2891 results found for 'zagreb-1'

2891 results found for 'zagreb-1'
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  • Flex LNG and Cheniere agree to extend charters for three LNG carriers

    23 November 2022
    Business & Finance, Business Developments & Projects, Vessels

    Norwegian shipping company Flex LNG has secured an extension of time charter agreements with Cheniere’s unit Cheniere Marketing International (CMI) for three liquefied natural gas (LNG) carriers. The new agreement extends the charter periods of Flex Endeavour, Flex Ranger and Flex Vigilant for up to an additional 19 years in aggregate. Prior to this agreement, […]

  • Petrobras cans one, slashes rate for another Sevan Drilling’s rig

    30 March 2016
    Business & Finance, Exploration & Production

    Sevan Drilling has received an early contract termination from Petrobras for one of its cylindrical drilling rigs in Brazil, rate reduction for another, and a short-term gig for the terminated rig from Shell.   According to the company’s statement on Wednesday, Sevan Drilling amended contracts for the Sevan Driller and Sevan Brasil with Petrobras and […]

  • Siemens Reorganizes Company. 4,500 People to Lose Jobs

    7 May 2015
    Business & Finance

    Siemens announced today that it is on track with the implementation of its concept for the company’s strategic realignment. The company has started taking the next steps planned in order to improve its profitability, including measures to improve profitability at the Power and Gas Division’s power generation business as well as a bundle of additional measures […]

  • Rosneft scraps charters for two more offshore vessels

    1 December 2014
    Business & Finance

    Norway’s Rem Offshore has received notice of contract termination for two of its platform supply vessels (PSV) “Rem Server” and “Rem Supporter”.  The vessels were chartered by Karmorneftegaz SARL in 2013 for operations in the Kara Sea. Karmorneftegaz SARL is the joint venture established between Russia’s oil giant Rosneft (66.67%) and U.S. oil major ExxonMobil (33.33%) for […]

  • DuPont Approves Watershed Restoration Agreement (USA)

    26 January 2012

    The DuPont City Council has authorized the city’s mayor to sign a settlement agreement allowing development of a plan to restore the Sequalitchew Creek watershed, including Edmond Marsh. The Settlement Agreement also allows CalPortland Co. (CalPortland) to apply for gravel mining and reclamation permits in areas adjacent to its existing mine. The City Council, by […]

  • Gazprom, Socar Agree to Increase Azerbaijani Gas Purchases

    24 January 2011
    Business & Finance

    Saint Petersburg hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR). The parties addressed the results of cooperation in 2010. Gazprom and SOCAR agreed that the joint efforts to supply natural gas from Azerbaijan to Russia had […]

  • Tower Resources to Plug and Abandon Welwitschia-1A Well Off Namibia

    13 June 2014
    Business & Finance, Operations & Maintenance

    Tower Resources plc, the AIM-listed Africa-focussed oil and gas exploration company, through its wholly-owned subsidiary, Neptune Petroleum (Namibia) Limited has provided the following update with respect to the Welwitschia-1A well on PEL0010, offshore Namibia. The Rowan Renaissance drillship started drilling operations on PEL0010 on 23 April 2014 and the Welwitschia-1A well spud on 1 May […]

  • Canada: Progress Energy Buys B.C. Gas Assets from Talisman

    14 November 2013
    Project & Tenders

    Progress Energy Canada, a subsidiary of PETRONAS has reached an agreement to acquire an interest in two partnerships from Talisman Energy. The acquisition includes about 127,000 net acres of Montney lands and production, as of October 1, 2013, of approximately 11,000 barrels of oil equivalent per day, which is expected to increase in the fourth […]

  • Prosafe still working to hammer out financial solution with lenders

    5 January 2021
    Business & Finance, Business Developments & Projects

    Prosafe is still working to resolve its financial situation with lenders but is still unclear what a final solution may look like.

  • Ireland and France Seek Celtic Interconnector Backing form EU

    29 May 2019
    Business & Finance, Equipment, Operations & Maintenance

    Irish Prime Minister, Leo Varadkar and President of France Emmanuel Macron have submitted a joint request to the European Commission seeking financial support for the Celtic Interconnector electricity link between Ireland and France. Varadkar and Macron co-signed a letter today before the European Council meeting in Brussels, requesting Jean-Claude Juncker’s support for the grant application. […]

  • Australia and New Zealand Establish Research Ship Alliance

    21 May 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Australian and New Zealand scientific research organisations have recently established the first formal collaboration aimed at promoting the safe, efficient and environmentally responsible operation of research ships. Called RVONZA (Research Vessels Of New Zealand and Australia), the group’s inaugural meeting was held in Wellington last month, spearheaded by NIWA’s manager of marine resources, Rob Christie. […]

  • Navigators Insurance Company Settles on Potential US Sanctions Breaches

    7 August 2015
    Business & Finance

    New York-based marine insurance specialist Navigators Insurance Company has agreed to pay a USD  271,815 fine to settle potential civil liability for 48 apparent violations of U.S. sanctions imposed on North Korea, Iran, Cuba, and Sudan, the U.S. Office of Foreign Assets Control (OFAC) reports. Between May 8, 2008 and April 1, 2011, Navigators and its London […]

