10000 results found for 'progress'

10000 results found for 'progress'
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  • BG Revenues Rise 7 Percent (UK)

    10 May 2011

      BG Group plc today reported its 2011 First Quarter Results. First Quarter Key Points • Higher UK North Sea tax reduces earnings by $265 million • LNG operating profit for 2011 expected towards upper end of $1.9 to $2.2 billion range • Significant progress on long-term growth programme • Positive appraisal results on the […]

  • Carnarvon raising funds for Buffalo well

    11 May 2018
    Project & Tenders

    Carnarvon Petroleum has raised $16 million, before costs, to fund drilling of its Buffalo-10 well located in WA-523-P block in the Timor Sea.

  • Management changes for Oceaneering

    21 August 2015
    Business & Finance

    Oceaneering, a subsea engineering and applied technology company based in Houston, has made several new appointments including those of a chief financial officer (CFO) and chief operating officer (COO). Furthermore, Oceaneering announced the appointment of Senior Vice President, Operations Support. Oceaneering named Alan R. Curtis as Senior Vice President and Chief Financial Officer. In addition to finance, tax, […]

  • BAE Systems Moves Giant HMS QUEEN ELIZABETH Section (UK)

    15 October 2012
    Business & Finance

    Workers at BAE Systems yesterday moved the biggest section of HMS QUEEN ELIZABETH, the first of two new aircraft carriers for the Royal Navy, out of the company’s shipbuilding hall at Govan for the first time. A team of 40 moved the 11,300 tonne aft section, known as Lower Block 04, across the specially reinforced […]

  • OpenHydro, ARE to Build 300MW Tidal Array off Alderney

    10 April 2014
    Business & Finance, Research & Development, Technology

    Tidal technology company OpenHydro, a DCNS company, and Alderney Renewable Energy (ARE) have signed a joint venture which will see the two companies combine their expertise and resources to develop a 300MW tidal array in Alderney waters.  The joint venture company is called Race Tidal Ltd. The formal agreement took place at a signing event […]

  • UK: New Report Backs Tidal Energy Potential

    20 January 2014

    New research from a global group of scientists and engineers, including from the University of Southampton, has been published in a special issue journal of the Royal Society. The work is in support of tidal power, which has the potential to provide more than 20 per cent of the UK’s electricity demand. In order to […]

  • South Stream Gas Pipeline Construction Advances Steadily

    15 November 2013
    Business & Finance, Operations & Maintenance

    The Gazprom Management Committee took note of the information concerning the progress with the South Stream gas pipeline construction. It was pointed out that the project was advancing steadily. Intensive efforts are being made in all of the countries to be crossed by the gas pipeline. For instance, as part of the offshore construction process […]

  • Santos and another oil firm pooling resources for CCS project off Timor-Leste

    7 August 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Outlook & Strategy, Project & Tenders, Transition

    Santos inked a memorandum of understanding with TIMOR GAP to explore partnership opportunities for the proposed CCS project in the Timor Sea.

  • BP’s second quarter profit slips on lower oil prices

    26 July 2016
    Business & Finance

    UK oil giant BP on Tuesday posted a lower profit for the second quarter of 2016 of $720 million on an underlying replacement cost basis, compared with $1.3 billion for the second quarter of 2015. According to the oil company, compared with a year earlier, the underlying second quarter result was impacted by lower oil and […]

  • UAE: Lamprell on Track to Deliver Windcarrier 2

    31 January 2013

    As scheduled, Lamprell had its naming ceremony for the Windcarrier 2 project on 19 January 2013, with various members of the senior management from the customer, Fred Olsen, present. The Windcarrier 2 vessel left the Jebel Ali facility within the last few days and has commenced its final sea trials prior to completion. The Group […]

  • USA: Magnolia LNG Project on Track

    9 October 2013

    Liquefied Natural Gas Limited provided a general update on the development progress of its wholly owned 8 million tonnes per annum (mtpa) Magnolia LNG Project (MLNG), in Louisiana, US. The MLNG Project is held through the company’s indirect 100% owned US subsidiary, Magnolia LN (MLNG) and is being designed to comprise four LNG trains, each of 2 mtpa […]

  • GMS CEO quits after guidance reset

    23 August 2019
    Business & Finance, Exploration & Production

    Offshore oilfield contractor Gulf Marine Services’ (GMS) chief executive officer Duncan Anderson has resigned as the company now expects lower 2019 earnings compared to 2018.

