10000 results found for 'north star'

10000 results found for 'north star'
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  • UK: Trap Oil Releases Interim Results

    26 September 2012
    Business & Finance

    Trap Oil Group plc the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announces its results for the period ended 30 June 2012. Commenting on the results, Mark Groves Gidney, Chief Executive Officer of Trapoil, said, “The Company continues to be very well […]

  • Philippines: Nido Petroleum Appoints New COO

    12 October 2011
    Business & Finance

      Nido Petroleum Limited announces the appointment of Mr. Philip A. Byrne to the position of Chief Operating Officer. Mr. Byrne will take up his new role upon fulfillment of his notice obligations to his current employer, which will be between the middle of November and the end of December 2011. Mr. Byrne has over […]

  • Apache Corp. Buys Mariner Energy Inc. for $4 billion in stock, cash and debt

    19 April 2010
    Business & Finance

    U.S. energy firm Apache Corp. (APA) has agreed to acquire Texas-based oil and natural gas explorer Mariner Energy Inc. (ME) for about $4 billion in stock, cash and debt. The transaction, which is subject to regulatory and Mariner shareholder approvals, is expected to close in the third quarter of 2010. As per the deal, Mariner […]

  • UK’s Most Powerful ERRV Commissioned

    16 May 2013

    Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned what will be the UK’s most powerful emergency response and rescue vessel (ERRV). The Ocean Troll – which recently completed a long term charter with Statoil – has undergone a £2million conversion and overhaul at MMS Ship Repair in Hull to become a UK Class A ERRV […]

  • Crude Tanker Market Facing Downturn in Second Half of 2016

    16 December 2015
    Business & Finance

    Further upside volatility is expected in the crude tanker market in 2016 as a result of OPEC’s (Organization of the Petroleum Exporting Countries) decision to effectively maintain oil output levels, Maritime Strategies International reported in its latest Tanker Freight Forecaster. Average VLCC spot earnings for the Baltic Exchange’s ME-Japan voyage (TD3) have exceeded USD 100,000/day in the first […]

  • Alphaliner: 2M Suspension of Asia-Europe String Too Late

    19 August 2015
    Business & Finance

    The 2M carriers, Danish Maersk and Switzerland-based MSC, have decided to suspend regular sailings of their Asia to North Europe string ‘AE-9/Condor’ from September amid collapsing freight rates spurred by lower demand on the trade this year. Total demand on the headhaul trade dropped by 3.5 % during the first half of 2015, while average […]

  • Icebreaker ‘Protector’ Reaches Furthest Point South

    31 March 2014
    Business & Finance

    Supporting the work of British Antarctic Survey scientists, and conducting scientific studies, the Portsmouth-based icebreaker reached Marguerite Bay, roughly half-way down the western shores of the Antarctic Peninsula. The furthest point south recorded on her charts was 68° 12’S – 8,900 miles from her home port, 1,500 miles from the southernmost point on the planet, […]

  • IBISWorld: Global Military Shipbuilding and Submarines Industry Report

    8 February 2013

    Despite the massive effect of the global recession on builders of commercial aircraft and ships, companies primarily involved in the building of their military equivalents fared considerably better. The national security considerations of governments and long-term planning undertaken for military expenditure have ensured that revenue for the Global Military Shipbuilding and Submarines industry has been […]

  • Emerson Wins $ 21 Mln Equipment Contract for BP’s New FPSO Vessel, USA

    25 September 2012

    On the heels of being named BP’s automation contractor of choice for offshore oil and gas operations in the North Sea, Emerson Process Management, a global business of Emerson, has been awarded a $21 million contract to provide integrated control and safety systems for a new BP floating production, storage, and offloading (FPSO) vessel. Emerson […]

  • BP Sells Jonah Gas Operations, USA

    26 June 2012

    BP of UK announced that it has agreed to sell its interests in the Jonah and Pinedale upstream operations in Wyoming to LINN Energy. Under the agreement, LINN Energy has agreed to pay BP $1.025 billion in cash for the assets. Completion of the sale is subject to closing conditions including the receipt of all […]

  • USA: Heckmann Gets Green Excellence Award

    3 April 2012

    Based on its recent analysis of the private commercial fleet market, Frost & Sullivan recognizes Heckmann Corporation with the 2011 North American Frost & Sullivan Award for Green Excellence. The company, through its Heckmann Water Resources, or HWR, segment, has ordered 200 liquefied natural gas (LNG) tractor units for its fleet. To date, no other […]

