414 results found for 'shah deniz'

414 results found for 'shah deniz'
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  • Statoil improves profit despite output drop

    25 July 2014
    Business & Finance, Project & Tenders

    Statoil has delivered results for the second quarter 2014. Net operating income was $5.16 billion (NOK 32.0 billion), a decrease of approximately $371 million (NOK 2.3 billion) compared to the second quarter of 2013 adjusted earnings were $5.21 billion (NOK 32.3 billion). “Statoil delivered solid operational performance in the quarter, with continued high production regularity on the Norwegian continental […]

  • EnerMech wins $50M worth of Caspian contracts

    3 April 2017
    Business & Finance

    Aberdeen-headquartered mechanical engineering group EnerMech has secured contracts with major operators in the Caspian region valued at more than £40 million ($50 million). According to Enermech, the contracts involve several of the company’s service lines including cranes and lifting, process, pipelines and umbilicals, valves, training and industrial services. The company said it was awarded a […]

  • CTTC marks 10-year anniversary (Azerbaijan)

    29 May 2014
    Business & Finance, Equipment, Project & Tenders

    The Caspian Technical Training Centre (CTTC) in Sangachal has celebrated the 10th anniversary of its successful operation. The centre was opened in May 2004 by BP and its partners in Azeri-Chirag-Gunashli, Shah Deniz, Baku-Tbilisi-Ceyhan and South Caucasus Pipeline projects.

  • BP picks KBR for pre-FEED work on Tortue project

    17 August 2017
    Business & Finance

    U.S. engineering company KBR has been awarded pre-front end engineering design (FEED) and project support services contracts by BP for the development of the Tortue / Ahmeyim field offshore Mauritania and Senegal.  Under KBR’s global services agreement with BP, KBR has won these new contracts to provide pre-FEED and project support covering design of the […]

  • USA: KBR Q1 Revenue Down

    26 April 2012

    KBR announced today that its first quarter 2012 net income was $91 million, or $0.61 per diluted share, compared to net income of $105 million, or $0.69 per diluted share, in the first quarter of 2011. Consolidated revenue in the first quarter 2012 was $2.0 billion compared to $2.3 billion in the first quarter of […]

  • Ex BG exec new TAP boss

    7 January 2015
    Business & Finance

    Trans Adriatic Pipeline AG (TAP) has confirmed the appointment of Ian Bradshaw as its new Managing Director starting on February 1, 2015 in Baar, Switzerland.  Kjetil Tungland will return to Norway after having headed the joint venture project for over four and half years and having completed his Statoil secondment with TAP. According to TAP, Kjetil […]

  • Caspian Technical Training Centre Marks 10th Anniversary

    29 May 2014
    Business & Finance, Research & Development

    The Caspian Technical Training Centre (CTTC) in Sangachal celebrated the 10th anniversary of its successful operation. The centre was opened in May 2004 by BP and its partners in Azeri-Chirag-Gunashli (ACG), Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) and South Caucasus Pipeline (SCP) projects. CTTC is a world class technical training facility which was established to meet the […]

  • Greek Govt and TAP Sign Host Government Agreement

    27 June 2013

    The Greek Government (the Ministry of Energy, Environment and Climate Change – MEECC) and the Trans Adriatic Pipeline (TAP) project have signed the Host Government Agreement (HGA) in Athens, agreed in principle last week. The HGA sets out the framework by which the project will be realized and operated on Greek territory. This includes processes […]

  • TAP Gets New Managing Director

    7 January 2015
    Business & Finance, Operations & Maintenance

    Trans Adriatic Pipeline AG (TAP) has confirmed the appointment of Ian Bradshaw as its new Managing Director starting on 1st February 2015 in Baar. Kjetil Tungland will return to Norway after having headed the joint venture project for over four and half years and having completed his Statoil secondment with TAP. Kjetil joined TAP in […]

  • Italy: TAP Inspects Seabed Along the Future Pipeline Route

    26 January 2012
    Business & Finance

    The Trans Adriatic Pipeline started a near-shore survey near San Foca, Lecce, in Italy on Tuesday, the 24th of January. The purpose of the survey is to collect samples of the soil on the Adriatic seabed along the future route of the natural gas pipeline, which plans to bring Caspian gas to southern Italy. TAP […]

  • E.ON Ruhrgas Gets 15% Combined Stake in Trans Adriatic Pipeline Project From Statoil and EGL

    20 May 2010
    Project & Tenders

    Statoil and EGL today, 20 May, announced the divestment of a combined stake of 15% in the Trans Adriatic Pipeline Project (TAP) to E.ON Ruhrgas – a leading energy provider. The new shareholder structure of the Trans Adriatic Pipeline project now comprises of EGL holding a 42.5% share, Statoil holding a 42.5% share and the […]

  • Douglas Westwood: Offshore prospects for 2016: Playing the waiting game?

