10000 results found for 'progress'

10000 results found for 'progress'
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  • Chevron expects growth despite oil price drop

    10 March 2015

    Chevron Corporation executives, at the company’s annual security analyst meeting in New York, expressed confidence in the long-term energy business and highlighted its growth outlook through 2017.

  • Deputy Prime Minister Nick Clegg Supports Green Development in Hull (UK)

    11 May 2011
    Authorities & Government

    The UK’s Deputy Prime Minister, Nick Clegg, is in support of a green port hull site proposed by the Associated British Ports’ (ABP) and engineering company Siemens. According to a press release, ABP and Siemens have put forward re-development plans, which include the building of a new factory to manufacture offshore wind turbines. Clegg expressed […]

  • Ireland Drafting Guidance for Offshore Renewables Development

    23 September 2016
    Authorities & Government, Research & Development

    A 12-week public consultation on two draft Guidance documents to help support the development of offshore renewable energy in Ireland has opened yesterday, 22 September. The draft documents aim to provide Guidance on the preparation of Environment Impact Statements (EIS) and Natura Impact Statements (NIS) for offshore renewable energy projects and Guidance on Marine Baseline […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Project to Build Biggest Ship Repair Yard in Latin America on Track

    13 November 2015
    Business & Finance

    The Brasil Basin Drydock Company (BBDC) project to build a 600,000 square meter ship repair yard near Brazil’s Port of Cabedelo has entered the next phase of development after receiving additional early stage investment funds, and after filing for environmental licenses, according to the New York-based McQuilling Services, LLC, the project manager. The BRL 2 billion (USD 530 million) […]

  • Container Volumes Grow at King Abdullah Port

    22 August 2017
    Business & Finance

    Saudi Arabia’s King Abdullah Port witnessed a surge of around 14% in its container volumes during the first half of 2017, reaching 821,694 TEU, compared to 720,483 TEU seen a year earlier. The port also recorded a 14% rise in the number of vessels received during the same period, handling 398 vessels compared to 349 in the first half […]

  • Maersk Line Returns to CentrePort Wellington

    2 August 2017
    Business & Finance

    Danish container shipping giant Maersk Line has decided to resume its weekly container shipping service to Wellington, New Zealand. The service will return once CentrePort, Wellington port operator, has completed works that will allow its ship-to-shore cranes to operate. These works were required following damage sustained in the November 2016 Kaikoura earthquake which made the […]

  • EIB: Clean Oceans Initiative off to a Flying Start

    21 October 2019

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

  • MOL, Pavilion Gas Sign Long-Term Deal for LNG Bunker Ship

    25 February 2019
    Business & Finance

    MOL signed a contract with Pavilion Gas to build and operate Asia’s largest LNG bunkering vessel in Singapore.