10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Seaspan pockets $200 million from sustainability-linked bonds

    22 January 2021
    Business & Finance

     Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., has raised $200 million from new senior unsecured sustainability-linked bonds in the Nordic bond market. The bonds will mature in February 2024 and bear interest at 6.5% per annum. The net proceeds from the bond issue will be used for general corporate purposes, which may include repayment of debt. “We […]

  • Amazon buys more offshore wind power

    8 February 2021
    Business & Finance

    Amazon has signed an agreement with Shell Energy Europe to offtake renewable power from the subsidy-free Hollandse Kust Noord offshore wind farm being constructed in the Netherlands. Starting in 2024, Amazon will offtake a total of 380 MW from the wind farm, 250 MW from Shell and 130 MW from Eneco. According to Shell, this […]

  • CMA CGM takes an equity stake in TTIA container terminal in Algeciras

    2 March 2021
    Business & Finance, Infrastructure, Ports & Logistics

    French shipping and logistics major CMA CGM Group has through its CMA Terminals subsidiary acquired a 50% interest minus one share in Spain’s Total Terminal International Algeciras (TTIA) port terminal. The TTIA terminal, located in the Strait of Gibraltar at the crossroads of trade between Asia, the Mediterranean, and Northern Europe, is capable of accommodating […]

  • DOF Subsea makes management changes

    13 November 2020
    Business & Finance, Human Capital, Outlook & Strategy

    DOF Subsea has appointed Martin Lundberg as acting chief financial officer (CFO) with responsibility for the corporate finance functions in the DOF Subsea Group.

  • Port of Seattle Deepening Study Halfway Through

    2 March 2016
    Business & Finance, Project & Tenders, Vessels

    Port of Seattle and the U.S. Army Corps of Engineers are halfway through a deepening feasibility study that will evaluate alternatives for deepening the navigation channels in the East & West Waterways up to 55 feet. Port of Seattle is one of the first ports in the nation to participate in the Corps’ new, streamlined process […]

  • Wando Welch Dredging Approved

    19 February 2015
    Business & Finance, Equipment, Technology

    The SC Ports Authority Board has approved a contract to perform annual berth dredging at Wando Welch Terminal and authorized the purchase of six full container handlers as part of the SCPA’s scheduled equipment replacement plan. In other action items, the Board passed a resolution authorizing the SCPA to oversee construction of a Site Operations Center on […]

  • Mississippi River Commission Schedules Annual Inspection Trip

    15 August 2019
    Business & Finance

    The Mississippi River Commission will conduct its annual low-water inspection trip on the Mississippi River, August 19-23, 2019, the U.S. Army Corps of Engineers, New Orleans District, reports. Four public meetings have been scheduled aboard the Motor Vessel MISSISSIPPI in selected towns along the river. According to USACE, commission members will meet with local partners, […]

  • PGS Introduces Ocean Plastic Cleanup Concept

    6 June 2017
    Business & Finance, Operations & Maintenance, Research & Development

    Petroleum Geo-Services (PGS) said it has developed a concept for collection of plastic from the oceans. The solution uses the inherent benefits of seismic vessels and takes advantage of their air compressors and capabilities for handling large towing configurations, PGS explains. The PGS plastic collection concept consists of a seismic vessel and a support vessel […]

  • Sempra Energy assets still up for sale. Renewables up next

    13 February 2019

    Following the sale of its non-utility U.S. natural gas storage facilities, Sempra Energy continued to shed its assets through a sale of its U.S. renewables business.

  • Kosmos Energy confirms ‘world-scale gas resource’ offshore Senegal

    23 September 2019

    Dallas-based Kosmos Energy has confirmed a ‘world-scale gas resource’ offshore Senegal following the drilling of the Yakaar-2 appraisal well.

  • Höegh Esperanza starting FSRU work for CNOOC at Tianjin

    6 November 2018
    Vessels

    Höegh LNG’s Höegh Esperanza has started commissioning for FSRU operations following its arrival at the Tianjin LNG terminal in China.

  • Woodfibre LNG granted SIGTTO membership

    12 June 2015

    Woodfibre LNG said it has been granted an associate membership in the Society of International Gas Tanker and Terminal Operators (SIGTTO). Woodfibre LNG is proposing to build a modestly sized liquefied natural gas processing and export facility at the site of a former pulp and paper mill, about seven kilometres from downtown Squamish, B.C. “We […]

  • Wärtsilä Planning 550 Layoffs to Save USD 56 Mn

    21 April 2016
    Business & Finance

    As a result of the weak market situation, Helsinki-listed Wärtsilä Corporation has announced today its plans to cut approximately 550 jobs – of which 270 in Finland – in order to achieve annual savings of EUR 50 million (approx USD 56.4 million).  The company says its decision to realign the organization, operations and resources will mainly affect […]

  • Port Authorities Join Forces in Climate Action Program

    14 September 2018
    Business & Finance, Rules & Regulation

    Seven leading port authorities are joining forces to address the issue of global warming.

