10000 results found for 'progress'

10000 results found for 'progress'
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  • Chevron, YPF Continue Development of Vaca Muerta Shale

    11 April 2014

    Chevron confirmed that subsidiaries of the company have signed agreements with the Argentine oil company YPF S.A. to continue development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province in Argentina. “This is a significant step in our subsidiaries’ joint efforts with YPF to develop one of the […]

  • First Protean WEC installed at Port of Bunbury, WA

    4 May 2016
    Research & Development, Technology

    The first Protean™ wave energy converter (WEC) buoy has been deployed at Port of Bunbury, Western Australia. The deployment will enable Protean Wave Energy Ltd to collect operational and environmental data for a pre-feasibility assessment ahead of a commercial pilot wave farm. The multi-buoy demonstration wave farm will be deployed progressively with Stage 1 consisting […]

  • Norway: Aibel Elects New Chairman

    1 February 2012
    Business & Finance

    Gert W. Munthe has been elected Chairman of Aibel AS, with immediate effect. Munthe has already served on the Board of Aibel for several years. “Aibel is a company in a fantastic period of development. As Chairman, I am looking forward to helping this excellent progress continue,” he says. Broad experience Aibel is owned by […]

  • Neptune Energy’s Indonesian business gets new managing director

    18 December 2018
    Business & Finance

    Oil and gas company Neptune Energy has appointed a new managing director of its Jakarta-based Indonesian business.

  • Oil Search Lifts Production Guidance

    4 June 2014

    PNG’s Oil Search said it has updated its production guidance for the 2014 full year following the commencement of LNG production from Train 1 in April and Train 2 in May, both ahead of schedule. Forecast cash operating costs on a barrel of oil equivalent basis have also been adjusted, as follows: Peter Botten, Oil […]

  • MSC: Competing on Technology Not the Way Forward

    23 May 2018
    Business & Finance

    Collaboration vs competition on technological solutions aimed at meeting shippers’ needs for technological innovation.

  • Australia: Eni Drills Gawain Well to Total Depth of 3,963m. Discovers No Hydrocarbons

    13 April 2011
    Business & Finance, Project & Tenders

      Octanex N.L.  has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that the well has reached its total depth (TD) of 3,963m MDRT (measured depth below rotary table). Since the last progress report of 11 April 2011, when the well was at […]

  • Aveon Nets FMC Contract Off Nigeria

    15 January 2014
    Business & Finance

    Aveon Offshore Limited, a Nigerian oil & gas engineering and fabrication company, said it has secured a sub-contract from FMC Technologies Nigeria for the fabrication of subsea structures for the Egina field, offshore Nigeria. FMC Technologies was earlier awarded the Engineering Procurement Construction and Commissioning (EPCC) contract for the Egina Field Subsea Production Systems by […]

  • Seatronics welcomes new QHSE co-ordinator

    22 July 2015
    Business & Finance

    Seatronics Ltd, an Acteon company, has appointed Joanne Keilloh as its new Group quality, health, safety, environment (QHSE) Co-ordinator based in Aberdeen. In her new role, Keilloh will lead the QHSE function within the Seatronics Group and Acteon sister company, J2 Subsea. Seatronics further said that she will support the companies’ global bases in driving QHSE strategy and […]

  • Dyna-Mac receives orders from Keppel, Modec and Bumi Armada

    25 February 2014
    Equipment

    Dyna-Mac Holdings Ltd.  a multi-disciplinary offshore fabrication specialist with core focus in FPSO/FSO topside modules, has secured three new fabrication orders for a provisional sum of S$42 million. Lim Tze Jong, Executive Chairman and CEO of Dyna-Mac commented: “Moving forward, we continue to look at procuring new orders for our Singapore and overseas yards and […]

  • Ex-Halliburton man takes over as Diamond Offshore boss

    13 February 2014
    Business & Finance

    Diamond Offshore has appointed Marc Edwards as its president, Chief Executive Officer and as a member of the Board of Directors, effective March 3, 2014. Mark Edwards succeeds Lawrence Dickerson, who announced his intent to retire in September 2013 after almost 30 years of continuous service to the Company. James S. Tisch, Chairman of the Diamond Offshore […]

  • Eni starts delivering additional LNG to Italy ahead of winter

    12 October 2022
    Business Developments & Projects, Outlook & Strategy

    Italian oil and gas company Eni has begun providing additional volumes of liquefied natural gas (LNG) to the regasification terminal of Panigaglia, La Spezia, ahead of the 2022-2023 winter. As part of Eni’s plan to strengthen and diversify gas supplies to Italy, the first cargo was delivered on 9 October. Supplies came from Angola, reloaded on […]

  • Infinity eyes international expansion

    18 June 2020
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Engineering consultancy Infinity has announced Stephen Hamilton as regional director and green-light for the expansion of the business. Infinity has now entered London energy market, which will operate as a hub for engineering support to the international arena. This should also strengthen the Aberdeen technical offering available to the North Sea client base. The expansion […]

