10000 results found for 'progress'

10000 results found for 'progress'
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  • Petrofac Sells Greater Stella Area Interest to Ithaca

    24 August 2018
    Operations & Maintenance, Project & Tenders

    Petrofac has signed an agreement to sell Petrofac GSA Holdings Limited to Ithaca for a total consideration of up to USD 292 million. Petrofac GSA Holdings Limited owns Petrofac’s 20% interest in the Greater Stella Area development and its 24.8% interest in the FPF1 floating production facility. Petrofac GSA Holdings Limited also owns Petrofac’s long-term […]

  • Bureau Veritas Wins Fenja Inspection Work

    17 January 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Bureau Veritas has been awarded a four-year contract with Neptune Energy to provide second and third-party inspection services for the new Fenja oil and gas field development, offshore Norway. The Fenja Field, which is estimated to hold 100 million barrels of oil, lies in the Norwegian Sea. Formerly known as the Pil and Bue discoveries, […]

  • Remaking of Maersk Will Take 3-5 Years

    23 February 2018
    Business & Finance

    The transformation of Maersk from a conglomerate to an integrated global container logistics company to take 3-5 years.

  • Coastal Environments, Wessex Archaeology Launch CEWA

    11 April 2019
    Operations & Maintenance, Research & Development, Technology

    The new venture will create a business specifically to deliver expert advice and cultural heritage permitting services to the growing US offshore renewables market.

  • UK Offshore Wind Could Rival Gas Plants in Terms of Costs

    3 December 2015
    Business & Finance, Research & Development, Technology

    Offshore wind costs could fall to a point where it is cost competitive with new build gas plants in the UK provided they face the full cost of their carbon emissions, the Committee on Climate Change (CCC) said in its 2015 Progress Report to Parliament. Ongoing innovation in offshore wind relies upon a visible future market […]

  • Scotland takes pride in tidal energy milestone

    22 August 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The representative body of the Scottish renewable energy industry – Scottish Renewables – has welcomed the tidal energy generation milestone achieved by Scotrenewables Tidal Power, stating it paves the way for marine energy to become a mainstream part of Scotland’s energy mix.

  • ODOE opens $2M renewable energy call. Tidal and wave can apply

    11 January 2017
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Oregon has called its renewable energy developers to apply for a share of $2 million in available grants for renewable energy projects, including tidal, wave and OTEC.

  • AW-Energy eyes Mexico

    1 December 2015
    Business & Finance, Research & Development, Technology

    AW-Energy has announced plans to develop a 10 MW wave energy farm in the Pacific Ocean, off Mexico. Finnish wave energy developer AW-Energy has signed a memorandum of understanding with ENAL, a Mexican renewable energy developer, to develop, design and build 10 MW WaveRoller wave farm off Mexico. The wave farm is expected to bring […]

  • Ghana connects wave energy plant to its grid

    8 May 2015
    Authorities & Government, Operations & Maintenance, Research & Development, Technology

    The installation of six wave energy devices is currently taking place at the Ada Estuary, Ghana, as part of collaborative wave energy project between TC’s Energy and Seabased. The first phase of the Ghanaian wave energy project which includes the installation of 6 wave energy devices is expected to deliver 14.000 kW/h electricity per day. The source […]

  • TAP: Italy, Greece, Albania Sign MoU

    28 September 2012

    The governments of Italy, Greece and Albania confirmed their political support for the Trans Adriatic Pipeline (TAP) project with the signing of a Memorandum of Understanding. Concluded on the margins of the United Nations General Assembly meeting in New York, and in the presence of representatives from the US government, the MoU provides TAP with […]

  • Höegh LNG falls to second quarter loss

    22 August 2019

    Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG has slipped to a loss for the second quarter of 2019 due to seasonal variations and dry-docking costs.

  • Infrastrata secures funds for Harland & Wolff buy

    12 November 2019

    InfraStrata, the UK company focused on infrastructure projects, has garnered £6 million ($7.7 million) through the sale of close to 2 billion shares through an accelerated bookbuild. 

  • Anadarko sanctions Mozambique LNG construction

    19 June 2019

    U.S. independent Anadarko and its co-venturers in Mozambique’s Offshore Area 1 have reached the final investment decision (FID) on Area 1 Mozambique LNG project.

