10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Atlantic Towing inks Cape Sharp Tidal deal

    21 October 2015
    Business & Finance, Operations & Maintenance, Technology, Vessels

    Nova Scotia-based Atlantic Towing has secured a contract to provide tug and barge services to the Cape Sharp Tidal project in Canada. Cape Sharp Tidal, a joint venture between Emera and OpenHydro, plans to deploy two 2 MW tidal turbines in the Bay of Fundy, Nova Scotia. According to Emera, the agreement details specialized marine […]

  • CB&I swings to second quarter loss

    10 August 2017

    The LNG engineer Chicago Bridge & Iron  (CB&I) reported a net loss of $425 million for the second quarter of 2017, as compared to a profit of $123.8 million in the corresponding quarter last year.  Revenue was $1.3 billion in the second quarter of 2017, compared to revenue of $2.2 billion in the second quarter of 2016. CB&I recorded […]

  • Statnett Secures EUR 165 Million Loan for Subsea Cable Between Norway and Denmark

    19 October 2011
    Business & Finance, Storage

      The Nordic Investment Bank (NIB) and the Norwegian grid operator Statnett have signed a loan totalling NOK 1,300 million (EUR 165 million) for the partial financing of the new subsea cable between Norway and Denmark and the upgrade of Statnett’s existing cable across the Oslofjord. The 16-year-maturity loan will help finance the construction of […]

  • Ophir says Fortuna FLNG project on target for FID in Q4

    14 September 2017

    London-based Ophir Energy on Thursday said it expects to make a final investment decision on its Fortuna FLNG project in Equatorial Guinea in the fourth quarter of this year. The final decision on the FLNG project has been pushed back several times. In its July trading update, Ophir and its partner, OneLNG, a joint venture […]

  • Woodside takes stake in seismic data acquisition firm

    13 September 2019

    Australian LNG major Woodside has signed a shareholders agreement with Perth-based Blue Ocean Monitoring (BOM) to invest in Blue Ocean Seismic Services (BOSS).

  • Fincantieri extends production halt at all cruise ship, naval plants

    27 March 2020
    Business Developments & Projects, Operations & Maintenance

    Fincantieri will further extend the work stoppage at all its military and cruise vessel production plants and offices.

  • Completion of Stump Pass Maintenance Dredging Prolonged

    8 May 2017
    Business & Finance

    The Charlotte County, Florida, confirmed last week that the deadline for the completion of Stump Pass maintenance dredging and beach re-nourishment project has been prolonged to May 15th. According to the county, the dredge contractor, Great Lakes Dredge and Dock, has dredged and placed over 125,000 CY out of 150,000 CY on the Updrift Beach Fill […]

  • SMM: Managing the Crisis Successfully (Germany)

    9 August 2012

    The European debt crisis; a weak US employment market; declining growth rates in emerging economies such as China and India: prospects for the global economy are not exactly bright at the moment. These are the challenging coordinates for the decision-makers of the maritime industry as they get ready to gather for the 25th SMM, shipbuilding, […]

  • Chevron and TotalEnergies flow first oil & gas from Gulf of America project

    21 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Two oil majors, U.S.-based Chevron and France-headquartered TotalEnergies, have brought online a deepwater oil and natural gas project in the Gulf of America, formerly the U.S. Gulf of Mexico.

  • BP and partners sanction Caspian Sea project worth $6 billion

    19 April 2019
    Project & Tenders

    The Azeri Central East project, the next stage of development of the giant ACG field in the Azerbaijan sector of the Caspian Sea, has been sanctioned.

  • Royal Caribbean eyes further emission cuts by 2025

    23 September 2021
    Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels, Vision

    After achieving its carbon reduction target of 35% compared to a 2005 baseline, American cruise holding company Royal Caribbean Group has committed to further reduce emissions by 25% by 2025 from 2019 levels.

  • Maersk’s Christiansen: It will be the end of decade before we can see some scaling-up of ammonia

    23 November 2022
    Business & Finance, Business Developments & Projects

    Morten Bo Christiansen, Vice President of Decarbonization for AP Moller Maersk shares his views on the challenges concerning uptake of ammonia and why methanol is the best solution for Maersk right now. He added that Maersk is evaluating over 30 projects aimed at developing green fuels.

