10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Ex-Subsea 7 man to take chief executive role at DeepOcean

    25 April 2018
    Business & Finance

    Offshore services provider DeepOcean has chosen a new chief executive officer (CEO) of the company.

  • Rig sales to Saudi JV lift Rowan back to profit

    28 February 2018
    Business & Finance, Exploration & Production

    U.S. offshore driller Rowan Companies returned to quarterly profit despite lower revenues helped by the sale of rigs to a joint venture with Saudi Aramco.  For the fourth quarter 2017 Rowan reported a net income of $112 million compared to a net loss of $24.4 million in the fourth quarter of 2016. The net income […]

  • UK: Sonardyne Expands Aberdeen Office

    23 February 2012
    Business & Finance, Operations & Maintenance

    Sonardyne International has completed the expansion of its Aberdeen office to meet unprecedented demand from their European customer base. The Company has acquired premises adjoining their existing offices in the Bridge of Don, increasing the space available by a third for customer training, equipment servicing and warehousing for greater stock holding.  The new training facilities […]

  • Canada: ShawCor Releases Third Quarter Results

    10 November 2011
    Business & Finance, Operations & Maintenance

    ShawCor Ltd. Announces Third Quarter 2011 Results. * Third quarter revenue of $271 million declined by 4% from the $283 million reported in the third quarter of 2010 but was marginally higher than the $265 million reported in the second quarter of 2011. * EBITDA in the third quarter was $12.5 million, 78% lower than […]

  • DNV GL Releases Annual Report

    22 May 2014
    Business & Finance

    “Last year was an extraordinary year, capped by the merger of DNV and GL in September and the beginning of a truly transformative period in our company’s history,” says Henrik O. Madsen, President & Chief Executive Officer of the DNV GL Group. “We strengthened our market position and expertise in all key areas and today, […]

  • USA: Cal Dive Secures Well Intervention Contract for Uncle John Vessel

    17 November 2011
    Business & Finance

    Cal Dive International’s multiservice vessel Uncle John is currently undergoing an upgrade to the vessel’s dynamic positioning and derrick systems, which will enable the vessel to perform light well intervention work in water depths up to 3,500 feet. Uncle John is DNV Classified multipurpose vessel with, 16-man Comex dive system with hyperbaric lifeboat capable of […]

  • Greece: Aegean Marine Takes Delivery of Newbuild Bunkering Tanker TILOS

    13 April 2011

          Aegean Marine Petroleum Network Inc. yesterday announced that it has taken delivery of the Tilos, a 5,500 dwt double-hull bunkering tanker newbuild from Qingdao Hyundai Shipyard in China. The vessel is being deployed to Singapore to support the Company’s existing bunkering operations in this market. E. Nikolas Tavlarios, President, commented, “We are […]

  • Cosco Slides to Loss

    31 July 2015

    Singapore-based Cosco Corporation Limited, an investment holding company engaged in ship building, marine engineering and dry bulk shipping, reported USD 4.8 million net loss in the second quarter of 2015, due to a slide in shipyard and shipping revenues. Turnover from shipyard operations decreased 25.6% to USD 843.4 million in Q2 2015 from USD 1.1 billion in Q2 2014 […]

  • Long Beach Encourages Pollution-Control Testing

    10 December 2014
    Business & Finance

    A new incentive program has been approved by the Board of Long Beach Harbor Commissioners aimed at rewarding shipping lines for taking part in testing of new air pollution-control technology for vessels. The first to benefit from the new incentive will be vessel operators that are participating in the Port of Long Beach demonstration of a barge-mounted […]

  • New York Blueprints Offshore Wind Development

    16 September 2016
    Authorities & Government

    New York Governor Andrew Cuomo has announced the release of the New York State Offshore Wind Blueprint that creates a framework for the development of wind energy generation off the coast of New York through a comprehensive Offshore Wind Master Plan. The Blueprint has been developed by the New York State Energy Research and Development Authority (NYSERDA) as part of the […]

  • Statoil, AGR Enter LOI for EC-Drill® System (Norway)

    24 July 2013
    Business & Finance, Equipment

    Offshore technology provider AGR Enhanced Drilling, via its subsidiary Ocean Riser Systems, has entered into a NOK120m (USD20m) Letter of Intent (LOI) together with Statoil to deliver the next-generation EC-Drill® Managed Pressure Drilling system. This latest contract will replace a purchase order made last year, when Statoil joined with Norway-based Enhanced Drilling to further develop […]

  • WTS Acquires Maritime Protection (Norway)

    11 April 2013
    Business & Finance

    Wilhelmsen Technical Solutions AS (WTS) signs the agreement to acquire 100% of the shares in Maritime Protection AS (MP), strengthening the inert gas portfolio for the marine and offshore segments. Subject to certain conditions, the transaction will be closed 25 April 2013. “I am very excited that we show our commitment to the maritime industry […]

  • Rowan sinks to quarterly loss

    2 August 2017
    Exploration & Production

    U.S. offshore driller Rowan Companies sank to a loss during this year’s second quarter with its revenues nearly halved during the period.  The driller on Wednesday reported a net loss of $28.7 million for the second quarter of 2017 compared to net income of $216.7 million in the second quarter of 2016. The net loss for the current quarter […]

