10000 results found for 'progress'

10000 results found for 'progress'
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  • SBSEK Makes FID for Nautilus Tidal Project

    6 October 2017

    Indonesia’s SBS Energi Kelautan (SBSEK) has made final investment decision (FID) for the Nautilus tidal stream project, and is accelerating development engineering activities for Phase I of the project. Nautilus tidal project will provide reliable, zero-emission electrical power to State-owned electrical utility company, PT. Perusahaan Listrik Negara (PLN), throughout the 30-year duration of a power purchase agreement. Atlantis Resources […]

  • CMA Allows Wood-Amec Merger to Move Forward

    12 September 2017
    Business & Finance, Operations & Maintenance

    The UK Competition and Markets Authority (CMA) has accepted the remedy formally offered by Wood Group and Amec Foster Wheeler on August 9, 2017. This follows the CMA’s in principle acceptance on August 15. The merger is therefore now expected to complete in October 2017, following receipt of merger clearance in Mexico. The remedy consists […]

  • Aker Solutions Appoints New UK Country Manager

    14 February 2018
    Business & Finance, Equipment

    Aker Solutions has appointed Sian Lloyd Rees as UK country manager, based in Aberdeen. Lloyd Rees takes over country management responsibility from David Clark who will now focus on his role as executive vice president for Aker Solutions’ global services organization. Her career started in the oil and gas industry working at Stena Offshore before […]

  • First Galloper OWF Foundation Touches Seabed

    28 December 2016
    Business & Finance, Operations & Maintenance

    GeoSea has installed the first of fifty six turbine foundations at the 336MW Galloper offshore wind farm. The foundations will provide a base for the 6MW Siemens wind turbines due to be installed from Q2 2017. GeoSea has sub contracted Sif Group and Smulders to produce the monopiles and transition pieces. The components are being […]

  • IOG Submits Blythe Field Development Plan

    12 December 2016
    Business & Finance, Research & Development

    Independent Oil and Gas (IOG) has submitted the Blythe Field Development Plan (FDP) to the Oil and Gas Authority (OGA).  The Blythe gas field, which is 100% owned and operated by IOG, is located in the Southern North Sea close to existing infrastructure and other IOG-owned licences. It contains independently verified 2P reserves of 34.3 […]

  • Nautilus Minerals Reports Losses in 1H 2011 (USA)

    15 August 2011
    Business & Finance, Operations & Maintenance

    Underwater mining specialist Nautilus Minerals posts first half losses of $7.98m – down from $18.75m a year ago. The reduction was largely a result of the company capitalising exploration and evaluation expenditure at Solwara 1 following receipt of a mining lease from the Papua New Guinea government in January. The lease provides Nautilus with a […]

  • Serica to file Columbus development plan in mid-2018

    28 September 2017

    Serica Energy is pressing ahead with the development of the Columbus gas field in the North Sea. The development plan for the asset which has been sitting undeveloped for years is expected to be submitted mid-2018. According to Serica, good progress has been made towards optimizing the Columbus development plan in together with other asset […]

  • UK: Pelamis’ Director Speaks at Marine Energy Park Launch

    30 July 2012

    The new Pentland Firth and Orkney Waters Marine Energy Park is designed to highlight the region’s reputation as a world leader in marine energy, and forge links to progress the development of the wave and tidal power industry. The park incorporates the world-leading European Marine Energy Centre (EMEC), which provides testing facilities for wave and […]

  • Ulstein Mounting X-STERN

    17 September 2015

    The first X-STERN™ is currently being mounted on the first of two newbuilds to serve the offshore wind service industry. The vessels will be operated by Windea Offshore. Yno 309 and 310 are scheduled for delivery from Ulstein Verft in 2016 and 2017. In addition to being the first vessels from Ulstein Verft in the […]

  • Dudgeon Unfazed by Statkraft’s Investment Cuts

    17 December 2015
    Business & Finance

    The development of the Dudgeon Offshore Wind Farm is progressing as planned and the project is not affected by Statkraft’s announcement of reduced investment plans in offshore wind, according to Dudgeon Offshore Wind Limited. Full production is expected in late 2017 as previously announced, the developer said. As Offshore WIND reported yesterday, Norway’s Statkraft released an adjusted investment […]

  • MAKE: Winds of Change in Turbine Industry Blow Offshore

    23 December 2015
    Research & Development, Technology

    The wind energy market continues to mature, with dramatic technology shifts remaining focused on offshore turbines, market analyst MAKE says in its latest research note. The note, titled ”Global Wind Turbine Trends 2015,” says that despite long product cycles, offshore wind defines the innovation horizon, as the most radical technological approaches continue to be applied to this segment. […]

  • Stonehenge to Set Up Wave Farm off WA

    19 June 2015

    Stonehenge Metals Limited has signed a Memorandum of Understanding with Yanchep Beach Joint Venture (YBJV)for collaboration on the development of a Protean Wave Energy Converter (WEC) wave farm off the coast of Western Australia. YBJV is part of one of the largest metropolitan urban development projects in Australia, SunCity, at Yanchep in Perth’s northern coastal transport corridor. […]

