10000 results found for 'progress'

10000 results found for 'progress'
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  • Skangass Building LNG Terminal in Pori, Finland

    30 September 2014
    Business & Finance

    Sweden’s Skangass has decided to build a new import terminal for LNG in Pori, helped by 185 million NOK investment support from the Finnish Government. The terminal is planned to be finished in 2016. Once completed in autumn 2016, the terminal will have a capacity of 30,000 cubic meters. Skangass has already selected the main contractor and […]

  • Technip Bags 5-Year PSVM FPSO Job in Angola

    20 February 2013
    Business & Finance

    Technip has been awarded by BP Angola a five-year contract for engineering and modification services for the existing Greater Plutonio and Plutao, Saturno, Venus and Marte (PSVM) floating production storage and offloading (FPSO) units, located in Blocks 18 and 31 offshore Angola. Technip described the contract as “important”. For Technip, an “important” offshore contract is […]

  • Matson Eyes Fresh Funds as Part of Its Fleet Renewal

    28 October 2016
    Business & Finance

    US-based container carrier Matson is looking to raise funds through the issuance of USD 75 million of 11-year final maturity senior unsecured notes as part of its fleet renewal program. Proceeds of the notes, which are expected to have a weighted average life of 8 years, would be used to pay down the company’s revolving credit facility […]

  • Italian Authorities Push Back Decision on Concordia Wreck Removal

    16 June 2014
    Business & Finance

    The Italian Government has delayed the date of the final decision on refloating and removal of the Concordia wreck so as to look into the plan’s details once more. Based on the latest update, the Italian Council of Ministers, upon proposal from the Commissioner for the Concordia Emergency, has identified June 26th (instead of June […]

  • Trapoil Completes Acquisition of 15 Pct Interest in Athena Field Offshore UK

    23 December 2012
    Business & Finance, Operations & Maintenance

    Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, confirms that on 21st December 2012 it completed the previously announced acquisition of a 15 per cent. working interest in the Athena Oil Field (“Athena”) from Dyas UK Limited (“Dyas”). Completion followed delays […]

  • Saipem Exceeds 50 Pct of New Contract Acquisition Target for 2013 (Italy)

    22 May 2013
    Business & Finance, Operations & Maintenance

    Saipem announces that it has already exceeded 50% of its new contract acquisition target for 2013 in the Engineering & Construction (E&C) Business Unit. The total value of new contracts acquired from January 2013 to date in the E&C Business Unit (some of which will be communicated in the next weeks) is approximately €6.1 billion, […]

  • Ceona’s Polar Onyx Floated Out of Dry Dock at Ulstein Verft

    4 December 2013
    Business & Finance

    Ceona’s high-capacity flexible/umbilical pipelay and subsea construction vessel, the Polar Onyx, has been floated out of dry dock at Ulstein Verft yard in Norway following an intensive outfitting programme. It has now moved to the shipyard quay where the interior works will be completed and the vessel systems brought online. The Polar Onyx support vessel […]

  • UK: Total Hosts Press Conference on Elgin Platform Incident

    1 April 2012
    Business & Finance

    Total hosted a press conference, attended by Rt Hon Charles Hendry, MP, Minister of State for the Department of Energy and Climate Change (DECC) at which it provided further details of the scale of its work to control the release of non-toxic gas from the G4 well on the Elgin field platform and confirmed that […]

  • USA: ORE Offshore Adopts EdgeTech Brand Name

    24 February 2012
    Business & Finance, Research & Development

    ORE Offshore is adopting the EdgeTech brand name. The two divisions have been operating successfully under one roof for many years and the company is excited to continue building its strong reputation under one common name moving forward. The talented engineering, manufacturing and services personnel have been working in collaboration for over ten years and […]

  • Welltec’s Annular Barrier runs as primary for Statoil

    16 January 2015
    Business & Finance, Equipment

    Welltec®, a Danish based oil and gas service provider, has announced that its Welltec® Annular Barrier has been successfully run as a standalone, primary well barrier element for Statoil in the North Sea.  The company says that the 9 5/8″ ISO14310 V0 WAB® was deployed, expanded and subsequently verified on a well in a field […]

  • Catcher on track for 2017 production. FPSO construction starts

    13 January 2015
    Project & Tenders

    Cairn Energy, an independent oil and gas company, has informed that first steel has been cut for the Premier-operated Catcher FPSO unit. Cairn owns a stake in the Catcher area, located in the UK Central North Sea. Cairn did not specify the exact date of the Catcher FPSO steel cutting ceremony but only said it had […]

  • Mount Gibson to set up logistical services base for offshore oil and gas

    12 May 2015
    Business & Finance

    Mount Gibson Iron Limited has entered into an agreement with specialist logistics provider Qube Holdings Limited (Qube) for establishing logistical services base for the offshore oil and gas industry at Koolan Islands, Western Australia. Mount Gibson and Qube will provide a framework to progress the potential establishment of the base for the industry at the […]

