10000 results found for 'progress'

10000 results found for 'progress'
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  • New OTEC guide on the horizon

    12 June 2017
    Business & Finance, Research & Development, Technology

    International group of experts is making progress on the development of a new ocean thermal energy conversion (OTEC) guidance document which could be released by the end of the year.

  • VIDEO: Culzean jigsaw falling into place

    26 July 2017

    Danish oil company Maersk Oil has posted a new video on its YouTube channel, showing the completion and installation of the jackets for the central processing facility (CPF) platform and the utilities and living quarters (ULQ) platform on the Culzean field in the UK North Sea.  Less than two years after the project was sanctioned, […]

  • Picture of the day: Ichthys LNG plant taking shape

    26 June 2015

    The construction on the onshore part of the US$34 billion Ichthys LNG project, operated by Inpex, is progressing well. Since breaking ground at Bladin Point in Darwin three years ago, the Ichthys LNG project onshore landscape has transformed and an LNG plant is rapidly emerging. According to Inpex, dozens of huge pre-fabricated modules weighing thousands […]

  • Poseidon Principles: Global shipping finance portfolio nears alignment with 2050 net zero goals

    13 December 2024
    Business & Finance, Outlook & Strategy

    Prompted by the continued growth of climate transparency from financial institutions, the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonization trajectories set by the International Maritime Organization (IMO), aiming to remove emissions from international shipping by 2050.

  • IOG picks HSM Offshore for EPCI work on Core Project Phase 1

    3 August 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    Independent Oil and Gas (IOG) has awarded the engineering, procurement, construction, and installation (EPCI) contract for its Core Project Phase 1 platforms to Dutch contractor HSM Offshore.

  • Lundin closing in on Edvard Grieg start-up

    4 November 2015
    Project & Tenders

    Lundin Petroleum, an oil and gas exploration and production company, is planning to start production from Edvard Grieg field, in the Central North Sea, in November 2015.  Lundin is the operator of the field located in licence PL338, south of the Grane and Balder fields and 180 kilometres west of Stavanger. The Petroleum Safety Authority (PSA) Norway […]

  • Construction Work Begins on Saudi Arabia’s Maritime Yard

    19 March 2018
    Business & Finance

    The construction process on Saudi Arabia’s new maritime yard has officially begun.

  • Norway: Bergen Group Strengthens Liquidity of Its Shipbuilding Projects

    19 December 2013
    Business & Finance

    Bergen Group ASA has accepted an indicative term sheet from a bank syndicate for a refinancing of the Group. The refinancing will mainly be used to strengthen the liquidity of the Group’s ongoing shipbuilding projects, to be completed during first half of 2014. Bergen Group’s Shipbuilding Division has for a long period experienced pressure on […]

  • Wales sees ‘significant slowdown’ in marine energy spending

    12 July 2024
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Technology

    Wales’ marine renewable energy sector delivered £29.9 million to the Welsh economy during the 2023 / 24 financial year, a significant slowdown in spending compared to last year’s total of £103.4 million, according to a report by Marine Energy Wales. The decline is thought to be down to the conclusion of European grant funding and […]

  • China: Fortune Oil Revenues Up

    25 April 2013

    Fortune Oil today reports its results for the financial year ending 31 December 2012. Corporate highlights: Agreed transformational combination of Fortune Oil’s natural gas business with that of China Gas Holdings Limited for consideration of US$400 million, of which Fortune Oil share is US$340 million. Will strengthen Fortune Oil’s strategic investment in China Gas Holdings […]

  • WATCH: The Largest Jacket on NCS

    31 July 2017
    Business & Finance, Equipment, Operations & Maintenance

    Standing 140 metres tall and weighing 26 000 tonnes, the first jacket for Johan Sverdrup is the largest on the Norwegian Continental Shelf. The steel jacket will carry the riser platform, which is one of four platforms being built in the field’s first development phase. It was built at Kværner’s shipyard in Verdal. Two of […]

  • Ichthys topsides integration moving forward

    1 July 2015

    The topsides integration phase for the Ichthys LNG project’s central processing facility (CPF) is progressing well at the Samsung Heavy Industries shipyard in South Korea. On Saturday 27 June, the Inpex-operated project celebrated the lifting of a 6400 tonne module which incorporates the CPF’s main electrical and instrumentation rooms. The lift was executed by two […]

  • China: NCS Delivers Crude Oil Carrier GAMKONORA

    7 December 2012

    New Century Shipbuilding (NCS) has delivered, three weeks ahead of schedule, an Aframax type Crude Oil Carrier with capacity of 85,000 DWT to the Indonesian owner Pertamina. The contract for construction of GAMKONORA was signed on 24 December 2010 with the total investment of US$ 52.8 million. The construction process of the ship has gone through […]

