7650 results found for 'leni'

7650 results found for 'leni'
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  • Saipem in profit warning as margins deteriorate due to pandemic and rising costs

    31 January 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Rules & Regulation

    Following a revision of its backlog, Saipem has withdrawn its outlook from October 2021, citing significant deterioration of some projects’ margins.

  • Ireland launches Atlantic Margin licensing round

    19 June 2014

    Ireland’s Minister for Natural Resources Fergus O’Dowd yesterday announced the details of the 2015 Atlantic Margin Oil and Gas Exploration Licensing Round.

  • World’s largest floating offshore wind farm to start producing by year-end

    30 August 2022
    Business Developments & Projects, Project & Tenders

    The 11-turbine Hywind Tampen, the world’s first floating wind farm to power offshore oil and gas platforms, is close to producing its first power, according to Equinor’s latest press release. A milestone was reached when the first subsea cables were laid by Subsea 7 and the connection was made to Gulfaks A in July. The […]

  • Serica Energy makes a play for UK oil & gas firm to expand its portfolio

    12 December 2024
    Business & Finance, Business Developments & Projects

    Serica Energy has set the wheels in motion to bring two additional licenses on the UK Continental Shelf (UKCS) under its fold by acquiring a compatriot player, Parkmead (E&P) Limited (PUK) from Parkmead Group.

  • Wood Group makes $2.7B takeover offer for Amec Foster Wheeler

    13 March 2017

    UK-based energy services company Wood Group has made an offer to acquire its compatriot consultancy, engineering and project management company, Amec Foster Wheeler.  The two companies said on Monday they have agreed the terms of a recommended all-share offer by Wood Group to acquire the entire issued and to be issued share capital of Amec Foster Wheeler. […]

  • Scotland sets up new oil & gas strategy to secure growth

    8 February 2016

    The Scottish Government has responded to industry challenges by setting up a new plan for long term oil and gas industry growth.  According to the government’s statement on Monday, a new oil and gas strategy calls for a transformed supply chain to drive efficiency, innovation and internationalisation to ensure a long and vibrant future for the […]

  • ICS Clamps Down on Efficiency Indexing of Individual Ships

    3 July 2018
    Rules & Regulation

    ICS voiced its fierce opposition to the concept of mandatory operational efficiency indexing of individual ships.

  • Hafren Power Scheme Fails to Prove Acceptability (UK)

    10 June 2013
    Business & Finance, Research & Development

    A tidal barrage across the Severn could contribute to energy and climate objectives, but the Hafren Power scheme has failed to demonstrate economic, environmental and public acceptability, according to MPs on the Energy and Climate Change Select Committee. Tim Yeo MP, Chairman of the Energy and Climate Change Committee, commented: “It became clear during the […]

  • EBH SA Takes Skills Development to Higher Levels

    10 September 2013

    Since the beginning of 2000, the South African manufacturing sector has been affected by a prevailing technical skills shortage. This has seen many qualified technical employees leaving the local sector for perceived greener pastures and more lucrative international contracts. The aftermath of the 2008/9 global recession has also meant that many companies have found it […]

  • Shell takes stock of its net zero journey fueled by $5.6 billion investment in 2023

    22 May 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Shell has funneled $5.6 billion into its energy transition agenda last year while continuing to bankroll oil and gas projects.

  • Faroe Acquires Operated Interests in Ketch and Schooner Fields

    30 April 2014
    Business & Finance, Project & Tenders

    Faroe Petroleum, the independent oil and gas company, announces the conditional acquisition of a 60% operated interest in the Ketch Field and a 53.1% operated interest in the Schooner Field in the UK Southern North Sea gas basin from Tullow Oil SK Limited, a subsidiary of Tullow Oil plc, for an initial consideration of £35m. […]

  • ExxonMobil’s first development off Guyana found to be in breach of oil spill insurance obligations

    5 May 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy

    A Guyanese court recently ruled that ExxonMobil is in breach of oil spill insurance obligations for its first oil project located off Guyana.

  • Shell picks OneSubsea for Ormen Lange subsea compression system

    1 November 2019

    Schlumberger’s subsea systems division OneSubsea has signed a frame agreement with Norske Shell to supply a subsea multiphase compression system for the large Ormen Lange gas field in the Norwegian Sea.

