10000 results found for 'progress'

10000 results found for 'progress'
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  • Minesto’s Dragon tidal energy device reaches record levels of electricity production

    22 November 2022
    Business Developments & Projects, Equipment, Innovation, Operations & Maintenance, Outlook & Strategy, Research & Development, Technology

    Swedish marine energy company Minesto has produced record levels of electricity in the last two months with its 100kW Dragon 4 tidal energy device in Faroe Islands.

  • EU on Track to Meet Its 2020 Targets, Report Says

    2 July 2015
    Business & Finance

    The EU will come close to meeting the binding 2020 target on the deployment of renewable energy sources (RES), with currently implemented and planned RES policy initiatives, according to a new report. It finds that majority of Member States is expected to meet mandatory RES targets by 2020. Nineteen of the 28 assessed Member States may […]

  • Fair Head tidal energy project on track

    18 June 2015
    Environment, Research & Development

    The team behind the 100 MW Fair Head tidal energy project has announced that it has completed over 95 percent of the offshore survey work required to support the planning application for its seabed turbines. According to the project developer Fair Head Tidal Energy Park Ltd, a company comprised of DP Marine Energy and BluePower, […]

  • Growth Potential of European Short Sea Shipping Untapped

    30 April 2015
    Business & Finance

    A coalition of European shipping sector organisations, led by the European Community Association of Ship Brokers and Agents (ECASBA), has called on the European Parliament, Commission and Member States to honour the commitments to support short sea shipping that were made in the Athens Declaration. ECASBA General Manager Jonathan C. Williams FICS, said in a joint letter that […]

  • Nord/LB Shrinks Shipping Loan Portfolio, Returns to Profit

    18 April 2018
    Business & Finance

    Nord/LB returned to profit in financial year 2017 after significantly reducing its shipping loan portfolio.

  • Australia: Arrow LNG Agreement Expires

    1 July 2010

    The Board of Liquefied Natural Gas Limited wishes to advise that the Heads of Agreement (HOA) with Arrow Energy Limited (Arrow) expired on 30 June 2010. The HOA related to the potential sale, to Arrow, of the Company’s Gladstone LNG Project. Subsequent to the Shell and PetroChina announced takeover bid for Arrow, there has been […]

  • Ukraine: Zaliv Shipyard on Track to Deliver All Projects on Time

    22 March 2012

    At the present moment Zaliv Shipyard is successfully implementing some shipbuilding projects providing forming of the hulls in the dry dock and on building berth. Parallel work over two hulls supposed for servicing of drilling platforms is taking place in the dry dock. The order building number 0295 placed by Ulstein Hull As (Norway) is […]

  • Minister: South Pars Development Continues Despite Sanctions (Iran)

    31 July 2013

    Iranian Oil Minister Rostam Qasemi says development of the different phases of the South Pars gas field is going ahead despite U.S.-engineered sanctions against Iran over its nuclear energy program. “South Pars phases are being developed through the efforts and endeavors of capable Iranian specialists and experts, and despite sanctions and certain difficulties, the development […]

  • Bombora Welcomes Visit of Welsh European Funding Office Representative

    17 July 2019
    Authorities & Government, Business & Finance

    The directors of Bombora Wave Power have recently welcomed Sue Price, head of Programme Management Division, Welsh European Funding Office (WEFO) to the company’s Pembroke Dock offices to review the progress on the 1.5MW mWave trial. Bombora is mid-way through the project to design, build, deploy, test and validate a 1.5MW mWave power converter off […]

  • Papua New Guinea begins paying LNG royalties to landowners

    14 September 2017

    The government of Papua New Guinea has started to pay local landowners royalties from the $19 billion ExxonMobil-operated PNG LNG project. Landowners have protested several times over the LNG royalties and equity in the project. The PNG LNG project has been exporting the chilled fuel since April 2014 with a 2-percent royalty set aside for landowners, […]

  • Santos refutes equity raising reports

    17 August 2015

    Australia’s Santos, operator of the GLNG project, has denied media reports it was planning to launch an equity raising.

  • USA: Hess Q1 Profit Climbs

    24 April 2013

    Hess Corporation today reported net income of $1,276 million for the quarter ended March 31, 2013. Adjusted earnings, which exclude gains on asset sales and other items affecting comparability of earnings between periods, were $669 million, or $1.95 per common share, representing a 30 percent increase on a per share basis over the same quarter […]

  • Ophir’s 1H Loss Reduced to $19.4 Million

    15 August 2013
    Business & Finance

    Ophir Energy today announced that for the period ended 30 June 2013 the Group recorded a loss of US$19.4 million compared to US$24.4 million loss recorded in the same period last year. No dividends were paid or declared by the Group during the period. The loss is a direct result of exploration expenditure, regulatory and corporate costs associated with operating […]

  • IOG full steam ahead with Thames Pipeline work

    1 May 2018
    Business & Finance, Project & Tenders

    IOG has awarded contracts to Subsea 7 and Wood for the provision of work related to its Thames Pipeline located in the Southern North Sea.

