Search results for: potential

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  • 27 July 2010
    Business & Finance

    Talisman Energy Inc.  reported its operating and financial results for the second quarter of 2010. – Cash flow(1) during the quarter was $812 million compared to $897 million a year ago and $837 million in the previous quarter. Excluding the effect of financial instruments, cash flow was approximately 20% higher than the second quarter of […]

  • 24 April 2019

    Norwegian oil and gas company Equinor has submitted an environment plan to Australian offshore regulator for its proposed petroleum drilling activity in the Great Australian Bight.

  • 2 April 2019

    By Stefano Santoni – Product & Market Manager, Wind Energy & Heavy Duty Division – DAVI. According to the report of the Global Wind Energy Council (GWEC), the global offshore wind market experienced a growth of 4.49GW of new capacity in 2018. The Global Wind Report acknowledges that nowadays there’s a total of 23GW of offshore […]

  • 4 August 2017

    The UK is getting a new decommissioning company in the North Sea arena, named Well-Safe Solutions, which has promised to create 400 jobs. According to the company’s statement on Friday, Well-Safe Solutions has been set up by “a group of oil industry stalwarts” – including Alasdair Locke, Mark Patterson, and Paul Warwick. The company promises […]

  • 13 June 2016

    Fifty-eight percent (58%) of senior oil and gas executives across the UK, Norway, and Holland feel positive about the future of the North Sea basin despite real and present threats, however, window of opportunity to transform North Sea business is slowly closing, PwC audit, assurance, tax and consulting services firm said. According to the PwC latest report, […]

  • 7 May 2014

    Each year, the Offshore Technology Conference (OTC), taking place May 5-8 in Houston, recognizes innovative technologies that have industry-changing potential in the energy sector. The “Spotlight on New Technology Awards” showcase the latest and most advanced hardware and software solutions that are advancing the offshore exploration and production industry to new levels of safety, productivity […]

  • 8 November 2011

    Imtech Marine will be present at Europort 2011 (8-11 November, Rotterdam) Renowned Imtech Marine technology companies such as Radio Holland Netherlands, Imtech Marine & Offshore, Imtech Marine Germany, Royal Dirkzwager and Free Technics will be presenting their latest innovations at the exhibition. Visitors will find themes on show at Imtech Marine like Green Technology, Innovative […]

  • 3 December 2013
    Business & Finance

    Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that it has conducted a placing to raise, in aggregate, approximately £6.83 million before expenses by way of a placing of 2,787,624 ordinary shares of 1 penny each at a price […]

  • 17 October 2018

    By Jon Harman, Head of Renewable Energy and Portfolio Director, New Energy Update Floating offshore wind may still be in the demonstration phase, but the success of early pilot schemes and the plunging prices of fixed foundation machines mean investors are already eyeing the vast new markets the technology will open. According to the latest […]

  • 5 August 2010
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended June 30, 2010, of $7.0 million or $0.26 diluted earnings per share (based on 27,200,611 diluted shares outstanding). These results compare to net income of $6.3 million or $0.28 diluted earnings per share (based on 22,148,304 […]

  • 26 July 2011

    BP today said that it expects future cash flows generated by its worldwide operations to grow faster than output. This growth is expected in both its upstream and downstream businesses as the company delivers its strategic priorities, increases its investment in future growth opportunities and portfolio work continues. Introducing BP’s financial results for the second […]

  • 28 September 2010
    Project & Tenders

    Dart Energy Limited  is today pleased to announce an agreement with Apollo Gas Limited  to make a recommended offer for all issued securities in Apollo, other than those already owned by Dart. The Offer will comprise: – 3 Dart ordinary shares for every 4 Apollo ordinary shares; and – 3 comparable Dart options for every […]

  • 17 August 2012
    Research & Development

    Wind power is the world’s leading source of renewable electricity, excluding hydropower, with 238,000 megawatts of capacity installed at the start of 2012. Thus far, almost all of this wind power has been tapped on land; worldwide just 4,600 megawatts of offshore wind farms were operating as of mid-2012. Offshore wind capacity is growing quickly, […]

  • 13 December 2013
    Business & Finance

    Registration for the largest-ever Oceanology International (ExCeL London, Tuesday 11 – Thursday 13 March 2014) is now open. With 520 exhibitors from 35 countries taking up over 8,000 m2 net of space, the biennial global forum is where industry, academia and government come together to share knowledge and connect with their peers in the marine […]

  • 26 February 2013
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, provides an operational update. The Company currently has two exploration wells Rodriguez South (Faroe 30%), Norwegian Sea and North Uist (Faroe 6.25%), West of Shetland. Planned near term exploration wells […]

  • 30 November 2016
    Research & Development

    The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This will cause spending to rise significantly, according to a new study by IHS Markit an information and analytics group. IHS Markit expects […]

  • 30 May 2012
    Business & Finance, Equipment, Research & Development

      Four Scripps Institution of Oceanography at UC San Diego researchers will receive Navy funding to acquire and deploy instruments in support of studies ranging from coastal oceanography to deep-ocean acoustics. The awards mark the continuation of a partnership between Scripps and the Navy that predates World War II. The Department of Defense (DoD) awarded […]

  • 5 September 2014
    Business & Finance, Equipment, Technology

    Significant challenges often require a team effort. Restoring the New York-New Jersey Harbor Estuary is one of them. A group of professionals from the Army Corps of Engineers, New York District, recently joined 200+ scientists, engineers, academics and restoration professionals at a major symposium in Manhattan discussing progress restoring the NY-NJ Harbor Estuary and initiatives to […]

  • 22 April 2012

    Splash bang in the centre of Grave, a little fortified town with a history dating back to 1140 in the south-east of the Netherlands, we find Shipyard Grave. Established in 1957 on the river bank of the Meuse, the shipyard has built a solid reputation with the construction of numerous river cruise vessels, ferries, chemical […]

  • 16 December 2014

    As 2015 nears, many of us look towards the future with plans to improve our lives: perhaps you’ll pledge to join a gym, find a more lucrative job, or see more of the world. For mariners, the New-Year’s resolution may involve broadening horizons or exploring seas you’ve never sailed before. If this is the case, then […]

  • 11 January 2017

      By Istanbul Anatolia 11th Execution Office ANNOUNCEMENT OF ISTANBUL ANATOLIA 11th EXECUTION OFFICE FOR THE SALE OF UNMOVABLE ESTATE – VESSEL (Ship not Registered in the Turkish Register of Ships) Type, nature, value, number, important features of the property decided to be sold: Notification of the Sale Announcement According to the Article 127 of […]

  • 30 June 2020
    Market outlooks, Outlook & strategy, Transition, Vision

    The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organizations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to greener energy during the coronavirus pandemic.