10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Gudrun Lifted into Place (Norway)

    19 July 2013
    Business & Finance, Equipment, Project & Tenders

    A mere 25 hours after the deck for the Gudrun platform left Aibel’s shipyard in Haugesund, the deck had been lifted into place on the steel undercarriage in the North Sea. “The operation has been safe and efficient with favourable sea conditions,” says Øyvind Haugsdal, transport and installation manager for the Gudrun project. He has […]

  • Eaton Aims to Grow its Business in Offshore E&P in Norway

    25 May 2012

    Eaton Corporation yesterday held a Technology Day in Oslo to showcase its wide range of electro-hydraulic systems and products for the oil and gas sector, targeting exploration and production (E&P) companies operating in Norwegian waters. A global diversified industrial manufacturer, Eaton is engaged in a major global sales and marketing drive to grow its business […]

  • Genco and Baltic Trading Sign Merger Agreement

    8 April 2015
    Business & Finance

    Dry bulk specialists Genco Shipping & Trading Limited and its subsidiary Baltic Trading Limited have entered into a definitive merger agreement under which Genco will acquire Baltic Trading in a stock-for-stock transaction. The new company will own a combined fleet of 70 dry bulk vessels with an average age of 8.8 years and an aggregate carrying capacity […]

  • WWEC 2012 Opens in Germany

    4 July 2012

    The 11th World Wind Energy Conference 2012 (WWEC 2012) has been opened officially yesterday in the World Conference Center in Bonn. The three-day conference will comprise 200 presentations in 40 sessions, with experts from 50 countries, and from all continents. The speeches will cover all aspects of wind power utilization, with a special focus on […]

  • EU backs Dutch hydrogen innovator Battolyser Systems with €40 million

    12 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Regulation & Policy

    Supported by a guarantee from the InvestEU Fund, the European Investment Bank (EIB) has signed a €40 million financing deal with Dutch hydrogen innovator Battolyser Systems. According to EIB, the financing will enable Battolyser to scale its production facility in Rotterdam towards mass production of its combined electricity storage and electrolyzer stack system. Battolyser Systems […]

  • EU approves Polish € 22.5 billion offshore wind CfD scheme

    20 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy

    The European Commission has approved Polish offshore wind Contracts for Difference (CfD) scheme, through which the country plans to support the realisation of offshore wind projects with € 22.5 billion and reach its renewable energy targets without unduly distorting competition. The CfD scheme, which the Commission approved under EU State aid rules, will be implemented […]

  • Raytheon to Provide Ship Self-Defense System for US Navy

    6 November 2012
    Business & Finance

    Raytheon Company has been awarded a $22.5 million U.S. Navy contract for the Ship Self-Defense System. With this award, Raytheon will continue system development, test and integration, as well as Platform Systems Engineering Agent (PSEA) services and support for fleet-deployed systems. SSDS is an open, distributed combat management system in service on carriers and amphibious […]

  • Brazil: Keppel Secures USD 200 Mln Worth FPSO Contract

    11 July 2012
    Business & Finance

    Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, has secured a contract worth approximately US$200 million from MODEC and Toyo Offshore Production Systems Pte Ltd (MTOPS), a joint-venture company established in Singapore by Toyo Engineering Corporation (TOYO) and MODEC, Inc. The contract is for the fabrication and integration of topside […]

  • SPE launches new offshore drilling seminar

    16 September 2014
    Business & Finance

    The Society of Petroleum Engineers (SPE) Aberdeen has added a brand new UK-first event to its 2014-15 session, specifically targeted to the oil and gas drilling sector. ‘Drilling Automation – do I need some too?’ is a full day event which will take place on 2 October at Aberdeen Exhibition and Conference Centre. The event […]

  • Japanese firms draw up plan for development of Guyana’s oil industry

    5 March 2018

    The government of Guyana is reviewing an ‘Oil and Gas Master Plan’ for Guyana, which was developed and submitted by Mitsubishi Corporation and Chiyoda Corporation in collaboration with the government of Japan.

  • McDermott, CB&I find ways to save $250 million as merger vote approaches

    12 April 2018
    Business & Finance

    McDermott and CB&I have found ways to save $250 million ahead of its pending merger, including eliminating the perks and reducing board of directors costs.