  • Piracy Drops by 54 pct in Gulf of Aden

    17 October 2012
    Business & Finance

    Ahead of the upcoming Seatrade Middle East Maritime exhibition and conference, the International Maritime Bureau’s (IMB) Piracy Reporting Centre confirms that pirate attacks off the Somali coast have declined by more than 54%, leading to a softening of insurance premiums for the global shipping community but raising controversy surrounding the use of onboard private armed […]

  • Drydocks World Completes HVDC Converter Platform DolWin Beta

    10 June 2014
    Business & Finance, Equipment

    Drydocks World, the international service provider to the shipping, maritime, offshore, oil, gas and energy sectors announced the successful completion of the pioneering HVDC converter platform DolWin beta. The platform, the world’s largest in terms of capacity, was built at Drydocks World – Dubai and is an engineering marvel of gargantuan proportions which took tremendous […]

  • Equinor to produce less oil & gas and spend more on renewables in energy transition push

    15 June 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    Equinor is accelerating its energy transition with plans to produce less oil and gas and increase investments in renewables.

  • USA: Jensen Designed Commercial Fishing Vessel Achieves Construction Milestone

    13 June 2012
    Business & Finance

    One of the world’s largest commercial longliner fishing vessels, designed by Seattle-based Jensen Maritime Consultants, has reached the important milestone of having the main deck completed ahead of schedule, only 10 weeks into the construction phase. This accomplishment is the direct result of Jensen having delivered a production engineering package that makes the construction and […]

  • Sembawang Shipyard, Teekay Sign Long Term Ship Repair Contract (Singapore)

    30 March 2011
    Project & Tenders

      Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine has signed a long-term alliance contract with Teekay Marine Services, Canada, to provide ship-repair, refurbishment, upgrading and related marine services for its fleet of 137 ships. Teekay Marine Services is a subsidiary of Teekay Corporation, an international leader in energy shipping which serves the world’s leading […]

  • New operator takes up the baton at South Africa’s Orange Basin block

    4 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Eco (Atlantic) Oil & Gas has expanded its portfolio with a stake in an asset that enables it to assume the operator role at an exploration block in the Orange Basin off the coast of South Africa.

  • New CEO for Statoil

    4 February 2015
    Business & Finance

    Statoil’s board of directors has appointed Eldar Sætre as new president and CEO. Sætre has been acting as president and CEO since October, and assumes the role with immediate effect. He has 35 years’ experience from Statoil and the oil- and gas industry. “Eldar Sætre was our first choice. The industry and company are facing […]

  • USA: OPT Establishes New Business Unit to Drive Growth

    6 November 2012
    Business & Finance

    Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, today announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys.  While OPT continues actively to pursue its grid-connected Utility Systems business, the new business […]

  • Siemens to provide 3.6-MW turbines to Cape Wind and plans to open Boston office

    31 March 2010

    Cape Wind announced today it has entered into an agreement with Siemens to supply 130 of its 3.6-Megawatt (MW) turbines for America’s first planned offshore wind farm off the coast of Massachusetts and, at the same time, Siemens also announced plans to open a U.S. Offshore Wind office in Boston. “We are pleased to be […]

  • Magnolia LNG Inks MoU with SKEC Group

    4 February 2014
    Project & Tenders

    Liquefied Natural Gas Limited announced that Magnolia LNG, its 100% owned subsidiary, has executed a Memorandum of Understanding (MOU) with SK Engineering and Construction and its subsidiary SK E&C USA, (SKEC Group). The MOU relates to the preferred engagement of the SKEC Group as the engineering, procurement and construction (EPC) contractor for Company’s planned 8 million tonne […]

  • Zeebrugge Performs First Truck to Ship LNG Bunkering

    18 February 2014
    Vessels

    The world’s first LNG driven tugboat, the M/T Borgoy arrived in the port of Zeebrugge for a bunkering operation. The ‘truck to ship’ bunkering operation was the first to be performed in the Flemish coastal port. The tug M/T Borgoy is the first tugboat in the world driven by LNG. The maritime sector is confronted […]

  • President Trump inks executive order to ‘restore American maritime dominance’

    10 April 2025
    Authorities & Government, Business Developments & Projects, Green Marine, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Vessels

    The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese shipyards as well, with newbuild orders declining in favor of South Korean yards.

  • Duo stepping in to steady the ship at Galp until new CEO is picked

    13 January 2025
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Portugal’s oil and gas company Galp has appointed two board members as interim Chief Executive Officers (CEOs) following the resignation of the firm’s previous leader.