5405 results found for 'prosafe'

5405 results found for 'prosafe'
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  • Ghana: Tullow’s TEN project to deliver first oil ‘shortly’

    8 August 2016
    Project & Tenders

    Tullow Oil-operated Tweneboa, Enyenra and Ntomme (TEN) project, located offshore Ghana, is expected to produce first oil ‘shortly’.  Kosmos Energy, Tullow’s partner in the project together with Anadarko, GNPC and PetroSA, confirmed on Monday Tullow’s recent statement that said first oil from the project was expected in early August. Kosmos said that the start-up of the TEN project remains on […]

  • USA: Transocean’s Executives Make Donations to Deepwater Horizon Memorial Fund

    6 April 2011
    Business & Finance

      Transocean Ltd.’s senior management team, led by Chief Executive Officer Steven Newman, announced that they are voluntarily donating the safety bonuses that were awarded to them for 2010 to the Deepwater Horizon Memorial Fund. “The executive team made this decision because we believe it is the right thing to do,” Newman said. “Nothing is […]

  • Hypertherm’s Integrated Cutting Solutions on Display at FABTECH 2013

    30 September 2013

    Hypertherm, a U.S. based manufacturer of advanced plasma, laser, and waterjet cutting systems, will highlight its Built for Business Integrated Cutting Solutions platform at FABTECH 2013. Booth visitors will get a chance to meet with Hypertherm’s cutting experts, see live cutting demonstrations, view cut samples, and discuss the pros and cons of plasma, laser, and […]

  • First Floating Wind Turbine in Germany to Get EUR 5.25 Mln

    30 April 2014
    Research & Development, Technology

    The GICON Group will receive a pro-rata funding of EUR 5.25 million from Mecklenburg-Vorpommern’s Ministry of Economy, Construction and Tourism for their floating offshore foundation, the GICON® SOF. The official notification of the funding confirmation secures fabrication, construction and testing of the first floating wind turbine in Germany. In total, EUR 18 million will be […]

  • Dredging Corporation of India, NMDC enter strategic alliance

    24 January 2022
    Operations & Maintenance

    Dredging Corporation of India (DCI) and National Maritime Dredging Company (NMDC) entered into a strategic alliance today. The alliance will focus on areas not limited to capital dredging works, project development on BOT basis, operate ports as managers, participate in the public, private partnership in dredging works in accordance to the Dredging Policy, Ministry of […]

  • Kraken, Fraunhofer Ink Licensing Agreement

    17 March 2017
    Equipment, Project & Tenders

    Kraken Sonar has signed a licensing agreement for underwater robotics technology with Germany’s Fraunhofer Institute for Optronics, System Technologies and Image Exploitation (IOSB). Fraunhofer has developed the Dedave autonomous underwater vehicle (AUV) which is an integral part of the agreement. Kraken will exclusively license the Dedave software and hardware IP and technology for large AUVs […]

  • Circle Oil: Mahdia drilling imminent (Tunisia)

    20 March 2014
    Business & Finance, Project & Tenders

    Circle Oil Plc, the international oil and gas exploration, development and production company, has announced the operational update on Mahdia Block, offshore Tunisia. Plans are well advanced for the drilling of the Mahdia commitment well with long lead items prepared for shipment, main and sub contractor tenders issued with some awarded and others under commercial […]

  • ‘Father of ocean energy’ gets tribute from France

    9 February 2017
    Authorities & Government, Business & Finance, Research & Development, Technology

    Tony Lewis, a Principal Investigator in MaREI and Professor Emeritus at the University College Cork (UCC), has been awarded the national order of France for distinguished academics Chevalier des Palmes Académiques.

  • ECSA: EU maritime strategy must bridge innovation gap, not build barriers

    19 May 2025
    Authorities & Government, Environment, Transition

    ECSA European Shipowners has received with open arms the adoption of the Szczecin Declaration on the EU Industrial Maritime Strategy, hailing it as a “strong and clear” signal that protectionism has no right to a seat at the maritime table. At a time of increasing protectionism across the globe, ECSA believes that the declaration underscores […]

  • Petronas moves forward with oil field development in Indonesian waters

    17 January 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petronas has confirmed a final investment decision (FID) for an oil field in the North Madura II contract area, East Java, Indonesia.

  • 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.

  • Methanol is key solution for shipping decarbonisation today, research suggests

    26 January 2022
    Business Developments & Projects, Outlook & Strategy, Research & Development, Transition

    A new report addressing the reduction of emissions from the global maritime sector has verified the benefits of methanol as a marine fuel highlighting it as a key solution for decarbonisation.

