10000 results found for 'north star'

10000 results found for 'north star'
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  • Arctic Securities, Fredriksen Form New Shipbroking Venture

    26 January 2016
    Business & Finance

    Oslo-based investment bank Arctic Securities AS and the John Fredriksen family’s investment company, Geveran Trading Co, are establishing a new shipbroking company, Arctic Shipping Norway AS. “With this initiative, another piece of our strategy to cover all aspects of shipping and offshore in-house in Arctic is in place,” says Mads H. Syversen, CEO at Arctic Securities. “Our ambition […]

  • Havyard Delivers State-of-the-Art PSV Ben Nevis

    20 March 2013

    Friday last week Havyard Group delivered its sixth newbuilding to the Indian shipping company Global Offshore Services and the naming ceremony were held Monday in Aberdeen. The platform supply ship (PSV) “Ben Nevis” is a Havyard 832 design. The naming ceremony was held in Aberdeen on Monday and Arlie Snellen was Godmother. This was the […]

  • Launching Ceremony for Jan De Nul’s New TSHD in Pula, Croatia

    16 July 2012
    Business & Finance

    Last Saturday 14 July at 11h30, the Trailing Suction Hopper Dredger ‘Bartolomeu Dias’ was launched at Uljanik Brodogradiliste d.d. shipyard in Pula (Croatia). The ‘Bartolomeu Dias’ is a sister vessel of the ‘Pedro Álvares Cabral’ that was launched in the beginning of this year, also at this shipyard in Pula. After the successful investments between […]

  • Eni takes blame for oil and tar balls on UK beaches

    20 July 2017

    Italian oil company Eni has reportedly taken responsibility for oil and tar balls that have washed up along the coast from Cleveleys to Fleetwood, at Knott End and in Blackpool in the UK. Wyre Council on Wednesday said it was working with the Maritime and Coastguard Agency (MCA) to establish the extent of the pollution […]

  • Oil director: Norwegian shelf well-equipped to weather tough times

    15 January 2015
    Project & Tenders

    Norwegian Petroleum Directorate has today issued a statement saying that high costs and weaker oil prices could drive necessary readjustments that will strengthen the petroleum industry over the long-term. Significant remaining resources on the Norwegian shelf provide a basis for continued value creation and a high activity level for many years to come, the NPD […]

  • UK: New Generation Jack-Up Vessel Arrives for Gwynt y Môr

    4 September 2012

    A new offshore wind farm installation vessel, the first of its kind in the UK, arrives into Cammell Laird Shipyard in Birkenhead today (Sat, 1 September) in preparation for its first operational activity at Gwynt y Môr Offshore Wind Farm. The new generation jack-up vessel, named Friedrich Ernestine, has been built and designed by RWE […]

  • 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 […]

  • Subsea upgrade on the agenda for Equinor’s Norwegian Sea duo

    10 August 2023
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    Norway’s state-owned energy giant Equinor has received consent from the Petroleum Safety Authority (PSA) to use upgraded subsea compression facilities on two fields located in the Norwegian Sea. PSA reported on 9 August that it had given its approval to Equinor to use upgraded subsea compression facilities on the Åsgard and Mikkel fields. The move comes […]

  • EY: Private equity firms set to increase investment in O&G sector

    21 June 2016

    Private equity (PE) firms are preparing to deploy capital into the global oil and gas sector with 25% planning acquisitions before the end of the year and 43% by the first half of 2017, according to an EY global survey of 100 PE firms active in the sector. With US$971.4b of PE dry powder from June […]

  • Keppel lands Kraken FPSO deal

    1 July 2014
    Business & Finance

    Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Singmarine Pte Ltd have secured contracts worth a total of S$368 million (USD 295 million). The contract secured by Keppel Shipyard is for the conversion of a Floating Production Storage and Offloading (FPSO) vessel for Armada Kraken Pte Ltd (Armada […]

  • Seadrill drillship gets more work in Gulf of Mexico

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

    Seadrill has secured a contract extension for one of its drillships, which will continue to carry out operations in the U.S. Gulf of Mexico. 

  • Chinese giant brings online gas project in Bohai Sea

    18 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    China’s oil and gas player CNOOC Limited has kicked off production from a gas development project in the Bohai Sea.

