10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • No hydrocarbons for TotalEnergies offshore Namibia

    28 April 2025
    Business Developments & Projects, Exploration & Production

    An exploration well in Namibia’s Orange Basin operated by France’s energy giant TotalEnergies has yielded no hydrocarbons.

  • ExxonMobil greenlights its $12.7 billion oil project offshore Guyana and firms up FPSO deal with SBM Offshore

    12 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    ExxonMobil has decided to move forward with the development of its sixth deepwater oil project on the Stabroek block off the coast of Guyana.

  • Tullow Buys Interest in Cooper Block, Plans to Carry Out Enlarged 3D Seismic Program

    18 July 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Eco (Atlantic) Oil & Gas Ltd. announces that it has executed a Farm-out agreement with Tullow Kudu Limited, a wholly owned subsidiary of Tullow Oil plc., pursuant to which Tullow has agreed to acquire up to a 40% working interest in Block 2012A, situated in the Walvis Basin, offshore Namibia (the “Cooper Block”). This Farm-In, […]

  • McDermott details decommissioning win with Woodside

    10 July 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    McDermott has revealed details about an offshore decommissioning contract it secured with Woodside Energy in May for work to be carried out in Western Australia. McDermott announced on 10 July that it had secured an engineering, procurement, and removal contract with the Australian energy giant for the full removal of the Stybarrow disconnectable turret mooring […]

  • Shell collects $7.7 billion in profit against backdrop of lower energy prices

    2 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has made strides in the pursuit of its strategy, which aims to bring more energy to the fore with a reduced emissions footprint.

  • Overhauled MeyGen turbines to be redeployed in single offshore operation

    30 August 2021
    Business Developments & Projects, Equipment, Operations & Maintenance, Outlook & Strategy, Technology

    SIMEC Atlantis Energy has retrieved two tidal turbines from its flagship MeyGen tidal energy project for maintenance operation, currently being performed at Nigg Energy Park in Scotland.

  • TORM Restructures

    14 July 2015
    Business & Finance

    Danish shipping company TORM has wrapped up its comprehensive restructuring process, recapitalizing its balance sheet, by reducing the existing debt worth up to USD 561 million. The restructuring was carried out by way of a lender debt writedown to current asset values against the issuance of warrants and a subsequent optional exchange of debt to equity. As […]

  • Höegh Autoliners to run 5pct of its deep-sea operations on green ammonia or methanol by 2030

    29 September 2022
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels, Vision

     Norwegian RoRo shipping company Höegh Autoliners has committed to using either green ammonia or green methanol in at least 5 % of its deep sea operations by 2030, the company announced. The plan was revealed as the company joins the First Movers Coalition (FMC), which targets hard-to-abate sectors including aluminium, aviation, chemicals, concrete, shipping, steel, and […]

  • Seadrill rigs secure more Gulf of Mexico work

    26 April 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Offshore drilling contractor Seadrill has secured new contract awards for two of its rigs with a total value of $105 million.

  • Canada: WHOI Gets Grant for Seafloor Earthquake Observatory at Cascadia Fault

    5 February 2012
    Business & Finance, Equipment, Operations & Maintenance

    One of the most dangerous faults in North America is the Pacific Northwest’s Cascadia fault – an offshore, subduction zone fault capable of producing a magnitude 9 earthquake that would damage Portland, Tacoma, Seattle, and Victoria, British Columbia, and generate a large tsunami. Yet there are currently no instruments installed offshore, directly above the fault, […]

  • Galp looking for new leader as CEO steps down ‘for family reasons’

    8 January 2025
    Business Developments & Projects, Human Capital, Outlook & Strategy

    Chief Executive Officer (CEO) and Vice-president of the board of directors of Portugal’s oil and gas company Galp has tendered his resignation from both positions.

  • Work Starts on IOX Cable System

    26 October 2017
    Equipment, Operations & Maintenance

    IOX Cable and Alcatel Submarine Networks have started work for cable route survey for the IOX Cable System, which will span more than 8,850 kilometers. Arunachalam Kandasamy, founder and CEO of IOX Cable said: “We at IOX are pleased to announce the commencement of work on the IOX Cable System. The contract is in force […]

  • Sen. Landrieu pushing for additional funds for Calcasieu Ship Channel dredging

    22 October 2014

    After the Lake Charles River Pilots said that the draft of the Calcasieu Ship Channel will be reduced because of insufficient funding to dredge the channel, U.S. Senator Mary L. Landrieu, pressed the Administration to invest more in U.S. waterways. The channel will be reduced from 40 feet to 39 feet for ships with beams of […]

