10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Wartsila and Jiangsu CuiXing Marine Form Joint Venture for Manufacturing M-S Engines in China

    29 June 2011

    Wärtsilä and Jiangsu CuiXing Marine Offshore Engineering Co. Ltd. have agreed to establish a joint venture for manufacturing Wärtsilä 26 and Wärtsilä 32 medium-speed marine engines in China. The agreement was signed today in Nantong, China. The value of Wärtsilä’s investment in the joint venture is EUR 16 million. Wärtsilä’s share of the joint venture […]

  • TUI picks Fincantieri for Marella Cruises’ first-ever newbuilds

    1 April 2025
    Infrastructure, Vessels

    German cruise company TUI AG has signed a memorandum of agreement (MoA) with Italian shipbuilder Fincantieri for the design and construction of two new eco-friendly cruise ships for the Marella Cruises brand.

  • Hitachi Energy and Equinor form energy transition pact

    8 November 2022
    Environment

    Hitachi Energy and Equinor have signed a strategic agreement to collaborate within electrification, renewable power generation, and low-carbon initiatives worldwide. Initial areas of focus for the collaboration include developing standardized base designs to be applied for high-voltage direct current (DC) and alternating current (AC) transmission systems to connect offshore wind farms and Equinor production facilities […]

  • Alstom Presents 1.4MW Tidal Turbine

    1 October 2014
    Technology

    Alstom has improved the design of its 1 MW tidal stream turbine and now offers the Oceade™ 18 – 1.4 MW: a turbine even more efficient, cost-effective and easy to maintain. With a rotor diameter of 18 metres, the Oceade tidal stream turbine has a nominal power of 1.4MW and three variable pitching blades. It is […]

  • Wartsila divests QMD 2-stroke JV shares

    24 July 2014

    Wärtsilä plans to divest its shares in the Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co. Ltd (QMD), the joint venture company established for manufacturing large low-speed marine diesel engines. Wärtsilä’s shares in the joint venture will be transferred to the current majority shareholder, Qingdao Qiyao Linshan Power Development Co Ltd, a company fully owned by […]

  • Equinor and partners to improve North Sea field recovery with $345 million investment

    22 December 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent.

  • Shell to elect two new board members

    9 March 2017
    Business & Finance

    Oil giant Royal Dutch Shell will propose the appointment of Catherine Hughes and Roberto Setubal as non-executive directors at the 2017 Annual General Meeting (AGM). Shell said on Thursday that the appointments of Hughes and Setubal, if approved, would be effective from June 1 and October 1, 2017, respectively. Chad Holiday, chairman of Royal Dutch […]

  • Deep Down adds fund managers to its board of directors

    16 April 2019
    Business & Finance

    Deep Down, a Houston-based specialist in deepwater oil and gas distribution equipment and services, has appointed new members to the company’s board of directors.

  • Norway: Unanet to Manage Hydroid Projects

    19 July 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    Unanet Technologies, the leading provider of cloud-based and on-premise software that helps project-based businesses improve visibility into project work and resource management, has been selected by Hydroid, Inc., a wholly owned subsidiary of Kongsberg Maritime, and the leading manufacturer of advanced, innovative, Autonomous Underwater Vehicles, to support their project based organization. REMUS is an acronym […]

  • Sovcomflot Sees Constant Profit Increase

    18 November 2015
    Business & Finance

    Russia’s energy shipping specialist PAO Sovcomflot (SCF) has posted a net profit of USD 298.8 million for the nine months ended September 30, an increase of 174 percent compared to USD 109.1 million net profit for the same period last year, driven mostly by booming crude oil/products tanker market, and long-term LNG charters. The company also reported a […]

  • ABS, OceanFinance and SSLC join forces introducing space tech to LNG shipping

    9 November 2018
    Equipment, Research & Development

    US-based classification society ABS has teamed up with OceanFinance and Scorpius Space Launch Company (SSLC) on the SPACE TECH4SEA project to adapt composite technologies developed for the space industry to liquefied natural gas (LNG) shipping. The project, attracting more than 1 million euro ($1.13m) grant funding from the European Commission, aims to apply composite technology, which […]

  • MR2 Newbuild Pair Handed Over to OSG

    2 October 2019
    Business & Finance

    Overseas Shipholding Group takes delivery of two 50,000 dwt product and chemical tankers in Korea.

