1235 results found for 'paragon'

1235 results found for 'paragon'
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  • Corpus Christi Port Entrance Cleared from Grounded Drillship

    5 September 2017

    Paragon Offshore’s drillship that was blocking the entrance to the Port of Corpus Christi after running aground due to Hurricane Havey has been recovered and towed to Gulf Marine Fabricators in Corpus Christi, Texas. The drillship Paragon DPDS1, which broke loose from its moorings and ran aground in Aransas Pass, was recovered on September 4, […]

  • Paragon Shipping Inc. Schedules Second Quarter 2008 Earnings Release, Dividend Declaration and Conference Call

    29 July 2008

    Jul 28, 2008 (Hugin via COMTEX) —-ATHENS, Greece, July 28, 2008 (PRIME NEWSWIRE) — Paragon Shipping Inc. (Nasdaq:PRGN), a global shipping transportation company specializing in dry bulk cargoes, today announced that its financial results for the second quarter and first half ended June 30, 2008 are scheduled to be released after the close of U.S. […]

  • Offshore Safety Directive: More safety or more administration?

    28 September 2015

    The European Union Offshore Safety Directive was issued in June 2013 and gave European member states until 19th July 2015 in which to bring the provisions into their own national laws and regulations. During Offshore Energy Exhibition & Conference in Amsterdam we have a look at the consequences of the new directive and share the experience […]

  • Orca gets cash boost for Songo Songo development

    15 June 2015

    Orca Exploration Group Inc.  is proceeding with the first phase of the Songo Songo gas field development in Tanzania, after the World Bank board approved the International Finance Corporation (“IFC”) financing. IFC has received approval by the board of World Bank for an investment by IFC of up to $60 million in the Company’s operating subsidiary, PanAfrican […]

  • Pancontinental Wins Exploration Licence Offshore Namibia

    5 July 2011
    Business & Finance

    Pancontinental Oil & Gas NL (“Pancontinental”) announces that late on 4 July 2011 it received a signed Petroleum Agreement (“PA”) and Petroleum Exploration Licence No. 0037 (“EL”) from the Ministry of Mines and Energy of the Republic of Namibia, effective 28 June 2011. The PA and EL area is located in the Walvis Basin offshore […]

  • AMEC Appoints Andy Sallis President of Oil & Gas Americas

    22 July 2011
    Business & Finance

    AMEC, the international engineering and project management company, has named Andy Sallis to the position of President, AMEC Oil & Gas Americas, responsible for Houston-based project operations, including supervision of joint ventures AMEC Black & McDonald in Canada and Paragon Angola in West Africa. Previously, Mr. Sallis served as Senior Vice President, Business Capture and […]

  • PHOTO: Jack-ups crowd the Port of Esbjerg

    19 August 2016
    Exploration & Production

    Danish Port of Esbjerg has posted a photo on social media showing several offshore jack-up drilling rigs lined up in the port. The photo, posted on Thursday, shows the jack-up installation vessel Pacific Osprey (far left) about to call the Port of Esbjerg after a job in the North Sea. The Pacific Osprey arrived at the […]

  • Semco Maritime makes room for pair of Maersk Drilling jack-ups

    19 August 2016
    Exploration & Production

    Two jack-up drilling rigs owned by the offshore drilling contractor Maersk Drilling recently arrived at Semco Maritime’s Invergordon shipyard facility.  Semco Maritime informed on Friday that the 2009-built jack-up rig Maersk Reacher will be berthed in Semco’s Queens Dock facility for an undisclosed duration, carrying out necessary upgrades and modifications. The rig up until recently worked […]

  • Greek shipping sets course for booming Asia

    18 May 2010

    As heavily indebted Greece slumps into a prolonged economic crisis, shipping industry players like Michael Bodouroglou are setting their course for Asian markets in the hunt for profits. “I would say it’s business better than usual. That’s primarily due to China. China has been importing raw materials big time,” Bodouroglou, chief executive at New York […]

  • Solstad Farstad secures work for platform suppliers operating in UK

    27 February 2018
    Business & Finance

    Offshore vessel owner Solstad Farstad has been awarded several new contracts for its platform supply vessels (PSVs). 

