10000 results found for 'progress'

10000 results found for 'progress'
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  • SBM Offshore sells minority stake in FPSO Sepetiba following Petrobras award

    13 December 2019
    Infrastructure

    SBM Offshore has divested a minority interest in the FPSO Sepetiba project to two Japanese companies following confirmation of a 22.5-year lease and operation contract with Petrobras.

  • Verdant Power preps turbines for autumn setup

    20 July 2020
    Business Developments & Projects, Equipment, Research & Development, Technology

    Verdant Power has taken additional steps toward the installation and demonstration of an array of its three, fifth generation (Gen5) tidal power turbines on the company’s novel TriFrame mount at its Roosevelt Island Tidal Energy (RITE) Project site in New York City’s East River. Prior to the Covid-19 pandemic, the US-based company assembled turbines in […]

  • UK: DONG Can Go Below GBP 100/MWh by 2020

    1 March 2013
    Business & Finance, Technology

    DONG Energy says that it can meet the UK Government’s target of GBP 100/MWh for offshore wind energy by 2020, and it can even reduce costs to achieve GBP 87/MWh, The Telegraph writes. The company has forecasted this last year, after two reports were published by the Offshore Wind Cost Reduction Task Force, set up […]

  • UK: Tidal Transit Takes on First Apprentice

    9 November 2012

    With apprenticeships and careers in the UK’s rapidly expanding offshore wind industry currently high on the national training agenda, Tidal Transit has been able to take on its first young apprentice. Kerry Crompton, who is from Docking, joined the company three weeks ago to undertake an 18 month apprenticeship in Administration. Her training will be […]

  • East Anglia ONE Offshore Substation Now In Place

    31 August 2018
    Storage

    The heavy-lift vessel Oleg Strashnov has installed the offshore substation for the East Anglia ONE wind farm in the southern North Sea, some 59 km from the coast of Lowestoft.

  • East Anglia ONE Generates First Power

    12 September 2019

    The 714MW East Anglia ONE offshore wind farm, a joint venture between ScottishPower Renewables and Green Investment Group, has generated its first power offshore Suffolk, UK. The first of the 102 Siemens Gamesa 7MW turbines to begin generating power and delivering it to the onshore substation at Burstall, near Bramford, is known as WTG E19, […]

  • Spirit Energy hands in environmental statement for North Sea development

    26 November 2018
    Project & Tenders

    Spirit Energy has submitted its Environmental Statement for the Pegasus West development to the UK authorities. 

  • ConocoPhillips advances deepwater exploration exit with Senegal assets sale completion

    31 October 2016

    ConocoPhillips has completed a transaction for the sale of its shares in ConocoPhillips Senegal BV, which holds a 35 percent interest in three exploration blocks offshore Senegal, to Australia’s Woodside Petroleum. ConocoPhillips said on Friday that the total sales price of the transaction between its subsidiary and Woodside was around $440 million, including net customary […]

  • 10 OSV charters for Singapore’s Atlantic Navigation

    16 May 2016

    Singapore’s offshore vessel owner Atlantic Navigation has secured work for ten of its offshore supply vessels in the Middle East. The company on Friday said the combined value of the vessel charters was $236 million. The vessels will work for an undisclosed national oil company. According to Atlantic Navigation, the company will supply five Maintenance/Work/Utility vessels and […]

  • Offshore Wind Taking Momentum in China

    28 November 2013

    The just-concluded 18th Congress of the Chinese Communist Party explicitly called for the implementation of a strategy based on establishing a culture focused on conservation. The move restored confidence in the offshore wind power and the green energy industries, two sectors still in their primary stages, and, at the same time, vastly brightened the outlook […]

  • Wave Energy Experts to Wet Their Feet

    16 June 2015
    Business & Finance

    A team of European experts, led by WavEC- Offshore Renewables (Portugal), has been awarded €3.450 millions in the scope of the European Commission’s competitive Horizon 2020 programme, to develop a new project – WETFEET. Using as a starting point the identification of the major constraints that have been delaying wave energy’s progress, WETFEET analyses key pressing issues (technical, economic, […]

  • Senvion Revenues Up 6.6 Pct

    2 July 2015
    Business & Finance

    Senvion total revenues increased 6.6% to EUR 1,926 million in the FY2014/15 compared to the previous year. Total performance increased from EUR 1,845 million in FY2013/14 to EUR 1,999 million in FY2014/15, an 8.3% increase year on year. Adjusted EBITDA for FY2014/15 was EUR 155 million, an increase of 6.2% from the EUR 146 million adjusted EBITDA […]

  • Iceni Courage to Be Revamped

    21 January 2020

    Diverse Marine has signed a contract with Turner Iceni for the modification and upcycling of the Iceni Courage crew transfer vessel.

