10000 results found for 'progress'

10000 results found for 'progress'
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  • 12 April 2017
    Business & Finance, Equipment, Operations & Maintenance

    Ooredoo’s Southeast-Middle East-Western Europe 5 (SEA-ME-WE 5) submarine cable system will be activated this year. Installed at its base station in Qalhat in the Governorate of Ash Sharqiyah South, the 20,000 kilometre cable has been developed as a multi-regional data superhighway that should improve data transmission across affected regions and provide resiliency for internet traffic to […]

  • 6 April 2020
    Exploration & Production, Infrastructure

    Norwegian oil major Equinor has encountered oil in the Monument exploration well in the U.S. Gulf of Mexico.

  • 2 April 2020
    Operations & Maintenance

    Rotech Subsea has rounded off 2019 by completing a deburial scope in the North Sea. Rotech Subsea was contracted to carry out a subsea cable deburial at the Borkum wind farm using the Twin RS1 Low Draught (TRS1-LD) excavator. Following the installation of the new subsea cable, the excavation specialist trenched the product in-situ to […]

  • 8 February 2018
    Business & Finance, Equipment, Operations & Maintenance

    Subsea engineering analysis consultancy, AgileTek, has made two new appointments and a key promotion. Soo-hyeong Kim has joined the company as a graduate engineering analyst, alongside Andrew Olson, who has taken on the role of business development engineer. The company is also building on recent successes in the Asian market, after securing a major cable […]

  • 1 February 2018
    Equipment

    Minesto has taken delivery of the gravity base structure foundation for its first commercial-scale installation of Deep Green technology. “With the delivery of the gravity base structure, we are making significant progress towards the first installation in Holyhead Deep,” said David Collier, COO of Minesto. “Preparations for offshore testing is in it final stages and […]

  • 26 January 2018
    Business & Finance

    Ocean Energy Europe has appointed Donagh Cagney as its new policy director. Cagney will focus on promoting the right policy and finance framework to take ocean energy to industrial readiness, the company said. Cagney said: “Following in the path of wind and solar, Europe’s ocean energy sector has made real progress in recent years, and […]

  • 19 October 2018
    Business & Finance, Equipment, Project & Tenders

    Dril-Quip subsidiary in Aberdeen, Scotland, has entered into a front end engineering and design (FEED) contract and frame agreement with Premier Oil to provide the subsea production systems for the Sea Lion Phase 1 development located offshore the Falkland Islands.  The frame agreement replaces the previously announced letter of intent. The current estimated value of […]

  • 11 January 2016
    Business & Finance, Equipment, Operations & Maintenance

    Seaborn Networks has completed its US$500 million project funding for Seabras-1, a new transoceanic subsea fiber optic cable system directly connecting points of presence (POPs) in New York City (US) and São Paulo (Brazil). According to the company, all conditions to this project financing have been fully satisfied. Full project equity capital was provided by Partners […]

  • 30 May 2016
    Business & Finance

    Menter Môn, the third-party manager for Morlais tidal energy project, has awarded the Environmental Impact Assessment (EIA) contract to Royal HaskoningDHV and MarineSpace Limited. Under the contract, the consultancies will be tasked with bringing the Morlais tidal energy project towards consent. Dafydd Gruffydd, from Menter Môn, said, “We are very excited to be beginning this next phase […]

  • 10 December 2015
    Business & Finance, Equipment, Operations & Maintenance

    FMC Technologies has delivered eighth subsea tree for the Tullow Oil-led TEN Project offshore Ghana. FMC Technologies is assembling and testing all subsea trees for the TEN Project at its recently expanded facility in Takoradi. A total of 22 subsea trees will be installed as part of the TEN Project – one for each well. Mario […]

  • 18 September 2014
    Business & Finance

    Global Ship Lease, Inc. has agreed to buy an 8,063 TEU container ship from an unnamed container liner company for a purchase price of USD 55 million. The 2005-built vessel is expected to be delivered in the fourth quarter of 2014, and immediately time chartered back to the same container liner company for a period of 36 […]

