1430 results found for 'seadrill'

1430 results found for 'seadrill'
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  • Qatar: Al Rayan Investment and Sapura Crest Petroleum Form a Joint Venture

    3 June 2010
    Business & Finance

    Al Rayan Investment LLC, a wholly-owned subsidiary of Masraf Al Rayan announced a joint venture with Malaysia-based oil and gas services company, SapuraCrest Ventures Sdn Bhd, formerly known as Petro-Plus Sdn Bhd – a wholly-owned subsidiary of Sapuracrest Petroleum Berhad. Joint venture called SapuraCrest Qatar LLC to operate in the oil and gas sector. The […]

  • USA: Aker Philadelphia Shipyard Celebrates 14th Product Tanker Keel Laying Ceremony

    3 April 2012

    Aker Philadelphia Shipyard, a leading U.S. commercial shipyard, held a ceremonial keel laying yesterday for Ship 018, the 14th product tanker being built at the yard. Following long held shipbuilding tradition, coins were placed on one of the keel blocks that support the vessel during construction before the section of the ship was lowered into […]

  • APSI Cuts Steel for Crowley’s First Product Tanker

    7 January 2014

    Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA, launched production activities yesterday on the first product tanker that it is building for its joint venture with Crowley. Crowley and APSI have signed contracts for the first four tankers, with a total contract value of approximately $500 million. A small […]

  • Fugro gets call for 3 GW offshore wind sites in the UK

    12 April 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Fugro has won a contract with BP and EnBW to carry out a geotechnical site investigation campaign at the Morgan and Mona offshore wind projects in the Irish Sea. Fieldwork will run from May to September at the site located approximately 30 kilometers off the coast of North Wales and North West England in an area known […]

  • Equinor gets go-ahead to drill North Sea well

    11 February 2021
    Exploration & Production, Infrastructure

    Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the North Sea, offshore Norway.

  • SapuraOMV to sell assets off Peninsular Malaysia for $9 million

    30 April 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    SapuraOMV, formed through a deal between Malaysia’s Sapura Upstream and Austria’s OMV, has agreed to sell its entire interests in producing assets located offshore Peninsular Malaysia to Jadestone Energy.

  • IKM Cleandrill scoops Absheron mud recovery deal

    29 August 2017
    Business & Finance

    IKM Cleandrill, a specialist mud recovery subsidiary of the IKM Group, has been awarded a contract for riserless mud circulating system services in the Caspian Sea by French oil major Total. IKM said on Monday that the contract was awarded by Total E&P Absheron BV on behalf of Joined Operating Company for Absheron Project or […]

  • Cornwall launches marine renewables roadmap

    22 May 2015
    Authorities & Government, Business & Finance, Research & Development

    Cornwall has launched Marine Renewable Energy Roadmap outlining the necessary steps to be taken for the commercialization of marine energy over the next 10 years. The roadmap sets out how the public and private sector can work together to advance offshore and marine energy sector. According to the roadmap, Cornwall and the Isles of Scilly […]

  • Good Start for Breagh Development, Sterling CEO Says

    12 December 2012
    Business & Finance

    Sterling Resources Ltd. has announced the results of production testing from the initial three wells completed as part of the on-going Breagh Development in the UK sector of the North Sea. In summary, all well results fall within the range of expected outcomes from the reservoir simulation model. Once normalized to reflect the expected sales […]

  • Stena rig wraps up North Sea well for Tailwind

    8 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Tailwind has revealed that the Evelyn development well, in the UK North Sea, has been drilled, completed, and tested using a Stena rig.

  • SapuraKencana hits big gas discovery off Malaysia

    29 August 2014
    Business & Finance, Project & Tenders

    SapuraKencana has made another gas discovery at Bakong-1, the fifth and final well in its 2014 drilling campaign within the SK408 Production Sharing Contract area, offshore Malaysia. Bakong-1 is a significant discovery with a gross gas column in excess of 600 metres in the primary target reservoir within the Late Miocene Carbonates. This discovery augments the earlier […]

  • Seaspovill Orders Second Damen Fast Ferry

    18 September 2014
    Business & Finance

    South Korean operator Seaspovill signed its second contract for a Fast Ferry with the Netherlands-based shipbuilder Damen Shipyards Group. The Fast Ferry 4212 – to be named SEA STAR 5 – will operate between Mookho and Ulleung-Do at the East-coast of South Korea. The ferry is a high-speed catamaran passenger ferry. The Damen Fast Ferry […]

  • APSI Commitment for USD 65 Million Term Loan Expires

    20 January 2014
    Business & Finance

    Aker Philadelphia Shipyard ASA announced today that the commitment letter between its wholly owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI) and a group of private lenders that was announced on 14 November 2013 has expired. This commitment had been for a secured term loan of $65 million with a variable interest rate of LIBOR […]

  • PHOTO: U.S. warship ‘says hi’ to West Capella drillship

    8 May 2020
    Infrastructure, Vessels

    The USS Montgomery combat ship and the dry cargo ship USNS Cesar Chavez checked out the West Capella drillship during their presence operations in the South China Sea on Thursday.

