10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Teekay Tankers Pens Sale-Leaseback Deal for 7 Tankers

    17 May 2018
    Business & Finance

    Teekay Tankers has signed a term sheet for a sale-leaseback financing transaction for seven tankers.

  • SapuraOMV, Shell to sell offshore gas from SK408 block to Petronas

    6 September 2019
    Business & Finance

    Malaysia’s SapuraOMV, and Shell’s Malaysian subsidiary have reached agreements with Petronas for the sale of gas to be produced from the SK408 development offshore Malaysia.  SapuraOMV, formed through a recent deal between Malaysia’s Sapura Upstream and Austria’s OMV, said on Friday it had, together with partners  PETRONAS Carigali Sdn Bhd and Sarawak Shell Berhad have […]

  • Encana reports 1Q profit of $116M

    13 May 2014

    Canadian energy company Encana has reported a profitable first quarter of 2014, compared to a net loss recorded in the same period last year. The company’s 1Q 2014 net earnings were $116 million or $0.16 per share compared to a loss of $431 million for the same period last year; and operating earnings of $515 […]

  • CSA 2020: Quality Materials Essential in Scrubber Installations

    19 December 2019
    Rules & Regulation

    The quality of materials and coatings used is the most important factor in optimizing EGCS safety.

  • Finland: Wartsila DF Engines Exceed 3 Million Running Hours

    20 September 2011
    Business & Finance

      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 […]

  • Brazil: Transpetro Starts Construction of Rio Tiete Shipyard in Aracatuba

    14 September 2011

    Brazil’s President, Dilma Rousseff, took part in the laying of the cornerstone for the Rio Tietê Shipyard this Tuesday (13) in Araçatuba, São Paulo. Orders placed under Transpetro’s Promef Waterway program made the yard feasible. The program is a milestone in Brazilian ethanol logistics, as it will make widespread use of the Tietê-Paraná Waterway to […]

  • USA: Clean Energy Supports Proposed Federal Legislation That Would Expand Use of Gas Fuel for Transportation

    7 April 2011

    The NAT GAS Act of 2011, a bill introduced Wednesday in the U.S. House of Representatives, would provide increased support for the critical movement to deploy large numbers of natural gas vehicles (NGVs) in the United States, according to Clean Energy Fuels Corp. The bi-partisan-sponsored legislation — the New Alternative Transportation to Give America Solutions […]

  • GIB Pays GBP 240 Mln for 20% Stake in Sheringham Shoal’s Owner

    27 November 2014
    Business & Finance

    The UK Green Investment Bank (GIB) today announced a significant investment in the UK’s offshore wind sector. GIB is purchasing a 20 per cent stake from Statkraft and Statoil in Scira Offshore Energy Limited (Scira), the owner of Sheringham Shoal offshore wind farm, for an agreed valuation of £240m. The investment is part of a wider […]

  • Ørsted Builds US Offshore Wind Powerhouse

    8 October 2018
    Business & Finance, Project & Tenders

    Danish offshore wind developer Ørsted has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest in Rhode Island-based Deepwater Wind at a purchase price of USD 510 million.

  • PSA International, Tianjin Port Group Strengthen Cooperation (China)

    21 May 2012

    Tianjin Port Group (TPG) and PSA International (PSA) signed a Strategic Cooperation Framework Agreement on 18 May 2012 to strengthen ties and foster greater cooperation between the two organisations. The Agreement was signed by Mr Tian Chang Song, Group President, TPG and Mr Tan Chong Meng, Group CEO, PSA, in the presence of Mr Yu […]

  • Atlantic Shores,Rutgers University in Ocean Study Off Jersey

    10 June 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Atlantic Shores has entered into a Memorandum of Understanding (MOU) with Rutgers University to advance ocean research and monitoring that will support offshore wind development. The 5-year cooperative agreement term will initiate this summer and help to bolster on-going efforts at the Rutgers Center for Ocean Observing Leadership (RUCOOL). Together, Atlantic Shores and RUCOOL will […]

  • Trump, Juncker Agree to Hold Off Further Tariffs, Boost LNG Trade

    27 July 2018

    Junker and Trump agreed to work toward zero tariffs and boost trade relations, mainly of soybeans and LNG.

