10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • AGR Awarded P1 Software Contract by Sakhalin Energy

    7 April 2014
    Business & Finance, Equipment, Project & Tenders

    Global oil and gas service provider AGR announced that its software solutions division had signed its first contract with Sakhalin Energy. The three-year deal includes the latest version of its P1™ software, as well as maintenance and support services. This software allows operators to maximise performance during well-construction projects. AGR relaunched P1™ Version 4.0 last […]

  • Murphy Oil hires subsea firms for Dalmatian field work

    5 December 2016

    U.S. oil firm Murphy Oil has ordered a multiphase boosting system for its Dalmatian offshore development in the U.S. Gulf of Mexico. The system will be supplied by Subsea Integration Alliance, a company formed in 2015 by OneSubsea, Schlumberger, and Subsea 7. According to Subsea Integration Alliance, the award marks industry’s first deepwater integrated subsea […]

  • Lundin’s new credit facility to fund Johan Sverdrup development through to first oil

    2 February 2016

    Lundin Petroleum, an oil and gas exploration and production company, has entered into a committed seven-year senior secured revolving credit facility of up to $5 billion, with an initial committed amount of $4.3 billion. Lundin said that this senior secured facility would provide the financial flexibility to fund Lundin’s interest in the Johan Sverdrup project […]

  • KCA Deutag wins BP contracts worth up to $1 billion

    17 December 2015
    Business & Finance

    A drilling and engineering contractor, KCA Deutag has secured two contracts with BP in Azerbaijan. These contracts have a combined value of approximately $360m for the initial contract or $1bn including all options. The first contract has been awarded to KCA Deutag’s offshore division and is for the operations and maintenance of seven platforms operated by […]

  • Malaysia: Petronas Selects GE’s Compressor Technology for Its FLNG Project

    25 September 2012
    Business & Finance, Equipment

    GE Oil & Gas announced that it will supply its gas turbine-driven compressor train technology to Malaysia’s national oil and gas company Petronas for a floating liquefied natural gas (FLNG) facility that is being developed off the coast of Malaysia. The start-up of the FLNG facility is scheduled for the fourth quarter of 2015. It […]

  • ONGC Eyeing More Oil & Gas Assets in Vietnam

    27 November 2013
    Business & Finance

    India’s ONGC Videsh has signed Memorandum of Understanding with Petrovietnam (PVN) to promote the joint cooperation in hydrocarbon sector in Vietnam, India and other countries.   The MOU signing was witnessed by Prime Minister of India and Secretary General of Communist Party of Vietnam .The MOU was signed by D.K. Sarraf, CEO & MD of […]

  • InterMoor Receives DNV’s Mooring Chain Inspection Certification (USA)

    18 June 2013
    Business & Finance, Equipment

    InterMoor Inc., an Acteon company, has extended its capabilities and service range by becoming the first US-based company to achieve certification under Det Norske Veritas (DNV) 413: Service Suppliers Engaged in Renewal Survey Examination of Mooring Chain Intended for Mobile Offshore Units. This means that InterMoor Inc. can now inspect, certify and recertify mooring chains […]

  • BOEM Awards Saratoga with 4 GoM Blocks

    8 July 2013
    Business & Finance

    Saratoga Resources, Inc. (NYSE MKT: SARA; the “Company” or “Saratoga”) today announced that it has been awarded four leases in the shallow waters of the Central Gulf of Mexico by the U.S. Bureau of Ocean Energy Management. The four lease blocks cover a total of 19,814 acres on a net and gross basis, and are […]

  • MOL, DSME Secure AIP for ‘Cryo-Powered’ Regas System for FSRUs

    4 March 2020
    Business & Finance

    MOL, DSME get AIP for Cryo-Powered Regas system for FSRUs.

  • OTC 2014: Wild Well, Check-6 developing well control training

    5 May 2014
    Equipment

    In a press conference during the 2014 Offshore Technology Conference, Wild Well announced a joint agreement with Check-6 to develop the next generation of well control training for the oil and gas industry. The partnership will result in a new standard of training by providing the industry with access to the most advanced computer based […]

  • USA: Diamond Offshore Secures Long Term Contracts for its New-Build Drillships

    17 May 2011
    Business & Finance

      Diamond Offshore Drilling, Inc.  today announced that a subsidiary of the Company has entered into two term drilling contracts with Anadarko Petroleum Corporation. The contracts, which will utilize Diamond Offshore’s two new-build drillships now on order, are expected to generate combined maximum total revenue of approximately $1.8 billion and represent 10 years of contract […]

  • Australia: Clough to Appoint New CEO in August

    23 June 2011
    Business & Finance

      Engineering and construction company Clough Limited today announced Kevin Gallagher will be appointed to succeed John Smith as Chief Executive Officer of Clough. Mr Gallagher will take up his appointment with Clough towards the end of August. Mr Gallagher brings 20 years experience in oil and gas operations, including 13 years experience with Woodside […]

  • Total Buys Stake in Three Licenses Offshore Ivory Coast

    17 February 2012
    Business & Finance

    French supermajor Total has signed production sharing agreements with the Côte d’Ivoire state and national oil company Petroci for three new ultra-deep offshore licenses. Total will operate the CI-514 license with a 54% interest, in partnership with Canadian Natural Ressources International (36%) and Petroci (10%). Total will also hold a 45% interest in the CI-515 […]

