10000 results found for 'progress'

10000 results found for 'progress'
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  • As energy transition plays out, Shell exits Permian with $9.5 bln sale to ConocoPhillips

    21 September 2021
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition

    Shell’s move is in line with efforts to shift its focus on the energy transition while ConocoPhillips believes it will enable it to play a valued role in the transition.

  • Pelamis P2 Machine Celebrates One Year of Accelerated Real-Sea Testing at EMEC, UK

    22 May 2013
    Research & Development, Technology

    The ScottishPower Renewables (SPR) owned Pelamis P2 wave energy converter has this week completed its first year of a robust testing programme at the European Marine Energy Centre (EMEC) in Orkney.  The combined P2 test programme has now accumulated 7500 grid connected operating hours, and exported 160MWh of electricity to the national grid. These are […]

  • Irish-Scottish Offshore Grid Study Gets GBP 1 Million of European Funding

    21 June 2013
    Authorities & Government, Business & Finance, Research & Development, Storage

    A detailed study into how an offshore electricity grid between Scotland, Northern Ireland and Ireland could be introduced has now been commissioned after being awarded European funding. The second part of the flagship Irish-Scottish Links on Energy Study (ISLES) has now been given £1 million to examine how an offshore grid could be established by […]

  • North Sea operators fined amid crackdown on risks to UK’s net-zero and energy security

    19 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    UK’s regulator North Sea Transition Authority (NSTA) has fined EnQuest, Equinor, and Spirit Energy a total of £265,000 or $322,437.

  • GAC Germany to open office in Stade as it readies for LNG vessel surge

    29 December 2023
    Business Developments & Projects, Market Outlooks, Outlook & Strategy

    GAC Germany, a provider of shipping and logistics services in Northern Europe and a subsidiary of the UAE-based Gulf Agency Company (GAC), is set to open a new office in Stade on January 1, 2024.

  • With FPSO remediation winding down, production restart from Australian field targeted for next month

    19 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders

    Jadestone Energy is expecting to wrap up remaining works and restart production from a field off Australia during the next month.

  • Strategic Biofuels kicks off Louisiana Green Fuels project

    14 December 2022
    Business & Finance, Business Developments & Projects, Infrastructure

    Louisiana-based green energy supplier Strategic Biofuels has started construction works on its Louisiana Green Fuels (LGF) project, the first renewable diesel project in North America to achieve “negative” carbon emissions. According to Strategic Biofuels, the LGF project is estimated at $2.8 billion, with the State Bond Commission and the Louisiana Community Development Authority granting their […]

  • Rig deal for drilling campaign off Namibia confirmed

    9 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    The rig will be used for a drilling campaign at a licence offshore Namibia close to Shell’s Graff and TotalEnergies’ Venus discoveries.

  • Energean Power FPSO to set sail for Israel in summer of 2021

    11 September 2020
    Business Developments & Projects, Project & Tenders

    Floating production storage and offloading (FPSO) vessel being built for Energean’s Karish field offshore Israel will set sail from Singapore in the summer of 2021.

  • EU backs Spanish LNG bunkering projects

    3 August 2020
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics, Project & Tenders

    Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7 million) from the European Commission.

  • Port of Hastings: Marine Surveys to Begin (Australia)

    5 December 2013
    Business & Finance, Equipment, Technology

    Equipment, crews, barges, and surveying equipment are on their way to the BlueScope Steel Wharf at the Port of Hastings ready to carry out the first marine site surveys for the container expansion project. The Port of Hastings Development Authority, with specialist contractors Worley Parsons and Aurecon, are preparing to begin marine geotechnical and marine […]

  • Anglesey tidal energy project in line for £9 million funding boost

    15 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    The Morlais tidal stream energy project has taken a significant step forward following approval of its outline business case by the North Wales Economic Ambition Board.

  • New projects boost CNOOC output

    22 April 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Chinese oil and gas giant CNOOC Limited recorded a production increase in the first quarter of the year driven by new project start-ups.

  • Providence inks Barryroe farm-out deal with SpotOn

    1 December 2020
    Business & Finance, Business Developments & Projects, Project & Tenders

    Irish oil and gas exploration company Providence Resources has signed a farm-out deal with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery.

  • Serica suffers Rhum delays due to Awilco rig downtime and weather

    15 December 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Serica Energy has encountered difficulties while conducting a well intervention project on the Rhum field off the UK due to rig downtime and weather delays.

