross-border project, aiming to boost the marine energy industry in Wales and Ireland, following a tender call for participation. Sabella is a tidal technology designer and developer based in Brittany, northern France. The company counts twenty five employees and so far, two tidal […]

  • Damen Marine Components Announces Its Recent Activities

    23 July 2013
    Business & Finance

    In the past weeks Damen Marine Components (DMC), part of Damen Shipyards Group, has completed several projects for the offshore, ports, defence and fishing markets. Furthermore DMC received a new ISO certificate and is expanding its business and facilities in Poland. A round-up. Offshore Damen Marine Components has recently delivered a twin propeller nozzle set […]

  • Odyssey Marine Provides Update on Its Projects (USA)

    15 August 2012
    Business & Finance, Operations & Maintenance

    Odyssey Marine Exploration, Inc., pioneers in the field of deep-ocean exploration, provided an operational update relating to the activities of the three ships which are currently engaged in Odyssey projects. The chartered vessel working on the SS Gairsoppa project, the Seabed Worker, will make a scheduled port call in Cork, Ireland, beginning today, August 15, […]

  • Preparations for Subsea Expo UK Underway

    23 December 2013
    Business & Finance

    Preparations for Europe’s leading annual subsea conference and exhibition are well underway with up to 5,000 delegates expected to attend from across the globe, reaffirming the world-leading status of the British subsea supply chain. Subsea Expo will run from 5-7th February at the Aberdeen Exhibition and Conference Centre. The event will see over 170 subsea […]

  • Subsea UK urges members to cut dependence on O&G, add renewables to the mix

    18 July 2016

    Subsea UK, an industry body representing more than 300 firms dealing with subsea oil and gas technology, has urged its members to look elsewhere, towards renewables, in order to reduce their dependence on the cyclical oil and gas industry. With global offshore wind expenditure expected to reach £210 billion over the next ten years, Subsea […]

  • 2015 Offshore Achievement Awards finalists

    12 January 2015

    Recognizing some of the UK offshore industry’s strongest talent, the shortlist for the 2015 Offshore Achievement Awards has been announced today (Monday, 12 January 2015) The annual awards, sponsored by TAQA, are organized and hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section and recognize exceptional performance across a range of categories. The 12 […]