  • 12 January 2015
    Business & Finance

    The business environment for the shipping industry is becoming increasingly uncertain, Yasumi Kudo, President of Japanese shipping company NYK Line said in his New Year’s Message. According to Kudo, the uncertainty is fueled by geopolitical risk in the Middle East and Ukraine, the risk of changing climate patterns causing major natural disasters, and instability in exchange rates […]

  • 4 December 2012

    For proposed 11 new Offshore Patrol Cutters (OPC), the US Coast Guard has asked designers to provide them with a 3D product model that is compatible with ShipConstructor. The OPC RFP document J-4 Statement of Work for Detail Design, paragraph 085.5.2 says that, “The 3D Product Model shall be provided in either ShipConstructor or an […]

  • 7 February 2013

    In the afternoon of January 31st, Mr. Dingnong, the Vice President of China Shipping and Chairman of Afai Southern visited Afai Southern Shipyard. Mr. Wu Mingyi, the General Manager of Afai Southern made a special report regarding the corporate development, exploitation of the market, R&D of the product, thought for management and the difficulty faced. […]

  • 28 April 2017

    The Joint Ministerial Monitoring Committee (JMMC) reported on Friday that OPEC and non-OPEC countries have continued their high level of conformity with their voluntary adjustments in production. JMMC’s statement was based on the report of the Joint OPEC-Non-OPEC Technical Committee (JTC) for the month of March. The Committee expressed its satisfaction with the progress made […]

  • 19 April 2013
    Business & Finance

    Mark Brownrigg, Director-General of the UK Chamber of Shipping yesterday issued a statement on the announcement that the European Parliament has rejected proposals for a levy on ship recycling: “The UK Chamber of Shipping looks forward to significant improvements of social and environmental standards in ship recycling facilities around the world after the European Parliament […]

  • 26 July 2018
    Business & Finance

    Concordia Maritime strengthened its position in the crude oil tanker segment with two charter deals.

  • 25 May 2018
    Business & Finance

    Concordia Maritime bolsters presence in the Suezmax sector with joint charters.

  • 22 May 2018

    The IMO MSC has approved a joint Danish-Swedish proposal for new ship routes in Kattegat and Skagerrak.

  • 25 August 2014

    The disabled mixed-products tanker Pine Galaxy is expected to arrive in San Francisco later this week, according to the US Coast Guard. The Bahamian-registered ship, which is being towed by a commercial tug, reportedly encountered heavy weather that slowed its progress. Pine Galaxy experienced an engine room fire on Aug. 13 that resulted in the […]

  • 24 October 2013
    Business & Finance

    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). The Naming Ceremony was held as part of a customer event at the port of Pecém. The Sponsor of the ship is Consuelo Dias Branco, […]

  • 14 January 2014

    The future USNS Millinocket (JHSV 3) completed acceptance trials, Jan. 10, concluding a week of thorough in-port and at-sea testing for the ship. The trials, which were conducted at the Austal USA shipyard in Mobile, Ala., included demonstrations on all of the ships systems to ensure that JHSV 3 is ready for delivery and fulfills […]

  • 8 July 2013
    Business & Finance

    Minister for Defence Materiel Dr Mike Kelly AM MP announced, on July 2, that the final keel block for the future destroyer, Hobart, has been successfully lifted into place by the AWD Alliance in Adelaide. The AWD Alliance is made up of the Defence Materiel Organisation (DMO) representing the Australian Government, ASC as the lead […]

  • 1 July 2014
    Business & Finance, Equipment, Operations & Maintenance

    Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division, EMAS AMC, has achieved the significant milestone of installing 50 platforms for Chevron in the Gulf of Thailand. Under a multi-year contract that commenced in 2011, EMAS AMC has […]

  • 17 October 2012
    Business & Finance

    RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the “Edvard Grieg” development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent […]