10000 results found for 'progress'

10000 results found for 'progress'
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  • USA: Exxon Mobil Says Q1 Profit Down by 11 pct

    26 April 2012

    Exxon Mobil of USA said today that its first quarter earnings were $9,450 million, down 11% or $1,200 million from the first quarter of 2011. FIRST QUARTER HIGHLIGHTS • Earnings per share (assuming dilution) were $2.00, a decrease of 7%. • Capital and exploration expenditures were $8.8 billion, up 13% from the first quarter of […]

  • Golar LNG swings to profit in fourth quarter 2019

    26 February 2020

    LNG shipper Golar swung to a profit in the fourth quarter reporting an income of $24.8 million which compared to the $312.9 million loss in the corresponding quarter of 2018. 

  • BAE Systems Holds Keel Laying Ceremony for Jackson Offshore’s PSV

    22 May 2013
    Business & Finance

    BAE Systems yesterday held a keel laying ceremony for the first of four platform supply vessels it’s building for Jackson Offshore Operators. The new vessels, which will support drilling operations in the Gulf of Mexico, reflect BAE Systems’ continued growth in U.S. commercial shipbuilding and its support to the offshore oil and gas industry. The […]

  • Highlights of the Month: October 2015

    4 November 2015
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Storage, Technology

    DONG to Build World’s Biggest Offshore Wind Farm DONG Energy decided to construct the 660MW Walney Extension offshore wind farm, located in the Irish Sea, approximately 19 km off the west coast of Britain. Van Oord: Dredging Companies Venturing into Offshore Wind (Interview) During the Offshore Energy 2015 Exhibition and Conference, Offshore WIND met with […]

  • VIDEO: Total to Pump Heavy Mud into Gas Leaking G4 Well at Elgin (UK)

    7 May 2012
    Business & Finance

    French supermajor Total said an important progress in stopping the leak on the G4 well on the Elgin complex was made on May 4 when the semi-submersible drilling rig, the West Phoenix, moved within the current exclusion zone ready to position itself directly alongside the complex. The dynamically positioned rig will be the main support […]

  • First oil still on track as BP spuds production well from brand-new platform off Azerbaijan

    7 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BP has started drilling the first well from its operated Azeri Central East (ACE) platform in the Caspian Sea off the coast of Azerbaijan.

  • USA: Cheniere Logs Net Loss, Liquefaction Projects on Track

    2 August 2013

    Cheniere Energy reported a net loss of $154.8 million for the three months ended June 30, 2013, compared to a net loss of $73.0 million for the comparable 2012 period. For the six months ended June 30, 2013, Cheniere reported a net loss of $271.9 million, compared to a net of $129.5 million during the […]

  • CMC calls for green corridor in the Great Lakes­–St. Lawrence region

    21 March 2023
    Authorities & Government, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition, Vessels

    Canada’s Chamber of Commerce (CMC), representing over 100 Canadian & U.S. ports, shipowners, and other marine transportation companies operating in the Great Lakes-St., has unveiled its 2023 wish list to legislators and policymakers targeting the creation of a “green corridor” in the Great Lakes­–St. Lawrence region. The idea of a “green corridor” involves collaborating with […]

  • UK: Eni, Oil States Industries to Use Plexus’ POS-GRIP Technology

    19 June 2012
    Business & Finance, Equipment

    Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces that Eni S.p.A, the Italian oil and gas major, and Oil States Industries Inc. a subsidiary of Oil States International Inc., a leading USA manufacturer of capital equipment, have both signed up […]

  • Tower Resources to Start Drilling Off Namibia in 2014

    5 July 2013

    The drilling of the Welwitschia-1 well is now planned to commence in mid-February 2014 and a firm rig is in place.

  • Qatar: Shell Extends Successful Partnership with GDI

    15 November 2012
    Business & Finance

    Qatar Shell signed a third agreement with Gulf Drilling International (GDI) to provide drilling rig services for Shell to explore offshore wells in Qatar’s North Field. The new contract covers drilling activities in the Pre-Khuff interval of Block D area, using its jack-up drilling rig AL-KHOR. The contract was signed by Shell’s Executive Vice President, […]

  • NuEnergy: Radial Jetting at Muara Enim Site in Indonesia Completed

    23 May 2013

    NuEnergy Gas Limited announced that the radial jetting program undertaken at the Muara Enim PSC Pilot Production Site for the Company’s first pilot well was completed on 19 May 2013. A total of 15 laterals were completed across five coals seams with an average lateral length of 32 metres and total lateral length of 485 […]

  • LNG Limited signs Fisherman’s Landing lease extension

    31 October 2014

    LNG Limited agrees an extension of lease with Gladstone Ports Corporation until 31 March 2016.

