10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • DONG and Macquarie Invest in Taiwanese Formosa I Offshore Wind Farm

    25 January 2017
    Business & Finance

    DONG Energy and Macquarie Capital have signed agreements to acquire a combined 85% ownership interest in the Taiwanese offshore wind project Formosa I from local developer Swancor Renewable. Completion of the transactions is subject to a number of conditions precedent including approval from the EU and from the Investment Commission under Taiwan’s Ministry of Economic Affairs, […]

  • Montero to Acquire Stake in Greenflash Phosphate Project

    14 September 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Montero Mining and Exploration has entered a binding letter agreement with Greenflash 251 to acquire up to a 75% interest in the Greenflash Offshore Phosphate Project in South Africa (the “Greenflash Project”). Montero has 6 months from signing to complete financial, legal and technical due diligence and seek TSXV approval. Upon fulfillment of all conditions […]

  • NYK CEO warns: Post-cold war international order unsustainable, signalling uncharted waters ahead

    5 January 2024
    Authorities & Government, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Safety, Transition, Vessels

    The maritime industry stands at the nexus of geopolitical intricacies, grappling with unprecedented challenges that demand astute navigation and strategic foresight. The latest attacks in the Red Sea against merchant ships come on the back of a series of black swan events, each more intricate and challenging than the last. The pervasive impact of the […]

  • Balticconnector Offshore Pipeline Installation Starts

    20 May 2019
    Business & Finance, Operations & Maintenance

    Pipeline installation of the offshore part of Balticconnector, the Estonian-Finnish gas interconnection, is set to begin. In 2018 all preparatory offshore works were completed, and the seabed is now ready for the pipeline to be installed. All the offshore pipes – more than 6,400 in number – with a total weight of 36,000 tons have […]

  • Sterling ups Romanian stake

    19 August 2008

    Sterling Resources has agreed a deal to acquire an additional 40% working interest in the 1.5 million acre South Craiova Block E III-7 onshore Romania. The agreement allows for the transfer of Grove Energy’s share in the concession to Midia Resources SRL, a wholly owned subsidiary of Sterling. “With a return to a 100% working […]

  • Statoil names SVP for investor relations

    24 October 2014
    Business & Finance

    Norwegian oil company has appointed Peter Hutton as senior vice president CFO investor relations and will report to chief financial officer Torgrim Reitan. Hutton is currently director of oil and gas research in RBC Capital Markets London, and has broad international experience from the oil and gas industry. He has spent 12 years in the oil […]

  • ICBC Leasing Signs USD 869 Million Tanker Deal with BP

    22 October 2015
    Business & Finance

    China’s leasing company ICBC Financial Leasing has entered into an USD 869 million agreement with BP Shipping, the shipping arm of the oil major BP, to lease 18 tankers for a period of 10 years. This is the first business deal between ICBC and BP Shipping, signed during a visit of Chinese President Xi Jinping to Great Britain. ICBC Financial Leasing, […]

  • Atwood Oceanics to Sell ‘Vicksburg’ Jackup Drilling Unit (USA)

    20 February 2014
    Business & Finance

    Atwood Oceanics, Inc.revealed that one of its subsidiaries had entered into a definitive agreement for the sale of its standard jackup drilling unit, the Vicksburg, to Gulf Drilling International Ltd (Q.S.C.) for a sales price of $55.4 million. The closing of the sale is expected to occur in early 2014 following the completion of the […]

  • Former Hercules CEO to head Tidewater

    16 February 2018
    Business & Finance

    Tidewater has appointed a new president, CEO, and member of the board of directors, effective March 5.

  • Pa-X-ell2: First Fuel Cells for AIDAnova

    11 October 2019
    Business & Finance

    AIDA Cruises is taking part in Germany’s research project which will test the use of fuel cells on passenger vessels.

  • Lundin Strikes Gas Offshore Malaysia

    6 August 2014
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Lundin Petroleum AB has completed the first well in its 2014 Malaysian drilling campaign with the successful drilling and testing of Tembakau-2 appraisal well in Block PM307, offshore Malaysia. Tembakau-2 was drilled by the jackup rig West Prospero to a depth of 1,450 metres in 68 metres water depth. The well targeted stacked gas reservoirs […]

  • Shell makes further cuts in UK

    25 May 2016

    Oil major Royal Dutch Shell has increased its target for layoffs in 2016 by 2,200 jobs due to prolonged weak oil price environment. As a result, 475 jobs will be cut in Shell’s UK Upstream and Ireland business. According to Shell’s statement on Wednesday, the company’s staff have been informed about the progress being made […]

  • Stolt Tankers, Rotterdam Port, Vopak to explore shore power use for chemical tankers

    5 May 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Norwegian tanker operator Stolt Tankers, part of Stolt-Nielsen, has signed a memorandum of understanding (MOU) with the Dutch Port of Rotterdam Authority and Vopak terminal Botlek to conduct a six-month feasibility study for the use of shore-based power for chemical tankers calling at the terminal.

