10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Woodmac: Five offshore wells to watch in 2019

    4 February 2019
    Exploration & Production

    Latin America and southern and western Africa are the regions to keep a close eye on, energy intelligence group Wood Mackenzie said in its analysis on Monday, also sharing the top five offshore exploration wells expected to be drilled in 2019. One of them could potentially hold 5 billion barrels.

  • Endeavour Reports 4Q Net Loss

    5 March 2014
    Business & Finance

    Endeavour International Corporation has reported fourth quarter 2013 net loss, as adjusted of $24.7 million compared to a net loss, as adjusted of $7.7 million for the same period in 2012. On a GAAP basis, net loss for the fourth quarter was $27.7 million as compared to net loss of $6.5 million for the same […]

  • Interview: Jones Act decision is not only disappointing – it is alarming, OMSA CEO says

    25 May 2017

    U.S. Customs and Border Protection recently withdrew its proposed changes to the Jones Act that would have deemed foreign flagged vessels banned from operation in the U.S. waters. The Jones Act, passed in 1920, prevents foreign-flagged ships from shipping merchandise between points in the United States. The U.S. Customs and Border protection had in mid-January […]

  • HD Hyundai arms clinch ‘world’s first’ technology validation for brand-new electric propulsion system

    8 August 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Innovation, Regulation & Policy, Rules & Regulation, Technology, Vessels

    HD Hyundai affiliates, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI), have secured the ‘world’s first’ New Technology Qualification (NTQ) from classification society American Bureau of Shipping (ABS) for its ‘next-generation’ electric propulsion solution. Per ABS, the solution in question is a breakerless medium-voltage direct current (MVDC) power system […]

  • IMO Members Agree on 50 Pct GHG Emissions Cut

    13 April 2018
    Rules & Regulation

    IMO member states agreed to require the shipping sector to reduce its emissions by at least 50 pct.

  • TEN Reports Lower Profit, Gears Up for Newbuild Deliveries

    1 June 2016
    Business & Finance

    Greek tanker owner and operator Tsakos Energy Navigation Limited (TEN) posted a net income of USD 25.4 million in the first quarter of 2016, down from last year’s USD 37.2 million amid less operating days due to scheduled drydockings. Namely, three suezmaxes were sent to drydocking in order to install necessary regulatory upgradings, losing 121 operating days in Q1, which equals […]

  • Infill drilling campaign off Malaysia almost done, but four more wells may be on the cards

    13 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Jadestone, which is in the process of wrapping up its infill drilling program offshore Malaysia, is contemplating another four-well campaign.

  • Canada: Encana to Buy 30 Percent Interest in Kitimat LNG

    18 March 2011
    Project & Tenders

      Encana Corporation has agreed to acquire a 30 percent interest in the planned Kitimat liquefied natural gas (LNG) export terminal, located on the west coast of central British Columbia, and the associated natural gas pipeline. This proposed Kitimat LNG export development is intended to open tremendous new market opportunities in the Asia-Pacific region for […]

  • Thousands of cruise ship crew members stranded at sea

    3 April 2020
    Human Capital

    Thousands of seafarers employed on cruise ships are still stranded at sea as ports deny vessels the permission to dock and carry out crew changes amid restrictive measures adopted to contain the spread of the coronavirus. The International Transport Workers’ Federation (ITF) estimates that around 314 out of 385 cruise ships that are owned and […]

  • US administration urged to stave off drilling in Carolinas’ outer shelf

    18 June 2025
    Business Developments & Projects, Environment, Project & Tenders, Regulation & Policy

    Two governors, one from North Carolina and one from South Carolina, have sent a joint letter to the United States’ administration to remove the two states’ outer continental shelf lands from consideration in the upcoming 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program.

  • Dubai Maritime City, Shell Pen LNG MoU

    17 September 2013

    Dubai Maritime City, the world-class international maritime cluster that provides a plethora of opportunities to the maritime business today announced that it has signed an MOU with leading international energy services provider Shell to explore the diverse business options related to promoting alternative sources of energy such as Liquefied Natural Gas (LNG). The primary focus […]

  • DMC and Shell to Explore Future Business Opportunities in Alternative Energy

    17 September 2013
    Business & Finance

    Dubai Maritime City, the world-class international maritime cluster that provides a plethora of opportunities to the maritime business today announced that it has signed an MOU with leading international energy services provider Shell to explore the diverse business options related to promoting alternative sources of energy such as Liquefied Natural Gas (LNG). The primary focus […]

