2876 results found for 'zagreb-1'

2876 results found for 'zagreb-1'
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  • Sen. McCain: Halliburton Got Away with Paltry Fine

    2 August 2013

    U.S. Senator John McCain (R-AZ), Ranking Member of the Senate’s Permanent Subcommittee on Investigations, yesterday wrote to Attorney General Eric Holder on the recent plea agreement reached between the Department of Justice (DOJ) and Halliburton Energy Services Inc. regarding Halliburton’s destruction of evidence relating to the Deepwater Horizon oil spill disaster. Read the full letter […]

  • Analysts grow more bullish on oil, OPEC poses no threat to rebalancing

    29 April 2016

    By Apeksha Nair and Arpan Varghese (Reuters) – Analysts are growing increasingly confident that a near-two-year rout in oil has ended, and raised their price forecasts for a second month running, as healthier demand and a drop in U.S. shale output balance the market by 2017. The inability of OPEC and non-OPEC producers to agree […]

  • Iran crucial for OPEC production cut deal, secretary says

    21 November 2016

    OPEC Secretary General, Mohammad Sanusi Barkindo, met with Iran’s Minister of Petroleum,  Bijan Namdar Zanganeh, during a closed-door session on November 19 in Tehran. The visit comes ahead of the much-awaited OPEC meeting in Vienna on November 30, where OPEC members will decide whether to cut oil production to stabilize the oil market. Reportedly, the […]

  • Exxon Mobil reveals new CEO as Tillerson set to retire after 40 years in firm

    15 December 2016

    Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil will retire at year-end after more than 41 years of service with the oil giant. As reported earlier this week, Tillerson has been selected by U.S. President-Elect to take over the Secretary of State position. As for the Exxon Mobil CEO position, Tillerson will […]

  • Statoil gains green light for Utgard and Byrding plan

    17 January 2017
    Project & Tenders

    Statoil has informed that the plan for development and operation for the Utgard and Byrding fields in the North Sea has been approved by the authorities. Plans for both fields were submitted to the authorities in August last year. Utgard is a gas and condensate field on the Norwegian and UK continental shelf while Byrding […]

  • Namibia: Tullow to spud Cormorant prospect next September

    27 November 2017
    Project & Tenders

    Joint venture partners in the PEL 37 license offshore Namibia have agreed to drill an exploration well on the Cormorant prospect with a targeted spud date of September 1, 2018.

  • Noble Corporation Orders Drillship at Hyundai Heavy, South Korea

    1 September 2011
    Business & Finance

    Noble Corporation today announced that a subsidiary has exercised its option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for the construction of an additional ultra-deepwater drillship, the fourth such drillship to be ordered this year subject to the parties executing an agreed form of construction contract, which is expected to occur within the next several […]

  • USA: Dredge Currituck Starts Operations in St. Augustine Inlet

    11 August 2011

    The low-slung U.S. Army Corps of Engineers dredge Currituck started operations in St. Augustine Inlet about 1 p.m. Wednesday, aiming to remove tons of sand and make the choked channel safer for boats. Officials said the 180-foot Currituck will pump 4,000 to 5,000 cubic yards of sand into its hold over the next two days […]

  • Sweden: Concordia Maritime Completes Upgrade Program on Two P‐MAX Tankers

    9 August 2011

    Concordia Maritime has now completed the upgrade of two of its P‐MAX tankers to chemical class III, so‐called IMO III classification. This means that the vessels are now also able to transport vegetable oils, in addition to refined petroleum products and crude oil. The vessels in question are the Stena Performance, re‐delivered from her time […]

  • Nordic American Offshore Completes USD 250 Million Private Placement

    28 November 2013
    Business & Finance

    In a press release November 1 2013, the investor market was informed that NAT was coordinating the establishment of Nordic American Offshore Ltd. (“NAO”). NAO, an offshore supply ship company, has now been established and NAT is its largest shareholder (26%) with an investment of $65 mill. NAO has agreed to buy six platform supply […]

  • Cosco Shipping Ports’ Profit Down as Volumes Rise

    25 April 2017
    Business & Finance

    China-based Cosco Shipping Ports Limited has seen its profit from continuing operation for the three months ended March 31, 2017 reach USD 45.2 million, slightly down from USD 48.3 million reported in the same period a year earlier. The terminal operator also recorded a decrease in its quarterly revenues from continuing operations which stood at USD 127.8 […]

  • France: Alstom Completes Acquisition of TGL from Rolls-Royce

    30 January 2013
    Business & Finance

    Alstom has completed the acquisition of Tidal Generation Limited (TGL) from Rolls-Royce plc. In September 2012, Alstom announced that it had agreed to acquire TGL, which specialises in the design and manufacturing of tidal stream turbines, subject to the achievement of critical milestones including the successful installation of the 1 MW tidal turbine at the […]

