10000 results found for 'progress'

10000 results found for 'progress'
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  • Subsea 7 Bags $1.6 Bln Contracts for Three New-Build PLSVs

    8 July 2013
    Business & Finance, Project & Tenders

    Subsea 7 S.A. announced the award of three contracts from Petrobras with a combined value (at the time of contract signature) of approximately US$1.6 billion for the construction and operation of three new-build flexible pipe-lay support vessels (PLSVs). The work scope of each of these 5 year contracts is similar to that of the PLSVs […]

  • RS Aqua, JouBeh Sign Collaboration Agreement (Canada)

    29 January 2013
    Business & Finance, Equipment

    RS Aqua announced the signing of a collaborative agreement with Nova Scotia based Iridium hardware and service provider JouBeh Technologies (JouBeh), giving their clients access to their extensive data telemetry and equipment monitoring capabilities. The venture, which grants the Company product and service rights within the UK and Ireland, is seen as a natural progression […]

  • Singapore: MAN to Equip Swire’s Eight New PSVs with Its Gensets

    14 June 2012
    Business & Finance, Equipment

    Swire has ordered eight IMT-997 platform supply vessels (PSVs), with four to be built by Universal Shipbuilding Corporation in Japan and a further four to be built by EISA Shipyard in Brazil. Each vessel will be equipped with 4 × 6L27/38 MAN gensets, with each unit rated at 1,980 kW at 720 rpm. All generating […]

  • Trump Reaches Partial Deal with China, Delays Tariffs

    14 October 2019
    Business & Finance

    China agreed to more than double its annual purchases of American agricultural products as part of the deal.

  • K Line to Start Research on Shipping Market Using AI

    7 October 2019
    Business & Finance

    K Line, partners would work on the research of shipping market conditions using artificial intelligence.

  • Hapag-Lloyd, ONE to Join TradeLens

    2 July 2019
    Business & Finance

    With the two major carriers, platform scope extends to more than half of the world’s ocean container cargo.

  • GSL’s Post-Panamax Pair to Continue Working for ZIM

    30 April 2019
    Business & Finance

    Global Ship Lease renews charter agreements with ZIM for two Post-Panamax containerships.

  • Massive New Gates for Expanded Panama Canal Arrive in Panama (VIDEO)

    21 August 2013
    Business & Finance

    In a major milestone for the Panama Canal Expansion Program, the first four gates for the new locks arrived from port of Trieste, Italy to the waterway’s Atlantic side on board the semi-submersible vessel STX Sun Rise this morning. “This is an exciting moment for the Panama Canal – the arrival of the new gates […]

  • IHC Merwede Secures Three PLSVs

    8 July 2013

    Subsea 7 S.A. has announced the award of three contracts from Petrobras with a combined value (at the time of contract signature) of approximately US$1.6 billion for the construction and operation of three new-build flexible pipe-lay support vessels (PLSVs). The three new PLSVs are of similar design to the Seven Waves, and will be constructed in […]

  • Gazprom Builds Up Production Capacities to Raise Cenomanian Gas Output, Russia

    27 July 2012

    Gazprom has completed construction and hookup of 42 extra production wells to produce gas from the Cenomanian deposit of the Zapolyarnoye field. This helped increasing the deposit’s nominal capacity from 100 to 115 billion cubic meters of gas per annum. The Company continues developing the Valanginian deposits of the Zapolyarnoye field. This year another comprehensive […]

  • Allseas pens Barossa pipeline EPCI contract. Project nearing FID

    26 September 2019
    Project & Tenders

    A contract for the engineering, procurement, construction, and installation of a 260-kilometer gas export pipeline on the Barossa project was awarded to offshore installation and construction company Allseas.

  • Eni begins Coral Sul FLNG hull installation works

    22 July 2019
    Vessels

    Italian energy giant Eni has started installation works on the hull of the Coral Sul floating liquefied natural gas (FLNG) treatment and liquefaction unit that will be moored offshore in Mozambique.

  • Delfin LNG granted construction permit extension

    10 July 2019

    The United States Federal Energy Regulatory Commission has granted Delfin LNG extension to its project construction permit. 

