10000 results found for 'progress'

10000 results found for 'progress'
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  • Minesto receives funding for next-generation mooring system

    8 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Technology

    The Swedish Energy Agency has awarded Minesto with 2.8M SEK (approximately $267,000) to support the development and testing of a mooring system for ocean energy deployment. The grant co-funds a project through which Minesto will advance the performance of the next-generation tether system that moors the powerplant to the seabed. The funding will be used […]

  • Naval Energies Plans to Reduce Headcount

    4 December 2017
    Business & Finance, Equipment, Operations & Maintenance

    Marine renewables developer Naval Energies has decided to streamline its personnel of circa 100 people in order to secure the development of the company, consolidate its growth and support its teams. It is expected that any reduction in headcount will be evenly split between France and Ireland. In France some people have already come back to Naval […]

  • UK: Forewind’s Next Steps for Development Consent

    25 October 2013

    The decision on granting the development consent order for Dogger Bank Creyke Beck is expected in late 2014 so work does not finish for Forewind with the acceptance of the application. The Planning Inspectorate has begun its pre-examination phase for the development, which will be followed by a formal examination process. Together these two steps […]

  • Meriaura Group working on a 100% carbon neutral transport concept

    31 March 2021
    Business Developments & Projects, Innovation, Research & Development

    Finnish shipping outfit Meriaura Group has started the preparation and design of a transport concept that is to achieve 100 per cent carbon neutrality.

  • MaRINET2 Sets Up Guidance Webinar for Potential Applicants

    20 August 2019
    Authorities & Government, Business & Finance, Research & Development, Technology

    As part of the fourth MaRINET2 transnational access call for offshore renewable testing, a webinar is being organised on August 28, to provide potential applicants with guidance on the application process, including recent updates to the online portal. The fourth call for the EU-funded MaRINET2 project, which offers free access to a world-leading network of […]

  • Upland, Baron given nod for ‘250 million barrel’ Wick farm-in

    16 May 2018
    Exploration & Production

    Oil companies Upland and Baron Oil have been given consent from the UK Oil and Gas Authority to farm-into Corallian-operated block in the UK North Sea, containing the Wick prospect.

  • Eni CEO and President of Mozambique talk about exploration

    2 April 2014
    Business & Finance

    The President of the Republic of Mozambique, Armando Guebuza, and Eni’s CEO, Paolo Scaroni, met today in Bruxelles for an update on Eni’s activities and projects in the country. During the comprehensive meeting, Paolo Scaroni illustrated the progress made in terms of exploration; following the completion of 11 wells, with a success rate of 100%, Eni […]

  • USA: Hess to Splash USD 6.8 Billion in 2012

    12 January 2012
    Business & Finance

    Hess Corporation, with headquarters in New York announced today a 2012 capital and exploratory budget of $6.8 billion, nearly all of which is targeted for Exploration and Production: $2.5 billion for unconventionals, $1.6 billion for production, $1.8 billion for developments and $800 million for exploration. John B. Hess, Chairman and CEO, stated, “We believe that […]

  • BlueWeek 2015: Collaboration Key for Dutch Energy Agreement Success

    28 April 2015

    The Dutch Energy Agreement can be successful only if the industry, government and researchers active in the field of offshore wind energy and energy production from water work together, Marine Renewable Energy Symposium at Deltares stressed. Acting on the principle ‘dare to share knowledge’, Deltares teamed up with MARIN and TKI Wind op Zee to […]

  • Crondall Energy to Deliver Concept Study for Pharis Energy’s Pilot Field

    13 September 2019
    Operations & Maintenance, Project & Tenders

    Crondall Energy, the floating production and subsea engineering specialist, has secured a contract by Pharis Energy to deliver the concept select study for the Pilot field development in the Central North Sea. Pharis Energy hopes to become the first operator to use steam flooding in a major offshore project – one of the concepts to […]

  • Construction of Lamu Port Kicks Off Next Month

    24 February 2015

    Construction of the Lamu port which is part of the Lamu Port Southern Sudan-Ethiopia Transport Corridor project begins next month, Uhuru Muigai Kenyatta, the President of Kenya, announced while speaking at the 1st National Maritime Conference at KICC, Nairobi. Construction on a USD 23bn  port project and oil refinery in south-eastern Kenya’s coastal Lamu region began […]

  • UK: DNV to test safe use and conversion of pipelines to transport 100% hydrogen

    27 September 2022
    Business Developments & Projects, Outlook & Strategy, Research & Development, Transition

    DNV has secured a contract to provide the evidence required to demonstrate the safe use and conversion of the local transmission systems (LTS) high-pressure pipelines for transporting 100% hydrogen in the UK. The gas distribution company SGN manages around 3,100 kilometres of the LTS pipelines in the UK and is leading this project in collaboration […]

  • Industry’s first: Furetank granted green credit guarantee

    4 April 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    Furetank has become the first shipping compnay in Sweden to receive a green credit guarantee by the the Swedish Export Credit Agency for financing a vessel of “top-class environmental and climate standard”.

