10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Kraken Robotics buying Sonardyne and EIVA’s parent company for $615 million

    27 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Vision

    Canada-headquartered marine technology player Kraken Robotics is set to acquire the UK’s Covelya Group, the parent company of Sonardyne International and EIVA, among others. Covelya Group designs, manufactures, sells and supports high-performance underwater technology for maritime defense and commercial customers, through its subsidiary companies Sonardyne International, EIVA, Forcys, Wavefront Systems, Voyis Imaging, and Chelsea Technologies. […]

  • Strait of Hormuz closure: Tight LNG markets, oil prices could soar to $200

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

    With more than 80 million tonnes per annum (mtpa) of liquefied natural gas (LNG) supply, representing around 20% of global supply, being inaccessible to global markets, the Strait of Hormuz closure has the potential to spark the biggest energy supply shock in decades, according to Wood Mackenzie, an energy intelligence group, which emphasizes that oil prices could reach $200 a barrel (bbl) in a worst-case scenario, as over 11 million barrels per day (b/d) of Gulf crude and condensate supply continues to be curtailed.

  • $3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour

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

    London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.

  • Noble scores over half a billion dollars in drilling gigs for rig sextet

    29 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    U.S.-headquartered offshore drilling contractor Noble Corporation has obtained new drilling assignments and extensions across multiple geographies for six floaters in its rig fleet, including jobs in Brazil, Australia, Guyana, the U.S. Gulf, Ghana, and Malaysia.

  • QatarEnergy: Missile attacks spur $20 billion loss with drop in LNG exports

    23 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Qatar’s state-owned oil and gas giant QatarEnergy has confirmed a curtailment in its liquefied natural gas (LNG) capacity in the aftermath of recent missile strikes at its LNG facilities.

  • BP flows first non-associated gas from its giant Caspian Sea field

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

    UK-headquartered energy giant BP has achieved the start of non-associated gas (NAG) production at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

  • Tullow dishes millions to buy FPSO deployed in West Africa

    20 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has set the wheels in motion to acquire a floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Ghana, West Africa.

  • TotalEnergies’ 750-million-barrel project offshore Namibia targets first oil in 2030

    14 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    France-headquartered energy giant TotalEnergies is setting the stage to bring online its deepwater oil discovery in the Orange Basin off the coast of Namibia, as the African country enhances port infrastructure and policy framework ahead of the project launch, which is seen as a growth driver for the nation’s offshore energy industry.

  • EIG’s MidOcean boosts its stake in giant Australian LNG project

    12 March 2026
    Business & Finance, Business Developments & Projects

    MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG), has expanded its exposure to an LNG project off the northwest coast of Western Australia (WA), with the acquisition of additional interest.

  • 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.

  • 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.

  • 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.

  • Bechtel taps EnerMech for pre-commissioning gig on Woodside’s LNG project

    10 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aberdeen-headquartered integrated solutions specialist EnerMech has secured a new assignment with Bechtel, an American engineering, procurement, construction, and project management player, for work on the second train of a liquefied natural gas (LNG) project off the coast of Australia.

  • EU draws the line on Russian gas with gradual ban from 2026, oil set to follow suit in 2027

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

    Given its determination to shake off the shackles of dependence on Russian oil and gas imports, the European Union (EU) has decided to lay down the law on these fossil fuels by holding the line on the proposed gradual ban on imports of pipeline gas and liquefied natural gas (LNG) from next year, with oil expected to suffer the same fate in 2027 in response to what is being portrayed as Russia’s systematic weaponisation of energy supplies.

  • 15-year offtake tasks UK firm with LNG supply mission on Honduras’ Caribbean coast

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

    UK-based energy player Centrica has landed a multi-year liquefied natural gas (LNG) assignment in Honduras, a Central American country in the northern part of North America.

  • 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.

  • Oil & gas pursuits in Guyana and South Africa on duo’s agenda as new partnership emerges

    9 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, has put in place a new strategic partnership with Israel’s Navitas Petroleum for a block off the coast of Guyana and another one offshore South Africa alongside future oil and gas cooperation.

  • Petrobras and Shell up their stakes in pre-salt oil projects offshore Brazil

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

    A consortium, consisting of Brazil’s state-owned energy giant Petrobras and Shell Brasil Petróleo, a subsidiary of the UK-headquartered Shell, has secured additional equity in two pre-salt oil projects in Brazilian waters following an auction led by Pré-Sal Petróleo (PPSA).

  • 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.

  • Double win for Equinor in North Sea as two gas and condensate discoveries spring up

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

    Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The company claims that these discoveries can be developed for the European market through existing infrastructure.

  • 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).

  • 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.

  • More LNG for Europe as Germany’s SEFE takes steps to secure gas from South American player

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

    Germany’s Securing Energy for Europe (SEFE) has set the wheels in motion to enrich its liquefied natural gas (LNG) arsenal with another multi-year LNG supply agreement, which has been signed with Argentina’s Southern Energy, in a bid to further strengthen Europe’s energy security.