10000 results found for 'prelude turret'

10000 results found for 'prelude turret'
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  • Tanker Market to Ride Out Another Year of OPEC Cuts

    1 December 2017

    Aimed at rebalancing the oil market, the Organization of Petroleum Exporting Countries (OPEC), joined by non-member countries led by Russia, agreed to extend the oil production cuts until the end of 2018. OPEC said that due to the uncertainties associated mainly with supply and, to some extent, demand growth it is intended that in June 2018, the opportunity of further adjustment actions […]

  • CROSCO Zagreb 1 Rig Undergoing Maintenance in Trogir, Croatia

    11 July 2011
    Business & Finance

    CROSCO Integrated Drilling & Well Services Co., Ltd. announced that CROSCO semisubmersible Zagreb 1 is undergoing a comprehensive maintenance and service program as well as a five-year survey at the BrodoTrogir d.d. Shipyard in Trogir, Croatia. Maintenance and service work is being done by CROSCO’s Maintenance and Engineering Division. The five-year survey is being conducted […]

  • EU Commission Starts Working on Energy Union

    10 February 2015
    Authorities & Government

    European Commission has launched work on the Energy Union; a fundamental step towards the completion of single energy market and reforming how Europe produces, transports and consumes energy. The Energy Union with a Forward-looking Climate Change Policy is one of the key political priorities of the Juncker Commission. After more than 60 years from the founding of […]

  • China: APL Container Shipping Line Appoints North Asia Regional President

    17 October 2011
    Business & Finance

      APL, the world’s seventh largest container shipping line, today announced the appointment of Wong Siew Loong as Regional President of its North Asia business. “Siew Loong brings with him 15 years of experience within the company. I am confident he is the right person to steer our North Asia business, an integral part of […]

  • Höegh LNG Seals USD 206 Mn to Finance FSRU #10

    4 September 2018
    Business & Finance

    Höegh LNG has received a commitment letter for a sale and leaseback financing for FSRU #10.

  • USA: Horizon Lines Plans Dual Fuel Conversions

    26 June 2013
    Business & Finance

    Horizon Lines, Inc. one of the nation’s leading domestic ocean shipping companies, announced that it plans to convert the power plants on two of its steam turbine cargo vessels to modern diesel engines capable of burning conventional liquid fuels or liquefied natural gas (LNG). “We are viewing this as the first step in a repowering […]

  • Oceaneering ROVs for Statoil

    8 March 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Oceaneering has been awarded an eight-year contract by Statoil. The agreement is to provide two work class electric remotely operated vehicles (ROVs) for Statoil’s CAT-J Platforms in the North Sea. The new ROVs are currently being built in-house and called the eNovus. According to the company, the eNovus, with capabilities such as the remote piloting […]

  • Helix Upgrades 2013 EBITDA Guidance to $300M

    13 December 2013
    Business & Finance

    Helix Energy Solutions Group, Inc. announced that it is upgrading its 2013 EBITDA guidance to approximately $290 – $300 million. The current forecast of stronger than expected fourth quarter results for Robotics, along with the Skandi Constructor’s continued performance in well intervention mode, both contribute to this upgrade. Although the H534 is not expected to […]

  • Sierra Gold Corporation Announces Mining and Test Results From July 1 Through October 31, 2010

    19 November 2010

    Sierra Gold Corp. undertook an experimental approach to the Sierra Leone rainy season and we are pleased to announce that through these testing and small scale dredging operations the company recovered 32 troy ounces of gold and 72 diamonds. John Semachko Jr., President of Sierra gold Corp. commented: “We learned a great deal about rainy […]

  • No Flow for MEO in Indonesia

    13 December 2012
    Business & Finance

    MEO Australia Limited provides the following update in relation to the Gurame SE-1XST well in the Seruway PSC, offshore North Sumatra, in which MEO holds a 100% interest. Since the last report, the 7” liner was perforated over the Baong sands with tubing conveyed perforating (TCP) guns across a total 57m net interval between 2,700mMDRT  […]

  • US oil facility damaged off Vietnam

    21 June 2006

    The US oil corp. ENSCO said Monday a jackup rig was damaged while preloading offshore Vietnam and may be out of service for 60 days. No employees were injured and there was no environmental damage, the company added. Preliminary inspection indicates relatively minor damage to the rig, which has been safely jacked down and is […]

  • Halliburton CFO Takes Weatherford CEO Chair

    7 March 2017
    Business & Finance

    Oilfield services major Halliburton informed that its chief financial officer Mark McCollum is leaving the company effective immediately to become chief executive officer at Weatherford. Halliburton executive vice president and general counsel, Robb L. Voyles, has been named interim CFO and will manage the CFO responsibilities in addition to his current responsibilities until a replacement […]

  • LS Cable & System and Ørsted sign cable supply framework agreement

    24 November 2020
    Business Developments & Projects, Project & Tenders

    South Korean cable manufacturer LS Cable & System has entered into a five-year framework agreement with Ørsted for the opportunity to supply high voltage export cables for offshore wind farms. Roe-hyun Myung, President & CEO of LS C&S, said: “The trend of investing in renewable energy will continue, even under the current COVID_19-situation. We are […]

  • In focus: Piecing together the energy transition puzzle

    16 April 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Equipment, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Technology, Transition, Vessels

    The offshore energy sector is currently going through a major change with the energy transition and sustainability as a driving force.

