10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • $6.7 billion addition to $18.4B US LNG project approved and ready to roll

    10 September 2025
    Business & Finance, Business Developments & Projects

    With the green light for a final investment decision (FID) on the fourth train now out of the way, Houston-headquartered NextDecade Corporation is moving full speed ahead with the expansion of the first phase of its liquefied natural gas (LNG) export project in Texas, United States. Another multibillion-dollar addition is expected to get the go-ahead by the end of the year.  

  • Greece gearing up for offshore exploration revival as ExxonMobil joins Ionian Sea block

    6 November 2025
    Business Developments & Projects

    U.S.-headquartered energy giant ExxonMobil, UK-based oil and gas player Energean, and Greece’s HELLENiQ ENERGY Upstream have signed a farm-in agreement for ExxonMobil’s participation in a concession in the northwestern Ionian Sea.

  • Tidewater’s fleet to grow to 231 units following acquisition of Brazil’s Wilson Sons

    23 February 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Vessels, Vision

    U.S. offshore vessel operator Tidewater is set to see an increase in its global vessel fleet size to 231 units thanks to the acquisition of Brazilian shipping company Wilson Sons. Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações and its affiliate Atlantic Offshore Services (WSUT) at […]

  • C40 Cities, IAPH, IFC unveil sustainability-linked loan for ports to tackle ‘critical’ funding gap

    4 November 2025
    Collaboration, Ports & Logistics, Transition

    C40 Cities, a worldwide network of major cities’ mayors working to tackle the climate crisis and halve greenhouse gas (GHG) emissions by 2030, has unpacked a global port sustainability-linked loan (SLL) initiative. The endeavor, announced on November 4 at a summit, is supported by the International Association of Ports and Harbors (IAPH) and the International […]

  • Chiyoda and McDermott take revised final EPC step forward for giant US LNG project

    19 November 2025
    Business & Finance, Business Developments & Projects

    The main engineering, procurement, and construction (EPC) contractors for a liquefied natural gas (LNG) project in the United States, U.S.-headquartered McDermott (MDR) and Chiyoda International Corporation (CIC), have struck a revised EPC deal for two trains at an export terminal under construction in Sabine Pass, Texas.  

  • Woodside’s Australian gas project gets green light for 40 more years of operation

    12 September 2025
    Authorities & Government, Business Developments & Projects, Regulation & Policy

    The Australian Government has approved the continuation of the operation of a gas project situated on Australia’s northwest coast, operated by the country’s energy giant, Woodside Energy.

  • MODEC lays the groundwork for zero carbon FPSOs with partnership set on low-carbon offshore power solution

    27 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Exploration & Production, Transition

    Japan’s MODEC has joined forces with Eld Energy, a Norwegian fuel cell system company, to pursue a scalable multi-MW power system for floating production, storage, and offloading (FPSO) units to enable them to fully run on zero-carbon power.

  • First oil gushes out of subsea tie-back project in North Sea

    2 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian oil and gas player Aker BP has brought online a subsea development tied back to an existing platform in the North Sea off the coast of Norway.

  • Maintenance and upgrade work completes at world’s largest tidal stream array

    19 December 2025
    Business Developments & Projects, Operations & Maintenance, Outlook & Strategy, Project & Tenders

    Offshore works, which included turbine recovery, have been completed at MeyGen, described as the world’s largest tidal stream energy development, located in Scotland’s Pentland Firth. UK-based tidal energy company Proteus Marine Renewables reported on December 18 that it had, together with project owner Ampeak Energy, completed works at the MeyGen tidal stream project which involved […]

  • Seadrill’s 2011-built rig is hard at work in North Sea with ConocoPhillips

    28 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    A 14-year-old jack-up rig, owned by Seadrill, an offshore drilling contractor, is going full speed ahead with drilling operations at an oil field in the North Sea off the coast of Norway.  

