10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • 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.

  • 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.

  • Maersk and partners agree to develop methanol bunkering logistics in Singapore

    4 October 2022
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Transition

    Mitsui & Co., Ltd., Mitsui & Co. Energy Trading Singapore Pte. Ltd. (METS), Maersk Oil Trading, a part of A.P Moller – Maersk, and American Bureau of Shipping (ABS) have agreed to jointly conduct a detailed feasibility study of methanol bunkering logistics in Singapore. The participants intend to investigate the design of the bunkering vessel, […]

  • Switzerland: ABB Enters Top 50 Global Innovators List

    26 February 2013

    MIT Technology Review, the official science and technology journal of the Massachusetts Institute of Technology (MIT), named ABB to its 2013 list of top 50 global innovators. ABB, the leading power and automation technology group, was cited for a technology breakthrough in 2012 that solved a 100-year-old electrical engineering puzzle and paved the way for […]

  • McDermott Acquires Subsea Engineering Company DeepSea (UK)

    14 March 2013
    Business & Finance, Project & Tenders

    McDermott International, Inc. announced that certain of its subsidiaries have entered into an agreement in which McDermott has acquired all of the outstanding shares of the DeepSea operating companies. Terms of the purchase are not being disclosed. Headquartered in London, England, with engineering offices in Houston, Europe and Asia Pacific, DeepSea’s specialty services encompass subsea […]

  • 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 […]

  • USA: IMS Introduces Deep Digging Dredger

    3 May 2011
    Business & Finance, Equipment, Technology, Vessels

    IMS introduces the deep digging Depth Master 55 (DM-55TM) as the latest addition to is versatile dredge product line. The DM-55TM is IMS’s solution to making deep maintenance dredging and environmental dredging affordable. No longer will ports need to hire large commercial dredging outfits to do expensive deep maintenance dredging. Now they can invest in […]

  • BP: Indonesian Govt Approves Tangguh Expansion Plan

    2 November 2012

    Indonesia’s Ministry of Energy and Mineral Resources and oil and gas executive agency BPMIGAS have approved in principle the Plan of Further Development (POFD) for the expansion of the BP-operated Tangguh liquefied natural gas (LNG) project in Papua Barat province in eastern Indonesia. The approval was announced today by UK Prime Minister David Cameron in […]

  • Rosneft, ExxonMobil to Move on Next Planning Phase for LNG Project in Russian Far East

    24 June 2013

    Rosneft and ExxonMobil announced the achievement of several milestones under their 2011 Strategic Cooperation Agreement, including joint venture formation for the Kara Sea and Black Sea projects, and establishing foundations for joint ventures to explore seven other licenses in the Russian Arctic and to manage the joint West Siberia tight oil project. The companies have […]

  • Guyana: Drillship leaves contested waters

    4 August 2015
    Exploration & Production

    ExxonMobil has moved its drillship from the disputed waters offshore Guyana, where it recently made a significant oil discovery, triggering a maritime border spat between Venezuela and Guyana. According to reports, the Transocean-owned Deepwater Champion drillship which had been used for drilling at the Lisa-1 prospect where Exxon struck oil in May, has completed its operations and moved […]

  • Rosneft, ExxonMobil Achieve Several Milestones Under Strategic Cooperation Agreement

    24 June 2013
    Business & Finance, Project & Tenders, Research & Development

    Rosneft and ExxonMobil announced the achievement of several milestones under their 2011 Strategic Cooperation Agreement, including joint venture formation for the Kara Sea and Black Sea projects, and establishing foundations for joint ventures to explore seven other licenses in the Russian Arctic and to manage the joint West Siberia tight oil project. The companies have […]

  • US Ports Earmark USD 154.8 Bn for Port Infrastructure

    6 April 2016

    The United States ports plan to spend a whopping USD 154.8 billion on port-related infrastructure over the next five years, the 2016-2020 Port Planned Infrastructure Investment Survey conducted by the American Association of Port Authorities (AAPA) shows. The combined USD 155 billion investment that U.S. ports and their private sector partners are planning represents a more than three-fold […]

  • NCL’s Income Rises despite Hurricane Disruptions

    10 November 2017
    Business & Finance

    Miami-based cruise company Norwegian Cruise Line Holdings reported a rise in its third quarter earnings, despite disruptions caused by an active hurricane season during the period. NCL delivered a net income of USD 400.6 million in the three months ended September 30, against a net income of USD 342.3 million reported in the same quarter […]

