10000 results found for 'progress'

10000 results found for 'progress'
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  • Petrobras in for a $20 billion refund?

    4 November 2016
    Equipment

    Brazilian oil company Petrobras, considered world’s most heavily indebted oil major, might be in for a treat. Namely, news agency Reuters has reported that the Brazilian government might pay Petrobras some $20 billion for offshore areas in Brazil that have lost value since the oil prices fell. According to Reuters, Petrobras paid more than $50 […]

  • Western Copper and Gold Launches Pre-FEED LNG Study, Canada

    20 April 2012

    Western Copper and Gold Corporation announced that it has initiated a preliminary front end engineering and design (Pre-FEED) study to evaluate technology options for a liquefied natural gas (LNG) process facility to be located at or near the Fort Nelson Gas Plant, which is about 20 km south of the town of Fort Nelson, BC, […]

  • Crown Estate: Scottish Govt’s Consents Another Milestone in Landmark Year for UK’s OW Industry

    10 October 2014
    Authorities & Government

    The Crown Estate has welcomed the announcement today from Scottish Government that four offshore wind projects have been awarded planning consent, totalling a potential 2.284 GW capacity, enough to power around 1.4 million homes. Ronnie Quinn, Lead for Energy and Infrastructure in Scotland for The Crown Estate said: “Today’s consent announcements from Scottish Government are […]

  • Crown Estate Scotland Confirms ScotWind Schedule

    29 November 2019

    Crown Estate Scotland has confirmed the timeline for the launch of the ScotWind leasing round for offshore wind projects. Crown Estate Scotland has confirmed that the launch of ScotWind will take place after the publication of Marine Scotland’s draft Sectoral Marine Plan (SMP) as announced in September. Applicants will be able to complete registration shortly after […]

  • Vår Energi suffers delays at North Sea project due to Covid-19

    30 June 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Oil and gas companies are still feeling the impact of the Covid-19 pandemic as new project start-ups are being delayed and costs are rising due to continuous challenges arising from related restrictions.

  • Woodside to bring Pluto LNG production back gradually

    18 March 2015

    Following the Pluto LNG facility shut-in, Woodside Energy said the production is to restart progressively in the coming days.

  • Provaris finalizes $3 million standby funding facility for hydrogen development plans

    6 May 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Provaris Energy secured a two-year $3 million standby facility to provide a funding alternative for the hydrogen development plans in 2024/25.

  • BAR Technologies wins DNV’s type approval

    19 June 2023
    Business & Finance, Business Developments & Projects, Certification & Classification, Equipment, Green Marine, Outlook & Strategy, Regulation & Policy, Vessels

    UK tech provider BAR Technologies (BARTech) has been awarded a full Type Approval Design Certificate (TADC) for its wind propulsion technology – BAR Technologies WindWings by Yara Marine Technologies (WindWings) – from classification society DNV. Since being awarded an Approval In Principle (AIP) for WindWings in 2021, BARTech and its industrialisation partner Yara Marine Technologies (YMT) […]

  • ARENA allocates $1.3 million for renewable hydrogen study in WA

    23 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Research & Development

    On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) is providing $1.3 million to the energy infrastructure business APA Group and the chemical manufacturing company Wesfarmers Chemicals, Energy and Fertilisers (WesCEF) for the $3.5 million ‘Parmelia Green Hydrogen Project – Feasibility Study.’ The two parties will investigate producing and transporting renewable hydrogen […]

  • Petrobras collects about $2 bln from Shell and TotalEnergies for stakes in Brazilian field

    28 April 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Shell and TotalEnergies have paid for an increased stake in the Petrobras-operated Atapu field located offshore Brazil.

  • Trafigura inks its 1st sustainability-linked loan

    18 March 2021
    Business & Finance, Environment, Regulation & Policy, Transition

    Commodity trading company Trafigura has closed its first sustainability-linked loan structure worth over $5 billion. The loan structure is comprised of a new 365-day European multi-currency syndicated revolving credit facility totaling $ 1.85 billion, as well as the extension and increase of its $3.65 billion 3-year facility. The 365-day ERCF will be used to refinance the […]

  • Woodside to spend $5 billion on new energy investments by 2030

    8 December 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    Woodside has set a new target to invest $5 billion in emerging new energy markets by 2030 as part of its strategy to “thrive through the energy transition.”

