10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Africa Energy farms into exploration license offshore Namibia

    29 November 2016
    Business & Finance

    Canadian oil and gas exploration company Africa Energy has entered into a farm-out agreement with a subsidiary of Pancontinental Oil & Gas to acquire a 10% participating interest in Petroleum Exploration License 37 offshore Namibia (PEL 37). The company said on Tuesday that, under the terms of the agreement and similar to the terms of […]

  • Wood Group nets Kollsnes plant work from Statoil

    13 March 2015
    Business & Finance, Equipment

    Wood Group has been awarded a contract by Statoil, on behalf of Gassco, for engineering modifications and upgrades to its Kollsnes process plant, west of Bergen, Norway, which processes gas from the North Sea fields. Estimated value of the contract, including options and procurement, is more than NOK500 million ($61.45 million). Contract scope includes front-end […]

  • Bowleven sees board changes

    5 May 2015
    Business & Finance

    Bowleven, an independent exploration and development company focused on Africa, announced that Chief Tabetando and Peter Wilson will both step down from the Board, and that John Martin has been appointed as a Non-Executive Director. The company said that these changes were made following the recent completion of the Etinde farm-out transaction and associated transfer […]

  • Norway: Alvheim field produces 300 millionth barrel of oil

    20 August 2015
    Project & Tenders

    Det norske, an independent oil company from Norway, has reached a production milestone at its Alvheim field in the Norwegian sector of the North Sea. According the company, the Alvheim-area, producing through an FPSO vessel, passed 300 million barrels of oil on August 17, 2015, beating the company’s expectations. “The field has delivered excellent results […]

  • Horizon Maritime adds another vessel to offshore support fleet

    14 August 2018

    Canada’s Horizon Maritime has added a new multifunctional offshore support vessel to its Canadian fleet.

  • Bluefin Robotics Wins Subcontract for Acoustic Device Countermeasure MK 5 (USA)

    17 April 2011
    Business & Finance, Equipment

    Bluefin Robotics, a leader in the design and manufacturing of Autonomous Underwater Vehicles (AUVs), is being awarded a subcontract from Ultra Electronics Ocean Systems, Inc., the world leader in expendable acoustic countermeasures for submarines and surface ships. Bluefin will support Ultra in the development, design, fabrication, integration, and testing of the acoustic device countermeasure (ADC) […]

  • Ocean Rig lands new gig for Poseidon drillship

    26 February 2018
    Business & Finance, Exploration & Production

    Ocean Rig has signed a new drilling contract with Tullow Namibia for a one-well drilling program plus options for drilling offshore West Africa.

  • Petronas sees oil prices at $50-$60 over next three years

    4 December 2017

    A hundred dollar a barrel prices are a thing of the past. This is what Malaysian oil company has said in its freshly put out activity outlook 2018-2020. Petronas Vice President of Group Procurement, Samsudin Miskon said: “As we approach 2018, the uncertainty in the oil and gas industry remains a topic of constant discussion. […]

  • EnQuest extends Petrofac’s services in North Sea

    28 May 2014
    Business & Finance, Equipment, 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.

  • Keel Laid for Crowley’s Fourth Product Tanker

    21 September 2015
    Business & Finance

    Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA, held a ceremonial keel laying for the fourth of four product tankers that it is building with Crowley Maritime Corporation (Crowley).   The next generation 50,000 dwt product tankers are based on a Hyundai Mipo Dockyards (HMD) design which incorporates numerous […]

  • South Korea: Samsung Holds Naming Ceremony for Suezmax Tanker Stena Superior

    1 September 2011

    Today Mrs Rosa Jose Marie Sumbe, wife of Mr. Baptista Sumbe, Executive Chairman of Sonangol Holdings Ltd, named Stena Bulk’s first ultra modern, low consumption and partly in-house designed, Suezmax tanker Stena Superior at a ceremony at Samsung HI, Geoje, Korea. The Stena Superior is the first Suezmax tanker in the series of seven vessels […]

  • Wison to Supply Modular Drilling Rig for Gulf of Mexico

    10 July 2013
    Business & Finance

    Wison Offshore & Marine Ltd. (Wison), a subsidiary of the Wison Group, announced today the award of a contract from China Oilfield Services Limited (COSL) to supply one modular drilling rig for use on a platform in the Mexican sector of the Gulf of Mexico operated by Petróleos Mexicanos (PEMEX). Under the contract, Wison will […]

  • LLOG Bluewater Charters Sevan Drilling’s New Rig

    2 April 2013
    Business & Finance

    Sevan Drilling confirmed that one of its wholly owned subsidiaries and LLOG Bluewater Holdings LLC have entered into a three-year charter contract for operation in the US Gulf of Mexico . Sevan Drilling rig no 3 which will be named Sevan Louisiana, which is currently under construction at Cosco Quidong shipyard in China, will be […]

