5372 results found for 'prosafe'

5372 results found for 'prosafe'
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  • NOVATEK Closes Debut Eurobond Issue (Russia)

    4 February 2011

      OAO NOVATEK announced the closing of its debut Eurobond issue in an aggregate amount of US$ 1.25 billion. The Eurobond was approximately eight times oversubscribed and issued at par in two tranches, a five-year US$ 600 million bond with a coupon rate of 5.326% and a ten-year US$ 650 million bond with a coupon […]

  • Hyundai Heavy Industries develops new LNG regas system

    31 March 2017

    South Korean shipbuilding giant Hyundai Heavy Industries said it has developed a new liquefied natural gas (LNG) regasification system. The shipbuilder on Friday held a demonstration ceremony for the installation of the regasification system using glycol at a 170,000-cbm floating storage and regasification unit (FSRU) at its Ulsan shipyard. “Since the glycol regasification process is […]

  • Still No Uniform Oceanic Measurements for Greenhouse Gases

    13 January 2014
    Business & Finance, Equipment, Research & Development

    Little known but very important for climate change: the greenhouse gases nitrous oxide and methane. For these substances, derived in large part from the ocean, there are still no uniform oceanic measurements worldwide. To change this and to build a global network of time series measurements in the ocean, an international working group has formed […]

  • Ghana’s second FPSO named in Singapore

    30 September 2015

    Ghana’s second floating production, storage and offloading (FPSO) vessel, for the Tweneboa, Enyenra and Ntomme (TEN) Project, off the west coast of Ghana, has been named in Singapore. Her Excellency the First Lady of the Republic of Ghana, Dr Nana Lordina Mahama, at a ceremony in Singapore on Wednesday, officially named the vessel ‘FPSO Prof. John […]

  • Germany: GICON Tests Floating Foundation for Offshore Wind Turbines

    15 March 2012
    Technology

    Floating foundations for the offshore wind industry are increasingly gaining attention and interest within the industry as well as among government and permitting institutions and also investors. This interest is driven by the conditions found in the US and Japan where the vast majority of offshore wind resources is found in water depths of more […]

  • Canada: RDC Supports Development of GRI’s 3-D Simulation Software

    19 July 2012
    Business & Finance

    Funding announced by the Research & Development Corporation (RDC) is supporting the development of an innovative 3-D simulation software product that will enhance offshore oil and gas installation design and operations. Mount Pearl-based GRI Simulations Inc. is receiving $250,000 from RDC’s Proof of Concept program to assist with simulating oil field design as well as […]

  • Canadian oil & gas player comes into possession of more offshore acreage in Namibia’s Orange Basin

    10 June 2024
    Business & Finance, Business Developments & Projects

    Sintana Energy has wrapped up its acquisition of a stake in a new license in the Orange Basin off the coast of Namibia. 

  • Air Products tech picked for Sonatrach’s Arzew LNG plant

    9 September 2020
    Business Developments & Projects, Equipment, Infrastructure, Project & Tenders

    LNG technology and equipment specialist Air Products has won an order to provide four of its heat exchangers for Sonatrach’s GL1Z LNG facility in Arzew, Algeria.

  • Following pre-funding, PGS, TGS and SLB to expand seismic data coverage off Malaysia

    11 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    The consortium of TGS, PGS and SLB has secured pre-funding to expand multi-client seismic data coverage in the Sabah Basin offshore Malaysia. The seventh phase of this multi-year project encompasses over 5,000 kilometers of new 2D seismic data acquisition, over 2,600 kilometers of legacy seismic data processing, and 2,800 square kilometers of 2D-cubed processing as […]

  • Odfjell Drilling confirms another drilling job for semi-sub rig

    1 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Odfjell Drilling has confirmed a new contract for a rig it manages on behalf of CIMC Offshore.

  • Statoil Farms Down 25 Pct Interest in Mozambique Licence to INPEX

    2 April 2013
    Business & Finance, Operations & Maintenance

    Statoil has farmed down a 25 % working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, Ltd., a wholly owned subsidiary of INPEX CORPORATION. The licence, which consists of two blocks, under one licence agreement, is located in areas 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down […]

  • SacOil drops out of OPL 233 offshore Nigeria. Focuses on low risk assets

    20 May 2015
    Business & Finance

    SacOil, an African independent, upstream oil and gas company, has terminated its joint venture with Nigdel United Oil Company (Nigdel) of Nigeria, and consequently its participation in Oil Prospecting Licence (OPL) 233, offshore Nigeria.  The company had 20% in the licence. According to its press release, in line with SacOil’s strategy to focus on proven […]

  • Chevron Makes 20th Discovery Off W. Australia

    7 February 2013
    Business & Finance

    Chevron Corporation today announced the 20th discovery off the Western Australian coast since mid-2009 by its Australian subsidiary following further drilling success in the Exmouth Plateau area, located in the prolific Carnarvon Basin, a premier hydrocarbon basin. The Kentish Knock South-1 exploration discovery well encountered approximately 246 feet (75 meters) of net gas pay in […]

