10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • UVic bags Innovation grant for two research projects

    13 October 2017
    Research & Development

    Two University of Victoria projects with the potential to change how the world interprets the forces of nature have taken a major step toward being realized with the Canada Foundation for Innovation announcement of $6.3 million in funding support. UVic Earth and Ocean Sciences professor Jody Klymak and West Coast Wave Initiative Director Brad Buckham, a […]

  • Eni, Rosneft Join Forces to Explore Off Russia

    25 April 2012

      Today, Eni CEO Paolo Scaroni and Rosneft President Eduard Khudainatov, signed a strategic cooperation agreement in the presence of the Prime Minister of the Russian Federation Vladimir Putin, which provides for the joint development of the licenses in the Black Sea and the Barents Sea on the Russian shelf, the exchange of technologies and […]

  • UK: Parker Hannifin Corporation Acquires Olaer Group

    18 July 2012
    Business & Finance

    Parker Hannifin Corporation, the global leader in motion and control technologies, yesterday announced that it has successfully completed its previously announced agreement to acquire the Olaer Group headquartered in Deeside, United Kingdom. Terms of the transaction were not disclosed. The Olaer Group has annual sales of approximately 150 million Euros ($200 million) and 550 employees. […]

  • Norway: Statoil Gets Green Light for Hyme Development

    30 June 2011
    Business & Finance

    Just six weeks after the plan for development and operation (PDO) for Hyme (ex-Gygrid) was submitted on 12 May, the Norwegian Ministry of Petroleum and Energy (MPE) has given the green light. First oil is scheduled for the first quarter of 2013. The approval was given the same day as Norwegian petroleum and energy minister […]

  • Douglas-Westwood Forecasts Strong Growth for Global Subsea Hardware Market

    26 May 2014
    Business & Finance, Research & Development

    Douglas-Westwood (DW) forecasts global subsea hardware Capex will total $117 billion (bn) between 2014 and 2018 in its 4th edition of the World Subsea Hardware Market Forecast. This represents growth of more than 80% compared with the preceding five-year period. In 2013, subsea tree installations were lower than expected with delays in crucial projects off […]

  • USA: Bee Mar’s PSV M/V Bumble Bee Starts Operations in Gulf of Mexico

    17 May 2010

    Bee Mar LLC announced recently that its latest DP-2 U. S. Flag Platform Supply Vessel (PSV), the M/V Bumble Bee, completed sea trials and entered service in the U.S. Gulf of Mexico. The announcement was made by Bee Mar president and chief executive officer Van C. DeWitt, who added, “The M/V Bumble Bee is a […]

  • KADME Expands its Presence in Brazil

    2 May 2013
    Business & Finance, Equipment

    KADME, a leading provider of information management software and services to the oil and gas industry, has signed a contract with IesBrazil to broaden its presence in Brazil. KADME and IesBrazil will present this new partnership at the 13th International Congress of the Brazilian Geophysical Society, taking place this August in Rio de Janeiro, Brazil. […]

  • USA: Anadarko Reports 2Q Net Loss

    31 July 2012

    Anadarko Petroleum Corporation announced a second-quarter 2012 net loss attributable to common stockholders of $380 million. These results include certain items typically excluded by the investment community in published estimates. In total, these items decreased net income by approximately $804 million on an after-tax basis. Cash flow from operating activities in the second quarter of […]

  • Douglas-Westwood: $117B to be spent on subsea systems by 2018

    29 May 2014

    Douglas-Westwood (DW) forecasts global subsea hardware Capex will total $117 billion (bn) between 2014 and 2018 in its 4th edition of the World Subsea Hardware Market Forecast. This represents growth of more than 80% compared with the preceding five-year period. In 2013, subsea tree installations were lower than expected with delays in crucial projects off […]

  • Atlantic Grid Development Assigns Teshmont to Engineer Atlantic Wind Connection Project (USA)

    17 January 2011

    Teshmont is very pleased to announce that it has been selected by Atlantic Grid Development (AGD) to be the Owner’s Engineer for the Atlantic Wind Connection (AWC) Project. The AWC project involves the development of an offshore high voltage direct current (HVDC) undersea cable transmission backbone that will facilitate the connection of up to 6,000 […]

  • CHC expands fleet by 30 after taking over Babcock’s offshore business

    1 September 2021

    Helicopter services provider CHC Helicopter has completed its acquisition of Babcock International’s offshore oil and gas aviation business.