  • Semco Maritime to upgrade accommodation rig for UK gig

    28 May 2018
    Business & Finance, Exploration & Production

     Semco Maritime has been chosen to prepare an accommodation rig for a new assignment for Maersk Oil in the UK sector.

  • South Pars phases 15, 16 set for launch in November

    26 October 2015
    Project & Tenders

    Iran is planning to officially launch phases 15 and 16 of the large South Pars gas field in early November. Roknoddin Javadi, the deputy oil minister and managing director of the National Iranian Gas Company (NIGC), said his company was trying to bring part of the South Pars phases 19 to 21 on-stream before the […]

  • Report: EU to hit Turkey with sanctions over Cyprus drilling?

    11 July 2019
    Exploration & Production

    The European Union is reportedly preparing to hit Turkey with sanctions over the country’s drilling operations in the contested waters offshore Cyprus.

  • Petrobras confirms leadership changes

    8 February 2015

    Brazilian oil giant Petrobras now has new leadership. The company late Friday said that its Board approved the election of Aldemir Bendine as CEO of Petrobras replacing Maria das Graças Silva Foster, who resigned last week.  Five other executives also resigned, in a move described as an attempt to repair the company’s bad image caused by […]

  • Six major LNG projects to watch in West Africa

    26 May 2022
    Business Developments & Projects, Project & Tenders

    African investment platform for the energy sector Energy Capital & Power has listed six key capital expenditure LNG project developments to watch in West Africa.

  • BP’s fourth subsea gas project is a go as new discovery springs up in Trinidad and Tobago

    2 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has found more gas and taken a final investment decision (FID) for a natural gas project off Trinidad’s southeast coast.

  • Russia: Sovcomflot Successful in Exxon Neftegas Supply Vessel Tender

    20 December 2010
    Business & Finance, Project & Tenders

    On 16 December 2010 in Moscow, the Sovcomflot (SCF) Group of companies and Exxon Neftegas Limited (a subsidiary of ExxonMobil) signed long-term agreements for two icebreaking supply vessels to service the oil platform at the Sakhalin-1 Project Arkutun-Dagi offshore oil field. The official signing ceremony, which took place in Moscow’s Kremlin, was attended by the […]

  • Statkraft halts new green hydrogen projects citing market uncertainty

    9 May 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development

    Norwegian renewable energy supplier Statkraft has decided to halt new green hydrogen developments, citing increased uncertainty in the market.

  • After delivering converted FPSO to MODEC, Seatrium gets its hands on refinancing of over $303 million

    29 December 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Seatrium has secured early refinancing of S$400 million (more than $303.13 million) from DBS Bank Limited with an option to convert to a sustainability-linked loan.

  • Germany: Tognum Researches Diesel and Gas Engines at SKL

    15 July 2011

      Tognum, the specialist for propulsion and power solutions is conducting research on diesel and gas engines of the future at its `SKL Motor´ subsidiary in Magdeburg. Saxony-Anhalt‘s Minister-President Dr. Reiner Haseloff today presided over a symbolic ceremony at which four new single-cylinder test stands went into operation. The facilities will be used by the […]

  • TechnipFMC to take over Island Offshore’s subsea unit

    2 February 2018
    Business & Finance

    TechnipFMC has signed an agreement with the Island Offshore group to acquire a 51% stake in Island Offshore’s subsidiary, Island Offshore Subsea.

  • Transocean to Sell 38 Rigs for $1.05 Billion

    10 September 2012
    Business & Finance

    Transocean Ltd. announced today that the company has reached definitive agreements to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. (“Shelf Drilling”) for approximately $1.05 billion. Shelf Drilling is a newly formed company sponsored equally by Castle Harlan, Inc., CHAMP Private Equity and Lime Rock Partners. The sales price includes approximately […]

  • Semco Maritime to add new accommodation blocks on ‘Maersk Guardian’

    14 December 2015
    Business & Finance, Exploration & Production

    Semco Maritime has entered into an agreement with Maersk Drilling for the expansion of accommodation rig Maersk Guardian, which will be inserted at various fields in the Danish part of the North Sea from September 2016. The company says that the DKK three-digit million order comprises installation of new accommodation blocks as a supplement to […]