414 results found for 'shah deniz'

414 results found for 'shah deniz'
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  • Keppel O&M Bags Drilling Rig Order from Azerbaijan

    4 June 2013
    Business & Finance

    Keppel Offshore & Marine Ltd through its subsidiaries Caspian Rigbuilders BV (an affiliated company of Keppel FELS) and Caspian Shipyard Company (CSC), has secured a contract from Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), to build a semisubmersible drilling rig, which includes owner furnished equipment, worth about […]

  • TAP Starts Near-Shore Survey in Italy

    26 January 2012
    Research & Development

    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 […]

  • Italy: TAP Undertakes Seabed Survey on Trans Adriatic Pipeline Route

    26 January 2012
    Business & Finance, Operations & Maintenance

    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 […]

  • TAP Starts ESIA Submission Process in Greece

    7 June 2011

      The Trans Adriatic Pipeline (TAP) announced today that it has commenced its Environmental and Social Impact Assessment (ESIA) process in Greece. The submission of its Scoping Report to the Greek authorities comes after similar moves in Albania and Italy earlier this year and will follow the European Bank for Reconstruction and Development (EBRD) guidelines, […]

  • USA: KBR Q3 Net Income Climbs

    28 October 2011

    KBR announced that third quarter 2011 net income attributable to KBR was $185 million, or $1.22 per diluted share, compared to net income attributable to KBR of $97 million, or $0.62 per diluted share, in the third quarter of 2010. Consolidated revenue in the third quarter was $2.4 billion compared to $2.5 billion in the […]

  • Statoil Delivers Solid Operational Performance in Second Quarter

    25 July 2014
    Business & Finance, Operations & Maintenance

    Statoil’s second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. “Statoil delivered solid operational performance in the quarter, with continued high production regularity on the Norwegian continental shelf and project execution according to plan. We […]

  • European Commission OKs Greece-TAP Agreement

    4 March 2016
    Business & Finance, Operations & Maintenance

    The European Commission has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state aid rules. The project should improve the security and diversity of EU energy supplies without unduly distorting competition in the single market. Margrethe Vestager, commissioner in charge of competition policy, stated: […]

  • Trans Adriatic Pipeline Starts ESIA Process in Italy

    17 May 2011
    Business & Finance

      The Trans Adriatic Pipeline (TAP) announced yesterday 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 […]

  • EU approves Greek support for TAP pipeline

    4 March 2016

    The European Commission has given nod to a deal for a pipeline that will bring “new gas” to EU and “increase the security of energy supply for Southeast Europe.” More precisely, the EC has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state […]

  • Trans Adriatic Pipeline Starts ESIA Process in Italy

    17 May 2011
    Business & Finance

    The Trans Adriatic Pipeline (TAP) announced yesterday 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 in […]

  • Statoil reports solid Q2 results

    25 July 2014

    Statoil’s  second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. “Statoil delivered solid operational performance in the quarter, with continued high production regularity on the Norwegian continental shelf and project execution according to plan. We […]

  • Statoil reports loss in Q3

    29 October 2014
    Business & Finance

    Statoil reported third quarter 2014 net operating income of NOK 17.0 billion, a decrease from NOK 39.3 billion in the third quarter of 2013. Net income was negative NOK 4.8 billion mainly due to impairments. Adjusted earnings were NOK 30.9 billion, a decrease from NOK 40.4 billion in the third quarter of 2013. “Statoil’s quarterly earnings […]

  • Statoil Earnings Down

    7 February 2014

    Statoil’s fourth quarter 2013 net operating income was NOK 43.9 billion. In 2013, net operating income was NOK 155.5 billion. At today’s Capital Markets Update, Statoil presents its plan for reduced capital expenditure by more than USD 5 billion from 2014-16 compared to previous plans. This will enable positive organic free cash flow after dividend […]

  • After years of inefficiency, majors start delivering upstream projects within budget and on time, Woodmac says

    14 August 2018

    The oil and gas industry may have finally turned around from “always delivering upstream projects behind schedule and over budget.”

