10000 results found for 'prelude flng'

10000 results found for 'prelude flng'
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  • Statoil swings to profit in Q4

    7 February 2018

    Norwegian energy giant and LNG operator Statoil swung to a quarterly profit due in part to rising oil and gas prices, and higher production. The company on Wednesday reported a fourth-quarter IFRS net income of $2.6 billion, compared to last year’s loss of $2.8 billion. Adjusted earnings were $4 billion in the fourth quarter, up from […]

  • Russian President Orders Gazprom to Build South Stream with Max Capacity

    23 February 2012

    Gazprom’s CEO Alexey Miller, reported yesterday to Russian President Dmitry Medvedev on the progress with the South Stream project. “It is a very timely project. Besides the evident growth in gas transit reliability, it will considerably enhance our capabilities to flexibly adapt to changes of demand for energy carriers in Europe. It is an important factor of Russian gas competitiveness in European markets,” said Alexey Miller. So far, the Consolidated Feasibility Study of South […]

  • Black & Veatch Says Gas Could Overtake Coal as Primary Fuel for U.S. Power Generation

    16 December 2011

    Renewable energy capacity will more than triple, while doubling its overall percentage of the U.S. energy mix, by 2036. In addition, natural gas could overtake coal as the primary fuel for U.S. power generation. These conclusions and many more are among key findings from Black & Veatch’s year-end Energy Market Perspective(EMP). “Organizations will continue building […]

  • Petronas and Sinopec combine strengths to amplify energy sector’s growth and innovation

    6 June 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    Petronas has inked an MoU with Sinopec to look into options for fostering security of supply while accelerating the low-carbon shift.

  • Enbridge names new chief executive

    4 October 2022

    Canadian pipeline company Enbridge has appointed a new chief executive officer (CEO) as the current CEO Al Monaco is retiring after 27 years with the company. Enbridge announced Al Monaco’s retirement as president and CEO and from its board of directors effective 1 January 2023. Concurrent with this announcement, the board of directors has appointed Greg […]

  • US ports eye $3bln for electrification from Inflation Reduction Act

    9 August 2022
    Authorities & Government, Business & Finance, Green Marine, Ports & Logistics, Transition

    The U.S. ports are set to benefit from a $3 billion worth of funding round intended for electrification and emission reduction. The funding has been included in the long-awaited Inflation Reduction Act that was adopted in the U.S. Senate on August 7. The House is expected to return from recess to pass the bill later […]

  • Eidesvik vessel scores new long-term gig with Aker BP

    11 July 2022
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Eidesvik Offshore has inked a new contract for one of its platform supply vessels (PSVs) with the Norwegian oil and gas company Aker BP.

  • ZIM, 2M go separate ways on transpacific route

    28 January 2022
    Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy

    Israeli shipping company ZIM Integrated Shipping Services has decided to end the cooperation with the 2M alliance members Maersk and Mediterranean Shipping Company (MSC) on key transpacific trades.

  • McDermott lands FEED job for gas pipeline in Vietnam

    26 August 2020
    Business & Finance, Business Developments & Projects, Infrastructure

    McDermott has been awarded a contract by Delta Offshore Energy to provide front-end engineering design (FEED) services for a subsea gas pipeline in Vietnam.

  • McDermott’s DLV 2000 Gets First Subsea Installation Job

    23 February 2016
    Project & Tenders

    McDermott International’s new derrick lay vessel, the DLV 2000, has secured scope as part of the current McDermott work schedule for the INPEX Ichthys LNG project offshore Western Australia. The DLV 2000 is a class 3 dynamically positioned vessel combining a 2,200-ton revolving crane with a deepwater S-lay pipelay system configured to install pipelines with […]

  • ConocoPhillips Sells Nigerian Business for $1.8 Bln

    21 December 2012
    Business & Finance

    ConocoPhillips yesterday announced it has entered into agreements to sell its Nigerian business unit for a total of $1.79 billion plus customary adjustments. ConocoPhillips has entered into agreements with affiliates of Oando PLC to sell its Nigerian business unit. This includes two offshore properties consisting of a 95 percent operated interest in OML 131 (Chota […]

  • Triple to Acquire CSG Project in China

    5 October 2012

    Triple Energy announced that it has executed a share purchase agreement to acquire CFT’s coal seam gas project and interests in Northern China. The Agreement remains subject to a number of conditions precedent, including final due diligence sign off and shareholder approval. The board of Triple considers that this project provides a medium to low […]

  • Chile: ENAP Reorganizes Top Management

    26 April 2012

    As of April 16th, 2012, ENAP’s CEO, Ricardo Cruzat Ochagavía, announced that Empresa Nacional del Petróleo, ENAP, has decided to reorganize its top management in order to adjust its structure to the new scenario faced by the company by optimizing its business areas. From this date, the refining, logistics and commercialization business will be concentrated […]

