10000 results found for 'progress'

10000 results found for 'progress'
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  • McDermott achieves several operational milestones

    1 April 2014
    Business & Finance, Project & Tenders

    McDermott International, Inc. has announced an update to certain operational matters, including Malaysia (Siakap) Project, the installation of the extended tension leg platform in Brazil (Papa Terra), Azerbaijan (COP) Project, and Australia (Ichthys) Project. Through working capital management, the Company maintained its previously reported liquidity and leverage position at the end of March 2014 compared to amounts previously […]

  • Sembcorp Marine sees signs of recovery in offshore drilling market

    31 October 2017
    Equipment

    Singapore’s Sembcorp Marine returned to profit in the third quarter 2017, posting a net profit of $2.7 million, versus a net loss of $21.8 million a year ago.  The offshore rig builder’s turnover was $316.9 million, down from $888 million a year ago. The lower revenue was due to lower rig building revenue, fewer floater and […]

  • NEN to Host International Marine Energy Experts

    5 April 2019
    Authorities & Government, Business & Finance, Environment, Research & Development, Technology

    The Standardisation Institute for the Netherlands (NEN) is hosting the plenary meeting of the IEC Technical Committee TC114, developing standards for marine energy convertors, in Delft (NL) this year. From 8 to 12th April, over 60 experts from more than 10 countries convene at NEN. The plenary is chaired by Jonathan Colby from US-based turbine developer […]

  • Ocean Energy Systems Expects Wave and Tidal Energy Boom in 2020

    20 November 2019
    Business & Finance, Research & Development, Technology

     Ocean Energy Systems is predicting strong advances in ocean energy in 2020, driven by public and private sector funding. The last OES annual report highlights significant international investment including $25 million pledged by the US Department of Energy to support 12 ‘next-generation’ marine energy projects and Wave Energy Scotland committing £7.7 million in two […]

  • USA: Ingalls Shipbuilding Recognized as Fit-Friendly Worksite

    30 April 2013

    Huntington Ingalls Industries announced on April 29 that its Ingalls Shipbuilding division has received a Platinum Award in the American Heart Association’s Fit-Friendly Worksite program. This is the highest level recognized by the AHA for companies that demonstrate progressive leadership in making the health and wellness of their employees a priority. “Our shipbuilders are the […]

  • TPT Declares Force Majeure at Richards Bay Terminal

    13 October 2017
    Business & Finance

    South African terminal operator Transnet Port Terminals (TPT) has declared Force Majeure at its terminal facilities in Richards Bay following the strong storm that hit the region on Tuesday, October 10. TNT said that the decision was made due to the damage caused by extreme weather conditions which have impacted terminal operations. “These unforeseen incidents are beyond […]

  • Eagle Bulk Trims Loss in 2Q

    8 August 2017
    Business & Finance

    Owner and operator of dry bulk vessels Eagle Bulk Shipping ended the second quarter of 2017 with a narrowed net loss of USD 5.9 million, compared to a net loss of USD 22.5 million reported in the same quarter a year earlier.  Adjusted EBITDA amounted to USD 9.3 million in 2Q 2017, compared to a […]

  • NHA and MRC forge partnership to advance marine energy development

    19 March 2024
    Collaboration, Outlook & Strategy, Vision

    U.S. National Hydropower Association (NHA) and Marine Renewables Canada (MRC) have inked a memorandum of understanding (MoU) to improve the development of marine energy resources. This partnership emphasizes the commitment of both organizations that are dedicated to advancing marine energy solutions, to promote the marine energy industry on a global level. Under this MoU, NBA […]

  • Plexus Results to Exceed 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 […]

  • Crux JV Accepts Five Year Retention Lease Offer, Australia

    12 February 2013

    Nexus Energy said that the Crux Joint Venture has accepted the offer from the Joint Authority for the issuance and service of a five year Retention Lease. The Crux Joint Venture, comprising of Nexus Energy WA, Shell Development (Australia) Proprietary and Osaka Gas Crux, have reviewed and formally accepted the attaching conditions and work program […]

  • First UK-Germany energy link enters next stage of construction

    9 May 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    The first-ever energy link between the UK and Germany is moving into the next stage of construction as foundation works are underway on a new UK converter station. The €2.8 billion NeuConnect project will see new converter stations built on the Isle of Grain in Kent and the Wilhelmshaven region in northern Germany, connected by […]

  • Quadrise readies for MSAR and bioMSAR fuel trials, eyes commercial supply

    6 February 2024
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Research & Development, Technology, Vessels

    UK-headquartered Quadrise has signed a collaboration agreement with renewable biofuels supplier Cargill NV and MAC2 Solutions, part of Group Machiels, concerning the production of MSAR and bioMSAR fuels for its forthcoming marine vessel trials. Upon completion of trials, Quadrise aims to commence commercial supply of MSAR and bioMSAR fuels in Port of Antwerp-Bruges. The collaboration agreement covers […]

  • Neptune Energy elects new MD for Egypt

    25 November 2020
    Business & Finance, Business Developments & Projects

    Neptune Energy has appointed Mohamed Mounes Shahat to take on the role of Egypt Managing Director, based in Cairo, starting December 2020.