  • Vattenfall gets all clear to build 1.8 GW Norfolk Vanguard

    2 July 2020
    Authorities & Government, Business Developments & Projects, Regulation & Policy

    The UK’s Secretary of State for Business, Energy, and Industrial Strategy (BEIS) has awarded development consent for Vattenfall’s application to build the 1.8 GW Norfolk Vanguard offshore wind farm. ”This decision justifies the confidence that we have in the offshore wind sector in Britain, and we’re looking forward to developing the project and benefiting the […]

  • Petrofac to Support EnQuest’s North Sea Assets in Next Ten Years

    28 May 2014
    Business & Finance, Project & Tenders

    Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to ten years. The contract, worth an estimated $630 million, supersedes an initial five year contract awarded to Petrofac in 2013. It supports 300 offshore and onshore jobs, and will see Petrofac continue to provide […]

  • USA: Marathon Oil Sets 2012 Capital Budget at USD 4.822 Billion

    7 December 2011

    Marathon Oil Corporation announced today a $4.822 billion capital, investment and exploration budget for 2012, approximately 65 percent of which is targeted to the Company’s liquids-rich, growth assets. “Our 2012 capital budget of $4.8 billion highlights our continued focus on the liquids-rich U.S. resource plays that will provide the greatest amount of the Company’s projected […]

  • Statoil Farms Into BP’s Blocks Offshore Southern Australia

    14 May 2013
    Business & Finance

    Norway’s oil company Statoil has signed a farm-in agreement with BP, acquiring a 30 percent equity share in four exploration licences offshore South Australia. “With this agreement we gain access to a vast, underexplored area with high-impact potential,” says Pål Haremo, senior vice president for Global new ventures in Exploration. “This is in line with […]

  • Altus Intervention Bags Wireline Service Deals with TIOS

    8 July 2019
    Operations & Maintenance, Project & Tenders

    Altus Intervention has secured contracts with TechnipFMC Island Offshore Subsea (TIOS), a TechnipFMC and Island Offshore company, for the provision of wireline services across three of their vessels. The vessels include Island Constructor, Island Frontier and Island Wellserver. The contract duration is for three years with option of further two times one year extension, Altus […]

  • Helix gets decommissioning extension at rates reflecting improved well intervention market

    7 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in direct continuation of the current […]

  • Norwegian fishing vessel hired for survey services

    13 March 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Vessels

    Norway’s Ross Offshore has entered into an agreement with compatriot Teige Gruppen for the charter of the fishing vessel Sunny Lady for survey services. The agreement will initially consist of a charter for this summer where the vessel will be used to carry out several work assignments for Ross Offshore, however, the parties plan for […]

  • PGS wins first offshore wind contract

    25 January 2023
    Project & Tenders, Transition

    Norwegian marine geophysical company PGS has been awarded its first ultra-high resolution wind farm site characterization project, marking its entry into what the company described as ”a strategically important new energy market.” The survey will cover two European wind farm sites, both of which are in the development phase. PGS will mobilize a 3D vessel […]

  • Chevron expects growth despite oil price drop

    10 March 2015

    Chevron Corporation executives, at the company’s annual security analyst meeting in New York, expressed confidence in the long-term energy business and highlighted its growth outlook through 2017.

  • ABB to Upgrade First HVDC Subsea Link Between Sweden and Denmark

    12 July 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    ABB has won an order worth around $30 million from Svenska Kraftnät in Sweden and Energinet in Denmark. ABB will upgrade the control and protection system for the Konti-Skan high-voltage direct current (HVDC) transmission link with its latest ABB Ability MACH technology. The Konti-Skan transmission link was built 52 years ago as the first interconnection […]

  • USA: Helix Encounters Oil in Deepwater Gulf of Mexico

    17 July 2012
    Business & Finance

    Helix Energy Solutions Group announced an oil discovery at the Danny II exploration well at the Bushwood Field located in Garden Banks Block 506, approximately 145 miles offshore from Galveston, Texas. The Danny II exploration well encountered more than 70 feet of high quality net pay. Johnny Edwards, President of Energy Resource Technology GOM (ERT), […]

  • Aibel Wins Ivar Aasen Hook-Up Contract

    29 November 2013
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Today Aibel has been awarded the contract for the hook-up of the Ivar Aasen platform. In addition, Det norske, as operator for the Ivar Aasen development, intends to award Aibel the contract for maintenance and modification tasks and operational support for Ivar Aasen. The combined value is approx. NOK 660 million. The Ivar Aasen platform […]