  • Eni Australia Plugs Galahad-1 Well

    27 May 2011
    Business & Finance

      Octanex N.L.  has been advised by Eni Australia Limited, the Operator of the Galahad-1 well located in the outer Exmouth Plateau permit, WA-363-P, that plug and abandonment operations have been completed and the drillship is scheduled to move off location today. Since the last progress report of 16 May 2011, when the well was […]

  • Golar enters preliminary deal to provide FLNG for BP’s West African project

    20 April 2018
    Project & Tenders

    The Bermuda-based LNG shipping giant Golar LNG said on Thursday that it has entered into a preliminary deal with units of BP in Mauritania and Senegal for the provision of a floating LNG producing unit. Golar said in a statement it exchanged heads of terms for a charter deal with BP Mauritania Investments and BP […]

  • Russia’s Novatek posts profit rise as Yamal LNG train 3 commissioning works continue

    24 October 2018

    Russia’s largest independent natural gas producer Novatek reported a rise in its profit for the third quarter of this year as it continues to perform commissioning works on the third train at its giant Yamal LNG facility in the Russian Arctic. Profit for the third quarter increased to 45.9 billion Russian rubles ($699.9m) from 37.7 billion Russian […]

  • Petronet buys stake in Prachi LNG carrier

    14 February 2017
    Vessels

    Petronet LNG, India’s largest importer of liquefied natural gas, has acquired a 26 percent stake in a consortium owning the 173,000-cbm LNG carrier Prachi, India LNG Transport.

  • Smit Heavy Lift Europe B.V. profits from OCTOPUS-Onboard

    8 December 2010

    After leasing Amarcon’s Portable Surveyor Box for several weeks, Smit Heavy Lift Europe B.V. decided to purchase OCTOPUS-Onboard for the installation on her Smit Taklift 4 vessel. Where the Portable Surveyor Box is used to monitor and advice in one-time-only projects, OCTOPUS-Onboard is a permanent centralized solution for wave and motion monitoring. In general it […]

  • Swedish Club Going Steady

    5 December 2014
    Business & Finance

    Gothenburg-based marine mutual insurer the Swedish Club has announced a 2.5 per cent general increase for 2015. The Club said that this action consolidates the work undertaken by the Club in 2014, with a positive underwriting result and the forecast of a bottom line surplus for the full year 2014. Speaking at the recent board […]

  • Daebo Seeks Bankruptcy Protection

    23 February 2015
    Business & Finance

    Korea’s dry bulk shipping company Daebo International Shipping Co. Ltd. filed an application for rehabilitation proceedings on 11 February 2015, marine insurer Skuld said citing an update provided by Messrs. Choi & Kim. Under the rehabilitation proceedings in Korea, similar to the Chapter 11 proceedings in the United States, a company is allowed to ultimately survive and continue operation, […]

  • Q4 restructuring pushed KBR’s net loss to USD 1.24 bln

    2 March 2015

    LNG engineer KBR posted a net loss of $1.24 billion in the fourth quarter of 2014, compared to a net loss of $56 million for the same period a year ago.

  • MAKE: Europe to Have 39.2GW Offshore Wind Capacity by 2025

    27 September 2016
    Authorities & Government, Business & Finance, Research & Development, Storage

    Europe’s commissioned offshore wind capacity will grow at an average rate of 3GW per year between 2017 and 2025 and represent a key driver of growth in Europe, according to MAKE. The offshore market accounted for 21%, or 3GW, of all new grid-connected capacity in Europe in 2015, more than double the amount connected in 2014. […]

  • Race Bank Farm-Down Lifts DONG’s 2016 Guidance

    21 December 2016
    Business & Finance

    Denmark’s DONG Energy has increased its group operating profit (EBITDA) guidance for 2016 to DKK 24-25 billion from a previous range of DKK 20-23 billion. The company’s Wind Power division is now expected to report EBITDA towards the high end of the DKK 10-12 billion range. DONG has also specified its gross investments towards the lower end […]

  • NPD Continues with Barents Sea Mapping

    18 September 2013

    So far, the Norwegian Petroleum Directorate (NPD) has acquired 8800 km of seismic in the new Norwegian sea area in the northeastern part of the Barents Sea. According to the plan, the acquisition activity will continue until mid-October. “The operation has been successful so far. Progress has been good, and we have acquired 69 per […]

  • Petroceltic Delivers Solid Operations for 1H 2013

    9 September 2013
    Business & Finance, Project & Tenders

    Petroceltic International plc, the independent oil and gas exploration development and production company focused on the Middle East North Africa (“MENA”), the Mediterranean and the Black Sea regions today announces its results for the six month period ended 30 June 2013. The Company Highlights include high impact drilling campaigns in Kurdistan and Romania which recently […]

  • Northern Petroleum’s BoD Member Resigns Position (UK)

    24 July 2013
    Business & Finance

    Northern Petroleum Plc announces that, effective yesterday, Chris Foss, Executive Director – Legal & Commercial, has left his position on the Board of Directors of the Company and other operating subsidiaries of the Group. Chris joined Northern in January 2003 and was promoted into the role of Finance Director in August 2005. During his almost eight years as […]