10000 results found for 'Culzean'

10000 results found for 'Culzean'
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  • Total’s profit slips as oil prices tumble

    5 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy

    Total recorded a 35 per cent decrease in its first quarter profit as oil prices tumbled during the period.

  • Maersk Oil profits from cost cuts. Eyes North Sea merger options

    8 February 2017

    Danish oil company Maersk Oil, set to separate from the Maersk Group, will narrow its focus on the North Sea and continue cutting costs and exploration activities in 2017. In the financial report posted on Wednesday, Maersk Oil reported a $230 million profit for the fourth quarter of 2016, an improvement from a net loss […]

  • Editor’s Picks for 2017

    2 January 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The editors of Subsea World News have selected a few among many worth remembering articles from the previous year that received exceptionally high attention from our readers. In no particular order, here are some of the news to look back on, in case you missed them last year. Enjoy! Fugro has axed over 3000 jobs […]

  • SembMarine: E&P capex growth not translating into rig orders

    25 October 2018
    Exploration & Production

    Offshore rig and platform builder Sembcorp Marine posted a net loss in the third quarter of 2018 citing persisting ebb in business volume.

  • JERA agrees to support adoption of LNG in the Philippines

    26 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Operations & Maintenance, Outlook & Strategy, Research & Development, Transition

    Japanese energy company JERA has signed an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS) for system design and other support related to the adoption of LNG in the Philippines. The agreement follows the selection of JERA as the contracted party for the Project for System Design and Other Support for […]

  • Wison’s floating green methanol plant gets BV’s nod

    11 December 2023
    Certification & Classification, Infrastructure

    Classification society Bureau Veritas (BV) has issued Approval in Principle (AIP) to Chinese provider of clean energy technology service and solutions Wison Offshore & Marine (WOM) for its floating green methanol plant (FGMP) solutions.

  • SHI secures deal for two ammonia carriers

    26 December 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    South Korean shipbuilding major Samsung Heavy Industries (SHI) has won a 310.8 billion won ($240 million) contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to complete and deliver the ammonia carriers to an undisclosed client in the Oceania […]

  • Total closes Maersk Oil deal

    8 March 2018
    Business & Finance

    French oil company Total has completed the Maersk Oil acquisition signed on August 21, 2017.

  • Maersk Oil to Keep UK Installation Shut After Storm Damage

    10 February 2011
    Business & Finance

      Maersk Oil will keep its offshore Gryphon oil and gas installation shut for a considerable time after sustaining damage in a storm last week. The Gryphon Floating Production Storage and Offloading (FPSO) vessel is stable, all wells have been closed in and no oil spill has been seen. Work is continuing to secure the […]

  • Wood Mackenzie: 2019 could be creaming curve buster for North Sea

    3 September 2019

    Wood Mackenzie, an energy intelligence group, expects the number of exploration wells in the North Sea to increase by 25 percent this year. 

  • Deloitte: We’ve picked low-hanging fruits, now it’s time for fundamental choices in energy transition

    20 December 2023
    Transition

    The energy transition is at crossroads, and it’s time to find new ways, Deloitte, one of the world’s largest professional services provider, highlighted at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam this November.

  • ‘West Green Shipping Corridor’ to link North America and Asia

    8 December 2023
    Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Canada has signed a memorandum of understanding (MOU) to pursue the establishment of a green shipping corridor between Canada’s West Coast and ports in the United Arab Emirates, Korea and Japan.

  • Carnegie’s MoorPower demonstration project approaches deployment

    21 December 2023
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Project & Tenders

    Carnegie Clean Energy is carrying out final preparations for the deployment of the MoorPower demonstration project, whose aim is to introduce a CETO-derived wave energy product for the aquaculture sector. Carnegie’s CETO-derived MoorPower technology is designed to deliver sustainable energy supply for vessels moored offshore – such as barges in the aquaculture sector – by harnessing wave […]

  • US – natural gas love affair: Policymakers urged to acknowledge LNG’s ‘vital’ role in clinching global energy security and decarbonization

    15 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    API is adamant that oil and gas will continue to be at the heart of energy security with LNG further entrenching its transition fuel label.