  • KBR Income Decreases in 1Q 2013 (USA)

    26 April 2013
    Business & Finance

    KBR announced today that first quarter 2013 net income attributable to KBR was $88 million, or $0.59 per diluted share, compared to net income attributable to KBR of $91 million, or $0.61 per diluted share, in the first quarter of 2012. Consolidated revenue in the first quarter 2013 was $1.9 billion compared to $2.0 billion […]

  • Incat Crowther: First of Type 70m Catamaran Fast Crew Boat Under Construction (Australia)

    10 September 2013
    Business & Finance

    Incat Crowther announced a first of type 70m Catamaran Fast Crew Boat (FCB), compliant with IMO HSC code and complete with a crew transfer system consisting of dynamic positioning equipment class (DP2) coupled with a stabilized access platform. Construction of the vessel has commenced at the shipbuilder Incat Tasmania, with delivery scheduled for September 2014. […]

  • Incat Kicks Off Construction of 70m Catamaran FCB, Australia

    10 September 2013

    Construction of the first 70m Catamaran Fast Crew Boat (FCB), compliant with IMO HSC code and complete with a crew transfer system consisting of dynamic positioning equipment class (DP2) coupled with a stabilized access platform has commenced at the shipbuilder Incat Tasmania, with delivery scheduled for September 2014, announced today Incat Crowther. The vessel will […]

  • First oil gushes out of BP’s giant new offshore platform in Azerbaijan

    18 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    BP has started oil production from its new 48-slot production, drilling, and quarters platform in the Caspian Sea off the coast of Azerbaijan.

  • America and UK put two Russian oil majors on blacklist, as US sanctions spree spreads to 183 ‘shadow fleet’ vessels

    13 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    The latest raft of sanctions, which comes from the United States (U.S.) and the United Kingdom (UK), targets Russia’s energy sector by focusing on two giant Russian oil producers alongside means of enabling crude oil production and exports.

  • Report: $41 billion in oil & gas deals in 1Q 2014

    17 April 2014
    Business & Finance

    PLS Inc., a leading Houston-based research, transaction and advisory firm, in conjunction with its international partner Derrick Petroleum Services, reports that global upstream oil and gas M&A activity for Q1 2014 totaled $40.7 billion spread across 192 transactions (including 133 with deal value disclosed)

  • BP sinks to loss in first quarter 2016

    26 April 2016

    Oil major BP sank to a first-quarter loss of $583 million, compared with a profit of $2.6 billion a year ago, less than two weeks after its shareholders voted against the hefty salary package for the oil giant’s chief executive.  Back in February 2016, BP reported its worst annual loss in at least 20 years as the British […]

  • Statoil Delivers Leading O&G Exploration Results in Industry

    7 February 2014
    Business & Finance, Operations & Maintenance

    Statoil announced fourth quarter and preliminary 2013 results with fourth quarter 2013 net operating income of NOK 43.9 billion. In 2013, net operating income was NOK 155.5 billion. At the Capital Markets Update, Statoil presents its plan for reduced capital expenditure by more than USD 5 billion from 2014-16 compared to previous plans. This will […]

  • Statoil to reduce capex by $5 Billion

    7 February 2014

    Statoil’s fourth quarter and preliminary 2013 results and capital markets update Statoil’s  fourth quarter 2013 net operating income was NOK 43.9 billion. In 2013, net operating income was NOK 155.5 billion. At today’s Capital Markets Update, Statoil presents its plan for reduced capital expenditure by more than USD 5 billion from 2014-16 compared to previous plans. […]

  • BP 4Q Profit Slumps on Divestments, Weak Refining Margins, Write-Offs

    4 February 2014

    BP today announced its financial results for the fourth quarter and full year of 2013. Underlying replacement cost profit for the fourth quarter was $2.8 billion, compared with $3.9 billion for the fourth quarter of 2012. Full-year underlying replacement cost profit was $13.4 billion for 2013, compared with $17.1 billion for 2012.   Compared with the […]

  • BP’s giant incoming hydrocarbon projects to watch in 2023

    5 December 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Heavy lifting, Outlook & Strategy, Project & Tenders, Transition

    While tackling the energy trilemma, BP has been working on multiple projects and three of these are on track to start up next year.