5823 results found for 'gorgon'

5823 results found for 'gorgon'
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  • Bermuda: Seawell to Acquire Allis-Chalmers Energy in US$890 M Transaction

    13 August 2010
    Business & Finance

    Seadrill’s majority owned subsidiary Seawell Limited and Allis-Chalmers Energy Inc. announce that their Boards of Directors have unanimously approved a definitive merger agreement providing for the acquisition of Allis-Chalmers by Seawell in a transaction valued at approximately US$890 million (including assumed debt). The combined company will have approximately 6,500 employees and is projected by equity […]

  • Jersey player in the running for acreage offshore Brunei

    12 May 2025
    Business Developments & Projects, Project & Tenders

    Jersey-based and London Stock Exchange-listed upstream oil and gas company Upland Resources is being considered for the award of acreage as part of the 2025 Brunei offshore licensing round organized by the Petroleum Authority of Brunei (PAB).

  • Op-ed: Different rules, same game – Thinking differently about UK’s energy future

    28 October 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Terry Allan, CEO of Aberdeen-headquartered nexos, delves into the intricate complexities of the energy industry’s version of a high-stakes poker game in the United Kingdom (UK).

  • Top Interviews of 2015

    28 December 2015
    Business & Finance

    During the year, Subsea World News has conducted interviews with the representatives of some of the biggest players in the industry, revealing their current projects and future plans. In 2015 we’ve seen the establishment of several new companies in the industry, and we spoke with the representatives of Technip and FMC Technologies about their newly […]

  • Navy Names New Scripps Research Vessel ‘Sally Ride’ (USA)

    16 April 2013
    Business & Finance, Research & Development

    U.S. Secretary of the Navy Ray Mabus announced the nation’s newest research vessel will be named R/V Sally Ride, in honor of the former UC San Diego faculty member who was the first American female astronaut and the youngest American to fly in space. The ship is owned by the U.S. Navy, will be operated […]

  • INTERVIEW: Bureau Veritas Exceeds Expectations (The Netherlands)

    12 November 2012
    Business & Finance

    On the second day of the Offshore Energy Exhibition and Conference held in Amsterdam RAI, one of our reporters made an exclusive interview with the Director Industry of Bureau Veritas Mr. Yvo Jansen. Hereby we are bringing you a part of their conversation. – What is the process behind acquiring a regulatory certificate in the […]

  • With $64.5 billion merger in the works, ExxonMobil set on reinforcing US energy security and curbing emissions

    12 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ExxonMobil is in the process of acquiring Pioneer Natural Resources in an all-stock transaction, which will expand its U.S. footprint.

  • Crown Estate Announces Record Profit of USD 369.1 Million (UK)

    7 July 2011
    Business & Finance

      The Crown Estate earned a net profit (income surplus) of £230.9 million in the year ending 31 March 2011, up 9.6 per cent on the previous year. This marks a record return for the business, which pays its profit to the Treasury for the benefit of the nation’s finances. For the first time The […]

  • The Netherlands: Dockwise Supports Combination with Boskalis

    13 February 2013
    Business & Finance

    The Board of Directors of Dockwise has unanimously resolved to support the combination of Dockwise and Boskalis and to recommend the mandatory cash offer by Boskalis of EUR 18.50 / NOK 137.65 per share cum dividend for all of the issued and outstanding common shares in the capital of Dockwise. Boskalis welcomes the position of […]

  • WTIVs: Wind Turbine Installation Vessels: New optimism

    2 December 2015

    The rugby world cup tournament is about to start in England as this article is being written. Just as the rugby fans will have waited 4 years for the whistle to announce the start of the first match, England versus Fiji, so the offshore wind industry has waited eagerly for the whistle to start for […]

  • OAA 2014 honors offshore industry talents

    21 March 2014
    Business & Finance

    Some of the offshore industry’s most innovative and successful companies and individuals were recognised at the 2014 Offshore Achievement Awards, with Decom North Sea chief executive Brian Nixon picking up the Significant Achievement Accolade. Hydrasun received the award for Great Large Company, whilst Coretrax was named Great Small Company. Steve Walton, highly-regarded across the industry […]

  • Op-ed: Tony Lewis on the exciting potential of wave energy

    28 December 2022
    Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Technology, Transition, Vision

    In an op-ed piece, Tony Lewis, chief technology officer at OceanEnergy, sheds more light on the potential of wave energy and the expectations from the WEDUSEA project, being coordinated by the Ireland-based company.

