10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Singapore: Swiber Reports 98.4 pct Net Profit Increase in Third Quarter 2011

    14 November 2011
    Business & Finance, Operations & Maintenance

    Swiber Holdings Limited , a world class integrated construction and support services provider to the offshore oil and gas industry today reported a 98.4% increase in net profit to US$15.9 million for the three months ended September 30, 2011 (“3Q2011”), in tandem with a 12.5% increase in revenue to US$137.7 million over the same period. […]

  • US tariff tsunami looms over shipping industry as stakeholders brace for impact

    6 March 2025
    Authorities & Government, Market Outlooks

    Following the Office of the United States Trade Representative (USTR)’s late February announcement regarding new tariffs on Chinese-built vessels, shipowners and charterers have scrambled to assess the fallout as concerns over rising transport costs and potential trade route disruptions mount. “America first”: Throttling China’s dominance When President Donald Trump’s administration announced that a fee of […]

  • UK: Tekmar Invests in New Facility and Job Creation

    10 May 2013
    Business & Finance, Operations & Maintenance

    Tekmar, the leading subsea technology company, has announced a £1million investment programme, which will more than treble the size of its North East England facility and create in excess of 30 new jobs. The Newton Aycliffe-based company is the market leader for the supply of offshore wind cable protection systems and will use this growth […]

  • Initiative to curb methane emissions extends its member base as UK firm enrols

    6 July 2022
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Project & Tenders, Transition

    Neptune Energy has backed an industry initiative, aiming to remove methane emissions from the oil and gas sector by 2030. 

  • PGS Reorganizing Business

    26 October 2017
    Business & Finance, Equipment, Operations & Maintenance

    Norwegian seismic player Petroleum Geo-Services (PGS) is changing its company model to adjust to weaker and more uncertain than before seismic market as it saw its loss widened at $190 million for the quarter ended September 30, 2017 from $29 million same time last year. The new organization should build on the two business areas: Sales […]

  • Liverpool2 to Become UK’s Largest Transatlantic Deep-Sea Port

    22 April 2014
    Business & Finance, Equipment, Technology

    Peel Ports Group has awarded a multi-million pound contract to Shanghai-based Zhenhua Heavy Industries Co (ZPMC) to supply state-of-the-art ‘mega’ container cranes for its new Liverpool2 development. ZPMC will initially supply five ship-to-shore (STS) megamax quay cranes and 12 cantilever rail-mounted gantry cranes (CRMGs) for phase 1 of the contract, and a further 3 STS […]

  • Drewry: Upsizing Ships on Asia-USEC Trade Slow but Sure

    31 May 2016
    Business & Finance

    The direction of travel on the Asia-USEC via Panama trade is unstoppably moving towards bigger ships and fewer services as the shipping industry gears up for the opening of the expanded Panama Canal, but the speed at which this process takes place will be restrained, according to UK-based shipping consultancy Drewry. The two shipping alliances – CKHYE […]

  • Total Sells 15 Pct Interest in Offshore Angola Block 15/06 to Sonangol

    4 February 2014
    Business & Finance, Project & Tenders

    Total announces the sale of its 15% participating interest in the offshore Angola Block 15/06 to Sonangol E&P. The transaction is valued at 750 million dollars and remains subject to customary approvals. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus its […]

  • UPDATE: Stena Drilling to cut crew as three drillships remain idle in Las Palmas

    12 January 2018
    Exploration & Production

    Offshore Drilling contractor Stena Drilling is looking to cut workforce, being unable to find work for its three drillships currently idle in Las Palmas

  • Five Noble rigs to join Shelf Drilling’s fleet for $375 million

    24 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy, Rules & Regulation

    Shelf Drilling has inked a deal with Noble to buy five jack-up rigs, which are being sold to address concerns about the Noble-Maersk merger.

  • Wärtsilä Gets First Orders for New Wärtsilä X62 Engine

    17 July 2013
    Business & Finance

    Wärtsilä, the marine industry’s leading solutions and services provider, has received its first two orders, a total of seven engines, for theWärtsilä X62 2-stroke low speed engine. The Wärtsilä X62 is a midsize engine tailor made for Panamax Bulk Carriers, Aframax or Long Range 2 (LR2) Tankers and Container feeders. It is part of the […]

  • Wison to deliver FLNG concept study for Pandora field in PNG

    12 March 2014
    Business & Finance, Infrastructure

    Consequently, Cott has engaged Wison to deliver a Concept Study for an FLNG that would be suitable for the project.

