10000 results found for 'progress'

10000 results found for 'progress'
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  • Trans Adriatic Pipeline Secures €3.9B Project Financing

    14 January 2019
    Business & Finance, Operations & Maintenance

    Trans Adriatic Pipeline project (TAP) has completed financial close in December 2018, securing € 3.9 billion – the largest project finance agreed for a European infrastructure project in 2018. Luca Schieppati, TAP’s managing director, said: “With the financial close now achieved, TAP has reached another major milestone of the project’s progress. TAP has voluntarily committed […]

  • New Research Supports Tidal Power Development (UK)

    20 January 2014
    Business & Finance, Research & Development

    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 […]

  • Offshore wind shines bright for Fugro yet again

    23 February 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Fugro has reported a revenue of €1.76 billion for the whole year of 2022, representing a 14.8 per cent growth in comparison to 2021, said to be due to a 42 per cent increase in offshore wind. Infrastructure and oil & gas were also up, with 7 per cent and 9 per cent respectively. Marine […]

  • Westwood: Future of UK’s bountiful hydrogen pipeline rests on government shoulders

    7 March 2023
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    In its latest hydrogen whitepaper, Westwood Global Energy, an energy market research and consultancy firm, warns that lack of certainty in government policy could hinder the progress of projects in the UK’s hydrogen pipeline. Westwood’s Hydrogen Scale-up white paper, which explores the key factors priming hydrogen for success in the UK, highlights 45 projects in […]

  • Teck teams up with Norden to cut its carbon footprint

    16 August 2023
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Danish shipping company Norden has inked a deal with Teck Resources Limited, one of Canada’s largest mining companies, to reduce CO² emissions in Teck’s steelmaking coal supply chain.  The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 tonnes of CO², equivalent to removing over 1,400 […]

  • Breaking ground: Maersk reveals design details of its methanol-powered feeder

    21 March 2023
    Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Maersk, the Danish container shipping major, has announced the design details of its first methanol-powered vessel. The company shared photos of the vessel’s design on its social media channels, showing off the feeder vessel from multiple angles. This is a significant milestone for the company and the industry at large as the vessel is expected […]

  • UK: Subsea 7’s First Quarter in Line with Expectations, Says CEO

    11 May 2012
    Business & Finance, Operations & Maintenance

    Subsea 7 S.A. announced results for the first quarter 2012 which ended on 31 March 2012. Jean Cahuzac, Chief Executive Officer, said: “I am pleased with our results. We have delivered a good first quarter in line with our expectations. We have also continued to improve the quality of our backlog. These results confirm the […]

  • RWE Innogy, SSE Inaugurate Greater Gabbard OWF, UK

    8 August 2013
    Business & Finance, Operations & Maintenance

    At yesterday’s opening ceremony, the joint venture partners RWE Innogy and SSE inaugurated the power plant together with Michael Fallon, Minister of State for Energy. Greater Gabbard is one of the largest wind farms in the UK with 140 wind turbines in water depths between 24 and 34 metres and with an installed capacity of 500 […]

  • Statoil Delivers Strong Earnings from International Portfolio

    25 July 2013
    Business & Finance, Operations & Maintenance

    Statoil’s 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 […]

  • New Methods for Predicting Wave Power to Double Energy Output (UK)

    23 August 2012
    Business & Finance, Research & Development

    A team of researchers from Israel and the United Kingdom has discovered that energy produced from the planet’s oceans can increase twofold when novel methods for predicting wave power are used. Presented in the journal Renewable Energy, the results could help scientists drive and make marine renewable energy research an optimal source of power. The […]

  • Cooper Energy gives nod for Sole field development

    29 March 2017
    Project & Tenders

    Cooper Energy’s board of directors has given a nod for the Sole offshore gas project in Australia to proceed. The company said that finalization of financing has started with a fully underwritten equity raising some $151 million. The project will develop the Sole gas field located in VIC/ L32 in the Gippsland Basin offshore Victoria to […]

  • Statoil reschedules Mariner start-up due to topside construction delay

    28 October 2015
    Exploration & Production, Project & Tenders

    Statoil on Wednesday announced it would delay the start of production from the Mariner field, in the UK North Sea, from 2017 to the second half of 2018.  In addition, the Norwegian oil and gas giant said on Wednesday, in its 3Q 2015 results report, it would delay production start from the Aasta Hansteen project located […]