  • Wind Lifts DONG Energy, IPO Within a Year

    27 April 2016
    Business & Finance

    DONG Energy has ended the first quarter of 2016 with DKK 5.2 billion (EUR 699 million) net profit, a 49% increase compared to DKK 3.5bn net profit recorded in the first quarter of 2015, mainly attributed to a strong performance in the Danish energy company’s Wind Power sector. Earnings before interest, taxes, depreciation and amortization […]

  • Cott Eyes FLNG Solution for Pandora Gas Field

    12 March 2014
    Project & Tenders, Vessels

    Cott Oil and Gas said that it has received an Expression of Interest (EOI) from Wison Offshore and Marine in supporting the development of the Pandora Gas Field, in which Cott has a 40% interest, with a floating LNG. Cott has engaged Wison to deliver a concept study for an FLNG that would be suitable […]

  • Shell sanctions its 7th North Sea project of 2018 – Shearwater gas hub

    10 December 2018

    Shell has made the final investment decision (FID) for a Shearwater gas infrastructure hub in the central North Sea, marking, Shell says, the company’s seventh FID for Shell in the UK North Sea in 2018.

  • Shah Deniz Stage 2 Fabrication Contracts Awarded

    11 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    The Shah Deniz consortium informed that the Stage 2 project continues to progress on schedule with further major construction and supply contracts recently awarded. The contract for the fabrication of the jackets for the two planned offshore platforms, pin piles and subsea structures has been awarded to the consortium consisting of BOS Shelf LLC, Saipem […]

  • Production Starts from Breagh Gas Field (UK)

    14 October 2013
    Business & Finance, Project & Tenders

    RWE Dea UK has started gas production from the Breagh gas field located in the UK Southern North Sea. The first three wells brought into production had an initial total flow rate of 2.75 million cubic metres of gas per day. Total reserves of the Breagh field are estimated at approximately 19.8 billion cubic metres. […]

  • Thailand: PTTEP 3Q Profit Down

    27 October 2011
    Business & Finance

    PTT Exploration and Production Public Company Limited (PTTEP) had an operating result of the third quarter of this year close to the result of the previous quarter. The company made due preparations to deliver first natural gas from Bongkot South Field and crude oil from Montara Field next year while an increase of crude oil […]

  • Westport, General Motors Sign Deal to Research Advanced Gas Engine Technology (Canada)

    28 June 2011

    Westport Innovations Inc., a global leader in alternative fuel, low-emissions transportation technologies, today announced that it has entered into an agreement with General Motors to help develop advanced natural gas engine technology. Both General Motors and Westport will bring their extensive expertise to develop natural gas engine controls, emissions and performance strategies. “We are excited […]

  • Vestas’ 3rd Offshore Wind Farm Opening in Just One Year (Denmark)

    13 December 2010

    As Belwind nv celebrates the opening of Bligh Bank Offshore Wind Farm today, Vestas marks this its third offshore wind farm inauguration this year. As the pioneers of offshore wind Vestas once again makes its mark on the industry by opening a record three offshore wind farms in one year. 2010 has brought along the […]

  • SABRE consortium win ABS AiP for ammonia bunkering vessel design

    17 May 2022
    Business Developments & Projects, Certification & Classification, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy, Vessels

    The SABRE consortium has received approval in principle (AIP) from the US classification society ABS for an ammonia bunkering vessel design.

  • ‘Pacific Gannet’ PSV named in Japan

    15 September 2014
    Business & Finance

    The platform supply vessel is the first of 10 G Class PSV vessels that SPO has commissioned JMU to build over the next three years.

  • GL Introduces C-Dragon Container Vessel Concept

    6 June 2013

    The importance of Intra-Asian trade routes continues to grow as the region’s economies continue to expand. Asian container traffic, in particular, is projected to be the fastest growing sector in the world for the next several years. In response to this Germanischer Lloyd (GL) has developed a novel container vessel design concept for this region: […]

  • Statoil to drill more exploration wells in 2017

    4 January 2017

    Norwegian state-owned oil giant Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30 percent compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS), Statoil said on Wednesday. “Taking advantage of our own improvements and changed market conditions, we have been […]

  • Norwegian Cruise Line Ends Year on a High Note

    24 February 2016
    Business & Finance

    Norwegian Cruise Line Holdings Ltd. has reported thirtieth consecutive quarter of adjusted EBITDA growth thus closing a pretty successful year. The company generated adjusted net income of USD 117.3 million in the Q4, compared to USD 77.6 million in the prior year. On a GAAP basis, net income was USD 38.3 million, compared to a loss of […]

  • Weak Market Conditions Impact PGS’ Performance in Q2

    23 July 2015
    Business & Finance, Operations & Maintenance

    Petroleum Geo-Services’ (PGS) marine contract revenues and margin were negatively impacted by the weak market conditions and slightly more idle time than expected in the quarter. The company reported revenues of $255.8 million, compared to $337.0 million in Q2 2014. In Q2 2015, revenues for PGS decreased $81.2 million, or 24%, compared to Q2 2014. […]