10000 results found for 'progress'

10000 results found for 'progress'
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  • Technip’s Full Year Objectives Maintained in First Quarter (France)

    25 April 2013
    Business & Finance, Operations & Maintenance

    On April 23, 2013, Technip’s Board of Directors approved the unaudited first quarter 2013 consolidated financial statements. Thierry Pilenko, Chairman and CEO, commented: “In the first quarter we grew revenue in both our segments, reflecting the strong project awards over the last two years. Subsea performance reflected the early phases of recently won large contracts, […]

  • Carnegie Gets $11 Mln Government Boost (AUS)

    30 June 2014
    Business & Finance, Equipment, Operations & Maintenance

    Wave energy developer Carnegie Wave Energy Limited has been awarded LNa new $11m Australian Federal Government grant to support Carnegie’s next wave power project. The $11 million grant will be received from the Australian Renewable Energy Agency’s Emerging Renewables Program. This is matched by the $20m five-year loan facility from the Clean Energy Finance Corporation previously […]

  • Specialist Subsea Services Enters Administration

    27 February 2015
    Business & Finance

    Blair Nimmo and Geoff Jacobs of KPMG LLP were appointed as Joint Administrators of Specialist Subsea Services Limited (“S3”) on 25th February 2015.  The business has been trading since 2007 and was acquired by the Reef Group in 2009. S3 operated from leasehold premises in Aberdeen and specialised in remotely operated underwater vehicles (ROVs), offshore […]

  • Subsea 7 Sees Earnings Grow

    26 July 2017
    Business & Finance, Operations & Maintenance

    Oslo-listed Subsea 7 has booked higher profit for the quarter ended June 30, 2017 as revenues increased on boosted activity in the renewables sector and progress on its SURF projects. The subsea engineering and construction specialist posted quarterly profit of $146 million, or $43 cents per share, on revenue of $1 billion, versus profit of […]

  • Dana Gas profit jumps on increased production

    6 August 2014
    Business & Finance

    Dana Gas, the Middle East’s largest regional private sector natural gas company, today announced its financial results for the six months of 2014 and second quarter ended 30 June 2014. In the second quarter of 2014, the Company reported a 70% jump in net profit to $ 46 million (AED 169 m) as compared to […]

  • Cash Secured for Balai Cluster RSC Pre-Development (Malaysia)

    17 May 2012
    Business & Finance

    BC Petroleum Sdn Bhd (“BCP”), the company incorporated by ROC, PETRONAS and Dialog Group to operate and manage the Balai Cluster Risk Service Contract in Malaysia, has secured project finance for the pre-development phase of the project. BCP has entered into a facility agreement for the financing of the pre-development phase for US$162 million. The […]

  • i3 Energy pushes towards Liberator FDP approval

    27 July 2018
    Project & Tenders

    i3 Energy has raised $2.1 million through a placing of shares to fund a site survey and near-term engineering to enable the approval of the development plan for the Liberator field located in the North Sea.

  • Gallery: Damen launches SSV Maersk Connector

    24 July 2015

    Maersk Supply Service has on July 23, 2015, launced its subsea support vessel (SSV) Maersk Connector at Damen Shipyards Galati, Romania.  The vessel is owned and operated by Maersk Supply Service and is built to contract for a seven year charter agreement with DeepOcean. Maersk Connector is the second of a new generation of cable-laying […]

  • ICS: 2050 GHG Goal Cannot Be Achieved Using Fossil Fuels

    12 February 2019

    The shipping industry will not be able to achieve the 2050 GHG reduction target using fossil fuels, ICS said.

  • Hyperdynamics targets end of July for Fatala well spud

    27 June 2017
    Exploration & Production, Project & Tenders

    Hyperdynamics Corporation’s subsidiary, SCS Corporation Ltd. (SCS), and South Atlantic Petroleum (SAPETRO) are proceeding with the preparation to spud the Fatala-1 well off Guinea with an estimated spud date by the end of next month.  In late May, Pacific Drilling-owned drillship Pacific Scirocco entered Guinea shelf waters. The contract for the drillship was amended, stipulating the […]

  • Carnegie Cashes In EUR 7.6 Mln from Oz Government

    30 June 2014
    Business & Finance

    Wave energy developer Carnegie Wave Energy Limited was award a new AUD 11m (EUR 7.6m) Australian Federal Government grant to support Carnegie’s next wave power project. The AUD 11 million grant will be received from the Australian Renewable Energy Agency’s Emerging Renewables Program. This is matched by the $20m five-year loan facility from the Clean Energy Finance Corporation […]

  • Providence in final stages of concluding contracts for Barryroe drilling program

    28 December 2018
    Project & Tenders

    Providence Resources has made progress on key operational contractual arrangements for its planned multi-well Barryroe drilling program offshore Ireland, which is scheduled to start in 3Q 2019.

