2876 results found for 'zagreb-1'

2876 results found for 'zagreb-1'
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  • Sevan’s cylindrical FPSO concept selected for Barents Sea project

    24 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition, Vessels

    Sevan SSP has revealed its concept was chosen for the Equinor-operated Wisting field development in the Barents Sea.

  • Royal IHC prepares for job cuts as it returns to core offshore and dredging market

    12 November 2020
    Business & Finance, Business Developments & Projects, Equipment, Infrastructure

    Royal IHC has decided to reorganise. This means that about 300 jobs will be lost in the Netherlands and about 300 in other locations.

  • TORM signs 1st sustainability-linked loan

    11 November 2020
    Business & Finance

    Danish shipping company TORM has refinanced its existing facility with Danish Ship Finance with a new $150 million loan which includes a CO2 emission-linked pricing mechanism. The facility will postpone the debt maturity for eight vessels until 2027, providing the company with $12 million in liquidity. TORM said the adjustment in pricing is linked to the […]

  • USA: Army Corps Receives Favorable Biological Opinion on Savannah Dredging

    10 November 2011
    Business & Finance

    The National Oceanic and Atmospheric Administration (NOAA) Fisheries Service has issued its final Biological Opinion on the effects of deepening the Savannah harbor on federally protected endangered species. The opinion concludes that the U.S. Army Corps of Engineers’ plan to deepen the harbor is “not likely to jeopardize species” listed or proposed for listing under […]

  • HALO takes over Tullow’s gas producing assets in Dutch North Sea

    13 November 2017

    AIM-listed oil company Hague and London Oil (HALO) has completed the acquisition of Tullow Oil’s gas producing assets in the Dutch North Sea. After the acquisition was given shareholder approval during HALO’s general meeting on November 1, the ownership of interests in Tullow’s offshore exploration and production licenses in the Dutch North Sea has now been transferred […]

  • Petrofac takes over decommissioning scope in Mauritania from Maersk Decom

    18 May 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Petrofac has grown its presence in Africa after having been selected by Tullow Oil to provide well decommissioning services in Mauritania.

  • Altera Infrastructure enters Chapter 11 to tackle its debt

    15 August 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Rules & Regulation

    UK-based Altera Infrastructure has entered a Chapter 11 bankruptcy process in the U.S. to address its debt of over $1.5 billion.

  • MPC Container Ships Buys More Scrubbers, Inks Charters for Six Ships

    30 November 2018
    Business & Finance

    MPCC to equip additional 5 vessels with scrubbers and to charter out 6 scrubber-retrofitted vessels.

  • ICS: 2050 GHG Goal Cannot Be Achieved Using Fossil Fuels

    12 February 2019

    The shipping industry will not be able to achieve the 2050 GHG reduction target using fossil fuels, ICS said.

  • Germany: Bourbon Enterprise Prepares Seabed for Cable Installation for BorWin2

    4 June 2012
    Business & Finance, Operations & Maintenance

    The cooperation between Cuxport and Offshore Marine Management GmbH (OMM) is gathering pace: the “Bourbon Enterprise”, the first vessel equipped for the maritime cable business at a quay at Cuxport, left Cuxhaven for the last time bound for the North Sea. On its seven trips, the 76-metre long multi-purpose ship has been preparing the seabed […]

  • Rig delays move Sirius’ drilling plans to summer

    7 June 2018
    Exploration & Production

    Sirius Petroleum now expects to spud the Ororo-2 well in Nigeria “during the summer,” months after the originally anticipated April 2018 date. The delay was caused following rig delays by China’s drilling contractor COSL.

  • Finland: Arctech Helsinki Shipyard, Alfa-Bank Agree on USD 100 Mln Loan

    14 June 2012
    Business & Finance

    Arctech Helsinki Shipyard Inc. and Alfa-Bank have agreed on a USD 100 million construction time financing package 9 June 2012. The loan arrangement is related to the building projects of multifunctional supply vessels NB 506 and NB 507. “Ensuring the loan was important for us. With the financial arrangement we are able to assure the […]

  • Ardmore Overturns Loss

    1 August 2014
    Business & Finance

    New York-listed tanker owner Ardmore recorded a net profit of $100,000 for the three months ended June 30, 2014, overturning a loss of $1.2m recorded for the same period last year.   Earnings per share of $0.02 trumped Wall Street expectations for a $0.01 per share loss, according to Doug Mavrinac of Jefferies. Anthony Gurnee, […]

