5408 results found for 'prosafe'

5408 results found for 'prosafe'
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  • Petrobras Reports Increase in Net Earnings

    26 February 2014

    Petrobras said its net income was 11% up on 2012 due to diesel (20%) and gasoline (11%) price increases in 2013, increased production of oil products, cost optimization, gains from the sale of assets, lower write-offs for dry wells and lower foreign exchange impact due to hedge accounting. Adjusted EBITDA totaled R$ 62.967 billion, up […]

  • Icon Energy Updates on Shale Gas Exploration Program in ATP 855P (Australia)

    17 April 2013

    Icon Energy Limited provided an update on unconventional shale gas exploration program in ATP 855P. The Halifax-1 well had a peak gas flow rate of 4.2 MMscf/d, however, due to a faulty temperature gauge, this rate resulted in the maximum recommended temperature for the wellhead being exceeded. The faulty temperature gauge was discovered prior to […]

  • UVic bags Innovation grant for two research projects

    13 October 2017
    Research & Development

    Two University of Victoria projects with the potential to change how the world interprets the forces of nature have taken a major step toward being realized with the Canada Foundation for Innovation announcement of $6.3 million in funding support. UVic Earth and Ocean Sciences professor Jody Klymak and West Coast Wave Initiative Director Brad Buckham, a […]

  • Floating Island Project Kicks Off Under Horizon 2020 Umbrella

    3 November 2017
    Research & Development, Technology

    The floating island concept, revealed earlier this year, will now be further studied and developed through a Horizon 2020-funded project Space@Sea that started on 1 November and will run for three years.

  • UK: HR Wallingford Reaches Another Milestone

    8 November 2012
    Business & Finance

    Researchers at HR Wallingford have been presented with the ICE David Hislop award 2012 for their paper on “Evaluating scour at marine gravity foundations”. This paper formed part of a special issue on marine scour edited by Dr Harris and Prof. Whitehouse. The annual ICE Awards Ceremony celebrates excellence within civil engineering and technical writing, […]

  • GEOMAR Researchers Study ‘Black Smokers’

    24 April 2014
    Business & Finance, Equipment, Research & Development

    Researchers at GEOMAR Helmholtz Centre for Ocean Research Kiel have used computer simulations to understand how hydrothermal vents, the so-called “black smokers”, extract energy from the volcanic rock. About ten years after the first moon landing, scientists on earth made a discovery that proved that our home planet still holds a lot of surprises in store for […]

  • World’s first liquefied H2 carrier Suiso Frontier to visit Oman

    14 August 2023
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Vessels

    Suiso Frontier, the world’s first liquefied hydrogen carrier built by Kawasaki Heavy Industries (KHI), is scheduled to arrive at the Sultan Qaboos Port in Muscat, Oman, today (14 August). According to local media reports, the ship departed Abu Dhabi and is heading to Muscat for its first visit to the Sultanate of Oman. The visit […]

  • TotalEnergies hits another oil target offshore Suriname

    29 July 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    TotalEnergies and APA Corporation have encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname.

  • Shell cheers first gas from Trinidad and Tobago project

    22 July 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago.

  • KrisEnergy’s Apsara platform on its way to Gulf of Thailand

    26 August 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    KrisEnergy’s minimum facilities wellhead platform for the Apsara oil development offshore Cambodia Block A has been completed and the topsides and jacket are being transported to Cambodian waters in the Gulf of Thailand for installation.

  • Maersk Oil to buy Brazilian assets

    23 December 2010

    The fully owned subsidiary of A.P. Møller – Mærsk A/S, Mærsk Olie og Gas A/S (“Maersk Oil”), has agreed with SK Energy Co., Ltd. to acquire SK do Brasil Ltda. for USD 2.4 billion on a cash and debt-free basis. The acquisition is subject to customary conditions, including governmental approval and will not affect the […]

  • Reef Subsea Goes Under

    6 February 2015
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian offshore wind and oil & gas services player, Reef Subsea, has filed a bankruptcy petition to Bergen District Court despite company’s efforts to restructure and cut costs in order to stay afloat in today’s challenging market. The company, established in February 2010 and 100% owned by Stavanger-based company HitecVision, is likely to be Norway’s first […]

  • San Leon and Beach Energy Announce Start of 3D Seismic Survey Offshore Albania

    18 March 2011
    Business & Finance, Operations & Maintenance, Research & Development

    San Leon and its partner, Beach Energy Limited,  announced they have commenced an 840 square kilometre 3D seismic survey on their Durresi Block, offshore Albania. Petroleum Geo-Physical AS (“PGS”) has been contracted to carry out the survey using the M/V Ramform Vanguard seismic vessel. The 3D seismic programme will evaluate a number of highly prospective […]

  • USA: Aegion Wins Pipe Coating Contract for Shell Mars B Deep Water Development

    16 December 2011
    Business & Finance, Equipment, Project & Tenders

    Aegion Corporation announced that its subsidiary, The Bayou Companies, LLC, has been awarded a contract to coat approximately 80 miles of 16-inch and 18-inch diameter oil and gas pipelines for the Shell Mars B deep water development. In January 2012, Bayou will begin inner-diameter coating, outer-diameter coating, concrete weight coating and anode and buckle arrestor […]

  • DW: International E&P firms to go for Brazilian pre-salt fields?

