10000 results found for 'progress'

10000 results found for 'progress'
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  • Wallenius Wilhelmsen turns to ExxonMobil for biofuel supply

    21 June 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy

    Oslo-listed shipping company Wallenius Wilhelmsen has signed its first biofuel contract with the U.S. energy major ExxonMobil as a step towards reducing emissions and promoting eco-friendly practices. Under the contract, ExxonMobil will deliver sustainable biofuel within the second half of this year, with the first delivery scheduled for July. According to Wallenius Wilhelmsen, this agreement […]

  • Construction starts on India’s 1st indigenous hydrogen-fuelled ship

    31 March 2023
    Business Developments & Projects, Vessels

    Cochin Shipyard Limited (CSL), the largest shipbuilding and maintenance facility in India, has started the construction of the country’s first indigenous hydrogen fuel cell vessel.

  • 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 […]

  • Petrofac appoints new Americas business head

    17 April 2018
    Business & Finance

    Oilfield services provider Petrofac has appointed a new president of its Americas business.

  • Tetra Technologies sells offshore decommissioning services and Maritech businesses

    2 March 2018
    Business & Finance

    U.S. oil and gas services company Tetra Technologies has completed the divestiture of its offshore decommissioning services and Maritech businesses. 

  • AziLat buys two OGX’s blocks offshore Brazil

    19 October 2015

    AziLat Ltd., an oil and gas exploration company focused on South America will buy two offshore blocks in Brazil from OGX Petróleo e Gás S.A. (“OGX”). The blocks CE-M-603 and POT-M-475 are located in the Ceará Basin and the Potiguar Basin, respectively, and are operated by ExxonMobil Exploração Brasil Ltda (“ExxonMobil”). AziLat Managing Director, Michael Stewart, said: […]

  • Eni CEO Briefs Indonesian Energy Minister on Jangkrik Project

    12 April 2013

    The Indonesian Minister of Energy, Jero Wacik, and Eni’s CEO, Paolo Scaroni, met today in Jakarta to discuss Eni’s activities in the country. During the meeting, Paolo Scaroni updated the Minister of Energy on the progress of ongoing projects, which are considered strategic for both Eni and the Indonesian Republic. In particular, Paolo Scaroni has […]

  • EPC Offshore Helps Total E&P UK Develop Edradour Discovery

    14 June 2013
    Business & Finance

    Project management and development engineering specialist EPC Offshore has signed an agreement with Total E&P UK Ltd (TEP UK) to provide support services at its natural gas and condensate discovery in the Atlantic. Edradour, located in Block 206/4 of the UK Continental Shelf, is expected to start pumping in 2016, will be linked to the […]

  • Chariot Given More Time to Evaluate Options in Moroccan Licences

    11 June 2013

      Chariot Oil & Gas Limited has agreed with the Office National des Hydrocarbures et des Mines in (“ONHYM”) a six month extension for the first phase of exploration on its Loukos, Casablanca and Safi licences, offshore Morocco, which will be valid until 11 January, 2014. The award of this extension remains subject to the […]

  • Subsea trees for BP’s first subsea field development reach T&T

    1 April 2016
    Equipment, Project & Tenders

    Oil major BP announced on Thursday that all five subsea trees required for the Juniper project have arrived in Trinidad and Tobago. The Juniper project is BP’s first subsea field development, located 50 miles off the south east coast of Trinidad. The subsea tree is a complex configuration of valves and sensors installed on the wellhead […]

  • 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 […]

  • Salamander Energy: Bualuang Production to Resume in Early February

    27 January 2014

    Salamander Energy has announced it expects production from the Bualuang oil field in the Gulf of Thailand to resume in early February. Production was stopped after a drifting FPSO damaged the risers at the field. Earlier this month, during bad weather conditions, the Rubicon Vantage FPSO drifted into the exclusion zone designed to protect the production […]

  • Zennor looking to bring Flinaggan discovery online by 2019

    21 July 2016
    Exploration & Production, Project & Tenders

    Zennor Petroleum, formerly known as MPX E&P Ltd, an independent UK-based oil and gas company, has appraised the Lower Cretaceous Finlaggan gas-condensate accumulation in the UK North Sea. The appraisal was conducted through well 21/5c-7 and side-track 21/5c-7Z, drilled by the Transocean Sedco 704 drilling rig. Zennor said that well 21/5c-7Z was drill stem tested […]

  • 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 […]

