1079 results found for 'browse flng'

1079 results found for 'browse flng'
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  • GE, LR ink gas turbines MoU

    24 July 2014
    Equipment, Project & Tenders

    GE Marine and Lloyd’s Register have signed a Memorandum of Understanding (MOU) to identify potential gas turbine-powered commercial ship projects. “Through the MOU we will identify target segments and commercial customers for our highly-efficient marine gas turbine systems,” said Brien Bolsinger, Vice President, Marine Operations, GE Marine, Evendale, Ohio. “GE already has an established base […]

  • Kentz Announces Pre-Close Trading Update

    23 January 2014

    Kentz Corporation announced a pre-close trading update ahead of its results for the year ended 31 December 2013, due to be published on 24 March 2014. Highlights: Diluted earnings per share for 2013 in line with our expectations, reflecting double digit growth on 2012 Completed acquisition of Valerus Field Solutions on 3 January 2014 for US$435m […]

  • Novatek one step closer to Arctic LNG 2 FID as Japanese duo enters project

    1 July 2019
    Project & Tenders

    Russia’s Novatek and a consortium of two Japanese companies – Mitsui and JOGMEC – have signed a sales and purchase agreement for a 10% participation interest in the Arctic LNG 2 project.

  • BMT Posts Solid Financial Performance

    2 June 2014

    BMT Group, an international design, engineering and risk management consultancy, announced a solid financial performance for the year to 30 September 2013. Although market conditions have been challenging, BMT secured revenues of £163.3m, an increase of 5% year on year, with underlying operating profits of £11.3m, a proportion of which has been distributed to the […]

  • USA: ConocoPhillips Approves 2011 Capital Program

    14 February 2011

      ConocoPhillips approved a 2011 capital program of $13.5 billion, representing a significant increase in Exploration and Production (E&P) segment expenditures. Almost 90 percent of the capital program will be in support of E&P, while the Refining and Marketing (R&M) segment represents about 9 percent of this year’s spending. The 2011 capital program is consistent […]

  • ConocoPhillips Q1 Earnings at USD 2.1 Bln (USA)

    25 April 2013

    ConocoPhillips today reported first-quarter 2013 earnings of $2.1 billion, or $1.73 per share, compared with first-quarter 2012 earnings of $2.9 billion, or $2.27 per share. First-quarter 2012 reported earnings included $0.7 billion from downstream operations prior to the separation of Phillips 66 on April 30, 2012. Excluding special items, first-quarter 2013 adjusted earnings were $1.8 […]

  • Maritime giants unite in methane abatement trial on Angelicoussis Group’s LNG carrier

    13 September 2023
    Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Transition, Vessels

    Major maritime industry players led by Greek shipping company Maran Gas Maritime and Swiss-based climate tech firm Daphne Technology have joined forces on a methane abatement project involving one of Angelicoussis Group’s LNG carriers, the Maran Gas Chios. Under the project, Daphne Technology’s SlipPure™ solution, an after-treatment system that cuts methane emissions on LNG-fuelled engines, […]

  • Clean Energy Opens First LNG Station in Florida

    15 January 2014

    Clean Energy Fuels announced the opening of the first LNG fueling station in Florida, as well as the opening of the company’s America’s Natural Gas Highway stations in Pontoon Beach, Ill., and Fontana, Calif., to fuel heavy-duty natural gas trucks. The company also announced select deals in the transit and refuse sectors building on its […]

  • GE, LR Targeting Customers for Their Gas Turbine Systems

    24 July 2014
    Business & Finance

    GE Marine and Lloyd’s Register have signed a Memorandum of Understanding (MOU) to identify potential gas turbine-powered commercial ship projects.   “Through the MOU we will identify target segments and commercial customers for our highly-efficient marine gas turbine systems,” said Brien Bolsinger, Vice President, Marine Operations, GE Marine, Evendale, Ohio. “GE already has an established […]

  • Wood Mackenzie Says Modern Resource Themes Set Solid Foundations for Long-term Value Growth in O&G

    23 August 2011
    Business & Finance

    Wood Mackenzie dispels talk that the oil and gas business is a ‘sunset industry’ in a report titled ‘The changing face of upstream value’.  This documents strong, prospective value growth in the upstream industry, with a 23% increase on Wood Mackenzie’s 2010 forecast. The sector is valued at approximately US$3.2 trillion, not including exploration acreage […]

  • MHI Orders Emsys for AIDA Cruise New-Build Vessels (Japan)

    3 September 2012

    Mitsubishi Heavy Industries (MHI) of Nagasaki, Japan has ordered Emsys advanced laser emissions monitoring equipment from WR Systems, Ltd. (WRSystems) for two new-build vessels in construction for Carnival cruise line’s AIDA Cruise brand. The two 125,000-ton passenger vessels, which are the largest ever constructed for AIDA Cruises, feature many innovations that will set higher standards […]

  • Cuadrilla of UK Welcomes New CEO

    26 June 2012

    Cuadrilla Resources, the British shale gas exploration and production business, has announced the appointment of Francis Egan as the company’s new Chief Executive. Egan, who will take up this post on 9 July, has been appointed to lead Cuadrilla through its next stage of development, as the business gets ready to further explore the Bowland […]

