10000 results found for 'progress'

10000 results found for 'progress'
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  • Shell profit soars in first quarter

    26 April 2018
    Business & Finance

    Oil major Shell saw its first quarter profit soar underpinned by higher oil and gas prices. 

  • Trapoil Buys More Stake in Surprise/Nutmeg Discoveries

    2 May 2013

    On 1 May 2013, Trapoil agreed to acquire an additional 85 per cent working interest in Licence P.1267 (Blocks 12/25a & 13/21b) containing the Surprise and Nutmeg oil discoveries, from Dana Petroleum (E&P) Limited (“Dana”) in accordance with the terms of the joint operating agreement previously entered into by the parties in respect of Licence […]

  • Denmark: IMO Holds Meeting on Ship Design and Equipment for Crew Protection Against Noise

    24 February 2012

    United Nations’ International Maritime Organization (IMO) has just held a meeting in the Sub-Committee on Ship Design and Equipment (DE). With Denmark as the promoter, the DE Sub-Committee has strived to develop new, binding, international regulations on the protection of the crew against noise. The work is about to be finalized, and at the meeting […]

  • OPT’s loss for 2022 widens, with slight rise in revenues

    18 July 2022
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fiscal year 2022, compared to the same period a year earlier, recording also a slight rise in revenues for the period.

  • Seaway 7 tapped for $500+ million offshore wind contract in Scotland

    7 June 2022
    Business Developments & Projects, Project & Tenders

    Seagreen 1 Limited has selected Seaway 7, the Renewables & Heavy Lifting business unit of Subsea 7, as a preferred supplier for the Seagreen 1A wind project offshore Scotland, with the final contract expected to be valued between $500 million and $750 million. Seagreen 1A lies adjacent to the existing Seagreen project that Seaway 7 […]

  • RenewableUK Welcomes 2020 Group’s Renewable Energy Support

    8 January 2013

    RenewableUK, the trade and professional body representing the wind and marine energy industry, has welcomed a call from an influential group of Conservative MPs to support the growth of renewable energy. Members of the 2020 group, made up of more than 60 Tory MPs, describe themselves as progressive and forward-looking Conservatives. It includes several high-profile […]

  • First oil from Kraken expected by end of June

    25 May 2017

    EnQuest has informed that its Kraken field in the UK North Sea is expected to start producing oil by the end of June. The Kraken field, to be developed using the Armada Kraken FPSO, is a large heavy oil accumulation located in the East Shetland basin, to the west of the North Viking Graben some […]

  • Carnegie to introduce CETO 6 in Albany instead of Wave Hub

    27 February 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Carnegie Clean Energy has shifted the immediate focus for delivery of the first CETO 6 prototype from Wave Hub in Cornwall to Albany in Western Australia, while continuing the UK development activities.

  • Rick Perry wins favorable vote to head US Department of Energy

    1 February 2017
    Authorities & Government, Business & Finance

    The US Senate Committee on Energy and Natural Resources has voted in favor of the nomination of Rick Perry as the Secretary of Energy for the United States.

  • ACP Pending GUPC Report on Cocoli Lock Leak

    8 September 2015
    Business & Finance

    Panama Canal Authority (ACP) is now awaiting a formal report on the leakage from the newly constructed third set of locks of the long-awaited Panama Canal expansion project from the construction contractor Grupo Unidos por el Canal (GUPC), following detailed inspections. “The report will be inclusive of the root cause analysis conducted, as well as the […]

  • UK: CTruk Signs Deal for Paul Knight’s 20T Multi-Purpose Catamaran Design

    26 June 2013

    Essex-based CTruk topped off a busy first day at Seawork International by signing an agreement with a new client, Paul Knight, for their now proven composite 20T multi-purpose catamaran design. Isle of Mull-based Paul started his own shellfish export business at the age of 18 and has always had a head for opportunities. Later adding […]

  • APM Terminals Releases Sustainability Report (The Netherlands)

    6 May 2013
    Business & Finance

    The third annual APM Terminals Sustainability Report was released, detailing continued progress in safety performance and the reduction of the environmental impact of the APM Terminals Global Terminal Network, and introducing a set of Community Investment Guidelines in recognition of the powerful influences that significant new investment and operations can have on local populations. These […]

  • Venezuela Seizes 150 Kg of Cocaine from Tanker

    9 October 2018

    Venezuela seized around 150 kilograms of cocaine from the 47,018 dtw chemical tanker José Progress.