  • Encana Delivers Strong Q1 Results, Canada

    25 April 2012

    Encana Corporation delivered strong financial results and operational performance in the first quarter of 2012 despite further downward pressure on natural gas prices. Cash flow of US$1.0 billion, or $1.39 per share, was up 6 percent from the first quarter of 2011 supported by the company’s commodity price hedging program, which contributed $358 million in […]

  • USA: Aviat Unveils First CNG Aircraft

    2 August 2013

    Airplane manufacturer Aviat Aircraft, Inc. and Minneapolis-based Aviation Foundation of America, Inc. announced the scheduled unveiling of the first dual fuel, piston powered aircraft to operate on both compressed natural gas (CNG) and aviation gasoline. The Aviat Husky CNG will be on display outside the Innovations Pavilion throughout AirVenture 2013 which takes place in Oshkosh, […]

  • Sen. Murkowski: U.S. sanctioning itself by lifting sanctions against Iranian oil

    20 April 2015

      Lisa Murkowski, the chairwoman of the U.S. Senate Committee for Energy & Natural resources, and a Senator in Alaska, has today said it will start working on a legislation to repeal the U.S. oil export ban. Speaking during the opening session of the IHS CERAweek in Houston, she today used the opportunity to say […]

  • Stone Energy CEO retires after 13 years of service

    1 May 2017
    Business & Finance

    American oil and gas corporation Stone Energy has informed that David H. Welch, the company’s chief executive officer and president, has decided to retire following more than 13 years of service to the company. The company also added that Welch would also step down from his position as a director of the company. He joined […]

  • Cargotec Appoints New Head of MacGregor Business Area

    13 September 2013

    Eric A. Nielsen, BSc, Mechanical Engineering, MBA (b. 1959) has been appointed President of the MacGregor business area as of 16 September 2013. He will be a member of the Executive Board and reports to President and CEO Mika Vehviläinen. Eric A. Nielsen has most recently held the position as Executive Vice President of Corporate […]

  • Carbon capture and storage projects and U.S. debt ceiling deal come under fire

    2 June 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Earthjustice sees CCS as a lifeline that the fossil fuels industry can grab to extend the oil and gas industry’s reign on the energy throne.

  • PGNiG to secure more U.S. LNG supplies

    4 July 2017

    More U.S.-produced liquefied natural gas (LNG) could be landing in Poland as state-owned PGNiG entered talks to import more volumes, president’s senior advisor, Krzysztof Szczerski said. 

  • Board expansion for Halliburton

    8 December 2014
    Business & Finance

    Halliburton has appointed Abdulaziz F. Al Khayyal to its board of directors. The appointment was effective Dec. 4, 2014 and Al Khayyal will stand for election by stockholders at the annual meeting in May 2015. Al Khayyal spent more than 30 years at Saudi Aramco before retiring from the company as senior vice president, Industrial […]

  • Gibbs to Hold Panel’s Hearing on Developing Bill for U.S. Ports

    11 April 2013
    Business & Finance

    Subcommittee on Water Resources and Environment Chairman Bob Gibbs (R-OH) will convene the panel’s first hearing on developing a Water Resources Development Act (WRDA). One of the Committee’s top priorities this Congress, WRDA legislation focuses on developing, maintaining, and supporting the Nation’s port and waterway infrastructure, as well as addressing targeted flood protection and environmental […]

  • Hydroid Announces New Management Team Appointments

    27 January 2014
    Business & Finance

    Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of autonomous underwater vehicles (AUVs), announced organizational changes to its management team to prepare for anticipated growth and to further solidify their market leadership. Libby Signell has been appointed to vice president of operations. Signell, most recently program manager at Hydroid, brings to her […]

  • Jensen Maritime Wins New Wave Award for ‘Northern Leader’ Design (USA)

    27 December 2012
    Business & Finance

    Jensen Maritime, Crowley Maritime Corp’s Seattle-based naval architecture and marine engineering firm, has been honored with the New Wave Award, which recognizes the company’s vision and innovation for the concept and design of the Northern Leader, a 184-foot long, environmentally-friendly longline fishing vessel owned by Alaskan Leader Fisheries LLC. The New Wave Award is issued […]