  • CCCC Keeps up Momentum

    1 April 2016
    Business & Finance

    On March 28, the Board of Directors of China Communications Construction Company Limited (CCCC) released the 2015 annual report and CSR report on the Shanghai Stock Exchange and the Hong Kong Stock Exchange. This was the ninth consecutive CSR report released by CCCC since 2008. According to the annual report, CCCC’s new businesses and old businesses both […]

  • Trans Adriatic Pipeline Passes Halfway Mark

    8 September 2017
    Operations & Maintenance

    The Trans Adriatic Pipeline (TAP) has achieved 50% completion mark, nearly 16 months after the start of the construction. This includes all engineering, procurement and construction scope, TAP informed. TAP’s contractors have cleared around 70% of the project route in Greece and Albania, approximately 539km out of 765km. Approximately 95% of the total 55,000 pipes to […]

  • OGTC Integrates OGIC

    2 April 2020
    Technology

    Activities undertaken by the Oil & Gas Innovation Centre (OGIC) have transferred to the Oil & Gas Technology Centre (OGTC) in Aberdeen, supported by £3-million funding to boost low carbon technology. The funding has been provided by Scottish Funding Council, Scottish Government and Scottish Enterprise. Over the past five years OGIC has supported over 100 […]

  • Michigan Wetlands Restoration Gets Support

    10 September 2014
    Business & Finance, Equipment, Technology

    U.S. Senators Debbie Stabenow, vice chair of the Great Lakes Task Force, and Carl Levin, chair of the Great Lakes Task Force, yesterday announced support for Ducks Unlimited to implement conservation programs to help restore and conserve Great Lakes coastal and interior wetlands. The $1,488,944 grant comes through the National Oceanic and Atmospheric Administration. “Our Great […]

  • Adopt-an-Estero Scheme Includes Dredging

    23 September 2014
    Business & Finance, Equipment, Technology

    Close to 200 barangay officials, community leaders and representatives from national and local governments, civil society and the private sector partners will gather for the fourth annual Partners’ Forum of the Adopt-an-Estero/Waterbody Program on September 24-25, 2014 at the Microtel, UP-Ayala Land Technohub, in Quezon City. The Adopt-an-Estero/Waterbody Program is one of DENR’s priority program, […]

  • Prosafe lays up 34 years old offshore accommodation rig

    26 January 2016
    Exploration & Production

    Prosafe, world’s largest provider of offshore accommodation rigs, will lay-up one of its flotels. According to the company’s update, the Jasminia flotel remained off hire in the fourth quarter of 2015, and will now be moved to a lay-up location. The Jasminia, currently in Mexico, has been out of contract since the early 2015. The […]

  • Niko sells Block 5 (c) stake in Trinidad to BG Group

    31 March 2014
    Business & Finance

    Niko Resources Ltd. has announced that it has executed a definitive sale and purchase agreement for the sale of its 25% interest in Block 5(c) in Trinidad and Tobago to a subsidiary of the BG Group, 75% interest owner and operator of the block, for gross proceeds of $62 million. Under the terms of the […]

  • SGX Extends Exclusive Talks with Baltic Exchange

    28 June 2016
    Business & Finance

    Singapore Exchange (SGX) has extended the period of exclusive discussions to buy the London’s Baltic Exchange by two months. According to the new information, the deadline for the talks has been pushed from June 30, 2016 to August 31, 2016. The announcement comes on the back of the exclusivity agreement signed between the parties in May, which allowed the Baltic Exchange to consult […]

  • Golar LNG to Sign FLNG Charter Deal with BP

    20 April 2018
    Business & Finance

    Golar LNG is to secure a charter agreement for an FLNG vessel with oil and gas major BP.

  • FinCo Fuel Acquires Controlling Stake in Biofuel Company GoodFuels

    7 January 2020
    Business & Finance

    FinCo Fuel Group takes a majority stake in GoodNRG, a compatriot holding company of renewable fuels pioneer GoodFuels.

  • Hanjin Shipping Struggles to Cut Charter Rates

    14 June 2016
    Business & Finance

    Financially-troubled South Korean shipping major Hanjin Shipping failed to receive any positive response in its first round of talks with 22 shipowners in an effort to cut charter rates, according to Yonhap news agency. One of the company’s creditors reportedly said that Hanjin Shipping is expected to make some progress on the charter rates deal by early […]

  • Hong Kong Sulphur Switch to Cut Harmful Emissions by 60%

    18 June 2015
    Business & Finance

    A new regulation under which ocean going vessels are required to switch to marine fuels with less than 0.5% sulphur content while at berth in Hong Kong waters is expected to reduce the levels of SO2 and respirable suspended particulates by more than 60%, according to Hong Kong’s Secretary for the Environment, Wong Kam-sing. The regulation, coming into […]