10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Poland: PGNiG Finds Gas Shows at Komorze-3K Well

    25 July 2012

    FX Energy reported gas shows from the top level of the Rotliegend sandstones at the Company’s Komorze-3K well. The gas shows were observed on the mudlogging unit during coring of the interval from 3,971 to 3,985 meters. The planned operations for the well are to core and drill to a total depth of 4,075 meters, […]

  • Hoegh LNG Wins Tender for Lithuania FSRU

    23 January 2012
    Project & Tenders, Vessels

    Höegh LNG said today that it has been informed by AB Klaipedos Nafta that it has the winning tender offer for a new LNG floating storage and regasification unit in Lithuania. A mandatory standstill period according to the Law on Public Procurement of the Republic of Lithuania is now in force and will end at […]

  • Erin Energy inks agreement with Glencore for Oyo crude

    26 May 2015
    Business & Finance

    Erin Energy Corporation has agreed to heads of terms on a commercial agreement with an embedded prepayment element with Glencore Energy UK Ltd, a subsidiary of Glencore PLC. According to the press release, the offtake contract would allow Glencore to undertake the lifting of Oyo crude from the FPSO Armada Perdana for a minimum term […]

  • Gazprom and Siemens meet to extend cooperation

    28 March 2014
    Business & Finance, Equipment

    The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Joe Kaeser, President and CEO of Siemens. The meeting participants discussed the current state and development prospects for the partnership between the companies. It was pointed out that for more than 20 years of the cooperation the companies […]

  • NCLH to Construct New Pier at Alaska’s Icy Strait Point

    6 December 2018
    Business & Finance

    NCL signed a partnership deal to develop a second cruise pier in Icy Strait Point in Hoonah, Alaska.

  • McDermott signs long term EPCI agreement with Saudi Aramco

    7 July 2015
    Business & Finance

    McDermott International, Inc. has been selected by Saudi Aramco as one of the winners of a global competition for a new Long Term Agreement (LTA) for future brownfield work in various fields in offshore Saudi Arabia. The LTA, which was signed on June 10, 2015, at Saudi Aramco headquarters in Saudi Arabia, establishes the terms […]

  • Spectrum sees loss, lower revenues in 4Q

    12 February 2016

    Spectrum, a seismic services market player, has reported a loss of $5.5 million in the fourth quarter of 2015, versus a profit of $12 million in the same period in 2014.  The seismic company’s revenues for the fourth quarter 2015 were $42 million, a drop when compared to $48 million profit in the corresponding period of […]

  • Swiber nets its 2nd largest contract ever

    12 February 2015
    Business & Finance

    Singapore’s Swiber has won its second largest contract ever. The oilfield services provider has secured Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract worth approximately $310 million from a national oil company in South Asia. The project involves a full suite of EPCIC services for 8 new platforms and associated pipelines required for the development […]

  • Aegean Marine Nabs UAE Loan

    6 November 2015
    Business & Finance

    Greece-based bunker company Aegean Marine Petroleum Network Inc. has entered into a new $120 million credit facility for its wholly-owned subsidiary, Aegean Oil Terminal Corporation arranged by local United Arab Emirates banks. “With this new facility, we have established more favorable terms with lower margin and longer maturity dates than our 2013 Fujairah Credit Facility, […]

  • Korean Register Signs Agreement with Panama Maritime Authority (USA)

    11 September 2013
    Business & Finance

    The Korean Register (KR) – an IACS member classification society – has signed an MoU with the Panama Maritime Authority (PMA) to allow cooperation on technical research and to work together on a range of international activities. The MoU is specifically aimed at owners with Panamanian flagged vessels and will bring them a range of […]

  • Total sells stake in UK gas fields

    30 July 2015

    Total of France informed it has signed a deal to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P UK Limited for £565 million (around $876 million). “The sale of these minority interests is aligned with Total’s portfolio management strategy and […]

  • Mexico Pacific secures funds for Sonora LNG project

    23 October 2017

    Mexico Pacific Limited said that Aecom Capital’s Infrastructure fund pledged to invest in the development of its LNG liquefaction complex on the Gulf of California in Mexico.

  • Teekay, Shell sign charter deals for five LNG newbuilds

    4 December 2014
    Project & Tenders

    Teekay and Shell signed a time-charter contracts for five newbuild LNG carriers.