    19 October 2016

    In a move to increase foreign investment amid the nation’s worsening economic position, Brazil’s Congress has approved legislation that will remove state-controlled Petrobras’ obligation as sole operator on the country’s pre-salt developments, Douglas-Westwood, an energy intelligence group, said in its report on Monday.  Discovered in 2007, these ultra-deepwater fields represent a huge opportunity – they […]

  • Maersk Oil to Buy Brazilian Offshore Assets for USD 2.4 bln

    23 December 2010
    Business & Finance

      The fully owned subsidiary of A.P. Møller – Mærsk A/S, Mærsk Olie og Gas A/S (“Maersk Oil”), has agreed with SK Energy Co., Ltd. to acquire SK do Brasil Ltda. for USD 2.4 billion on a cash and debt-free basis. The acquisition is subject to customary conditions, including governmental approval and will not affect […]

  • Germany: LEHNKERING Adds Modern Double-hulled Gas Tanker to Its Fleet

    19 August 2011
    Business & Finance

      LEHNKERING Reederei GmbH is adding a modern double-hulled gas tanker to its inland waterway fleet. The newly constructed liquid gas vessel LRG GAS 88 picked up its first load in the Netherlands and is currently being used to ship propylene and propane. LRG GAS 88 is the 17th vessel in the company’s own gas […]

  • Brazil: GHENOVA Ingeniería to Use AVEVA Marine 3D Engineering and Design Tool

    24 July 2012

    AVEVA Marine has been selected for implementation by GHENOVA Ingeniería, an international engineering company. This follows the signing of a contract between GHENOVA and STX Promar Shipyard. This contract allows the detailed engineering of eight LPG tankers for Transpetro, Petrobras’ logistics and fuel transportation company. The agreement consists of products from the AVEVA Marine portfolio […]

  • South Korea: DSME Hands Over Very Large Crude Carrier IZKI to OSC

    20 March 2012

      Oman Shipping Company S.A.O.C. (OSC) yesterday took delivery of a Very Large Crude Carrier (VLCC) “IZKI” at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea. “IZKI” is designed and constructed according to the latest international standards, and it has advanced ballast water treatment technology to comply with international conventions on the […]

  • CB&I Announces Successful Start-up and Operation of Peru LNG

    22 June 2010
    Project & Tenders

    CB&I announced today that PERU LNG has successfully produced its first cargo of LNG. CB&I is the engineering, procurement and construction contractor for the full scope of the project, the first LNG liquefaction plant in South America. Hunt Oil Company is the owner and operator of PERU LNG, partnering with SK Energy of South Korea, […]

  • Bear Head LNG expands capacity to 8 mtpa

    3 November 2014

    Bear Head LNG filed for modification to the construction and environmental permits as it plans to expand the facility’s production capacity from 4 to 8 mtpa.

  • New operator takes up the baton at South Africa’s Orange Basin block

    4 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Eco (Atlantic) Oil & Gas has expanded its portfolio with a stake in an asset that enables it to assume the operator role at an exploration block in the Orange Basin off the coast of South Africa.

  • Weeks Marine Kicks Off Navarre Beach Renourishment Project

    27 April 2016
    Business & Finance, Project & Tenders

    The Navarre Beach renourishment project is now officially underway, according to the Santa Rosa County, Florida. The project kicked off two weeks ago when the contractor Weeks Marine Inc. began with the mobilization of equipment. Two submerged pipelines, traveling from the Pensacola Bay staging area to Navarre Beach have made landing near the Beach Colony Resort and just east of […]

  • New Jack-Up Rig PROSPECTOR 1 Delivered (China)

    27 September 2013
    Business & Finance

    Prospector Offshore Drilling S.A. today took delivery of PROSPECTOR 1, from Dalian Shipbuilding Industry Offshore Co., Ltd. in Dalian, China. PROSPECTOR 1 is the first in the Company’s series of six high specification, harsh environment jack-up drilling rigs built to the Friede and Goldman JU2000E design. The rig will now be mobilized to the UK […]

  • ExxonMobil spuds Bulletwood-1 well off Guyana

    5 January 2021
    Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Oil major ExxonMobil has started drilling at the Bulletwood-1 well site on the Canje Block located offshore Guyana.