10000 results found for 'progress'

10000 results found for 'progress'
Order results by

A list of search results

  • FPSO delays and cost overruns impact first gas timing at Greater Tortue Ahmeyim project

    6 July 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    The BP-operated Greater Tortue Ahmeyim project in Mauritania and Senegal has experienced delays and cost overruns due to the Covid-19 pandemic.

  • Update: Rosebank field faith hangs in balance as Chevron scraps FPSO order

    14 December 2016
    Infrastructure

    Chevron has canceled the order for an FPSO unit that was slated for the development of the Rosebank field in the UK North Sea. According to Hyundai Heavy Industries, Chevron sent a termination notice on Tuesday, December 13, for the 2.3 trillion Korean Won order. Converted to U.S. dollars, the order was valued at around $1.85 […]

  • Otto Energy expects to have new SC55 partner by mid-2014

    14 March 2014

    Otto Energy Limited (Otto) has informed that the Philippines Department of Energy (DOE)  has approved the reassignment of 60% equity in SC55 offshore block from BHP Billiton Petroleum (Philippines) Corporation (BHPB) to Otto, taking Otto’s interest to 93.18%. A separate announcement on revisions to the work commitment timing is expected to be released shortly once correspondence is […]

  • La Bella 3D Seismic Survey 78% Complete (Australia)

    9 December 2013

    Australian energy company WHL Energy Limited has informed that the La Bella 3D seismic survey, being acquired by CGG’s state-of-the-art seismic vessel Viking II, is 78% complete and on target to be completed around December 12th.   To date 52 prime lines of a planned total of 60 lines have been fully or partially acquired […]

  • New Ports Strategy Sets Gladstone on Course as Industrial Powerhouse

    11 June 2014
    Business & Finance, Equipment, Technology

    Gladstone is set to consolidate its position as Queensland’s industrial powerhouse following release of the new Ports Strategy for Queensland. Queensland Resources Council (QRC) Chief Executive Michael Roche said the strategy would inject new confidence into the sector. “The release of the Queensland Government’s Ports Strategy is an environmentally responsible and sustainable approach to future […]

  • Gamesa Seeks to Reserve Four Spots for Its Turbines at IREC’s ZÈFIR Test Station Offshore Wind Farm (Spain)

    8 February 2011

    * Gamesa aims to install two anchored and two floating turbines at the experimental offshore wind laboratory off the coast of Tarragona, Spain * The project marks further progress in the company’s offshore strategy, as Gamesa designs and develops two families of 5 MW and 6 MW-7 MW turbines Gamesa, a global leader in wind […]

  • Ophir says Fortuna FLNG talks with Schlumberger terminated

    29 April 2016

    London-based Ophir Energy said on Friday it has terminated discussions with Schlumberger regarding the participation in the Fortuna FLNG project in Equatorial Guinea. The two companies signed in January a non-binding agreement under which Schlumberger would receive a 40% economic interest in the Fortuna FLNG project. Since the January announcement of the non-binding deal with Schlumberger […]

  • MEPs: Offshore Wind Can Turn Northern Seas into Power House of Europe

    15 January 2016
    Authorities & Government, Business & Finance, Environment, Storage

    Twenty Members of the European Parliament (MEPs) have signed the “Northern Seas as the Power House of North-Western Europe” Manifesto which sees offshore wind energy as a way to make the Northern Seas the “power house” of Europe.  MEPs believe that the progressive, large-scale, deployment of offshore wind farms and emerging marine renewables, along with the completion of a […]

  • PIRA: Turkey Looking for More Spot LNG

    27 December 2013

    PIRA Energy Group believes that a progressively weaker yen in December combined with near oil parity spot prices is leading to a stabilization of sorts in Asia spot prices. In the U.S., the frigid weather that has taken hold of both North America along with the 2014 NYMEX gas price curve have outright reversed the […]

  • Origin Profit Drops

    20 February 2014

    Origin Energy announced a statutory profit of $322 million for the half year ended 31 December 2013, down from $524 million, and a 5 per cent increase in underlying profit to $381 million for the period. The primary factors contributing to a decrease in Statutory Profit include the gain on dilution of Origin’s interest in […]

  • Nexen Cash Flow Dips, Canada

    26 October 2012

    Nexen reported third quarter operating and financial results and provided an update on strategic priorities. Production volumes averaged 181,000 barrels of oil equivalent per day (boe/d), a decrease from second quarter production of 213,000 boe/d. This reflects the scheduled downtime associated with the turnarounds at Buzzard, Long Lake and Scott. Cash flow from operations decreased […]

  • Canada’s Cedar LNG postpones final investment decision to Q4 2023

    9 August 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure company Pembina Pipeline, has pushed the final investment decision (FID) to the fourth quarter of 2023 due to the second front-end engineering design (FEED) process for the floating LNG vessel. Prior to this, FID for Canada’s first Indigenous majority-owned LNG facility was anticipated in the […]

  • ExxonMobil handing over reins of Australia’s legacy offshore asset to Woodside

    29 July 2025
    Business Developments & Projects, Project & Tenders

    Australia’s oil and gas giant Woodside Energy has signed a deal with the Australian subsidiary of U.S.-headquartered energy major ExxonMobil to assume the operatorship of assets situated off Victoria’s Gippsland coast.