  • Subsea 7 earnings up in Q1 2021

    6 May 2021
    Business & Finance

    Subsea 7 has reported an adjusted EBITDA increase of 50 per cent in the first quarter of 2021, to $102 million, compared to $68 million from the same period in 2020. According to Subsea 7, the mentioned boost is driven by progress on Subsea and Conventional projects, high utilization of the PLSVs, and activities on […]

  • Union Grove Lake Improvement Project Moves to Planning Stage (USA)

    18 October 2013
    Business & Finance

    Union Grove Lake restoration will shift in to high gear when the Iowa Department of Natural Resources adds the 105-acre lake to its lake improvement planning in 2014. Union Grove Lake has long been on the radar for a lake improvement project. In April 2008, the DNR used EPA section 319 funding to hire a […]

  • New MRGO Report Released

    12 August 2015
    Business & Finance

    To commemorate the upcoming 10th anniversary of Hurricane Katrina, a coalition of local community and conservation advocacy groups working to restore wetlands around the Mississippi River Gulf Outlet (MRGO) released a new report yesterday. The MRGO Must Go Coalition’s report – titled “10th  Anniversary of Katrina: Making New Orleans a Sustainable Delta City for the […]

  • New Zealand: Salvors Recover 1000 Containers from Rena Wreck

    21 September 2012
    Business & Finance

    This week teams have recovered 1000 containers from the wreck of the Rena. Good progress continues to be made reducing the bow section – with in excess of 140 tonnes of steel removed over the last week. The total combined weight of steel removed is now approximately 575 tonnes. The RMG 280 crane barge, which […]

  • USA: Gulf Craft Builds Incat Crowther Catamaran Crew Boats

    3 May 2012
    Business & Finance

    Two Incat Crowther 55m Catamaran Crew Boats, to be named SEACOR Lynx and SEACOR Leopard, are under construction at Gulf Craft LLC in Louisiana, USA. The vessels’ operator, SEACOR Marine, is a progressive company that pioneered the use of fast catamarans in the offshore industry with the commissioning of SEACOR Cheetah in January 2008, and […]

  • Fincantieri, Krylov Institute Form New Shipbuilding Research Alliance

    30 July 2013
    Business & Finance

    Fincantieri, one of the world’s top shipbuilding groups, and the Krylov State Research Centre of Russia, one of the world’s most prestigious centres for shipbuilding research, have signed a framework agreement with the aim of jointly developing new projects for technological innovation within the industry. The agreement, with an initial five-year term, stipulates that a […]

  • Plexus to Exceed Its Expectations (UK)

    30 July 2013
    Business & Finance

    Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that following the end of the Company’s financial year on 30 June 2013, the Board anticipates that the full year results, which are subject to external audit, will be well ahead […]

  • Rockhopper, Premier Complete Farm-Out Agreement (Falkland Islands)

    19 October 2012
    Business & Finance

    Rockhopper, the North Falkland Basin oil and gas exploration company, has announced the completion of the farm-out agreement with Premier Oil plc. Premier has agreed to pay Rockhopper an upfront cash consideration of US$231 million, payable on completion of the transaction. Furthermore, Premier will, subject to field development plan approval, provide $722 million. Upon receipt […]

  • AED Oil Provides Update on Operations in Brunei

    17 March 2011
    Business & Finance, Project & Tenders

    AED Oil Limited wishes to provide the following update on the Lempuyang-1 well testing program. AED has made considerable progress on the procurement of downhole testing equipment and redesign. It is now anticipated that testing of the blue zone in the Lempuyang-1 well will recommence towards the end of the month. As advised in the […]

  • i3 Energy hires Gardline for Liberator site survey

    30 August 2018
    Project & Tenders

    UK independent 3 Energy has contracted Gardline Limited to conduct a site survey at its Liberator field located in the North Sea.

  • Top news, September 19 – 25, 2016

    25 September 2016
    Business & Finance

    Tidal Energy Today has compiled the top news from tidal and wave energy industry from September 19 – 25, 2016.

  • Eco Wave Takes Part in UN Climate Change Forum

    30 September 2014
    Authorities & Government, Business & Finance, Environment

    Eco Wave Power Presented its wave energy technology to world leaders, signed the Caring for Climate Business Leadership Criteria on Carbon Pricing and made a commitment to the United Nations to establish a wave energy power plant in Gibraltar by the End of 2015, as part of this forum. Eco Wave Power, the Israeli company […]

  • GLNG Reaches Major Milestones (Australia)

    31 May 2013

    Construction of Santos GLNG’s two-train liquefaction plant and export facility on Curtis Island is proceeding to program with a series of significant milestones recorded this week. On Tuesday, 28 May, the first four of 111 prefabricated steel structures arrived at Curtis Island from Santos GLNG’s module yard in Batangas, Philippines for unloading at the site’s […]