  • Italy: Cargo Ship Slams into Control Tower, Kills Three

    8 May 2013
    Business & Finance

    Three people have died and four have been hospitalized after a cargo ship, identified as Jolly Nero of the Italian shipping line Ignazio Messina & C., crashed into a control tower on Tuesday night at around  23:00 in the Italian port of Genoa, BBC News reports citing Italian media. Accordingly, ten people were in the […]

  • WEDA Conference Set for August 25 (USA)

    2 July 2013
    Business & Finance

    The Western Dredging Association (WEDA) and Texas A & M University will host its Annual Western Hemisphere Dredging Conference (WEDA 33 and TAMU 44) August 25-28, 2013 at the “HILTON HAWAIIAN VILLAGE” in Honolulu, Hawaii. The theme of this conference “So That Ships May Pass” will focus on the Historical, Structural and Operational Development of […]

  • Egypt Ports Conference Approaches

    1 April 2015
    Business & Finance

    Egypt stands poised to take advantage of great advances in trade infrastructure; expanding the Suez Canal, developing its ports and revitalizing its core infrastructure through the creation of new economic and infrastructure developments. With tight deadlines and ambitious vision, these projects represent the biggest infrastructural changes Egypt has seen in modern times. As these projects […]

  • News in Photos: Huta Marine Working on Abdulaziz Port

    5 January 2015
    Business & Finance, Project & Tenders

    Huta Marine Works Ltd., one of the largest operators in the Middle East and with the largest fleet in the Kingdom of Saudi Arabia, is about to complete a major port in the kingdom eastern region. Its vessels Huta 1 and Huta 2 are in the final stages of dredging, in order to complete King Abdulaziz Port project. Approach […]

  • Dissolved Oxygen Injection System Time-Lapse VIDEO

    24 August 2016
    Business & Finance, Project & Tenders

    The U.S. Army Corps of Engineers, Savannah District, has just released a time lapse video that shows the progress CDM Smith Construction has made at the Dissolved Oxygen Injection System. The Dissolved Oxygen Injection System is an environmental mitigation feature of the Savannah Harbor Expansion Project (SHEP). It involves installing, operating and maintaining 12 devices called […]

  • Russia: Gazprom to Develop Shipbuilding Sector in Murmansk Region

    11 August 2011

    Murmansk hosted Wednesday a working meeting between Alexander Ananenkov, Deputy Chairman of the Gazprom Management Committee and Dmitry Dmitrienko, Governor of the Murmansk Oblast. The parties discussed the prospects for developing the regional shipbuilding sector placing an emphasis on a possible rise in orders on shipbuilding and offshore platforms construction taking into account intense development […]

  • Sheringham Shoal Wind Farm Gets Visitor (UK)

    3 October 2011

      There was some excitement yesterday in Wells-next-the-Sea, as John Craven and the team from BBC’s Countryfile arrived for a planned visit to the Sheringham Shoal Offshore Wind Farm. Arriving at the Scira offices at 5.30am in the morning for a safety induction, John and his film crew then departed from the Outer Harbour on […]

  • VIDEO: NewPriok Development on the Way

    15 May 2015
    Business & Finance, Project & Tenders

    Construction works on a new container terminal at Tanjung Priok Port, Jakarta, Indonesia, are progressing according to schedule and within the budget.  The NewPriok Project is expected to greatly increase Jakarta’s port capacity through increasing the port’s water depth to 20 meters in order to accommodate larger and newer types of vessels with more than 15,000 TEU […]

  • Pontoon Mak Reaches Genoa for S13 Sponson Repair

    16 May 2014
    Business & Finance, Equipment

    Pontoon Mak has reached Genoa with S13 where the sponson will be repaired, according to The Parbuckling Project. The S13 sponson suffered disequilibrium earlier this month and has been brought back in a horizontal position at the Costa Concordia wreck site. The sponson collapsed after it lost balance due to the movement of internal water […]

  • Denmark: TORM Reaches Temporary Standstill with Its Bank Group and Time Charter Partners

    15 April 2012
    Business & Finance

    TORM and the Company’s bank group have as expected extended the deferral of installments and covenant standstill until 30 April 2012. The temporary agreement is subject to the continued progress of the negotiations towards the financing framework agreement in principle as described in announcement no. 14 dated 4 April 2012. Simultaneously, the vast majority of […]

  • Amec Foster Wheeler CEO leaves

    19 January 2016

    UK-based LNG engineer Amec Foster Wheeler on Monday said its chief executive officer Samir Birkho is stepping down from his position after nine years in charge.

  • Steel Cutting Ceremony Held for Axis’ Accommodation Unit (China)

    1 March 2013

    Axis Offshore celebrated steel cutting according to the construction schedule with Cosco on 28th February 2013 for its first semi-submersible accommodation unit. The Axis Offshore site team manager, Magnus Olsson, congratulated the yard project manager, Wang Jianqiang, on the planned progress made by Cosco. The new accommodation vessel, worth over $200 million, is ordered by […]