10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • VIDEO: Devenick Gas Project Comes On Stream (UK)

    4 October 2012
    Business & Finance

    BP today announced the successful start-up of the Devenick gas project in the central North Sea. The Devenick project is a subsea tie-back to Marathon Oil’s East Brae platform and provides an important new source of domestic gas for the UK. Trevor Garlick, Regional President for BP’s North Sea business, said: “The Devenick project has […]

  • Polarcus expands presence within Brazilian market

    1 September 2014
    Business & Finance

    Polarcus has entered into a new representation agreement effective 01 September 2014 for the management of Polarcus do Brasil in Rio de Janeiro.

  • 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 […]

  • EBR to Install FPSO Topside Units for Petrobras

    13 May 2013

    Estaleiros do Brasil Ltda. (EBR), a jointly owned Brazilian company by Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) and SOG – Óleo e Gás S.A. (SOG), a leading engineering company in Brazil, has been awarded an EPCI contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system. The contract […]

  • Seaport Alliance Final Agreement Drafted

    11 May 2015
    Business & Finance

    The US ports of Tacoma and Seattle have issued a draft of the final agreement to form a Northwest Seaport Alliance and unify the two ports’ marine cargo terminal investments, operations, planning and marketing.  The agreement outlines the Alliance’s governance charter, management and financial structures, a transition plan and a business development strategy. While the ports […]

  • Princess Cruises, Fincantieri Ink Final Deals for Two Next-Generation Cruise Ships

    27 March 2019
    Business & Finance

    Princess Cruises and Fincantieri sign final contracts for the construction of two next-generation 175,000-ton cruise ships.

  • Stena Bulk Joins the Scrubber Ordering Wave

    16 October 2018
    Business & Finance, Rules & Regulation

    Stena Bulk inks scrubber deal with Chinese Bluesoul for up to 21 ships.

  • Zim Swings Back to Red

    26 May 2016
    Business & Finance

    Israeli container shipping company ZIM Integrated Shipping Services Ltd. has sunk to the red in the first quarter of 2016 after staying in the black for almost a year. Namely, the company posted a net loss of USD 56 million, compared to net income of USD 12 million for the first quarter of 2015 amid historically low freight rates. The […]

  • Umea and Vaasa Form Joint Company Kvarkenhamnar

    2 July 2014
    Business & Finance, Research & Development

    The owners of the respective harbours, municipalities of Umeå and Vaasa, have agreed to set up a joint company, Kvarkenhamnar AB. The new entity with head office in Umeå will take over port management from the Swedish and Finnish local governments as from the 1st of January, 2015. Kvarkenhamnar AB will be owned 50/50 by […]

  • Mississippi Commission Schedules Inspection Trip

    4 March 2015
    Business & Finance

    The Mississippi River Commission will conduct its annual high-water inspection trip on the Mississippi River on March 23-27, 2015. Four public meetings have been scheduled aboard the Motor Vessel MISSISSIPPI in selected towns along the river so commission members have the opportunity to meet with local partners, stakeholders and residents and hear their concerns, ideas […]

  • 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 […]

  • Schlumberger expands services portfolio with new acquisition

    2 June 2016
    Business & Finance

    Schlumberger, the world’s largest oil services provider, has acquired Saltel Industries, a French engineering, manufacturing, and service company supporting oil and gas industry, both offshore and onshore. Schlumberger said on Wednesday that the newly acquired, Bruz-based company, a specialist offering expandable patches and steel packers technology for the oil and gas industry, will continue to operate […]

  • Port of Gdansk Authority Meets Demands of Workers

    14 March 2017
    Business & Finance

    The Port of Gdansk Authority (PGA SA) has signed an Additional Protocol to the Collective Labour Agreement, meeting the demands pursued for years by two trade unions. The main demand of the Independent Self-Governing Trade Union “Solidarity” and the Free Trade Union of Workers of Maritime Economy was to regulate wages for employees wishing to retire as […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Port of Prince Rupert to Create 5,000 Port Jobs

    12 January 2016

    The Port of Prince Rupert, in British Columbia, projects that its fully-realized development plan could generate almost 5,000 new jobs in northern British Columbia directly related to port activity. Using a model derived from project proposals and land use plans, the forecast quantifies the potential growth of the port’s economic impact through 2025 and beyond, […]

  • New LNG Carrier Joins MISC Berhad’s Fleet

    20 January 2017
    Business & Finance

    Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, held the naming and delivery ceremony of its new liquefied natural gas (LNG) carrier Seri Cenderawasih in Ulsan, South Korea. The 150,200 cbm carrier is the second in a series of five MOSS-type LNG carriers ordered from South Korea’s Hyundai Heavy Industries. Upon their delivery, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Afreximbank to promote LNG distribution in West Africa

    4 February 2022
    Business & Finance, Business Developments & Projects

    Fund for Export Development in Africa (FEDA), a subsidiary of African bank Afreximbank, has invested in Ecow-Gas, an LNG distribution infrastructure platform in the West Africa region.

  • Baker Hughes adds to e-LNG offering by acquiring unit of BRUSH

    8 August 2022
    Business & Finance, Business Developments & Projects, Equipment, Infrastructure

    Baker Hughes has agreed to buy the Power Generation division of BRUSH Group from One Equity Partners to enhance its e-LNG portfolio.