10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Encana Logs Net Loss, Canada

    23 April 2013

    In the first quarter of 2013 Encana achieved significant milestones in a number of its oil and liquids-rich natural gas plays including strong well results from the Duvernay and Peace River Arch plays and confirmation of the commerciality of its San Juan play. Solid operational performance resulted in a 48 percent increase in oil and […]

  • U.S. Interior Department Releases OCS 5-Year Leasing Plan

    9 November 2011

    Secretary of the Interior Ken Salazar today announced the Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017, which makes more than 75 percent of undiscovered technically recoverable oil and gas resources estimated in federal offshore areas available for exploration and development. The Proposed Program, which is in line with President Obama’s […]

  • Azerbaijan: New Shipyard in Baku Officially Opened

    20 September 2013
    Business & Finance

    A new shipbuilding yard that is jointly developed by Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC) was officially opened this morning by President of Azerbaijan, H.E. Ilham Aliyev. Singapore’s Senior Minister of State for Trade and Industry, Mr Lee Yi Shyan, also attended […]

  • China: Keppel Nantong Wins USD 143 million Contract to Build Heavy Lift Crane Vessel

    13 September 2011

    Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a contract worth S$143 million to build a heavy lift sheerleg crane vessel for Asian Lift Pte Ltd (Asian Lift). Scheduled to be completed in 3Q 2013, the 5,000-tonne floating crane will be […]

  • Norway: Statoil Wins IOR Award

    29 August 2012

    The sub-surface team on the Oseberg field has been awarded the Norwegian Petroleum Directorate’s prize for improved oil recovery (IOR) for its work in increasing recovery by means of gas injection. The Norwegian Petroleum Directorate gives credit to the Oseberg specialists for their thorough efforts over many years to boost the value added by the […]

  • Cameroon: Mbalam Project MOU with China Harbour Engineering Company Ltd

    14 September 2010

    China Harbour Engineering Company Ltd (“CHEC’’) and Sundance Resources Ltd (“Sundance”) are pleased to announce that they have entered into a Memorandum of Understanding (“MOU”) to establish the scope, cost and delivery programme for the proposed bulk materials port at Lolabe, Republic of Cameroon. The Port is needed to support Sundance’s Mbalam Project in Cameroon […]

  • McDermott Buys DeepSea (UK)

    14 March 2013
    Business & Finance

    McDermott International, Inc. has acquired all of the outstanding shares of the DeepSea operating companies. Terms of the purchase are not being disclosed. Headquartered in London, England, with engineering offices in Houston, Europe and Asia Pacific, DeepSea’s specialty services encompass subsea engineering and project management and extend from the wellhead to fixed, floating or shore-based […]

  • Senegal renames its first offshore oil development

    19 November 2019

    The Government of Senegal has decided to rename the country’s first offshore oil development, the SNE field, to the Sangomar field.

  • USA: Vantage Drilling Enters LOI for Sapphire Driller; Announces Jackup Fleet Update

    12 January 2011
    Business & Finance

    Vantage Drilling Company announced today that it has entered into a letter of intent for the Sapphire Driller, subject to final customer approval for a three well drilling program in West Africa, with an option for a fourth well. The anticipated duration of the contract is for four months with operations commencing as soon as […]

  • China: Keppel Offshore & Marine to Build Heavy Lift Sheerleg Crane Vessel for Asian Lift

    13 September 2011
    Business & Finance

    Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a contract worth S$143 million to build a heavy lift sheerleg crane vessel for Asian Lift Pte Ltd (Asian Lift). Scheduled to be completed in 3Q 2013, the 5,000-tonne floating crane will be […]

  • Louisiana to build deepwater rig repair and refurbishment facility

    30 September 2016

    Offshore drillers doing business in the U.S. Gulf of Mexico might soon – well, soonish – have a ‘nearby’ deepwater port where they will be able to have their drilling rigs repaired and spruced up at a lower cost. Namely, Louisiana’s Greater Lafourche Port Commission (GLPC) is pressing ahead with developing what has been described […]

  • Fosun buys ROC

    17 November 2014
    Business & Finance

    Fosun International Limited has informed that its wholly-owned subsidiary Transcendent Resources has closed the acquisition of Roc Oil Company Limited (ROC), one of Australia’s independent upstream oil and gas companies, acquiring 92.6% of ROC’s outstanding share capital. ROC is an Australian independent upstream oil and gas exploration, development and production company with a significant presence and experienced […]