  • TotalEnergies to splash out $850 million on Angola project

    13 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    French energy giant TotalEnergies and its partners have made a final investment decision on an $850 million project offshore Angola.

  • Israel limits natural gas production at Leviathan due to pipeline fault

    14 February 2020

    The Government of Israel has limited the natural gas production from its largest natural gas field – Leviathan – to about 60 percent of its production capacity due to a pipeline fault.

  • Saipem scoops more Zohr work worth $900 million

    28 July 2017
    Business & Finance

    Saipem and Petrobel have finalized offshore contract variations worth $900 million for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Optimized Ramp Up” phase of the giant Zohr development project in the Mediterranean Sea off Egypt.  Petrobel is a joint venture between IEOC, an Eni subsidiary in Egypt, and Egyptian General Petroleum […]

  • Hyperdynamics to start drilling operations offshore Guinea

    24 May 2017
    Exploration & Production

    Pacific Drilling-owned drillship Pacific Scirocco has entered Guinea shelf waters and is starting drilling operations for the independent exploration company Hyperdynamics. Worth noting, by the start of drilling operations, Hyperdynamics does not mean the actual spudding, but the drillship preparations in general. According to Hyperdynamics’ statement on Wednesday, the drillship entered the waters on Sunday, May 21. […]

  • Israeli and Indian tie-up to bring Ghana wave plant online

    20 December 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Israeli wave energy company Yam Pro Energy has signed a memorandum of understanding with the Indian business conglomerate Shapoorji Pallonji (SP) Group to build wave energy power station in Ghana.

  • Divers Recover More Bodies from AirAsia Wreckage

    23 January 2015
    Operations & Maintenance

    The search and rescue divers have recovered six additional passengers located inside of the fuselage wreckage on the Java Sea floor. The discovery of the fuselage was in 3000 meters from the point of discovery of the tail, or about 800 meters from the discovery of VDR (Voice Data Recorder). The SAR operation of QZ […]

  • Promising results from Maersk Drilling’s first low-emission rig

    17 December 2020
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Infrastructure, Technology, Transition

    After being converted to a low-emission rig, Maersk Intrepid has entered operations as the first Maersk Drilling rig to feature this set of upgrades.

  • BW Offshore FPSO staying longer in Nigeria

    17 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Eni has handed out another short-term contract extension to BW Offshore for one of its FPSOs, which is working on a field off Nigeria.

  • Drillship takes on more drilling work at giant Black Sea gas project

    30 January 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Türkiye’s first drillship has begun drilling a new detection well in the Sakarya gas field project development in the Black Sea, one of the largest energy projects ever built in the country. Türkiye Petrolleri reported on 30 January that the Fatih drilling vessel had started drilling in Amasra-2. To remind, Türkiye’s national oil and gas company TPAO brought […]

  • UAE player’s new MENA deal reflects growing demand and higher rates

    27 September 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    UAE-headquartered Gulf Marine Services (GMS) has secured a new long-term contract for one of its large-size class vessels. 

  • Neptune Energy extends collaboration with TechnipFMC

    12 July 2022
    Business & Finance, Business Developments & Projects, Collaboration, Project & Tenders

    Oil and gas company Neptune Energy has awarded TechnipFMC with a new contract for the delivery of technical services in Norway. The Technical Service Agreement (TSA) builds on an existing contract that is said to have been optimised to fit Neptune’s future requirements. TechnipFMC will continue providing engineering, studies and technical services, including installation work and […]

  • XOCEAN to launch commercial USV production that could create 1000+ jobs

    2 February 2022
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    Irish firm XOCEAN is advancing to become the first company to commercialise uncrewed surface vessels (USV) for ocean data gathering with a €1.7 million grant secured from the European Maritime and Fisheries Fund (EMFF).

  • Watch: CSL’s new self-unloader hits the water in China

    21 May 2021
    Environment, Transition, Vessels

    Chengxi Shipyard in China hosted yesterday the naming and launching ceremony for M/V Nukumi, a new self-unloading vessel being built for Canada Steamship Lines (CSL). The launching comes four months after the ship’s keel-laying ceremony, which was held in January 2021. Once delivered, the 26,000 dwt vessel will serve Windsor Salt, delivering deicing salt from […]