10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Equinor sets new carbon intensity reduction targets

    5 March 2020

    Norwegian energy company and LNG player Equinor has launched its new climate roadmap aiming to reduce the net carbon intensity of energy produced by at least 50 percent by 2050. 

  • Pacific Oil and Gas set to acquire Canbriam Energy

    14 May 2019

    Pacific Oil and Gas (PO&G) has signed definitive documents for the acquisition of all issued and outstanding shares of Canbriam Energy.

  • Norway: CGGVeritas Eidesvik Ship Management Names General Manager

    7 December 2011
    Business & Finance

    CGGVeritas and Eidesvik Offshore ASA have confirmed that Arnstein Øvsthus has been appointed as General Manager of their ship management joint venture, CGGVeritas Eidesvik Ship Management AS. Arnstein Øvsthus will take up his duties on 1st February 2012. With over 30 years of wide-ranging experience in the offshore and shipping industries, Arnstein Øvsthus brings a […]

  • ITF: Panama a Tax Haven as FOC Flag Country

    7 April 2016

    Revelations of tax avoidance and related activities, mentioned in the leaked Panama Papers this week, could lead to a change in the current climate of tacit approval for this kind of “socially damaging behaviour”, the International Transport Workers’ Federation (ITF) said. An example of such tax evasions is flag of convenience (FOC) shipping, which states that a vessel owned in one […]

  • Ronald D Widdows of Rickmers Joins Annual International Maritime Hall of Fame

    13 May 2013
    Business & Finance

    Ron Widdows, CEO, Rickmers Group and Rickmers-Linie, has been inducted into the Annual International Maritime Hall of Fame in recognition of his outstanding contribution to the global maritime industry. He was one of only six people awarded the honour in a ceremony in New York on 8 May 2013 at a dinner attended by 400 […]

  • VT Halter Marine Christens 17th ATB for Crowley

    6 May 2013

    Eleven years after the launch of its first Articulated Tug-Barge (ATB), Crowley Maritime Corporation has christened its 17th ATB, the Liberty/750-3, at the VT Halter Marine Shipyard in Pascagoula, Miss. The tugboat and 330,000-barrel petroleum tank barge are the final vessels to be built in a more than $1 Billion, decade-long ATB construction program undertaken […]

  • Port of Los Angeles Peels Off Container Backlog

    10 March 2015

    The Port of Los Angeles has launched a new program aimed at expediting cargo by streamlining container moves so as to speed up operations at the clogged port. Launched at the end of February, the “Peel Off” program has added a new operational model to the port to clear the current backlog of containers and improve […]

  • Lauritzen Narrows Loss, Confirms Newbuilding Sales

    19 August 2016
    Business & Finance

    Danish shipping company J. Lauritzen has confirmed that it opted to sell two Supramax bulk carrier newbuildings and cancel a part-owned handysize bulk carrier during the second quarter of 2016 as it executed further cash improving initiatives. The company narrowed its quarterly loss to USD 22.4 million for the second quarter of 2016 from a loss of USD 117.6 million reported in the same […]

  • McDermott tightens its loss, boosts revenues

    6 May 2016

    McDermott, an engineering, procurement, construction and installation company, tightened its loss for the first quarter 2016 and saw a boost in revenues due to INPEX Ichthys and Saudi Aramco projects.  According to McDermott’s statement on Thursday, the company’s net loss for the first quarter was $2.2 million versus $14.5 million in the corresponding period last year. […]

  • UK: New offer on table. Offshore caterers’ strike postponed

    9 November 2015

    The UK Catering Offshore Trade Association (COTA) has made a new offer to its employees, following a strike warning which threatened to affect the UK offshore oil and gas operations. According to Unite, the UK’s largest offshore workers’ union, the offer could avert industrial action and end a long-standing pay dispute.  The spat between the employers […]

  • Rowan sees 45% revenue increase owing to three newbuild drillships

    7 May 2015
    Exploration & Production

    Rowan Companies plc, a Houston-based drilling contractor, has reported net income of $123.7 million for the three months ended March 31, 2015 compared to $59.6 million in the first quarter of 2014.  Net income for the prior-year quarter included a litigation settlement gain which increased net income from continuing operations by $20.9 million. The prior-year […]

  • New Decree Allows CYGAM to Get Back to Work Offshore Italy

    9 August 2012
    Business & Finance

    CYGAM Energy Inc. , an emerging oil and gas company with interests in Tunisia and Italy, has announced the following update regarding the current drilling moratorium offshore Italy. The Italian government published Legislative Decree 83/2012 (the “Decree”) on June 26, 2012 in the Italian Official Gazette. The Decree has been ratified by both houses of […]

