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.

  • 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 […]

  • 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 […]

  • 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 […]

  • Russia: Statoil, Gazprom Executives Discuss Shtokman Development

    24 November 2011
    Business & Finance

    A working was held yesterday in Saint Petersburg meeting between Alexey Miller, Chairman of the Gazprom Management Committee (right) and Helge Lund, President and Chief Executive Officer of Statoil(Left).  The parties tackled the main issues of colaboration in the gas sector and exchanged views on the progress with preparations for Shtokman Phase 1 development. The […]

  • UK: Wood Group Wins Contract with BP for Andrew Field Development Project

    31 August 2010
    Business & Finance

    Wood Group has entered into a contract with BP Operating Company Ltd (‘BP’) to provide topside engineering and project management services for BP’s Andrew Area Development project in the central North Sea. The project scope includes the tie-back of the Kinnoull reservoir to Andrew, some 28km away, and the development of the Lower Cretaceous development […]

  • UK: Xcite Energy Announces 9/3b-6 Well Update

    25 October 2010
    Business & Finance, Project & Tenders

    Xcite Energy Ltd announced that the 9/3b-6 well on the Bentley field is progressing on plan, on schedule and has reached target depth for the first part of the planned work programme, the pilot section of the well. The pilot section confirmed 113ft oil column, some 40ft thicker than the 73ft prognosis, in a high […]

  • BG Won’t Build Lomond BLP (UK)

    28 March 2013
    Business & Finance

    BG has informed Serica, as Operator of the Columbus field, that it has decided not to proceed with the construction of a Bridge Linked Platform (“BLP”) adjacent to the BG operated Lomond field. The BLP was to be part of the export route for gas and gas condensate from the Columbus field. As a consequence, […]

  • Petra Energy, Baker Hughes Team Up in Oil & Gas Projects in Malaysia

    4 April 2012
    Business & Finance

    Integrated oil & gas brown field services provider, Petra Energy Berhad (“Petra Energy”), and Baker Hughes (M) Sdn Bhd (“Baker Hughes”), yesterday formalised a working relationship via the signing of a Memorandum of Understanding  (“MoU”) to undertake oil & gas projects in Malaysia. Signing on behalf of Petra Energy was Henry Toyad, Chief Operating Officer, […]

  • Afren’s Nunya Well Offshore Ghana Disappoints

    25 April 2012
    Business & Finance

    Afren plc announces that the Nunya-1x (formerly named Cuda-2) exploration well in the Keta block offshore Ghana has encountered thick and high quality water bearing reservoirs. The objective of the Nunya-1x exploration well was to explore a large four-way dip closed Upper Cretaceous prospect in the Keta block, located offshore Ghana. The well intersected 153 […]

  • Karoon: Poseidon North-1 at 3820 m

    17 April 2014
    Project & Tenders

    Karoon Gas Australia has announced that at 0600 WST on 17 April 2014, the hole at the Poseidon North-1 well, offshore W. Australia, was at a depth of 3,820 mRT and preparations were being made to install the 9-5/8″ casing. Since the 4 April 2014 Poseidon North-1 Progress Report, the cement casing shoe was drilled out […]

  • Gazprom Considers Nord Stream System Expansion

    7 February 2014
    Business & Finance, Project & Tenders

    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 on 5 February. 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 […]

  • 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 […]

  • Flexlife Sees Orders Rise

    19 November 2014
    Business & Finance, Equipment

    Flexlife, a provider of flexible pipe integrity and engineering services for the oil and gas industry, has generated more than £4 million in new orders over the first six months of this financial year. Flexlife has also generated new business in the US, with approximately half of all new orders coming from its Houston base, which […]

  • Marine Power Systems Boosts Its Team

    24 August 2015
    Business & Finance, Equipment, Research & Development

    Marine Power Systems, a Swansea-based developer of wave energy technology, has expanded its team by hiring Daniel Pérez Torres as a full-time design engineer. Torres is a mechanical engineer from Queen Mary University, London, specialised in computational methods. Subsequently he completed a Master of Science degree in marine renewable energy at Plymouth University. During his master’s degree, Torres approached […]

  • Ezra’s Chairman to Step Down

    11 December 2015
    Business & Finance, Operations & Maintenance

    Singapore’s Ezra has informed that its non-executive chairman Koh Poh Tiong, will give up his post with effect from February 1, 2016 to focus on his work with the other organisations that he is involved in. According to the company, he will also relinquish his role as senior advisor to the Group. Koh Poh Tiong has joined […]

  • 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 […]

  • Sevan Drilling, Cosco in talks to delay rig delivery

    6 October 2014

    Norwegian drilling contractor Sevan Drilling needs more time to decide on the Sevan Developer rig fate.   The company has today announced that it has agreed with Cosco, the rig builder, to extend the Sevan Developer standstill agreement into the fourth quarter. The agreement should allow the parties more time to negotiate a later rig delivery […]

  • Baker Hughes axes 7000 jobs

    21 January 2015

    Baker Hughes, the world’s third largest oilfield services provider behind Schlumberger and Halliburton, has said it will lay off thousands of workers in the first quarter of 2015 as the industry is entering a slow cycle. The company which despite a significant downfall in oil prices, yesterday reported a record fourth quarter revenue of $6.6 […]

  • 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 […]

  • MV Benita Refloated, Towed 20 Miles off Coast

    25 July 2016
    Business & Finance

    The bulk carrier MV Benita, which ran aground on June 17 when it hit the coast of Mauritius, has been refloated and afterwards towed to a position some 20 miles off the coast. The Greek company Five Oceans Salvage said that a skeleton crew will remain on board in order to assess the ship’s seaworthiness and general condition. […]

  • 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.