10000 results found for 'progress'

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  • Singapore’s first LNG bunkering vessel launched

    1 June 2020
    Infrastructure, Vessels

    China’s Keppel Nantong Shipyard has launched a liquefied natural gas bunkering vessel for Singapore’s FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum. The ship claimed to be Singapore’s first LNG bunkering vessel was moved from land to water on 28 May. According to FueLNG, the construction of the 7,500-cbm LNG […]

  • Eni Completes Fifth Well in Zohr Campaign

    1 September 2016
    Business & Finance, Operations & Maintenance

    Eni has informed that Zohr 5x, the fifth well on Zohr structure, has been drilled to the final TD of 4,350 meters. The Zohr 5x well is located in 1,538 meters of water depth and 12 kilometersm south west from the discovery well Zohr 1x. The well proved the presence of a carbonatic reservoir and […]

  • Aleron Scoops Up Contracts in North Africa

    8 March 2017
    Project & Tenders

    Aleron has recently secured two contract wins in the North Africa region through its group companies, Aleron Subsea and ROVQUIP. Under the contracts, the company supplied Aleron Subsea Triton XL ROV together with ROVQUIP’s new decommissioning multi-mode cutting tool to Oceana Subsea. The ROV system is used by Oceana on a subsea intervention project and will remain available […]

  • Representatives Introduce Flood Protection Act

    25 May 2017
    Business & Finance

    Representatives Carlos Curbelo and Seth Moulton yesterday introduced the bipartisan Flood Protection Act, legislation that would establish a cost-share program for infrastructure projects that divert, remove or store flood waters. It would also authorize funding to assist communities with enhancement of natural barriers, modernization and maintenance of current infrastructure, such as levees, elevated roads and […]

  • Gulf Restoration Groups Fight Against Budget Cuts

    16 June 2017
    Business & Finance

    U.S. EPA Administrator Scott Pruitt yesterday appeared before the House Interior and Environment Appropriations Subcommittee, facing questions on the proposed EPA budget, which will cut the agency’s spending by roughly 30 percent. According to national and local organizations working on Gulf of Mexico and Mississippi River Delta restoration – Environmental Defense Fund, the National Wildlife […]

  • Highlights of the Week

    21 October 2018
    Business & Finance, Project & Tenders

    Dredging Today brings you an overview of the most popular stories from the past week (October 15-21, 2018).   Van den Herik Wins Dredging Contract in Poland The local authority of the Polish maritime administration in Szczecin has selected Dutch dredging company Van den Herik to design and execute the deepening and widening of the […]

  • Osiris Projects Recognized at ECHO Regional Business Awards

    4 July 2014
    Business & Finance

    Seabed mapping specialists Osiris Hydrographic & Geophysical Projects were successful at the ECHO Regional Business Awards winning the MSIF Business of the Year award. Osiris Projects, owned by the locally headquartered Bibby Line Group, were in attendance at the ceremony, held at St George’s Hall, Liverpool on the 3rd July and hosted by former BBC […]

  • Rossall Sea Defences Pass Halfway Mark

    16 March 2016
    Business & Finance

    Construction of new sea defenses at Rossall has reached a major milestone as installation of the stepped revetment begins and the project passes the halfway mark. Two kilometers of defenses from Rossall Hospital to Rossall Point are being replaced in a £63 million coastal defense scheme that will protect 7,500 properties from the risk of […]

  • USA: Sempra Posts 2Q Results

    2 August 2012

    Sempra Energy today reported second-quarter 2012 earnings of $62 million, compared with earnings of $503 million, in the second quarter 2011. Second-quarter 2012 earnings included a $179 million non-cash charge related to a write-down on the company’s investment in the Rockies Express Pipeline. Last year’s second-quarter earnings included a gain of $277 million, reflecting the […]

  • Carnarvon Flood Protection Nears Completion (Australia)

    2 October 2013

    Flood protection of Carnarvon’s valuable horticultural industry is on track with the bulk of earthworks for the first two major levees nearing completion. Water Minister Terry Redman said the $60million Stage 2 Carnarvon flood mitigation project had progressed well since work began last November and was due to be finished by mid-2014. The Carnarvon horticultural […]

  • Kosmos Energy: 4Q 2014 income at $129 million

    23 February 2015

    Kosmos Energy has reported its fourth quarter net income for 2014 of around $129 million up from $4 million achieved in the same period a year ago. “2014 was a strong year for Kosmos,” said Andrew G. Inglis, chairman and chief executive officer. “We successfully delivered our operations plan in Ghana, maintaining gross production above 100,000 […]

  • Two workers injured on Statoil’s Mariner project in Korea

    21 April 2016

    Two workers were injured while working on the Mariner project in South Korea for the Norwegian oil company Statoil. This means that Statoil has had three accidents at work at three different shipyards in Korea.  Statoil’s spokesperson told Offshore Energy Today that one incident happened last fall at the Samsung Heavy Industries’ shipyard when the worker […]

  • Two Companies Merge into Nordic Offshore Marine (Denmark)

