10000 results found for 'Culzean'

10000 results found for 'Culzean'
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  • New East Anglia ONE Contracts Up for Grabs

    11 November 2016
    Business & Finance, Storage

    Developers of the 714MW East Anglia ONE offshore wind farm will hold an East of England supply chain event in the new year to announce new contracts, ScottishPower Renewables’ Charlie Jordan, director of the GBP 2.5 billion project, said. More than 450 hopeful suppliers had already registered on ScottishPower Renewables’ data base for the 102-turbine farm. […]

  • Maersk Supply lands FPSO tow and mooring installation job

    21 November 2019
    Business & Finance, Infrastructure

    Maersk Supply Service has been awarded an integrated FPSO tow and mooring installation project for an operator in the North Sea.

  • TAQA eyes joining 900-kilometer European interconnector

    19 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explore joining Greece’s transmission system operator (TSO) Independent Power […]

  • UK: Maersk Approves Investment for Golden Eagle Development Plan

    17 June 2011
    Business & Finance

    Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share of reserves is expected to […]

  • World’s largest interconnector begins operating

    3 January 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The Viking Link electricity interconnector between the UK and Denmark has commenced operations, now transporting power between the two countries. Deemed the world’s longest land and subsea interconnector, the £1.7 billion Viking Link started commercial operations on December 29, 2023.  The link has a capacity of 1.4 GW and stretches for 475 miles under land and sea […]

  • Hercules Offshore to file for bankruptcy again. Prepares sale of assets

    27 May 2016
    Exploration & Production

    Hercules Offshore, a struggling drilling contractor which recently emerged from bankruptcy, has reached a restructuring deal with lenders and said it would start the sale of its assets. The company today said that it has entered into a Restructuring Support Agreement (“RSA”) with lenders holding approximately 99 percent of the indebtedness under its first lien […]

  • Maersk Oil 2Q results hit by Brazilian assets impairments

    19 August 2014

    Denmark’s Maersk Oil made a loss of USD 1.4 billion in the second quarter of 2014 versus $249 million profit achieved in the same period of 2013.

  • Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships

    15 January 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Rules & Regulation, Transition, Vessels

    Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day presentation on Friday. The company is targeting a capital deployment ranging between $3-5 […]

  • Total awards maintenance and support gig in UK to Aberdeen newcomer

    31 January 2020
    Business & Finance

    Total UK has awarded a general maintenance and operations support contract to PBS, a recently formed Aberdeen-based consortium.

  • Maersk Oil produces first oil from Flyndre field

    27 March 2017
    Project & Tenders

    Danish oil company Maersk Oil has started production from the Flyndre field in the UK and Norwegian North Sea. Maersk reported on Monday that the first oil began to flow at 20:00 hrs on Sunday, March 26 travelling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform. Production from the Flyndre field is expected […]

  • Total awards North Sea supply deal to 80:20

    24 May 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    A unit of international logistics company Peterson has won a contract from French oil major Total for the supply of general consumables and ad-hoc material supply.

  • BP makes two oil and gas discoveries in UK North Sea

    31 January 2018

    British oil major BP on Wednesday announced two new exploration discoveries in the North Sea.

  • 2023 state of energy in review: Gas and green shift as centerpieces of future mix

    1 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.

  • Maersk Drilling’s new jack-up rig named in Scotland

    18 August 2016

    Maersk Drilling has named its latest drilling rig at a ceremony held Wednesday at Invergordon, Scotland. The company recently bought the newbuild rig for a discount price, and lady Sponsor Gretchen H. Watkins, COO at Maersk Oil, has named Maersk Drilling’s newest asset – Maersk Highlander – which is now ready for the job. Maersk Highlander […]

  • Sembcorp Marine swings to loss

    20 July 2018
    Business & Finance

    Singapore’s rig builder Sembcorp Marine posted a loss for the second quarter of 2018 despite recording a significant increase in revenues during the period.  The company on Friday posted a net loss of $55.6 million for the second quarter of the year compared to a profit of $5.1 million in the same period a year […]

  • Shipyard presses Hercules to take delivery of newbuild jack-up

    3 May 2016
    Exploration & Production

    Offshore driller Hercules Offshore, which in November last year emerged from Chapter 11 bankruptcy, has been given a deadline by Sembcorp Marine’s Jurong Shipyard in Singapore to take delivery and pay for the jack-up rig the shipyard is building for Hercules.  The newbuild jack-up rig Hercules Highlander is scheduled to work on Maersk Oil’s Culzean field in […]

  • MOL receives AiP for ammonia FSRU design from ClassNK

    22 December 2023
    Certification & Classification, Vessels

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has received approval in principle (AiP) from classification society ClassNK for the design of a floating storage and regasification unit (FSRU) for ammonia.

  • Higher oil and gas output lifts Total profit

    7 February 2019
    Business & Finance

    French oil and gas company Total booked an increase in the fourth quarter 2018 profit driven by higher oil and gas production and increase in prices.  The oil company said on Thursday it had recorded an 11% increase in net income for 4Q 2018 which amounted to $1.13 billion, compared to the profit of $1.02 […]

  • Maersk Oil to slash global workforce numbers by up to 12 percent

    26 October 2015

    Maersk Oil, a Danish oil and gas company, has announced its intention to implement workforce reductions amounting to 10-12% of roles across its business. The move, part of the company’s drive to reduce operating costs by 20% by the end of 2016, follows an extensive internal review of business activities and continued low oil prices, […]

  • UK: Maersk Approves USD 1 Billion Investment for Golden Eagle Development Plan

    17 June 2011
    Business & Finance

    Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the Golden Eagle Area in the UK North Sea. Maersk Oil has a non-operated interest in the fields of 31.56% and its estimated share of reserves is expected to […]

  • Interview: Maersk Supply growing in Aberdeen despite expected company sale

    5 April 2018

    Offshore support vessel operator Maersk Supply Service has seen its Aberdeen team grow in the past two years and is working at becoming more than just a vessel supplier.

  • Shell joins BP and numerous shipping giants in putting all Red Sea shipments on ice as vessel attacks escalate

    17 January 2024
    Business & Finance, Business Developments & Projects, Safety, Vessels

    Shell is the latest firm in a long line of companies, which decided to steer clear of the Red Sea shipping route in response to rising Houthi vessel attacks.

  • Project developing new floating structures for offshore renewables gets €2.5M grant

    20 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vision

    The WECHULL+ project has received a €2.5 million grant to develop new floating structures of high-performance concrete expected to reduce cost and CO2 footprint and improve circularity and reliability in the offshore renewable energy sector. The WECHULL+ project received the grant from the EU Clean Energy Transition Partnership (CETP) program to develop novel floating structures based […]

  • NEO Energy gains access to key North Sea hubs after closing ExxonMobil deal

    9 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    HitecVision-backed NEO Energy has finally completed the acquisition of ExxonMobil’s non-operated oil and gas assets in the North Sea.

  • Total Acquires Maersk Oil for USD 7.45 Billion

    21 August 2017
    Operations & Maintenance, Project & Tenders

    Total is set to acquire Maersk Oil & Gas, a wholly owned subsidiary of A.P. Møller – Mærsk, for $7.45 billion in a  share and debt transaction.   Under the agreed terms, A.P. Møller – Maersk will receive a consideration of $4.95 billion in Total shares and Total will assume $2.5 billion of Maersk Oil’s debt. […]