10000 results found for 'north star'

10000 results found for 'north star'
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  • Decommissioning plan for Shell’s Kingfisher field under assessment

    8 June 2020
    Authorities & Government, Regulation & Policy

    UK authorities are assessing the plan for the decommissioning of Shell’s Kingfisher installations and fifteen associated infield pipelines.

  • Five Universities Work on New IMR Solutions

    9 November 2017
    Research & Development

    A consortium of five universities, working with 31 industrial and innovation partners, will engage up to £36 million of support to advance robotics and Artificial Intelligence technologies for the inspection, repair, maintenance and certification of offshore energy platforms and assets. The Edinburgh Centre for Robotics, a partnership between Heriot-Watt University and the University of Edinburgh, […]

  • Repsol making progress with Yme field development. First oil in 2020

    19 July 2019
    Project & Tenders

    Spanish oil company Repsol is pressing ahead with the development of the Yme field offshore Norway.

  • Songa Offshore returns to profit in 2Q

    25 August 2017
    Business & Finance, Exploration & Production

    Offshore driller Songa Offshore, soon to be acquired by rival driller Transocean, returned to profit in the second quarter of 2017 despite decrease in revenues due to three stacked rigs.  Earlier this month, one of the world’s largest offshore drillers, Transocean, announced its plan to acquire 100 percent of the issued and outstanding shares of Songa Offshore, including […]

  • Awilco Drilling: 3Q numbers rise, but…

    19 November 2015
    Exploration & Production

    Awilco Drilling, a UK-based driller operating two drilling rigs, has reported a rise in its third quarter 2015 revenue and profit. However, half of its drilling fleet is currently out of work. Revenue in the quarter was $90.4 million, up from $74 million in the third quarter a year ago. Worth noting, most of the […]

  • Windstream Takes Canada to Arbitration over CAD 475 Million Damages Claim

    15 February 2016
    Authorities & Government, Business & Finance

    A panel of international arbitrators will today start the hearing in an arbitration between the Windstream Energy LLC and the Government of Canada regarding the US-based company’s CAD 475 million claim for damages under North American Free Trade Agreement (NAFTA) for lost profit due to the Ontario’s moratorium on offshore wind farms in 2011. In November 2009, Windstream submitted eleven FIT […]

  • Dutch to start investigating new offshore wind sites at IJmuiden Ver

    3 November 2021
    Business Developments & Projects, Project & Tenders

    The Dutch Ministry of Economic Affairs and Climate Policy, through the Netherlands Enterprise Agency (RVO), has launched a tender for geophysical investigations in an extended area in the North of the IJmuiden Ver Wind Farm Zone (WFZ), where an additional 2 GW of offshore wind capacity could be accommodated on top of the 4 GW […]

  • Creditors vote in favor of Premier’s North Sea deal despite objections

    12 February 2020
    Business & Finance

    Premier Oil has gained approval from the majority of its creditors for the schemes of arrangement required for the acquisition of North Sea assets from BP and Dana Gas. The schemes still remain subject to a court approval.

  • Marathon Oil swings to loss. Chops capital spending

    18 February 2016

    Marathon Oil, an oil and natural gas exploration and production company, has posted a quarterly loss and decided to cut spending due to low oil price environment.  The company reported a fourth quarter 2015 net loss of $793 million, compared to a profit of $926 million in the year-ago quarter. Marathon’s fourth quarter capital program decreased to $564 […]

  • Lundin starts drilling two appraisal and one exploration well

    24 June 2015
    Exploration & Production, Project & Tenders

    Lundin Norway AS has started drilling its second Alta appraisal well in the Barents Sea South and drilling of an appraisal well on the Edvard Grieg field in the Norwegian North Sea. Drilling has also started on the partner-operated Zeppelin exploration well in the southern North Sea. The second Alta appraisal well 7220/11-3 in PL609 […]

  • Wood Mackenzie: Exploration to slow down in 2015 (Norway)

    13 January 2015

    Wood Mackenzie, an energy intelligence company has, in its annual review of Norway’s upstream oil and gas sector, said that despite the dramatic fall in oil prices in the last quarter, on the surface 2014 was business as usual for the country’s buoyant upstream sector. However, the company we expect to see a slow down in exploration, […]

  • Double win for Baker Hughes offshore Norway

    29 September 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Baker Hughes has secured two contracts with Norwegian oil and gas company Vår Energi, said to strengthen its North Sea presence for exploration logging, well intervention technology and subsea production systems. The first contract is a nine-year engagement that will utilize Baker Hughes’ well intervention capabilities gained through the acquisition of Altus Intervention, completed in April. In […]