  • Brazil: Keppel Secures USD 200 Mln Worth FPSO Contract

    11 July 2012
    Business & Finance

    Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, has secured a contract worth approximately US$200 million from MODEC and Toyo Offshore Production Systems Pte Ltd (MTOPS), a joint-venture company established in Singapore by Toyo Engineering Corporation (TOYO) and MODEC, Inc. The contract is for the fabrication and integration of topside […]

  • UK: Wood Group Issues Pre-Close Trading Update

    15 December 2011
    Business & Finance, Operations & Maintenance

    Wood Group, the international energy services company, issues the following pre-close trading update for the year to 31 December 2011. Full year results for the year will be announced on 6 March 2012. Overall, the Group expects to deliver good growth, with performance for the year in line with expectations. Conditions in oil & gas […]

  • UK: Vattenfall Signs Final Berth at EMEC to Test Pelamis Wave Energy Converter

    15 March 2012
    Business & Finance, Equipment, Operations & Maintenance

    Vattenfall announced that it had signed up the last remaining berth at the European Marine Energy Centre (EMEC), Scotland’s world leading ocean energy research and development centre on Orkney to test a Pelamis wave energy converter. Vattenfall’s announcement stated that they hope to start testing a Pelamis machine in 2014, and confirmed previous statements that […]

  • Norway: Det Norske Provides Third Quarter Results

    2 November 2012
    Business & Finance, Operations & Maintenance

    Det norske oljeselskap ASA reports an increase in contingent resources in the third quarter due to the Geitungen discovery, which now constitutes part of the Johan Sverdrup discovery. The Ivar Aasen project made good progress in the quarter, and Plan for Development and Operation (PDO) will be submitted this year. In the third quarter Income […]

  • CNOOC Chairman: Good Overall 1H Performance

    20 August 2013

    China’s CNOOC Limited  today announced its interim results ended June 30, 2013. For the first half of the year, the Company’s total net oil and gas production rose 23.1% year-on-year (YOY) to 198.1 million barrels of oil equivalent (BOE), in which Nexen contributed 24.8 million BOE. Without Nexen’s production output, the production growth was 7.7%. Mainly […]

  • Centrica Discovers Oil in Norwegian North Sea

    7 December 2011
    Business & Finance

    Faroe Petroleum announces that Centrica has completed a successful initial side-track well on the Butch oil discovery (Faroe 15%) located in the Norwegian North Sea. As announced on 18 October 2011, the Butch exploration well (8/10-4 S) encountered net oil pay of approximately 50 metres in the Upper Jurassic reservoir of the Ula formation and […]

  • Faroe’s appraisal well boosts Brasse volumes

    26 July 2017
    Equipment

    Faroe Petroleum has boosted its resources estimate for the Brasse discovery in the North Sea off Norway following the latest appraisal well results. The company on Wednesday said the 31/7-2S Brasse sidetrack appraisal well was a success, increasing the estimated recoverable resource volumes to between 56 and 92 mmboe (from 43 to 80mmboe). This comprises of […]

  • Brunei and Malaysia Enter Several Oil and Gas Deals

    9 December 2013

    PETRONAS has announced a number of agreements that have been signed with the Brunei petroleum authorities towards deepening mutually beneficial cooperation in the oil and gas industry between the two parties.     These agreements, inked on 8 December 2013 in conjunction with the 17th Annual Malaysia-Brunei Leaders’ Consultation held in Bandar Seri Begawan, include […]

  • Ophir says Fortuna FLNG FID now expected in H2

    12 July 2017

    London-based Ophir Energy on Wednesday said it now expects to make a final investment decision on its Fortuna FLNG project in Equatorial Guinea in the second part of this year. Previously, Ophir and its partner, OneLNG, a joint venture between Golar LNG and Schlumberger, expected to make the final decision in mid-2017. “Given that the remaining […]

  • 30MW of Wind Energy to Float Offshore Peterhead, Scotland

    25 November 2013
    Authorities & Government, Technology

    The Crown Estate has granted an agreement for lease to Statoil for the next phase of its Hywind project, which will be located at a site in Buchan Deep, approximately 20-30 km off the coast of Peterhead, Aberdeenshire. This 30MW scheme is set to be the largest floating wind project announced to date in Europe […]