7624 results found for 'leni'

7624 results found for 'leni'
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  • South Stream Offshore Section Construction Progresses According to Schedule

    12 June 2013
    Business & Finance, Operations & Maintenance

    Alexey Miller, Chairman of the Gazprom Management Committee took part in a meeting of the South Stream Transport Board of Directors in Amsterdam (Netherlands). The Board Members addressed various issues regarding the progress with the offshore section of the South Stream gas pipeline. The meeting highlighted that the offshore section construction was progressing according to […]

  • Yinson gets final payment for Ghana FPSO stake sale

    20 June 2019
    Infrastructure

    Yinson has received a $13 million payment from a Japanese consortium

  • DW: O&G operators to shift away from troubled deepwater areas

    6 February 2017

    Hydrocarbon production from the ‘Golden Triangle’ will peak in 2019 due to the lack of projects sanctioned in recent years, the energy intelligence group Douglas-Westwood said in its DW Monday report.  The Golden Triangle incorporates the deepwater (>500 m water depth) plays of Brazil, the U.S. Gulf of Mexico and West Africa. According to the […]

  • TGS sells seismic data for carbon capture project

    5 December 2019

    TGS has completed the sale of one of its seismic datasets to OGCI Climate Investments’ Net Zero Teesside project, a carbon capture, utilization and storage (CCUS) initiative planned for the North East of England.

  • Neptune to raise production by 110,000 boepd in next two years

    22 November 2019

    Oil and gas company Neptune Energy has stated that its new projects would raise production by 110,000 barrels of oil equivalent (boe) per day in the next two years.

  • Yinson hit with FPSO deal termination after Aker Energy defers Pecan project

    1 April 2020
    Infrastructure, Project & Tenders

    Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, Aker Energy terminated its agreement with Yinson for the provision of an FPSO for the project. 

  • The Netherlands: SBM Offshore Records First Half Net Loss of USD 250.8 Million

    18 August 2011
    Business & Finance

    SBM Offshore today announced half-year results for 2011. Financial Highlights Turnover of US$ 1,461 million (US$ 1,378 million in H1 2010); EBITDA of US$ 359.7 million (EBITDA of US$ 293.5 million in H1 2010); US$ 450 million impairment charge booked in H1 2011, as already announced on 28 July 2011; Net loss of US$ (250.8) […]

  • Chalk Fields Still Have a Lot to Offer, NPD Says

    17 October 2011
    Business & Finance

    The Norwegian Petroleum Directorate (NPD), the Danish Energy Agency and ten oil companies will cooperate on research and development and share experience to improve recovery from chalk fields on the Norwegian and Danish shelves. The NPD and the Danish Energy Agency have taken the initiative for the Joint Chalk Research programme phase 7. Since 1982, […]

  • Norway: Statoil Installs New Compressor Module on Kristin Platform

    14 December 2010
    Business & Finance, Equipment

      Statoil has decided to install a new compressor module on the Kristin platform together with the Kristin and Tyrihans licence owners. The module will increase recovery from the field. “The investment decision will result in increased reserves and accelerated production, prolonging the lifetime of the Kristin field and associated installations up until the years […]

  • Foster Wheeler Wins Pre-FEED and FEED for Perla Early Production Facilities in the Gulf of Venezuela

    12 October 2010
    Business & Finance

    Foster Wheeler AG,announced today that its Global Engineering and Construction Group has been awarded a pre-front-end engineering design (pre-FEED) and front-end engineering design (FEED) contract by Cardon IV, S.A., for new production facilities at the Perla field, located in the Gulf of Venezuela, Caribbean Sea. Cardon IV S.A. is a joint venture company owned by […]

  • MPE Announces Great Interest in 22nd Licensing Round on Norwegian Continental Shelf

    5 December 2012
    Business & Finance, Research & Development

    The Ministry of Petroleum and Energy has received applications from 36 companies by the deadline for applications in the 22nd licensing round on the Norwegian continental shelf. The Ministry intends to award new production licences before the summer of 2013. “I am pleased to see such extensive, broad interest in the 22nd licensing round. The […]

  • Fitch: Current oil prices unsustainable in the long run

    10 May 2016

    Average full-cycle costs at major European oil companies fell by 13% last year, according to Fitch Ratings’ analysis. All-in upstream costs remain well above current oil and gas prices, but the integrated business model of these firms make them more resilient to low crude prices. According to the credit ratings agency, they saw a less-steep […]