  • Allseas stops Nord Stream 2 works citing U.S. sanctions

    23 December 2019
    Project & Tenders

    Offshore installation contractor Allseas has suspended pipelaying works on the Nord Stream 2 gas pipeline linking Russia and Germany, citing the sanctions from the U.S. introduced on December 20.

  • Orion Marine Group Updates Investors (USA)

    20 September 2013

    Orion Marine Group, Inc.  continues to enjoy a steady demand for its heavy civil marine construction services, and overall, has continued to see a healthy pace of bid opportunities, particularly in the private sector. Quarter to date, the Company has bid on approximately $290 million worth of opportunities and was successful on approximately $65 million, […]

  • Fincantieri Announces Technology Partnership with Russia Focusing on Innovation

    27 November 2013
    Business & Finance, Research & Development

    During the Italy-Russia Business Forum, being held in Trieste, Fincantieri announced, in the presence of Enrico Letta, Italy’s President of the Council of Ministers, and Vladimir Putin, President of the Russian Federation, the signing of an agreement to define plans for a drillship featuring frontline innovation and technology, and the securing of a contract to […]

  • APPEA: LNG Delivers Greenhouse Benefit (Australia)

    10 April 2011

      The Australian Petroleum Production & Exploration Association (APPEA) has used the opening of its largest ever conference and exhibition to release an independent study outlining the potential global greenhouse gas benefits associated with Australia expanding its liquefied natural gas (LNG) industry. Produced by the global engineering consultancy WorleyParsons, Greenhouse Gas Emissions Study of Australian […]

  • UK: DECC Publishes Draft Electricity Market Reform Delivery Plan

    17 July 2013
    Authorities & Government, Business & Finance

    Investors will receive further certainty today of how the government will support investment in new energy infrastructure through the Energy Bill, in order to keep the lights on and bills and emissions down. The draft Electricity Market Reform Delivery Plan, published today for consultation, provides detail on the support mechanism (long-term Contracts for Difference) and […]

  • All-Energy 2013: Post-Show Facts and Figures (UK)

    20 June 2013

    With two Ministers both making powerful and highly significant statements, All-Energy got off to a flying start when the thirteenth in the annual series was held 22 and 23 May at Aberdeen Exhibition and Conference Centre. Rt Hon Ed Davey MP, Secretary of State, Department of Energy and Climate Change (DECC) was able to announce […]

  • EBH SA Plays Proactive Role in Job Creation to Mitigate Maritime Industry Challenges

    31 October 2013
    Business & Finance

    One of the greatest challenges which industry has to overcome is the current skills crisis which is severely affecting production, as existing resources are stretched to the limit in an effort to meet production targets. However, this is only one aspect of the problem. The challenge of an experienced yet ageing workforce is also a […]

  • Subsea UK Marks Aberdeen Annual Conference Most Successful (UK)

    13 February 2012

    Subsea UK has marked its Aberdeen annual conference and exhibition as the most successful after attracting a record number of visitors reaching over 3,000 at this year’s Subsea 2012 – an increase of 700 on last year. With 130 exhibitors, Subsea UK’s flagship event was described as a “hive of activity” by attendees who developed […]

  • Pakistan: Karachi Port Trust in Hot Waters Over PDWCP

    23 September 2011

    The Karachi Port Trust (KPT) is in hot waters as a sub-committee of the senate’s standing committee on ports and shipping has started probing into what the committee members perceive as “wastage” of over Rs19 billion by the port operator in its stalled Dredging and Reclamation project at the $1.6 billion Pakistan Deep Water Container […]

  • Winds of change sweep across UK’s energy sector

    11 March 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    The UK has decided to pull out of the Energy Charter Treaty (ECT) and prolong the windfall tax on oil and gas producers’ profits.

  • What is being said about UK’s £20 bln funding for carbon capture and storage projects?

    16 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    As part of the UK’s 2023 Spring Budget, £20 billion (nearly $24.2 billion) funding has been unveiled to scale up carbon capture and storage (CCS) projects. The energy industry sees this funding as a way to speed up decarbonisation across the UK and step up the shift towards renewables.

  • Noble Financial Results Increase

    17 October 2013
    Business & Finance

    Noble Corporation today reported third quarter 2013 earnings of $282 million, or $1.10 per diluted share. Results for the quarter included the sale of the jack-up rig Noble Lewis Dugger, which closed in July, a settlement relating to the 2010 acquisition of Frontier Drilling and an impairment charge taken on two submersible rigs. The net […]