  • Hurricane’s Lancaster pilot well confirms oil presence

    9 September 2016

    UK-based oil and gas exploration company Hurricane Energy has completed drilling of the pilot well at its Lancaster field west of Shetland Islands, confirming oil presence. The well, located in license P1368 Central in which Hurricane has a 100% interest, had been drilled using the Transocean Spitsbergen drilling rig. The 205/21a-7 pilot well is the first in […]

  • The Netherlands: APM Terminals Assigns Senior Executive as Safety Activist

    25 April 2012
    Business & Finance

    APM Terminals takes an unusual organizational step to further improve its safety culture: The Hague-based global port and inland operator, often highlighted and awarded as safety leader in the industry, has decided to assign one of its most experienced and trusted executives as an internal Safety Activist. This organizational step, previously unseen in the port […]

  • Hamburg Sud Makes Westports Its Home at Port Klang (Malaysia)

    22 July 2013
    Business & Finance

    Hamburg Sud, the 12th largest container carrier in the world, is the latest shipping line making Westports its home at Port Klang. Its vessel “Cap San Marco” (9,600 TEU), one of 12 units between 8,500 and 9,600 TEU deployed in the South America Service (ASIA 2), called at Westports Malaysia for the first time on […]

  • European Marine Energy Centre Receives HS1000 Tidal Turbine (UK)

    26 December 2011

    A 100ft underwater turbine that is destined to be part of the world’s first tidal power array has been successfully deployed in the sea around Orkney this week, signalling a major step forward for the global marine renewable energy industry. The 1 megawatt (MW) Hammerfest Strom HS1000 device, which can power the annual electricity needs […]

  • Wheelhouse puts stress on UK post-CfD2 asking fairer system

    18 September 2017
    Authorities & Government, Business & Finance, Environment, Research & Development, Technology

    In the aftermath of the CfD2 allocation round, Scotland’s Minister for Business, Innovation and Energy Paul Wheelhouse said the pressure on the UK government to commit to a fairer system for emerging technologies will be continued.

  • Premier Clark: Debt-Free B.C. Starts with LNG Development (Canada)

    23 April 2013

    The booming natural gas industry is strengthening British Columbia’s economy and securing tomorrow by creating jobs, returning benefits to communities, and generating revenue for a Debt-Free B.C. During a stop at Dawson Creek Reclaimed Water Project, a partnership between Shell and the City of Dawson Creek, Premier Christy Clark saw the progress, momentum and growth […]

  • Carbon Trust Helping Develop Nagasaki RE Testing Centre

    23 February 2016
    Business & Finance, Human Capital, Research & Development, Technology

    The Carbon Trust is working as part of a consortium set up to progress the development of a tidal and floating wind energy test centre in the Nagasaki Prefecture, Japan. The Nagasaki Prefecture has been identified as a potential location for the offshore renewable test site, to not only take advantage of the region’s abundant […]

  • LA, Long Beach Ports Approve New Clean Air Strategies

    3 November 2017

    The governing boards of the ports of Los Angeles and Long Beach have approved the 2017 Clean Air Action Plan (CAAP) Update, ushering in a new era of clean air strategies for moving cargo through the nation’s busiest container port complex. Building on the clean air gains achieved since the ports adopted the CAAP in 2006, […]

  • Cooper Energy: Hammamet West 3 Drilling to Start in Q4 2012 (Tunisia)

    3 April 2012
    Business & Finance

    Preparations for drilling of the Hammamet West-3 well in the Bargou permit have progressed consistent with the plan with CE Tunisia Bargou Ltd awarding a contract for Well Management Services to AGR Petroleum (ME) Ltd – Dubai.

  • Industry giants eye e-methanol bunkering and export facility in UAE

    5 June 2025
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Transition, Vision

    AD Ports Group, Masdar, Advario, and CMA CGM Group have signed a collaboration agreement to explore the feasibility of developing an e-methanol bunkering and export facility at Khalifa Port and KEZAD, UAE.

  • 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.

  • 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 […]

  • 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 […]