10000 results found for 'progress'

10000 results found for 'progress'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. 

  • Empyrean busy ticking all boxes to drill high impact well off China despite poor weather

    10 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Empyrean Energy is working to start drilling a prospect offshore China, which has already been delayed due to challenging sea conditions.

  • Armour Energy Updates on Egilabria 2 Well, Australia

    6 June 2013

    Armour Energy provided an update of progress with drilling of the Egilabria 2 vertical well in the Company’s 100% owned tenement (ATP 1087) in Queensland. As previously reported on 24th May, the first well stage was drilled to a depth of 322m and a 13‐3/8” casing was then set and successfully cemented at the base […]

  • Thoughts after Thetis 2014: Social Acceptability of Marine Energy

    22 April 2014
    Research & Development, Technology

    Chris Campbell, Executive Director of Marine Renewables Canada, has written an article after the organization’s participation in Thetis 2014 marine renewable energy conference in France. At France’s Thetis 2014 conference and tradeshow, Marine Renewables Canada was engaged in intensive meetings with local development agencies and in the B2B meetings stimulated by the world’s interest in […]

  • Premier gets another financial covenant test deferral

    29 December 2016
    Business & Finance

    Independent UK oil company Premier Oil has received another, monthly deferral in respect of the test of its financial covenants.  The company said on Thursday that the test for the 12 month period ending December 31, 2016, was waived and replaced by a test for the 12 month period ending January 31, 2017. Premier noted […]

  • Hallin Penrith Sinks Offshore Myanmar

    23 January 2013
    Business & Finance

    Hallin Marine has confirmed that its offshore support vessel Penrith sunk last week off the coast of Myanmar. In an e-mail sent to Offshore Energy Today, the company informed that all 42 crew members were rescued. Hallin said that there were no injuries to personnel other than two minor first-aid cases caused by the initial […]

  • Saxon Harbor Dredging Works Moving Along Nicely

    17 July 2018
    Business & Finance

    The Saxon Harbor (WI) dredging program is coming along nicely, according to the latest update from the Iron County Forestry and Parks. Dredging is progressing nicely with nearly the entire north basin completely dredged, the County announced yesterday. The Saxon Harbor dredging program involves removing debris and sediment from Oronto Creek in order to restore the flow of the […]

  • Meeting on Wainui Beach Erosion Management Strategy This Week

    17 July 2018
    Business & Finance

    Gisborne District Council said in their announcement that a public information session will be held this week to update residents on progress of the Wainui Beach Erosion Management Strategy (WBEMS). The council said that, during the meeting, residents will learn more about recent hearing decisions in relation to the management strategy. Long term, the Wainui […]

  • HHI Update: Sea Pines South Beach Work Underway

    28 July 2016
    Business & Finance

    In its latest update on their 2016 Beach Nourishment Project, the Town of Hilton Head Island said that the beach area between Tower Beach and Belted Kingfisher Lane is currently restricted for beach renourishment construction. As a result of the progress made to date, the town and its contractor Weeks Marine have updated the beach renourishment […]