  • Total sells stake in UK gas fields

    30 July 2015

    Total of France informed it has signed a deal to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P UK Limited for £565 million (around $876 million). “The sale of these minority interests is aligned with Total’s portfolio management strategy and […]

  • Höegh LNG Upgrades Credit Facility to USD 412 Million

    14 April 2014
    Vessels

    Höegh LNG of Norway said it has upsized its USD 400 million senior secured credit facility. The company received commitment letters from a group of banks for a USD 400 million senior secured credit facility for the financing of FSRU #3 and FSRU #4. Höegh LNG has entered into a firm agreement for the financing […]

  • ExxonMobil Australia Names New Chairman

    3 June 2013

    Richard J. Owen has been appointed to the position of Chairman of the ExxonMobil Australia Group of Companies, based in Melbourne, Australia. Mr. Owen joined the Esso Company in Australia as an engineer in Sale and Sydney in 1983. Throughout his 30 year career with ExxonMobil, Mr. Owen has held senior technical and executive positions […]

  • China Bans Condensate, LNG Export to North Korea

    26 September 2017

    China has imposed a ban on the export of condensate oil and liquefied natural gas to North Korea taking effect on September 23, Chinese Ministry of Commerce said in a statement on Friday. Furthermore, a restriction was imposed on export of refined oil products to North Korea from October 1 and textile imports from the […]

  • Apache Approves Share Repurchase Plan

    16 May 2014

    The Board of Directors of Apache Corporation has authorized repurchasing an additional 10 million Apache common shares, supplementing the 30-million-share authorization announced in May 2013. Apache has purchased 24.3 million shares for approximately $2.1 billion under the prior authorization. “Apache’s portfolio has been rebalanced for predictable and profitable growth driven by our oil- and liquids-rich […]

  • NKT’s Borssele Beta Contract Share Valued at EUR 90 Million

    31 October 2017
    Business & Finance, Project & Tenders, Storage

    NKT’s part of the contract for Borssele Beta, won in a consortium with VBMS, is valued at approximately EUR 90 million. As reported earlier, the contract value for VBMS is approximately EUR 70 million.

  • Bladt Names Global Chief Sales Officer

    1 May 2019
    Human Capital

    Bladt Industries has appointed Nils Overgaard as Chief Sales Officer (CSO), who will be responsible for the company’s entire sales and business development. Overgaard will take the position on 1 May, with the current Vice President for Commercial & Sales Lars Bender continuing as part of his team. The new CSO will be responsible for a newly merged […]

  • New MOPU en route to Asian offshore oil field

    13 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Valeura Energy has confirmed that a new mobile offshore production unit (MOPU) is on its way to the Gulf of Thailand.

  • Lien on five rigs to secure Transocean’s $1.175 billion of senior secured notes due 2030

    18 January 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Transocean has kicked off a private offering of $1.175 bln of secured notes due in 2030 to cover the redemption of outstanding existing ones.

  • Petrofac sets net-zero and diversity targets

    11 August 2020
    Business Developments & Projects, Human Capital, Outlook & Strategy, Vision

    Oilfield services provider Petrofac has made a commitment to reach net-zero in Scope 1 and 2 emissions by 2030. The company has also set diversity targets.

  • Schlumberger Launches Reservoir Mapping Service GeoSphere

    19 May 2014
    Business & Finance, Equipment

    Schlumberger has announced the introduction of the GeoSphere reservoir mapping-while-drilling service. The new technology reveals features in subsurface beddings and fluid contacts at the reservoir scale to optimize well landing operations, steering capabilities and mapping of multiple boundaries using new deep-directional resistivity measurements enabled by proprietary real-time interpretation techniques. “With GeoSphere technology, Schlumberger is introducing […]

  • Belgium: Technological Advances Bring Pan-European Electricity Grid Closer to Reality, EWEA Says

    17 March 2013
    Storage, Technology

    Recent technological advances by leading engineering companies to improve the integration of renewable energy, especially wind energy, within Europe’s power grid by 2020, will bring a pan-European electricity grid closer to reality. Last year, the Swiss-based engineering company ABB announced the development of the world’s first circuit breaker for high voltage direct current (HVDC). “This […]