  • Petrobras Identifies Good Quality Oil Offshore Brazil

    24 November 2011
    Business & Finance

    Petrobras today announced that it has identified the presence of good quality oil in well 4-SPS-91 (4-BRSA-1002-SPS), in shallow waters of south Santos Basin, in an area known as Tiro and Sidon, offshore Brazil. The new well, informally known as Patola, is located at a water depth of 299 meters, some 200 km off the […]

  • Providence Bags More Rathlin Basin Acreage Offshore Northern Ireland

    4 January 2012
    Business & Finance

    Providence Resources P.l.c., today confirmed it has been offered a frontier exploration licence over six blocks in the Rathlin Basin, offshore Northern Ireland by the UK Government’s Department of Energy & Climate Change (DECC). This offer was made as part of the second tranche of awards under the UK’s 26th seaward oil and gas licensing […]

  • USA: KBR to Perform Engineering Design Support for BP Quad 204 FPSO Project

    26 August 2011
    Business & Finance

    KBR today announced that it has received a letter of award from Hyundai Heavy Industries Co. Limited to perform engineering design and procurement support services for the BP Quad 204 Floating Production Storage and Offload (FPSO) Project to be located west of Shetland Isles in UK waters. The Quad 204 FPSO will be designed to […]

  • UAE: First Pilot Boat at Khalifa Port

    9 April 2012
    Business & Finance

    Abu Dhabi Ports Company (ADPC) today announced the arrival of the first pilot boat to serve Khalifa Port, when it becomes operational in Q4 this year. The pilot boat will be used for port pilotage operations in the harbour and coastal waters at Khalifa Port and has been designed to be able to cope with […]

  • Singapore: TRIYARDS Secures USD 77 Mln Order for Another Specialised Offshore Unit

    13 July 2012

    TRIYARDS, the fabrication arm of Ezra Holdings Limited (Ezra), 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. Jobs in hand include two self elevating, mobile offshore units and the Lewek Constellation – an ice-class, deepwater multi-lay vessel with heavylift […]

  • Singapore: TRIYARDS Clinches USD 77 Mln Order for One Specialised Offshore Unit

    13 July 2012
    Business & Finance

    TRIYARDS, the fabrication arm of Ezra Holdings Limited (Ezra), 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. Jobs in hand include two self elevating, mobile offshore units and the Lewek Constellation – an ice-class, deepwater multi-lay vessel with heavylift […]

  • Hamburg Sud Christens Americo Vespucio

    23 October 2013

    With the “Américo Vespúcio” the Hamburg Süd subsidiary Aliança christened the third of four identical 3,800 TEU container ships for its cabotage fleet on 22 October 2013 in Pecém (Brazil). Like the first two newbuilds, the “Américo Vespúcio” was also built at the Shanghai Shipyard Co., Ltd. and was delivered on 23 August 2013. The naming […]

  • South Korea: DSME Releases Its 2012 Environmental Report

    3 October 2012

    DSME recently published its 2012 Environmental Report. The report contains the details of DSME’s environmentally-focused initiatives and progress to date. After having published six previous editions which included DSME’s environmental efforts, the company recognized the need to share more details of its environmental expertise based on its experience as a leading manufacturing company. In the […]

  • Russia: Mechel Inks Partnership Agreement with STX Group

    11 September 2012
    Business & Finance

      Mechel OAO, one of the leading Russian mining and metals companies, announces the signing of a long-term partnership agreement with South Korea’s STX Group during the Business Summit of the Asia Pacific Economic Cooperation (APEC). Chairman of the Board of Directors Igor Zyuzin signed the agreement on behalf of Mechel OAO, and Chairman Kang […]

  • USA: SECNAV Honors NAVSEA Activities

    31 August 2012
    Business & Finance

    Eight activities of the Naval Sea Systems Command field activities were recognized Aug. 29, by Secretary of the Navy (SECNAV) for outstanding accomplishments in energy and water management during fiscal year 2011. Award recipients will be honored Oct. 3, during a ceremony at the Navy Memorial in Washington, D.C. The SECNAV Energy awards recognize outstanding […]

  • ABG Shipyard Delivers Vessel to Lamnalco Group, UAE & Deep Sea Supply ASA, Norway

    21 August 2007

    ABG Shipyard Ltd has announced that the Company has delivered two vessels as per the following details: (1) LAMNALCO MACAW The 53 meter long 90 Tonne Bollard Pull Azimuth Drive Propulsion AHTS is able to carry out Anchor handling Towing Rescue, Offshore Supply, Transport Pipes, fresh water, diesel oil, Stores, Materials and equipment, move men […]