10000 results found for 'progress'

10000 results found for 'progress'
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  • Ophir’s Fortuna FID slips into second half 2017

    12 July 2017
    Project & Tenders

    London-based oil and gas company Ophir Energy is closing in on a final investment decision (FID) for its Fortuna FLNG project offshore Equatorial Guinea, which is now set for the second half of the year. Although the company’s previous plan entailed delivering the Fortuna FID in the “first half of the year,” then by “mid-2017,” the […]

  • Oman: Port of Salalah Welcomes One of the Largest Containerships in the World

    20 June 2013
    Business & Finance

    Port of Salalah has recently welcomed its namesake the APL Salalah, one of the largest containerships in the world, in an exclusive ceremony attended by H.E. Sayyid Mohammed bin Sultan Al Busaid, Minister of State and Governor of Dhofar, along with senior government and commercial representatives, and a number of the port’s management group. The […]

  • UK: Bae Systems’ Naval Sector Restructuring

    7 November 2013
    Business & Finance

    BAE Systems has reached agreement in principle with HM Government on measures to enable the implementation of a restructuring of its UK naval ships business. The agreement will result in:  Restructuring of the contract for the Queen Elizabeth Class Aircraft Carrier programme. Provision of additional shipbuilding work prior to the start of the Type 26 […]

  • Global installed ocean energy power doubles in 2017

    12 March 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The global installed ocean energy power has more than doubled from less than 12MW in 2016 to over 25MW in 2017, according to a new Ocean Energy Systems (OES) annual report.

  • International Seaways Widens Loss amid Impairment Charges

    9 March 2018
    Business & Finance

    Impairment charges pushed US-based International Seaways further into loss in the fourth quarter of 2017.

  • Pioneer tanker-to-FPSO conversion at Indonesian shipyard enters commissioning phase

    30 July 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    PaxOcean has confirmed the inroads made in repurposing a tanker into an FPSO, which will lend a helping hand in ramping up oil and gas production off the coast of Indonesia.

  • NEOM green H2 project gains ground with arrival of 1st major equipment

    7 November 2023
    Business Developments & Projects, Equipment, Project & Tenders, Research & Development

    NEOM Green Hydrogen Company (NGHC), a joint venture created by ACWA Power, Air Products and NEOM, has reached a milestone in the construction and development of the NEOM green hydrogen plant, by receiving its first delivery of wind turbines at the Port of NEOM in Northwest Saudi Arabia. NEOM said the first set of wind […]

  • SIMEC Atlantis seeks more time to repay Abundance Investment debentures

    27 April 2022
    Business & Finance, Business Developments & Projects, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology

    SIMEC Atlantis Energy has entered into discussions with Abundance Investment to extend the timing for the repayment of the €5.9 million debenture issued to the company in 2017.

  • TAQA Reports 4 Pct Decrease in Revenues (UAE)

    31 July 2013
    Business & Finance

    TAQA, the international energy company from Abu Dhabi, today reported its operational and financial results for the first half of 2013. The first half of 2013 was characterised by good progress against TAQA’s long term growth projects, while a number of short-term operational issues impacted profitability. Lower production in the UK North Sea and unplanned […]

  • Denmark: Semco Maritime Plans to Double Turnover by 2015

    17 April 2012
    Business & Finance

    A large number of incoming orders helped to ensure Semco Maritime A/S a significant growth in 2011. The turnover was increased by 40 per cent to 1.76 billion DKK, which is the largest ever. The operating profit was 38 million DKK against 18 million DKK the year before.

  • TÜV SÜD PMSS: Investor Diversity Critical to Long-Term U.S. Offshore Wind Success

    9 October 2014
    Business & Finance

    The long-term financial viability of US offshore wind is as much dependent on the ability to rapidly secure early-stage construction wins, achieve energy generation success, and foster investor diversity, as it is on the completion on key auction wins and the steady progress towards of research- and-development milestones. This is according to PMSS America, Inc., […]

  • CNOOC Achieves Good Performance in All Aspects

    20 August 2013
    Business & Finance, Operations & Maintenance

    CNOOC Limited (the “Company”) 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%. […]

  • Norway: Statoil Records Solid Q2 Results

    25 July 2013

    Statoils second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion. “Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway. We are on track and maintain our guidance for 2013,” says Helge Lund, Statoil’s president and CEO. “Our financial results were […]

  • Australia: First Marine Site Surveys Start at Port of Hastings

    5 December 2013
    Business & Finance

    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 […]

  • Scottish Renewables Infrastructure Advances with Westway Park Development

    8 August 2014
    Authorities & Government, Business & Finance

    Scottish Government Minister for Local Government and Planning, Derek Mackay yesterday visited the 53 hectare Westway Park in Renfrew, to inspect progress at a £1.3 million dock development project. The project was one of the first locations in the country to receive funding from the Scottish Government’s National Renewable Infrastructure Fund (N-RIF), managed by Scottish Enterprise. […]

  • OpenHydro, ARE to Develop 300MW Tidal Array in Alderney

    10 April 2014
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    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 […]

  • Offshore Energy 2013: Take a BOW for Offshore Wind

    24 October 2013
    Business & Finance

    BOW Terminal is growing along with the offshore wind sector. The company is advancing its business by investing in further improvements. Offshore WIND spoke to Arjen Pattenier, Business Unit Manager of BOW Terminal, at this year’s Offshore Energy event in Amsterdam. Offshore WIND: First of all, I wanted to ask you how much has the […]

  • France: CGGVeritas Announces Third Quarter 2010 Results

    9 November 2010
    Business & Finance

    CGGVeritas  today its non-audited third quarter 2010 consolidated results. All 2009 results are reported before restructuring. * Group revenue was $656m, down 10% year-on-year and up 1% sequentially on recovering multi-client sales, including Gulf of Mexico, and continued robust Sercel activity * Group operating margin at 4% with contrasting performance: o Sercel: margin up to […]

  • 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 […]

  • 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. […]

  • Ichthys LNG raises first CPF, FPSO topside modules

    22 April 2015

    Ichthys LNG raises first CPF, FPSO topside modules

  • 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 […]