  • Wood scores pre-FEED deal for Shell’s low-carbon hydrogen project in Oman

    7 August 2024
    Business Developments & Projects, Project & Tenders

    UK-based energy giant Shell has selected Wood to deliver pre-FEED for its low-carbon hydrogen and ammonia project in Oman.

  • Thailand: Bangkok Canal Dredging 30 Pct Completed

    17 April 2012

    The Department of Drainage and Sewerage has disclosed that the canal dredging operation in 18 districts of Bangkok has now been 30% completed, believing the task will meet its deadline. According to Mr Sanya Cheenimit, Director of the Department of Drainage and Sewerage under the Bangkok Metropolitan Administration (BMA), there are 18 major locations undergoing […]

  • China: 1st locally built large cruise ship floated out

    20 December 2021
    Authorities & Government, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Regulation & Policy, Vessels

    The first large cruise ship built in China has been floated out at Shanghai Waigaoqiao Shipbuilding (SWS) shipyard, part of China State Shipbuilding Corporation (CSSC).

  • ADES on the lookout for new CFO

    8 January 2021
    Business & Finance, Business Developments & Projects

    ADES International is searching for a new Chief Financial Officer (CFO) following the resignation of Khaled Hassan, the group’s current CFO.

  • Oceanside Work in Full Swing

    3 May 2019
    Business & Finance

    The City of Oceanside Harbor, CA, said in its latest announcement that their weekly dredge progress meeting was held earlier this week with representatives of the harbor, city, USACE and Manson Construction. According to the latest update, the dredging operations began April 29th at 3:30pm and 16,000 cubic yards of sand was delivered to the […]

  • Sapura Energy to Develop SK408 Gas Fields Off Malaysia

    11 April 2018
    Operations & Maintenance, Research & Development

    Sapura Energy Berhad and its partners, Petronas Carigali and Sarawak Shell Berhad, have taken final investment decision (FID) to develop the Gorek, Larak and Bakong fields as phase 1 in the SK408 production sharing contract, offshore Malaysia. The FID follows the approval of the field development plan from Petronas and the signing of the key […]

  • Jadestone targets H2 2019 for Vietnam project FID

    28 November 2018
    Project & Tenders

    Jadestone Energy is targeting a final investment decision for a shallow water gas development located offshore Vietnam for the second half of 2019. 

  • Shearwater comes aboard seismic research consortium

    14 June 2017
    Equipment

    Seismic player Shearwater GeoServices has signed a contract to join the Full Wave research consortium as a late participant. Shearwater GeoServices said on Wednesday that the 3D anisotropic FWI code would be incorporated into the company’s OpenCPS seismic processing software for use in advanced model building and depth imaging. The OpenCPS FWI interface will be […]

  • OceanWorks employs new head of project management

    2 March 2017
    Business & Finance

    OceanWorks International, a Houston-based subsea solution engineering company, has appointed Richard Gage as its new Director of the Project Management Office (PMO).  OceanWorks said on Wednesday that Gage would be responsible for overseeing and supporting the successful execution of all projects. Through the management of the PMO, he will facilitate the required approval of project […]

  • Seatronics Makes Management Promotions

    15 May 2015
    Business & Finance

    Seatronics Ltd, an Acteon company and part of its survey, monitoring and data business, has promoted Phil Middleton from deputy managing director to group managing director. Middleton will be responsible for managing and developing Seatronics’ global business with a particular focus on long-term growth, strategy and compliance. Middleton said, “I am looking forward to working […]

  • Antrim Sells Causeway Oil to BP (UK)

    28 August 2012
    Business & Finance

    Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that, through its wholly owned subsidiary Antrim Resources (N.I.) Limited, it has executed an oil sales contract with BP Oil International Limited for the sale of Antrim’s share of oil produced from the Causeway Field in UKCS Block 211/23d […]

  • San Leon Energy plc Completes Slyne 3D Acquisition Offshore Ireland

    24 August 2010

    The Ramford Vanguard left Killybegs, August 3rd and successfully completed the 3D acquisition over the Slyne licence at a cost of just under $6 million dollars. Slyne 3D Acquisition Completed – Atlantic Margin, West Coast of Ireland San Leon Energy plc (“San Leon” or the “Company”) and its partner, Lundin, are pleased to announce the […]

  • AMEC catches Sea Lion FEED

    11 July 2014

    Rockhopper Exploration has confirmed that Premier Oil, operator of the Sea Lion field in the North Falkland Basin in which Rockhopper holds a 40 per cent interest, has now formally awarded the Tension Leg Platform (TLP) Front End Engineering and Design (FEED) contract to AMEC. As Premier confirmed in its recent IMS, pre-development activities on […]