10000 results found for 'progress'

10000 results found for 'progress'
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  • UK: AMEC Wins FEED Contract for Cygnus Development

    3 October 2011
    Business & Finance

    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 procurement […]

  • 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 […]

  • Grounded Roger Blough Prepares for Lightering

    2 June 2016

    After being stuck on Gros Cap Reef in Lake Superior for almost a week, the bulk carrier Roger Blough is now scheduled to undergo lightering operations on June 3, according to US Coast Guard. Plans continue to progress to free the 1972-built bulker, which ran aground on Friday evening, as the USCG set a date for the lightering […]

  • Australia: Eni Waiting on Weather Before Making Decision on Gawain-1 Well

    29 March 2011
    Business & Finance, Project & Tenders

    Octanex N.L| has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that at 06:00 hours WST (Western Standard Time) on Monday, 28 March 2011, the well was at a depth of 3,653m MDRT (measured depth below rotary table) and waiting on weather. Since […]

  • Wood Group Wins Eni Australia Contract

    26 November 2010
    Business & Finance

    Wood Group, the international energy services company, among others, has been selected by Eni to provide long term engineering services to support Eni’s Australian assets, including Blacktip, Woollybutt and the upcoming Kitan development. Work will be performed at Wood Group’s Perth and Darwin offices. The contract award builds on Wood Group’s existing comprehensive maintenance services […]

  • UK: Xcite Energy Charters Shuttle Tanker for Bentley Oil

    8 May 2012
    Business & Finance

    Xcite Energy announces that drilling of the 9/3b-7 well on the Bentley field is progressing satisfactorily, having reached a total depth of 6684ft.  The 17½” section has been drilled, 13⅜”casing set, cemented and pressure tested. The 12¼” hole has been drilled. After the 10¾” x 9⅝” liner has been set, cemented and pressure tested, drilling […]

  • Eni CEO, Venezuela President Discuss Perla Development

    18 June 2013

    The President of Venezuela, Nicolas Maduro, the Minister of Petroleum of Venezuela, Rafael Ramirez, and the CEO of Eni, Paolo Scaroni, met today in Rome to discuss the activities and joint projects in Venezuela. During the meeting, which was, according to Eni, held in an atmosphere of cordiality, they discussed the progress of the Perla […]

  • 400 Meter Oil Column at Carcará Prospect (Brazil)

    14 August 2012
    Business & Finance

    Petrobras announces the new data obtained with the further drilling of well 4-SPS-86B (4-BRSA-971-SPS), which is testing the Carcará prospect, in Block BM-S-8 in the ultra-deep waters of the Santos Basin pre-salt. This discovery was previously announced on March 20, 2012. Located 232 km off the coast of the state of São Paulo and at […]

  • IHC Merwede: Keel Laying for Pipelayer

    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 Rien Smallegange , Subsea 7’s Deputy Project Manager. IHC Merwede’s contract with Subsea 7 is for the design, engineering and […]

  • Italy, Greece and Albania Confirm Political Support for Trans Adriatic Pipeline

    28 September 2012
    Business & Finance

    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 (MoU) yesterday evening. 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 […]

  • Japanese Shipping Representatives Discuss Industry Problems

    18 October 2013
    Business & Finance

    On 16 October, representatives from the Japanese shipping community gathered at the Imperial Hotel in Tokyo to share concerns facing the industry. The BIMCO/INTERTANKO networking lunch and seminar, held in co-operation with the Japan-BIMCO Committee, featured presentations by the Japanese Shipowners’ Association (JSA) Secretary General Mr. Yoshikiyo Ono, BIMCO President Mr. John Denholm, INTERTANKO’s Managing […]

  • 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 […]

  • 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 […]

  • 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.

  • COSCO Shipyard Group Delivers Bulk Carriers to Its European Buyer

    20 June 2012

    The Board of Directors of COSCO Corporation (Singapore) Limited announced that its subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: 1. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57.000 DWT, “FEDERICA”, to its European buyer. 2. COSCO (Guangdong) Shipyard Co., Ltd has delivered […]

  • 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 […]

  • Cosco launches Dana’s Western Isles FPSO

    17 February 2014

    Dana Petroleum has recently celebrated a milestone achievement on its flagship Western Isles Development Project (WIDP) with the hull launch of the floating production, storage offloading vessel (FPSO) in China. The project achieved more than 1.5 million man hours incident-free during construction at the COSCO shipyard in Qidong, China, where the FPSO is being built. […]

  • Golar LNG Moves Ahead with Another LNGC Conversion at Keppel

    17 December 2018
    Business & Finance

    Golar LNG is moving ahead with its plans to convert one of its LNG carriers into a floating liquefaction vessel.

  • 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 […]

  • Raytheon Nabs USD 75 Mln Zumwalt-Class Contract

    13 December 2013

    Raytheon Company has been awarded $75 million to complete remaining hardware and electronics for DDG 1000 and 1001, the first two ships of the Zumwalt-class of multimission destroyers. The award reflects exercised options under a previously awarded U.S. Navy contract. Raytheon’s progress on the program continues, remaining on-cost and schedule, meeting all program milestones and […]

  • 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 […]

  • Update: Salvors Prep for Hoegh Osaka’s Hull Inspection

    14 January 2015
    Business & Finance

    More favorable weather conditions in Solent allowed two new water pumps to be deployed on the Hoegh Osaka and its ballast system. However, no diving took place yesterday who were planning to inspect the hull of the ill-fated car carrier. The salvor’s helicopter is now on scene. A temporary danger area or air exclusion zone around the ship […]

  • 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 […]

  • China: Rongsheng, DNV Ink Classification Agreement for Ten Suezmaxes

    30 April 2012
    Business & Finance

    28 April 2012, China Rongsheng Heavy Industries has signed a classification agreement for ten 157,000 DWT suezmaxes and held a senior management conference. China Rongsheng and DNV have established profound strategic partnership for years. The newly-signed classification agreement for the ten 157,000 DWT suezmaxes not only strengthens the partnership between the two parties, but also […]