  • Chevron Deepwater Gas Project in Indonesia Enters Design Phase

    2 December 2010

    Chevron Corporation today announced the award of major front-end engineering and design (FEED) contracts for the Gendalo-Gehem natural gas development in East Kalimantan, Indonesia. The Chevron-operated Gendalo-Gehem project is located in the Makassar Strait offshore East Kalimantan in water depths of approximately 6,000 feet. The project will include two separate hub developments, each with its […]

  • Chevron: Platong II Produces Natural Gas (Thailand)

    24 October 2011
    Business & Finance

    Chevron Corporation announced today that its Thailand subsidiary has commenced natural gas production from the Platong II project in the Gulf of Thailand. The $3.1 billion project is expected to ramp up production to 330 million cubic feet per day. The natural gas will feed growing demand for energy in Thailand, increasing the country’s domestic […]

  • CGGVeritas Announces Activities Update (France)

    9 January 2013
    Business & Finance

    CGGVeritas provides its vessel utilization, multi-client sales and free cash flow updates for the fourth quarter and for the full year 2012. Vessel Utilization Rates – For the fourth quarter 2012, The vessel availability rate was 93%. This compares to a 93% availability rate in the third quarter of 2012 and an 81% rate in […]

  • Chevron Starts Gas Production from Platong II Project Off Thailand

    25 October 2011

    Chevron Corporation announced that its Thailand subsidiary has commenced natural gas production from the Platong II project in the Gulf of Thailand. The $3.1 billion project is expected to ramp up production to 330 million cubic feet per day. The natural gas will feed growing demand for energy in Thailand, increasing the country’s domestic production […]

  • Singapore: GO Marine Orders Two Newbuild AHTS from Otto Marine

    9 September 2011
    Business & Finance

    Otto Marine Limited, , a leading offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers specialised offshore services, announces today that it has secured newbuild orders for two units of 12,000bhp AHTS worth US$38.5 million each from Go Marine Group Pty Ltd (“Go Marine”) (Otto Marine holds 19.0% equity […]

  • Nexans to supply umbilical for Woodside’s Greater Enfield project

    25 July 2016
    Business & Finance, Equipment

    Nexans, a supplier of cables and umbilicals for the oil and gas industry, will deliver umbilical and accessories to OneSubsea for a project offshore Australia.  Nexans said on Monday that OneSubsea ordered the umbilical, that is 32 km long and combining power, signal and steel tubes, to develop Woodside’s Greater Enfield development off the coast of Exmouth, […]

  • Havyard to Deliver Another PSV to Faroe Islands

    22 November 2011
    Business & Finance

    The Herøy-based company has signed a contract with Supply Service for delivery of a vessel of Havyard 832 L design to the Faroe Islands and shipowner Tummas Justinussen. This will be the fourth ship of a Havyard design heading to the Faroe Islands and it is the third Supply Service vessel being built at Havyard`s […]

  • YPF, ENARSA and Excelerate Energy Open Second LNG Import Facility in Argentina

    17 June 2011

    With President Cristina Fernández de Kirchner present to honor the opening of Argentina’s second LNG import facility, a joint development between YPF S.A., ENARSA and Excelerate Energy, GNL Escobar (GNLE) was officially open for business on June 8, 2011. Located on the Paraná River, about 30 miles outside Buenos Aires City, GNLE utilizes Excelerate Energy’s […]

  • McDermott in Safaniya EPCI Deal with Saudi Aramco

    21 November 2017
    Operations & Maintenance, Project & Tenders

    McDermott International has confirmed a major contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Safaniya onshore and offshore field. According to McDermott, a major contract is in range between USD 750 million and USD 1,500 million. The contract, awarded under the existing long-term agreement with Saudi Aramco, includes […]

  • Statoil Confirms New Discovery in Gullfaks Area (Norway)

    4 January 2012
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil’s drilling of the Skinfaks South well in the North Sea has been completed and the estimated volume is between 1.9 and 6.9 million barrels of oil equivalents. This is the fourth infrastructure-near discovery in the Gullfaks area in a 10 month period. Light oil has been confirmed in Middle Jurassic reservoir rocks (Brent group) […]

  • Keel-laying Ceremony of Frigate Admiral Makarov at JSC Yantar Shipyard, Russia

    29 February 2012

    Festive keel-laying ceremony of frigate Admiral Makarov will take place at JSC Yantar Shipyard (affiliate of United Shipbuilding Corporation) on Feb 29. This is the third ship in the series built by the shipyard for Russian Navy since 2010. In accordance with two contracts tied with Russian Defense Ministry, Yantar Shipyard will build six Project […]

  • Australia: Austal Names Second Cape Class Patrol Boat

    1 May 2014
    Business & Finance

     The second-in-series Cape Class Patrol Boat was named Cape Byron during a ceremony held at Austal’s Henderson shipyard in Western Australia on April 28, Austal Limited announced. The vessel was launched at Austal’s Henderson shipyard in January 2014 and has since undergone final fit out and sea trials, with final crew familiarisation to be completed […]

  • Cal Dive Wins Two Additional Pemex Contracts

    15 May 2013
    Business & Finance, Operations & Maintenance

    Cal Dive International, Inc. announced that it has been awarded two additional contracts from Pemex Exploración y Producción that are expected to generate combined total revenues of approximately $188 million. The first contract is for the procurement, installation and commissioning of 47 kilometers of 20 inch subsea pipeline and associated tie-ins to an existing platform. […]

  • SPE Aberdeen Section Names New Chairman

    3 December 2015
    Business & Finance

    The Society of Petroleum Engineers (SPE) Aberdeen Section Board has elected Ian Phillips, chief executive of the Oil and Gas Innovation Centre (OGIC), as its new chairman. Phillips assumes the position from Shankar Bhukya, who has stepped down ahead of a move to Singapore. Ian Phillips, an MBA qualified Chartered Petroleum Engineer, has held positions including […]