  • Clough Names Kevin Gallagher as CEO (Australia)

    23 June 2011

    Engineering and construction company Clough Limited today announced Kevin Gallagher will be appointed to succeed John Smith as Chief Executive Officer of Clough. Mr Gallagher will take up his appointment with Clough towards the end of August. Mr Gallagher brings 20 years experience in oil and gas operations, including 13 years experience with Woodside Energy, […]

  • Gazprom and Petrovietnam Discuss Hydrocarbons Development

    23 November 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Orenburg hosted the fifth meeting of the Joint Coordinating Committee (JCC) between Gazprom and Petrovietnam State Oil and Gas Corporation as part of the execution of the Strategic Partnership Agreement signed by the companies. The meeting was held by the JCC Co-Chairmen – Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Nguyen Vu […]

  • Australia: Clough to Appoint New CEO in August

    23 June 2011
    Business & Finance

      Engineering and construction company Clough Limited today announced Kevin Gallagher will be appointed to succeed John Smith as Chief Executive Officer of Clough. Mr Gallagher will take up his appointment with Clough towards the end of August. Mr Gallagher brings 20 years experience in oil and gas operations, including 13 years experience with Woodside […]

  • McDermott, Allseas Secure FEED for Subsea Installation Project Off Mozambique

    17 January 2013
    Business & Finance

    McDermott International, Inc. has teamed up with industry leader Allseas to provide a robust project execution strategy for the front-end engineering and design (“FEED”) of a subsea natural gas pipeline system and subsea infrastructure installation project for US independent Anadarko Petroleum offshore Mozambique. The successful pair was awarded a FEED contract by Anadarko in January […]

  • USA: APSI Commences Production of Tanker for Joint Venture with Crowley

    7 January 2014
    Business & Finance

    Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA, began production activities yesterday on the first product tanker that it is building for its joint venture with Crowley. Crowley and APSI have signed contracts for the first four tankers, with a total contract value of approximately $500 million. A small […]

  • PGNiG Net Profit Surges (Poland)

    14 August 2013

    In the first half-year of 2013, the PGNiG Group posted approximately PLN 1.43bn in net profit, versus PLN 45m in the same period last year. The over thirty-fold rise in net profit was driven by a substantial increase in the volumes of crude oil produced and sold after the production facility in Lubiatów and the […]

  • KBR CEO to Retire

    16 December 2013

    KBR announced that William P. “Bill” Utt will retire from his role as Chairman, President and Chief Executive Officer in 2014. The Board of Directors has formed a search committee to identify his successor. To ensure a smooth transition, Mr. Utt will continue to lead KBR in his current positions until a new CEO is […]

  • Gazprom, CNPC Discuss Gas Supplies from Russia to China

    4 February 2013

    Moscow hosted another meeting of the Joint Coordinating Committee (JCC) between Gazprom and China National Petroleum Corporation (CNPC). The meeting was chaired by the JCC Co-Chairmen – Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Wang Dongjin, Vice President of CNPC. The parties addressed various technical issues regarding the arrangement of future natural […]

  • Quantum Develops New NGV Fuel Storage Technology, USA

    7 November 2012
    Equipment

    Quantum Fuel Systems Technologies Worldwide, announced the roll-out of its new and enhanced natural gas storage technology aimed at creating sizeable new opportunities within the heavy duty long-haul and medium duty vehicle segments, among others. This next generation of proprietary advanced fuel storage technology incorporates state-of-the-art materials and innovative design characteristics to further support rapid […]

  • COSCO blacklisted: Sanctions signal new front in US-China (maritime) rivalry

    9 January 2025
    Authorities & Government

    China’s state-owned COSCO Shipping Holdings has been placed on the US Department of Defense’s (DoD) sanctions list, together with 130 other Chinese companies, for their alleged ties to the country’s military. As informed, the primary objective of this list, which now comprises a total of 134 companies, is to restrict the entities’ economic and technological interactions […]

  • EAGC 2010 Berlin: European Commissioner for Energy Says Infrastructure is Key to EU Energy Future

    22 November 2010

    Keynote speaker Gϋnther H. Oettinger, European Commissioner for Energy, European Commission, at last week’s 2010 European Autumn Gas Conference, said “the urgent necessity to provide the energy market with a proper infrastructure is one of the key priorities of the new energy strategy until 2020,” which was presented by the European Commission on Wednesday. “All […]

  • Canadian firm to launch proof-of-concept methanol HPDI project for marine applications

    27 February 2024
    Business Developments & Projects, Green Marine, Technology

    Canada-based alternative fuel systems supplier Westport Fuel Systems has revealed plans for a proof-of-concept project to test its High Pressure Direct Injection (HPDI) fuel system utilizing methanol for marine applications. For this project, Westport said it has partnered with a leading global supplier of power solutions for maritime applications (OEM). The project is expected to […]