2640 results found for 'nord stream'

2640 results found for 'nord stream'
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  • Ship It Zero urges shipping companies to break up with fossil fuels

    26 May 2022
    Outlook & Strategy, Transition, Vessels, Vision

    The Ship It Zero coalition has urged shipping companies to cancel all new fossil fuel newbuilds in their orderbooks and invest only in zero-emission technologies and fuels for their future global fleets.

  • ConocoPhillips Q1 Earnings Hit USD 2.9 Billion (USA)

    23 April 2012

    ConocoPhillips today reported first-quarter earnings of $2.9 billion, compared with first-quarter 2011 earnings of $3.0 billion. Excluding $330 million of special items, first-quarter 2012 adjusted earnings were $2.6 billion. Special items were primarily related to gains on asset dispositions, partially offset by impairments and repositioning costs. “We operated according to plan during the first quarter […]

  • Wave of consolidation ready to hit the offshore drilling industry (or not?)

    21 September 2017
    Exploration & Production

    By: David Carter Shinn Rig owners’ aversion to consolidation creates a barrier which slows progress toward efficiency. Competition is vital to a well-functioning market. As we’ve seen throughout history, when there are too few players, prices rise and freedom of selection decreases. When there are too many players, growth and profitability become more difficult to attain. […]

  • Global Tech I Transformer Station Successfully Installed (Germany)

    9 May 2013

    Yesterday, the transformer station for the offshore wind farm Global Tech I was successfully installed. The offshore platform is a core element of the North Sea wind farm: The power from its 80 wind turbines is gathered here and transformed from 30 to 155 kilovolts. The transmission grid operator will subsequently draw power from the […]

  • Due Diligence: Looking beyond Financial Performance

    8 May 2017

    By DNV GL With oil and gas industry mergers and acquisitions expected to pick up this year, buyers and sellers need to focus on more than financials during due diligence. Other key considerations include environmental and safety impacts of projects or assets. Companies in the oil and gas sector are expecting increased merger and acquisition […]

  • Statoil Presents Long Term Growth Outlook (Norway)

    20 June 2011

    Today, Statoil presented its long term growth outlook. The company expects to raise production from around 1,9 million barrels in 2010 to above 2.5 million barrels of oil equivalents per day in 2020. With premium positions on a revitalised Norwegian Continental Shelf (NCS) and a world class project portfolio, Statoil is positioned to deliver strong […]

  • Chinese shipbuilder delivers MODEC’s new giant FPSO destined for Brazilian waters

    30 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Dalian Shipbuilding has delivered a floating production storage and offloading (FPSO) vessel bound for an Equinor-operated field off Brazil.

  • Switzerland: Foster Wheeler Appoints J. Kent Masters as CEO, Effective October 1

    25 July 2011
    Business & Finance

    Foster Wheeler AG  announced today that its board of directors has approved a senior leadership succession plan under which J. Kent Masters, 50, will become the company’s Chief Executive Officer, effective October 1, 2011. It is expected that he will stand for election to the company’s board of directors as soon as practicable after October […]

  • Aker Solutions wins FEED job for electrification of Troll platforms

    15 January 2020
    Business & Finance

    Equinor has awarded Aker Solutions a front-end engineering and design contract (FEED) for topside modifications to accommodate power from shore at the Troll B and C platforms located offshore Norway. 

  • Global Tech I Offshore Transformer Station Successfully Installed Off Germany

    9 May 2013
    Business & Finance, Operations & Maintenance

    Recently the transformer station for the offshore wind farm Global Tech I was successfully installed. The offshore platform is a core element of the North Sea wind farm: The power from its 80 wind turbines is gathered here and transformed from 30 to 155 kilovolts. The transmission grid operator will subsequently draw power from the […]

  • Enegi, Advanced Buoy Technology Enter JV Agreement

    29 May 2013
    Business & Finance, Equipment

    Enegi, the independent oil and gas Company with a portfolio of assets located in the UK North Sea, Newfoundland Canada, Ireland, and Jordan has announced that, following the initial success of the strategic partnership between Enegi and Advanced Buoy Technology (ABTechnology) Limited (“ABT”), the Company has now entered into a formal Joint Venture agreement (“JV”) […]

  • Coronavirus Outbreak: VLCCs Hit the Hardest

    17 February 2020

    The daily cost of hiring a VLCC for 12 months has fallen by over 20% in the last month.