  • Santos Reports Net Profit of $262 Mln (Australia)

    17 August 2012
    Business & Finance

    Santos, one of Australia’s largest gas producers, today reported a net profit of $262 million after tax for the half-year ended 30 June 2012. The headline half-year result is lower than the corresponding period which included gains on asset sales of $246 million. Underlying net profit of $283 million for the first half is up […]

  • USA: Buccaneer Energy Limited Announces Funding For Jack-Up Rig Acquisition

    6 December 2010
    Business & Finance

    Buccaneer Energy Limited advises that due diligence investigations by the Alaskan Industrial and Development Export Authority (“AIDEA”) in respect to AIDEA making a direct equity investment into the Company’s wholly owned subsidiary Kenai Offshore Ventures, LLC (“Kenai Offshore”) is preceding satisfactorily. AIDEA are awaiting a report from an independent consultant which is expected to be […]

  • Houston: MTU Presents Power and Propulsion Solutions for O&G Market at OTC

    4 May 2010
    Equipment

    Held annually in Houston, Texas (USA), the Offshore Technology Conference (OTC) is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. From May 3 to 6, MTU presents its latest generation of power and propulsion solutions for the oil and gas market. Specifically designed […]

  • OMV: Whio-1 well at 2,670M (New Zealand)

    22 August 2014
    Business & Finance, Project & Tenders

    Cue Energy Resources Ltd has been advised by OMV New Zealand Ltd (OMV), the Operator of permit PEP 51313, that at 08:19 hours (local time) on Friday 22nd August 2014, the Whio-1 well was at a depth of 2,670m MDRT in 12.25″ hole, and is drilling ahead towards the planned total depth of 2,879m MDRT […]

  • Mubadala installs Manora topsides

    7 July 2014
    Business & Finance, Equipment, Project & Tenders

    Tap Oil Limited has provided the following update on the Manora oil development in the Northern Gulf of Thailand (TAP 30% interest). Mubadala Petroleum, the operator of the Manora joint venture, continues to advise that the development is on schedule for start of production in late Q3 2014. On 7 July, Phase 2 of the Offshore […]

  • Fairmount delivers Castoro Sei to Rotterdam

    18 March 2014

    Tug Fairmount Glacier has towed pipelay-vessel Castoro Sei to Rotterdam, the Netherlands, from where the vessel will start its seasonal activities on the North Sea. The Fairmount Glacier hooked-up with Castoro Sei in Genoa, Italy. The Castoro Sei is a 28,000 ton DWT 152 meters long semi-submersible pipelay-vessel operated by Italian Saipem. For her towage from […]

  • SBM Offshore Inks FPSO Sepetiba Deals with Petrobras

    12 December 2019
    Business & Finance

    SBM Offshore signs contracts with Petrobras for the 22.5-year lease and operation of FPSO Sepetiba.

  • Canadian Gov’t to Assess Risks Posed by Wrecked, Abandoned Ships

    16 January 2019

    LOC to develop risk assessment methodology related to wrecked ships in Canadian waters.

  • Corpus Christi Ship Channel Expansion to Begin Next Week

    21 May 2019

    On May 29, the Port of Corpus Christi will see the commencement of the Ship Channel Improvement Project.

  • Germany: Abu Dhabi MAR Acquires HDW Garden in Kiel

    2 September 2011

    As of today the contracts for the acquisition of the former HDW Gaarden GmbH in Kiel have entered into force. Abu Dhabi MAR Kiel GmbH starts with 172 employees, the facilities, equipment and infrastructure of the former HDW Gaarden, working on first orders of its target markets offshore, mega yachts and construction of special vessels. […]

  • UAE: Navy and Fincantieri Sign New Corvette Construction Contract

    4 October 2011

    Fincantieri, on the occasion of the visit of the Minister of Economic Development – Paolo Romani – to the United Arab Emirates, has signed a new contract within the framework of the program currently in progress with the UAE Navy. The new contract covers further activities related to qualifying and testing the integrated vessel with […]

  • Exoma Provides Wonganella-1 Drilling Report (Australia)

    1 July 2011

    Exoma Energy Limited released the Drilling Report for the Wonganella- 1 core well. The well is being drilled by Exoma as Joint Venture Operator of ATP 991P, ATP 996P, ATP 999P, ATP 1005P and ATP 1008P (Exoma 50%, CNOOC Galilee Gas Company 50%). This is the second well of a 12 well exploration program to […]

  • USA: KBR 2Q Net Income Up

    26 July 2012

    KBR announced that second quarter 2012 net income attributable to KBR was $104 million compared to net income attributable to KBR of $100 million in the second quarter of 2011. Consolidated revenue in the second quarter 2012 was $2.1 billion compared to $2.5 billion in the second quarter of 2011. Operating income in the second […]