10000 results found for 'progress'

10000 results found for 'progress'
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  • Brazil: OGX Announces Presence of Hydrocarbons in Well OGX-17, Santos Basin

    10 October 2010
    Business & Finance

    OGX Petróleo e Gás Participações S.A. , the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced that it has identified the presence of hydrocarbons in the Albian section of well 1-OGX-17A-RJS, located in the BM-S-56 block, in the shallow waters of the Santos Basin. OGX holds a 100% […]

  • MCT’s SeaGen Produces More than 3GWh of Electricity (UK)

    31 January 2012

    Bristol based Marine Current Turbines (MCT) announced that its 1.2MW SeaGen device has produced more than 3GWh of electricity since its deployment in 2008. SeaGen is located in Northern Ireland’s Strangford Lough and it is the first of its kind to reach this level. The company has been progressing on many fronts. During 2011, two […]

  • RS Recognised by Maritime Administration of Belgium

    13 November 2012
    Business & Finance

    An Agreement Governing the Delegation of Regulatory Services Associated with the Issue and Renewal of Certificates for Ships Flying the Belgian Flag was signed between Russian Maritime Register of Shipping (RS) and the Maritime Administration (MA) of Belgium on November 13, 2012 in Brussels. The scope of authority delegated to RS includes ship surveys for […]

  • BorWin3 Jacket Roots In

    28 May 2018
    Storage

    The jacket foundation for the 900MW BorWin3 offshore grid platform has been installed in the North Sea, nearly 130 kilometres off the German coast, Petrofac said.

  • Bowleven to Deepen Sapele-3 Well, Offshore Cameroon

    1 November 2011

    Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces its intention to deepen the Sapele-3 exploration well drilling in the Douala Basin, offshore Cameroon. Sapele-3 drilling update The Sapele-3 well is located circa 16 kilometres North West of Sapele-1 and circa thirteen kilometres North West of the D-1r wells. The […]

  • Karoon Gas Australia to Raise Funds for Drilling Programs

    8 August 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Karoon Gas Australia Ltd recently announced the launch of an underwritten placement to raise approximately A$150 million at an offer price of A$5.10 (“Placement”). The offer price represents an 8.9% discount to the last trading price of A$5.60 on 6 August 2013. The proposed placement will strengthen Karoon’s balance sheet to: • provide financial flexibility […]

  • Eni and GE Form Renewables Pact

    22 November 2016
    Business & Finance, Environment, Research & Development, Technology

    Italian oil & gas major Eni has signed an agreement with General Electric (GE) to develop renewable energy projects and hybrid solutions with a focus on energy efficiency.

  • UPDATE: Upper Hudson River Dredging

    8 September 2014
    Business & Finance, Equipment, Technology

    The upper Hudson River dredging project, administered by the United States Environmental Protection Agency (EPA) and General Electric (GE), will be in progress during the 2014 Navigation Season between Lock C-4 in Stillwater and Lock C-8 in Fort Edward. The dredging operations are lighted, have day shapes and arrow boards displayed. Additional informational signs have […]

  • Kea Trader Sections Remain In Situ

    12 January 2018
    Business & Finance

    Six months after running aground on Durant Reef, work to remove the 2017-built container ship Kea Trader continues.

  • EMAS AMC Bags $300 Mln Subsea Gig from Noble Energy

    9 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Ezra Holdings Limited’s Subsea Services division, EMAS AMC, has finalised three contracts with Noble Energy valued collectively at over US$300 million. The scope of work includes engineering, procurement, construction and installation of subsea tie-backs for the Big Bend, Dantzler and Gunflint field developments in the US Gulf of Mexico. The project management, engineering and procurement […]

  • Maersk Oil: Production rises in 1Q. Profit at $346M

    21 May 2014

    Danish oil company Maersk Oil made a profit of $346m million in the first quarter of 2014, in line with $346 million earned in 1Q 2013. The result is positively affected by average entitlement production of 256,000 boepd ( 1Q 2013: 239,000 boepd) offset by lower average oil prices of $108 per barrel (1Q 2013: $112 per […]

  • Yarmouth Pier Refurbishment Underway

    12 March 2018
    Business & Finance

    Mackley has been commissioned to carry out major refurbishment works on the UK’s longest wooden pier. Opened in 1876, Yarmouth Pier on the Isle of Wight is an important historic landmark which stretches 186 meters into the Solent. The program of works involves the installation of 50 piles, a new pierhead structure and the refurbishment […]

  • Strabag Will Perform Khalifa Port Development Works (UAE)

    22 July 2010

    European construction group Strabag said its subsidiary Ed. Züblin has clinched a euros 220 million ($281.5 million) order from Abu Dhabi government for the development and construction of buildings at the new Khalifa Port. As per the contract, Ed. Züblin will build 25 buildings for one part of the Khalifa port in a 86,000 sq […]

