10000 results found for 'prelude flng'

10000 results found for 'prelude flng'
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  • Hyundai Heavy Falls Short of Ambitious Goals

    1 August 2014
    Business & Finance

    South Korea’s shipbuilding giant Hyundai Heavy Industries has been hit hard by the slowdown in the global shipping industry, posting a quarterly loss of 1.1 trillion Won (US$1.08 billion) in the second quarter of 2014.   “While our business performance fell short of our ambitious targets, we had a number of noteworthy accomplishments during the year. […]

  • USA: Anadarko’s VP Deepwater Ops Becomes CEO at Chesapeake

    20 May 2013
    Business & Finance

    Chesapeake Energy Corporation (NYSE: CHK) today announced that Robert Douglas (“Doug”) Lawler, 46, Senior Vice President, International and Deepwater Operations at Anadarko Petroleum, will join Chesapeake as Chief Executive Officer and a member of the Board of Directors, effective June 17. Lawler is a petroleum engineer with 25 years of experience in the upstream Exploration […]

  • CMA CGM Marco Polo Arrives at Jebel Ali Port (UAE)

    7 January 2013
    Business & Finance

    DP World’s flagship Jebel Ali Port, the largest man-made port in the world, today (Monday 07 January) celebrates the maiden visit of the world’s largest containership, CMA CGM Marco Polo, owned by the CMA CGM Group. This milestone reinforces Dubai’s and the port’s role as a regional gateway for the new generation of mega liner […]

  • USA: Chevron to Focus on Australian LNG Projects

    14 March 2011

      Chevron Corporation is generating record operating cash flow and advancing its strong project queue, executives said today at the company’s annual meeting with financial analysts in New York. “Operationally and financially, 2010 was an outstanding year. We continue to deliver on our commitments,” said John Watson, Chevron’s chairman and CEO. “We improved our safety […]

  • Sabah govt and Petronas devise masterplan to pursue full potential of natural gas industry

    6 January 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy

    Petronas and the state government have launched the Sabah Gas Masterplan, to guide further development of natural gas in this Malaysian state.

  • First 2 stroke gas engine taking Quantum 1 stroke

    15 March 2011

    London: By introducing a new solution for LNG-fuelled ships, DNV and MAN Diesel & Turbo are taking the Quantum concept ship one stroke further. Both the machinery and the hull design and arrangement have been improved. A year ago, DNV launched its container ship concept – Quantum. This concept ship was designed to stir up […]

  • Minister Oliver Promotes Energy Cooperation with South Korea

    15 October 2013

    Canada’s Minister of Natural Resources Joe Oliver, on Monday, began his economic mission to South Korea, where he delivered remarks at the Canada-Korea Energy Dialogue to reinforce Canada’s role as a secure, responsible energy supplier and Canada’s strategic imperative to diversify its energy markets. “Canada is proud of its strong relationship with South Korea, politically, […]

  • Finland: STX Delivers LNG Ferry to Viking Line

    10 January 2013
    Vessels

    STX Finland Oy’s Turku shipyard delivered a next-generation cruise ferry to Viking Line ABP. Building of the environmentally friendly M/S Viking Grace started at the STX Turku shipyard  in September 2011 and the ship was floated out in August 2012. The ship provided some 2,600 man-years of labour to the shipyard. M/S Viking Grace will […]

  • Trafigura signs $3 billion loan to supply ‘substantial volumes’ of gas to Germany’s SEFE

    5 December 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Commodities trading group Trafigura has entered into a $3 billion four-year loan agreement guaranteed by the Federal Republic of Germany to secure gas supply. The loan is jointly arranged and underwritten by Deutsche Bank and another international bank and syndicated to a number of participating banks. Over 25 banks participated in the successful syndication which […]

  • Philly Shipyard Hands Over 1st LNG-Ready Tanker to APT

    1 December 2016
    Business & Finance

    US-based Philly Shipyard (PSI) has delivered the American Endurance, the first of four 50,000 dwt product tankers being built for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan. The American Endurance is part of a USD 568 million agreement signed between Kinder Morgan and Philly Tankers in August 2015. Under the agreement, Kinder Morgan said […]

  • ABS Inaugurates Korea Energy Technology Center

    30 October 2012
    Business & Finance, Research & Development

    Leading classification society ABS officially inaugurated the ABS Korea Energy Technology Center (KETC) in Busan, South Korea, on 19 October 2012. ABS President and CEO Christopher J. Wiernicki joined senior representatives of the Korean shipping and shipbuilding sectors and academia to celebrate the official opening of the ABS KETC, ABS’ first global energy center. Researchers […]

  • ABS Officially Opens KETC in South Korea

    30 October 2012
    Business & Finance

    Leading classification society ABS officially inaugurated the ABS Korea Energy Technology Center (KETC) in Busan, South Korea, on 19 October 2012. ABS President and CEO Christopher J. Wiernicki joined senior representatives of the Korean shipping and shipbuilding sectors and academia to celebrate the official opening of the ABS KETC, ABS’ first global energy center. Researchers […]

