10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • 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.

  • Port of Cuxhaven Forging Ahead with Offshore Wind

    19 December 2014
    Business & Finance, Ports & Logistics

    In a letter marking the end of a successful year, Hans-Peter Zint, CEO of the Port of Cuxhaven, has highlighted the significant role that the offshore wind industry had at the port.  As should be the case for a multipurpose port, different kinds of cargo played a key role in this success. In terms of ferry service, for […]

  • Stena Bulk, Alfa Laval join the world’s 1st project to demonstrate end-to-end shipboard carbon capture

    5 October 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Research & Development, Transition, Vessels

    The Global Centre for Maritime Decarbonisation (GCMD), Oil and Gas Climate Initiative (OGCI), Stena Bulk, and Alfa Laval have launched a joint project to investigate the on-board capture, storage and off-loading of carbon dioxide (CO2). During a two-year-long project, divided into three stages, a seven-member consortium will test a carbon capture unit onboard a Stena […]

  • Large-scale deployment of CCS tech gets industry support in Houston

    17 September 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Technology, Transition

    U.S. energy majors ExxonMobil and Chevron together with nine other partners will bring their industry expertise in support of a large-scale deployment of CCS in the Houston area.

  • 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.

  • The Netherlands: Allard Castelein Appointed Port of Rotterdam Authority CEO

    18 July 2013
    Business & Finance

    Allard Castelein will become Chief Executive of the Port of Rotterdam Authority on 1 January next. Castelein (1958), who was born and bred in Rotterdam, is currently Vice President Environment at Royal Dutch Shell. The two shareholders (the Municipality of Rotterdam and the State) have appointed Castelein to succeed Hans Smits, who will be leaving […]

  • Equinor Picks Prysmian Inter-Array Cables Offshore New York

    5 December 2019
    Project & Tenders, Storage

    Equinor has signed an agreement with the Prysmian Group for the supply of inter-array cables for the Empire Wind offshore wind project in New York. Prysmian revealed that it is responsible for the design, supply and storage of approximately 150km of 66kV XLPE-insulated inter-array cables, which will transmit twice the current industry standard ensured by […]

  • McDermott in new $810 million credit agreement

    3 July 2017

    U.S. engineering, procurement, construction and installation company McDermott has entered into a five-year amended and restated credit agreement with $810 million of capacity for letters of credit and a $300 million revolving cash sublimit. Additionally, the agreement allows for current or new lenders to increase commitments up to a total of $1 billion, the company said on Monday. The amended […]

  • Occidental selling upstream assets to slash debt

    20 February 2025
    Business & Finance, Business Developments & Projects

    Occidental (Oxy) has made progress on its debt-reduction plan by reaching a near-term debt repayment target and signing two agreements to divest upstream assets to undisclosed buyers.

  • SapuraKencana Energy makes ‘significant’ gas discovery offshore Malaysia

    31 May 2016

    Malaysia’s SapuraKencana Energy (“SKE”) on Tuesday announced another significant gas discovery from its three wells 2015 drilling campaign within the Block SK408 Production Sharing Contract (PSC) area, offshore Malaysia. All three wells targeted non-associated gas within the primary target Late Miocene Carbonate reservoirs. The first well, Jerun-1 is a significant discovery located approximately 5km north […]

  • DeepOcean Nets Subsea Construction Contract Off Ghana

    19 February 2015
    Operations & Maintenance, Project & Tenders

    DeepOcean Ghana Limited has been awarded a contract to provide the services of a Multi Purpose Construction Vessel (MPV) to Tullow Ghana Limited. The scope of work for the contract is inspection, survey and subsea construction on the Tullow operated deepwater Jubilee and TEN Fields offshore Ghana. The contract includes subsea tree and jumper installations in approximately 1,100 – […]

  • New Chair Named for Peninsula Waterways Committee

    6 November 2018
    Business & Finance

    The New South Wales’ Wagstaffe-Killcare Community Association vice president Mr Mike Allsop has been named chair of the newly-formed Peninsula Waterways Committee. “The association has been maintaining a close watch on the dredging program and its impact on resumption of ferry services to Ettalong and Wagstaffe,” Mr Allsop said. “Needless to say, we have all […]

  • EU Starts Trans Caspian Pipeline Negotiations

    12 September 2011
    Business & Finance

    Today the European Union has adopted a mandate to negotiate a legally binding treaty between the EU, Azerbaijan and Turkmenistan to build a Trans Caspian Pipeline System. This is the first time that the European Union has proposed a treaty in support of an infrastructure project. The treaty will be concluded by the EU after […]