  • KazMunaiGas to shed half of Kashagan field stake

    30 September 2015
    Business & Finance

    KazMunaiGas, the state-owned oil and gas company of Kazakhstan, is reportedly selling half of its stake in the Kashagan oil field, in the Caspian Sea, to the sovereign wealth fund Samruk-Kazyna for $4.7 billion.  KazMunaiGas has 16.81 percent stake in the offshore field and other partners in the project include ExxonMobil, Shell, Total, Eni, CNPC and INPEX. […]

  • DNV GL: ‘Carbon Robust’ Approach to Meet CO2 Regulations

    10 September 2018
    Business & Finance

    DNV GL – Maritime released the Maritime Forecast to 2050, further developing its concept of “carbon robust” ship design.

  • W&T Offshore to acquire stake in Anadarko’s Heidelberg field

    12 March 2018

    W&T Offshore was the successful bidder on an interest in three blocks in the Heidelberg field in the Gulf of Mexico.

  • Italy: Saipem Nets USD 600 Million in Offshore/Onshore Drilling Contracts

    20 June 2011
    Business & Finance

      Saipem has been awarded new offshore and onshore drilling contracts worth $ 600 million.  Saipem has been awarded the contract by Eni to extend the charter of the Saipem 10000 drillship for the duration of 24 months, starting from August 2012. Saipem 10000 is an ultra deepwater drillship, capable of operating in water depths […]

  • OPT Narrows Quarterly Loss; Full-Year Loss Widens

    23 July 2019
    Technology

    Ocean Power Technologies (OPT) has reported net loss for the fourth quarter of fiscal 2019 of $2.5 million, compared to a net loss of $3.3 million for the prior-year period. The decrease in net loss was mainly attributable to lower cost of revenue as a result of timing on new contracts and the decrease in […]

  • ADNOC’s African footprint grows with acquisition of stake in block off Mozambique

    28 March 2025
    Business & Finance, Business Developments & Projects

    Portugal’s oil and gas company Galp has completed the sale of its upstream assets offshore Mozambique to XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC).

  • Decarbonization: Oil & gas industry’s biggest challenge

    2 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    There is no denying that the oil and gas industry faces multiple challenges, however, Global Data has selected the pressure to decarbonize and diversify products as the largest, driven by climate concerns and increasing carbon taxes imposed by governments, which is perceived to threaten oil and gas companies’ profits.

  • Yinson selects crane duo for its Angola-bound FPSO

    8 April 2025
    Business Developments & Projects, Equipment, Project & Tenders, Vessels

    Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has decided to equip its floating production storage and offloading (FPSO) unit with two cranes made by construction equipment manufacturer Liebherr.

  • ROVOP tucks ‘largest field support contract’ under its belt

    24 August 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    ROVOP has been hired by Energean, enabling it to deploy an ROV onboard the gas-focused player’s field support vessel off Israel.

  • ORPC picks turbine shafts supplier for tidal power systems

    20 May 2022
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Technology

    US-based marine energy company Ocean Renewable Power Company (ORPC) has selected Millinocket Fabrication & Machine to manufacture the turbine shafts for its portfolio of tidal power systems.

  • UK takes another look at Severn Estuary’s tidal energy prospects

    14 March 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology

    A new independent commission has been announced to explore the potential for tidal energy generation from the Severn Estuary, a large body of water located between England and Wales.

  • Australia: New CEO to Oversee Port of Hastings Development

    12 February 2013
    Business & Finance

    Former Australian Defence Force Commander, Lieutenant Colonel (Ret.) Mike Lean, will lead the development and expansion of Victoria’s second international container port, Port of Hastings Development Authority (PoHDA) Chair, Yehudi Blacher, announced today. Mr Blacher said Mr Lean’s appointment as Chief Executive Officer came at a critical time for PoHDA, as planning for the expansion […]

  • Lakes Water Levels on the Rise, but Not Full Loads

    11 July 2014
    Business & Finance

    The rise in Great Lakes water levels has yet to translate into full loads for the U.S.-flag freighters moving iron ore, coal, limestone, cement and other cargos. Vessels continue to routinely leave port with less than a full load on board. The largest iron ore cargo moved by a U.S.-flag laker through the Soo Locks […]