2234 results found for 'ulstein'

2234 results found for 'ulstein'
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  • Singapore: Keppel Wins US$180 mil KFELS B Class Jackup Rig Contract from Standard Drilling

    25 November 2010
    Business & Finance

    Keppel FELS Limited (Keppel FELS) has secured an order for a KFELS B Class jackup rig worth US$180 million from Standard Drilling Ltd (Standard Drilling), a subsidiary of Norwegian investment company, Ferncliff TIH AS Group (Ferncliff). As part of the agreement, Standard Drilling has been given options to build another two similar jackup units. If […]

  • In focus: Renewables making headway as Shell ruling sounds alarm on energy transition urgency

    28 May 2021
    Authorities & Government, Business Developments & Projects, Collaboration, Environment, Equipment, Infrastructure, Innovation, Market Outlooks, Project & Tenders, Technology, Transition

    A historic ruling has shaken the energy market this week after a Dutch court ordered oil major Shell to reduce its carbon emissions by 45 per cent by 2030 compared with 2019 levels. The decision was delivered in connection with a climate change case filed against Shell in 2019 by Dutch environmental organization Friends of the […]

  • Statoil Signs Transaction Agreement with Wintershall for NCS Assets

    22 October 2012
    Business & Finance, Project & Tenders

    Statoil ASA has signed an agreement to exit the Brage licences, farm down in Gjøa and Vega and acquire a 15 % stake in the Edvard Grieg licence near the Johan Sverdrup field in the North Sea. This transaction with the German oil and gas company Wintershall gives Statoil net proceeds of USD 1.45 billion, […]

  • Schlumberger Acquires Equity Shares in Framo Engineering AS (Norway)

    29 June 2011
    Business & Finance, Operations & Maintenance

      Schlumberger announced the acquisition of the remaining equity shares from Frank Mohn AS in Framo Engineering AS—a privately owned Norwegian company specialized in the business of developing, manufacturing and selling products and services relating to multiphase pumps and subsea pump-systems, multiphase metering systems, and swivels and marine systems to the oil and gas industry. […]

  • Bond Offshore Helicopters Crew Honored for Bravery in ‘VOS Sailor’ Rescue Mission

    4 October 2013

    A Bond Offshore Helicopters crew was honored yesterday for its key role in a dramatic North Sea rescue last December The crew has received an award at the Shipwrecked Mariners’ Society’s annual Skill and Gallantry Awards which for 162 years has recognised the bravery of those who risk their lives in dangerous sea and air/sea rescues. […]

  • Northern Lights CEO: We are making CCS viable

    25 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The carbon capture and storage (CCS) business has been facing strong headwinds on its journey to becoming a feasible lever for hard-to-abate sectors to decarbonize. The role of carbon capture is increasingly gaining prominence as governments come to realize that renewable energy alone cannot provide the scale of emissions reduction needed by 2050. In response […]

  • TenneT Reports Solid Financial Results

    1 August 2014
    Business & Finance, Operations & Maintenance

    High-voltage transmission grid operator TenneT continued to provide very high system reliability (99.9999%), benefiting 36 million end-users in the Netherlands and Germany. Financial results in the first half of 2014 were solid. Increases in revenue and EBIT kept pace with the company’s ongoing investments in grid reinforcements and expansions. Importantly, the Dutch Minister of Economic […]

  • UK: Tidal Turbine in Orkney Producing Electricity

    17 May 2012

    An underwater turbine that is set to be used in Scotland’s first and only consented tidal power project has successfully completed an initial testing period in Orkney, and is providing electricity for homes and businesses on the island of Eday, one of Orkney’s northern isles. The 1MW power generator was installed last December, in some […]

  • USA: Chesapeake Energy Corporation Announces Louis A. Simpson to Join Board of Directors

    24 January 2011

    Chesapeake Energy Corporation today announced that its board of directors has extended an invitation to Louis A. Simpson to join the Chesapeake Board of Directors. Mr. Simpson has accepted Chesapeake’s invitation and will fill the vacancy created by the retirement of Mr. Frederick B. Whittemore, the final nonexecutive member of Chesapeake’s 1992 founding board of […]

  • Statoil Recommends Timeline for Electrification of Utsira High (Norway)

    1 November 2012
    Business & Finance, Operations & Maintenance

    Statoil recommends a timeline for joint power supply from land to the Edvard Grieg, Ivar Aasen, Johan Sverdrup and Dagny fields, which will start power deliveries to this area of the Utsira High in the North Sea from 2018. The recommended proposed timeline for an area solution for joint power supply from land entails installation […]

  • GoM oil firms returning workers to offshore platforms after storm Barry

    16 July 2019

    Anadarko, BP, Shell returning workers to offshore platforms after storm

  • Tidal Turbine Produces Electricity in Orkney (UK)

    17 May 2012
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    An underwater turbine that is set to be used in Scotland’s first and only consented tidal power project has successfully completed an initial testing period in Orkney, and is providing electricity for homes and businesses on the island of Eday, one of Orkney’s northern isles. The 1MW power generator was installed last December, in some […]

  • NATO to Minimize Impact of Libyan Operation on Merchant Shipping

    23 June 2011

      NATO is working to ensure that shipping in the Mediterranean, one of the world’s most important shipping areas, is not disrupted by its mission in Libya. Some 30 per cent of all international sea-borne trade by volume comes from or is directed to ports in the Mediterranean or passes through its waters, including 18 […]

  • Tullow to buy Calima’s offshore acreage in Namibia

    23 May 2019

    London-listed Tullow Oil has agreed to buy Calima Energy’s interest in the Namibia offshore PEL 90 license (Block 2813B) in the Orange Basin for $2 million plus bonuses that count add further $10 million.