  • Hibiscus plans to drill Sea Lion in June

    11 February 2015
    Business & Finance, Exploration & Production

    Hibiscus Petroleum’s wholly-owned entity, Carnarvon Hibiscus Pty Ltd (CHPL), has progressed the plan to start the drilling operations of an exploration well located in VIC/P57 offshore Australia in June 2015. CHPL had, in October 2014, signed a rig share agreement with Origin Energy Resources, whereby CHPL will assume the services of Seadrill’s West Telesto drilling rig, an independent […]

  • Neptune Energy starts drilling Bue well off Norway

    8 September 2020
    Exploration & Production, Infrastructure

    Oil and gas company Neptune Energy has started drilling the Bue well on the offshore Fenja field in the Norwegian Sea.

  • Huisman Builds Pipelay Systems for Five Offshore Vessels

    31 January 2014
    Business & Finance, Equipment

    Huisman, a Dutch specialist in lifting, drilling and subsea solutions, currently has five new built pipelay systems out on the quayside of their production facility in Schiedam, The Netherlands. These “high five” showcase the latest in pipelay technology and underline the added value of the new production hall for Huisman Schiedam. This 66m high production […]

  • Thorco and United Heavy Lift Team Up

    20 September 2016
    Business & Finance

    Copenhagen-based shipping company Thorco Shipping and the German project and heavy lift specialist United Heavy Lift have joined forces to create Thorco Projects. By combining the two companies’ fleets, the joint venture is expected ”to become a major player” within the project and heavy lift market. Two company profiles complement each other very well, according to Lars Rolner, the founder […]

  • USA: APSI Commences Production of Tanker for Joint Venture with Crowley

    7 January 2014
    Business & Finance

    Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA, began production activities yesterday on the first product tanker that it is building for its joint venture with Crowley. Crowley and APSI have signed contracts for the first four tankers, with a total contract value of approximately $500 million. A small […]

  • USA: Aker Philadelphia Shipyard Lays Keel for New Product Tanker

    3 April 2012
    Business & Finance

    Aker Philadelphia Shipyard, a leading U.S. commercial shipyard, held a ceremonial keel laying yesterday morning for Ship 018, the 14th product tanker being built at the yard. Following long held shipbuilding tradition, coins were placed on one of the keel blocks that support the vessel during construction before the section of the ship was lowered […]

  • Hayling Island Works Wrap Up

    11 November 2019
    Business & Finance

    Eastern Solent Coastal Partnership (ESCP) said in their latest announcement that the beach nourishment works on Hayling Island are now successfully completed. The 2nd November storm event, which occurred the day after the dredger left site, overtopped the beach, leaving shingle and seawater on the promenade (typical of a storm event of such magnitude). “We […]

  • USA: Aker Philadelphia Shipyard Starts to Build Product Tanker

    25 October 2011
    Business & Finance

    Aker Philadelphia Shipyard​, a leading U.S. commercial shipyard, held a ceremonial keel laying this morning for Ship 017, the 13th product tanker being built at the yard. Following long held shipbuilding tradition, coins were placed on one of the keel blocks that support the vessel during construction before the section of the ship was lowered […]

  • APSI and Crowley Maritime in Joint Venture

    8 November 2013

    Aker Philadelphia Shipyard, Inc. (APSI), and Crowley Maritime Corporation have completed definitive documentation and satisfied the closing conditions for the joint venture related to the operation and chartering of at least four product tankers. The transaction was originally announced on August 9, 2013. The agreements include binding shipbuilding contracts for the first four product tankers, […]

  • SapuraKencana Profits Rise Despite Q4 Dive

    24 March 2015
    Business & Finance, Equipment, Operations & Maintenance

    SapuraKencana Petroleum Berhad has recorded net profit of RM 1.4 billion (approximately $383.6 million) for the financial year 2015 (FY2015), an increase of 32%, compared to RM 1.1 billion ($301 million). Malaysia’s offshore oil & gas contractor generated revenues of RM 9.9 billion ($2.7 billion) and profits before tax of RM 1.6 billion ($438 million) for FY2015 […]

  • SapuraKencana buys Petronas’ blocks for $400M

    20 November 2014
    Business & Finance

    SapuraKencana Petroleum Berhad will buy Petronas’ interest in three blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of $400 million. The economic effective date of the transaction is January 1, 2014 and SapuraKencana is entitled to net revenues from these Blocks from that date, the company said […]