10000 results found for 'progress'

10000 results found for 'progress'
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  • The Netherlands: SBM Offshore’s 3Q Revenues Hit USD 2.2 Billion

    17 November 2011
    Business & Finance

    SBM Offshore, a Dutch-based global group of companies selling and renting systems and services to the offshore oil and gas industry, today announced its 3rd quarter revenues of $2.2 billion. The company’s order portfolio on 30 September 2011  stood at US$ 15.7 billion, which is an increase of 53% when compared to the same period […]

  • Treaty 8 First Nations oppose BC’s LNG MoU with Petronas

    22 May 2015

    The leadership of Fort Nelson First Nation, Prophet River First Nation and West Moberly First Nations are astounded by the province of British Columbia’s PDA and LRTA with Petronas, for the company’s proposed Pacific NorthWest LNG development on the West Coast.

  • Shah Deniz offshore installation contract awarded

    30 April 2014
    Business & Finance, Equipment, Project & Tenders

    The Shah Deniz consortium announce a major offshore transport and installation contract award for the Stage 2 development of the Shah Deniz field to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium. The award of this $1.8 billion contract, part of the Shah Deniz Stage 2 and South Caucasus Pipeline […]

  • Petroci Increases Stake in Gazelle Field EEA (Ivory Coast)

    30 August 2012
    Business & Finance

    Rialto Energy Ltd has announced thatPetroci Holdings, the Government of Côte d’Ivoire state-owned oil and gas company, has elected to increase its paying interest in the Gazelle Field Exclusive Exploitation Area (“Gazelle Field EEA”) which is located within Block CI-202. Petroci Holdings, which currently holds a 15% interest (comprising a 5% paying interest) in Block […]

  • Statoil firms up plans to appraise Verbier oil discovery

    29 January 2018
    Exploration & Production, Project & Tenders

    Statoil has made plans to drill an appraisal well on the recent Verbier oil discovery located in the outer Moray Firth on the UK Continental Shelf. 

  • Tanker Market to Ride Out Another Year of OPEC Cuts

    1 December 2017

    Aimed at rebalancing the oil market, the Organization of Petroleum Exporting Countries (OPEC), joined by non-member countries led by Russia, agreed to extend the oil production cuts until the end of 2018. OPEC said that due to the uncertainties associated mainly with supply and, to some extent, demand growth it is intended that in June 2018, the opportunity of further adjustment actions […]

  • Cyprus: Deep Sea Supply Increases Revenues

    27 February 2013
    Business & Finance

    Deep Sea Supply reports consolidated revenues of MUSD 38.9 in 4Q 2012 compared to MUSD 32.1 in 4Q 2011. Total operating expenses in 4Q 2012 were MUSD 23.6 compared to MUSD 19.4 in 4Q 2011. This resulted in EBITDA of MUSD 16.6 in 4Q 2012, compared to MUSD 14.0 in 4Q 2011. Following financial expenses […]

  • Amphibious Transport Dock Ship USS San Diego Completes Builder’s Sea Trials

    4 October 2011

    The future USS San Diego (LPD 22) successfully completed Builder’s Trials, Oct. 1, marking a significant milestone as the ship progresses toward delivery to the Navy. LPD 22 is the sixth LPD 17 class amphibious transport dock ship and the second ship of the class to be completely constructed at Huntington Ingalls Industries (HII) in […]

  • PNG LNG Project on Track

    30 November 2012

    The year 2012 has seen the PNG LNG Project reach numerous construction milestones, including the completion of all 120 pipe rack modules on the LNG jetty. The LNG jetty is 2.4 kilometres long and is the station for vessels loading LNG once production starts. The third quarter 2012 PNG LNG Quarterly Environmental and Social Report, […]

  • Siem Offshore Gearing Up for 3 OWF Inter-Array Gigs

    23 February 2017
    Business & Finance

    Siem Offshore Contractors (SOC) is preparing for work on three upcoming offshore wind projects, for which the company signed contracts last year, while also nearing completion for several projects currently underway.