  • China, Australia Conclude Free Trade Agreement

    18 November 2014

    Australia and China have signed a Declaration of Intent on China-Australia Free Trade Agreement having concluded negotiations yesterday in Canberra. The declaration was signed yesterday afternoon by Australian Trade and Investment Minister Andrew Robb and Chinese Commerce Minister Gao Hucheng thus laying the groundwork for preparation of the legal texts in both languages for signature in 2015. […]

  • TE SubCom and Alcatel-Lucent Extend Maintenance Services for Undersea Cables in Northern Pacific

    21 September 2011
    Business & Finance, Operations & Maintenance

      TE SubCom, a TE Connectivity Ltd. company, and Alcatel-Lucent announced a significant expansion to their joint maintenance program for submarine optical communication links throughout the Pacific basin. The Pacific End-to-End Maintenance Solution boosts the companies’ ability to maintain and repair undersea cables in the northern Pacific region, to support current telecommunications clients and other […]

  • Statoil Presents Perspectives on Its Oil and Gas Operations on NCS

    20 June 2013
    Business & Finance, Operations & Maintenance, Research & Development

    This week, Statoil presents perspectives on its oil and gas operations on the Norwegian continental shelf. The company is on track to fulfil its ambition of producing more than 1.4 million barrels per day in Norway in 2020. The perspectives are presented in connection with the company’s site visit for investors and analysts at the […]

  • Trump looking to loosen safety rules for Arctic Ocean drilling

    20 November 2020
    Authorities & Government, Environment, Exploration & Production, Infrastructure, Regulation & Policy

    In a last-ditch effort to open up more acreage for offshore drilling, the Trump administration proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off Alaska.

  • Four Enterprise Areas for Scotland

    22 January 2012

    Four enterprise areas are to be created in Scotland with an emphasis on some of our most dynamic industries with the greatest potential to create new employment opportunities, stimulate private investment and boost economic growth. Finance Secretary John Swinney announced the 14 sites on a visit to GlaxoSmithKline in Irvine, which will form part of […]

  • Valeura racks up a trifecta of oil & gas discoveries offshore Thailand

    15 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Valeura Energy has pulled off a hat trick in the Gulf of Thailand by making three new offshore oil discoveries during its drilling campaign.

  • Boost in borrowing capacity, enables ‘significant’ liquidity for Jadestone ahead of gas project start-up

    9 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Jadestone Energy has confirmed the end of a bi-annual redetermination process for its $200 million reserve-based lending (RBL) facility.

  • Update: OPEC+ agrees on output cuts. ‘Iran exempted’

    7 December 2018

    The Organization of Petroleum Exporting Countries has struck a deal with its Russia-led allies to cut production by 1.2 million barrels a day, in order to bring up oil prices.

  • ABS gives nod for cylindrical FLNG by Sevan

    11 November 2014
    Equipment, Infrastructure

    ABS, a provider of classification services to the global offshore industry, has granted approval in principle (AIP) for the Sevan cylindrical floating LNG (FLNG) production unit concept for offshore production, storage and transfer of LNG, LPG and condensate. The next generation FLNG design concept is based on the proven circular and geostationary Sevan FPSO design, […]

  • SLB picks up job with Petrobras for up to 35 wells in Brazilian waters

    25 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    U.S.-headquartered technology player SLB has secured a multi-well ultra-deepwater assignment off the coast of Brazil, which will enable the country’s state-owned energy giant Petrobras to scale up its oil and gas production and overall performance.

  • Petroleum Corporation of Jamaica Grants Exploration Period Extension to Sagres Energy

    26 April 2011
    Business & Finance

      Sagres Energy Inc., an international oil and gas exploration company with an exploration portfolio in Guyana, Colombia and Jamaica, announced today that the Petroleum Corporation of Jamaica (PCJ) has approved a 9 month extension of the Initial Exploration Period on Sagres’ offshore blocks 9, 13, and 14. The Initial Exploration Period, Phase 1 will […]

  • Anadarko to Raise 2012 Capex (USA)

    13 March 2012

    Anadarko Petroleum Corporation announced its 2012 capital program and guidance, and the highlights of its Investor Conference to be held today. Anadarko Investor Conference Highlights — Resolved Algeria exceptional profits tax (TPE) dispute with Sonatrach — Achieved first oil at the deepwater Gulf of Mexico Caesar/Tonga development — Confirmed tremendous productivity via successful flow test […]

  • Singapore: Hallin Marine Names its New Vessel -SOV Windermere-

    15 June 2010

    Hallin’s CEO John Giddens: ‘The SOV Windermere will allow Hallin to remain competitive in the most challenging market conditions that have existed for many years.’ Hallin has named its new subsea operations vessel Windermere at a glittering ceremony in Singapore attended by clients, staff and suppliers. The naming of the vessel was carried out by […]