10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • EU Commission launches in-depth investigation of Halliburton-Baker Hughes merger

    13 January 2016
    Business & Finance, Equipment

    The European Commission has opened what it says is an in-depth investigation to assess whether the proposed acquisition of oilfield service supplier Baker Hughes by rival Halliburton would impede effective competition, in breach of the EU Merger Regulation. Commissioner Margrethe Vestager, in charge of competition policy, said: “The Commission has to look closely at this […]

  • Statkraft Setting Stage for Offshore Wind Brexit

    9 September 2016
    Business & Finance, Operations & Maintenance

    Norway’s Statkraft is preparing a possible divestment of its shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects.  The revised strategy follows the announcement in December 2015 that Statkraft would make no new investments in offshore wind. Preparations for the divestment will be carried out in […]

  • Court Supports Offshore Wind Regulations in Ontario (Canada)

    4 March 2011
    Authorities & Government

    The wind energy industry in Ontario is pleased with today’s Ontario Divisional Court decision to uphold the current regulations for wind turbine setbacks. The application by Ontario resident Ian Hanna suggested, among other things, that the government did not adhere to their own Statement of Environmental Values (SEV) in developing a setback of 550 metres […]

  • Woodside blocks Lukoil’s buy of Cairn’s Sangomar stake

    17 August 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    Australian energy company Woodside has exercised its right to pre-empt the sale of Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture to Russia’s Lukoil.

  • Brazil: FPSO OSX-1 En Route to OGX’s Waimea Accumulation

    11 January 2012
    Business & Finance

    The FPSO OSX-1, the first oil and gas floating production, storage, and offloading unit in OSX´s fleet, is heading today towards Waimea, in the Campos Basin where it will begin the process of producing the first oil for its anchor client OGX, a largest privately owned oil and gas company in Brazil. The unit was […]

  • Lundin finishes Edvard Grieg development drilling campaign

    5 July 2018
    Exploration & Production

    Lundin has completed the PDO development drilling program at its operated Edvard Grieg field on the Utsira High in the Norwegian North Sea.

  • ‘Win-win’ gas supply deal paving the way for first phase of Alaska’s LNG project

    5 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Pantheon Resources has inked a deal with Alaska Gasline Development Corporation (AGDC), the developer of an LNG project in Alaska.

  • iXBlue Equips OceanGate Cyclops Submersibles

    29 February 2016
    Business & Finance, Equipment, Research & Development

    OceanGate and iXBlue have formed a strategic partnership to expand the application and use of marine navigation and sonar equipment to explore the world’s deep oceans. As part of the alliance, OceanGate has selected the iXBlue PHINS inertial navigation system for use aboard its fleet of Cyclops series manned submersibles. The system should deliver real-time navigational […]

  • Pacific Drilling CEO steps down after almost a decade in position

    2 August 2017
    Business & Finance, Exploration & Production

    Offshore drilling company Pacific Drilling has informed that its CEO Christian J. Beckett has stepped down from his positions as CEO and as a member of the Board to pursue other opportunities. The company, which provides ultra-deepwater drilling services to the oil and natural gas industry, announced that Paul T. Reese, the Company’s current Executive […]

  • Türkiye reinforces gas ties with US and Azerbaijan, notches up renewable electricity milestone

    20 May 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Transition

    In the wake of the BOTAŞ-ExxonMobil LNG deal, Türkiye has taken steps to strengthen its energy bonds with the United States and Azerbaijan.

  • AAPA Wants U.S. Harbor Maintenance at Authorized Levels

    23 October 2014
    Business & Finance, Project & Tenders

    With more than 400 ports, corporations, associations and individuals as signatories, the American Association of Port Authorities (AAPA) has finalized and sent a letter to leaders of the House and Senate appropriations committees, urging them to meet the dredging funding commitments made in the 2014 Water Resources Reform & Development Act (WRRDA), passed in May. […]

  • Spain-headquartered Asterion comes on board France’s largest LNG terminal

    18 September 2025
    Business & Finance, Business Developments & Projects

    On a European footprint expansion quest, Madrid-headquartered Asterion Industrial Partners, an investment management firm, has enlarged its energy portfolio with the acquisition of an interest in a liquefied natural gas (LNG) terminal, described as not only France’s largest LNG receiving and regasification facility, but also one of the largest in continental Europe.

  • CCS, COSCO team up to support maritime decarbonization

    21 June 2021
    Collaboration, Environment, Outlook & Strategy, Transition

    China Classification Society (CCS) and China COSCO Shipping Group have signed a new agreement that will see the duo work together to tackle the issue of greenhouse gas (GHG) emissions in the maritime sector.