  • Anadarko to curb spending this year

    25 July 2017
    Business & Finance

    U.S.-based oil and gas company Anadarko Petroleum Corporation narrowed its net loss for the second quarter 2017 and decided to reduce its spending for the year.  For the 2Q 2017, the oil company on Monday reported a net loss attributable to common stockholders of $415 million compared to $692 million loss in the prior-year period. The […]

  • Norway: Statoil Secures Offshore Helicopter Services

    19 April 2011
    Business & Finance

    Statoil has awarded Bristow Norway a new contract for offshore helicopter services running from Stavanger Airport, Norway. The estimated value of the contract is over NOK 1 billion. All installations with helicopter flights from Stavanger will be served under this contract. Statoil’s helicopter flights from Stavanger go to the Sleipner, Draupner, Volve and Glitne fields […]

  • New operator for Qatar’s largest offshore oil field? Invitations sent

    7 May 2015

    Qatar Petroleum (QP), Qatar’s state-run oil and gas company, has issued invitations to a international oil & gas companies to compete for the future operation and development the country’s largest offshore oil field Al-Shaheen, starting in mid-2017. The date marks the expiration of QP’s existing Al-Shaheen exploration and production sharing agreement with Maersk Oil of Denmark. […]

  • Nexans’ cables to power Nasr complex (UAE)

    3 September 2015
    Business & Finance, Equipment

    Nexans, a France-based supplier of cables and umbilicals for the international oil and gas industry, has won a contract by Hyundai Heavy Industries Co (HHI) to supply its subsea cables for the development of the Nasr oilfield, offshore Abu Dhabi, UAE. This follows the award of a contract worth around $100 million by the Engineering, Procurement […]

  • Wood Group Bags $240 Mln in African Contracts

    20 March 2013

    Wood Group has secured 11 new contracts in Africa totaling approximately $240 million. The contracts were awarded over the last 12 months to Wood Group PSN, Wood Group GTS and Wood Group Mustang for projects in five African nations. Wood Group PSN, which provides brownfield production services, won contracts to provide operations & maintenance and […]

  • Fluor, JGC Help Anadarko Develop Gas Reserves in Mozambique

    8 January 2013
    Business & Finance

    Fluor Corporation and JGC Corporation announced today that their 50/50 joint venture was awarded a front-end engineering and design (FEED) contract by Anadarko Moçambique Area 1 Limitada for an onshore natural gas liquefaction facility in the Republic of Mozambique. The project will be located in the Cabo Delgado Province, 2,000 kilometers northeast of Mozambique’s capital, […]

  • DW Monday: Offshore storage for excess barrels

    8 February 2016

    Brent oil price reached lows of $27/bbl in mid-January, but has recovered over the past two weeks to above the $30/bbl mark. Nevertheless, volatility is expected to remain as the market is yet to find a new equilibrium. So far, only modest cuts in US shale production have been realised, and global oil supply has […]

  • Wartsila reveals manipulations of ship engine fuel tests

    8 March 2016
    Equipment

    Wartsila, a Finnish equipment provider for the marine and energy markets, has conducted an internal audit of test processes globally and revealed deviations in a limited number of fuel consumption tests of marine engines.  According to the company, the investigation has brought forward deviations in certain fuel consumption measurement tests conducted for marine engines in Wartsila Delivery Centre Trieste […]

  • Statoil increases stake in Barents Sea discovery

    6 September 2016

    Norwegian oil firm Statoil is increasing its share in OMV’s Barents Sea oil discovery – the Wisting. Statoil is acquiring an increased Wisting share through the acquisition of Tullow Oil’s ownership in four blocks offshore Norway. Wisting is located in PL537 in the Barents Sea. “This transaction reflects our strong belief in the exploration potential […]

  • Halliburton releases new LWD density service for oil & gas industry

    16 August 2016
    Equipment

    Sperry Drilling, a Houston-based subsidiary of Halliburton, has released the 9-1/2-inch Azimuthal Lithodensity (ALD) service, providing real-time density measurements and images in boreholes up to 17-1/2 inches. Halliburton said on Monday that ALD provides downhole density measurements, including high-quality borehole image logs, to help optimize wellbore placement through geosteering and reduces geological uncertainties. The company claims […]

  • Semco to supply communication systems for Maersk’s Culzean field

    10 October 2016
    Business & Finance, Equipment

    Semco Maritime, an international engineering company, has won a multi-million dollar contract to deliver communications systems and infrastructure for the production platforms at the Maersk Oil-operated Culzean field in the UK sector of the North Sea. Semco Maritime said on Monday that this contract was awarded to the company by the Singapore-based yard Sembcorp Marine […]

  • UK: Emsys Wins ‘Clean Shipping’ Award

    14 May 2013
    Business & Finance

    WR Systems (WR) of Norfolk, Virginia announced that its Emsys Emissions Monitoring System was successful in winning the ‘Clean Shipping’ category at the 25th Anniversary Seatrade Awards held on Friday, 10 May 2013, at the Guildhall in London. Dave Edwards, President of WR, accepted the award on behalf of the company. Edwards stated, “We are […]