  • Qatar’s oil output cut starts in January

    13 December 2016

    In line with OPEC’s recent agreement to cut output to stabilize oil prices, Qatar’s oil production levels will be reduced effective January 1, 2017, Qatar’s state-owned oil company, Qatar Petroleum, said on Tuesday.  Qatar Petroleum President and CEO, Saad Sherida Al-Kaabi, said: “This decision comes in line with the State of Qatar’s commitment to the […]

  • CMA CGM, GSL Extend Two Charters at Lower Rates

    11 August 2016
    Business & Finance

    French container shipping company CMA CGM has extended the charters of two 2,207-TEU vessels, the Marie Delmas and Kumasi, for a period of up to 3.25 years. The company agreed the extensions for the 2002-built vessels with the UK-based containership lessor Global Ship Lease at GSL’s option. Under the agreement, a revised rate of USD 13,000 per day will apply […]

  • Tamar Partners, Alon Gat Energy Sign Gas Purchase Agreement, Israel

    10 December 2012

    Take-or-Pay agreement for the supply of natural gas over 15 years or up until the contracted quantity has been utilized (with an option to extend for an additional two years), was signed by the Tamar Partners with Alon Gat Energy Center LP. The agreement is for the supply of up to a total quantity of […]

  • Top news of the week August 27 – September 1

    2 September 2018

    LNG Canada dredging works set to start The Shell-led C$40 billion ($31 billion) LNG Canada project in British Columbia is ready to start dredging works to allow larger ships such as LNG carries to be able to dock in the port of Kitimat. Shannon LNG picks New Fortress Energy for terminal development Shannon LNG said […]

  • Wintershall, DEA complete merger

    2 May 2019

    German duo Wintershall Holding and DEA Deutsche Erdoel AG (DEA) have completed the merger of the two companies creating a European independent gas and oil giant.  The merger agreed in September last year has been completed in on May 1 following the approvals by all relevant authorities, and shareholders BASF and LetterOne, the company said […]

  • Top news of the week February 18-23

    24 February 2019

    Anadarko signs Mozambique LNG SPA with Pertamina The Woodlands-based Anadarko Petroleum said it has firmed up another Mozambique LNG sale and purchase agreement, agreeing to supply 1 mtpa to Indonesia’s state-owned oil and gas company Pertamina. SEALNG COO: no alternative fuel can match LNG As 2020 looms, there is growing consensus that liquefied natural gas or […]

  • Germany: Bard Holding Expects Takeover Within 12 Weeks

    19 March 2012
    Business & Finance

    The German company Bard Holding GmbH hopes the negotiations on its takeover will end within about 12 weeks, Bloomberg reports. Axel Bahr, the company’s spokesman, has stated that Bard expects “indicative offers” at end-March and completion in 6 to 12 weeks, however it remains unknown which companies are involved in the current talks. Cost and […]

  • Japan’s ”K” Line enters offshore wind market

    30 April 2021
    Operations & Maintenance, Vessels

    Japanese shipping company Kawasaki Kisen Kaisha (”K” Line), and its domestic subsidiary Kawasaki Kinkai Kisen Kaisha have agreed to establish a joint venture company to provide services within the offshore wind industry. The new joint venture company, “K” Line Wind Service, will provide offshore support vessels and marine-related services to the industry. The establishment of […]

  • Indonesian Ports Halt Coal Shipments to Philippines amid Piracy Fears

    21 April 2016

    Indonesia is restricting shipping of coal to its neighboring Philippines following a rise in hijackings of its ships by Filipino pirate groups linked to Islamist extremists. The ports of Banjarmasin and Tarakan in Indonesia’s Kalimantan have stopped approving shipping permits to the Philippines, Reuters reports, citing a government official, amid fears of more attacks and kidnappings. […]

  • Transocean to Pay USD 20M to Alabama for GoM Oil Spill

    23 October 2015

    Governor Robert Bentley announced that Alabama has agreed to a settlement of USD 20 million with Transocean Offshore Deepwater Drilling, which owned the Deepwater Horizon drilling rig when it exploded in Gulf of Mexico causing the biggest oil spill in U.S. history.  “The State of Alabama suffered tremendous environmental and economic losses because of the […]

  • Maersk Broker Bulk Chartering to Merge with Wonsild Dry

    11 December 2018
    Business & Finance

    Maersk Broker Bulk Chartering has reached an agreement to merge with Wonsild Dry as of January 2019.

  • USA: Nesbit Hails South Haven Dredging Plan

    26 February 2013
    Business & Finance

    State Rep. Aric Nesbit applauded the state’s 2013 Emergency Dredging Plan, which includes funding for South Haven Municipal Marina. The $21 million plan, released by the Michigan Department of Natural Resources(DNR), includes funding for a $436,000 project to enhance water levels at the South Haven Marina. “Our lakeshore communities are expected to experience record low […]

  • North Norfolk District Council: Sandscaping Plan Gets OK

    4 December 2018
    Business & Finance

    A multi-million pound coast protection scheme passed an important hurdle last week after members of North Norfolk District Council’s Development Committee agreed to grant it planning permission. The sandscaping project will see up to 1.8 million cubic meters of sand placed on to the beaches covering a 5.7km length starting north west of Bacton Gas […]