  • USA: EPL Acquires Shallow Water GoM Assets from Hilcorp for USD 550 Mln

    17 September 2012
    Business & Finance

    EPL Oil & Gas, Inc. (EPL or the Company) announced it has executed a purchase and sale agreement to acquire certain shallow water Gulf of Mexico (GOM) shelf oil and natural gas interests from Hilcorp Energy GOM Holdings, LLC (Hilcorp) for $550 million. The assets are currently producing approximately 10,000 barrels of oil equivalent (boe) […]

  • Crowley Enters LNG Market by Acquiring Carib Energy, USA

    9 May 2013

    Crowley Maritime Corporation’s petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC. Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG export license from the U.S. Department of Energy (DOE) for LNG transportation from the U.S. into Free Trade Agreement […]

  • A year in review for methanol as marine fuel: 82 ships by 2028

    3 January 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    2022 has been a stellar year for methanol as an alternative fuel for ships as owners look to solutions to decarbonize their fleets. Based on the data from DNV, there are currently a total of 82 methanol-powered ships in operation and on order. The figure grew considerably from what we reported in August with 20 […]

  • Petro Viking Buys Ticket for Namibian Offshore Oil

    20 March 2012
    Business & Finance

    Petro Viking Energy Inc. has entered into a Letter of Intent (“LOI”) with Grisham Assets Corp. (“Grisham”) dated March 19, 2012 to acquire 100% of the issued and outstanding shares in the capital of Grisham. Grisham is a private company incorporated under the laws of the British Virgin Islands whose principal asset is an agreement […]

  • Quest to boost oil production sets SLB and Stimwell up for five more years with Aker BP

    3 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.

  • Statoil and ExxonMobil Announce New Discovery Offshore Tanzania

    18 March 2013
    Business & Finance, Research & Development

    Statoil and co-venturer ExxonMobil announce their third high impact discovery in Block 2 offshore Tanzania in a year. The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF. “The success in Block 2 is the result of an ambitious and successful drilling […]

  • Statoil, ExxonMobil Make Third Gas Discovery Off Tanzania

    18 March 2013

    Statoil and co-venturer ExxonMobil announced their third high impact discovery in Block 2 offshore Tanzania in a year. The discovery of 4-6 TCF of natural gas in place in the Tangawizi-1 well brings the total in-place volumes up to 15-17 TCF. “The success in Block 2 is the result of an ambitious and successful drilling […]

  • Italy: RINA Updates GREEN PLUS Notation to Cover Transhipment Terminals

    12 June 2012
    Business & Finance

    International classification society RINA has updated its industry-leading GREEN PLUS notation to include new potential sources of pollution involving seagoing ships and ships operating at fixed locations. GREEN PLUS is awarded to new vessels that make a significant investment in design solutions, onboard equipment and operational procedures which contribute to an improvement in environmental performance […]

  • RES Offshore to Provide Expert Support for Deep Water Wind Project (UK)

    26 November 2013
    Business & Finance, Research & Development

    The Glosten Associates (Glosten) has recently appointed RES Offshore to provide expert support for its pioneering floating offshore wind turbine demonstrator project. This project will demonstrate Glosten’s PelaStar tension leg platform (TLP) floating foundation system at the deep water Wave Hub demonstrator facility in Cornwall, UK. RES Offshore are providing a wide range of services […]

  • Baker Hughes bags ‘major’ deal for ExxonMobil’s Guyana-bound FPSO duo

    3 February 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Baker Hughes has been hired on a multi-year assignment related to two floating production, storage, and offloading (FPSO) vessels, which are destined to work on two upcoming oil projects on the Stabroek block off the coast of Guyana, operated by an affiliate of America’s energy giant ExxonMobil.

  • TotalEnergies and QatarEnergy expand their footprint in Africa’s Orange Basin

    30 August 2024
    Business & Finance, Business Developments & Projects

    TotalEnergies and QatarEnergy have increased their presence in the Orange Basin with more offshore acreage by getting interests in a block off the coast of South Africa ahead of offshore exploration activities on this block.

  • USA: Apache’s Profit Soars on High Oil Prices and Production from New Wells

    28 April 2011
    Business & Finance

      Apache Corporation  reported production of 732,000 barrels of oil equivalent (boe) per day and earnings of $1.1 billion, or $2.86 per diluted share, for the three-month period ending March 31, 2011. These compare with production of 586,000 boe per day and net income of $705 million, or $2.08 per diluted share, for the same […]

  • Kosmos hits ‘major’ gas discovery off Senegal

    8 May 2017
    Exploration & Production, Project & Tenders

    Oil and gas exploration and production company Kosmos Energy on Monday announced what it claims to be a “major” gas discovery offshore Senegal. According to the company’s statement, Yakaar-1 is the first well in a series of four independent tests of the basin floor fan fairways, outboard of the proven slope channel trend opened with […]