  • Round up: Major multi-billion oil & gas projects greenlighted in 2023

    2 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.

  • 2023 in review: A transformative year for shipping and maritime

    2 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conflict in Ukraine, and the lingering aftermath of the COVID-19 […]

  • SAAM Towage’s electric tugs about to head for Canada

    19 December 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    The first two electric tugs for SAAM Towage’s fleet, built by the Turkish shipyard Sanmar, are ready to sail from the Port of Tuzla to Vancouver, Canada, where they will join the fleet operating in that country. The Chile-based tug provider operates more than 20 tugs along Canada’s west coast at nine ports in British […]

  • DMEC: Mix of offshore renewable energy sources key to reliable energy system

    21 December 2023
    Business Developments & Projects, Collaboration, Market Outlooks, Research & Development, Technology, Transition

    During the session on stage at this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam, the Netherlands, Dutch Marine Energy Center (DMEC) emphasized that a combination of offshore renewable energy sources, storage methods and nature-inclusive design is needed to build a solid energy system.

  • Subsea interconnectors as protagonists of offshore renewable grid story

    29 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    Subsea interconnectors open new opportunities for sharing the access and use of renewable energy between countries while upping the decarbonization ante and strengthening the security of electricity supply.

  • Houston, Antwerp-Bruges ports and partners pen energy transition accord

    11 December 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    U.S. and Belgian cargo hubs Port Houston and the Port of Antwerp-Bruges, together with four other partners, have signed a landmark agreement to form a strategic alliance aimed at accelerating the transatlantic green transition. The two ports are joined by the Center for Houston’s Future, Waterstofnet Exmar, and the Blue Sky Maritime Coalition. The partners […]

  • ADNOC scores first long-term LNG deal from low-carbon Ruwais project

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

    UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a long-term heads of agreement with ENN LNG, a wholly-owned subsidiary of ENN Natural Gas, for the delivery of at least 1 million metric tons per annum (mmtpa) of LNG primarily sourced from its low-carbon Ruwais LNG project, currently under development in Al Ruwais Industrial City, Abu […]

  • Türkiye’s new energy efficiency roadmap envisions $20 billion investment by 2030

    10 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Türkiye is pulling out all the stops to fortify its energy security, including new energy efficiency roadmap and action plan.

  • Everfuel-Hy24 JV inks final agreement on increased Danish PtX tender award

    18 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy

    A joint venture formed by Denmark-based green hydrogen company Everfuel and Hy24, a manager of the world’s largest clean hydrogen infrastructure fund, has signed the final agreement with the Danish government on an increased award in the country’s first Power-to-X (PtX) tender. On November 17, the Danish Energy Agency revealed a new decision regarding the […]

  • MSC containership attacked in Red Sea amid liners’ gradual return to strategic waters

    27 December 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Regulation & Policy, Safety

    MSC United, a Post Panamax containership owned by Swiss-based Mediterranean Shipping Company (MSC), was attacked while transiting the Red Sea. The attack was confirmed by the Yemeni Armed Forces’ Spokesperson Yahya Sare’e, saying that the ship was targeted by naval missiles. The statement reiterated that the attack is part of the strategy of targeting ‘all […]

  • Environmentalists block Newcastle port, demanding rejection of new coal projects and 75% tax for clean energy transition

    27 November 2023
    Business Developments & Projects, Environment, Green Marine, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition

    Environmental activists from Rising Tide blocked the Port of Newcastle, the world’s largest coal port, over the weekend demanding action on climate change and rejecting new coal projects. The blockade, which commenced at 10 am on Saturday, has gathered over a thousand of individuals who joined in kayaks, surfboards, and pontoons risking arrest by remaining […]