1430 results found for 'seadrill'

1430 results found for 'seadrill'
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  • SapuraKencana in 4Q loss. CEO aims at ‘competitiveness’ at $30 a barrel

    25 March 2016

    SapuraKencana, a Malaysian company dealing with oilfield services and owning oil and gas assets, reported a net loss for fourth quarter and the full year. Loss for the quarter was RM 1.29 billion, while the full year loss was RM 791 million. According to Reuters, this is SapuraKencana’s first quarterly loss in five years. For comparison […]

  • USA: Crowley Takes Delivery of Its Second Veteran Class Tanker

    1 February 2013
    Business & Finance

    Aker Philadelphia Shipyard ASA, a leading U.S. commercial shipyard, has delivered to Crowley their second Veteran Class MT-46 product tanker. It is the fourteenth product tanker that the shipyard has completed and the eighteenth vessel overall. Crowley took delivery of the sistership, the Pennsylvania, in August 2012. The product tankers are 600 feet long and […]

  • South Hayling Beach Recycling Campaign Underway

    25 February 2020
    Business & Finance

    After successfully securing funding from the Environment Agency, Havant Borough Council is carrying out the next beach recycling campaign along the Eastoke frontage. The aim of this campaign is to reinstate the beach to the 1:200 year design standard of protection, reducing the risk of coastal flooding and erosion to properties and infrastructure. According to […]

  • New JIP to Examine Neodrill’s Well Foundation Technology

    15 December 2017
    Business & Finance, Equipment, Research & Development

    The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Centre (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells. The initiative, which also includes another unnamed operator, represents the first […]

  • Cecon’s New Subsea Construction Vessel Launched (Canada)

    29 October 2013
    Business & Finance

    Chantier Davie Canada Inc. (‘Davie’) names the 717th ship launched at its facility, an advanced multipurpose subsea construction vessel. The cutting-edge ‘Cecon Pride’ has been built at Davie for export to Norwegian Oilfield Services company, Cecon. At 130 meters long, the Cecon Pride has been built to conform to the high standards required for deepwater […]

  • Sapura hits gas offshore Sarawak

    11 June 2018

    Sapura Energy Berhad has made its ninth gas discovery offshore Sarawak, following the completion of its 2017 drilling campaign within the SK408 Production Sharing Contract.

  • Site investigation at Sofia offshore wind project enters final stretch

    25 June 2020
    Business Developments & Projects

    Fugro has commenced the final phase of the pre-construction site investigation at innogy’s Sofia offshore wind project in the UK. Jack-up vessel Haven Seariser 2 will work in the nearshore area between Redcar and Marske-by-the-Sea from this week to conclude the six-month offshore site investigation. The 29-meter vessel will carry out borehole surveys for approximately a […]

  • New JIP to explore effectiveness of alternative well foundation technology

    14 December 2017
    Equipment

    The Industry Technology Facilitator (ITF) is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.

  • Sapura Energy in $2.5bn debt refinancing

    30 March 2021
    Business & Finance, Business Developments & Projects

    Malaysian energy services provider Sapura Energy has sealed the deal with banks for a $2.5 billion debt refinancing for the duration of seven years.

  • Impairments Sink SapuraKencana

    25 March 2016
    Business & Finance, Operations & Maintenance

    Malaysian oil and gas services provider, SapuraKencana Petroleum, has plunged into loss in the fourth quarter ended January 31 on high impairments related to oil market downturn which also pulled the company down in red for the full year, despite a slight full-year revenue growth. Net loss for the quarter was at 1.29 billion ringgit or […]

  • Beatrice Export Cable Works Set to Begin

    11 April 2017

    The first stage of works for the Beatrice offshore wind farm’s export cable is scheduled to start on 13 April at Portgordon, near Buckie, and will include installation of horizontal cable pipes, as well as underwater operations including diving, tunnelling and seabed preparation, according to the developer’s notice to mariners.

  • Hayling Island Coastal Protection Job Complete

    30 March 2020
    Business & Finance

    This spring’s beach management activities at Hayling Island which consist of recycling beach material from Gunner Point and the Coast Guard Revetment to the Eastoke frontage are now complete, Eastern Solent Coastal Partnership (ESCP) reports.  Contractor Les Searle Group moved over 33,000m³ of material for Havant Borough Council, making impressive progress in just three weeks. […]

  • Wave Hub eyes other options as wave developers steer away

    28 March 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The Cornish grid-connected site for testing wave energy devices – the Wave Hub – is exploring other marine renewable energy options amid reports that it failed to deliver any electricity to the UK National Grid despite being operational for years.

