5814 results found for 'gorgon'

5814 results found for 'gorgon'
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  • Maersk Sells Maersk Tankers

    20 September 2017
    Business & Finance

    Danish shipping and energy conglomerate A.P. Møller – Mærsk has today signed an agreement to sell Maersk Tankers to APMH Invest A/S, a subsidiary of A.P. Moller Holding for USD 1.17 billion in an all-cash transaction. A.P. Moller Holding plans to establish an ownership consortium for Maersk Tankers’ fleet with Japan’s Mitsui & Co. Ltd. […]

  • USA: Hydroid to Provide AUVs for WHOI and OOI

    11 July 2011
    Business & Finance

      The Woods Hole Oceanographic Institution and the Consortium for Ocean Leadership announced Hydroid, of Pocasset, Mass., will provide Autonomous Underwater Vehicles and docking stations to support the Pioneer Array of the Ocean Observatories Initiative. WHOI, an implementing organization on the OOI Program, awarded the contract for approximately $1 million to Hydroid for initial development […]

  • Ziff Energy Launches Western Canada NGL Supply and Infrastructure Growth Study

    15 April 2014

    Ziff Energy, a division of HSB Solomon Associates, and Gas Processing Management Inc. (GPMi) announced the launch of their Western Canada Natural Gas Liquids (NGL) Supply and Infrastructure Growth Study – Impact of LNG Development. The study analyzes NGL production driven by natural gas as feedstock to the developing LNG facilities in British Columbia and […]

  • McDermott Reports Net Loss of $64.1 Million

    5 November 2013
    Business & Finance

    McDermott International, Inc. today reported a net loss of $64.1 million, or $0.27 per fully diluted share, for the quarter ended September 30, 2013. These results compared to income of $50.6 million, or $0.21 per fully diluted share, in the corresponding period of 2012. Weighted average common shares outstanding on a fully diluted basis were […]

  • 3sun Turnover Almost Triples Since 2010/2011

    28 October 2013
    Business & Finance

    Great-Yarmouth based 3sun Group, a specialist provider of products and services to the global energy industry, has reported a turnover of £13.7 million for the financial year 2012/13. The company’s turnover increased almost three-fold from 2010/2011, going from £2.4million to £6.5million, and almost doubled from 2011/2012 with an increase to £11.4million. Its projected turnover for […]

  • Clarksons: South Korean yards reclaim throne in orders, while China claims dominance in ship owning

    14 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    South Korea’s shipbuilding prowess has once again taken the spotlight as it recaptured the top spot in global shipbuilding orders after a five-month hiatus. South Korean shipyards secured 44 percent of the global total of 3.33 million compensated gross tons (CGTs), accounting for orders totaling 1.46 million CGTs to construct 29 ships, July data from […]

  • Odyssey Confirms Identity and Location of SS Gairsoppa Shipwreck (Ireland)

    26 September 2011
    Business & Finance, Operations & Maintenance, Research & Development

      Odyssey Marine Exploration, Inc. announced that it has confirmed the identity and location of the shipwreck site of the SS Gairsoppa nearly 4,700 meters below the surface of the North Atlantic, approximately 300 miles off the coast of Ireland in international waters. The SS Gairsoppa was a 412-foot steel-hulled British cargo ship that was […]

  • Nigeria: Petrofac Enters into Strategic Alliance with Seven Energy

    25 November 2010
    Business & Finance

    Petrofac, the international oil & gas facilities service provider, has entered into a strategic alliance with Seven Energy International Limited (‘Seven Energy’), a leading Nigerian production and development company. Subject to certain conditions being met, Petrofac has agreed to invest US$100 million, funded from cash resources, to acquire a 15.0% interest (12.6% on a fully […]

  • 55 Million People Live Near Offshore Wind Power (USA)

    16 November 2011

    NRG Bluewater Wind President Peter Mandelstam used the proceeds from the 2001 sale of a wind project he built in Montana to found Bluewater Wind and focus on ocean wind. “I stopped doing on-land projects,” Mandelstam said, “because I could see the market was crowded, all the best sites were going to be taken up […]

  • Euronav, Cargill, and Chevron vow to adopt vessel optimization strategies at GMF summit

    20 October 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Industry giants Chevron, Euronav, and Cargill have announced their joint operational efficiency ambition statement as part of the Global Maritime Forum Annual Summit in Athens.  Under the ambition, the trio committed to adopt vessel optimization strategies that can decrease annual fuel consumption by 20%, reduce annual emissions by more than 200 million tonnes of CO2, […]

  • The Switch Enters Shipbuilding Sector

    31 October 2013

    The Switch has entered the marine and shipbuilding sector with the launch of its next-generation drive trains for energy efficient power generation and propulsion of merchant vessels. Combining The Switch’s permanent magnet and frequency converter technology, this opens up all-new opportunities for hybrid propulsion systems in the shipping sector. Next generation electrical drive trains based […]

  • Denmark and the Netherlands press ahead with green hydrogen cluster plans

    13 November 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Research & Development, Transition

    Danish green hydrogen producers and Dutch industrial market players have reiterated their commitment to developing a green hydrogen cluster in Northwestern Europe and welcomed a new partner to this initiative. The Danish-Dutch partnership aims to establish Northwest Europe’s leading green hydrogen cluster, bridging Danish production with Dutch demand. By enhancing green hydrogen infrastructure, the collaboration […]

  • 69 NGOs urge IMO to exclude biofuels from Global Fuel Standard

    17 February 2025
    Outlook & Strategy, Regulation & Policy

    The International Maritime Organization (IMO) and its 176 member states have been urged by 69 conservation NGOs to oppose the promotion of biofuels in international shipping and commit to a future powered by ‘genuine’ clean energy.

