10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Moody’s slashes oil price estimate for 2016

    22 January 2016

    Moody’s Investors Service has reduced its price estimates for Brent crude and West Texas Intermediate crude amid continued oversupply in the oil markets and the risk of additional supply from Iran. Moody’s has lowered its price estimate in 2016 for both Brent crude oil, the international benchmark, and West Texas Intermediate (WTI) crude, the North […]

  • PROS, DSIC Offshore to Extend Rigs Option

    8 April 2013
    Business & Finance

    Prospector Offshore Drilling S.A. announced today that Total E&P UK Limited has acknowledged, by letter, that the PROSPECTOR 1 shipyard delivery date will be delayed (reference to the announcement made on 14 February 2013) and has formally communicated that they do not currently intend to exercise their right to terminate the charter contract which was […]

  • Norway: Statoil Extends Surface Management Contract with AGR

    8 December 2011
    Business & Finance, Project & Tenders

    Statoil has exercised options in the current framework agreement with AGR Field Operations for surface management services. The extension has an estimated total value of NOK 60 million over a period of 12 months. This contract has an estimated value of 180 million including remaining options. AGR Field Operations will provide Surface Management services including […]

  • SKE makes another gas discovery offshore Malaysia

    3 September 2014

    SapuraKencana Energy (SKE) today announced another gas discovery from Bakong-1, the fifth and final well in its 2014 drilling campaign within the SK408 Production Sharing Contract (PSC) area, offshore Malaysia. Bakong-1 is a significant discovery with a gross gas column in excess of 600 metres in the primary target reservoir located within Late Miocene Carbonates. […]

  • Terasen Gas Submits Application to the BCUC to Provide Commercial Fuelling Services (Canada)

    8 December 2010

    Terasen Gas has applied to the British Columbia Utilities Commission (BCUC) to provide fuelling services through Terasen Gas owned and operated compressed natural gas (CNG) and liquefied natural gas (LNG) fuelling stations. If approved, commercial customers will be able to safely and economically refuel their fleet vehicles, such as buses and refuse trucks, on their […]

  • Atlantic Petroleum elects new three-person board

    1 May 2017
    Business & Finance

    Atlantic Petroleum, a Faroese oil and gas company with assets in the North Sea, has elected a three-person board of directors during its Annual General Meeting (AGM) held on April 28 in Torshavn, Faroe Islands. Atlantic Petroleum’s current board proposed that Charles Hendry, Birgir Durhuus, and Ben Arabo, the CEO of Atlantic Petroleum, be elected […]

  • Army Corps: Flood Fighting Efforts Underway (USA)

    29 April 2013
    Business & Finance

    Major General John Peabody, Commander of the Mississippi Valley Division and President of the Mississippi River Commission, describes water as “the perfect engine of destruction. If it finds a weak spot in your defenses, it will attack that weakness relentlessly.” Public safety is always the number one priority of the U.S. Army Corps of Engineers, […]

  • ION Awarded for NarwhalTM Ice Management Software (USA)

    7 February 2014
    Business & Finance, Equipment

    ION Geophysical Corporation announced that its new NarwhalTM for Ice Management software received a Spotlight on Arctic Technology award, to be presented at the Arctic Technology Conference in Houston on Monday, February 10. The Arctic Technology Conference (ATC) shines the spotlight on the latest innovations in the Arctic E&P industry with its annual event. A […]

  • Jadestone expands its stake in Australian offshore oil-producing fields

    14 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Jadestone Energy has set the wheels into motion to get additional interest in a project, encompassing oil-producing fields off Australia.

  • Alstom, WeserWind Hand Over Substation for Meerwind OWF

    14 April 2014
    Business & Finance, Equipment, Operations & Maintenance

    The consortium Alstom Grid and WeserWind GmbH have successfully handed over the substation for the Meerwind Süd and Meerwind Ost wind farms. The barge, carrying the 3,000 tonne platform and substation, sailed out on 2 April 2014 to the installation field near Helgoland, North Sea, Germany. The turnkey substation solution forms part of the Meerwind […]

  • Jadestone set to spud first Stag well in six years

    6 March 2019
    Exploration & Production

    Jadestone Energy plans to drill infill wells on its Stag and Montara assets both located offshore Western Australia with Stag well set to spud in March this year. 

