2876 results found for 'zagreb-1'

2876 results found for 'zagreb-1'
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  • Northern Offshore delays deliveries for two jack-up rigs

    31 March 2015
    Business & Finance, Exploration & Production, Project & Tenders

    Northern Offshore, Ltd. has negotiated a nine month delay in the deliveries of its high specification jack-ups, Energy Engager and Energy Encounter from a shipyard in China. The new delivery dates for these units are December 2016 and June 2017 respectively. President and CEO Gary Casswell commented: “We sincerely appreciate the cooperation of our shipyard […]

  • Peter Döhle Ticks MacGregor Onboard Care Box

    17 January 2017
    Business & Finance

    MacGregor, part of Cargotec, has signed a three-year MacGregor Onboard Care (MOC) service agreement with the German shipping company, Peter Döhle Schiffahrts Group, for an annual inspection of deck machinery, steering gear and cranes on the company’s mixed fleet of 70 vessels. The agreement became effective as of January 1, 2017. The MOC service contract will […]

  • MEO Australia assigns offshore permit interest to Origin

    4 July 2016

    MEO Australia, the independent oil and gas explorer agreed to assign its 50 percent interest in the WA-454-P exploration permit, in the Bonaparte Gulf, offshore northern Australia to Origin Energy.

  • SK E&C awarded EPC contract for Magnolia LNG

    1 December 2014

    LNG Limited reports its unit, Magnolia LNG has agreed to an EPC contract with SK E&C.

  • Shell completes QCLNG unit $2.5 bln stake sale

    15 March 2021
    Business & Finance, Business Developments & Projects

    The Hague-based oil and LNG major Shell has completed the sale of a minority stake in a QCLNG unit to Global Infrastructure Partners Australia for a consideration of $2.5 billion.

  • Mermaid Terminates Newbuild Contract

    7 December 2016
    Business & Finance, Project & Tenders

    Mermaid Maritime and China Merchants Industry Holdings have mutually agreed to cancel the construction contract for the DP2 dive support and construction vessel ‘Mermaid Ausana’, effective December 6, 2016. The two companies previously settled to postpone the delivery of the vessel to June 30, 2017. The construction deal had already seen Mermaid pay a pre-paid installment of USD 20.4 million. […]

  • OMV sells Tunisian oil field stake to Perenco

    2 August 2017
    Business & Finance

    Austrian oil company OMV has closed the sale of its 50% stake in the Ashtart oil field, located in the Gulf of Gabes, Tunisia, as well as its 50% stake in the operating company SEREPT to Perenco.  OMV’s average net production from Ashtart was 3,000 boe/d in 2016. The economic effective date of the transaction […]

  • Eni Extends Abo FPSO Contract in Nigeria

    2 December 2013

    BW Offshore has signed an extension contract for FPSO Abo with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., of six months until the end of Q2 2014. The extension has been agreed to secure operational continuity while joint work to detail longer term programs for investment and production is completed. Abo FPSO has […]

  • Samsung Heavy and Korea Eximbank Take Reins at Sungdong Shipbuilding

    1 September 2015
    Business & Finance

    South Korean shipbuilder Samsung Heavy Industries and the Export-Import Bank of Korea (Korea Eximbank) have agreed to take over and jointly manage the financially troubled Sungdong Shipbuilding & Marine Engineering for an initial period of four years, the state-run lender said in a release. Samsung Heavy will be in charge of Sungdong’s sales, procurement, production and technology sectors, a […]

  • Alfa, Harbour cancel Pacific Rubiales takeover

    9 July 2015

    Pacific Rubiales Energy said that, at the request of Alfa and Harbour Energy, it has agreed to terminate the takeover arrangement agreement entered into between the parties on May 20, 2015.

  • RWE to boost LNG use in Duisburg port

    4 January 2017
    Project & Tenders

    The German utility, RWE and Duisport have agreed to jointly create the necessary infrastructure to use LNG in the Duisburg port.

  • Pöyry Acquires Parts of Engineering Consulting Business of Vattenfall (Sweden)

    15 July 2011
    Business & Finance

      Pöyry Plc has completed the acquisition of parts of the engineering consulting business of Vattenfall Power Consultant AB . The business has been incorporated into a new company, SwedPower AB, in which Pöyry has 100 per cent shareholding. The parties have agreed not to disclose the purchase price. According to the final agreement, the […]

  • 50Hertz stays on track with Ostwind 2 offshore wind grid connection

    9 November 2021
    Infrastructure, Project & Tenders

    The final section of the second of the three 220 kV export cable systems for the Ostwind 2 project is being laid in the German Baltic Sea, 50Hertz Transmission GmbH said. Around 170 kilometres of export cables have been laid at sea and on land over the past months to connect two offshore wind farms […]

  • Offshore Energy’s top five hydrogen stories of 2024

    2 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition

    Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbonize hard-to-abate sectors and provide a sustainable energy source. This article takes a look at 2024’s top five hydrogen stories.