  • Louisiana CPRA introduces Master Plan for sustainable coast

    7 July 2022
    Business Developments & Projects, Technology

    The Louisiana Coastal Protection and Restoration Authority (CPRA) has announced the Louisiana Legislature’s unanimous approval of the Fiscal Year 2023 Annual Plan. CPRA’s Annual Plan provides an update on the state’s efforts to protect and restore its coast and describes the short-term and long-term results that Louisiana can expect to see as the state progresses […]

  • CPRA Highlights $1.2 Billion in Coastal Projects

    19 October 2017
    Business & Finance, Project & Tenders

    The Board of the Louisiana Coastal Protection and Restoration Authority (CPRA) held its monthly meeting in Belle Chasse in Plaquemines Parish and used the opportunity to spotlight billions of dollars in projects in the Southeast Louisiana region, and to report on innovative funding ideas being pursued to enable more Coastal Master Plan projects to get […]

  • UK: 2012 Another Remarkable Year for EMEC

    25 December 2012
    Business & Finance, Operations & Maintenance

    Demand for access to wave and tidal test sites at the European Marine Energy Centre has never been higher as the pioneering Orkney based facility gears up for its tenth anniversary year. All 14 of EMEC’s test berths – at its Billia Croo and Fall of Warness wave and tidal sites – are now contracted […]

  • MBARI’s Chemical Sensors for SOCCOM Program

    16 September 2014
    Equipment, Operations & Maintenance, Research & Development

    Ocean researchers are on the verge of gaining new insights about the changing Southern Ocean with help from sensors developed by a research team at the Monterey Bay Aquarium Research Institute (MBARI). These sensors will be implemented in the Southern Ocean Carbon and Climate Observations and Modeling (SOCCOM) program, which just received a $21 million […]

  • UK: Vodafone Reaches Agreement to Acquire CWW

    23 April 2012
    Business & Finance, Operations & Maintenance

    Vodafone Europe B.V. and Cable & Wireless Worldwide plc announce that they have reached agreement on the terms of a recommended cash offer pursuant to which Vodafone will acquire the entire issued and to be issued ordinary share capital of CWW. It is intended that the Offer will be effected by way of a Court-sanctioned […]

  • USA: Stratos Global Deploys StratosMAX II Broadband Service Across GoM

    1 September 2010
    Equipment

    Stratos Global, the leading global provider of advanced mobile and fixed-site remote communications solutions, today announced it has begun deployment of its new StratosMAX II broadband service across the Gulf of Mexico (GoM) region. The new StratosMAX II service provides last-mile radio connectivity accessing Stratos’ industry-leading digital microwave network. It connects customers back to shore […]

  • Active Methane Emission at Antarctic Seafloor Confirmed

    2 September 2014

    During an expedition with the German research vessel Polarstern off the sub-Antarctic island of South Georgia, an international team of scientists discovered more than 130 active methane seeps at the seafloor, Alfred Wegener Institute (AWI) said in a release. According to chief scientist and MARUM researcher Gerhard Bohrmann, this is the first report of greenhouse […]

  • MCS Hospital Ship Departs Naval Station San Diego for Humanitarian Mission

    7 May 2012

    Military Sealift Command hospital ship USNS Mercy (T-AH 19) departed Naval Station San Diego May 3, beginning its part in Pacific Partnership 2012, a four-and-a-half month humanitarian and civic assistance mission to Indonesia, the Philippines, Vietnam and Cambodia. Mercy is crewed by 70 civil service mariners working for MSC who operate and navigate the ship […]

  • Oil prices tumble after Saudi-Iran tensions sink output deal

    18 April 2016

    By Henning Gloystein SINGAPORE (Reuters) – Oil prices tumbled on Monday after a meeting by major exporters in Qatar collapsed without an agreement to freeze output, leaving the credibility of the OPEC producer cartel in tatters and the world awash with unwanted fuel. Tensions between Saudi Arabia and Iran were blamed for the failure, which […]

  • McDermott reports 1Q net loss of $50M

    7 May 2014
    Business & Finance, Equipment

    McDermott International, Inc.today announced financial results for the quarter ended March 31, 2014. The Company reported a first quarter net loss of $50 million or $0.21 per fully diluted share, and an operating loss of $42 million. The Company reported first quarter revenues of $604 million, a decrease of 25% percent compared to revenues of […]

  • Scientists Find Evidence of Active Methane Emission at Antarctic Seafloor

    2 September 2014
    Business & Finance, Research & Development

    During an expedition with the German research vessel Polarstern off the sub-Antarctic island of South Georgia, an international team of scientists discovered more than 130 active methane seeps at the seafloor. According to chief scientist and MARUM researcher Gerhard Bohrmann, this is the first report of greenhouse gases seeping out of the seabed in the Southern […]

  • Ziff Energy Launches Gas West for LNG Growth Study

    21 February 2014

    Ziff Energy, a division of HSB Solomon Associates, and Gas Processing Management (GPMi) announced the launch of the Gas West for LNG Growth Study, which analyzes the gas growth areas of the Western Canadian Sedimentary Basin in Alberta and British Columbia as key suppliers of natural gas to the developing liquefied natural gas (LNG) facilities […]