Search results for: valuation

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A list of search results

  • 23 April 2020
    Project & Tenders, Research & Development

    Germany’s Federal Maritime and Hydrographic Agency (BSH) has awarded VBW Weigt with a contract for hydrographic investigation in the N-6 offshore wind area in the North Sea. The seafloor investigation is part of the geological preliminary investigation in the area and includes data acquisition, data processing, evaluation, and documentation.  The work will be done at two sites […]

  • 17 April 2020
    Business & Finance, Business developments & projects

    Schlumberger took an $8.5 billion charge in the first quarter of the year rocked by the low oil price environment and the coronavirus pandemic.

  • 17 April 2020
    Business & Finance

    Seabed Geosolutions is feeling the impact of the COVID-19 pandemic on its activity. A significant ongoing project in the Middle East has been cancelled and another project that was scheduled to start imminently in Brazil has been postponed. In response, Seabed will implement rigorous cost and capex reduction measures. A deep water project in Brazil, […]

  • 16 April 2020
    Business & Finance

    The RECOVER Lake Okeechobee Stage Performance Measure used to evaluate regional scenarios for the Comprehensive Everglades Restoration Plan (CERP) has been approved by the RECOVER (Restoration, Coordination & Verification) Executive Committee. RECOVER (REstoration COordination & VERification) is a multi-agency team of scientists, modelers, planners and resource specialists who organize and apply scientific and technical information […]

  • 15 April 2020
    Business & Finance, Business developments & projects

    Lundin Energy has secured a further credit commitment to provide the company with further financing flexibility amid expected exploration costs of $28 million and forex loss of $359 million in 1Q 2020.

  • 9 April 2020
    Authorities & Government

    The Office of Energy Efficiency and Renewable Energy (EERE) is issuing on behalf of the Water Power Technologies Office (WPTO) a prerecorded webinar to provide information to potential applicants on recent funding opportunity announcement. On March 31, 2020, the US Water Power Technologies Office released a $22 million funding opportunity announcement (FOA) to leverage the […]

  • 7 April 2020
    Business & Finance, Business developments & projects, Project & Tenders

    Oil major ExxonMobil is reducing its 2020 capital spending by 30 percent and lowering cash operating expenses by 15 percent in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic.

  • 3 April 2020
    Exploration & Production, Infrastructure, Regulation & policy, Safety

    Brazilian oil and gas regulator ANP has temporarily suspended the country’s 17th Bidding Round for the award of offshore exploration and production acreage due to the coronavirus crisis.

  • 3 April 2020
    Business developments & projects, Project & Tenders

    Swedish energy company Vattenfall has decided not to participate in the tender for the Hollandse Kust (noord) offshore wind farm in the Netherlands, citing uncertainty over the COVID-19 pandemic as the reason. ”In light of the current COVID-19 situation, we have carefully evaluated our risk-reward balance against the remainder of our strong pipeline and the […]

  • 2 April 2020
    Business & Finance

    Fincantieri closed 2019 with record revenues driven by a significant increase in cruise ship production volumes.

  • 2 April 2020

    Seismic services provider PGS has completed the acquisition on its MC3D Kwanza Shelf survey offshore Angola.

  • 1 April 2020
    Authorities & Government

    The U.S. Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has launched a $22 million funding opportunity to leverage the expertise and intellectual capital of non-federal research institutions by supporting foundational research and development and expanded testing capacity to advance the marine energy industry. The so-called ‘funding opportunity announcement’ (FOA) entitled, “Marine Energy Foundational […]

  • 31 March 2020
    Exploration & Production, Infrastructure, Market outlooks, Outlook & strategy

    Southeast Asia’s rig market, which was poised for growth in 2020, is now set for a decline. Several oil companies have already made significant cuts to their 2020 capex budgets due to the impact of the Covid-19 pandemic and the ongoing oil price war, a Rystad Energy’s analysis shows.

  • 31 March 2020
    Exploration & Production

    Southeast Asia’s rig market, which was poised for growth in 2020, is now set for a decline. Several oil companies have already made significant cuts to their 2020 capex budgets due to the impact of the Covid-19 pandemic and the ongoing price war, a Rystad Energy’s analysis shows.

  • 30 March 2020
    Research & Development

    EU-funded Atlantic Action Plan (AAP) has launched the call of applications to select the 2020 Atlantic Project Awards. The Atlantic Project Awards will showcase and promote the individual winners while at the same time highlight the incorporation and scaling up of best practices at regional and national levels while promoting the key priorities of Atlantic […]

  • 30 March 2020
    Vision

    EU-funded Atlantic Action Plan (AAP) has launched the call of applications to select the 2020 Atlantic Project Awards. The Atlantic Project Awards will showcase and promote the individual winners while at the same time highlight the incorporation and scaling up of best practices at regional and national levels while promoting the key priorities of Atlantic […]

  • 26 March 2020
    Business & Finance, Market outlooks, Outlook & strategy

    The first two quarters of 2020 look very promising for the tanker markets, according to Nikolas Tsakos, President and CEO of Tsakos Energy Navigation (TEN). The estimate comes at a very turbulent time for tanker owners marked by oil price collapse after the fallout between Russia and OPEC countries on the proposed oil production cuts […]

  • 26 March 2020

    Searcher Seismic has reached a marketing and sales agreement with Autoridade Nacional Do Petroleo E Minerals (ANPM), the Timor-Leste’s Petroleum Authority. The agreement is for the Searcher’s offshore Timor-Leste data and study package. Searcher, in collaboration with Discover Geoscience, is offering the industry access to a comprehensive open-file seismic package which will expedite clients’ ability […]

  • 25 March 2020
    Business developments & projects, Project & Tenders

    Germany’s Federal Maritime and Hydrographic Agency (BSH) has issued a tender for geophysical site investigation in the N-6 offshore wind area in the North Sea. The geophysical survey is set to be carried out this summer as part of the geological preliminary investigation at the N-6.6 and N-6.7 areas. The work includes the measurement of approximately 1,100km using […]

  • 25 March 2020
    Authorities & Government, Regulation & policy, Rules & Regulation

    The European Commission has prolonged for another four years the regulation outlining the conditions under which liner shipping consortia can provide joint services without infringing EU antitrust rules. The commission believes that the regulation is still fit for purpose as it allows liner companies operational cooperation that leads to economies of scale and better utilization […]

  • 25 March 2020
    Rules & Regulation

    The regulation is now extended until April 25, 2024.

  • 24 March 2020

    Zenith Energy has entered into a conditional deed of variation to amend the terms of the acquisition of an 80 percent interest in AAOG’s subsidiary which is the operator of the Tilapia oilfield in the Republic of the Congo.

  • 17 March 2020
    Research & Development, Technology

    Canada’s Northland Power has elected to permanently forego the installation of the Deutsche Bucht Mono Bucket Foundations Demonstrator Project. As reported earlier, the installation of the two turbines utilizing mono bucket foundations at the wind farm in the German North Sea was paused in the fourth quarter of 2019 following the identification of technical issues. […]

  • 16 March 2020

    UK-based Jersey Oil & Gas (JOG) has established and will lead the Greater Buchan Area joint integrated studies agreement between neighboring field operators.

  • 13 March 2020
    Business & Finance

    A total of 2,042 people have disembarked the coronavirus-stricken cruise ship Grand Princess.