  • Russia: Gazprom Board Calls for South Stream FID Before Year End

    22 May 2012
    Business & Finance

    The Gazprom Board of Directors today reviewed the progress with the South Stream project. The meeting discussed the operational status of the offshore and onshore sections of the gas pipeline. It was underlined that the project was being implemented according to schedule and the South Stream construction would be launched in December 2012. The Gazprom […]

  • Shoreham Adur Scheme January Update

    9 February 2018
    Business & Finance, Project & Tenders

    The Environment Agency has just released the latest update on the Shoreham Adur tidal walls scheme. The Shoreham Adur project is being carried out by Team Van Oord on behalf of the Environment Agency, Coast to Capital Local Enterprise Partnership, Adur District Council and West Sussex County Council. The scheme is separated into 10 reaches, or […]

  • Ithaca’s Profit Increases to USD 145 Million

    31 March 2014
    Business & Finance, Operations & Maintenance

    Ithaca Energy Inc. announced its financial results for the twelve months ended 31 December 2013, independently assessed year-end reserves and an operations update. The company reported growth in cashflow by 170% ( 2013 $ 244 million – 2012 $90 million ), resulting in cashflow per share of $0.81 (2012: $0.35). Profit after tax increased by approximately 55% […]

  • Wood Group Revenue Up 3 Pct (UK)

    20 August 2013

    John Wood Group said its revenue from continuing operations was $3,447.1m in 1H13, up 3.0%. Financial Summary Good growth in EBITA in the first half and confident of achieving full year performance in line with expectations Revenue from continuing operations of $3,447.1m (2012: $3,346.3m) up 3.0% EBITA from continuing operations1 of $243.2m (2012: $205.1m) up 18.6% […]

  • Gazprom to Launch Two LNG Plants in 2018, Russia

    28 June 2013

    Alexey Miller, Chairman of the Gazprom Management Committee held at the Company’s headquarters a meeting dedicated to the company’s promising liquefied natural gas (LNG) projects, namely LNG plants in the Primorye Territory and Leningrad Region. It was noted that the Vladivostok-LNG project with a minimum annual capacity of 15 million tons was progressing on schedule, […]

  • Caterpillar Expands Operations in United States

    17 February 2012

      Caterpillar Inc. announced today it has selected land near Athens, Georgia, as the location for a new facility that will build small tracktype tractors and mini hydraulic excavators. The state-of-the-art, one-million-square-footfacility is expected to directly employ 1,400 people once it is fully operational. The total investment for opening the new facility will be about […]

  • UK: Seajacks Provides Construction Update on New Jack-ups

    4 February 2011
    Business & Finance, Project & Tenders

      In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-build, Seajacks Zaratan, in May 2012, […]

  • UK: RWE Reduces Triton Knoll Capacity

    6 January 2014

    RWE Innogy has revised plans for the proposed Triton Knoll Offshore Wind Farm project, which is being developed off the Lincolnshire Coast in the North Sea. Work on the site design has resulted in RWE Innogy deciding to progress the development with a reduced capacity which ranges between 600 and 900 megawatts, rather than the […]

  • Aker Solutions awarded 5-year Johan Sverdrup work

    21 January 2015
    Business & Finance, Equipment

    Aker Solutions will provide engineering, procurement and management assistance (EPMA) services for five years at the Statoil-operated Johan Sverdrup development in the Norwegian North Sea. The EPMA work, valued at NOK 4.5 billion ($586.7 million), is part of a 10-year framework accord announced in December 2013 and comes after Statoil decided to exercise an option. […]

  • Lower profit and revenues for Subsea 7 in 2Q

    25 July 2019
    Business & Finance

    Subsea 7 saw a decrease in both profit and revenues during the second quarter 2019 affected by lower activity in its Renewables and Heavy Lifting business unit. 

  • CRP Announces Loss of USD 1.4 Million (New Zealand)

    31 May 2013
    Business & Finance

    Chatham Rock Phosphate Ltd today announced a loss of $1.4 million, reflecting the heighted activity of the company as it works towards gaining a mining licence and marine consent. The result compares with a loss of $741,000 in the comparative period last year. CRP is developing a seabed rock phosphate resource on the Chatham Rise, […]

  • IMO, IPIECA to Hold Its Flagship Oil Spill Response Conference in November

    24 October 2013
    Business & Finance

    The biennial Regional Conference of the Global Initiative for West, Central and Southern Africa (GI WACAF Project) will be held from the 4 to 8 November, in Swakopmund, Namibia, and will be jointly organized by the International Maritime Organization (IMO), IPIECA (the global oil and gas industry association for environmental and social issues), and the […]