  • Norwegian Cruise Line Remains Strong in Q3

    3 November 2015
    Business & Finance

    Norwegian Cruise Line Holdings Ltd reported an adjusted net income of USD 311.1 million for the quarter ended September 30, 2015. The cruise liner said that its adjusted EPS increased was 22 pct over prior year and was at the top end of the company’s guidance range, benefiting from solid net yield performance. On a […]

  • Finland: ClassNK, NAPA to Provide Best SEEMP Solution

    11 May 2012
    Business & Finance

    NIPPON KAIJI KYOKAI (ClassNK), the world’s largest ship classification society and NAPA, the leading software house for ship design and operations, today announced a collaboration to provide the most comprehensive solution for Ship Energy Efficiency Management Plan (SEEMP). The collaborative solution builds upon the in-depth understanding of ship performance in practice delivered by two world-leading […]

  • Environmental surveys start on Baltica 1 offshore wind farm

    16 September 2022
    Environment

    Poland’s PGE Baltica, a PGE Group company, has entered the stage of environmental surveys for the Baltica 1 offshore wind farm located approximately 80 kilometres from the Polish Baltic coast. The research will be carried out by a consortium of the Gdynia Maritime University and MEWO S.A., which will also prepare an environmental report and […]

  • ABS, HHI, KSOE to work together on green hydrogen production, CCS

    4 November 2021
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy, Research & Development, Transition

    US classification society ABS, South shipbuilder Hyundai Heavy Industries (HHI) and its parent company Korea Shipbuilding and Offshore Engineering (KSOE) have unveiled two joint development projects (JDPs) to develop decarbonization technologies to support global sustainability ambitions.

  • Finland: Wartsila Dual-Fuel Engines Exceed 3 Million Running Hours

    20 September 2011

    Wärtsilä’s dual-fuel engines have exceeded 3 million running hours in both land-based and marine applications. This milestone represents a dual-fuel technology track record that cannot be matched by any other engine manufacturer. Wärtsilä, a global leader in complete lifecycle power solutions for the marine and energy markets, is the recognised frontrunner in dual-fuel engine technology. […]

  • Finland: AGA to Supply LNG for Viking Line’s New Environmental Vessel

    21 February 2012
    Business & Finance

    Viking Line Abp has signed an agreement with AGA Gas AB on supplying liquefied natural gas (LNG) for Viking Line’s new passenger ferry, whose environmental profile symbolizes a new era in the shipping industry. “Viking Line’s and AGA’s investment in LNG represents major environmental advantages compared to traditional maritime fuel,” says Mikael Backman, President and […]

  • USA: Chart Industries Acquires AirSep Corporation

    24 July 2012

    Chart Industries, Inc., a leading independent global manufacturer of highly engineered equipment used in the production, storage and end-use of hydrocarbon and industrial gases, announced that it has entered into a definitive agreement to acquire AirSep Corporation for $170 million in cash and up to $10 million in assumed debt. The transaction also includes senior […]

  • Singapore: Keppel AmFELS Maintains Perfect Track Record with Second Rowan Rig

    30 August 2010

    Keppel AmFELS L.L.C., the U.S. wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), is on track to deliver the second of four EXL rigs to Rowan Drilling Companies, Inc. (Rowan) on time, within budget and with zero lost-time incidents. The rig, christened Rowan EXL-II last Friday, is scheduled for delivery on 31 August […]

  • USA: GDF Suez Inks Deal with Cameron LNG

    3 May 2012
    Project & Tenders

      Sempra Energy subsidiary Cameron LNG today announced it has signed a third and final commercial development agreement with a subsidiary of GDF SUEZ to develop the remaining liquefaction train planned at the site of the Cameron LNG terminal in Hackberry, La. With this agreement of 4 million tonnes per annum (Mtpa) with GDF SUEZ, […]

  • DeepFlex Closes Significant Funding Agreement (USA)

    6 September 2011
    Business & Finance, Operations & Maintenance

      DeepFlex, Inc., the world’s only manufacturer of premium all-composite flexible pipe used in challenging subsea oil and gas production environments, announced today that it has closed a significant funding agreement and completed a recapitalization to simplify its capital structure. AEM Capital of Rio de Janeiro, Brazil is the lead investor, with funding also provided […]