  • Rolls-Royce Slashes 400 More Jobs in Marine Division

    5 October 2015
    Business & Finance

    Rolls-Royce plans to lay off further 400 workers from its Marine business by the end of 2016, in addition to the reduction of 600 employees previously announced in May, again stating ”the impact of the low price of oil and subsequent fall in orders” as the main reasons behind the job cuts. The company expects the reductions […]

  • Lenders back Noble Corporation with new credit facility pledge

    20 December 2017
    Business & Finance

    Offshore driller Noble Corporation has received commitments from lenders to enter into a new credit facility, which is expected to close by the end of 2017. Noble informed on Wednesday that the new credit facility is expected to provide borrowing capacity of $1.5 billion with an expected maturity of January 2023. Additionally, the company would retain an incremental $300 […]

  • Offshore helicopter firm invests in drones

    9 February 2016
    Equipment

    Offshore helicopter firm Bristow Group has invested $4.2 million in Sky-Futures, a provider of drone inspection data services for the oil and gas industry. This investment gives Bristow immediate entry to the fast-growing UAV services business and bolsters Bristow’s offerings to include drone inspection services, the company said in a statement. The investment, which also […]

  • Noble Energy boosts 4Q sales volumes estimates

    10 December 2015

    U.S. oil and gas company Noble Energy, Inc. has increased its fourth quarter 2015 sales volumes to range between 405 and 415 thousand barrels of oil equivalent per day (MBoe/d), with the midpoint of the new estimate representing a 15 MBoe/d increase over the prior midpoint. According to Noble Energy, volumes sold in October and […]

  • BP, Helix agree to delay Q5000 contract

    27 February 2015
    Equipment

    Helix Energy Solutions Group, Inc. has entered into an agreement with BP Exploration & Production to amend their existing 2013 agreement  for the Q5000 well intervention vessel.  The start of the the well intervention services work in the U.S. Gulf of Mexico, previously scheduled to begin in the third quarter of 2015, will be postponed […]

  • Globus Maritime Gets a Breather from Lenders

    11 April 2017
    Business & Finance

    Greece-based dry bulk shipping company Globus Maritime Limited said that it has reached agreements with DVB Bank and HSH Nordbank AG to amend and waiver some of its loan facilities due in 2017. In March 2017, the company reached agreements in principle with the two lenders to amend the loan agreements, including amendments to relax or waive […]

  • SapuraKencana, Proserv in Asia Pacific Pact

    11 January 2017
    Business & Finance, Equipment, Operations & Maintenance

    SapuraKencana’s subsidiary, SapuraKencana Technology (SK Technology) and Proserv are joining forces to provide technology services in Asia Pacific. They will jointly provide a range of services across the drilling, production, maintenance and decommissioning market sectors with a strong focus on subsea production and subsea maintenance services. The partnership will leverage on mutual strengths, Proserv’s suite […]

  • DONG Energy and GIB Hammer Out Lincs O&M Contract

    13 January 2017
    Business & Finance, Operations & Maintenance

    DONG Energy has agreed to enter into a long-term contract to provide operation and maintenance (O&M) services to the Lincs offshore wind farm located off the coast of North East Lincolnshire, UK. The new O&M contract for the wind farm follows the news that Centrica and Siemens Project Ventures agreed to sell their combined 75% […]

  • USA: Subsea Tieback Forum and Exhibition to Showcase Sold-Out Exhibit Hall Floor

    12 October 2011
    Business & Finance

      Offshore oil and gas industry professionals from around the world will gather in Galveston March 6 – 8, 2012 for the annual Subsea Tieback Forum & Exhibition at the Moody Gardens Hotel & Convention Center. The sold-out exhibit hall floor has grown over the last ten years to become the largest subsea technology event […]

  • Brazil: Government Unveils Port of Rio Expansion Plans

    23 August 2012

    The Port of Rio de Janeiro will receive around R$ 3 billion in investments by 2016, which should increase its capacity by 80%. The announcement was made Aug. 20 by the State Government. The funds will come from the private sector and all three levels of government (Federal, State and Municipal). The program, entitled “21st […]

  • Talos brings GoM well online two months ahead of schedule

    19 July 2018
    Equipment

    U.S. oil company Talos Energy which has recently merged with Stone Energy has started production from the Mt. Providence Gulf of Mexico well two months ahead of the original schedule.