  • Lenders back Noble Corporation with new credit facility pledge

    20 December 2017
    Business & Finance

    Offshore driller Noble Corporation has received commitments from lenders to enter into a new credit facility, which is expected to close by the end of 2017. Noble informed on Wednesday that the new credit facility is expected to provide borrowing capacity of $1.5 billion with an expected maturity of January 2023. Additionally, the company would retain an incremental $300 […]

  • Minesto slashes costs, closes Wales office in major reorganization

    10 July 2025
    Business & Finance, Business Developments & Projects, Human Capital, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Vision

    Swedish tidal energy developer Minesto has finalized a reorganization process aimed at aligning the business for commercial rollout and reducing fixed costs. The changes include geographic consolidation, a trimmed management structure, and tighter product development integration. The company reports a 35% reduction in fixed costs as a result. Minesto has shut down its Holyhead office […]

  • TotalEnergies, CMA CGM unveil LNG bunkering logistics JV for ARA region

    23 July 2025
    Collaboration, Outlook & Strategy, Transition, Vision

    French energy major TotalEnergies and compatriot shipping and logistics company CMA CGM Group have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply solution at the Port of Rotterdam, the Netherlands.

  • Petrodec reactivates decades-old jack-up rig for decommissioning jobs

    10 March 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Operations & Maintenance, Project & Tenders

    Petrodec has reactivated Haeva jack-up rig to DNV standards and the unit is now reporting for duty as the company’s second decommissioning vessel.

  • VIDEO: Spirit lays out decommissioning plans for North Sea platform

    16 March 2018
    Exploration & Production

    Spirit Energy has launched a video of the decommissioning plans for the ST-1 platform in the southern North Sea.

  • Noble Corporation narrows second quarter loss

    2 August 2019
    Business & Finance, Exploration & Production

    Offshore drilling contractor Noble Corporation reduced its quarterly loss as its revenues grew during the second quarter of 2019.

  • Offshore Safety: Don’t fall in the paperwork trap

    14 October 2015

    Day two of Offshore Energy Exhibition & Conference (OEEC) being held in Amsterdam, the Netherlands, started with a technical session with offshore safety as a topic. As the EU Offshore Safety Directive (OSD) came into force in July 2015, this session looked at the consequences of the new directive and shared the experience of different stakeholders in […]

  • Beached Drillship Blocks Entrance to Port of Corpus Christi

    29 August 2017
    Business & Finance

    The Port of Corpus Christi is still closed for vessel traffic in the Hurricane Harvey aftermath as the entrance to the port has been obstructed following the grounding of a drillship. Namely, a laid-up drillship broke free from its mooring, sank a tugboat assigned to hold it in place and beached in the ship channel of […]

  • Pancontinental Begins 3D Seismic Survey in EL 0037 Offshore Namibia

    17 January 2014
    Business & Finance, Operations & Maintenance

    Pancontinental Oil & Gas NL advises that a 3D seismic survey has commenced in Licence area EL 0037 offshore Namibia. The 3D acquisition will be of approximately of 3,000 sq km and a second acquisition phase will cover approximately 1,000 km of 2D data. The total acquisition is expected take up to 120 days. The […]

  • Borr Drilling sells two jack-up rigs

    1 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Borr Drilling has decided to sell two jack-up rigs for total cash proceeds of $15.8 million.

  • ONGC Videsh set to enter Namibian offshore sector

    4 July 2017

    India’s ONGC Videsh is set to buy a share in an exploration licence offshore Namibia. The company on Tuesday said it had reached a binding agreement with Tullow Oil to buy 30 percent interest in Namibia Petroleum Exploration License 0037 for Blocks 2112A, 2012B and 2113B out of Tullow’s existing participating interest of 65% in […]

  • Brokers: Zodiac Maritime Splashes USD 280 Mn on Six Tankers

    26 September 2018
    Business & Finance

    UK-based Zodiac Maritime has embarked on a shopping spree.

  • Hurricane Harvey Aftermath: Texas Ports Recovery in Photos

    5 September 2017

    The ports along Texas coast have entered the recovery mode following the Hurricane Harvey that flooded parts of Southeast Texas amid historic rainfall. The hurricane, which was subsequently downgraded to a tropical storm, shut down ports leaving commercial vessels including oil tankers and cruise ships stranded off Texas, with some of them forced to divert […]

  • Three NYK Group Tankers in Singapore’s Green Ship Program

    10 December 2011
    Business & Finance

    Three Singapore-flag tankers owned by NYK Bulkship (Asia) Pte. Ltd., and NYK Group company, have been recognized in the Maritime and Port Authority of Singapore’s (MPA) Green Ship Programme for the Energy Efficiency Design Index (EEDI) certification received by these vessels. NBAsia is the first Asian shipping company to receive this recognition. The three ships […]

  • 22 Oil Tankers Waiting to Unload off Texas in Harvey Aftermath

    31 August 2017

    As of August 28, 22 oil tankers are stranded off Texas coast as they are unable to offload their cargo due to port closures, according to the US Department of Energy. The tankers are said to be carrying approximately 15.3 million barrels of imported crude oil near Texas ports. The Port of Corpus Christi remains […]