  • OPEC calls for extending oil production cuts amid coronavirus impact

    10 February 2020

    OPEC has recommended extending oil production cuts until the end of 2020 due to the negative impact of the coronavirus outbreak on global oil demand.

  • Diamond Offshore, GE in Subsea BOP Service Agreement

    8 February 2016
    Project & Tenders, Research & Development

    Diamond Offshore Drilling and GE Oil & Gas signed contractual service agreement (CSA) that transfers full accountability for BOP performance to GE Oil & Gas. In this Pressure Control by the Hour model, Diamond Offshore will compensate GE Oil & Gas only when the BOP is available. The 10-year collaborative arrangement will include GE purchasing the BOP […]

  • Sembcorp Marine to back Chevron’s lower carbon LNG fleet upgrade

    27 February 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Vessels

    Chevron Shipping Company, a subsidiary of energy major Chevron, has entered into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, a wholly-owned subsidiary of Sembcorp Marine, with an aim to reduce the carbon intensity of its LNG fleet operations. Under the agreement, Sembcorp Marine will support Chevron in installing new technologies aboard its […]

  • Neste: Porvoo refinery to be gradually transformed into renewable and circular solutions refining hub

    25 December 2023
    Business Developments & Projects, Outlook & Strategy, Research & Development

    Finnish company Neste has completed the strategic study and begins a gradual transformation of its crude oil refinery in Porvoo into a renewable and circular solutions refining hub. Neste launched the strategic study in September 2022 with an aim to significantly grow its renewables and circular production in Porvoo long term, starting with the co-processing of both […]

  • Biden to push for IMO adoption of zero emissions goal for shipping by 2050

    27 April 2021
    Authorities & Government, Environment, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The Biden administration has committed to working with the International Maritime Organization (IMO) to adopt a goal of achieving zero emissions from international shipping by 2050. The White House said it would aim to adopt ambitious measures that will place the sector on a pathway to achieve this goal. This would up the ante for […]

  • Ørsted takes final investment decision on green hydrogen project

    20 January 2021
    Business & Finance, Business Developments & Projects

    Ørsted has taken a final investment decision (FID) on the H2RES green hydrogen demonstration project in Denmark and expects first hydrogen production in late 2021. The project, to be built at Avedøre Holme in Copenhagen, will comprise a 2 MW electrolysis plant with appurtenant hydrogen storage, with the production powered by Ørsted’s two Siemens Gamesa […]

  • Plan for Brazilian Ports Modernization Introduced

    10 December 2012
    Business & Finance

    Brazilian President Dilma Rousseff announced the launch of the Logistics Investment Program for Ports, a program to encourage the modernization of the management and infrastructure of the country’s ports, boost the expansion of private investment in the sector, decrease costs and increase efficiency. “We want to inaugurate a new era with the modernization of infrastructure […]

  • Brazil Announces USD 26 Bln Plan to Modernize Its Ports

    9 December 2012

    Brazilian President Dilma Rousseff on Thursday announced the launch of the Logistics Investment Program for Ports, a program to encourage the modernization of the management and infrastructure of the country’s ports, boost the expansion of private investment in the sector, decrease costs and increase efficiency. “We want to inaugurate a new era with the modernization […]

  • Energization of Europe’s first and world’s second multi-terminal HVDC subsea link goes full steam ahead

    29 August 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Transition

    NKT has wrapped its assignment on a 260-kilometer high-voltage direct current (HVDC) subsea link, which is envisioned to lend a helping hand in ensuring Shetland’s supply of clean, low-carbon power, enabling 600 MW of renewable generation as remote North Sea islands connect to Britain’s main grid in support of Scottish and UK net zero and energy security targets.

  • Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

    23 November 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Regulation & Policy, Transition

    Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The calls for the Global North to pay up for climate damages have reached a crescendo.

  • Statoil hits oil in Cape Vulture well

    17 January 2017
    Exploration & Production, Project & Tenders

    Statoil Petroleum has made an oil discovery northwest of the Norne field in the Norwegian Sea, offshore Norway.  Statoil was given consent to drill the exploration well in block 6608/10 with the Deepsea Bergen rig and a drilling permit for the well 6608/10-17 S in November 2016. The drilling of the Cape Vulture exploration well started […]

  • Total Sells Share in Block Offshore Angola for $750 M

    4 February 2014

    Total announces the sale of its 15% participating interest in the offshore Angola Block 15/06 to Sonangol E&P. The transaction is valued at 750 million dollars and remains subject to customary approvals. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus its investment […]