  • Triton to Become Majority Shareholder of DeepOcean

    24 November 2016
    Business & Finance

    Triton, a private equity investment company, will become the largest shareholder of DeepOcean, after the funds advised by Triton signed an agreement to acquire a majority interest in the subsea services provider. The transaction is expected to close around 1 January 2017, subject to regulatory approval in the relevant jurisdictions. The parties have agreed not to disclose the […]

  • Croatia’s first FSRU delivered

    15 September 2020
    Infrastructure, Vessels

    China’s Huarun Dadong yard has completed the conversion works on Croatia’s first FSRU that will soon depart to its base on the island of Krk in the northern Adriatic Sea. The vessel named LNG Croatia brings the European country one step closer to joining the growing club of worldwide LNG importing nations with the official […]

  • Only Barents Sea CO2 exploration license gets new operator

    8 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The Norwegian Ministry of Energy has approved PGNiG Upstream Norway (PUN), part of Poland’s ORLEN Group, as operator and partner with Horisont Energi in the only CO2 storage located in the Barents Sea. Horisont Energi and PUN announced a sales purchase agreement on December 11, 2023, making PUN a license partner in the Polaris CO2 project. […]

  • Sierra Leone gov’t extends African Petroleum’s offshore licenses

    5 December 2017

    African Petroleum has signed agreements to enter into the second extension periods of the SL-03 and SL-4A-10 licenses offshore Sierra Leone.

  • Europa Oil & Gas, Arenite JV score Southern North Sea block

    30 July 2015
    Business & Finance

    A joint venture of Europa Oil & Gas and a private company registered in Scotland, Arenite Petroleum, has been conditionally awarded by Oil and Gas Authority (OGA), the UK oil and gas regulator, a Promote Licence over Block 41/24 in the Southern North Sea. The Licence has been awarded as part of the 28th Seaward Licensing […]

  • Tangiers Quits Australian Exploration Permits. Focuses on African Opportunities

    13 January 2014
    Business & Finance

    Tangiers Petroleum Limited advises that the government have formally indicated that no further extensions of time will be granted for its two remaining Australian exploration permits. Consequently, it is anticipated that exploration permits, WA-442-P and NT/P81 will be cancelled by the National Offshore Petroleum Titles Administrator (NOPTA) in the near future. This follows Tangier’s decision […]

  • Kvaerner confirms Johan Sverdrup jacket job

    20 January 2015

    Norway’s Kvaerner has today signed the final contract for delivery of the steel jacket substructure for the riser platform at the Johan Sverdrup field. Since the letter of intent for the delivery was signed in June 2014, Kvaerner has detailed out and confirmed a range of improvements to cost levels and productivity which will be […]

  • New Russia-Turkey offshore pipeline route approved

    28 January 2015
    Business & Finance

    Route for the new gas pipeline across the Black Sea between Russia and Turkey was approved yesterday at  working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources held yesterday in Ankara. The four strings will have an aggregate capacity of 63 billion cubic […]

  • USA: Renewables to Make Scotland ‘Silicon Valley’ of Marine Energy

    20 June 2012
    Authorities & Government

    Renewable resources will make Scotland the “Silicon Valley” of marine energy in the same way that hi-tech industries transformed Northern California, the First Minister said in the keynote speech of his American trade mission. First Minister Alex Salmond made the claim during a speech to the Commonwealth Club of California in San Francisco, the oldest public affairs forum in the United States. In a […]

  • EIB Lends GBP 168 Mln for Lincs Connection

    5 November 2014
    Business & Finance, Storage

    The European Investment Bank (EIB) has agreed to provide GBP 168 million for a new connection between the Lincs offshore wind farm and the UK national transmission network. The approximately 100km connection, between high voltage transmission connections on the mainland and the 270MW Lincolnshire wind farm, has been tendered under a dedicated regulatory regime for […]

  • EIB Lends GBP 168 Mln for Lincs Connection

    5 November 2014
    Business & Finance, Storage

    The European Investment Bank (EIB) has agreed to provide GBP 168 million for a new connection between the Lincs offshore wind farm and the UK national transmission network. The approximately 100km connection, between high voltage transmission connections on the mainland and the 270MW Lincolnshire wind farm, has been tendered under a dedicated regulatory regime for […]

  • UK’s National Audit Office Scrutinizes Renewable Energy Contracts

    27 June 2014
    Authorities & Government, Business & Finance

    UK’s National Audit Office (NAO) issued a report Early Contracts for Renewable Electricity today. The NAO said that it is not convinced that the Government sufficiently protected consumers’ interests by awarding without competition £16.6 billion worth of early contracts to eight renewable generation projects at risk of investment delay. This decision may provide higher returns to contractors than […]