  • UK watchdog accepts Wood Group-AFW merger remedy

    15 August 2017

    The UK’s Competition and Markets Authority (CMA) accepted in principle a remedy formally proposed by Wood Group regarding its merger with Amec Foster Wheeler.

  • Cape Wind Construction Could Start by End of 2013 (USA)

    10 April 2013

    The construction of the Cape Wind project could start by the end of the year, the U.S. Department of Interior Secretary Ken Salazar told the Associated Press in an interview. Cape Wind, a USD 2.6 billion offshore wind project in Massachusetts, has been delayed for more than a decade due to environmental and financial issues. […]

  • Hapag-Lloyd bullish on yearly earnings amid strong demand

    16 February 2021
    Business & Finance

    German liner company Hapag-Lloyd expects very strong earnings growth amid exceptional demand for container transports, which has spurred freight rates. Based on preliminary business figures for the month of January and the current business situation, the company’s executive board anticipates EBITDA and EBIT for the first quarter of 2021 to be significantly higher than in […]

  • Long Island Sound Restoration Plan Released

    9 September 2014
    Business & Finance, Equipment, Technology

    The Long Island Sound Study, a partnership of federal, state, and local government agencies, as well as nonprofit and community groups and businesses, yesterday released a new updated Comprehensive Conservation and Management Plan for restoring and protecting the Long Island Sound over the next two decades. The Long Island Sound and its watershed is a […]

  • Husky: Further drilling planned for Bay du Nord discovery

    7 December 2015
    Exploration & Production, Project & Tenders

    Statoil is advancing the appraisal work on the Bay du Nord oil discovery, offshore Newfoundland and Labrador, with plans for further drilling in 2016.  The Norwegian oil and gas company Statoil is the operator of Mizzen, Harpoon and Bay du Nord discoveries, in the Flemish Pass Basin, with 65% interest while Husky holds 35% interest. Appraisal […]

  • Prelude FLNG on schedule for 2018 start-up

    5 May 2017
    Infrastructure

    Shell’s Prelude FLNG, world’s largest offshore facility, is set for completion and startup in 2018, despite a fatal incident that happened at the Samsung Heavy Industries shipyard earlier this week. The construction of the giant facility started back in 2012. Once completed, it will be deployed offshore Australia and will produce 3,6 million tons of LNG annually by […]

  • Ophir working to make Fortuna FLNG FID by 2016 end

    15 September 2016
    Infrastructure, Project & Tenders

    Ophir Energy, a London-listed oil and gas company, is making progress with its floating LNG project in Equatorial Guinea where it is working on developing the gas reserves found in the offshore Block R. The company on Thursday said the upstream part of the Fortuna FLNG project was ‘technically ready’ for a Final Investment Decision. […]

  • ABS: 43 Pct of Installed BWMS Considered ‘Problematic’

    16 August 2017
    Business & Finance

    57 percent of ballast water management (BWM) systems installed on vessels were being operated, while the rest were either deemed ‘inoperable’ or considered ‘problematic’, according to a survey conducted by classification society ABS. To form an accurate picture of the current progress with BWM compliance, owners and operators with installed BWM systems were surveyed and invited to […]

  • Tellurian starts Driftwood LNG construction

    28 March 2022
    Business Developments & Projects, Project & Tenders

    Tellurian has started construction of phase one of the Driftwood LNG terminal, an LNG export facility in Louisiana.

  • Eco Wave Power appoints new certified adviser

    29 December 2021
    Business & Finance, Business Developments & Projects

    Swedish-Israeli wave energy developer Eco Wave Power has selected Vastor Securities as a certified adviser for the company.

  • Statoil, Sembcorp Marine Ink Johan Castberg Deal

    10 November 2017
    Business & Finance, Project & Tenders

    Statoil has signed a letter of intent with Sembcorp Marine Rigs & Floaters in Singapore for the construction of the hull and integrated living quarters for the floating production, storage and offloading (FPSO) vessel that will be located on the Johan Castberg field in the Barents Sea. The contract will be signed at the final […]

  • Sandy Repairs Continue

    29 October 2015
    Business & Finance

    On the third anniversary of Hurricane Sandy striking the Northeast on October 29, 2012, the USACE continues to move forward with authorized and funded projects, completing the 25th and final Flood Control and Coastal Emergency project and making visible progress in other project areas. Together with its federal, state, local and industry partners, the Army […]