  • Thailand: Bua Ban South A-03 Well Disappoints, Coastal Says

    30 March 2012
    Business & Finance

    Coastal Energy Company , an independent exploration and production company with assets in Thailand, announces the results of the Bua Ban South A-02 and A-03 wells. The Bua Ban South A-02 well was drilled to a total depth of 8,275 feet TVD. The well encountered 8 feet of net pay in the Lower Oligocene section […]

  • Danske Commodities Takes On UK Renewables Market Experts

    21 January 2016
    Business & Finance

    Volker Beckers and Anne Broeng have joined the Board of Directors of the Aarhus-based Danske Commodities to provide additional insight into UK market and add risk management competences, one week after the company entered the UK renewables market. The independent energy service company last week signed a 15-year Power Purchase Agreement (PPA) with Beatrice Offshore Wind farm Limited (BOWL). […]

  • SSA Marine Provides $28M for Jacksonville Deepening

    5 March 2019
    Business & Finance, Project & Tenders

    The Jacksonville Port Authority (JAXPORT) and SSA Marine have reached a long-term agreement for the development and operation of international container terminal at JAXPORT’s Blount Island Marine Terminal. The facility, SSA Jacksonville International Gateway Terminal, is an expansion of SSA Marine’s current leasehold at Blount Island and will offer deepwater berthing space to accommodate the larger container ships […]

  • GoM Lease Sale: Apache Expands Presence in Gulf of Mexico

    21 June 2012
    Business & Finance

    Apache Corporation announced it was the high bidder on 90 shelf and deep water blocks in the Central Gulf of Mexico offshore lease sale held by the Bureau of Ocean Energy Management (BOEM) in New Orleans. Of the 56 companies submitting bids for Gulf of Mexico acreage, Apache Corp. was ranked No. 1 overall for […]

  • Namibia: Rolls-Royce Opens Marine Service Centre in Walvis Bay

    15 April 2011

      Rolls-Royce, the global power systems company, has today opened its latest Marine Service Centre, in Walvis Bay, Namibia. The investment is the latest stage in the development of a global Marine Service Centre network, which brings the expertise of Rolls-Royce engineers to customers around the world. Rolls-Royce has opened seven Marine Service Centres in the […]

  • CB&I Q1 Revenue Climbs 30 Pct

    24 April 2014

    CB&I reported adjusted net income for the first quarter of $94.4 million, excluding integration related costs of $8.1 million. First quarter GAAP net income was $89.0 million. Revenue for the first quarter was $2.9 billion, up from $2.3 billion, or 30 percent, over the comparable period. First quarter new awards totaled $5.8 billion, which resulted […]

  • Endeavour Enters Into Agreement to Purchase a 20% Interest in UK Bacchus Development

    23 November 2010
    Business & Finance

    Endeavour International Corporation  announces that its wholly owned subsidiary Endeavour Energy UK Ltd. has signed a definitive agreement to acquire an additional 20% working interest in the North Sea Bacchus development. This transaction represents a purchase of 3.5 million barrels of oil reserves for a cash consideration at closing of $9.57 million and $6.38 million […]

  • Aker Expands Its Presence in Canada

    7 January 2013

    Aker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner. “The buy-out will support Aker Solutions’ growth plans in North America and be the foundation for further expansion in St. John’s and Atlantic Canada. This is a firm commitment from Aker Solutions […]

  • UASC Paves Way for Greater Presence in South America

    9 February 2015
    Business & Finance

    United Arab Shipping Company (UASC) has appointed the Ultramar Group as its local liner shipping agency partner in Brazil, Argentina and Uruguay as the liner company eyes greater presence in South America. The appointment comes in the wake of UASC’s long-term general cooperation agreement with the Hamburg Süd Group that is set to  expand UASC’ […]

  • RWE Dea Wins Permit to Develop Six Gas Fields in Algerian Sahara

    15 February 2012

    RWE Dea AG said in a statement that it has obtained the permit to develop a total of six natural gas fields in the Algerian Sahara. The Algerian ALNAFT authority has issued the permit to develop the Reggane, Azrafil South-East, Kahlouche, Kahlouche South, Tiouliline and Sali gas fields in the Algerian desert. „We are pleased […]

  • Energy XXI adds new board member

    10 April 2018
    Business & Finance

    Houston-based Energy XXI Gulf Coast has appointed a new member to the company’s board of directors.

  • Transocean-Ocean Rig merger: Date set for shareholder vote

    9 October 2018
    Exploration & Production

    Offshore driller Ocean Rig has set a date for its shareholders to vote on a proposal to merge with Transocean.

  • Senat Blacklisted over North Korean Arms Smuggling

    24 July 2015
    Business & Finance

    The U.S. Department of the Treasury has blacklisted Singapore-based Senat Shipping Company (Senat) for its involvement in arms import activities of North Korean shipping company Ocean Maritime Management Company (OMMC). The Treasury said it has designated Senat for providing extensive material support to OMMC, including arranging the purchase, repair, certification, and crewing of OMMC vessels. The blacklisting also extends […]