10000 results found for 'progress'

10000 results found for 'progress'
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  • AMEC Wins FEED Contract for Cygnus Field (UK)

    3 October 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      AMEC, the international engineering and project management company, has been awarded a Front End Engineering Design (FEED) contract for GDF SUEZ E&P UK Ltd’s Cygnus gas field development, one of the most significant undeveloped gas fields in the North Sea. The contract includes work on the ‘option to proceed’ into the detailed design and […]

  • Bahamas Petroleum Releases Interim Results

    30 September 2011
    Business & Finance, Operations & Maintenance, Research & Development

      Bahamas Petroleum, the AIM quoted oil and gas exploration company with licences in The Commonwealth of The Bahamas, announces its interim results for the six months ended 30 June 2011. Highlights: · a period of significant progress for the business; · successfully raised £45.6m through an equity placing; · completed acquisition of 2D seismic […]

  • Dutch IHC Merwede Lays Keel for Pipelaying Vessel for Subsea 7

    16 October 2012
    Business & Finance

    On Wednesday 22 August 2012 the keel-laying ceremony for the 550t pipelaying vessel for Subsea 7 took place at IHC Merwede’s yard in Krimpen aan den IJssel (The Netherlands). The keel laying was performed by Mr Rien Smallegange, Subsea 7’s Deputy Project Manager. IHC Merwede’s contract with Subsea 7 is for the design, engineering and […]

  • UK: North Devon MP Opens Refurbished J+S Offices

    2 May 2013
    Business & Finance

    North Devon MP Sir Nick Harvey visited Barnstaple based engineering firm J+S Ltd on April 26th and cut the ribbon to open their newly refurbished offices and reception area. The reception area has been expanded significantly in order that the company can permanently exhibit their increasing product range in support of their Naval, Oil & […]

  • MMF Steering Group Announces MMF50 (UK)

    7 March 2012
    Business & Finance

    The next Marine Measurement Forum (MMF) will be number 50 in the series. To celebrate this milestone, the MMF Steering Group has announced that MMF50 will take place on Tuesday 12th June 2012 in the prestigious Princess Royal Gallery at the National Museum of the Royal Navy in the Historic Dockyard at Portsmouth. As its […]

  • UK: Total Stops Elgin Gas Leak

    16 May 2012
    Business & Finance, Operations & Maintenance

    Total is today able to announce that a well intervention operation has stopped the G4 well leak on the Elgin complex, 240km from Aberdeen in the UK North Sea. The well intervention operation, which involved pumping heavy mud into the leaking well, began on May 15th and the leak was stopped 12 hours later. The […]

  • GALLERY: DEME launches offshore installation vessel at Cosco shipyard

    21 November 2018

    Marine engineering group DEME has launched its new offshore installation vessel at the Cosco Qidong shipyard in China.

  • Oceaneering’s manufacturing facility back online after Hurricane Michael

    9 November 2018
    Equipment

    Subsea oil and gas equipment manufacturer and provider Oceaneering has resumed operations at its Panama City, FL, manufacturing facility which was damaged by Hurricane Michael in mid-October.

  • India: L&T’s Kattupalli Shipyard on Track for Its First Delivery

    10 August 2012

    The Kattupalli Shipyard, Larsen & Toubro’s (L&T) audacious expansion project, will be launching its first new-build ship by the beginning of the next financial year. The ship forms part of an Rs 483 crore worth order placed in May by Qatar-based company for the design, construction and commissioning of two platform supply vessels and two […]

  • Barcelona among Top Three Most Productive European Ports

    24 November 2014
    Business & Finance

    The Port of Barcelona received the third most productive port in Europe award for the first half of 2014, marking the first time that a port from Southern Europe has been ranked among the top three European ports for productivity, behind Bremerhaven and Rotterdam. The award, received by Santiago García-Milà, Deputy General Manager of Strategy and […]

  • Construction of Maasvlakte 2 Terminals on Schedule

    22 November 2012
    Business & Finance

    The construction of Maasvlakte 2 is still on schedule and the first phase is close to completion. After the ‘back door’ was closed on 11 July 2012, contractor PUMA (Boskalis and Van Oord) will open the ‘front door’ next weekend. That is when the Yangtzehaven cut-through will start. The temporary inland lake that was created […]

  • UK: MOD, BAE Systems Present Latest Design of Royal Navy’s Future Warships

    21 August 2012

    The latest design of the Royal Navy’s Type 26 Global Combat Ship (T26 GCS), the next generation of warships, has been unveiled. The Ministry of Defence has released images showing the basic specification of the T26 GCS, which is a significant milestone in the development of this programme. The creation of the vessel will sustain […]

  • Russia: Sakhalin Energy Appoints New CEO

    21 February 2013

    Sakhalin Energy announced that as of 21 February 2013 Andrei Galaev resigns his post as Chief Executive Officer of Sakhalin Energy due to a transfer to another job. Andrei Galaev has been working for Sakhalin Energy for over five years, including three years as Chief Executive Officer. Olivier Lazare, Chairman of Sakhalin Energy Board of […]