  • Senergy joins Plexus’ subsea wellhead JIP

    25 February 2014
    Business & Finance, Equipment

    Plexus Holdings PLC announced that Senergy Holdings Limited has signed up as an additional Consulting Partner to Plexus’ on-going Joint Industry Project (‘JIP’) to develop and commercialise a new and safer subsea wellhead, utilising Plexus’ patented POS-GRIP technology. This follows previous news releases announcing that Total E&P Recherche Developpement SAS, Maersk Oil North Sea UK Ltd, Shell International Exploration and Production […]

  • Aquamarine Power Gets New CEO

    30 September 2014
    Business & Finance, Equipment

    Aquamarine Power has appointed John Malcolm as their new Chief Executive Officer. He will take the reins at the Edinburgh-based business on October 15. The current CEO Martin McAdam is stepping down after six and half years in post. John Malcolm has broad international experience, and has been a non-executive director on the Aquamarine Power […]

  • UK: Sterling Resources Secures Loan for Breagh Gas Field Development

    19 July 2011
    Project & Tenders, Research & Development

    Sterling Resources Ltd. (“Sterling” or the “Company”) announces that it has signed a loan facility agreement (the “Facility”) with a group of banks for a GBP 105 million senior secured loan for the Phase 1 development by its wholly-owned subsidiary, Sterling Resources (UK) Ltd, of the Breagh gas field in the UK Southern North Sea […]

  • Marine Power Systems Wraps Up WaveSub Prototype Trials

    2 September 2019
    Operations & Maintenance, Research & Development, Technology

    Marine Power Systems (MPS) said it has concluded a programme of sea testing for its prototype wave energy generator, WaveSub. Taking place in Cornwall at the marine test site FaBTest over the last 12 months, MPS said that the test results have proven the functionality of the 1:4 scale device across a range of sea […]

  • Isle of Man Explores Tidal Energy Potential

    12 October 2015
    Authorities & Government, Research & Development

    Plans to grow the Manx economy by harnessing the Isle of Man’s natural resources to generate renewable energy have taken a significant step forwards. The Isle of Man Government has granted a survey licence to a local company to explore the possibility of developing a tidal array on an area of the seabed off the Point […]

  • Multimillion-dollar jobs for Monadelphous on Shell’s gas project and Australia Pacific LNG

    9 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Monadelphous, an Australian engineering group, has landed a new assignment on a natural gas field development off the coast of Western Australia and a contract extension for a liquefied natural gas (LNG) project in Queensland located in northeastern Australia.

  • With UK’s 2030 CCUS targets being ‘very challenging,’ three measures can save the day

    5 September 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Transition

    Wood Mackenzie believes the UK will struggle to meet its CCUS targets unless government and private investment come to the aid.

  • UK: Sterling Resources Secures Loan for Breagh Gas Field Development

    19 July 2011
    Business & Finance

    Sterling Resources Ltd. (“Sterling” or the “Company”) announces that it has signed a loan facility agreement (the “Facility”) with a group of banks for a GBP 105 million senior secured loan for the Phase 1 development by its wholly-owned subsidiary, Sterling Resources (UK) Ltd, of the Breagh gas field in the UK Southern North Sea […]

  • USA: Buccaneer Energy Provides Jackup Rig Acquisition Update

    20 January 2011
    Business & Finance, Project & Tenders

    Buccaneer Energy Limited (“Buccaneer” or “the Company”) provides update on the progress of the acquisition of a jack-up rig for operations in the Cook Inlet, Alaska. Buccaneer is in the process of negotiating and financing the acquisition of a jack-up rig that will have the capacity to operate in all areas within the Cook Inlet […]

  • Dominion 2012 Income Drops (USA)

    31 January 2013

    Dominion announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the 12 months ended Dec. 31, 2012, of $581 million ($1.01 per share), compared with reported earnings of $1.41 billion ($2.45 per share) for the same period in 2011.   Operating earnings for the 12 months ended Dec. 31, 2012, […]

  • Danish wave energy firm gears up for final PTO testing

    27 March 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development

    Danish wave energy technology company Exowave is entering an important phase of developing its wave energy technology, as the power take-off (PTO) system is set for wet testing in the coming weeks.  “We’re thrilled to share that the PTO assembly is progressing exceptionally well—faster than expected—thanks to Exowave’s robust design and engineering, as well as […]

  • Lundin beefs up Johan Sverdrup capacity

    12 May 2016
    Project & Tenders

    Lundin Petroleum, a Swedish independent oil and gas company, said there was a potential to increase processing capacity at the Norway’s largest offshore development, the Johan Sverdrup field. In a statement this week, the company said there was a possibility to boost processing capacity from the previously guided range of 315,000 to 380,000 bopd up to […]