  • Shell vows to halve scope 1 and 2 emissions by 2030

    28 October 2021
    Business & Finance, Business Developments & Projects, Environment, Transition

    Shell has set a new target to reduce its Scope 1 and 2 emissions by 50 per cent compared to 2016 levels by 2030, regardless of the outcome of its appeal against the Dutch Court’s ruling.

  • Lloyd’s Register approves Ricardo’s hydrogen solution for maritime

    14 May 2024
    Business Developments & Projects, Certification & Classification, Green Marine, Innovation, Regulation & Policy, Research & Development, Rules & Regulation, Technology

    Ricardo has received approval in principle (AiP) from Lloyd’s Register for the design of its multi-megawatt containerized fuel cell power plant solution.

  • ICS Welcomes Navigational Safety Improvements in Singapore Strait

    2 October 2012
    Business & Finance

    ICS Welcomes Progress by Governments to help improve Navigational safety in Malacca/Singapore Straits. The International Chamber of Shipping (ICS), which represents 80% of the world merchant fleet, has welcomed the outcome of an important meeting between governments to advance navigational safety in the strategically vital Malacca and Singapore Straits, where there are about 70,000 transits […]

  • Dana Buys Equity in Two Blocks in Danish and German Waters

    16 December 2013

    Dana Petroleum has acquired equity in two licences in the Danish and German sectors of the Southern North Sea.   Dana will acquire 40 per cent equity and operatorship of the Danish 12/06 licence and 56 per cent equity and an option for operatorship of the German B20008-73 licence from PA Resources (PAR) UK Ltd. […]

  • MaREI seeks tidal energy research fellow

    24 May 2022
    Business Developments & Projects, Collaboration, Equipment, Human Capital, Innovation, Outlook & Strategy, Research & Development, Technology

    SFI MaREI Centre has invited applications for a full-time fixed term position as research fellow in tidal energy as part of the TIDAL-GES project at NUI Galway in Ireland.

  • UK: 2011 Unusually Good Year for BP, CEO Bob Dudley Says

    26 July 2011
    Business & Finance

      BP today said that it expects future cash flows generated by its worldwide operations to grow faster than output. This growth is expected in both its upstream and downstream businesses as the company delivers its strategic priorities, increases its investment in future growth opportunities and portfolio work continues. Introducing BP’s financial results for the […]

  • KrisEnergy hires PV Drilling jack-up for Cambodia drilling

    14 August 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Singapore’s KrisEnergy has hired a jack-up drilling rig operated by PV Drilling for drilling operations offshore Cambodia.

  • ExxonMobil CEO Says World Energy Demand Growth is Cause for Economic Optimism (Qatar)

    6 December 2011

    Future growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation​, said today. ExxonMobil is forecasting the global economy to more than double in size between 2010 and 2040, and during that time energy demand […]

  • WES outlines EuropeWave project plans

    3 March 2021
    Authorities & Government, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology

    Wave Energy Scotland (WES) has unveiled details about the expected starting date and the proposed scope for the upcoming pre-commercial procurement (PCP) process for the EU-funded EuropeWave project.

  • BW LPG’s 1st retrofit to LPG as fuel set for completion by October 2020

    26 August 2020
    Environment, Transition, Vessels

    The LPG deck tanks intended for retrofitting of the BW Gemini, an LPG tanker operated by Singapore-based BW LPG, the world’s largest liquid petroleum gas shipping company, are en route for installation, the company said in an update. BW Gemini is the first of the initial two vessels selected for retrofitting to LPG as fuel […]

  • Carnegie Publishes Annual Report (Australia)

    3 October 2011

      Carnegie is an Australian Stock Exchange listed company focused solely on the development and commercialisation of its proprietary CETO wave energy technology. Carnegie’s West Australian base encompasses the West Perth head office, the Fremantle Private Wave Energy Research Facility and the commercial scale test site off Garden Island. The propriety CETO wave energy technology […]

  • IMO Secretary-General urges states to find common ground as shipping climate talks start in London

    1 October 2024
    Authorities & Government

    The International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has urged countries to focus on solutions and areas of convergence as ongoing negotiations on cutting emissions from ships at the Marine Environment Protection Committee (MEPC 82) begin this week in London.