  • UK: SSE’s Commissioned Offshore Wind Farm Capacity Increases to 256MW

    27 June 2012
    Business & Finance

    SSE is hosting an event for analysts and investors today (Wednesday 27 June) and tomorrow in Glasgow and at Clyde wind farm to present its approach to managing its large capital projects.  SSE will set out the way it works to ensure that such projects are governed, developed, approved and executed in an effective manner.  SSE […]

  • UK and Canada strengthen marine energy ties

    19 April 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition, Vision

    Marine Renewables Canada and the UK Marine Energy Council have entered into an agreement to share knowledge and support development of the marine renewable energy industry.

  • Reef Water Quality Report Card Unveils Encouraging Results (Australia)

    26 April 2013
    Business & Finance

    The Great Barrier Reef Marine Park Authority (GBRMPA) has applauded the efforts of thousands of farmers and graziers who are working to boost the health of the Great Barrier Reef, after a report card showed progress is being made in improving water quality. The Australian and Queensland governments have released the Reef Plan Second Report […]

  • Ithaca’s GSA development faces further delays

    25 February 2015

    Ithaca Energy’s Greater Stella Area in the UK North Sea is facing further delays, due to the slow work on the “FPF-1″ floating production facility in Poland. The FPF-1 is being modified by Petrofac in the Remontowa yard in Poland for use on the GSA production hub and completion of this work has been described as […]

  • SSI: Increased Scrutiny Pushes Shipping Industry Forward

    15 April 2015

    Since 2012, industry progress has been driven by greater demand throughout shipping supply chains for transparency as well accelerating investments in alternatives to bunker fuel, the Sustainable Shipping Initiative (SSI) says in its report titled ‘Changing Context.’ The combined effect of greater commercial and public scrutiny of shipping and sustainability-focused legislation has also led to increasing pressure […]

  • Offshore Energy 2016 Kicks Off

    24 October 2016
    Business & Finance

    Tomorrow will see the kick-off of Offshore Energy where companies from the oil & gas and renewable industries will meet for networking, knowledge sharing and business. The past days the organization worked hard to get everything ready. Here is a little time-lapse to see the progress made: Today saw the start of the Offshore WIND […]

  • Panama Canal Expansion – August 2015 (VIDEO)

    19 August 2015
    Business & Finance, Project & Tenders

    The Panama Canal Expansion Program August 2015 progress update has been just released. The Expansion Program, largest infrastructure project since the waterway’s original construction, will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The new locks will have three chambers, water-saving basins, […]

  • UK: Technip Extends Frame Agreement with Solstad Offshore

    13 January 2014
    Business & Finance, Project & Tenders

    Technip UK Limited (Technip) has exercised the first of two yearly options to extend existing frame agreement with Solstad Offshore ASA (SOFF) for supply of vessels for construction and subsea services.   Through the frame agreement Technip will use the Normand Progress, Normand Pioneer and Normand Ranger together, minimum 360 days in 2015.   Under […]

  • Offshore Energy 2016 Kicks Off on Tuesday

    24 October 2016
    Business & Finance

    Tomorrow, October 25, will see the kick-off of Offshore Energy where companies from the oil & gas and renewable industries will meet for networking, knowledge sharing and business. The past days the organization worked hard to get everything ready. Here is a little time-lapse to see the progress made! Today saw the start of the […]

  • Stolt Tankers Receives Full Refund for Cancelled Newbuildings

    18 August 2010

    Stolt-Nielsen S.A. (Oslo Børs: SNI) said its wholly owned subsidiary Stolt Tankers B.V. received a full refund of $84.5 million plus accrued interest, as part of an early termination agreement with SLS Shipbuilding Co. Ltd. (SLS) of South Korea to cancel newbuilding contracts for two 43,000 dwt stainless steel parcel tankers. The refund was for […]

  • Clipper 05-06: Catch Up Time

    17 July 2006

    The fleet is starting to feel the effects of the high pressure ridge coming south west from Ireland, with quite patchy runs across the board. The weather chart (courtesy of the Fleet Numerical Meteorology and Oceanography Centre) shows the ridge almost on top of the fleet position. Just to the south a weak low pressure […]