    21 August 2012
    Business & Finance

    The companies Nordic Offshore and Offshore Marine Services have yesterday, August 20, merged into one company resulting in Nordic Offshore Marine. Nordic Offshore has been specializing in providing qualified and experienced personnel for both permanent and temporary positions for many years, and is a leading force in providing skilled manpower for the offshore industry. Nordic […]

  • U.S. Navy and General Dynamics Unveil Model of SMCM UUV

    17 April 2012
    Business & Finance, Equipment

    Representatives from the U. S. Navy’s Program Executive Office, Littoral Combat Ships Unmanned Maritime Systems Program Office and General Dynamics unveiled a quarter-scale model of the Surface Mine Countermeasure Unmanned Undersea Vehicle (SMCM UUV), known as “Knifefish,” at the Navy League’s Sea-Air-Space Exposition being held at the Gaylord National Resort. Knifefish is a heavyweight-class, minehunting, […]

  • Contractor for Mozambique LNG onshore park chosen

    18 May 2015
    Project & Tenders

    Anadarko Petroleum Corporation informed it has selected a consortium consisting of CB&I, Chiyoda Corporation and Saipem (CCS JV) for the initial development of the onshore LNG park in Mozambique.

  • COSCO Shipping Lines Falls Victim to Cyber Attack

    25 July 2018
    Business & Finance

    COSCO Shipping Lines confirmed that it has been hit by a cyber attack.

  • Port of Los Angeles Gets Busy in January

    12 February 2016

    Californian port of Los Angeles has seen its busiest January in its 109-year history as the port handled 704,398 TEUs, an increase of 33 percent compared to January 2015. “Record January volumes is a very encouraging way to start 2016, particularly after the slow start that West Coast ports experienced last year,” Port of Los Angeles Executive […]

  • China’s Silk Road Fund Launched

    17 February 2015

    The USD 40 billion Silk Road Fund, proposed by the Chinese President Xi Jinping in December 2014, has been officially launched, the People’s Bank of China said on Monday. The government-controlled fund is intended to revive maritime and land trade links between Asian countries by financing construction of infrastructural solutions and industrial and financial cooperation […]

  • China’s Bestway Engineering, Rolls-Royce Present New Energy Efficient Ship Designs

    1 December 2011

    Rolls-Royce, the global power systems company and China’s Bestway Engineering, have today unveiled a range of energy efficient ship designs which have been produced to meet the future requirements of the global merchant shipping industry. The new highly efficient ship designs have been produced using the combined expertise of both companies and will feature advanced […]

  • USA: General Atomics Delivers First Hardware Components for Newest Aircraft Carrier

    20 May 2011
    Business & Finance

      General Atomics celebrated a milestone on May 9, with the delivery of the first set of Electromagnetic Aircraft Launch System, or EMALS, production components to Naval Air Systems Command for installation in the new aircraft carrier CVN 78. The shipset consists of thousands of hardware items related to its launch and recovery systems.“This first […]

  • Euronav, Bretta Pull the Plug on Suezmax JV

    20 May 2016
    Business & Finance

    Belgium’s tanker owner and operator Euronav NV has agreed with Bretta Tanker Holdings Inc. (Bretta) to terminate their Suezmax joint venture. The joint venture covers four Suezmax vessels: the Captain Michael (2012 – 157,648 dwt), the Maria (2011 – 157,523 dwt), the Eugenie (2010 – 157,672 dwt) and the Devon (2011 – 157,642 dwt). As stipulated […]

  • Coastal Sells Vessels for $54 mln

    28 March 2014
    Business & Finance

    Coastal Group today announced that its wholly-owned subsidiaries, Coastal Offshore, Thaumas Marine and Pleasant Engineering have collectively secured contracts for the sales of three offshore support vessels (OSVs) and two low-end vessels for an aggregate value of approx $54 million. Apart from the two OSVs which were sold to a repeat customer, the third OSV […]

  • NOVATEK Secures Loan for Yamal LNG Project

    12 April 2016
    Business & Finance

    Russian natural gas producer OAO NOVATEK has entered into an agreement with the country’s banks Sberbank and Gazprombank for a loan which is part of the financing package for the company’s liquefied natural gas project Yamal LNG, located in northern Russia. The deal was signed for a 15-year credit line facility for the total amount of EUR […]

  • Rolls-Royce to Ax 600 Marine Jobs

    18 May 2015
    Business & Finance

    Rolls-Royce Holdings announced plans today to cut 600 jobs by the end of this year at its Marine business within efforts to accelerate cost reduction programs in response to challenging market conditions. Around 300 jobs will be slashed in Norway where the majority of employees and manufacturing facilities are located, whereas the remaining job cuts will take place […]

  • Texas LNG concludes preliminary LNG supply deal with EQT

    12 January 2024
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Glenfarne Energy Transition’s subsidiary Texas LNG Brownsville has signed a heads of agreement (HOA) with Pittsburgh-based EQT Corporation for natural gas liquefaction services, anticipating the finalization of a definitive 15-year LNG tolling agreement for 0.5 mtpa of LNG from the first train of Texas LNG terminal. Brendan Duval, Glenfarne CEO and Founder, said the company […]