  • LNG supply deal diversifying China’s energy mix

    23 May 2025
    Business Developments & Projects, Project & Tenders

    Guangzhou Gas Group, a subsidiary of China’s Guangzhou Development Group, has inked a long-term liquefied natural gas (LNG) sales and purchase agreement (SPA) with Mercuria Energy Trading, a subsidiary of global energy and commodity group Mercuria Energy.

  • TotalEnergies, BV, GTT and LMG Marin to develop large-scale LH2 carrier

    28 April 2023
    Business Developments & Projects, Vessels

    French energy major TotalEnergies, classification society Bureau Veritas (BV), LNG containment specialist GTT and ship designer LMG Marine have joined forces to develop a large-scale liquid hydrogen (LH2) carrier.

  • QatarEnergy and Nakilat shake hands on deal for 9 largest LNG vessels ever built

    8 May 2024
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Vessels

    QatarEnergy has entered into a long-term agreement with Nakilat for the charter and operation of nine ultra-modern QC-Max size LNG vessels.

  • MISC, BCGDV co-invest in 3 startups to disrupt shipping industry with deep tech

    17 August 2021
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, IT & Software, Outlook & Strategy, Research & Development, Safety, Technology

    BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia’s shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech.

  • USA: Hercules Offshore Full Year 2010 Profit Dives

    9 March 2011
    Business & Finance

      For the twelve month period ended December 31, 2010, the Company reported a loss from continuing operations of $134.6 million, or $1.17 per diluted share, on revenue of $657.5 million, versus a loss from continuing operations of $90.1 million or $0.93 per share on revenue of $742.9 million for the twelve month period ended […]

  • Keppel Nets $295 Mln Jobs on Kraken FPSO and SCV Vessel

    1 July 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Singmarine Pte Ltd  have secured contracts worth a total of S$368 million ($295 million). The contract secured by Keppel Shipyard is for the conversion of a Floating Production Storage and Offloading (FPSO) vessel for Armada Kraken Pte Ltd (Armada Kraken), […]

  • PGS’ Business Model Delivers Strong EBIT Margin in Challenging MultiClient Quarter

    28 October 2013
    Business & Finance, Operations & Maintenance

    In Q3 2013, revenues for Petroleum Geo-Services ASA (“PGS” or “the Company”) were 6% lower than in Q3 2012. EBIT margin for the Company ended at 30%, which is higher than in the previous quarter and in Q3 2012. The improved profitability is driven by PGS’ solid business model, combined with price optimization for contract […]

  • Poland: LNG Energy Announces Additional Lebork S-1 Well Core Analysis

    6 September 2011

    LNG Energy Ltd. (LNG) announced that it has received additional data from the Lebork S-1 and Wytowno S-1 wells drilled on the adjacent Polish Slawno and Slupsk concessions in which LNG has an indirect 20% interest through its ownership of Saponis Investments Sp z.o.o (Saponis). The new data from Saponis’ third party contractors consists of […]

  • Semi-sub Maersk Discoverer drilled deepest well ever in Egypt

    6 July 2015
    Exploration & Production

    On May 5, 2015, the rig Maersk Discoverer completed what is claimed to be the deepest well ever drilled in Egypt and the longest ever drilled in the Mediterranean Sea. The Maersk Discoverer is a sixth generation semi-submersible rig owned and operated by Maersk Drilling. Atoll-1 was drilled in 923m water depth around 80km north of […]

  • Hapag-Lloyd, DB Schenker Launching Eco-Friendly Initiative in Ocean Freight

    26 December 2017
    Business & Finance

    Hapag-Lloyd and DB Schenker have launched a project aimed at reducing sulfur oxide emissions in ports.

  • Norden Ships to Work for Empremar for 10 More Years

    27 September 2017
    Business & Finance

    From 2020 to 2029, Norden’s Supramax vessels will be carrying road salt from Chile as the Danish shipping company has entered into a 10-year contract with Chilean company Empremar, a subsidiary of salt producer K+S.  The contract covers 8-10 voyages per year of 50,000 tons each. A voyage is expected to take approximately 30 days […]

  • SCF Names LNG Carrier Intended for Charter with Total

    11 February 2020
    Business & Finance

    SCF Group’s hosted a naming ceremony for its latest LNG carrier, SCF La Perouse.

  • Nordsee Ost Cracks 1 TWh Mark

    13 May 2016
    Storage

    The 295MW Nordsee Ost offshore wind farm has generated one million megawatt-hours of electricity almost exactly a year after its full commissioning on 8 May 2015, RWE Innogy reports. “One year after the official opening of our wind farm, we have cracked the one million mark. I am proud because it shows that our systems can meet the planned targets and […]