  • VIDEO: Wheatstone LNG moving forward

    11 March 2015

    Chevron’s Wheatstone LNG project, one of Australia’s largest resource projects, is 57 percent complete. The project includes an onshore facility located at Ashburton North Strategic Industrial Area (ANSIA), 12 kilometres west of Onslow in Western Australia’s Pilbara region. The foundation project includes two LNG trains with a combined capacity of 8.9 Mtpa and a domestic […]

  • SunAsia Energy and Blueleaf Energy to develop floating solar plant in Laguna Lake

    25 August 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    SunAsia Energy and its investment partner Blueleaf Energy have signed the lake lease agreements with the Launa Lake Development Authority (LLDA), securing the right to develop and construct what is said to be one of the world’s largest floating solar projects on Laguna Lake in the Philippines. Blueleaf Energy and SunAsia Energy, which was the […]

  • MOL’s Aramo Shipping welcomes LPG dual-fuel LPG/ammonia carrier

    26 April 2024
    Vessels

    Aramo Shipping (Singapore), a group company of Japanese shipping major Mitsui O.S.K. Lines (MOL), has taken delivery of a liquefied petroleum gas (LPG) dual-fuel LPG/ammonia carrier from compatriot shipyard Namura Shipbuilding.

  • Boskalis: Net Profit of EUR 150 Million Achieved in 2017

    8 March 2018
    Business & Finance

    Royal Boskalis Westminster N.V. achieved a net profit of EUR 150 million in 2017, in line with expectations. This compares to a net loss of EUR 564 million in 2016 as a result of EUR 840 million of non-cash impairment charges, the company said in its announcement.  Revenue declined by 10 per cent to EUR 2.34 billion […]

  • Prolonged ILWU Contract Talks Affecting US West Coast Ports

    10 October 2014
    Business & Finance

    The U.S. National Retail Federation (NRF) has urged the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) to reach conclusion on the new labor agreement, saying that the failure to reach an agreement is starting to have a significant and damaging impact on port operations and is contributing to congestion at the West […]

  • Euroseas Cancels Another Ultramax at Dayang

    8 September 2016
    Business & Finance

    Greek owner and operator of drybulk and container carrier vessels Euroseas Ltd. has cancelled another Ultramax dry bulker, Hull Number DY 161, under construction at Sinopacific Shipbuilding’s Dayang yard in China. The 63,500 dwt ship, which was previously scheduled for delivery at the end of August 2016, was cancelled due to excessive construction delays, the company said. Euroseas has demanded […]

  • KBR sees 3Q 2015 net income rise

    2 November 2015
    Business & Finance, Equipment

    KBR, a U.S. engineering and construction firm, on Monday reported a rise in its 3Q net income. Net income for the quarter stood at $55 million, compared to net income of $30 million in the third quarter of 2014. Consolidated revenue for the period was $1.2 billion compared to $1.7 billion in the third quarter […]

  • Norway: Songa Offshore Provides July Fleet Update

    4 August 2011
    Business & Finance

    Songa Venus has been warm stacked in Labuan, Malaysia during the month and is currently undergoing basic maintenance and client operational preparedness for the upcoming one year contract with Petronas in Malaysia. The contract is estimated to commence mid-August. Songa Mercur arrived on location 24 June and commenced drilling operations for Gazflot LLC at Sakhalin, […]

  • China: CNOOC Reports Q1 Results

    27 April 2011

      CNOOC Limited announced its results for the first quarter of 2011. During the period, the Company achieved a total net production of 85.2 million barrels of oil equivalent (BOE), representing an increase of 26.6% year-on-year (YoY). For the first quarter of 2011, the Company made five new discoveries and successfully drilled six appraisal wells […]

  • GreenMan Subsidiary Wins Dual Fuel Order in Africa

    24 November 2011

    GreenMan Technologies, Inc. announced that its APG International, Inc. (APGI) subsidiary has received a follow-on order from ODIZIM/CNG Technologies Ltd, its local distributor in Africa for the continued conversion of an existing customer’s local delivery truck fleet. The order is expected to be completed by the end of January 2012. APG’s dual fuel system converts […]

  • ILVC in Talks to Join Pacific Northwest LNG, Canada

    19 March 2013

    Intelligent Living Corp. said that the company has opened discussions for possible partnership and participation in a planned Liquid Natural Gas (LNG) development in northern BC. The alliance is expected to enhance the company’s opportunity to be a critical path supplier of services, materials and infrastructure to the proposed Progress Energy LNG development in Prince […]

  • Perth Wave Energy Project Pre-Deployment Testing Underway

    30 June 2014

    Wave energy developer Carnegie Wave Energy Limited is continuing progress on the assembly and pre-deployment testing is at BAE Systems in Henderson south of Perth and at Carnegie’s onshore project site at Garden Island in Western Australia. Current assembly and testing at Perth Wave Energy Project has been focused on the buoyant actuators, pumps, energy relief […]