  • NextGeo starts surveying cable corridor route for second Malta-Italy interconnector (Video)

    22 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vessels, Vision

    Italy-headquartered Next Geosolutions (NextGeo) has begun seabed surveys along the cable corridor route for the second electrical interconnector between Malta and Italy. The IC2 interconnector will link the Terna substation at Ragusa, Sicily, and the Enemalta terminal station in Maghtab, to be laid in parallel to the existing HVAC cable link. InterConnect Malta reported yesterday, September […]

  • ‘Proud moment’ for Reach Subsea as its USV travels to Australia

    26 August 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Technology, Vision

    Norway’s Reach Subsea has sent off its uncrewed surface vessel (USV) on a trip to Australia where it will provide reservoir monitoring for Australia’s energy giant Woodside Energy. The Reach Remote 2 USV, which Reach Subsea took delivery of in June, is currently travelling to Australia to perform reservoir monitoring on the Scarborough gas field, […]

  • Six Noble rigs changing hands as Borr Drilling and Ocean Oilfield go on fleet expansion quests

    9 December 2025
    Business & Finance, Business Developments & Projects

    Noble Corporation, a U.S.-based offshore drilling giant, is parting ways with six premium jack-up rigs, five of which are set to join the rig fleet of Bermuda-based offshore drilling contractor Borr Drilling. The remaining rig will find a new home amid Ocean Oilfield Drilling’s fleet.

  • DP World, MPA team up on Contrecœur container terminal development

    9 September 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    As part of the Canada’s Port of Montreal expansion project in Contrecœur, the Montreal Port Authority (MPA) and terminal operator DP World in Canada, a joint venture between DP World and La Caisse, have entered into a joint development agreement for the design of the land-based works of the future container terminal.

  • Another Chinese player turns to Wärtsilä: Operational reliability boost on the horizon for 14 LNG vessels

    30 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Wärtsilä has secured a multi-year lifecycle agreement for 14 liquefied natural gas (LNG) carriers with Hong Kong-based OPearl LNG Ship Management, a joint venture between China Merchant LNG, CNOOC, and NYK, which was created to serve as the ship management arm for all three shareholders.

  • Brussels endorses €200 million German scheme for Canadian hydrogen imports to EU

    16 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    The European Commission (EC) has cleared a €200 million German aid to boost Canadian-produced renewable hydrogen and its derivatives for the European market. This scheme will support the construction of up to 300 MW of electrolysis capacity.

  • DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation

    15 September 2025
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Vessels

    DNV has awarded an approval in principle (AiP) to HD Hyundai Mipo for an ammonia dual-fuel medium gas carrier (MGC) design featuring a forward (FWD) accommodation layout.

  • 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.

  • MOL invests in US firm developing commercial-scale fusion reactor

    2 September 2025
    Business & Finance, Business Developments & Projects, Innovation

    As part of a consortium of 12 Japanese companies, Japanese shipping company Mitsui O.S.K. Lines (MOL) has invested in Commonwealth Fusion Systems (CFS), a US-based fusion energy company.

  • Norwegian Cruise Line and Repsol ink long-term renewable marine fuels deal

    21 October 2025
    Business & Finance, Business Developments & Projects

    Cruise company Norwegian Cruise Line Holdings (NCLH) and Spanish multi-energy player Repsol have established “an unprecedent long-term relationship within the cruise industry” with a landmark 8-year agreement covering supply of renewable marine fuels at the Port of Barcelona.

  • ADNOC’s XRG steps up its US LNG game with additional stake in Texas’ $31.8 billion project

    27 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has augmented its interest in a liquefied natural gas (LNG) export project in Texas, United States (U.S.).

  • Sperry Marine solutions picked for Samskip’s hydrogen-powered boxship duo

    22 September 2025
    Automation, Infrastructure, IT & Software, Vessels

    The UK-based specialist in navigation solutions for seagoing vessels Sperry Marine, part of Northrop Grumman, has been selected to supply the complete integrated bridge systems for two hydrogen-powered containerships under construction for Dutch logistics solutions provider Samskip.

  • Seaspan joins forces with Anew Climate to deliver low-carbon marine fuel

    12 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    Seaspan Energy, a subsidiary of the Canadian Seaspan ULC, has formed a strategic partnership with Anew Climate to start delivering renewable liquefied natural gas (R-LNG) on North America’s West Coast.

  • New moves reinforce Sabah’s role as energy growth hub in Malaysian waters

    10 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Petronas Carigali, Malaysia’s state-owned oil and gas heavyweight Petronas, has taken steps to divest a partial stake to SMJ Energy (SMJE), a company wholly-owned by the Sabah state government, in a production sharing contract (PSC) for fields in shallow waters off the coast of Sabah, offshore of East Malaysia. Petronas and Sabah have also strengthened their collaboration with another PSC award.

  • Oil & gas asset consolidation in full swing in UK North Sea: Harbour makes a play for Waldorf

    12 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the North Sea.