  • Standalone FLNG for Crux Field? (Australia)

    5 July 2012

    Nexus Energy Limited (Nexus) advises that main documentation for the consolidation of interests in AC/L9 has been finalised and parties are now progressing to their final board approvals. The company refers to the Heads of Agreement with Shell Development (Australia) Pty Ltd (Shell) and Osaka Gas Crux Pty Ltd (Osaka Gas) announced on 19 January […]

  • WinGD calls for ‘strong’ measures to meet maritime GHG targets

    24 February 2025
    Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    WinGD has urged the industry to add its voice to the call for “strong” measures that give shipowners a clear path to decarbonization.

  • Odfjell-managed rig spins the drill bit at OKEA’s North Sea field

    5 August 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    A rig managed by Odfjell Drilling has spudded the first well at a license operated by OKEA in the northern part of the North Sea offshore Norway.

  • UK player restores North Sea well into production with temporary fix

    13 April 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders

    IOG has restored production from the Blythe well in the UK sector of the North Sea, after implementing a temporary solution.

  • WINDFARM UPDATES: Borssele I and II, Eneco Luchterduinen & Albatros

    9 February 2015

    Borssele I and II The Dutch Minister of Economic Affairs presented a road map to the parliament in September 2014 aimed at increasing the offshore wind capacity to 4,500MW. This new approach is presented in the Offshore Wind Energy Law which was sent to the parliament on 17 October and is expected to become law […]

  • Holland America Line Opts for INTERSCHALT VDR G4

    14 March 2014
    Business & Finance

    Holland America Line’s fleet of 15 ships annually offers more than 500 cruises to 415 ports of call in 98 countries, territories or dependencies. This demands a commitment to safety and sustainability, which led the company to retrofit the VDR system of its entire fleet with the INTERSCHALT VDR G4. “Replayer”, VDR G4’s online monitor, […]

  • Tullow farms into Cooper Block off Namibia

    18 July 2014
    Business & Finance, Project & Tenders

    Eco (Atlantic) Oil & Gas Ltd. has executed a Farm-out agreement with Tullow Kudu Limited, a wholly owned subsidiary of Tullow Oil plc., pursuant to which Tullow has agreed to acquire up to a 40% working interest in Block 2012A (Cooper Block) in the Walvis Basin, offshore Namibia. This Farm-In, in conjunction with Eco Atlantic’s […]

  • Ophir Plans Drilling Up to Further 10 Wells in 2014

    15 May 2014

    Ophir Energy plc provides an Interim Management Statement and Operational Update for the period 1 January 2014 to 15 May 2014. Corporate Highlights – Completed the sale of a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy. The Company received US$1,255million in cash including completion adjustments with a further US$38million payable […]

  • Bankruptcy court clears Kinder Morgan’s buy of Southcross pipeline network

    7 November 2019

    Kinder Morgan Tejas Pipeline, a subsidiary of U.S. energy company Kinder Morgan, been approved as the buyer of certain natural gas pipeline assets owned by Southcross Energy.

  • Far sees potential for 1.1 billion barrels of oil at Gambian prospects

    21 November 2017

    Two Far Limited-operated prospects located in Blocks A2 and A5 offshore The Gambia have a combined best estimate prospective resource of 1.1 billion barrels of oil.

  • Statoil reports loss in Q3

    29 October 2014
    Business & Finance

    Statoil reported third quarter 2014 net operating income of NOK 17.0 billion, a decrease from NOK 39.3 billion in the third quarter of 2013. Net income was negative NOK 4.8 billion mainly due to impairments. Adjusted earnings were NOK 30.9 billion, a decrease from NOK 40.4 billion in the third quarter of 2013. “Statoil’s quarterly earnings […]

  • CRP’s Shares Reach New High Price (New Zealand)

    9 October 2012
    Business & Finance

    Chatham Rock Phosphate’s shares today reached a new high price of 46c, double that of two weeks ago, on the back of several key milestones. The company’s market capitalisation at that price is nearly $59 million, compared with $22 million before the issue of about 30 million shares on 24 September to Royal Boskalis and […]