10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • 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 […]

  • RigNet to provide communications solutions to Rubicon Intrepid FPSO

    12 September 2019
    Equipment, Infrastructure

    RigNet has been awarded a multi-year agreement with the GPC to deploy its analytics platform onboard an FPSO vessel.

  • USA: Hydroid Begins Construction of New Manufacturing/Research Facility

    20 November 2012
    Business & Finance

    Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of Autonomous Underwater Vehicles (AUVs), announced that it has broken ground and begun construction on its new, state-of-the-art manufacturing and applied research facility in Pocasset, MA. “Outgrowing our old space gave us the opportunity to design a facility that will protect the environment and […]

  • Top Interviews of 2014

    24 December 2014
    Business & Finance

    Subsea World News has put together a recap of the interviews published during 2014. In January, Duane Fotheringham took the role of the President of the Hydroid, a leading provider of autonomous underwater vehicles. During a phone interview Mr. Fotheringham expressed his satisfaction with the Company’s growth, and its participation at the Oceanology International 2014 exhibition […]

  • HMM Joins NYSHEX

    24 July 2018
    Business & Finance

    Hyundai Merchant Marine has become the newest carrier member of NYSHEX.

  • Schlumberger and IBM team up for better upstream productivity

    31 August 2015
    Equipment

    Schlumberger and IBM announced Monday that they have teamed up to provide integrated services to upstream oil and gas customers that will improve the business impact of production operations projects. Schlumberger says that the offering combines its production optimization services, upstream expertise, and Avocet production operations software platform with IBM’s enterprise asset management and enterprise […]

  • MOL Forecasts Return to Profit amid Group Overhaul

    5 April 2017
    Business & Finance

    Japan’s shipping major Mitsui O.S.K. Line is on the path of returning to profitability at the ordinary income level, the company’s President & CEO, Junichiro Ikeda said on the occasion of MOL’s 133rd anniversary. Ikeda added that MOL is ” well positioned to deliver profits this fiscal year and beyond, through execution of its newly-established management plan” despite shipping […]

  • Stena’s New Tanker Digitally Named

    19 January 2018
    Business & Finance

    Tanker shipping company Stena Bulk has held a digital naming ceremony for Stena Immortal, a 50,000 dwt tanker. 

  • Origin Buys Out Karoon at Browse Basin

    2 June 2014
    Business & Finance

    Origin Energy Limited (Origin) has entered into a conditional Sale and Purchase Agreement with Karoon Gas (Karoon) to acquire its entire 40 per cent interest in two exploration permits (WA-315-P and WA-398-P) in Western Australia’s Browse Basin (Poseidon permits). These permits contain large and prospective offshore gas fields, such as the Poseidon discovery. ConocoPhillips, the […]

  • ConocoPhillips to Sell Interest in Kashagan to ONGC, Kazakhstan

    27 November 2012

    ConocoPhillips announced that it has notified government authorities in Kazakhstan and its co-venturers of the company’s intent to sell its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited. Subject to various government approvals, Kazakhstan state preemption rights and co-venturers’ preemption rights, ONGC Videsh Limited, the international arm […]

  • Icebreaker: LEEDCo Switches from Siemens to MHI Vestas Turbines

    27 September 2016

    LEEDCo, the developer of North America’s first freshwater offshore wind farm, has decided it will use six MHI Vestas Offshore Wind’s (MVOW’s) 3.45MW wind turbines for its Icebreaker project. When asked by Offshore WIND about the decision to switch from Siemens 3MW turbines, Lorry Wagner, President of the Lake Erie Energy Development Corporation (LEEDCo), said: “MVOW is our preferred supplier for Icebreaker, but […]

  • Moody’s Upgrades Hapag-Lloyd Ratings, Outlook Stable

    19 February 2019
    Business & Finance

    Moody’s upgraded the corporate family rating of Hapag-Lloyd to B1 from B2.

  • WATCH: Australia’s $12.5B gas project makes inroads as final modules for Pluto LNG’s Train 2 come

    23 December 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Woodside has reached another milestone, which it sees as significant for developing its giant gas project off the coast of Western Australia, thanks to the arrival of the last batch of modules at the Pluto Train 2 construction site in Karratha.

  • Sweden: IMO Celebrates 30th Anniversary of World Maritime University

    11 July 2013
    Business & Finance

    The International Maritime Organization (IMO) on Wednesday (10 July 2013) celebrated the 30th anniversary of the founding of the World Maritime University (WMU), which is based in Malmö, Sweden, with a special event which included speeches from the current and former WMU Chancellors and the WMU President. ”For 30 years, WMU has performed, and delivered, […]

  • In focus: Accelerating buildout of sustainable energy mix amid fossil fuel impasse

    15 September 2023
    Authorities & Government, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Equipment, Innovation, Project & Tenders, Transition

    Last week’s G20 summit in India concluded with mixed progress on environmental issues. The leaders hailed the ambitious new renewable energy goal to “pursue and encourage efforts to triple renewable energy capacity globally” by 2030. However, the gathering was marked with lingering disagreements and weak wording about phasing out fossil fuels.