  • DUPI – tackling the challenges of insuring offshore energy

    29 October 2021

    Maritime insurance undoubtedly plays a critical role in the offshore energy industry. And because the offshore energy industry is in a constant state of technological advance, one of the major challenges facing today’s insurance sector is to develop services that meet the changing needs of its clients’ operations. “One of the major trends currently taking […]

  • Santos: Halyard-1 Starts Gas Production (Australia)

    2 June 2011

      Santos announced that gas production had commenced from the Halyard-1 well, located in the Greater East Spar development area offshore Western Australia. Halyard gas will be produced via the East Spar pipeline and processed through the Varanus Island gas plant, which also processes Santos’ gas from the John Brookes field. Santos’ overall production and […]

  • Gazprom’s Power of Siberia pipeline 83 percent done

    22 May 2018

    Russian gas giant Gazprom said it has built over 1,790 kilometers of its Power of Siberia pipeline, reaching over 83 percent.

  • Maersk joins initiative to accelerate transition to net zero steel industry

    8 April 2022
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Transition

    Maersk has decided to join Climate Group SteelZero, a global initiative that aims to accelerate the transition to a net-zero steel industry.

  • CGX’s Eagle-1 Well Offshore Guyana Disappoints

    8 May 2012
    Business & Finance

    CGX Energy Inc. announces the results of the drilling of the Eagle-1 well on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License (“PPL”), offshore Guyana. The Eagle-1 well reached total depth of 4,328 metres on April 25th in the upper Cretaceous Maastrictian geologic zone on an 8 ½ ” diameter hole and with […]

  • Rockhopper says Sea Lion costs slashed. Takes note of UK, Argentina deal

    15 September 2016

    Rockhopper, an independent oil and gas company working in partnership with Premier Oil to bring online the Sea Lion field, located offshore the Falkland Islands, has said the costs have been cut down significantly at the project. As the partners are working through the front end engineering design (FEED), they have managed to reduce the […]

  • Thailand: PTTEP 3Q Profit Down

    27 October 2011
    Business & Finance

    PTT Exploration and Production Public Company Limited (PTTEP) had an operating result of the third quarter of this year close to the result of the previous quarter. The company made due preparations to deliver first natural gas from Bongkot South Field and crude oil from Montara Field next year while an increase of crude oil […]

  • Hurricane Energy makes Lancaster FID. First oil in 2019

    14 September 2017

    Hurricane Energy has taken the Final Investment Decision on the development of the Lancaster Early Production System in the UK sector of the North Sea. In an operational update on Thursday, the company said that Lancaster first oil was expected in the first half of 2019, following completion of the equity placing and convertible bond […]

  • UK: Green Drinks for Humber Renewables Industry

    11 December 2012

    PROGRESS in the Humber area’s renewables industry over the last year is being reviewed at an informal networking event. The Christmas Green Drinks meeting will take stock of developments across the low-carbon sector during the past 12 months and also look ahead to 2013. Renewables Network and Footprint Renewables are staging the event on Thursday, […]

  • USA: ConocoPhillips Reports Second-Quarter Earnings

    26 July 2012
    Business & Finance

    ConocoPhillips reported second-quarter 2012 earnings of $2.3 billion, or $1.80 per share, compared with second-quarter 2011 earnings of $3.4 billion, or $2.41 per share. The current quarter includes one month of downstream earnings related to discontinued operations associated with the April 30, 2012, spinoff of Phillips 66. Last year’s quarter included three months of downstream […]

  • 11 Nations Hammer Out Deal on Trans-Pacific Partnership

    25 January 2018
    Rules & Regulation

    Eleven countries finalize agreement on the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

  • Vitol rolls out FuelEU Maritime-compliant co-processed VLSFO

    29 April 2025
    Business Developments & Projects, Green Marine, Outlook & Strategy

    Vitol Bunkers, a wholly-owned bunker arm of energy and commodities company Vitol, has launched new FuelEU-compliant co-processed bunkering fuel.

  • PIL books new LNG dual-fuel containerships to step up fleet renewal game

    19 August 2024
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Vessels

    As part of its fleet renewal program, PIL has ordered five new 13,000 TEU containerships to be powered by LNG dual-fuel engines.

  • Carnegie and HPE extend collaboration on wave energy tech

    23 January 2023
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Research & Development, Technology

    Carnegie Clean Energy and Hewlett Packard Enterprise (HPE) have extended their collaboration agreement and will continue to work together on innovations in the wave energy sector for another two years.

  • Councilors express support for £7 billion tidal lagoon off North Wales

    25 February 2022
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition

    A proposal for £7 billion tidal lagoon project, to be developed by private sector off the coast of Conwy and Denbighshire in North Wales, has received unanimous ‘support in principle’ from Denbighshire County Council.