  • Rolls-Royce Bridge Solution for Simon Møkster’s PSV (Norway)

    6 February 2013
    Business & Finance, Equipment

    Rolls-Royce, the global power systems company, today announced that an offshore vessel, currently under construction for Simon Møkster Shipping, will be the first in the world to feature the new highly innovative Rolls-Royce Unified Bridge solution – representing a step change in vessel operation. As offshore ships have become more technologically advanced and able to […]

  • OPEC boss: Oil demand set to grow in 2nd half of 2016

    8 August 2016

    The recently elected OPEC president Mohammed Bin Saleh Al-Sada expects to see an increase in oil demand for the remainder of the year. “Higher oil demand is expected in the 3rd and 4th quarters”, Al-Sada, which also serves as Qatar’s Minister of Energy and Industry said according to a brief released by OPEC. He said that, since February […]

  • BPZ brings another Corvina field well online (Peru)

    23 December 2014
    Project & Tenders

    BPZ Energy, an independent oil and gas exploration and production company, has started production from another Corvina well, offshore Peru. In its operational update, BPZ said that the Corvina CX15-14D development well was completed in early December. The well was drilled to a total measured depth of 7,845 feet and completed in six weeks. For […]

  • PTTEP to boost Malaysian energy supply following first gas from deepwater fields

    16 February 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    PTTEP has confirmed the start-up of gas production from the Rotan and Buluh fields off Malaysia, which will increase the domestic LNG production capacity

  • Statoil Presents Utgard Plans

    9 August 2016
    Business & Finance, Operations & Maintenance

    Statoil and its partners have submitted the plan for development and operation (PDO) and the field development plan (FDP) for the Utgard gas and condensate discovery in the North Sea to Norwegian and UK authorities. Recoverable reserves are estimated at 56.4 million barrels of oil equivalent, whereas capital expenditures are projected at about NOK 3.5 […]

  • GEOMAR Hosts Delegation from South Korea

    7 March 2016
    Business & Finance, Equipment, Research & Development

    The ambassador of South Korea to Germany, Kyung-soo Lee, has visited GEOMAR Helmholtz Centre for Ocean Research Kiel. For many years, marine research institutions of both countries have been working together very intensively. During his visit the ambassador underlined the importance of innovative marine research for the welfare of future generations. According to GEOMAR, Korea […]

  • Siemens, J–Power Systems Get NEMO LINK Contract

    8 June 2015
    Equipment, Operations & Maintenance, Project & Tenders

    NEMO LINK announced the two winning contractors who will build the first electricity interconnector between Great Britain and Belgium. They are Siemens and J–Power Systems, the Japan-based company, a subsidiary of Sumitomo Electric Industries, Ltd. The contracts are together valued at about €500m (USD556.4m). Siemens will build the converter stations in both Kent and Zeebrugge using their HVDC Plus technology and […]

  • USA: Port Manatee Harbor Deepening Study Slated for Funding

    6 March 2014
    Business & Finance, Equipment, Technology

    Port Manatee officials are encouraged that the Obama administration’s budget request for fiscal year 2015 includes full federal funding for the first study phase of deepening the federal channel and harbor area of Port Manatee, which is regarded as the closest U.S. deepwater seaport to the expanding Panama Canal. Manatee Harbor, near the Gulf of […]

  • ICS: Oil Tanker Ban on BC’s North Coast Is a Hindrance to International Maritime Trade

    28 February 2019
    Rules & Regulation

    Prohibiting large tankers on BC’s northern coast would interfere with international maritime trade.

  • Crystal Pool, Nordic Tankers to Merge Chemical Tanker Fleets

    5 November 2015
    Business & Finance

    London maritime shipping company Borealis Maritime Ltd and Nordic Tankers revealed today their plan to found a jointly held company, Crystal Nordic AS, specializing in the shortsea, ice class chemical tanker trade in the Baltic and North-Western European market. Crystal Nordic AS will be owned by Embarcadero Maritime and Nordic Tankers and it will take over the […]

  • Subsea 7 Showcases AIV at Subsea Australasia Conference

    23 February 2012
    Business & Finance, Equipment

    A groundbreaking new vehicle that will enable subsea inspection of remote and challenging locations in the offshore oil and gas industry, including areas under ice and areas damaged by hurricanes, will come under the microscope at the Subsea Australasia Conference. The Autonomous Inspection Vehicle (AIV) has been designed and built by Subsea7 and SeeByte Ltd […]

  • Cargo Ferry Clears Motorways, Protects Wallets

    21 April 2015

    Using LNG-fueled ships to carry containers that are currently transported on trucks for long distances to and from coastal Norwegian towns could lead to a 20% – 30% reduction in transportation costs, according to the results of a two-year Cargo Ferry project led by DNV GL, Shortsea Services and Marintek. The Cargo Ferry project report was presented in Oslo […]

  • Interim CEO picks up the reins at Petrobras while Bolsonaro’s candidate gets closer to taking over

    27 June 2022
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Petrobras has appointed an interim CEO, which is expected to spearhead the firm until a new CEO takes over the steering wheel.

  • Trelleborg Releases Whitepaper on FLNG Systems Integration Requirements

    10 October 2013

    Trelleborg has launched a new whitepaper and on-demand webinar for the Liquefied Natural Gas (LNG) sector, discussing the complexities of systems integration requirements in docking, mooring and transfer for the rapidly evolving FLNG market. Richard Hepworth, President of Trelleborg’s Marine Systems Business Unit, said: “With floating storage and regasification units (FSRUs) representing the majority of […]