  • Ireland: Providence Secures New Six Block Licence over Rathlin Basin

    4 January 2012
    Business & Finance, Operations & Maintenance

    Providence Resources P.l.c., the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, confirms that its wholly owned UK subsidiary PR Singleton Limited has been offered a frontier exploration licence over six blocks in the Rathlin Basin, offshore Northern Ireland by the UK Government‟s Department of Energy & Climate Change (DECC). […]

  • Chevron Responds to Reported Lawsuit by Federal District Prosecutor in Brazil

    15 December 2011
    Business & Finance, Operations & Maintenance

    Chevron Corporation  said a Brazilian federal district prosecutor has told reporters that he will file a civil lawsuit against Chevron and other companies seeking a reported 20 billion reais ($10.7 billion) in damages, and an injunction stopping Chevron’s activities in Brazil. “Chevron has not received any formal notice of this action. Chevron also has not […]

  • Oil & Gas UK conference to address how to maximize investment in UKCS

    6 June 2016

    Oil & Gas UK, the representative organization for the UK offshore oil and gas industry, will discuss the strengths, weaknesses, opportunities and threats that the UK Continental Shelf presents at the annual Oil & Gas UK Conference in Aberdeen. Oil & Gas UK said on Monday that Stephen Halliday, Group President of Wood Mackenzie, Verisk […]

  • Providence gets extension, ditches part of Irish offshore license

    16 November 2016
    Equipment

    Providence Resources, an Irish-based oil and gas explorer, has received an extension for its Kish Bank Basin license, offshore Dublin. According to Providence, the Minister of State for the Department of Communications, Climate Action and Environment has given his consent to extend the first phase of the Standard Exploration Licence 2/11 by two years until […]

  • Norway: Songa Offshore Provides Rig Fleet Update for July

    9 August 2010
    Business & Finance

    Songa Venus achieved operating efficiency of 96% during the month, the rig continued its work on the first out of 3 firm wells for Shell Development (Australia). Shell confirmed and exercised first out of 3 optional wells, this well has further been assigned to MEO Australia Limited. Songa Mercur achieved operating efficiency of 98% during […]

  • Brazil: OSX Receives Order for Two WHPs from OGX

    19 April 2012
    Business & Finance

    Brazil-based OSX, a company that provides equipment and services for the offshore oil and gas industry, received an order from its anchor client OGX Petróleo e Gás for construction and charter of two new Wellhead Platforms, WHP-3 and WHP-4, pursuant to the Strategic Cooperation Agreement entered into by the companies. The two new units will […]

  • Brazil: BG Secures USD 1.8 bln for Santos Basin FPSOs

    1 March 2012
    Business & Finance

    BG Group today announced it has received initial approval from the Brazilian Development Bank (BNDES) for up to $1.8 billion of long-term finance to fund part of the company’s interests in the pre-salt Santos Basin, offshore Brazil. Subject to further approvals and the completion of a final agreement, the funding facility will be allocated to […]

  • BP, CGG to develop new marine seismic sources

    28 October 2014

    CGG and BP announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology, and builds on successful prototype trials. Seismic surveys have for decades been the exploration industry’s key […]

  • Coastal Contracts sells jack-up rig to avoid market downturn

    22 April 2015
    Business & Finance, Exploration & Production

    Coastal Contracts’ subsidiary, Thaumas Marine Pte Ltd, has secured a contract for the sale of one jack-up drilling rig (JUDR) for approximately RM807 million ($224.1 million). According to Coastal Contracts’ Bursa Malaysia filing, the rig was sold to a “reputable oil company”. The rig is expected to be delivered in the third quarter of 2015. Ng […]

  • Israel: Bontan Provides Update on Sara and Myra Licences

    29 April 2011
    Business & Finance

      Bontan Corporation Inc. issues the following update with respect to its indirect working interest of 5.23% in the Israeli project comprising Sara and Myra licenses located in the Levantine Basin: Progress on Israeli Project: Israel Rig Contract – Myra and Sara Licenses The operator of the consortium of the Licenses has entered into an […]

  • Kuwait’s KUFPEC Takes Stake in Galoc Oil Field (Philippines)

    2 May 2013

    Otto Energy Limited on behalf of the Galoc Joint Venture Partners in the Philippines, announces that Kuwait Foreign Petroleum Exploration Company (“KUFPEC”) has become a partner in the Galoc joint venture. The Galoc field is located in Service Contract SC14-C (Galoc Sub Block) in 290m of water approximately 65km  North West of Palawan Island and 350km south of […]

  • KCA Deutag, EEP Shipyard Cooperating in Drillships Construction

    14 May 2013
    Business & Finance

    RDS, the drilling facilities engineering division of KCA Deutag, announced it has signed a contract with Estaleiro Enseada do Paraguacu (EEP Overseas Limited), a newly established Brazilian shipyard. This contract signifies the first project between RDS and EEP. RDS’ core business is to deliver a comprehensive drilling facilities engineering service at every stage of design, […]