10000 results found for 'prelude flng'

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• Lower Rates Dent OSG’s Q1 Profit

  10 May 2017

  Business & Finance

  US-based oil tanker company Overseas Shipholding Group (OSG) had a challenging start of the year reporting a slashed net income of USD 5.4 million for the quarter ended March 31, 2017, compared to USD 50.7 million a year earlier. However, net income for the prior year period included income from discontinued operations from International Seaways […]

• AET Takes Over Newbuild BWM Convention Compliant VLCC

  22 January 2013

  Business & Finance

  Last week, leading petroleum tanker operator, AET, took delivery of a new 320,000 dwt VLCC from Korean yard, Daewoo. Named Eagle Vancouver, this vessel is one of the world’s first newbuilds to comply with the Ballast Water Management (BWM) Convention. Although yet to be ratified, the IMO Convention will require vessels to manage their ballast […]

• ALGESCO Inaugurates New Service Center in Algeria

  9 November 2010

  ALGESCO, a joint company between Sonatrach, Sonelgaz and GE recently celebrated the official opening of its new Service Center located in Boufarik, 35 kilometers from Algiers in Algeria. Covering approximately 18,300 sq. meters, the new facility is the largest GE Oil & Gas turbomachinery equipment service center in the world and represents a $36 million […]

• Study: New LNG-Fuelled Concept Boxship Doesn’t Need an Engine Room

  28 October 2015

  Business & Finance

  GTT, CMA CGM (and its subsidiary CMA Ships) and DNV GL released a technical and feasibility study for a new mega box ship today – the Piston Engine Room Free Efficient Containership PERFECt. The concept vessel is LNG-fuelled, powered by a combined gas and steam turbine, and is electrically driven. Exploring this novel configuration resulted […]

• IKM Subsea in double contract win

  12 February 2018

  Business & Finance, Equipment

  IKM Subsea Singapore has won two contracts for the provision of up to five remote operating vehicles (ROVs).

• New methanol-ready product tanker joins Algoma

  

  29 April 2025

  Infrastructure, Vessels

  Canadian shipping company Algoma Central Corporation and compatriot refining company Irving Oil have welcomed the first new methanol-ready product tanker.

• USA: Chart Industries Acquires AirSep Corporation

  24 July 2012

  Chart Industries, Inc., a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, announced that it has entered into a definitive agreement to acquire AirSep Corporation for $170 million in cash and up to $10 million in assumed debt. The transaction also includes senior […]

• Equinor and partners to invest $384 million in Barents Sea project

  

  23 April 2021

  Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

  Equinor and its partners Petoro, Total, Neptune, and Wintershall Dea have decided to develop the Askeladd Vest project off Norway.

• Seaspan’s parent accepts $10.9 billion buyout bid

  

  2 November 2022

  Business & Finance, Business Developments & Projects, Green Marine

  Atlas Corporation, the owner of the world’s largest lessor of containerships, Seaspan Corporation, has entered into a definitive acquisition deal with the Poseidon Acquisition Corp under which Poseidon will acquire Atlas in an all-cash transaction for $10.9 billion. The deal is being struck on the back of an increased offer the consortium, composed of David L. […]

• World’s first use of SNG in commercial shipping cuts GHG emissions

  

  7 April 2022

  Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

  A 1,036 TEU containership has reduced its greenhouse gas (GHG) emissions by 27% by operating on a blend of climate-neutral, synthetic natural gas (SNG) and conventional liquefied natural gas (LNG), compared to LNG alone.

• El Paso Pipeline Partners Reports Third Quarter 2010 Results (USA)

  3 November 2010

  El Paso Pipeline Partners, L.P.  is reporting today third quarter 2010 financial and operational results for the partnership. Highlights: * $0.47 adjusted earnings per common unit for third quarter 2010 * $0.39 reported earnings per common unit, versus $0.35 per common unit for third quarter 2009. Third quarter 2010 earnings per unit includes an $0.08 […]

• SENER Wins Special Jury Prize for Work in Spain

  13 February 2013

  SENER has been awarded the special jury prize given by the magazine Capital in recognition of the work carried out by the engineering firm in the city of Bilbao (north of Spain). SENER’s President, Jorge Sendagorta, was the person in charge of receiving the award from the hands of the General Manager of Innobasque, José […]

• ABS, Hudong–Zhonghua and Wärtsilä join forces on IMO 2050 CII-ready LNG carrier

  

  13 September 2021

  Business Developments & Projects, Certification & Classification, Collaboration, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels, Vision

  Classification society ABS, shipbuilder Hudong–Zhonghua Shipbuilding (HZS) and technology company Wärtsilä have partnered up to develop a flexible, future-ready and modular concept for a future multi-fuel electric liquefied natural gas carrier (LNGC).

