Search results for: uplift

333 results

A list of search results

  • 12 February 2008

    Prosafe has been awarded a Letter of Intent by Interpetroleum Services Limited in association with Ocean Oil Construction and Services Ltd for the five accommodation/ service rigs Safe Britannia, Safe Lancia, Safe Regency, Safe Hibernia and Jasminia. All rigs will continue to work at the Cantarell field for Pemex in Mexico.

  • 6 May 2013

    The Norwegian Government on Friday, May 5, introduced a proposal to reduce the tax deduction called “uplift” in the petroleum tax system from 7.5 per cent to 5.5 per cent. The overall uplift is thereby reduced from 30 per cent to 22 per cent. The government explains that the proposal will lead to more efficient use […]

  • 17 January 2018

    Electromagnetic Geoservices (EMGS) is expecting an uplift in revenues following the latest license awards offshore Norway.

  • 6 May 2013

    After the Norwegian government on 5 May announced a proposal to reduce the uplift in the petroleum tax system from 7.5 per cent to 5.5 per cent, Statoil, Norway’s largest oil company issued a press release in which it estimates the impact of proposed change in Norwegian petroleum tax on the company. The preliminary estimated […]

  • 30 May 2016
    Business & Finance

    Electromagnetic Geoservices ASA (EMGS) expects to generate revenue from its multi-client library in Barents Sea following the Ministry of Petroleum and Energy’s offer of ten new production licenses in the 23rd licensing round on the Norwegian continental shelf. The Ministry of Petroleum and Energy offered ten new production licenses in the Barents Sea to a […]

  • 30 May 2016

    Following the recent award of ten new production licenses offshore Norway, the geophysical services company Electromagnetic Geoservices (EMGS) expects to generate multi-client revenues, owing to its Barents Sea multi-client library.  To remind, earlier in May, Norway’s Ministry of Petroleum and Energy announced the offer of ten new production licenses in the 23rd licensing round on […]

  • 16 March 2020

    CNOOC Limited has made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized oil field in Laibei lower uplift.

  • 26 November 2019

    Australian LNG project developer, LNG Limited, has further extended the validity period of the Magnolia LNG engineering, procurement and construction deal with KSJV. 

  • 17 March 2020
    Operations & Maintenance

    CNOOC Limited has made a discovery, Kenli 6-1, in Bohai Bay, which is expected to be the first large-sized oil filed in Laibei lower uplift. The Kenli 6-1 structure is located in Laibei lower uplift in southern Bohai basin with an average water depth of about 19.2 meters. The discovery well KL6-1-3 was drilled and completed […]

  • 24 October 2014
    Business & Finance, Operations & Maintenance, Research & Development

    CNOOC Limited has made a mid-to-large new discovery Jinzhou 23-2 in Bohai. Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10 meters. The well Jinzhou 23-2-3 is drilled and completed at a depth of 1,097 meters and encountered oil and gas pay zones […]

  • 13 June 2013
    Business & Finance, Operations & Maintenance

    The Ministry of Petroleum and Energy announced the award of new licenses in the 22nd Licensing Round on the Norwegian Continental Shelf. Based on these awards, EMGS expects to realize uplift revenues of approximately USD 9 million from data-licensing agreements related to the company’s multi-client library in the Barents Sea. The uplift revenues are subject […]

  • 4 June 2014
    Business & Finance, Research & Development

    Nexans, a global expert in cables and cabling systems, has established a new Scientific Committee to boost innovation, one of its primary goals, and further differentiate its cable products and technologies. The Scientific Committee is responsible for holding discussions on Nexans’ research areas to both identify new technology that will create value for Nexans’ customers […]

  • 13 June 2013
    Business & Finance

    The Ministry of Petroleum and Energy yesterday announced the award of new licenses in the 22nd Licensing Round on the Norwegian Continental Shelf. Based on these awards, EMGS expects to realize uplift revenues of approximately USD 9 million from data-licensing agreements related to the company’s multi-client library in the Barents Sea. The uplift revenues are […]

  • 26 February 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Bristol-based engineering design and product development services provider Blackfish has won a contract to supply a lifting platform for the University of Southampton’s new wave tank facility.

  • 24 October 2014
    Project & Tenders

    CNOOC Limited has made a mid-to-large new discovery Jinzhou 23-2 in Bohai, China.  Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10 meters. The well Jinzhou 23-2-3 is drilled and completed at a depth of 1,097 meters and encountered oil and gas […]

  • 17 August 2017
    Business & Finance, Operations & Maintenance, Technology, Vessels

    Mainstay Marine Solutions has secured funding to support the purchase of 150/200 ton amphibian hoist that will expand its ability to provide services for vessels and marine renewable energy (MRE) devices.

  • 5 October 2010

    The sale is worth approximately $4 million, but it totals $10 million including industry pre-funding, the company says in a statement. The company’s multi-client data library in the Barents Sea covers more than 16,000 km2 of 3D EM data. The company expects further co-called late sales and contractual uplifts.

  • 14 April 2020
    Business developments & projects, Exploration & Production, Infrastructure, Project & Tenders

    Conrad Petroleum has seen an uplift in its resource estimate on the Mako gas field, part of the Duyung PSC in the West Natuna Basin, offshore Indonesia.

  • 12 July 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    Bristol-based engineering company Blackfish has completed the installation of a lifting platform for the University of Southampton’s Boldrewood marine energy test facility.

  • 13 February 2015
    Operations & Maintenance

    Electromagnetic Geoservices ASA (EMGS), a provider of EM technology to the offshore market, announced a sale from its multi-client library in the Barents Sea. The company will receive uplift revenues of USD 2.5 million related to the licensing round for mature areas on the Norwegian continental shelf. EMGS’ multi-client data library in Norway now covers […]

  • 28 October 2019
    Operations & Maintenance, Project & Tenders

    Electromagnetic Geoservices (EMGS) has received a USD 8 million multi-client contract from an undisclosed customer. Under the contract, the customer will license certain data from the EMGS’ existing EM multi-client library in Norway and settle future potential uplift obligations towards the company for certain multi-client data already licensed by the customer. The contract furthermore includes […]

  • 3 September 2015
    Business & Finance

    Norwegian geophysical company Magseis has started a multi-client program in the Barents Sea. This survey builds on previous work conducted in the Barents Sea for Statoil and Lundin Petroleum. According to Magseis, in the previous work in the Barents Sea, its Marine Autonomous Seismic System (MASS) has delivered a significant uplift in imaging relative to […]