  • MRIA Discusses Maritime Infrastructure to Support Ocean Energy

    8 January 2015
    Authorities & Government

    Marine Renewables Industry Association (MRIA), an organization supporting the development of Irish marine renewables, has issued a discussion paper on maritime infrastructure development priorities to support Ireland’s future ocean energy industry.  Ireland’s wave energy resource is off the west coast. It should be possible to support the development of the resource, at least at the southern […]

  • Carbon Trust Launches Floating LiDAR Trials

    2 February 2015
    Research & Development, Technology

    The Carbon Trust today announced details of the world’s largest and most challenging validation trials of floating LiDAR (Light Detection and Ranging) technology. Up to five different offshore wind measurement devices will be subjected to an extensive testing and validation against the state-of-the-art meteorological masts at three North Sea Round 3 sites. This campaign is […]

  • McDermott confirms pair of new deals for work on Qatar’s largest oil field

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

    McDermott has corroborated the award of two EPCIC contracts for the development of the next phase of the largest oil field offshore Qatar.

  • Lundin sells ‘world-first’ carbon-neutral certified oil

    27 April 2021
    Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Oil and gas company Lundin Energy has sold the world’s first-ever certified carbon neutrally produced oil to Saras S.p.A from its Edvard Grieg field offshore Norway.

  • Shell working to resolve Corrib output disruption (Ireland)

    29 September 2017

    Oil major Shell and Gas Networks Ireland (GNI) are working to resolve a gas disruption problem at one of the most significant engineering projects ever undertaken in Ireland, the Corrib offshore gas development. According to a Thursday report by Reuters, unodorized gas entered the network from the country’s Corrib offshore gas field and has curbed output since […]

  • Tax reduction brings funding leeway for Texas LNG project

    7 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy, Rules & Regulation

    Glenfarne Energy has received a county tax abatement for the upcoming construction of the natural gas export facility in Texas.

  • Seadrill drillship kicks off its gig off Brazil

    8 February 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has revealed that one of its drillships embarked on its assignment at a field offshore Brazil with the country’s oil and gas giant Petrobras.

  • Swiber Profit Jumps

    13 August 2014
    Business & Finance, Operations & Maintenance

    Swiber Holdings, a global integrated construction and support services provider to the offshore oil and gas industry, has achieved net profit of US$63 million for the six months ended June 30, 2014, up 68.3% from US$37.4 million in the same period a year ago. This was lifted mainly by higher other operating income which increased […]

  • Yinson bags another extension for Vietnam FPSO

    31 July 2019
    Business & Finance, Infrastructure

    Malaysia’s FPSO provider Yinson has secured a two-month extension for its Lam Son FPSO in Vietnam. 

  • US LNG exports continue to rise after record month

    3 November 2017
    Ports & Logistics

    US exports of liquefied natural gas (LNG) produced from shale gas are continuing to increase following a record month of October. A record 22 cargoes were exported from Cheniere’s Sabine Pass facility in October, exceeding the previous record set in May with 18 exported cargoes, the US Energy Information Administration confirmed in its latest weekly report. Six […]

  • Another oil production record for Petrobras

    12 November 2014
    Business & Finance, Project & Tenders

    Brazil’s Petrobras has announced that its consolidated oil and gas production, in Brazil and abroad, reached 2 million 795 thousand barrels of oil equivalent per day (boed) in October, up 0.5% from September’s production of 2 million 781 thousand boed. Oil production in Brazil rose 0.4% in relation to September and reaches a new record […]

  • UK offshore and maritime capabilities showcased at Amsterdam’s Offshore Energy Exhibition & Conference

    1 February 2023
    Authorities & Government, Business & Finance, Collaboration

    Last November, the annual Offshore Energy Exhibition and Conference took place in Amsterdam. The UK’s Department for International Trade (DIT) and wider UK Government partners organised and participated in various activities over the two-day programme, spotlighting the strength of UK offshore energy and maritime capabilities and exchanging perspectives on the industry’s future. Trade mission from […]

  • Diving deeper for offshore wind

    9 April 2012

    Diving support is an essential activity in the offshore wind industry. From initial survey work, through installation work and on to yearly inspections, repair and maintenance programs (IRM) there are an abundance of tasks that can only be conducted by diving operations. Over the years this has led to highly specialised and experienced teams and […]

  • The ripple effect on trade of one giant ship stuck in Suez

    25 March 2021
    Business & Finance, Vessels

    Ever Given made headlines yesterday following its grounding in one of the key bloodlines of the global trade, namely the Suez Canal. Specifically, 12% of world trade takes place through the Suez Canal, and estimates from Bloomberg indicate that the blockage has halted $9.6 billion worth of traffic a day. The colossal ship, spanning 400 […]