10000 results found for 'progress'

10000 results found for 'progress'
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  • A.P. Moller – Maersk Aborts Maersk Supply Service Sale

    29 March 2019
    Business & Finance, Operations & Maintenance

    A.P. Moller – Maersk has decided to retain full ownership of Maersk Supply Service, a company operating in the offshore support vessel industry. The company decided to retain the ownership of Maersk Supply Service after investigating several structural solutions but couldn’t find the right fit, due to signs of distress in the offshore support vessel […]

  • UK Prime Minister Addresses Clean Energy Ministers at CEM3

    29 April 2012

    On 26 April 2012, UK Prime Minister David Cameron addressed global clean energy ministers at the third Clean Energy Ministerial (CEM3) in London. The Prime Minister spoke about the need to create a more diverse, cleaner energy mix that enhances energy security, reduces emissions, and drives economic growth. He also noted the vital role of […]

  • UK: Maritime Skills Programme Provides Working Opportunities for Students

    24 July 2013
    Human Capital

    An exciting career at sea beckons for the first students to complete Lowestoft College’s new Maritime Skills Programme. One student has gained employment on a trial period working on offshore platform support vessels (PSVs) in the Southern North Sea gas fields while another is continuing to work for a Great Yarmouth company who owns and […]

  • UK: Maritime Skills Programme Provides Working Opportunities for Students

    24 July 2013
    Human Capital

    An exciting career at sea beckons for the first students to complete Lowestoft College’s new Maritime Skills Programme. One student has gained employment on a trial period working on offshore platform support vessels (PSVs) in the Southern North Sea gas fields while another is continuing to work for a Great Yarmouth company who owns and […]

  • UK: Wind Farm Announcement Boosts Shetland Wave Project

    6 April 2012

    The project partners behind Shetland’s first wave power scheme said that the Scottish Government decision to approve a major wind farm on the island gives the proposal a significant boost. The 10 megawatt (MW) Aegir Wave Power scheme, backed by European energy company Vattenfall and Edinburgh based technology developer Pelamis Wave Power (PWP), could only […]

  • PetroChina Income Climbs

    29 October 2013

    PetroChina announced its results for the first three quarters of 2013. In the first three quarters of 2013, the Company recorded turnover of RMB1,682.784 billion, representing an increase of 5.3% as compared with the same period last year; net profit attributable to the shareholders of the Company amounted to approximately RMB95.3 billion, an increase of […]

  • Oil Search results hit by earthquake, guidance revised

    17 April 2018

    The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search, saw its first-quarter production slashed due to the shut-in following the February earthquake. 

  • Siccar Point delays sanction date for Cambo project due to coronavirus

    30 March 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.

  • Cooper’s Sole gas field in final phase of commissioning

    11 March 2020
    Project & Tenders

    Cooper Energy has informed that the offshore Sole gas field is producing gas to the Orbost Gas Processing Plant in Australia.

  • U.S. offshore rig count on the upswing

    17 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production

    According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is continuing its upward progress.

  • Bombora partners up with MOL to explore marine energy options in Japan

    7 January 2021
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Research & Development

    Bombora Wave Power has entered into agreement with Mitsui O.S.K. Lines (MOL) to identify marine energy project opportunities in Japan and the neighbouring regions.

  • Wave power can play significant role in UK’s net-zero energy drive, study finds

    25 March 2021
    Business Developments & Projects, Innovation, Outlook & Strategy, Technology, Transition

    A new study by the University of Plymouth has positioned the UK at the forefront of offshore renewable energy innovation and development worldwide, finding also that wave energy could have a greater role in the country’s transition to net-zero future. Wave energy has the potential to provide at least 15% of the UK’s annual electricity […]

  • Lundin looking to sanction North Sea discoveries before end of 2022

    16 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    Following successful completion of appraisal wells on the Lille Prinsen discovery, Lundin will now work to submit a PDO by the end of 2022.