  • Magnolia LNG Signs Exclusive Site Lease Option Agreement, USA

    7 March 2013

    Liquefied Natural Gas Limited announced the signing of an exclusive Site Lease Option Agreement with the Lake Charles Harbour and Terminal District Authority (Port Authority), in relation to the project site for LNG Ltd’s proposed Magnolia LNG Project. The legally binding Lease Option Agreement gives LNG Ltd exclusive rights to the project site and time […]

  • Total Enters Utica Shale JV with Chesapeake (USA)

    3 January 2012

    Total announced that its subsidiary, Total E&P USA, has signed and completed on December 30, 2011 an agreement to enter into a Joint Venture with Chesapeake Exploration, a subsidiary of Chesapeake Energy Corporation, and affiliates of its partner EnerVest Ltd. In the agreement, Total acquires a 25% share in Chesapeake’s and EnerVest’s liquids-rich area of […]

  • Subsea Vessels of 2017

    2 January 2018
    Operations & Maintenance

    During 2017 we’ve seen an increased number of subsea vessels starting their first campaigns, being delivered and newbuilds ordered as the industry sets eyes on the market recovery. TechnipFMC and DOF Subsea PLSVs, as well as Helix well intervention vessels started operations in Brazil. McDermott snapped up “Ceona Amazon” and boosted its subsea capacity. Subsea […]

  • Tata Steel Supporting Offshore Wind Innovation (Interview)

    21 October 2014
    Business & Finance, Technology

    In a bid to help reduce offshore wind energy costs by 40% by 2020, Tata Steel recently delivered 400 tonnes of 3D profiled and submerged arc welded (SAW) tubular steel to Bladt Industries.  The Danish wind turbine foundation manufacturer will use the steel to build an innovative suction bucket foundation that will be tested at […]

  • Shearwater’s new decarbonization move enables ‘first of its kind’ tune-up of vessel’s engine technology

    27 August 2024
    Business & Finance, Business Developments & Projects, Transition, Vessels

    Shearwater GeoServices has signed up for further carbon footprint cuts thanks to an upgrade of main engines at one of its seismographic research ships, which is envisioned to result in more sustainable and efficient operations.

  • Sunrise approaching Woodside’s gas horizon as negotiations move forward

    22 July 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Regulation & Policy, Rules & Regulation

    Woodside has confirmed the participants’ determination and commitment to realizing the development of long-stalled offshore gas and condensate fields located approximately 450 km northwest of Darwin and 150 km south of Timor-Leste.

  • Uniper and Salzgitter ink preliminary hydrogen supply deal

    23 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development

    German companies Uniper and Salzgitter have signed a pre-contract for the supply and purchase of green hydrogen.

  • Enagás joins Hanseatic Energy Hub as industrial partner and co-shareholder

    2 June 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Hanseatic Energy Hub (HEH) has selected Enagás, the Spanish transmission system operator (TSO), as its industrial partner for the operation of the liquefied gases terminal in Stade, Germany. Enagás joined the HEH as an industrial partner and co-shareholder with a 10% stake, subject to compliance with the conditions inherent to this type of transaction, to […]

  • Statoil, Sinochem Buy FPSO from Maersk (Brazil)

    12 June 2012
    Business & Finance

    Statoil and its partner Sinochem have agreed to purchase the Peregrino FPSO from Maersk. The floating production, storage and offloading unit has been in use at the Statoil-operated Peregrino field in Brazil since production start-up in 2011. The leading global FPSO contractor BW Offshore will take over operation of the FPSO after a transition period […]

  • Oil prices bounce after OPEC reaffirms plan to cut output

    7 November 2016

    By Henning Gloystein SINGAPORE (Reuters) – Oil prices rose by over 1 percent on Monday, pushed up by a statement from the producers’ club OPEC that it was committed to a deal made in September to cut output in order to prop up the market. Brent crude <LCOc1> was at $46.12 per barrel at 0746 […]

  • BP swings to second quarter loss

    28 July 2015

    British oil giant BP has swung to a loss in its second quarter 2015 results due to low oil prices and charges related to the Deepwater Horizon claims.  According to BP, underlying replacement cost profit for the quarter was $1.3 billion, compared with $2.6 billion for the previous quarter and $3.6 billion for the second […]

  • Canada: Husky to Raise USD 1.2 Bln to Boost its Exploration and Development Projects

    23 June 2011
    Business & Finance

    Husky Energy Inc. announced today that it will raise approximately $1.2 billion offering of common shares by way of a bought deal (the “Public Offering”) and a concurrent private placement of common shares (the “Private Placement”) to its principal shareholders, L.F. Investments (Barbados) Limited, and Hutchison Whampoa Luxembourg Holdings S.a.r.l. The Company has entered into […]

  • CPRA: Council-Selected Restoration Component Projects

    13 November 2014
    Business & Finance

    The Coastal Protection and Restoration Authority Board yesterday approved the following five projects for submission to the Gulf Coast Ecosystem Restoration Council for consideration under the Council-Selected Restoration Component of the RESTORE Act. – Golden Triangle Marsh Creation Project – a project to restore and protect wetland, fish, and wildlife habitat to help maintain landscape […]