10000 results found for 'progress'

10000 results found for 'progress'
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  • 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.

  • 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 […]

  • 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 […]

  • MOL orders ammonia dual-fuel bulk carrier duo in China

    11 December 2024
    Vessels

    As part of its commitment to driving its decarbonization progress, Japanese shipping major Mitsui O.S.K. Lines (MOL) has placed an order for two ammonia dual-fuel bulk carriers.

  • RMIT researchers turn wastewater pollutants into green hydrogen

    18 July 2025
    Business Developments & Projects, Exploration & Production, Innovation, Research & Development, Technology

    Researchers at Australia’s RMIT University have developed an experimental method that uses wastewater contaminants to support green hydrogen production, potentially reducing the need for freshwater in the process.

  • UAE set to introduce green ship recycling regulations

    10 January 2022
    Authorities & Government, Environment, Regulation & Policy, Rules & Regulation

    The United Arab Emirates (UAE) is making progress with national ship recycling regulations that are expected to be unveiled during 2022.

  • 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 […]

  • WES awards £3 million for wave energy projects

    10 January 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Wave Energy Scotland (WES) has allocated £3 million to ten projects as part of the funding call focused on structural materials and manufacturing processes for wave energy technology.

  • Cheniere, Pertamina Ink Corpus Christi LNG Deal

    5 December 2013
    Project & Tenders

    Cheniere Energy announced that its subsidiary, Corpus Christi Liquefaction has entered into a liquefied natural gas sale and purchase agreement with PT Pertamina under which Pertamina has agreed to purchase approximately 0.8 million tonnes per annum of LNG upon the commencement of operations from the LNG export facility being developed near Corpus Christi, Texas. The Corpus […]

  • Drilling ops corroborate extent of Petrobras’ previous gas discovery offshore Colombia

    6 August 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petrobras has carried out drilling operations in the Tayrona Block off the coast of Colombia, which enabled it to substantiate and verify the size of a gas discovery made two years ago.

  • Reach Subsea ‘very optimistic for years ahead’ as it reports record 2023 numbers

    14 February 2024
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders

    Reach Subsea has reported record-high numbers for the fourth quarter of 2023 and the whole year, with all parameters driven by growth, improved pricing, and strong project execution. Reach Subsea’s revenue for Q4 2023 grew by 45% to NOK 474 million ($44.5 million), whereas EBIT grew by 130% to NOK 79.5 million ($7.4 million). Revenue […]

  • Equinor shareholders to vote on energy transition plan

    19 April 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    Equinor has informed that, starting in 2021, it will submit its energy transition plan for advisory vote to shareholders.

  • China: Caterpillar Announces Xuzhou Expansion Plans

    21 March 2012
    Business & Finance, Equipment, Technology

      Caterpillar Inc. announced today a new expansion project for the company’s manufacturing facility in Xuzhou, China. Once completed in 2016, it will increase hydraulic excavator production at Caterpillar Xuzhou Limited (CXL) by an additional 80 percent. Caterpillar also announced plans today to begin production of wheeled excavators at CXL beginning in early 2014, further […]

  • Port of Blyth’s largest oil & gas decom gig underway for three North Sea platforms

    1 September 2023
    Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders

    Port of Blyth is embarking on its largest oil and gas decommissioning project to date, covering several topsides and jackets from three North Sea platforms

  • UK regulator tells industry to avoid delays that can harm business

    14 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Rules & Regulation, Transition

    UK’s regulator has reminded the industry of a need to avoid lengthy delays in transactions that can harm business and put off new investors.

  • Finnish-UK duo to harness wind power potential on new Aframax/LRII design

    6 June 2023
    Business Developments & Projects, Equipment, Innovation, Technology, Vessels

    UK tech provider Bar Technologies has joined forces with Finnish ship design and engineering firm Deltamarin to incorporate wind propulsion on a new build design, Aframax/LRII. 

  • Seven electricity interconnectors pass to next stage of Ofgem’s cap and floor window

    27 February 2023
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

    UK energy market regulator Ofgem has decided that all electricity interconnector projects that submitted applications in its third cap and floor window will progress to the next phase. This third window was opened for electricity interconnectors able to start operations before the end of 2032 and the application period ran from 1 September 2022 until 10 […]

  • Trans Adriatic Pipeline secures $4.5 billion financing deal

    14 January 2019

    TAP secured project financing worth EUR 3.9 billion in December 2018 making it the largest financing agreement for a European infrastructure project in 2018.

  • ExxonMobil sees 3Q profit fall 49% on lower oil prices

    1 November 2019
    Business & Finance

    Exxon’s production grew three percent from the third quarter of 2018 to 3.9 million barrels per day.

  • Eni’s 3Q Production Drops Due to Libyan Disruptions

    27 October 2011
    Business & Finance

    Eni announces results for the third quarter and the nine months of 2011. Adjusted operating profit: €4.61 billion in the quarter (up 12%); €13.71 billion in the nine months (up 9%); Hydrocarbon production still affected by the Libyan disruptions: down by 13.6% inthe third quarter of 2011 to 1.47 mmboe/d (down by 12.4% in the […]

  • UK: AGR Petroleum Services Announces New Management Appointment

    28 February 2011
    Business & Finance

      AGR Petroleum Services, the world’s largest independent well management company, has appointed a new manager to oversee and grow its global consultancy division. Kirsty Crook, who has been a part of AGR Consultancy Services for nearly a decade, has now been promoted to have global responsibility for the business unit. Her role sees her […]

  • 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, […]

  • 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.