  • UK: SeaGen Tidal Turbine Gets All-Clear from Environmental Studies

    17 January 2012
    Business & Finance, Equipment

    As well as being a renewable energy success , SeaGen, the world’s first commercial tidal current energy turbine is also an environmental success. The tidal turbine, designed and deployed by Marine Current Turbines Ltd (MCT) and located in Northern Ireland’s Strangford Lough has had no major impact on the Lough’s marine life. This is the […]

  • Tidal Turbine in Strangford Lough Environmentally Friendly (UK)

    17 January 2012

    As well as being a renewable energy success , SeaGen, the world’s first commercial tidal current energy turbine is also an environmental success. The tidal turbine, designed and deployed by Marine Current Turbines Ltd (MCT) and located in Northern Ireland’s Strangford Lough has had no major impact on the Lough’s marine life. This is the […]

  • Three Odfjell Drilling-managed rigs are hard at work offshore Namibia

    23 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Three rigs are carrying out operations for three giant oil and gas players – the UK’s Shell, France’s TotalEnergies, and Portugal’s Galp – offshore Namibia.

  • Schumer: Hudson River Communities Need Federal Protection (USA)

    20 February 2013
    Business & Finance

    Yesterday, at the Scenic Hudson Riverfront Park in Irvington, Senator Schumer called on the U.S. Army Corps of Engineers (USACE) to include Hudson River communities in the $20 million comprehensive study of flood-prone coastal populations that were impacted by Hurricane Sandy. Schumer highlighted that the Army Corps study, which is still in planning stages, is […]

  • Apply Secures New Contracts Worth USD 245.8 Million

    16 July 2012
    Business & Finance, Project & Tenders

    Apply has over the last weeks been awarded contracts worth over 1.5 billion NOK. In addition to significant contracts in Norway, new projects as far apart as Canada and Australia confirm the Group’s growing international scope. Living Quarters to the Hebron platform, offshore Canada to Apply Leivik Worley Parsons has announced the intent to award […]

  • New owners poised to capitalize on growth opportunities

    10 January 2011

    BW Ventures and Investinor AS have made an agreement to acquire OceanSaver, one of the largest ballast water management (BWM) system providers in the world. This move strengthens OceanSaver’s expansion strategy and roll out of its current NOK 400 million BWM order book. The sale will be finalized following approval by the Norwegian competition authorities […]

  • Germany: Kiel Port Moves in Right Direction

    14 January 2014
    Business & Finance, Equipment, Technology

    The Port of Kiel successfully maintained its sound handling result in 2013. With a performance of 6.32 million tons the result for the previous year was even slightly surpassed by 12,000 tons resp. 0.2 %. The ferry lines form the backbone of the port’s business, rising up to 5.1 million tons (plus 1.3 %) and […]

  • Lundin to increase spending in 2020 by 30 pct

    31 January 2020
    Business & Finance

    Swedish oil and gas company Lundin Petroleum has increased its 2020 budget by 30 percent compared to the last year and boosted its production guidance for the year with expectations for long-term growth.  Lundin said on Friday that its 2020 development, appraisal, exploration and abandonment budget would total $1.27 billion, representing a 30 percent increase […]

  • ABB: Large ships powered by fuel cells are on the horizon

    20 May 2020
    Innovation, Research & Development, Technology, Vessels

    The development of the zero-emission ships will require continuous technological innovation to get the industry to its ultimate objective of decarbonizing shipping. As such, the path toward a green future will not be unified as the industry would have to rethink the ways it has been building ships so far and come up with alternatives. […]

  • Apply Bags USD 245.8 Mln Worth of Contracts (Norway)

    16 July 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Apply has over the last weeks been awarded contracts worth over 1.5 billion NOK (245.8 million USD). In addition to significant contracts in Norway, new projects as far apart as Canada and Australia confirm the Group’s growing international scope. Living Quarters to the Hebron platform, offshore Canada to Apply Leivik Worley Parsons has announced the […]

  • New Tappan Zee Bridge Secures Largest TIFIA Loan Ever (USA)

    20 December 2013

    Governor Andrew M. Cuomo today announced that the New York State Thruway Authority and the U.S. Department of Transportation (USDOT) have closed on a $1.6 billion low interest loan from USDOT’s Transportation Infrastructure Finance and Innovation Act (TIFIA) program to support the New NY Bridge project. The TIFIA loan is the largest in the history […]