  • UK: Hull City Council to Discuss Wind Turbine Factory Plans

    9 May 2012
    Authorities & Government

    A GBP 200 million wind turbine factory plans are to be discussed by Hull City Council, This is Hull and East Riding news portal writes. If the plans are approved they could create about 800 jobs and lead to 10,000 in the renewables supply chain and support services. Last year in December, Associated British Ports […]

  • Senvion Cashes In On Offshore Wind

    15 November 2016
    Business & Finance, Operations & Maintenance

    German wind turbine manufacturer Senvion more than tripled its revenue from the sale of offshore wind turbines in the third quarter of 2016, which the company attributed to progress on the Nordsee One and the Nordergründe offshore wind projects. Offshore wind turbines brought Senvion EUR 88.3 million in revenue in the third quarter of 2016, a […]

  • Chevron revenues, earnings dive

    28 October 2016
    Business & Finance

    American multinational energy corporation Chevron on Friday posted a decline in its earnings as well as revenues for the 3Q 2016 period. Chevron’s earnings during the third quarter of 2016 were $1.28 billion compared to $2.04 billion in the prior-year quarter. The company’s revenues dropped to $30.1 billion from $34.3 billion in the same period […]

  • Gazprom Considers Possibility of Constructing Additional Strings of Nord Stream

    7 February 2014
    Business & Finance, Research & Development

    The Gazprom headquarters hosted a meeting between Alexey Miller, Chairman of the Company’s Management Committee and Matthias Warnig, Managing Director of Nord Stream AG. The parties addressed the possibility of building up capacities of the Nord Stream gas transmission system via the Baltic Sea by constructing one or two additional strings. Gazprom reviewed the results […]

  • Scour Prevention Systems to Participate at Subsea Expo 2014 in UK

    4 February 2014
    Business & Finance

    Lowestoft-based business Scour Prevention Systems Ltd (SPSL) will exhibit at Europe’s largest annual subsea exhibition, the Subsea Expo, on 5-7th February in Aberdeen, where they will present their innovative, field proven Scour Prevention Mats. SPSL have been nominated for the UKTI sponsored ‘New to Exporting’ Award, the winner of which will be announced at the […]

  • First Dudgeon OWF Monopile Installed

    5 April 2016
    Operations & Maintenance

    Statoil has started marine installations on the Dudgeon offshore wind park with the first monopile foundation installed offshore Norfolk, England.  The first monopile foundation was installed and fixed to the seabed by the crane vessel Oleg Strashnov on the Dudgeon bank, 32 kilometers from the coastal town of Cromer. In total, 67 turbines will be installed […]

  • Oil flows at Umm Lulu

    17 October 2014

    INPEX announced today that, through its wholly-owned subsidiary, Japan Oil Development Co., Ltd. (JODCO), it started oil production from the Umm Lulu Oil Field offshore Abu Dhabi, the United Arab Emirates, on October 2, 2014. The Umm Lulu Oil Field is located approximately 30 km northwest of Abu Dhabi City. INPEX has jointly developed the Umm […]

  • RDS and Brazilian Shipyard EEP to Work Together on Drillship Project

    14 May 2013

    RDS, the drilling facilities engineering division of KCA Deutag, has signed a contract with Estaleiro Enseada do Paraguacu (EEP Overseas Limited), a newly established Brazilian shipyard. RDS’ core business is to deliver a comprehensive drilling facilities engineering service at every stage of design, construction and modification. As such, it will assist EEP with the detailed […]

  • Euroseas Cancels First Ultramax Newbuilding

    4 August 2016
    Business & Finance

    Greek owner and operator of dry bulk and container ships Euroseas Ltd. has terminated the order for the first of its Ultramax vessels, Hull Number DY 160, under construction at Sinopacific Shipbuilding’s Dayang yard in China. The company said that the vessel was cancelled due to excessive construction delays. Euroseas has demanded the return of its progress payments and […]

  • EIB: Clean Oceans Initiative off to a Flying Start

    21 October 2019

    The initiative supports projects preventing plastic waste from entering the oceans.

  • PGS returns to quarterly profit

    19 July 2018
    Business & Finance

    Norwegian seismic services company Petroleum Geo-Services (PGS) returned to quarterly profit on the back of cost-reductions.  PGS on Thursday posted a profit of $10.4 million for the second quarter of 2018 compared to a loss of $32.2 million in the same period last year. The company’s revenues were flat with $239.7 million in 2Q 2018 and […]

  • ClassNK Helps Shipyards Comply with EEDI Requirements

    15 April 2014
    Business & Finance

    ClassNK has released the new PrimeShip-GREEN/MinPower software. PrimeShip-GREEN/MinPower was developed to help shipyards comply with the EEDI requirements of the Amendment to MARPOL Annex VI by calculating minimum propulsion power requirements in compliance with the IMO 2013 Interim Guidelines for Determining Minimum Propulsion Power to Maintain the Manoeuvrability of Ships in Adverse Conditions. To evaluate […]