  • Update on Fylde Council Sea Defenses

    10 December 2018
    Business & Finance, Project & Tenders

    Fylde Borough Council recently released an update on the works being undertaken at Church Scar and Fairhaven Promenade. According to the update, the Council is making good progress on the phase 2 of the Fairhaven Scheme. Works are progressing well, and the main construction works are now in full swing. Fylde Council has been successful in […]

  • HMM sets sights on more ultra-large boxship newbuilds

    7 May 2021
    Business & Finance, Outlook & Strategy, Vessels

    South Korean shipping heavyweight HMM is considering new orders, including those for 13,000 TEU-class containerships, the company confirmed to Offshore Energy. The comment was made in the context of market rumors that HMM was in talks with compatriot yards on a potential order for a dozen 13,000 TEU newbuilds with a price tag of around […]

  • SeaRenergy and ASSC bring “Spirit of Emden” into service – offering Cargo Runs in the German North Sea

    12 September 2022
    Business Developments & Projects, Vessels

    The accelerating expansion of offshore energy projects together with the backlog of works due to the corona pandemic has a fundamental impact on the supply vessel demand in the North Sea. As a result, wind farm operators are facing unprecedented challenges in charter rates and vessel availability. In order to handle this market development, SeaRenergy […]

  • Underwater life surveys completed for two multi-gigawatt Baltic Sea offshore wind projects

    11 August 2023
    Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Research & Development

    OX2 and Finland’s Ålandsbanken Fondbolag have completed underwater nature field surveys of two of its Noatun offshore wind projects near Åland in the Baltic Sea. The project team said it has used innovative methods to explore the underwater environment where the Noatun Norra (Noatun North) and Noatun Södra (Noatun South) offshore wind projects are planned. According […]

  • UK regulator grants Centrica the go-ahead for gas storage project

    31 August 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Centrica has received the green light from the UK’s North Sea Transition Authority for a gas storage project in the Southern North Sea.  

  • Decommissioning is becoming a reality

    29 September 2015

    The decommissioning of offshore installations is both a cost burden (to operators) and a potential job and profit machine (to contractors and service providers). The Technical Session Decommissioning at Offshore Energy Exhibition & Conference 2015 in Amsterdam, presents the latest decommissioning figures and recent experiences in oil and decommissioning projects. This session is organized in […]

  • OPEC: 30 Pct of Shipowners Won’t Be Compliant with 2020 Sulphur Cap Early On

    1 October 2018
    Rules & Regulation

    OPEC expects a significant level of non-compliance with the 2020 sulphur cap.

  • G6 Alliance Announces Port Rotations of New Service Product for Trans-Pacific Trade

    18 March 2013
    Business & Finance

    After agreeing to expand the successful G6 Alliance to the Trans-Pacific trade earlier this year, the six member lines announced today the port rotations of their new comprehensive and competitive service portfolio. The new expanded cooperation will start in May with six coordinated services in the Asia-to-North America East Coast trade. It will deploy more […]

  • STATS Land Qatargas Contract

    6 June 2012
    Project & Tenders

    The world’s largest LNG producing company, Qatargas, has awarded pipeline engineering company STATS Group a multi-million pound 10 year contract to provide remote pipeline isolation equipment. STATS will design, manufacture, test and supply a new range of high integrity Remote Tecno Plugs™ for 32”, 34” and 38” pipelines which will become part of Qatargas’ Emergency […]

  • Petrobras brings P-66 FPSO online

    18 May 2017
    Infrastructure, Project & Tenders

    Brazilian oil company Petrobras has started oil and natural gas production in the area of Lula Sul (South), at the Santos Basin pre-salt, through FPSO P-66. The FPSO unit left the shipyard and headed to its offshore location in February and, following arrival and hook up, production started on Wednesday, May 17. Lula field is operated by […]

  • THE Alliance Unveils Services Network

    8 November 2016
    Business & Finance

    The members of THE Alliance have revealed plans to deploy a fleet of more than 240 ships covering 31 services in the Asia/Europe, North Atlantic and Trans-Pacific trade lanes including the Middle East and the Arabian Gulf/Red Sea starting from April 2017. The network of services would connect more than 75 major ports, and would be […]

  • Sapura Energy chalks up new contract wins to shift in bid strategy

    16 June 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Sapura Energy secured new contracts with a total value of RM2.7 billion or about $613 million in 2Q FY2023.

  • Yard lockdown pushes back Premier Oil’s project start-up

    13 May 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    Oil and gas company Premier Oil has pushed back the forecast of first gas for the Tolmount project, located in the Southern North Sea.