• Encana, Phoenix Duvernay Gas Enter JV (USA)

  14 December 2012

  Encana Corporation has entered into a joint venture arrangement with Phoenix Duvernay Gas, a wholly owned subsidiary of PetroChina, to explore and develop Encana’s extensive undeveloped Duvernay land holdings in west-central Alberta. Under the terms of the agreement, Phoenix will gain a non-controlling 49.9% interest in Encana’s approximately 445,000 acres in the Duvernay play for […]

• Clean Energy Profit Up, USA

  1 March 2013

  Clean Energy Fuels announced operating results for the fourth quarter and year ended December 31, 2012. Gallons delivered for the fourth quarter of 2012 totaled 51.7 million gallons, up 29% from 40.0 million gallons delivered in the same period a year ago. For 2012, gallons delivered totaled 194.9 million gallons, up 25% from 155.6 million […]

• Clean Energy 3Q Revenue at USD 86.3 Mln (USA)

  8 November 2013

  Clean Energy Fuels Corp. today announced operating results for the third quarter and nine months ended September 30, 2013. Gallons delivered for the third quarter of 2013 totaled 56.4 million gallons, compared to 50.9 million gallons delivered in the same period a year ago. Gallons delivered were up 17% for the third quarter of 2013 […]

• Viking Line comes on board Gasum’s FuelEU Maritime pooling service

  

  21 November 2024

  Infrastructure, Vessels

  Nordic energy company Gasum has signed a letter of intent (LOI) with Finnish shipping company Viking Line on joining Gasum’s FuelEU Maritime pooling service.

• Qatar Petroleum takes eight jack-up rigs for North Field Expansion project

  

  2 May 2019

  Business & Finance, Exploration & Production

  Qatar Petroleum has awarded contracts for a total of eight offshore jack-up drilling rigs required for the North Field Expansion Project offshore Qatar. 

• Wartsila Wins Design Contracts for Three Platform Supply Vessels, Norway

  25 July 2012

  Wärtsilä, the marine industry’s leading solutions and services provider, has been contracted to supply the ship designs for three new platform supply vessels (PSVs). The contracts have been signed with Kleven Maritime AS, the Norwegian shipyard that will build the vessels, two of which will be owned by Atlantic Offshore and the other by Remøy […]

• Qatar sees Brexit as chance to supply UK more gas – minister

  28 March 2017

  By Tom Finn DOHA (Reuters) – Qatar sees Britain’s exit from the European Union as an opportunity to boost supplies of liquefied natural gas to the world’s fifth-largest economy and is open to investing in British energy assets, Qatar’s energy minister said. The Gulf state has 40 billion pounds ($50 billion) of investments in Britain […]

• USA: Clean Energy Q1 Revenue Up 67 Percent

  10 May 2011

    Clean Energy Fuels Corp. announced operating results for the first quarter ended March 31, 2011. Revenue for the first quarter ended March 31, 2011 rose 67% to $65.3 million, up from $39.0 million for the first quarter of 2010. Gasoline gallon equivalents (gallons) delivered for the first quarter of 2011, which includes compressed natural […]

• BP Awarded Exploration Block in Indonesia

  26 November 2010

  Following an announcement last week by the Government of Indonesia last week, BP confirmed today that it has been awarded a 100 per cent interest in the North Arafura oil and gas production sharing contract (PSC) in onshore Papua Province. The PSC was signed today in Jakarta by representatives of the Government and BP. The […]

• CB&I first quarter profit drops

  9 May 2017

  The LNG engineer Chicago Bridge & Iron (CB&I) reported a net income of US$25 million for the first quarter of 2017, as compared to $107 million for the first quarter of 2016.

• Landi Renzo, Clean Energy combine compressor businesses

  27 November 2017

  Italian company Landi Renzo and Clean Energy Fuels, the U.S. supplier of LNG fuel for transportation in North America, decided to merge compression businesses creating a major supplier of natural gas compressors. 

• Wartsila audit reveals marine engines fuel test deviations

  8 March 2016

  Following an internal audit of test processes in its facilities, Wärtsilä encountered deviations in certain fuel consumption measurement tests conducted for marine engines in Wärtsilä Delivery Centre Trieste in Italy.