  • Shell to explore CCUS opportunities with KazMunayGas

    3 September 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Transition

    Shell and KazMunayGas have signed a Memorandum of Cooperation in the area of CO2 Capture Utilization and Storage Technology (CCUS).

  • Qatar: LNG Japan Corporation Supports RasGas CSR Programme

    23 August 2011

    In a meeting with His Excellency Dr Mohammed Bin Saleh Al Sada, Minister of Energy and Industry and Chairman of RasGas Company Limited (RasGas), Mr Yasunori Takagi, CEO and President of LNG Japan Corporation, presented a contribution in support of RasGas’ Corporate Social Responsibility (CSR) programme over the next five years. The investment came to […]

  • Austal Delivers JHSV Choctaw County to US Navy

    10 June 2013
    Business & Finance

    The second Austal-built Joint High Speed Vessel (JHSV), USNS Choctaw County (JHSV 2), was officially delivered to the United States Navy on June 6, exactly six months following the delivery of USNS Spearhead (JHSV 1) on December 6, 2012. The USNS Choctaw County successfully completed Acceptance Trials in May and will sail away later this […]

  • Following Gulf of Mexico project delivery, Trendsetter working for Woodside again

    19 December 2023
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    Almost two months after the delivery of subsea equipment for Woodside Energy in the Gulf of Mexico, Texas-based oil and gas services company Trendsetter Engineering has begun work on another Woodside project. Trendsetter Engineering (TEI) has won a contract with Woodside Energy to provide several subsea manifolds with foundations, valves, and connection systems to support […]

  • Hydroid Receives Contract from NOAA for REMUS 600 AUV (USA)

    19 October 2011
    Business & Finance, Equipment, Project & Tenders

    Hydroid Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of Autonomous Underwater Vehicles (AUVs), has received a contract from the National Oceanic and Atmospheric Administration (NOAA) for a new REMUS 600 AUV system. The REMUS 600 will provide NOAA’s Office of Coast Survey with full bottom coverage depth sounding data in conformance with […]

  • Coastal Enters into Small Field RSC with Petronas (Malaysia)

    6 July 2012
    Business & Finance

    Coastal Energy Company has entered into a Small Field Risk Service Contract (“RSC”) with Petroliam Nasional Berhad (“PETRONAS”) for the development and production of petroleum from the Kapal, Banang and Meranti cluster of small fields (the “KBM Cluster”) offshore Peninsular Malaysia. Coastal (with 100% equity interest under the Small Field RSC) will be the operator […]

  • Atlantis reinstalls fourth MeyGen turbine

    18 October 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Atlantis Resources has reinstalled the fourth tidal turbine in the Pentland Firth off Scotland, wrapping up the Phase 1A of the MeyGen project.

  • Woodside names Gene Tilbrook non-executive director

    12 November 2014

    Woodside named Gene Tilbrook its board as non-executive director effective December 2014.

  • ICBC Leasing Signs USD 869 Million Tanker Deal with BP

    22 October 2015
    Business & Finance

    China’s leasing company ICBC Financial Leasing has entered into an USD 869 million agreement with BP Shipping, the shipping arm of the oil major BP, to lease 18 tankers for a period of 10 years. This is the first business deal between ICBC and BP Shipping, signed during a visit of Chinese President Xi Jinping to Great Britain. ICBC Financial Leasing, […]

  • CNG Source opens new refueling station

    28 November 2014

    CNG Source has opened a new CNG fueling station in Indianapolis.

  • Shermco Lands Deal to Conduct Electrical Maintenance on Offshore Rig in Equatorial Guinea

    10 June 2011
    Business & Finance

    Shermco Industries, a leader in electrical maintenance for light, medium and heavy industrial trade, is currently performing electrical maintenance and testing work for an offshore oil platform off the coast of Equatorial Guinea. Shermco won the Fortune 500 contract in March for a scope of work which includes general preventative maintenance for the electrical distribution […]

  • Maersk Growth invests in Danish biofuel producer

    27 April 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raised EUR 2.15 million from this investment round, pushing the total to nearly […]