  • RWE Dea expands in Caspian region, signs JSA with Socar

    6 May 2014
    Business & Finance

    RWE Dea has signed a Joint Study Agreement with the State Oil Company of the Azerbaijan Republic (SOCAR). Both companies will evaluate the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea in close cooperation. The Joint Study Agreement was signed between SOCAR and RWE Dea regarding the joint evaluation of an […]

  • USA: Kvichak Marine to Build 72’ Pilot Boat Astoria for CRBP

    13 March 2013

    Seattle, WA – Kvichak Marine Industries was recently awarded a contract to build a self-righting 72’ all-aluminum pilot boat, Astoria, for the Columbia River Bar Pilots (CRBP) of Astoria, OR. The continued success and reliability of the Columbia and Chinook lead CRBP to once again choose Camarc, Ltd., of the UK as the designer and […]

  • Movember 2014: Tidal Transit Grows a Mustache

    13 November 2014

    The male members of Tidal Transit Limited based in Norfolk are throwing away their razors in support of Movember 2014 – the global campaign to promote awareness of men’s health and well-being. Tidal Transit supplies purpose-designed charter personnel transfer vessels (PTVs) to the offshore wind energy industry, and employs 33 men in various capacities. Commercial […]

  • Inpex Farms Into Rovuma Basin Off Mozambique

    2 April 2013

    Statoil has farmed down a 25 % working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, Ltd., a wholly owned subsidiary of INPEX CORPORATION. The licence, which consists of two blocks, under one licence agreement, is located in areas 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down […]

  • Daulton Capital Signs LOI with South Pacific Connection (Papua New Guinea)

    5 May 2011

      Daulton Capital Corp., has signed a Letter of Intent with South Pacific Connection Limited (SPC) of Papua New Guinea (PNG) to acquire a 64% working interest in the Oil, Gas and Liquid Natural Gas rights of SPC’s property in PNG. Daulton expects to close on the agreement within ten days. “We believe this agreement […]

  • Woodside Picks AxWave Software for Oil and Gas Exploration

    2 December 2013

    Acceleware announced that Woodside Petroleum has selected AxWave, Acceleware’s high performance seismic modeling software, to simulate data acquisition in complex geological areas. “AxWave is an efficient, cost effective solution for generating large scale synthetic seismic datasets used for survey design and data characterization and testing,” said Darren Foltinek, Seismic Product Manager at Acceleware. “The native […]

  • USA: Petrobras Presents its Technology Strategy at OTC 2011

    5 May 2011
    Business & Finance

      The executive manager for Petrobras’ Research Center, Carlos Tadeu Fraga, presented the company’s technology strategy Yesterday (04/05) at an event sponsored by the Brazil-Texas Chamber of Commerce (BRATECC) on the sidelines of the 2011 OTC. “We are convinced that our business results are the outcome of our technological capabilities,” said the manager, in an […]

  • RS Holds Gas Carrier Survey Seminar

    18 April 2013

    A seminar organised as part of the training programme for experts in marine gas transportation systems inspection took place at the Personnel Training Centre of Russian Maritime Register of Shipping (RS). At the seminar, lectures on insulation and membrane fitting of type MARKIII and No96 В cargo tanks were delivered by Mr. Remy Prioleau, head […]

  • KOTC to Order Five Crude Oil Tankers from DSME (South Korea)

    5 January 2012

    Daewoo Shipbuilding & Marine Engineering Co is about to receive an order for five crude-oil tankers from Kuwait Oil Tanker Co, reported Al-Anba. Kuwait Petroleum Corp approved USD 556 million to Kuwait Oil Tanker Co. for execution of these contracts. This order for five crude-oil tankers is a part of Kuwait Oil Tanker’s modernization plan. […]

  • PIRA Issues Weekly Energy Recap

    18 September 2014

    A weekly Energy Market Recap by NYC-based PIRA Energy Group reports that Asian oil balances will for now remain long, with the U.S., product stock build outpacing crude draw, thus widening commercial stock excess; and Japan’s both crude and finished product stocks rising. Oil prices in Asia are likely to remain soft. Asian oil demand […]

  • PGS secures data rejuvenation work in Indian Ocean

    30 June 2023
    Business Developments & Projects, Outlook & Strategy

    Norwegian seismic company PGS has secured work on the North Sumatra MC2D data rejuvenation project, which will provide a new look at one of the hottest hydrocarbon provinces in Indonesia following the successful Timpan-1 discovery in 2022.

  • Hyundai Mipo Dockyard wins LR approval for ammonia-powered ship

    24 July 2020
    Vessels

    Hyundai Mipo Dockyard (HMD), a shipbuilding unit of Korea Shipbuilding & Offshore Engineering Co., has secured an Approval in Principle (AiP) from Lloyd’s Register for its ammonia-powered design of a 50,000 dwt MR tanker. The shipbuilder has been working on a joint development project of ammonia-based propulsion with Lloyd’s Register and German engine manufacturer MAN […]