  • New Zealand: Bad Weather Disrupts Rena Salvage Activities

    1 June 2012

    High winds and swell out at the reef this week have caused some disruption to salvage activities, with Smit Borneo forced to remain on standby yesterday. Changes in the conditions this morning are expected to allow Smit Borneo to move closer to the wreck today. As a result of heavy swells flooding the breached holds […]

  • Interview: Most countries are struggling with Offshore Safety Directive implementation

    23 October 2015

    During last week’s Offshore Energy Exhibition & Conference (OEEC) 2015 in Amsterdam, Offshore Energy Today interviewed Mr. Rob Beks, Senior Consultant, Asset Risk Management at DNV GL, prior and in relation to Offshore Safety session, held on the second day of the conference. During this session, the topic of offshore safety was observed from different angles […]

  • Subsea 7 reports $1.7 bln Q1 revenue

    1 May 2014
    Business & Finance

    Subsea 7 has announced the results for the first quarter which ended on 31 March 2014. Jean Cahuzac, Chief Executive Officer, said: First quarter 2014 “The Group has had a good start to 2014, with first quarter revenue and Adjusted EBITDA both increasing from the levels achieved in the first quarter of 2013. I am pleased […]

  • Last FPSO topsides lifted for Ichthys LNG project

    16 May 2016
    Project & Tenders

    The Inpex-operated Ichthys LNG Project has reached another milestone by completing the last topsides lift on the Floating Production, Storage and Offloading (FPSO) unit on Friday, May 13, 2016.  The lift occurred in the Daewoo Shipbuilding and Marine Engineering (DSME) yard in Okpo, South Korea, marking a milestone in the integration phase for the project’s offshore […]

  • Wood Group nets its third Browse FLNG FEED

    17 December 2015
    Business & Finance, Infrastructure

    Wood  Group has secured its third front-end engineering and design (FEED) contract for the Woodside-operated proposed Browse floating liquefied natural gas (FLNG) Development. Under a new 12-month contract awarded by Shell, Wood Group Kenny (WGK) will carry out flow assurance and process integration studies for the proposed development’s three offshore  gas-condensate fields – Brecknock, Calliance […]

  • Denmark: SAGA Cruises Newest Vessel Undergoes Makeover with Knud E. Hansen

    11 April 2012
    Business & Finance

    SAGA SAPPHIRE, SAGA Cruises newest vessel, has undergone a makeover with Knud E. Hansen A/S as the Naval Architect and Marine Engineers. Knud E. Hansen A/S has evaluated the vessel on behalf of SAGA Cruises prior to the purchase, among the elements analysed where structural integrity, stability, safety and fire protection. “The choice of Knud […]

  • Ichthys LNG raises first CPF, FPSO topside modules

    22 April 2015

    Ichthys LNG raises first CPF, FPSO topside modules

  • First APLNG Modules Arrive in Gladstone (Australia)

    3 April 2013

    The Australia Pacific LNG Project on Tuesday unloaded the first LNG modules on Curtis Island following their arrival into Gladstone Harbour over the weekend. The first four modules were delivered to the Curtis Island site where these modules and others will be used as the foundation structure for the LNG processing trains and supporting infrastructure. […]

  • BP Marks Solid Start to 2014

    29 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    BP reported its financial results for the first quarter of 2014. Underlying replacement cost profit for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013. Operating cash flow in the quarter was $8.2 billion. The company also announced a quarterly dividend of […]

  • BP CEO: A very solid start to 2014

    29 April 2014
    Business & Finance

    BP today announced its financial results for the first quarter of 2014. Underlying replacement cost profit for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013. Operating cash flow in the quarter was $8.2 billion.   The company also announced a quarterly […]

  • Ørsted says offshore project delays in US highly likely

    28 October 2020
    Authorities & Government, Business Developments & Projects

    Leading offshore wind developer Ørsted said that the construction of several U.S. projects is now highly likely to be pushed back due to delays in the permitting procedures. Ørsted’s CEO Henrik Poulsen said that the company is still waiting for the Bureau of Ocean Energy Management (BOEM) to decide on the preferred wind farm layout […]

  • Hess pens LOI for Equus field development (Australia)

    23 December 2014

    Hess Corporation’s Australian subsidiary, Hess Exploration Australia Pty Ltd, has signed a non-binding Letter of Intent (LOI) with the North West Shelf (NWS). Hess intends to develop its natural gas discoveries in its deepwater permits offshore northwestern Australia and, subject to execution of binding agreements, toll the production through existing NWS processing and liquefaction facilities […]

  • Scottish floating wind project completes 2022 offshore survey campaign

    10 October 2022
    Business Developments & Projects

    The geophysical and environmental survey works for the Salamander floating offshore wind project in Scotland have been completed, marking a significant milestone for the 100 MW project that is planned to be progressed through of the Scottish Innovation and Targeted Oil and Gas (INTOG) leasing round. The survey activities commenced on 7 August and were […]