  • Sri Lanka: President Opens Oluvil Harbour

    4 September 2013
    Business & Finance

    The newly constructed Oluvil commercial port and fisheries harbour together with the ice manufacturing plant constructed in the Eastern Province with aid from Denmark was vested in the public by President Mahinda Rajapaksa Sunday afternoon. Sri Lankan Government in its plans to give momentum to its economic development under the five hub concept had decided […]

  • USA: Mayor, Council Members Participate in Jim Caudle Reef Update

    18 October 2013
    Business & Finance

    Mayor Marilyn Hatley and the members of the North Myrtle Beach City Council participated in an update on the status of the Jim Caudle Reef (PA-01), which is located about 2.5 nautical miles from the south jetty of Little River and lies under about 30 feet of water. The event was hosted by the North […]

  • Trump Sets BOEM 2019 Budget at USD 179.3 Million

    13 February 2018
    Authorities & Government, Business & Finance

    U.S. President Donald Trump has proposed a budget of USD 179.3 million for the Bureau of Ocean Energy Management (BOEM) in Fiscal Year (FY) 2019, under a total budget for the U.S. Department of the Interior (DOI) of USD 11.7 billion. 

  • Angola: Eni to launch Ochigufu and Vandumbu fields in 2018, 2019

    7 November 2017
    Project & Tenders

    Eni has informed that the Ochigufu and Vandumbu fields offshore Angola would be launched in 2018 and 2019, respectively.

  • Kongsberg unveils new HUGIN AUV

    4 February 2021
    Innovation, Research & Development, Technology

    Kongsberg Maritime has announced the next generation of its HUGIN autonomous underwater vehicle (AUV). Named HUGIN Endurance, the new AUV boosts operational duration to approximately 15 days, enabling extended survey and inspection missions. This allows HUGIN Endurance to undertake extensive missions without the support of a mothership. Shore-to-Shore operations offer the opportunity to reduce carbon […]

  • DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation

    15 September 2025
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Vessels

    DNV has awarded an approval in principle (AiP) to HD Hyundai Mipo for an ammonia dual-fuel medium gas carrier (MGC) design featuring a forward (FWD) accommodation layout.

  • Annual renewable power must triple by 2030, IRENA claims

    22 June 2023
    Market Outlooks, Outlook & Strategy, Transition, Vision

    In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C climate target within reach. More specifically, IRENA identifies the way forward to immediately course correct the 1.5°C climate pathway and calls for […]

  • ORLEN books 100% regasification capacity of Gdańsk FSRU terminal

    18 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Poland’s GAZ-SYSTEM and ORLEN Group have signed an agreement for the provision of regasification services at the FSRU terminal in the Gulf of Gdańsk. The agreement follows the open season procedure in which ORLEN submitted an order covering 100% of the regasification services offered by GAZ-SYSTEM. To note, the FSRU project is designed to perform […]

  • Wintershall welcomes new executive board member

    25 November 2015
    Business & Finance

    Thilo Wieland, currently General Manager of Wintershall Libya, will join the Board of Executive Directors of Wintershall as of December 1, 2015. Wieland will be responsible for Exploration & Production in Russia, North Africa and South America. He thus takes over the Ressort that was previously the responsibility of Mario Mehren, who has been the […]

  • Top Ships Secures Funds for Sixth MR Tanker

    4 August 2016
    Business & Finance

    Greece-based tanker owner and operator Top Ships has secured financing for the company’s sixth and final newbuilding vessel, the 50,000 dwt fuel efficient “ECO” MR product tanker, M/T Nord Valiant. Namely, the company said that it entered into a senior secured facility with an undisclosed northern European bank, however, no further details on the deal were revealed. Nord Valiant, currently […]

  • Ocean Installer in GoM Subsea Deal with BP

    12 October 2015
    Operations & Maintenance, Project & Tenders

    Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years. Specific work scopes will be carried out under individual call-off contracts, […]

  • Oceaneering Adds to Its Board of Directors

    16 June 2016
    Business & Finance, Equipment

    Oceaneering has elected William B. Berry to its board of directors. Berry served as executive vice president, Exploration and Production, of ConocoPhillips from 2003 until his retirement on January 1, 2008. He currently serves on the boards of directors of Continental Resources, Inc. and Frank’s International N.V. Oceaneering’s chairman of the board, John R. Huff, stated: […]