  • More Investment Needed, Says APM Terminals

    5 September 2014
    Business & Finance, Equipment, Technology

    Speaking at the Trade Americas & ConnectAmericas Expo: Building the Americas conference in Miami, APM Terminals Vice President and Chief Financial Officer Christian Moller Laursen observed that economic and population growth rate projections for Latin America have not yet been matched by the port and transportation infrastructure investment needed to accommodate the increased logistics and […]

  • Update: Wärtsilä Divests Its Shares in QMD JV

    24 July 2014
    Business & Finance

    Wärtsilä has made 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 […]

  • COPL, Shoreline create JV focused on Africa

    26 February 2015
    Business & Finance

    Canadian Overseas Petroleum Limited has announced details of the joint venture partnership it has entered into with Shoreline Energy International Limited (Shoreline), a conglomerate with interests across sub-Saharan Africa including interests in oil & gas and power generation.  In line with the company’s stated strategy to diversify and balance its asset portfolio, the partnership with […]

  • Statoil’s Oseberg Team Wins IOR Prize

    29 August 2012
    Business & Finance

    The sub-surface team on the Oseberg field has been awarded the Norwegian Petroleum Directorate’s prize for improved oil recovery (IOR) for its work in increasing recovery by means of gas injection. The Norwegian Petroleum Directorate gives credit to the Oseberg specialists for their thorough efforts over many years to boost the value added by the […]

  • Gate LNG terminal inks financing deal for break bulk facility

    31 October 2014
    Project & Tenders

    Dutch Gate LNG terminal has signed a financing agreement with the European Investment Bank.

  • ​NTU to integrate renewable energy sources in one system

    28 October 2016
    Research & Development

    Nanyang Technological University (NTU Singapore) is building an offshore system that will integrate multiple renewable energy sources such as solar, wind, tidal, diesel, and power-to-gas technologies.

  • SBM Offshore to build its largest producing unit ever for ExxonMobil

    17 November 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    SBM Offshore has been awarded contracts to perform FEED for an FPSO for the Yellowtail development project offshore Guyana.

  • WHOI Welcomes RV Neil Armstrong

    8 April 2016
    Business & Finance, Operations & Maintenance, Research & Development

    The research vessel Neil Armstrong arrived to its home port for the first time at the Woods Hole Oceanographic Institution (WHOI) dock Wednesday, escorted by the WHOI coastal research vessel R/V Tioga, two Coast Guard boats and fireboats from neighboring towns. “What a wonderful day for Woods Hole, for the Commonwealth of Massachusetts, for Woods Hole […]

  • Qatargas rebrands to spotlight LNG’s ‘critical’ role in energy security and low-carbon transition

    14 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    Qatargas has changed its name to reflect its future vision and strategy for the country’s liquefied natural gas (LNG) sector.

  • USA: KBR Announces $0.62 Earnings Per Diluted Share for Third Quarter 2010 Results

    28 October 2010
    Business & Finance

    KBR  announced today that third quarter 2010 net income attributable to KBR was $97 million, or $0.62 per diluted share, compared to net income attributable to KBR of $73 million, or $0.45 per diluted share, in the third quarter of 2009. Consolidated revenue in the third quarter of 2010 was $2.5 billion compared to $2.8 […]

  • Shell to Shut in Auger Platform to Complete Tie-in at Cardamom Field

    18 July 2013
    Business & Finance, Operations & Maintenance

    Nearly two decades after setting a world water-depth record for drilling and production, Shell’s Auger tension-leg platform is still playing a central and innovative role in the company’s deep water Gulf of Mexico portfolio – currently producing some 55,000 barrels oil equivalent (boe) per day (Shell share ~30,000 boe per day), and acting in the […]

  • Westwood buys RigLogix

    28 February 2018
    Business & Finance, Equipment, Exploration & Production

    Oil and gas industry intelligence group Westwood has acquired RigLogix, an offshore rig market data specialist, from DHI Group, Inc (NYSE: DHX). Andrew Reid, CEO of Westwood Global Energy Group said on Wednesday: “With the acquisition of RigLogix we inherit a strong, global team and capability, which is highly complementary to the wider Westwood Group […]

  • Maersk Drilling brings another jack-up back into operation

    21 June 2017
    Business & Finance, Exploration & Production

    Danish offshore driller Maersk Drilling has been awarded a contract for the jack-up Maersk Resolve by Wintershall. The rig has been warm-stacked since the end of 2016.  The one-well contract will have a duration of approximately 86 days, with further options included, Maersk Drilling reported on Wednesday. Michael Reimer Mortensen, Vice President and Head of […]