    28 December 2015
    Exploration & Production

    This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an eleven-year low in December, it is time to reflect on the year gone by and consider the outlook for the year to come, Douglas-Westwood, an energy […]

  • TAP Discloses ESIA Report to Local Communities in Albania

    21 November 2012
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    As part of its stakeholder engagement activities, TAP is disclosing the contents of the ESIA report to the local communities in Albania. Residents of areas potentially affected by the pipeline are invited to provide their views and comments, which will be incorporated in the project development. The Trans Adriatic Pipeline (TAP) is a natural gas […]

  • Trans Adriatic Pipeline Secures €3.9B Project Financing

    14 January 2019
    Business & Finance, Operations & Maintenance

    Trans Adriatic Pipeline project (TAP) has completed financial close in December 2018, securing € 3.9 billion – the largest project finance agreed for a European infrastructure project in 2018. Luca Schieppati, TAP’s managing director, said: “With the financial close now achieved, TAP has reached another major milestone of the project’s progress. TAP has voluntarily committed […]

  • TAP Conducts Seabed Survey North of Vlore Offshore Albania

    23 February 2012
    Business & Finance, Operations & Maintenance

    On the 23rd of February the Trans Adriatic Pipeline started a nearshore survey north of Vlore in south-eastern Albania. The purpose is to collect samples of the seabed soil near the Albanian coast along the planned route of the natural gas pipeline, which plans to bring Caspian gas to southern Italy. TAP will conduct seabed […]

  • TAP Starts Seabed Survey Offshore Albania

    23 February 2012

    On the 23rd of February the Trans Adriatic Pipeline started a nearshore survey north of Vlore in south-eastern Albania. The purpose is to collect samples of the seabed soil near the Albanian coast along the planned route of the natural gas pipeline, which plans to bring Caspian gas to southern Italy. TAP will conduct seabed […]

  • Trans Adriatic Pipeline to Start Offshore Surveys in Adriatic Sea

    19 December 2012
    Business & Finance, Operations & Maintenance

    TAP plans to start offshore surveys in the Adriatic Sea this winter. The goal is to collect additional data and samples to identify optimal offshore routing. TAP plans offshore surveys that will consist of various investigations along the proposed offshore pipeline route in the Adriatic Sea in international, Italian and Albanian waters. The purpose of […]

  • ‘Muslim Magomayev’ on sea trials

    17 September 2014

    Incat Crowther has announced the launch and sea trials of Muslim Magomayev, a first-of-type 70m Catamaran Fast Crew Boat (FCB).

  • TAP Starts ESIA Submission Process in Italy

    16 May 2011

      The Trans Adriatic Pipeline (TAP) announced today that it has commenced the project’s formal Environmental and Social Impact Assessment (ESIA) process in Italy. The submission of its Scoping Report to the Italian authorities follows a similar move in Albania last month. The Scoping Report document was presented to national, regional, provincial and municipal authorities […]

  • Total’s profit, production drop

    30 July 2014
    Business & Finance

    French oil company Total today reported its adjusted net income for the second quarter of 2014 fell 12% compared to the corresponding period of 2013. The company recorded income of ∼$3.2 billion versus ∼$3.6 billion a year ago. Commenting on the results, Chairman and CEO Christophe de Margerie said: “Growing geopolitical tensions marked the second quarter […]

  • TAP Searching for Best Pipeline Route for Caspian Gas (Italy)

    19 December 2012

    Trans Adriatic Pipeline (TAP) plans to start offshore surveys in the Adriatic Sea this winter. The goal is to collect additional data and samples to identify optimal offshore routing. TAP plans offshore surveys that will consist of various investigations along the proposed offshore pipeline route in the Adriatic Sea in international, Italian and Albanian waters. […]

  • Nordstream, Gasunie, Gate Terminal and Qatargas Big Winners at European Gas Conference Awards

    26 January 2012

    Nordstream, Gasunie, Gate Terminal and Qatargas emerged as the overall winners in the closely contested European Gas Conference Awards which were announced at a gala reception hosted by Austrian gas giant OMV in Vienna on 25 January. Nordstream won the award for “Pipeline of the Year”, Gasunie the “TSO of the Year”, Gate Terminal the […]

  • SOCAR Orders $800Mln Semi-Submersible Rig from Keppel

    4 June 2013

    Keppel Offshore & Marine Ltd (Keppel O&M) has, through its subsidiaries Caspian Rigbuilders BV and Caspian Shipyard Company (CSC), secured a contract from Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), to build a semi-submersible drilling rig, which includes owner furnished equipment, worth about US$800 million. Scheduled for delivery […]

  • Wood Mackenzie: Drop in exploration ahead for Caspian region. Production to rise

    30 January 2015
    Exploration & Production

    Wood Mackenzie’s Caspian upstream research team have assessed the most significant events of 2014 impacting the region’s oil and gas sector, including the Ukraine crisis and the collapse of global oil prices and significant progress with the region’s high profile megaprojects, identifying the key areas to watch this year. Samuel Lussac, Manager of Wood Mackenzie’s […]

  • EIA: Oil and Gas Production Growing in Caspian Sea Region

    12 September 2013

    The Caspian Sea region, which includes Russia, Azerbaijan, Kazakhstan, Turkmenistan, Uzbekistan, and Iran, is one of the oldest oil-producing areas in the world and is an increasingly important source of global energy production. The area has significant oil and natural gas reserves from both offshore deposits in the Caspian Sea itself and onshore fields in […]