  • USA: Chesapeake Shipbuilding Completes Sea Trials for ACL’s Paddlewheeler

    21 March 2012

    On March 18th the Queen of the Mississippi left the pier at Chesapeake Shipbuilding in Salisbury, Maryland, for its first sea trial. “The Queen of the Mississippi sets a new standard in river cruising and raises the bar for grand travel on the Mississippi River,” said Charles A. Robertson, President of American Cruise Lines. Robertson […]

  • Rand Takes a Danish Flagged Chemical Tanker

    14 March 2014
    Business & Finance

    Rand Logistics, Inc. today announced the acquisition of a Danish flagged chemical tanker that will be converted to a Canadian flagged river class self-unloader vessel. The new vessel will support recent new long-term contract awards which begin in April 2015. The acquisition and conversion of this vessel is consistent with Rand’s strategy of remaining the […]

  • ADSB, Navantia Ink Memorandum of Understanding

    19 November 2013
    Business & Finance

    Abu Dhabi Ship Building (ADSB) and Navantia signed on 17th. November, a Memorandum of Understanding (MoU) regarding the cooperation in identification and management of future business opportunities for ship building and services related projects for the UAE Navy and other Gulf countries. The collaboration of this agreement includes the following areas: Through Life Support Combat […]

  • SAAB Finalizes Kockums Buy

    24 July 2014
    Business & Finance

    Swedish defence and security company Saab has acquired Thyssen Krupp Marine Systems AB shipyard (TKMS AB formerly Kockums).   “We are now beginning the integration of Kockums with Saab, focusing on reaching full capacity and we are starting work immediately with the orders placed by Sweden as well as deliveries to other existing customers. This […]

  • Port of Rotterdam Forges Ties with Bank of China

    29 October 2015
    Business & Finance

    The Bank of China and the Port of Rotterdam Authority signed a Memorandum of Understanding on Wednesday, October 28th aimed at strengthening relations between China and the Netherlands. The two parties intend to work together on identifying, attracting and developing business opportunities in, among other areas, logistics, containers, shipping and rail infrastructure, within the framework of the Chinese […]

  • Safe Bulkers Narrows Net Loss

    28 July 2017
    Business & Finance

    Monaco-based dry bulk shipping specialist Safe Bulkers has managed to reduce its net loss in the second quarter of 2017 to USD 1.6 million as compared to USD 9 million reported in the same period in 2016. Net revenue for the three-month period ended June 30, 2017 increased by 34% to USD 35 million from […]

  • France backs EEL Energy with multi-million grant

    19 December 2016
    Authorities & Government, Business & Finance, Research & Development, Technology

    EEL Energy has received €3.7 million from the French government for the development of its new generation tidal energy device.

  • Sabella generates first 10 MWh from tides

    1 December 2015
    Operations & Maintenance, Research & Development, Technology

    Following the gradual increase in the speed of the Fromveur Passage currents, Sabella’s D10 tidal energy turbine has produced 10 MW/h of electricity under real operating conditions. The turbine which was deployed in June this year started delivering limited amounts of power to Ushant island on November 5, 2015. The next step for the project […]

  • Luxembourg: EIB to Finance Northwind Project with EUR 333 Million

    29 June 2012
    Business & Finance

    The European Investment Bank (EIB) will grant EUR 333 million to finance the Northwind offshore wind power plant. The financial close, which was announced yesterday, will cover the construction and operation of a 216 MW offshore wind farm to be built on a sandbank located 37 km from the port of Ostend on the Belgian coast. This new […]

  • Overseas Shipholding Group Settles with Proskauer

    15 February 2016
    Business & Finance

    US tanker company Overseas Shipholding Group, Inc. has reached a final settlement with Proskauer Rose LLP and certain of its partners in connection with the previously disclosed lawsuit brought against that firm by the company. OSG said that as part of the settlement, Proskauer Rose LLP has agreed to release the claims it asserted against […]

  • Genco Closes New USD 400 Mn Financing

    16 November 2016
    Business & Finance

    Dry bulk specialist Genco Shipping & Trading Limited has closed on a new USD 400 million loan which will be used to refinance all of its existing credit facilities. The new facility has improved the terms and covenants across all of the company’s refinanced facilities and simplified its capital structure, according to Genco. The terms of the loan […]

  • OSG Gets Nod to Split Up Businesses

    24 October 2016
    Business & Finance

    NYSE-listed Overseas Shipholding Group (OSG) has received approval to separate its international and domestic businesses into two independent, publicly traded companies Overseas Shipholding Group and International Seaways. Upon separation, International Seaways will own and operate one of the largest fleets of international crude and product tankers worldwide, according to the company. OSG will consist of […]