  • Akastor Appoints New CEO

    16 July 2015
    Business & Finance

    Akastor ASA’s Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Røkke will succeed Frank O. Reite, who will take the position of Chief Financial Officer at Aker ASA. Kristian Røkke, who is currently Chairman of Aker Philadelphia Shipyard ASA (AKPS), and previously President & CEO of AKPS, will assume his new […]

  • Singapore: Otto Marine Extends its Specialized Offshore Services into North America

    25 June 2010
    Business & Finance

    Otto Marine Limited, a leading offshore marine Group which specializes in building complex offshore support vessels, ship chartering and offer specialized offshore services had expanded to the US market with Otto Marine’s wholly owned subsidiary, Surf Subsea Pte Ltd taking a 19.2% stake in the US based Joint Venture company, SURF Subsea Inc . SURF […]

  • RMC delivers LNG-powered Spirit of Tasmania IV to TT-Line

    12 September 2024
    Business Developments & Projects, Vessels

    Finnish shipbuilder Rauma Marine Constructions (RMC) has delivered Spirit of Tasmania IV, an LNG-powered car and passenger (RoPax) ferry, to Tasmanian TT-Line Company.

  • McDermott Lands New Bukit Tua Job

    21 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    One of McDermott’s subsidiaries has been awarded a transportation, installation and pre-commissioning contract by PC Ketapang II Ltd, a subsidiary of PETRONAS, for the Bukit Tua Development Project in the Ketapang block of East Java, Indonesia.  “McDermott is uniquely positioned to support the fast track nature of the Bukit Tua development that is critical to provide […]

  • Kongsberg Maritime Swings to Profit

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

    Kongsberg Maritime (KM) has reported third-quarter 2017 revenues at NOK 1.81 billion, relatively flat with NOK 1.85 billion in the corresponding period in 2016. Kongsberg’s largest business area has seen order intake in the quarter at NOK 1,67 billion, resulting in an accumulated order intake at quarter end of NOK 5,64 billion. For the first nine […]

  • Statoil and Petrobras in Brazil Alliance

    30 August 2016
    Business & Finance, Operations & Maintenance

    Statoil and Petrobras have signed memorandum of understanding (MoU) to strengthening their cooperation in Brazil. The intention of the MoU is to evaluate joint participation in future tenders for exploration areas and to increase upstream collaboration in producing fields in the Santos and Campos offshore basins. The agreement also sets out a potential framework for […]

  • Helix Energy Makes New Discovery (USA)

    17 July 2012
    Business & Finance, Operations & Maintenance

    Helix Energy Solutions Group announced an oil discovery at the Danny II exploration well at the Bushwood Field located in Garden Banks Block 506, approximately 145 miles offshore from Galveston, Texas. The Danny II exploration well encountered more than 70 feet of high quality net pay. Johnny Edwards, President of Energy Resource Technology GOM (ERT), […]

  • Secretary of State for Scotland Visits Technip Offshore Wind (UK)

    19 February 2013
    Business & Finance

    As part of a February tour, The Secretary of State for Scotland, Michael Moore visited Technip Offshore Wind’s Aberdeen headquarters to hear about current and upcoming Technip Projects and how the Company has adapted its Oil & Gas heritage to the development of award-winning, cutting-edge technology geared to providing safe, effective project delivery in the […]

  • 2H Offshore Secures Moho Nord Riser Delivery Contract

    2 July 2013
    Business & Finance, Equipment

    2H Offshore, an Acteon company, has recently been awarded a contract by Total for the delivery management of the TLP top tensioned riser (TTR) systems for its Moho Nord field development, offshore Congo. Located approximately 75km from Pointe-Noire and 25km west of N’Kossa in water depths ranging from 450 meters to 1,200 meters, the Moho […]

  • Nexans Bags Subsea HVDC Cable Contract in Canada

    15 January 2013
    Business & Finance, Equipment, Operations & Maintenance

    Nexans, a worldwide expert in the cable industry, has been awarded by Nalcor Energy a contract in excess of 80 million Euros for a submarine high-voltage direct current (HVDC) cable in the province of Newfoundland and Labrador, Canada. The contract includes the manufacture, supply and laying of approximately 100 km of subsea HVDC cable and […]