10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Halliburton, MODEC’s Shape Digital set on enhancing digital asset performance

    29 June 2026
    Business & Finance, Business Developments & Projects, Collaboration, IT & Software, Technology

    U.S.-headquartered oilfield services player Halliburton has joined forces with Shape Digital, a spin-off of Japan’s MODEC, to advance digital asset performance management by integrating subsurface and surface intelligence through a unified asset view.

  • Rig gigs of $900 million push Valaris’ backlog to $4.7 billion

    20 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.

  • Oil & gas firms step up exploration game to tackle supply shortfall by 2050

    1 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2050.

  • Multiple tank design orders for LNG vessels in GTT’s bag

    28 May 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    French technological containment specialist Gaztransport & Technigaz (GTT) has won new tank design jobs for liquefied natural gas (LNG) carriers (LNGCs) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hanwha Ocean.

  • Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES

    24 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s engineering, drilling, and construction services giant Saipem is divesting its shareholding in Saudi Arabian Saipem (SAS) to close its shallow water drilling chapter in Saudi Arabia, as it continues its shift to deepwater plays. This move enables ADES Holding Company, part of Saudi Arabia-headquartered ADES Group, to bring the Italian giant’s affected jack-up rigs into its fold, enlarging its rig fleet.

  • Saipem hires Rana Subsea for job in Middle East as NextGeo enriches fleet with new vessel

    16 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Italy-headquartered engineering, drilling, and construction services giant Saipem has booked Rana Subsea, a subsidiary of Next Geosolutions (NextGeo), for an assignment in the Middle East. NextGeo has now strengthened its fleet with a new vessel specifically designed for the execution of complex subsea operations.

  • ECOnnect tasked with jettyless transfer solution for Colombia’s new LNG terminal

    17 June 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Norway’s technology company ECOnnect Energy has been hired to deliver its IQuay F-Class jettyless transfer system for Puerto Bahía´s fast-tracked liquefied natural gas (LNG) import terminal in Cartagena Bay, Colombia.

  • EU’s 20th sanctions batch tightens grip on Russia’s oil, gas, LNG and shadow fleet spheres with 632 vessels blacklisted

    24 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation, Vessels

    As the European Union (EU) continues to take steps to constrain Russia’s revenue streams and energy export capacity to bring the Ukraine crisis to an end, it has rubber-stamped a new raft of sanctions against the country, expanding its crackdown on the Russian energy industry and widening the net around the shadow fleet with 46 more vessels added to the listed pool.

  • World’s first global shipping carbon price talks back at UN’s bargaining table

    17 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Regulation & Policy, Rules & Regulation, Transition, Vessels

    As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend the framework and adopt it as it is later this year to help curb shipping’s reliance on fossil fuels and cut vessel fuel costs in the long-term.

  • Gasum, Naftogaz among those locking in multi-year capacity at Lithuanian LNG hub

    10 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Gasum, a Nordic gas sector and energy market player, and Ukraine’s state-owned energy company Naftogaz Group have secured long-term liquefied natural gas (LNG) capacity at Lithuania’s LNG terminal, operated by KN Energies (KN).

  • Equinor awards €536M in contracts for first wave of new subsea tie-back projects

    7 July 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Vision

    Norwegian state-owned energy giant Equinor has, on behalf of partners, awarded four contracts worth around NOK 6 billion (about €536.4 million) for the first wave of subsea tie-back projects on the Norwegian Continental Shelf (NCS) as part of its NCS2035 strategy. The four projects are part of the first of several planned subsea development waves, […]

  • Chevron signs off on Mediterranean field expansion for gas production uptick

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

    Chevron Mediterranean Limited (CML), a subsidiary of the U.S.-headquartered Chevron, and its partners have given the green light for a planned expansion of gas export capacity from a giant natural gas field project off the coast of Israel.

  • Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms

    2 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy

    As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices could surge past $100 a barrel (bbl), if flows are not restored, echoing the price spikes seen during the onset of the Russia-Ukraine conflict.