  • Panoro Energy to increase Tunisia output. Prepares for Sfax drilling

    1 February 2019

    Oslo-listed Panoro Energy has revealed plans to increase daily output and the reserve base on its Tunisian TPS assets which it recently bought from OMV.

  • Oilex Announces Spud of La Rocca Well at WA-388-P, Offshore Australia

    9 May 2011
    Business & Finance

      Oilex Ltd advises that the “Ocean Patriot” rig has arrived at the La Rocca-1 well location and the well was spudded at 3:20 hours (WST) on 30 April 2011. La Rocca-1 is planned to take approximately 41 days days from spud to reach a final total depth of approximately 5,100 metres. Permit The WA-388-P […]

  • Safe Bulkers Picks Erma First BWTS for Its Fleet

    9 November 2017
    Business & Finance, Rules & Regulation

    Monaco-based dry bulk shipping company Safe Bulkers has agreed with Erma First, a Greece based company, to install a Ballast Water Treatment System (BWTS) across its fleet of 38 vessels. The first installation of Erma First BWTS is expected to take place during the company’s next dry-docking scheduled for the first quarter of 2018. The installation […]

  • Cobalt Provides Update on its Operations in West Africa and U.S. Gulf of Mexico

    29 June 2011
    Business & Finance

    Cobalt International Energy, Inc.  today provided the following update on its West Africa and U.S. Gulf of Mexico drilling programs. West Africa Drilling Program Cobalt has received notification that the Ocean Confidence drilling rig, which is currently under assignment to an Angolan affiliate of Total S.A., will be returned to Cobalt on Block 21 on […]

  • Oceanteam Ends 2017 in Profit; Axes CSV Tampamachoco Deal

    26 February 2018
    Business & Finance, Operations & Maintenance

    Oslo-listed Oceanteam has booked net profit of $11.7 million for the year 2017, against $22.3 million loss in 2016. For the twelve months of 2017, the Norwegian-Dutch offshore service provider generated $35.5 million in revenues, down approximately 15% compared to $41.8 million for the same period in 2016. Earnings for the second-half 2017 came out negative […]

  • Northern Lights and Yara sign first cross-border CO2 transport and storage deal in ‘major milestone’ for decarbonising Europe

    29 August 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Transition

    Northern Lights, a joint venture between Equinor, Shell and TotalEnergies, and Norwegian chemical company Yara have signed what is said to be the world’s first commercial agreement on cross-border CO2 storage and transport, marking a ‘major milestone’ for decarbonising Europe. Northern Lights and Yara have agreed on the main commercial terms to transport CO2 captured […]

  • Malaysia: Sime Darby Enters MOUs for Disposal of its Oil and Gas Assets

    27 May 2011

    Sime Darby Engineering Sdn Bhd has entered into two separate non-binding memoranda of understanding (MOUs) for the proposed disposal of its assets in the Oil & Gas business unit with Petroliam Nasional Bhd (Petronas) and Malaysia Marine and Heavy Engineering Holdings Bhd (MHB). The MOUs, signed this morning, involve among others, the disposals of the […]

  • Pacific Basin Offers Shares for Charter Rate Cuts

    24 October 2016
    Business & Finance

    Pacific Basin Chartering Limited, a subsidiary of Hong Kong-listed dry bulk shipping company Pacific Basin Shipping, has entered into agreements to issue new shares in the company in exchange for charter rate reductions for ten chartered-in Handysize and Supramax bulkers. Namely, the company entered into ten separate addenda, all dated October 21, to existing long-term time-charter contracts […]

  • Providence: Drilling program offshore Ireland set to start in 2019

    20 September 2018

    Providence Resources has signed an amended farm-out agreement with its Chinese partner for a license offshore Ireland where a drilling program of five firm wells is set to start next year.

  • As windfall taxes make things ‘difficult’ in UK and Dutch sectors, Kistos knocks on Norway’s door with new acquisition

    19 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Kistos is entering into the Norwegian Continental Shelf, after reaching a conditional agreement to acquire Norway’s Mime Petroleum.

  • PTTEP Yearly Profit Rises 26 % (Thailand)

    1 February 2013

    Thailand’s oil company, PTTEP, today posted a 2012 recurring net profit of USD 1,846 million , an increase of USD 378 million or 26% compared to its net profit of USD 1,468 million in 2011. In 2012, the total revenue of PTTEP and its subsidiaries was USD 7,021 million  , an increase of USD 1,336 […]