  • BG of UK Sells Comgas Stake

    29 May 2012

    BG Group of UK today announced it had signed a definitive binding agreement with Cosan S.A. Indústria e Comércio for the sale of the Group’s entire 60.1% holding in Comgás for Brazilian reais 3.4 billion in cash, or approximately $1.7 billion. In addition, the transaction will reduce debt on the BG Group balance sheet by […]

  • USA: Sempra Q1 Earnings Down

    3 May 2012

    Sempra Energy today reported first-quarter 2012 earnings of $236 million, compared with $254 million in the first quarter 2011. “Our solid first-quarter results put us on track to meet our 2012 earnings-per-share guidance range of $4 to $4.30,” said Debra L. Reed, chief executive officer of Sempra Energy.  “We also made significant progress in developing […]

  • USS Fort Worth Gets New Paint Scheme

    1 July 2013

    The camouflage painting of USS Fort Worth (LCS 3) was completed at Naval Base San Diego graving dock June 28. Workers applied a paint scheme that differs from that used on Fort Worth’s sister ship USS Freedom (LCS 1). Freedom was painted earlier this year using a pattern based on a World War II-era design […]

  • ICS Points to Flag State Underperformers

    12 February 2015
    Business & Finance

    The International Chamber of Shipping (ICS) has published its annual Shipping Industry Flag State Performance Table, warning that there are a number of  smaller flag states that still have considerable work to do, and shipowners may wish to think very carefully about using such flags.  The largest of these is Tanzania, but Mongolia, Moldova, Cambodia and […]

  • APLNG Begins Drawing from USD 8.5 Billion Funding Facility (Australia)

    19 November 2012

    Australia Pacific LNG confirmed that all conditions precedent have been satisfied for its US$8.5 billion project finance facility, which will support the development of the Australia Pacific LNG coal seam gas (CSG) to liquefied natural gas (LNG) project in Queensland. Project finance facility will specifically provide funding for the downstream parts of the project, including […]

  • Iran-Pakistan Gas Pipeline Project to Boost Local Economy

    8 February 2011

      Economic relations between Iran, Pakistan and India are improving by Iran-Pakistan gas pipeline, Iran’s ambassador to India, Seyed Mahdi Nabizadeh announced here on Wednesday. He said that the project should not be just looked at purely from economic perspective, but as one which will have a positive impact in the region. By stating that […]

  • July Best Month Ever for ICT

    15 August 2014
    Business & Finance

    Figures published recently show that Associated British Ports’ (ABP) Immingham Container Terminal (ICT) has enjoyed its most successful month ever. More than 10,000 units were handled at the facility in July, with numbers increasing steadily since the beginning of the year. July also saw more than 27,000 terminal movements which is also a record for […]

  • Becker’s LNG Hybrid Barge Expected in Hamburg This Weekend

    1 October 2014
    Business & Finance

    Becker Marine Systems is expecting the first LNG Hybrid Barge to arrive at the Port  of Hamburg this weekend. “If all goes well and the weather remains stable, the LNG Hybrid Barge should be arriving at its future home port of Hamburg on 4th or 5th October,” said Dirk Lehmann, Managing Director of Becker Marine […]

  • Fuel Oil Spills from Bulker in New Orleans

    5 September 2017

    Maltese-flagged bulk carrier M/V Vitahorizon has been involved in a fuel oil spill during bunkering operations while anchored at New Orleans area, Louisiana. Namely, on September 4, the Plaquemines Parish 911 Center received a report of a discharge of high sulfur fuel oil into the Mississippi River IVO lower 12 Mile Point Anchorage, Mississippi, New Orleans area, […]

  • Clarksons Sees Profit Hike

    17 August 2015
    Business & Finance

    Clarkson PLC (Clarksons), a London-based provider of integrated shipping services, has recorded a robust overall performance in the first half of 2015 despite continued challenging market conditions in some of the markets it operates in.  Strong performance was reported from broking division in tankers, specialised products and gas markets, the group said in its unaudited results. […]

  • Legacy Ship Portfolio Still a Heavy Burden for HSH Nordbank

    28 August 2015
    Business & Finance

    German lender HSH Nordbank is in talks with its government owners and the European Commission over long-running dispute on state guarantees within the framework of the bank’s efforts to alleviate the pains caused by its USD 11 billion legacy ship portfolio. Namely, despite progress in operating profit that amounted to EUR 222 million (USD 250 million) […]

  • Sinopacific Confirms Huge CROWN63 Order

    19 December 2013

    Sinopacific Shipbuilding Group has concluded the agreement for the construction of 6+2 ‘CROWN63’ bulkers. This is the largest single order for the company in 2013. This is the first new building order since 2008 inked by the Greek ship-owner TIMES Navigation, which has been a prudent player in the shipping market. The vessels will be built […]