  • USA: Houston-Based DeepFlex Closes Significant Funding Agreement

    6 September 2011
    Business & Finance

    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 by […]

  • Sterling Discovers Gas Offshore Romania

    14 December 2012

    Sterling Resources Ltd. has made a gas discovery following the drilling of the Eugenia-1 well drilled in the Black Sea offshore Romania. The well reached a total measured depth (“MD”) at 2,276 metres (2,248 metres subsea). The preliminary log analysis indicates a total of 22 metres of gas-bearing Late Cretaceous sandstones, mainly within two intervals. […]

  • Songa Offshore Appoints New Directors

    11 January 2013
    Business & Finance, Equipment

    Songa Offshore SE, an international offshore drilling contractor, yesterday announced an extension of its Board of Directors with the appointment of two new independent directors,  Arnaud Bobillier (56) and Steven James McTiernan (61). The newly appointed directors have extensive experience of the international offshore drilling and exploration & production industries and financial markets. “As previously […]

  • Sovcomflot Reports Strong 2019 Earnings

    13 March 2020
    Business & Finance

    Russian shipping major Sovcomflot (SCF Group) managed to return to profit in 2019 – the first year of implementation of the company’s new strategy. The company reported a net profit of USD 225.4 million in 2019, compared to a net loss of USD 45.6 million seen a year earlier. Revenues rose by 9.6 percent to […]

  • China: Wartsila Successfully Starts up Its New 6-Cylinder RT-Flex48T Engine

    1 December 2011

    Wärtsilä, the marine industry’s leading solutions provider, successfully started up its new 6-cylinder Wärtsilä RT-flex48T engine on 24 November 2011 at the facilities of Wärtsilä licensee QMD (Qingdao Qiyao Wärtsilä MHI Linshan Marine Diesel Co Ltd.) in China. The new engine is designed to power small bulk and tanker vessels. The flex common-rail technology lowers […]

  • BizMDOSW: Offshore wind market ripe for U.S. tech surge (Interview)

    12 November 2018

    The United States has a lot to offer on the digitization of offshore wind, especially regarding artificial intelligence which can make the supply chain more efficient and potentially speed up the permitting and siting processes, Liz Burdock, President and CEO of the Business Network for Offshore Wind, said in an interview with Offshore WIND.

  • Renewables and LNG are future of Hawaii energy

    27 August 2014

    Hawaiian Electric Company, a wholly-owned subsidiary of Hawaiian Electric Industries proposed plans for Hawaii’s energy future that will lower electric bills, give customers more service options and nearly triple the amount of distributed solar while achieving the highest level of renewable energy in the nation by 2030. The companies’ planned state-of the-art electric systems for […]

  • Aker Philadelphia Shipyard Christens New Tanker, USA

    31 January 2013

    Crowley Maritime Corporation christened its newest tanker, Florida, yesterday, January 30, at the Aker Philadelphia Shipyard and will soon put the 330,000-barrel ship to use in the U.S. Gulf for a major energy customer. This U.S.-flag vessel is the second of two American built, operated and crewed tankers Crowley purchased last year from Aker. More […]

  • SAL Fit to Challenge Offshore Installation Market

    17 September 2015
    Business & Finance, Equipment, Operations & Maintenance

    Germany’s SAL Heavy Lift is a well known specialist in sea transport of heavy lift and project cargo.  Not too long ago the company launched a subsidiary SAL Offshore B.V. to focus on developing and delivering offshore installation solutions for the oil & gas and renewables sectors. By adding MV Svenja and MV Lone to the fleet, […]

  • ABB to equip 10 COSCO Shipping’s boxships with shaft generators

    25 November 2022
    Business & Finance, Business Developments & Projects, Equipment, Green Marine, Regulation & Policy, Rules & Regulation, Technology, Vessels

    Swiss-based technology developer ABB has secured a breakthrough contract with the shipyard COSCO Shipping Heavy Industry (Yangzhou) to equip ten China COSCO Shipping Corporation Limited’s container vessels with its permanent magnet shaft generator systems. Due for delivery by the end of 2025, the order comprises systems for six 14,000TEU vessels and four 16,000TEU vessels. The […]

  • Lhyfe reveals plan for 200MW hydrogen plant in Netherlands

    6 October 2022
    Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition

    French green and renewable hydrogen producer Lhyfe plans to develop 200 MW plant in Delfzijl, Netherlands, as part of its ambition to establish decentralized hydrogen ecosystems of various plant sizes throughout Europe. According to Luc Grare, head of Central and Eastern Europe at Lhyfe, Delfzijl is an ideal location for renewable green hydrogen production as […]

  • Construction begins on JDR’s new subsea cable factory

    8 November 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    JDR Cable Systems has begun the construction of its new subsea cable manufacturing facility in Cambois, near Blyth, Northumberland. The 69,000 sqm factory is set to deliver subsea cable manufacturing technology to the offshore wind market and is currently providing 171 local jobs for the construction phase of the project. When complete, the facility will include a […]

  • Avenir LNG’s CEO steps down

    13 November 2023
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    UK-based small-scale LNG company Avenir LNG has informed that its chief executive officer, Peter Mackey, will be stepping down from his position. On November 13, Avenir LNG revealed this management change, explaining that Mackey will remain with the company until the end of the first quarter of 2024 to support the leadership transition. The company added […]