10000 results found for 'progress'

10000 results found for 'progress'
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  • Pelamis Hits The 10,000 Mark on P2

    5 June 2014
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    The two Pelamis P2 machines currently deployed at the wave test site of the European Marine Energy Centre (EMEC) in Orkney have this week collectively reached a milestone 10,000 hours of grid connected operations. The machines, which are undergoing a progressive test programme at the Billia Croo wave test site, hit the 10,000th hour on […]

  • Partners in Guinea-Bissau blocks preparing to drill first ever deepwater well

    6 August 2019

    The JV is preparing to drill the first ever deepwater exploration well offshore Guinea-Bissau in 2020.

  • CEO: Statoil well prepared for challenging period

    6 February 2015
    Business & Finance

    Norwegian oil company Statoil has reported that its adjusted earnings in the fourth quarter of 2014 were NOK 26.9 billion, compared to NOK 42.3 billion in the fourth quarter of 2013. The company has explained that the 36% reduction in the quarter is mainly caused by the significant drop in the liquids prices. In addition, […]

  • Pelamis P2 Wave Machines Reach 10,000 Hours of Grid-Connected Operation

    5 June 2014
    Storage, Technology

    Two Pelamis P2 machines, currently deployed at the wave test site of the European Marine Energy Centre (EMEC) in Orkney, have this week collectively reached a milestone 10,000 hours of grid connected operations. The machines, which are undergoing a progressive test programme at the Billia Croo wave test site, hit the 10,000th hour on Tuesday […]

  • WMU President: Industry Is Not Doing Enough to Empower Women

    7 November 2019

    The percentage of women in the maritime industry is very low and has not changed for years.

  • Chevron to Fully Focus on Completing Major Natural Gas Projects in Australia

    14 March 2011
    Business & Finance

      Chevron Corporation is generating record operating cash flow and advancing its strong project queue, executives said today at the company’s annual meeting with financial analysts in New York. “Operationally and financially, 2010 was an outstanding year. We continue to deliver on our commitments,” said John Watson, Chevron’s chairman and CEO. “We improved our safety […]

  • Gasol Posts Full Year Results (UK)

    29 August 2013

    Gasol plc, the West African energy development company, announced  its preliminary results for the year ended 31 March 2013.  Operational highlights · Board strengthened by the appointments of Dr Rilwanu Lukman as the new non executive chairman and Fassine Fofana as a non executive director; · The Company’s refocused strategy aims to make Gasol the leading […]

  • Otto Secures Loan for Galoc Phase II (Philippines)

    21 December 2012

    Otto Energy Ltd , the 33%-owner and operator of the producing Galoc oil field joint venture offshore the Philippines, has provided the following update in relation to the Galoc Phase II development. Execution of Financing Facility Agreement Otto has entered into a binding agreement with BNP Paribas to provide US$37.4 million in project financing for […]

  • Cheniere Reports USD 135.2 Million Net Loss in Q4

    21 February 2014

    Cheniere Energy reported a net loss  of $135.2 million for the three months ended December 31, 2013, compared to a net loss of $94.3 million for the comparable 2012 period.  For the year ended December 31, 2013, Cheniere reported a net loss attributable to common stockholders of $507.9 million, compared to a net loss of $332.8 million […]

  • Expro Files for Chapter 11 Bankruptcy

    19 December 2017
    Business & Finance, Equipment, Operations & Maintenance

    Oilfield services company, Expro, has filed for Chapter 11 bankruptcy as part of the next step in its financial restructuring. As previously disclosed, the company has reached an agreement with its key lenders and shareholders to eliminate its entire $1.4 billion of funded debt and $80 million in annual interest payments through an equity conversion, […]

  • Gold Oil Receives Encouraging Results from 3D Seismic Surveys of Block Z34, Offshore Peru

    20 December 2011
    Business & Finance, Operations & Maintenance

    Gold Oil, the AIM-listed oil and gas exploration and production company, with a primary focus on opportunities in Latin America, provides the following operational update on its operations on Block Z34, offshore Peru. Block Z34 – 3D Seismic Update Gold Oil has now received fast track processing results from the Erika North and South 3D […]

  • Expro submits reorganization plan under Chapter 11

    19 December 2017
    Business & Finance

    Oilfield services company, Expro, has handed in a “prepackaged” reorganization plan to a U.S. court as the next step of its financial restructuring. The company has reached an agreement with its key lenders and shareholders to eliminate its entire $1.4 billion of funded debt and $80 million in annual interest payments through an equity conversion, […]