  • Star Net Geomatics Wins 2012 Leica Innovation Award (UK)

    28 August 2012
    Business & Finance

    Leica Geosystems Ltd announced that Star Net Geomatics Ltd won the 2012 Leica Geosystems HDS (High Definition SurveyingTM) Innovation Award at its UK HDS User Symposium last month at Blenheim Palace. Star Net won the award via a public vote at the user event against tough competition from a shortlist of 7 companies including: ArcHeritage, […]

  • Trust issues preventing US CCS industry from hitting full throttle in net-zero race, report warns

    10 September 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Market Outlooks, Outlook & Strategy

    In the latest edition of a paper series examining the role of trust in the race to achieving net zero by using carbon capture and storage (CCS) in the United States, Australia’s engineering company Worley and researchers at Princeton University have found that distrust between stakeholders is one of the key reasons precluding the industry from reaching its full potential.

  • Carlyle completes EnerMech acquisition

    18 December 2018
    Business & Finance

    Aberdeen-based oilfield services provider EnerMech has confirmed the conclusion of its sale to The Carlyle Group. The company on Tuesday also announced the formation of the group’s Board of Directors.

  • Shell sheds two Norwegian fields

    20 June 2018
    Business & Finance

    Shell has reached an agreement with OKEA AS to sell its entire 44.56% interest in Draugen and 12.00% interest in Gjøa in Norway.

  • UK: Kentz EPC Business Unit Gets New COO

    15 October 2012

    Kentz Corporation, the holding company of the Kentz engineering and construction group, announced the appointment of Tush Doshi as Chief Operating Officer (COO) of Kentz’s Specialist Engineering, Procurement and Construction (EPC) Business Unit. James Moore, the current COO of Specialist EPC, is retiring following a 19 year career with Kentz. James will continue working with […]

  • Kentz Proposes to Buy Valerus Field Solutions

    9 December 2013

    Kentz Corporation announced the proposed acquisition of the Valerus field solutions business for US$435 million in cash.  Key Highlights Valerus FS is a US-based integrated oil and gas surface facility solutions provider which provides a full suite of products and services from the well head to the pipeline as well as an integrated services capability […]

  • Wood Mackenzie Says Modern Resource Themes Set Solid Foundations for Long-term Value Growth in O&G

    23 August 2011

    Wood Mackenzie dispels talk that the oil and gas business is a ‘sunset industry’ in a report titled ‘The changing face of upstream value’.  This documents strong, prospective value growth in the upstream industry, with a 23% increase on Wood Mackenzie’s 2010 forecast. The sector is valued at approximately US$3.2 trillion, not including exploration acreage […]

  • MSC charts course for ammonia-powered containership with industry majors

    18 May 2023
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Research & Development, Transition, Vessels

    The world’s largest container shipping company Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (Mou) with Lloyd’s Register (LR), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES) for a design for the ammonia dual-fuel operation of an MSC container ship. Under the MOU, a technical specification and the […]

  • UK: Kentz Sees Profits Rise

    25 March 2013

    Kentz Corporation announced its  results for the year ending 31 December 2012. Financial Highlights Revenue including revenue from JVs up 6% to US$1.56 billion (2011:US$1.47 billion); Including US$150.6m from JV operations (2011: US$101.5m) EBITDA up 22% to US$118.5m (2011: US$97.5m) Profit before tax up 32% to US$104.8m (2011:US$79.4m) Profit before tax margin 7.4% (2011: 6.2% […]

  • ConocoPhillips Q1 Earnings Hit USD 2.9 Billion (USA)

    23 April 2012

    ConocoPhillips today reported first-quarter earnings of $2.9 billion, compared with first-quarter 2011 earnings of $3.0 billion. Excluding $330 million of special items, first-quarter 2012 adjusted earnings were $2.6 billion. Special items were primarily related to gains on asset dispositions, partially offset by impairments and repositioning costs. “We operated according to plan during the first quarter […]

  • GE Supplies Gas Turbine Generators for Batam Power Plant in Indonesia

    1 March 2013

    GE has supplied two Frame 6B 3-series gas turbine-generators for the UBE Batam Power Plant, which will help to reduce power generation costs and support future economic growth for Batam, an industrial island south of Singapore. Owned by PT Medco Power Indonesia through its subsidiary, the new gas-fired facility will increase the island’s electricity supply […]

  • USA: Diamond S Shipping Acquires 30 Medium-Range Refined Product Carriers

    1 August 2011
    Business & Finance

    Diamond S Shipping announced today that it has entered into a definitive agreement to acquire 30 medium-range refined product carriers to add to its fleet of ten tankers under construction in Korean shipyards. The 30 product carriers and related charters are being purchased from Cido Tanker Holding Co. under a definitive agreement which is scheduled […]

  • Energy outlook: Oil making a comeback in 2023, says WoodMac

    3 January 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    With the global energy crisis still running the show, Wood Mackenzie has outlined ten predictions for the energy industry in 2023.