  • Interview: Larger LNG-Powered Boxships Only a Matter of Time

    16 January 2016
    Business & Finance

    Cutting emissions in a world already experiencing climate change has been one of the key topics last year as world powers met in Paris to talk measures aimed at curbing global warming  of more than 2°C. Even though shipping has been left out of the Paris Agreement, there is a mounting pressure on the industry […]

  • NigerStar 7 Boosts Fleet

    12 April 2019
    Business & Finance, Operations & Maintenance

    NigerStar 7, a Nigerian joint venture company between Subsea 7 and Nigerdock, has acquired the pipelay vessel Seven Antares to boost its conventional, heavy-lifting and hook-up projects. The acquisition of the Seven Antares adds up to other recent investments made by NigerStar 7 to strengthen its local fleet and its commitment to the development of […]

  • South Korea: DSME Hits USD 12 Billion in Newbuild Orders

    26 October 2011
    Business & Finance

      DSME has now hit the 11 billion dollar mark which was the sales target for this year by winning new orders. DSME won a new order for one fixed offshore platform with Chevron, the global oil company on 14th October. The value of this contract is approximately 1.4 billion dollars. The next day, DSME […]

  • ABS Opens Korea Energy Technology Center

    30 October 2012
    Business & Finance

    Leading classification society ABS officially inaugurated the ABS Korea Energy Technology Center (KETC) in Busan, South Korea, on 19 October 2012. ABS President and CEO Christopher J. Wiernicki joined senior representatives of the Korean shipping and shipbuilding sectors and academia to celebrate the official opening of the ABS KETC, ABS’ first global energy center. Researchers […]

  • Australia: Woodside’s Browse Upstream Draft EIS Available for Public Review

    14 November 2011
    Business & Finance

    The proposed Browse LNG Development has reached a key milestone with the release for public review of the Draft Environmental Impact Statement (EIS) for the upstream component of the development. The Draft Upstream EIS concerns the construction, operation and de-commissioning of all the offshore aspects of the Browse LNG Development located in Commonwealth waters, including […]

  • 1st ME-GA engine wraps up gas trials

    12 July 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Research & Development

    The first ME-GA engine has completed gas trials aboard an LNG carrier built by Hyundai Samho Heavy Industries (HSHI) for Norwegian shipping company, Knutsen OAS Shipping, MAN Energy Solutions announced. The new engine is an Otto-cycle variant of the company’s ME-GI engine, designed for LNG/fuel-oil running. The engine is inherently Tier II and Tier III […]

  • Oil Search Inks Five Deals with Total, PNG

    9 October 2012

    Oil Search announced the signing of five Sale and Purchase Agreements with wholly owned affiliates of TOTAL S.A., for licences in the onshore and offshore Gulf of Papua region in PNG. Oil Search and TOTAL will hold equal interests in each of the five licences and will work in partnership to explore and appraise the […]

  • Shell: Korea to Play Important Part in Global Energy Market

    15 October 2013

    Energy demand in Asia could more than double in the next 50 years, and a “historic phase” of industrialization and urbanization in Asia’s emerging economies means Korea is well-placed to be an important player, said Peter Voser, the CEO of Royal Dutch Shell. “South Korea is an appropriate place to focus on this issue,” he […]

  • Drydocks World Chairman awarded for Offshore Services management

    2 June 2014

    His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World received the Award for Excellence in Shipyard Management for Offshore Services at the First International Marine Club (IMC) Golden Helm Excellence Awards (2014)-Middle East for making outstanding contributions to the sector. The ceremony was held recently at the Emirates International Maritime Academy in […]

  • Wartsila to Deliver LNG Engine to Zhejiang Huaxiang Shipping

    25 March 2014
    Equipment, Project & Tenders

    The new Wärtsilä low-pressure, 2-stroke, dual-fuel engine (DF), has been endorsed with a new order. A 5-cylinder Wärtsilä RT-flex50DF engine, together with the gas valve unit and other relevant equipment, has been ordered for a new liquefied natural gas (LNG) carrier vessel being built for the Chinese ship owner and operator, Zhejiang Huaxiang Shipping. The […]

  • Russia to Build Its First LNG Carrier by 2018

    21 June 2013

    Today at Saint-Petersburg International Economic Forum Russia’s largest shipping company OAO Sovcomflot has signed an agreement with OAO United Shipbuilding Corporation (USC) on the reservation of construction slots for the placement of orders to build further gas carriers of the Velikiy Novgorod series. Along with the agreement on the reservation of construction slots, OAO Sovcomflot […]

  • UECC Orders Two Next-Generation LNG PCTCs

    13 March 2019
    Business & Finance

    United European Car Carriers (UECC) orders two pure car truck carriers (PCTCs) in China. 

  • KBR Q4 Net Income Climbs (USA)

    23 February 2012

    KBR announced that its fourth quarter 2011 net income was at $90 million, compared to net income of $78 million, in the fourth quarter of 2010. Consolidated revenue in the fourth quarter was $2.1 billion compared to $2.3 billion in the fourth quarter of 2010. Operating income was $136 million compared to $148 million in […]