  • UK to chart course for greener maritime sector with upcoming innovation hub

    23 September 2025
    Authorities & Government, Innovation, Transition

    In a bid to speed up innovation and ramp up decarbonization efforts, the United Kingdom is set to launch a UK Maritime Innovation Hub. As informed, the country plans to launch the hub, which will be hosted by the Maritime and Coastguard Agency (MCA), in April 2026. The innovation hub was initially unveiled earlier this […]

  • Austal Celebrates the Launch of USNS Fall River

    17 January 2014

    On January 16, 2014, Austal USA successfully completed the launch process of the USNS Fall River (JHSV 4). Recently christened, this 103-meter high-speed catamaran represents the U.S. Department of Defense’s next generation multi-use platform. It is part of a 10-ship program, the funds for all of which have been appropriated, worth over US$1.6 billion. The […]

  • APMT Mediation with Swedish Dockworkers Hits Stalemate

    16 May 2016
    Business & Finance

    The mediation process in the dispute between APM Terminals in Gothenburg and the Swedish Dockworkers’ Union has come to a grinding halt as both parties seem reluctant to work out a compromise solution. “The discussions are being conducted in a positive and constructive spirit, but it is clear that the parties’ positions remain some distance apart,” APM Terminals […]

  • Ithaca Announces Quarterly Results (UK)

    13 May 2013
    Business & Finance

    Ithaca Energy Inc. announces its quarterly results for the three months ended March 31, 2013. In light of the Valiant transaction closing on April 19, 2013, also included is the unaudited financial highlights for the same period, showing the contribution from Valiant Petroleum plc (“Valiant”) for the period, together with an update on integration activities. […]

  • ConocoPhillips pinpoints potential drilling sites for 2025 two-well gas search

    13 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    ConocoPhillips has revealed three possible drilling locations for its two-well gas exploration campaign in the Otway Basin off the coast of Australia.

  • Canadian floating LNG project seeks capacity expansion

    23 September 2025
    Business Developments & Projects, Project & Tenders

    An application has been filed to boost the liquefaction capacity of a proposed floating liquefied natural gas (LNG) export project near Kitimat in British Columbia, Canada.

  • IRENA: Growth in renewables highlights regional imbalance

    16 July 2025
    Market Outlooks, Outlook & Strategy, Transition, Vision

    Despite renewable energy capacity growing by over 15% in 2024, the gap in deployment between regions continues to widen, according to the International Renewable Energy Agency (IRENA).

  • CMA CGM steps up maritime talks with Indian government

    16 June 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Infrastructure, Ports & Logistics, Vessels

    France-based shipping colossal CMA CGM has held talks with officials from the Indian Ministry of Ports, Shipping and Waterways (MoPSW) regarding maritime transport, shipbuilding, container terminals, multimodal logistics, and maritime industrial opportunities in the Southeast Asian nation. According to MoPSW, the discussions were held during the government branch’s official visit to CMA CGM’s headquarters in […]

  • $25.6M acquisition expanding Serica’s North Sea footprint

    30 September 2025
    Business & Finance, Business Developments & Projects

    The UK-based upstream oil and gas player Serica Energy has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream from Prax Exploration & Production.

  • USA: Chevron Earnings at USD 26.2 Billion

    1 February 2013

    Chevron reported earnings of $7.2 billion ($3.70 per share ) for the fourth quarter 2012, compared with $5.1 billion ($2.58 per share ) in the 2011 fourth quarter. Results in the 2012 period included a gain of $1.4 billion from an upstream asset exchange. Full-year 2012 earnings were $26.2 billion ($13.32 per share ), down […]

  • Zennor wraps up drilling and testing operations at Finlaggan field

    21 May 2019
    Exploration & Production, Project & Tenders

    Zennor Petroleum has completed drilling and testing operations at its operated Finlaggan field development in the UK Central North Sea.

  • 2012 Day of the Seafarer (IMO)

    25 June 2012
    Business & Finance

    On 25 June 2012, the international Day of the Seafarer, the International Maritime Organization (IMO) is asking people around the world to use social networks to highlight just how important seafarers are to everyone on the planet, as they transport, all over the world, the vital items, commodities and components on which we all rely […]

  • Santos Quarterly LNG Production Up, Australia

    17 January 2013

    Australia’s Santos today issued its 2012 fourth quarter activities report for period ending 31 December 2012. 2012 production up 10%, record quarterly and annual sales revenue Santos today announced a 10% lift in annual production to 52.1 million barrels of oil equivalent (mmboe) and record quarterly and annual sales revenue. December quarter production of 13.2 […]