  • Petrofac 1H Revenues Up 25.2 Percent (UK)

    22 August 2011

    Petrofac today announced results for the first six months ended 30 June 2011. FINANCIAL HIGHLIGHTS Revenue up 25.2% to US$2,711.1 million (2010 restated: US$2,165.8 million) Net profit up 6.6% to US$246.3 million (2010 restated: US$231.0 million) Earnings per share (diluted) up 6.7% to 71.84 cents (2010 restated): 67.31 cents) Interim dividend up 26.1% to 17.40 […]

  • Statoil ditches plans for business centre in Europe

    11 March 2016

    Norwegian energy giant Statoil said it has decided not to proceed with the evaluations of a potential business centre in Europe.  The decision was presented at a meeting with employee representatives on Friday ,11 March. According to a statement by Statoil, at the meeting it was agreed that “further efficiency improvements and cost reductions were […]

  • Top news of the week August 1-7, 2016

    7 August 2016

    Sabine Pass Train 2 produces first LNG, Genscape says The second train at Cheniere’s Sabine pass liquefaction and export plant in Louisiana has started producing liquefied natural gas, according to analytics firm Genscape, that has infrared cameras pointed at the facility. Chevron’s Wheatstone LNG project moving forward, first cargo expected in mid-2017 (Video) Construction work […]

  • Gazprom’s natural gas exports to Europe rising

    30 November 2018

    Gazprom’s head Alexey Miller discussed the cooperation in the energy sector, natural gas supply and well as natural gas transmission projects with Markus Ederer, the EU Ambassador to Russia.

  • Oil Search 2018 profit jumps despite earthquake effects

    19 February 2019

    The Papua New Guinea-focused oil and gas producer, Oil Search reported an increase in its full-year 2018 net profit despite its operations being affected by the February earthquake in PNG highlands. 

  • Gazprom looking to strengthen gas cooperation with China

    26 September 2017

    Gazprom’s head Alexey Miller held talks with China’s vice president Zhang Gaoli and Wang Dongjin, vice president of CNPC and president of PetroChina, discussing supply or Russian gas to China. 

  • Finnish government to reform natural gas regulations

    15 May 2017

    Gasum of Finland said the country’s government released its proposal for the new Natural Gas Market act to open up the natural gas wholesale and retail markets for competition in 2020.

  • Alaska LNG project files export application with DoE

    22 July 2014

    In another important step forward for the Alaska LNG project, an application to export liquefied natural gas (LNG) was submitted to the U.S. Department of Energy. The export application requests authorization to export up to 20 million metric tons per year of LNG for a period of 30 years to countries that have existing free […]

  • Helix pushes on with North Sea Link campaign

    29 July 2020
    Infrastructure, Operations & Maintenance, Project & Tenders, Technology

    Helix Energy Solutions multi-role construction support vessel (MSV) Grand Canyon III is progressing on the North Sea Link project scope of work. The North Sea Link, a joint venture project between National Grid and Norwegian system operator Statnett, is a subsea electricity cable that will connect the UK and Norwegian grids. Since the start of […]

  • Thailand: Aibel Delivers Guara FPSO Modules to Modec/Toyo

    2 November 2011
    Business & Finance, Equipment

    Aibel, a leading service company that provides engineering, construction, upgrading and maintenance solutions to the the oil, gas sector announced the successful completion of the Guara modules project. The modules departed from Laem Chabang to Brazil on Friday. Managing Director Jim Ryan at Aibel Thailand says everything has gone according to schedule in the project: “It […]

  • Seaspan pockets $750 million from “blue transition” bonds

    15 July 2021
    Business & Finance, Business Developments & Projects

    Seaspan Corporation, a subsidiary of Atlas Corp., has raised $750 million in senior unsecured notes in the U.S., to help fund projects that “would reduce the environmental impact of its fleet.”

  • REA Welcomes Creation of 27 New Marine Conservation Zones

    25 November 2013
    Business & Finance, Research & Development

    The REA welcomes Defra’s announcement last Thursday of the creation of 27 new Marine Conservation Zones (MCZs). Developers now await the detailed rules for each MCZ, as well as decisions on approximately 100 remaining sites over the next two designation phases in 2015 and 2016. These phases may also consider new site proposals. REA Head […]