10000 results found for 'progress'

10000 results found for 'progress'
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  • UAE: Dubai Courts Delegation Visits Jebel Ali Port

    14 May 2013
    Business & Finance

    The importance of a strong legal framework in building a sustainable business was underlined during a visit by Dubai Courts to DP World’s flagship Jebel Ali port recently. Top officials from Dubai Courts led by Dr. Ahmed Saeed Bin Hazim, Director General of Dubai Courts, were welcomed by HE Jamal Majid Bin Thaniah; Vice Chairman, […]

  • New Submarine Rescue Systems Nearing Completion at JFD

    17 November 2017
    Business & Finance, Equipment, Research & Development

    JFD said it is progressing with the build of its new 3rd generation submarine rescue systems (SRS), ready for delivery to its customer in 2018. The SRS has been developed by JFD to maximise the chances of successfully rescuing the crew of a distressed submarine (DISSUB) and is said to be the culmination of over […]

  • UK: RWE Updates on Triton Knoll Electrical System

    10 October 2012
    Storage

    To connect an offshore wind farm to the electricity network, electrical infrastructure will be needed both onshore and offshore. For Triton Knoll, this is likely to include: – offshore cables running from the offshore wind farm to land on the Lincolnshire coast and underground cables running from the landfall to the connection location at Bicker […]

  • Skangass raises roof on Pori LNG storage tank

    24 April 2015

    Skangass informed that progress has been made on its first liquefied natural gas terminal in Finland as the company raised the storage tank roof and held topping out ceremony at the Pori LNG facility.

  • Skangass raises roof on Pori LNG storage tank

    24 April 2015

    Skangass informed that progress has been made on its first liquefied natural gas terminal in Finland as the company raised the storage tank roof and held topping out ceremony at the Pori LNG facility.

  • Severn Estuary tidal range energy feasible, Commission says

    21 March 2025
    Business Developments & Projects, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development, Vision

    The Severn Estuary Commission has confirmed that tidal range energy in the Severn Estuary is a viable option for renewable power generation.  However, due to stakeholder concerns, commercial barriers, and legislative challenges, the Commission has ruled out the development of a large barrage at this stage. Marine Energy Wales noted that instead, it recommends advancing […]

  • WHL Energy Gets Initial “Fast-Track” Data from Junon 3D Survey

    16 October 2014
    Business & Finance, Operations & Maintenance

    Australian energy company WHL Energy Limited has received the initial “fast-track” data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. This post-stack migration volume is an intermediate product in the Pre-Stack Time Migration (PreSTM) processing of the 1,528 km2 Junon 3D seismic survey. An initial review […]

  • Ophir completes Seychelles survey

    29 July 2014
    Project & Tenders

    Australian energy company WHL Energy Limited has announced that 1,528 km2 Junon 3D seismic survey, offshore Seychelles, has been completed. The specialist seismic acquisition vessel M/V Polar Duchess contracted by Ophir Energy, operator of the jointly held Seychelles exploration blocks is demobilising from the survey area. The survey has been completed with no reportable environmental or […]

  • Boa breaks off two shipbuilding contracts with Nantong Mingde

    29 July 2015
    Business & Finance

    Boa PSV AS, a 100 % owned subsidiary in the Boa Offshore group, has now cancelled the shipbuilding contracts for two multi-purpose support vessels (MPSVs) with Nantong Mingde Heavy Industry in China.  The company said that cancellation notice further claims repayment of all advance payments, including interest according to the contracts. Furthermore, refund guarantees from […]

  • Eco Atlantic completes Cooper basin seismic survey (Namibia)

    17 November 2014

    Eco (Atlantic) Oil & Gas Ltd. has completed its 1,097 km2 3D seismic survey on the Cooper block located in the Walvis Basin, offshore Namibia. The survey was executed by PGS Geophysical Ltd. using its high resolution GeoStreamer technology. The Survey began on October 16th and was completed today. Eco Atlantic has contracted PGS to begin […]

  • US Senators Ask DHS to Boost Staffing at West Coast Ports

    7 April 2015

    Four US Senators have urged the Department of Homeland Security (DHS) Secretary Jeh Johnson to increase Customs and Border Protection (CBP) staffing at the Ports of Seattle, Long Beach, and Los Angeles  According to a letter signed by Senators Sherrod Brown, Maria Cantwell, Richard Blumenthal, and Tammy Baldwin, extra staffing is needed to give these ports the ability to […]

  • JOGMEC, Partners Conduct Mozambique Gas Utilization Study

    20 March 2014

    At the “Mozambique – Japan Investment Forum” in Maputo, attended by Japanese Prime Minister Shinzo Abe and President of Mozambique Armando Guebuza, JOGMEC, ENH and MITSUI signed a JSA to apply JAPAN-GTL process with the aim of the utilization of the gas produced from offshore Mozambique. JOGMEC and MITSUI have begun studying how to progress […]