  • USA: Hornbeck Offshore Expands BoD

    16 February 2012
    Business & Finance

    Hornbeck Offshore Services,  a company which has recently entered one of the largest newbuild programs in the market of offshore vessels, announced yesterday that Nicholas L. Swyka has been appointed to its Board of Directors (the “Board”), effective February 14, 2012. In connection with Mr. Swyka’s appointment, the size of the Board was increased from […]

  • Rolls-Royce to Convert Bergen Viking Engines from Diesel to Natural Gas (Norway)

    5 June 2013
    Business & Finance

    Rolls-Royce Plc has won a contract to convert the merchant ship Bergen Viking to run on engines powered by natural gas, replacing the current diesel engines. The Norwegian ship owner Bergen Tankers AS has chosen gas engines and accompanying systems from Rolls-Royce for this upgrade, to provide a more environmental friendly and fuel efficient ship. […]

  • DMAIB: Series of Events Led to Sinking of Two Maersk OSVs

    1 September 2017
    Business & Finance

    Denmark’s investigation into the sinking of two Maersk offshore supply vessels in December 2016 showed that the incident emerged from a unique conjunction of events and circumstances. The Danish ships Maersk Searcher and Maersk Shipper capsized on the night between December 21 and 22, 2016, and sank in the Bay of Biscay some 65 nautical […]

  • OSG Earns Less amid Weakening Spot Markets

    9 August 2017
    Business & Finance

    NYSE-listed Overseas Shipholding Group (OSG) has delivered lower earnings in the second quarter of 2017 mainly due to weakening spot markets. The company’s net income was at USD 3.2 million for the quarter ended June 30, 2017, compared to USD 29.8 million for the quarter ended June 30, 2016. Shipping revenues were USD 96.2 million for […]

  • Moody’s Outlook on Global Shipping Sector Stays Negative

    24 June 2016
    Business & Finance

    As the shipping industry is expected to see its earnings worsen, while freight rates are likely to remain “depressed amid ample supply,” the outlook for the global shipping industry over the next 12-18 months is negative, according to Moody’s rating agency. The aggregate EBITDA of Moody’s-rated shipping companies is expected to drop by 7%-10% in 2016, Moody’s Vice President and Senior Analyst, Mariko […]

  • New IACS Chairman Pinpoints Top Priorities

    15 September 2015
    Business & Finance

    ABS Chairman, President and CEO Christopher J. Wiernicki has set out goal-based standards, cyber system safety, and quality to be the areas he will focus on as incoming chairman of The International Association of Classification Societies (IACS). The IACS strategic plan has been designed to address both the current and future needs of the shipping industry […]

  • Port of Antwerp Wants a Piece of ‘One Belt One Road’

    6 July 2015
    Business & Finance

    Port of Antwerp is setting up a “One Belt One Road” taskforce within the Port Authority as it sets its sights on becoming an integral part of the Chinese development strategy.   The strategy was launched at the end of 2013 and focuses on connectivity and cooperation among countries primarily in Eurasia. It has two main components, namely the […]

  • Statoil Submits Fast-Track Development Plan for Katla (Norway)

    2 May 2011

      Statoil has submitted a plan for development and operation (PDO) for the Katla discovery in the North Sea to the Norwegian Ministry of Petroleum and Energy. Total investments are estimated at NOK 5.4 billion in current NOK. The Katla discovery was proven in March 2009, and is situated 13 kilometres south-west of the Oseberg […]

  • Clough Names Kevin Gallagher as CEO (Australia)

    23 June 2011

    Engineering and construction company Clough Limited today announced Kevin Gallagher will be appointed to succeed John Smith as Chief Executive Officer of Clough. Mr Gallagher will take up his appointment with Clough towards the end of August. Mr Gallagher brings 20 years experience in oil and gas operations, including 13 years experience with Woodside Energy, […]

  • USA: Clean Energy Gets USD 150 Million in Investments

    30 December 2011

    Focused on supporting natural gas fueling in North America, investors, including Boone Pickens, have invested a total of $150 million in Clean Energy Fuels Corp., North America’s leading provider of natural gas fuel for transportation. The investments resulted from the exercise of Mr. Pickens’ warrants to purchase 15 million shares of the company’s common stock […]

  • Chile: ENAP Reorganizes Top Management

    26 April 2012

    As of April 16th, 2012, ENAP’s CEO, Ricardo Cruzat Ochagavía, announced that Empresa Nacional del Petróleo, ENAP, has decided to reorganize its top management in order to adjust its structure to the new scenario faced by the company by optimizing its business areas. From this date, the refining, logistics and commercialization business will be concentrated […]

  • KBR CEO to Retire

    16 December 2013

    KBR announced that William P. “Bill” Utt will retire from his role as Chairman, President and Chief Executive Officer in 2014. The Board of Directors has formed a search committee to identify his successor. To ensure a smooth transition, Mr. Utt will continue to lead KBR in his current positions until a new CEO is […]