  • 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.

  • Vietnamese JV set up to pursue shipping industry’s digital transformation with AI

    7 January 2026
    Automation, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, IT & Software, Outlook & Strategy, Technology, Vessels, Vision

    Singapore-based shipping company Ocean Network Express (ONE) and Japan’s MTI Ltd. have established a joint venture (JV) company in Vietnam with the aim of promoting digital transformation of operations and business models in the shipping industry by using artificial intelligence (AI) technology. Established in December 2025, QUAVEO Company Limited is located in Ho Chi Minh […]

  • Navitas expanding its oil & gas footprint in Falkland Islands

    12 January 2026
    Business & Finance, Business Developments & Projects

    Israel’s Navitas Petroleum has taken steps to bolster its oil and gas portfolio off the coast of the Falkland Islands with a non-binding deal to get a majority stake in a license within the North Falkland Basin.  

  • Eco Wave Power pushes ahead with 1 MW project in Portugal

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

    Israel-headquartered developer Eco Wave Power is moving forward with the development of its 1 MW wave energy project in Portugal, after wrapping up a wave and loads assessment in cooperation with MetOcean Consult, a Netherlands-based consultancy specializing in independent metocean analysis, environmental data services, and numerical wave and flow modeling for offshore, coastal, and port developments.

  • More LNG for Egypt as new deal strengthens energy and gas ties with Qatar

    5 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Regulation & Policy

    With the aim of bolstering its liquefied natural gas (LNG) arsenal, Egypt has fortified its bonds with Qatar within the energy and natural gas domains through a memorandum of understanding (MoU) between the Egyptian Natural Gas Holding Company (EGAS) and QatarEnergy, the Persian Gulf state’s heavyweight.

  • Golden Sea Lion roars with appraisal success at oil discovery offshore Southeast Asia

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

    Houston-based oil and gas company Murphy Oil has achieved a new appraisal milestone related to an oil find in the Cuu Long Basin approximately 40 miles off the coast of Vietnam, Southeast Asia. This move is perceived to have unlocked significant resource upside.

  • Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change

    6 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per barrel (bbl) of oil in the first quarter of 2026 amid oversupply and also realign flows, diverting Middle East heavy barrels to Asia and intensifying competition for Canadian crude in the U.S. Gulf Coast.

  • Eni going full steam ahead with drilling campaign in Gulf of Suez

    29 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As the dash for gas off the coast of Egypt continues to run unabated, the country’s Minister of Petroleum and Mineral Resources has visited the drilling site of the first well in the drilling program, Italy’s energy giant Eni is currently undertaking in the Gulf of Suez with a rig owned by Shelf Drilling, now part of ADES.

  • Chevron achieves first oil offshore Angola two years after platform construction start-up

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

    Cabinda Gulf Oil Company (CABGOC), a subsidiary of the U.S.-headquartered energy giant Chevron, has put into production mode a new oil platform off the coast of Angola just over two years after construction on the platform began.

  • Texan facility produces its first ammonia

    29 December 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    The Beaumont New Ammonia (BNA) facility, located in southeast Texas, U.S., has produced its first ammonia following the completion of systems testing, representing the first phase of operations commissioning of the facility. Commercial production is expected to begin following handover to Woodside Energy from OCI Global in early 2026. Production of lower-carbon ammonia is targeted […]

  • CMA CGM takes delivery of methanol dual-fueled container ship from Chinese shipyard

    22 December 2025
    Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Classification society Bureau Veritas Marine & Offshore (BV) has classed its first methanol dual-fueled container ship, a newbuild destined for French shipping and logistics giant CMA CGM Group. The 15,000 TEU methanol dual-fuel vessel, named CMA CGM ANTIGONE, was built by China’s CSSC Jiangnan Shipyard for CMA CGM and was officially named on December 11 […]

  • Energy outlook: 12 trends set to shape 2026 power spectrum

    2 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside increasing complexity, including the role of fossil fuels and new energies in meeting growing power demand from data centers.