  • Premier’s Catcher remains on target as costs drop further

    12 January 2017
    Project & Tenders

    Premier Oil, a UK-based oil company, has further lowered the capex for its Catcher development in the UK North Sea. The forecast now says capex will be 29 percent lower than at sanction. Premier Oil said in an update on Thursday that the total capex is now forecast at $1.6 billion, which is $100 million less […]

  • Italy: Eni Profit Dives

    1 August 2013

    Eni, the international oil and gas company, announced its group results for the second quarter and the first half of 2013. Financial Highlights1 Adjusted operating profit: €1.95 billion for the quarter, down 51%2; €5.66 billion for the first half, down 43%2 including Saipem losses which have been recognized in the second quarter; Adjusted net profit: […]

  • South African Ship Registry Failing to Gather Speed

    26 December 2019

    SAMSA is disappointed with the slow growth of the South African Ship Registry.

  • UK Firms On Track to Take Half of Local Offshore Wind Cake

    17 November 2015
    Business & Finance, Operations & Maintenance

    A growing number of UK companies are getting involved in the development, construction and operation of offshore wind farms in British waters, with 43% of the expenditure incurred in planning, building and running offshore projects already going to local companies, according to a new report issued during the UK’s first Offshore Wind Week. During the Offshore Wind Week, the […]

  • Shell cancels $900M offshore assets sale in Thailand

    4 October 2017

    Shell will not be selling its Thai assets to Kuwait’s KUFPEC, as the two companies have mutually agreed to cancel the previously agreed deal. The Anglo/Dutch oil giant on Wednesday said that its subsidiary, BG Asia Pacific, and KUFPEC Thailand , a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), had mutually agreed to cancel the […]

  • HSH Nordbank to Sell USD 3.7 Bn, Transfer USD 5.6 Bn in Bad Loans

    9 June 2016
    Business & Finance

    Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance is putting up for sale up to EUR 3.2 billion (USD 3.7 bln) worth of non-performing loans. “The bank has also already identified the exposures of up to USD 3.2 billion that are to be sold on the market by mid 2017. Unlike the portfolio to be […]

  • Chevron teams up with Angelicoussis for ammonia carrier study

    14 April 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Vessels

    Energy major Chevron, through its subsidiary Chevron Shipping Company, and the Angelicoussis Shipping Group, through its Energy Transition division Green Ships, have made a Joint Study Agreement (JSA) to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel. Through the JSA, the two companies said they aim to advance […]

  • Total Reports Drop in Profit (France)

    26 April 2013

    French oil giant Total today reported its adjusted net income for the first quarter of 2013. The group’s adjusted net income was  $3.8 billion, a 6 per cent drop when compared to $4.0 billion achieved in the same period a year before. Commenting on the results, Christophe de Margerie, Chairman and CEO said :”The Group delivered […]

  • Dong Energy’s Earnings Up Thanks to Offshore Wind

    31 October 2014
    Business & Finance

    DONG Energy issued an interim financial report for 9M 2014, which states that the company’s EBITDA was DKK 13.0 billion for this financial period, compared with DKK 11.2 billion for 9M 2013. The increase relative to the same period last year was due to higher earnings from wind activities, including a gain from the divestment of […]

  • Wood Group Reports Strong 1H Performance

    20 August 2013
    Business & Finance

      Wood Group, an international energy services company, has announced its half year results for the six months ended 30 June 2013. The Company reports good growth in EBITA in the first half and is confident of achieving full year performance in line with expectations. Revenue from continuing operations was $3,447.1m (2012: $3,346.3m) up 3.0%. […]

  • Neptune Reports Disappointing First Half Result (Australia)

    1 March 2013
    Business & Finance, Operations & Maintenance

    Neptune Marine Services Limited has reported a statutory operating loss before tax of $21.952m (Dec 2011: profit $1.840m), the consolidated loss of the Group after providing for income tax amounted to $22.446m (Dec 2011: profit $1.278m). The group suffered a downturn in revenue in the first half with revenues dropping from $60.593m in December 2011 […]

  • Russia: Gazprom, Itochu Discuss Vladivostok LNG Project

    19 October 2011

    The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Eizo Kobayashi, President of Itochu Corporation. The parties discussed the development directions for the mutually beneficial cooperation. In particular, the meeting analyzed the progress with the research activity required for the perspective project on an LNG plant construction near Vladivostok. During the meeting the […]

  • China: Afai’s 34m Ferry Xunlong 5 Completes Sea Trial

    30 January 2012
    Business & Finance

    To insure the early sea trial and successful delivery of Xunlong No.5, the first vessel of 34m ferry project, since its launching, Afai Southern did its best to take various effective measures as quickly as possible, carried out the outstanding works before sea trial, and make sure meeting the requirements of sea trial. By the […]