  • Protecting Southsea Beach West

    16 September 2019
    Business & Finance

    Portsmouth City Council is carrying out a shingle recycle at Southsea Beach West in Hampshire to improve the current beach levels. Work, which is due to start on Tuesday, 17th September, will be carried out by Les Searle Plant Hire and Sales Ltd. and should take approximately five days to complete. Hours of work will […]

  • Top news of the week October 7-12

    13 October 2019

    TechnipFMC confirms Rovuma LNG EPC deal JFT, a consortium between JGC Corporation, Fluor, and TechnipFMC, has been awarded an engineering, procurement, and construction (EPC) contract for work on the Rovuma LNG project. Petronas receives first LNG cargo under third-party access deal Regas Terminal (Sg. Udang), a unit of Petronas Gas Berhad (PGB), yesterday received Malaysia’s […]

  • Fugro Gears for Hollandse Kust Noord Survey

    4 April 2018
    Business & Finance, Equipment, Operations & Maintenance

    Fugro is set to begin a site characterization program at the Hollandse Kust (noord) Wind Farm zone. Carried out under a further contract for the Netherlands Enterprise Agency (RVO.nl, part of the Ministry of Economic Affairs and Climate Policy), the geotechnical workscope comprises seabed investigations and borehole drilling at two lots. Other deliverables include standard […]

  • AWE: Mechanical difficulties at Pateke

    11 March 2014

    AWE Limited reports that as at 06:00 hours (6.00am NZDT) today, the Pateke-4H development well, offshore New Zealand had been drilled to a total measured depth of 4,110 metres. Following the penetration last week of the Kupuni F sand, where oil shows and real time logging measurements indicated the likely presence of an oil bearing […]

  • Petronas to take over Berantai field FPSO

    11 July 2016
    Infrastructure

    SapuraKencana Petroleum and Petrofac Energy Developments have reached a mutual agreement with Petronas for the cessation of the Berantai Risk Service Contract (RSC), for the Berantai field, offshore Malaysia. The Berantai RSC was signed on 31 January 2011 with Petronas and was the first RSC awarded by Petronas. It is for the development and production of petroleum […]

  • SapuraKencana Energy makes ‘significant’ gas discovery offshore Malaysia

    31 May 2016

    Malaysia’s SapuraKencana Energy (“SKE”) on Tuesday announced another significant gas discovery from its three wells 2015 drilling campaign within the Block SK408 Production Sharing Contract (PSC) area, offshore Malaysia. All three wells targeted non-associated gas within the primary target Late Miocene Carbonate reservoirs. The first well, Jerun-1 is a significant discovery located approximately 5km north […]

  • Davie Launches Multipurpose Subsea Construction Vessel Cecon Pride

    29 October 2013
    Business & Finance

    Chantier Davie Canada Inc. (‘Davie’) named the 717th ship launched at its facility, an advanced multipurpose subsea construction vessel. The cutting-edge ‘Cecon Pride’ has been built at Davie for export to Norwegian Oilfield Services company, Cecon. At 130 meters long, the Cecon Pride has been built to conform to the high standards required for deepwater […]

  • Elia Seeks Subsea Survey Contractor for Project Off Belgium

    4 March 2016
    Business & Finance, Operations & Maintenance, Project & Tenders, Research & Development

    Elia, Belgium’s electricity transmission system operator, has issued a tender invitation for providers of seabed survey and seasoil sampling on the East Coast of Belgium for submarine power cables and an offshore platform. Elia plans a high-voltage substation located on an offshore platform in the North Sea which should act as a modular grid or ‘power socket’ […]

  • SapuraKencana lands $415M worth of contracts in Thailand and Malaysia

    19 June 2014

     Malaysian oilfield services provider SapuraKencana Petroleum Berhad has been awarded two new Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contracts totalling approximately US$415 million (RM1.3 billion) in areas offshore Malaysia and Thailand by Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) and Hess Exploration and Production Malaysia B.V. These latest awards to SapuraKencana come close on the heels […]

  • South Hayling Island Beach Renourishment in Full Swing

    20 March 2018
    Business & Finance

    As part of the Eastern Solent Coastal Partnership (ESCP) ongoing Beach Management Plan for South Hayling Island, Havant Borough Council is undertaking beach renourishment works during March 2018 to return the beach at Eastoke to full design profile. These works started on 12th March, and will last for a period of 2-3 weeks, reports ESCP. “The […]

  • OMV seals the deal to buy half of Sapura Upstream

    12 November 2018
    Business & Finance

    Malaysia’s Sapura Energy and Austria’s OMV have signed a share subscription agreement and a shareholders’ agreement to form a strategic partnership. 

  • Hayling Island Project Completed

    8 June 2015
    Business & Finance

    A program of beach management was carried out recently along the Eastoke frontage of Hayling Island. The shingle beach along Eastoke is the primary line of defense against erosion and flooding, however coastal processes are constantly eroding the shingle bank. Without regular intervention, the densely populated area of Eastoke would quickly become vulnerable to flooding […]