10000 results found for 'progress'

10000 results found for 'progress'
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  • Three oilfield services firms collaborate on Murchison decom project

    9 August 2016
    Equipment

    A specialist engineering firm, STATS Group, in collaboration with Paradigm Flow Services and Halliburton, isolated, de-oiled, plugged and abandoned two 3.5” subsea flowlines as part of the Murchison decommissioning project located in the North Sea.  After nearly 30 years of operation in the Northern North Sea, the CNR International-operated Murchison field had reached the end […]

  • 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 […]

  • 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 […]

  • 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%. […]

  • 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. […]

  • i3 Energy chooses new CEO as co-founder steps down

    8 October 2018
    Business & Finance

    Oil and gas company i3 Energy has appointed a new chief executive officer (CEO) with immediate effect.

  • 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 […]

  • 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.

  • 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 […]

  • ICAO, IMO and WCO Chiefs Discuss Global Supply Chain Security

    9 July 2013
    Business & Finance

    The heads of the International Civil Aviation Organization (ICAO), the International Maritime Organization (IMO) and the World Customs Organization (WCO) have met in London to discuss supply chain security and related matters, which cut across the mandates of the Organizations. IMO Secretary-General Mr. Koji Sekimizu welcomed his counterparts, Mr. Raymond Benjamin, Secretary-General, ICAO, and Mr. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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., […]

  • 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 […]

  • Tullow Oil’s TEN project half way there (Ghana)

    11 February 2015
    Project & Tenders

    Tullow Oil has today said that its Tweneboa, Enyenra, and Ntomme fields development, offshore Ghana, is progressing well and is half way there. The project known simply as TEN, is over 50 percent complete, and according to Tullow, it is expected to produce first oil in mid-2016, as originally planned. The development, approved in 2013, […]

  • Ezra’s TRIYARDS Bags USD 77 Mln Contract (Singapore)

    13 July 2012
    Business & Finance, Project & Tenders

    TRIYARDS the fabrication arm of Ezra Holdings Limited, has clinched a new US$77 million order for a specialised offshore unit, strengthening its position in the Southeast Asian offshore engineering and fabrication market. The contract also adds to TRIYARDS’ fast growing order book. Jobs in hand include two self elevating, mobile offshore units and the Lewek […]

  • Statoil stepping up efficiency game

    23 August 2016

    Norwegian oil and gas giant Statoil is stepping up is efficiency improvement efforts, aiming at an efficiency potential of 600 man-years over the next three years in the offshore part of its business. Asked by Offshore Energy Today if this means more layoffs, Statoil’s spokesperson Morten Eek said that “no new plans for job cuts affecting […]

  • GDF SUEZ Acquires Interest in NABUCCO Gas Pipeline, Austria

    28 May 2013

    OMV sold approximately nine per cent of the NABUCCO Gas Pipeline International GmbH to GDF SUEZ, one of the biggest players in the French energy sector. This transaction comes shortly after OMV has taken over the stake from the former shareholder RWE. Gerhard Roiss, OMV Chief Executive Officer: “Having GDF SUEZ as new partner for […]

  • Eni: Coral Sul FLNG hull launched

    14 January 2020
    Vessels

    Eni and its Area 4 partners launched the hull of the Coral Sul floating liquefied natural gas (FLNG) treatment and liquefaction facility at the Samsung Heavy Industries shipyard in Geoje, South Korea. 

  • BC Ferries Names Its First Salish-Class Ship

    27 November 2015
    Business & Finance

    Canadian ferry operator BC Ferries held a naming ceremony for its first Salish-Class vessel at Remontowa Shipbuilding S.A. in Gdansk, Poland earlier this week. The new ferry, christened Salish Orca, will replace the 50-year-old Queen of Burnaby on the Comox – Powell River route after it joins the BC Ferries’ fleet in late 2016. Featuring dual-fuel, Salish Orca is […]

  • Incat Tasmania to Build Six Sydney Harbour Ferries

    23 September 2015
    Business & Finance

    Incat Tasmania’s Hobart Shipyard has been awarded a contract to build six new ferries to operate on Sydney’s Inner Harbour. The new vessel exterior is a traditional design to look similar to the Sydney First Fleet vessels, however, the 35 metre, 400 passenger boats have greater capacity than the current fleet. New South Wales Minister for […]

  • Genel Buys 75 pct in MOG’s Phoenicia

    1 March 2013

    Mediterranean Oil & Gas Plc has completed the sale of 75% of MOG’s shareholding in its wholly owned subsidiary, Phoenicia Energy Company Ltd (“PECL”), to Genel Energy plc (“Genel”). PECL owns the rights to exploration activity in Malta Offshore Area 4. Under the terms of the sale agreement Genel has acquired MOG’s 75% interest for […]

  • CMA CGM Orders Four Boxships from COSCO Zhoushan

    1 June 2016
    Business & Finance

    French shipping giant CMA CGM has ordered four 3,300 TEU container vessels from the Chinese COSCO (Zhoushan) Shipyard, a subsidiary of COSCO Shipyard Group. Under the contract signed between the parties, the new containerships are scheduled for delivery between March 31, 2018 and August 31, 2018. COSCO Zhoushan and CMA CGM have agreed to keep the contract prices confidential, according to the shipbuilder. “Barring any […]