  • Construction of Second Queen Elizabeth Class Aircraft Carrier HMS Prince of Wales Kicks Off

    17 February 2012

    Production on HMS PRINCE OF WALES, the second Queen Elizabeth Class aircraft carrier, has started at BAE Systems in Portsmouth Naval Base – the future home of the Queen Elizabeth Class. Work on the forward section of the hull, known as Lower Block 02, commenced as Commander-in -Chief Fleet Admiral George Zambellas cut the first […]

  • TechnipFMC: It’s a wrap on Guyana’s flagship $1.9 billion gas-to-energy project (Video)

    30 August 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Infrastructure, Regulation & Policy, Technology, Transition, Vessels

    TechnipFMC has put the finishing touches on its assignment at a gas-to-energy (GtE) project off Guyana’s Atlantic coast, which is envisioned to enable infrastructure buildout required to allow for natural gas to be transported from an oilfield in the waters of the prolific Stabroek Block to an integrated natural gas liquid (NGL) plant and a 300 MW combined cycle power plant at Wales.

  • Renewables Industry Forced to Search for Innovative Financing Solutions

    28 August 2013

    The tradeoff between rising energy costs and the low carbon agenda continues to see policy makers retreating from traditional renewable energy support mechanisms; forcing the industry to look for innovative financing solutions. At the same time, energy mix optimization has come to the fore, particularly in emerging markets, with governments increasingly seeing the need to […]

  • USA: ConocoPhillips 1Q Profit Rises

    27 April 2011

      ConocoPhillips today reported first-quarter earnings of $3.0 billion, compared with first-quarter 2010 earnings of $2.1 billion. Excluding gains from asset dispositions, first-quarter 2011 adjusted earnings were $2.6 billion, or $1.82 per share. “While our financial results were much improved from a year ago, E&P production and R&M capacity utilization did not meet our targets,” […]

  • Offshore wind: Both challenges and enormous opportunities lie ahead

    8 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition, Vision

    The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instability and cost inflation which has resulted in […]

  • BW Energy pens $150 million deal for production facility working offshore Gabon

    30 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    BW Energy has inked a sale and lease back agreement with Minsheng Financial Leasing Co (MSFL) for an offshore production facility.

  • Fehmarnbelt immersed tunnel construction set for January 2021

    23 May 2020
    Infrastructure

    Construction of the Fehmarnbelt immersed tunnel, connecting Denmark and Germany, is set to begin on January 01, 2021. The 18-meter long Fehmarnbelt link will connect Rødbyhavn on Lolland and the German island of Fehmarn. The Danish authorities have given the approval for the start of construction. The work on the German side is planned to begin […]

  • Norway: Statoil’s Visund South Comes On Stream

    22 November 2012
    Business & Finance, Operations & Maintenance

    Statoil and partners have started up production on the Visund South oil and gas field in the North Sea. Visund South is the first of Statoil’s fast-track portfolio projects. “This is a milestone,” says Hogne Pedersen, head of field development on Visund South. “We’ve managed to carry out this project in accordance with our planning […]

  • ITF: 19 abandoned seafarers set to be repatriated after two-year-long ordeal

    17 June 2021
    Authorities & Government, Human Capital, Regulation & Policy, Vessels

    Nineteen seafarers from India, Bangladesh, Turkey and Azerbaijan will be able to see their families again this week after their two-year ordeal finally comes to a close. The seafarers were left abandoned onboard MV Ula bulk carrier as part of a larger crew of 25 when the ship’s owner Aswan Trading and Contracting, stopped paying their wages […]

  • EMGS targeting $30 million offshore data acquisition project

    29 March 2019

    Offshore oil and gas data acquisition company Electromagnetic Geoservices is working to secure a contract worth more than $30 million.

  • Another oil and gas operator shrinks 2020 budget

    17 March 2020
    Business & Finance

    U.S.-based oil & gas operator W&T Offshore has reduced its capital expenditure budget for 2020 and that it has added natural gas costless collars to its hedging portfolio.

  • Controlling the hidden financial and environmental costs of biofouling

    10 June 2024
    Environment, Infrastructure, Safety, Vessels

    One often overlooked contributor to a ship’s fuel efficiency and total emissions is the impact of biofouling.

  • Massive $12.5B gas project over two-thirds done as Saipem puts in ‘critical piece of infrastructure’ offshore Australia

    11 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Woodside is continuing to make inroads in developing its giant energy project off the coast of Australia.