10000 results found for 'Culzean'

10000 results found for 'Culzean'
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  • Maersk Highlander jack-up rig delivered in Singapore

    30 May 2016
    Business & Finance, Exploration & Production

    Singapore’s Sembcorp Marine has delivered the Maersk Highlander jack-up rig to the Danish drilling contractor Maersk Drilling. The rig had originally been ordered by Hercules Offshore, which last week agreed to a deal with Maersk Drilling, whereby Maersk Drilling would pay the last installment for the rig and take over the ownership. Maersk Drilling also […]

  • EnerMech wins new batch of crane management contracts

    27 June 2018
    Business & Finance, Infrastructure

    EnerMech has secured a new cranes and lifting services contract in the North Sea. Extends several existing contracts.

  • Total hits gas in North Sea off UK

    29 January 2019

    France’s Total made a new discovery in the North Sea offshore U.K., on the Glengorm prospect located in the Central Graben.

  • Reuters: Total eyeing $1.5B UK North Sea oilfield sale

    9 July 2018

    France’s oil major Total is reportedly looking to divest $1.5 billion worth of UK North Sea assets.

  • ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

    11 January 2024
    Authorities & Government, Business Developments & Projects, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systematic Assessment of Vessel Emissions (SAVE) model, Hae Jeong Cho, ICCT Associate […]

  • New deal bolsters NFE’s presence in Brazil

    28 December 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    U.S. energy company New Fortress Energy (NFE) has signed a definitive agreement to acquire a 1.6 GW capacity reserve contract (PortoCem PPA) from Ceiba Energy that will be transferred to new power assets connected to NFE’s existing LNG terminals in Brazil, enabling NFE to become “leading LNG-to-power company” in the country. According to NFE, the agreement […]

  • API: America’s energy plan needs to rest on three ‘core’ pillars

    11 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    API has highlighted three main aspects of a long-term energy plan for the U.S. to ensure its ability to keep the lights on.

  • Total hires DNV GL for services on UK North Sea assets

    22 February 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    DNV GL has been awarded a three-year contract by Total to provide multiple services across the full portfolio of the operator’s assets in the UK North Sea.

  • Keppel, Shell Form LNG Bunkering JV in Singapore

    8 July 2016
    Business & Finance

    KS Investments Pte Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd, has entered into a shareholders agreement with Shell Eastern Petroleum, a part of Royal Dutch Shell, to form a joint venture company which will establish an LNG bunkering business in Singapore. The joint venture’s principal business activities will be to supply LNG bunkering operations services […]

  • SolstadFarstad finds work for seven offshore vessels amid improving market

    6 June 2018
    Business & Finance

    SolstadFarstad has been awarded several new contracts, which add over 2500 vessel working days to the company’s backlog. 

  • Semco Maritime makes room for pair of Maersk Drilling jack-ups

    19 August 2016
    Exploration & Production

    Two jack-up drilling rigs owned by the offshore drilling contractor Maersk Drilling recently arrived at Semco Maritime’s Invergordon shipyard facility.  Semco Maritime informed on Friday that the 2009-built jack-up rig Maersk Reacher will be berthed in Semco’s Queens Dock facility for an undisclosed duration, carrying out necessary upgrades and modifications. The rig up until recently worked […]

  • Highlights of the Week

    22 July 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (July 17 – July 23). JDR Cable Systems is to be acquired by the Polish manufacturer of cables and wires TELE-FONIKA Kable (TFKable). JDR’s subsea systems, used in the global offshore oil, gas and renewable industries should now […]

  • Maersk Oil posts $2.1B loss for 2015

    10 February 2016

    Danish oil company Maersk Oil made a loss of $2.1bn in 2015, compared to a loss  of $861 million in the full year 2014. According to the oil firm, the result was negatively affected by impairments after tax of $2.6 billion due to the low oil price expectations. The underlying profit was down to $435 milion, from […]

  • MOL, DP World team up on clean fuels for maritime and port-based applications

    7 December 2023
    Business Developments & Projects, Collaboration

    Japanese shipping company Mitsui O.S.K. Lines (MOL) and UAE-based ports and logistics giant DP World have signed a memorandum of understanding (MoU) to explore opportunities to enhance auto logistics capabilities at Jebel Ali Port and reduce carbon emissions in port and maritime applications in the UAE and beyond.