  • USA: MPC Applauds State Emergency Dredge Action

    27 March 2013
    Business & Finance

    The Michigan Port Collaborative (MPC) applauded timely action by Governor Snyder, key agencies in his administration and legislators to secure critically needed emergency dredging funds for Great Lakes harbors. New legislation – requested by the Governor and now enroute to his desk for signature – will provide $21 million to dredge 49 harbors to keep […]

  • Australia: Parties Confirm Schedule for Oakajee Project

    4 November 2010

    Mitsubishi Development Pty Ltd and Murchison Metals Ltd, the joint venture partners of Oakajee Port and Rail (OPR), have confirmed their confidence and commitment to the development of the new 45 mtpa deep water port at Oakajee and the 570 km rail project to Western Australia’s mid-west mines following a detailed review of the project’s […]

  • ExxonMobil in Two New Discoveries Offshore Guyana

    7 February 2019
    Operations & Maintenance

    ExxonMobil has made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12. The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block. Tilapia-1 is the fourth discovery in the Turbot area that includes […]

  • United Effort to Attract Decommissioning to East of England

    11 December 2013
    Business & Finance, Research & Development

    James Gray, inward investment director for EEEGR and the East of England Energy Zone (EEEZ), has welcomed the progress of a group set up to encourage energy businesses across the region to work together to attract as much work as possible from the predicted boom in decommissioning Southern North Sea gas platforms and other offshore […]

  • Tripartite partnership pursues GHG storage acreage offshore Australia

    14 December 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    DeepC Store and Azuli International have agreed to jointly pursue and acquire greenhouse gas (GHG) storage acreages in Commonwealth waters offshore Australia said to have strong potential for significant CO2 storage capacities. The two companies have jointly bid for GHG Assessment Permits released by the Australian Commonwealth Government as per the 2023 offshore GHG storage […]

  • Noble’s net loss deepens

    3 August 2017

    U.S. independent Noble Energy’s net loss the second quarter of 2017 deepened to $1,5 billion, versus a loss of $315 million a year ago. The company explained the loss was driven by the impact of the Marcellus upstream asset exit in the U.S. Total Company sales volumes for the second quarter of 2017 were 408 […]

  • Carnarvon raising funds for further Dorado plans

    24 July 2019
    Project & Tenders

    Carnarvon Petroleum has revealed plans to raise around $84 million via two share placements for funding further work on the Dorado discovery and other purposes.

  • W&T posts 2Q net loss

    6 August 2015

    W&T Offshore, an independent oil and gas producer with assets in the U.S., both onshore and offshore, has reported a net loss for the second quarter of 2015 of $260.5 million compared to net income of $9.8 million, during the same period in 2014. Revenues for the second quarter of 2015 were $149.1 million compared […]

  • Denmark: Lille John Delivers Oil to PA Resources

    3 November 2011
    Business & Finance

    The oil and gas group PA Resources has now completed its sidetrack of the Lille John well to a Chalk target but did not encounter effective reservoir. The sidetrack provided a second penetration of the Miocene sandstone level encountered in the original well, again oil-bearing and with improved reservoir quality compared to the initial penetration. […]

  • Germany: PNE WIND Announces Q1 Figures

    7 May 2012
    Business & Finance

    Developments progressed as expected for the wind farm project developer, PNE WIND AG, during the first quarter of the financial year 2012. Consequently, the company was already able to conclude a successful transaction in the sale and handover of the “Kemberg II” onshore wind farm during the first three months of the year. Due to […]

  • Santos GLNG project more than 85 pct complete

    22 August 2014

    The US$18.5 billion Santos GLNG project is more than 85% complete and remains on track for first LNG in 2015, Santos said in its first half statement on Friday. GLNG involves the development of CSG resources in the Bowen and Surat Basins in south-east Queensland, construction of a 420-kilometre underground gas transmission pipeline to Gladstone, […]

  • Chevron: LNG Will Generate Significant Cash Flow for Decades (USA)

    13 March 2012

    Chevron is delivering strong financial results and progressing the projects that will drive the next significant growth phase, executives said today at the company’s annual security analyst meeting in New York. “Financially, 2011 was a record year for Chevron.  We generated the strongest earnings and cash flow in our company’s history,” said John Watson, Chevron’s […]