  • Effects of Diving on Health and Circulatory System (Study)

    22 April 2015
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Scuba diving exposes you to many effects, including immersion, cold, hyperbaric gases, elevated breathing pressure, exercise and stress, as well as a postdive risk of gas bubbles circulating in your blood. Your heart’s capacity to support an elevated blood output decreases with age and with disease. Having a healthy heart is of the utmost importance […]

  • NJROTC Receives ONR SeaPerch Underwater Robotic Kits (USA)

    18 September 2012
    Business & Finance, Equipment

    Navy Junior Reserve Officers Training Corps (NJROTC) across the country began receiving the Office of Naval Research (ONR) SeaPerch underwater robotic kit. Striving for more Science, Technology, Engineering and Mathematics (STEM) courses, numerous schools around the U.S. are adding to SeaPerch to their unit curriculum this school year. SeaPerch is an innovative underwater robotics program […]

  • INSIGHT-How Israel turned a gas bonanza into an antitrust headache

    2 October 2015

    By Steven Scheer JERUSALEM (Reuters) – When the Leviathan gas field was discovered off the coast of Israel in 2010, it was pitched as a game-changer — a vast energy reserve that would transform the economy and bolster public finances for years to come. Five years on, poor policymaking, political infighting and a battle between […]

  • Big Oil back on the acquisition trail as outlook brightens

    20 January 2017

    The world’s top oil companies are back in acquisition mode, targeting smaller exploration and development firms to boost oil and gas reserves rather than the mega-mergers that followed previous slumps in crude prices.

  • USA: Offshore Wind Forging Ahead

    9 October 2014
    Business & Finance

    Offshore wind energy projects off the coasts of Rhode Island and Massachusetts are aiming to start construction next year and bring an energy source familiar in Europe to the U.S. for the first time, company executives said this week in Atlantic City at the industry’s major annual conference. “This is the year it happens,” said […]

  • EMEC reflects on favorable waves and tides of 2018

    25 December 2018
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    The team of the European Marine Energy Centre (EMEC) has made a recap of the achievements made throughout 2018 at the world-renowned Orkney-based testing center that were nothing short of remarkable, and included the proving of viability of tidal energy with GWh’s of generation, continued demonstration of the survivability of wave energy, backed with major hydrogen related projects and other marine renewable energy milestones.

  • Scottish First Minister Visits Abu Dhabi (UAE)

    17 January 2012
    Authorities & Government

    Scotland’s First Minister Alex Salmond today met with UN Secretary General Ban Ki Moon and Premier Wen of China and shared his vision of a global society with a secure energy future. The First Minister took part in a majilis – a public audience held by the ruler Mohammed bin Zayed Al Nahyan Crown Prince […]

  • Scottish First Minister Visits Abu Dhabi (UAE)

    17 January 2012
    Authorities & Government

    Scotland’s First Minister Alex Salmond today met with UN Secretary General Ban Ki Moon and Premier Wen of China and shared his vision of a global society with a secure energy future. The First Minister took part in a majilis – a public audience held by the ruler Mohammed bin Zayed Al Nahyan Crown Prince […]

  • $600M investment for CHC

    22 August 2014
    Equipment

    Offshore helicopters owner CHC Group Ltd. and Clayton, Dubilier & Rice (CD&R) today announced they have entered into definitive agreements for CD&R managed funds to invest $500 million in CHC through the purchase of convertible preferred shares to be issued in a private placement.   As part of the transaction, CHC also intends to pursue […]

  • USACE to Expand Port Orford Dredge Placement Area

    27 October 2017
    Business & Finance

    The U.S. Army Corps of Engineers is seeking public comments on a proposal to expand the nearshore dredge material placement site that is currently being used for the maintenance of navigation channel near Port Orford. The Corps’ proposal would double the size of the placement area, expanding the southern boundary of the existing 800-by-800 feet area […]

  • In focus: Backed with government and private funding, offshore energy and shipping industries go full steam ahead towards net-zero future

    1 September 2023
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Regulation & Policy, Technology, Vessels

    Europe and the United States have set in place a number of funding programs designed to boost and accelerate the development of a very diverse ‘clean energy sector’, which is being backed by significant initiatives from the major players coming from the more established maritime and oil and gas industries, which are becoming increasingly aware that the clean future has no other alternative.

  • Shell gets nod to drill into oil-bearing zones offshore Alaska

    18 August 2015
    Exploration & Production

    Shell has obtained an approval to go deeper, into oil-bearing zones, with its exploration in the Chukchi Sea, offshore Alaska. Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno on Monday announced that Shell received approval of one Application for Permit to Modify (APM) to conduct exploratory drilling activities into potential oil-bearing zones offshore Alaska […]

  • Stronger female influence needed in the UK’s energy sector, PfW says

    13 June 2014

    Baroness Verma, Parliamentary Under Secretary of State for Energy and Climate Change, yesterday launched POWERful Women (PfW) – a new, professional initiative to showcase female leadership potential in the UK’s energy sector.