  • Maersk Oil Cuts Workforce

    26 October 2015
    Business & Finance

    Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisation during 2015, the company said. “The move follows […]

  • Total expands presence on Danish Shelf through Chevron Denmark takeover

    25 September 2018

    Total has agreed to purchase from Chevron all the share capital of Chevron Denmark Inc.

  • KBR sees 3Q 2015 net income rise

    2 November 2015
    Business & Finance, Equipment

    KBR, a U.S. engineering and construction firm, on Monday reported a rise in its 3Q net income. Net income for the quarter stood at $55 million, compared to net income of $30 million in the third quarter of 2014. Consolidated revenue for the period was $1.2 billion compared to $1.7 billion in the third quarter […]

  • JX Nippon Buys Eni’s UKCS Assets

    20 December 2012

    JX Nippon Exploration and Production (U.K.) Limited , has signed sale and purchase agreements for the acquisition from the Eni group of companies (“Eni”) of an extensive portfolio of non-operated oil and gas assets in the UK Continental Shelf (UKCS). JX Nippon Oil and Gas Exploration President and CEO, Shigeo Hirai said:” “This is an […]

  • The Netherlands: Maersk Oil to Dock Gryphon FPSO in Rotterdam for Repairs

    11 May 2011
    Business & Finance

    Maersk Oil’s Gryphon Floating Production Storage and Offloading (FPSO) vessel will soon be docked in Rotterdam for repairs after suffering damage during a storm in the UK North Sea in February. The FPSO had been producing from the Gryphon, Maclure and Tullich fields. Storm weather caused some of its anchors to snap, allowing it to […]

  • Atlantic Offshore reels in contract extensions for three ERRVs

    8 July 2019
    Business & Finance

    Offshore vessel owner Atlantic Offshore has received contract extensions for three of its emergency response and rescue vessels (ERRVs).

  • Maersk Oil Cuts Workforce

    26 October 2015
    Business & Finance

    Maersk Oil, a Danish oil and gas company owned by the A. P. Moller-Maersk Group, revealed today its intention to implement workforce reductions of 10-12% across its business as the company pushes to cut costs by 20% by the end of 2016. The decision will result in 1,250 layoffs across the organisation during 2015, the company said. “The move follows […]

  • Discriminating against hydrogen colors will not get us any further

    10 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition, Vision

    Hydrogen, deemed as a connector for offshore energy markets, is yet to play a very important role, especially in hard-to-abate sectors. The energy transition and especially the hydrogen transition can be built efficiently, faster, cheaper, and with fewer emissions if we build it on existing knowledge from existing assets, panelists concluded at the Offshore Energy […]

  • The Netherlands: Damen Shipyard Carries out Repairs of Maersk Oil’s Gryphon FPSO

    11 May 2011

    Maersk Oil’s Gryphon Floating Production Storage and Offloading (FPSO) vessel will soon be docked in Rotterdam for repairs after suffering damage during a storm in the UK North Sea in February. The FPSO had been producing from the Gryphon, Maclure and Tullich fields. Storm weather caused some of its anchors to snap, allowing it to […]

  • WoodMac sees North Sea exploration comeback and uptick in development expenditure in 2019

    9 January 2019

    According to Wood Mackenzie, five themes that will dominate the market in 2019 include the comeback of North Sea exploration and, although the deal spend will slow, it will remain the seller’s market. WoodMac also sees an uptick in development expenditure in 2019 but production will remain flat. In the end, companies with the lowest-cost projects will be the winners this year.

  • Keppel to Revamp Castorone Pipe Laying Vessel

    7 July 2016
    Business & Finance, Equipment, Project & Tenders

    Keppel Offshore & Marine has secured a contract to carry out upgrading work to the pipelay vessel, Castorone, for Saipem Offshore Norway (Saipem). Keppel Shipyard previously undertook the completion and integration works for the newbuild Castorone in 2011. Keppel Shipyard’s job scope includes the replacement of switchboards to improve the vessel’s power distribution systems, renewal works on […]