10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • IEV Bags FPSO Decommissioning and Towage Contract in Malaysia

    14 January 2014
    Business & Finance, Operations & Maintenance

    IEV Holdings Limited (the “Company”, and together with its subsidiaries, “IEV” or the “Group”), announces that its 49% owned associate, IEV (Malaysia) Sdn. Bhd. (“IEV Malaysia”) has been awarded a contract for the decommissioning and towage (the “Project”) of a FPSO from offshore Terengganu in Malaysia, by a Malaysian-based Oil and Gas exploration and production […]

  • First Oil Produced from Ekofisk South (Norway)

    28 October 2013
    Business & Finance, Operations & Maintenance, Research & Development

    ConocoPhillips today announced first oil production from the Ekofisk South development project in the Norwegian North Sea on Oct. 25. “The Ekofisk South project startup represents an important milestone for ConocoPhillips,” said Matt Fox, executive vice president, Exploration and Production. “This is the first of several new major project startups that will contribute to the […]

  • 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 […]

  • McDermott, Petrofac in Subsea Pact

    25 February 2015
    Business & Finance, Operations & Maintenance

    McDermott and Petrofac have formed a strategic marketing alliance to pursue top-tier deepwater subsea, umbilical, riser and flowline (SURF) projects. The five-year alliance expects to provide oil and gas companies a competitive, integrated solution across a broad range of complex engineer, procure, construct, install (EPCI) Subsea projects in deep and ultra-deepwater across the US Gulf […]

  • 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 […]

  • MCG expects low seismic demand to persist as cost cuts linger

    20 May 2016

    Marine seismic data provider MultiClient Geophysical (MCG) expects the low demand for seismic data to continue throughout 2016 despite the increase in oil price since mid-February 2016.  In its quarterly report on Friday, MCG said that the oil companies would continue its cost discipline in 2016 reflecting the low oil price and uncertainty in the prediction of future […]

  • 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 […]

  • USA: BOEM names acting director after Ross-Hopper moves to solar

    10 January 2017

    The U.S. Bureau of Ocean Energy Management (BOEM), a regulator for offshore oil & gas and renewables activities, has named an acting director after Abigail Ross-Hopper left the role.  Ross-Hopper on Monday was named as president and chief executive officer of Solar Energy Industries Association, the national trade association of the U.S. solar energy industry. Her […]

  • Eni Pens PSC for Offshore Block in Ukraine

    27 November 2013

    Eni signs production sharing agreement with the Ukrainian government for offshore exploration and development Today in Kiev, Eni signed a Production Sharing Agreement with the Ukrainian government, represented by the Minister of Energy Eduard Stavytsky, in the presence of the President of Ukraine Viktor Janukovič , for the exploration and development of an area located […]

  • Norway: Spectrum Appoints Rune Eng as new President and CEO

    3 November 2010
    Business & Finance

    The board of directors of Spectrum ASA has appointed Rune Eng as new President & CEO for Spectrum ASA. Rune Eng will take over the CEO position in the course of the 4th quarter of 2010. Mr. Eng has broad experience in the seismic industry and has served in different executive positions with Petroleum Geo […]

  • Norway: Aibel Wins Major Ekofisk Contract from ConocoPhillips

    30 May 2011
    Business & Finance

      ConocoPhillips has awarded Aibel a frame agreement for maintenance and modifications in the Greater Ekofisk Area. The agreement is valid for five years, with an option of three plus three years. ‘This is a great day for Aibel, and everyone working in the company. The agreement is one of the largest for maintenance and […]

  • KBR Wins Detailed Engineerig Work for South Arne Phase 3 Project, Offshore Denmark

    3 May 2011
    Business & Finance

    KBR  announced today that it has been named as subcontractor by Dragados Offshore, S.A. (Dragados) for the detailed engineering work on the South Arne Phase 3 Project, an expansion of the existing South Arne field located offshore in the Danish sector of the North Sea. “KBR delivered the original South Arne Project in 1999, and […]

  • Lundin Strikes Gas at Skalle Prospect Offshore Norway

    8 July 2011
    Business & Finance

    Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB (Lundin Petroleum), operator of production licence 438, has completed well 7120/2-3S on the Skalle prospect as a gas discovery. A comprehensive logging and coring program has been acquired. The well is situated approximately 25 kilometers north of the Snøhvit Field in the south western […]

  • Wärtsilä, Norsepower Team Up on Wind Propulsion Services for Shipping

    14 October 2019
    Business & Finance

    Wärtsilä unveils cooperation with Norsepower, a provider of auxiliary wind propulsion systems for shipping.

  • 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 […]

  • Keel Laying Ceremony Held for Petronas FLNG in South Korea

    8 January 2014
    Vessels

    The keel laying process for Petronas’ first floating liquefied natural gas facility (PFLNG 1) has commenced this week, marking another significant milestone in the construction of the facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea, the company said in a statement. The first block of the keel, the basic […]

  • NGV 2014 confirmed natural gas as fuel of the future

    18 July 2014

    NGV2014 Brussels, the ‘5th International Show & Workshops’ was successfully held from 8 – 10 July. Taking place in the scope of the recently adopted Directive on the Deployment of Alternative Fuels Infrastructure (including CNG and LNG), the European NGV event of the year underlined the strong alliance between the NGV industry and European policy […]

  • South Korea to boost LNG imports in push for clean power

    6 September 2017
    Ports & Logistics

    South Korea, the world’s second largest buyer of LNG, is expected to boost imports of the chilled fuel for power generation as part of a plan to reduce reliance on coal and nuclear plants. The country aims to lift its power production capacity by up to a tenth by 2030, mostly using LNG and renewable […]

  • Vestas Remains Focused on Its Profitable Growth Strategy

    20 August 2014
    Business & Finance

    In the second quarter of 2014, Vestas generated revenue of EUR 1,341m – an increase of 13 per cent compared to the second quarter of 2013. EBIT before special items increased by EUR 92m to EUR 104m primarily due to improved average project margins and higher volume. The EBIT margin before special items was 7.8 […]

  • Langlee to Develop Wave Power in Canary Islands

    18 October 2013

    Recently, Francisca Luengo, Canarian Minister of Industry and President of ITC, and Julius Espedal, founder and CEO of Langlee Wave Power met to discuss common development of wave power in the Canary islands. They signed an agreement which could be the first step towards making Canary Islands the pioneer in wave power industry. The Canarian […]

  • 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% […]