10000 results found for 'progress'

10000 results found for 'progress'
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  • Ophir takes over operatorship in Ivory Coast block

    10 March 2016
    Business & Finance, Project & Tenders

    African Petroleum, an independent oil and gas exploration company, has announced that the new Production Sharing Contract (PSC) with Ophir Energy covering the company’s CI-513 licence area in Côte d’Ivoire or Ivory Coast is now effective. African Petroleum and Ophir entered the PSC for the Ivory Coast block in December 2015. Having been signed by […]

  • BOEM Greenlights 12MW Wind Demo Offshore Virginia

    25 March 2016
    Authorities & Government, Research & Development

    The U.S. Bureau of Ocean Energy Management (BOEM) has paved the way for a 12MW offshore wind demonstration project in Virginia by approving the first Research Activities Plan (RAP) for a wind energy facility in U.S. federal waters. The project, for which the final engineering review is pending, involves the installation and operation of two 6MW turbines and associated cabling to […]

  • 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 […]

  • 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 […]

  • Horizon 2020 grants €3.4 mln for wave energy development

    16 June 2015
    Authorities & Government, Business & Finance, Research & Development, Technology

    A team of European experts has secured the funding from the European Commission’s research and innovation programme Horizon 2020 to develop a new project whose aim is to advance the wave energy sector. Using as a starting point the identification of the major constraints that have been delaying wave energy progress, the team will analyze technical, […]

  • Bureau Veritas to provide inspection services on Neptune’s Fenja

    17 January 2019
    Business & Finance

    Bureau Veritas has been awarded a four-year contract with Neptune Energy for inspection services on the Fenja development.

  • Orca Exploration to Boost Gas Production in Tanzania

    11 July 2011

    Orca Exploration Group Inc. (“Orca” or the “Company”) announces that it has signed an agreement with Songas Limited to increase the capacity of the Songo Songo gas field processing plant from 90 MMcfd to a potential of 110 MMcfd. This will increase the overall infrastructure capacity that processes and transports the gas to Dar es […]

  • DNV GL Issues New Subsea Industry Report

    8 May 2014
    Business & Finance, Equipment, Research & Development

    DNV GL has released the report ‘Subsea – Technology Developments, Incidents and Future Trends’ on behalf of the Norwegian Petroleum Safety Authority. “The ongoing increase in technology enhancement and the number of worldwide subsea field developments will demand greater focus on a number of issues. The report aims to raise awareness and share knowledge within […]

  • New York Wants At Least 3.2GW of New Offshore Wind

    3 October 2017
    Authorities & Government, Research & Development

    New York State has asked the federal Bureau of Ocean Energy Management (BOEM) to consider identifying and leasing at least four new wind energy areas off New York’s Atlantic Coast.

  • Read DNV GL’s report ‘Subsea – Technology Developments, Incidents and Future Trends’

    8 May 2014
    Business & Finance

    DNV GL has issued the report ‘Subsea – Technology Developments, Incidents and Future Trends’ on behalf of the Norwegian Petroleum Safety Authority. “The ongoing increase in technology enhancement and the number of worldwide subsea field developments will demand greater focus on a number of issues. The report aims to raise awareness and share knowledge within […]

  • LR to help REGENT certify all-electric seaglider

    30 May 2024
    Certification & Classification, Regulation & Policy

    Lloyd’s Register (LR), the UK-based classification society, has partnered with REGENT, a US manufacturer of all-electric seagliders for sustainable maritime mobility, to provide certification and advisory services for the latter’s twelve-passenger Viceroy seagliders.

  • Two Investors Bid for Minority Stake in NORD/LB

    28 January 2019
    Business & Finance

    NORD/LB receives a joint offer from two financial investors regarding a minority stake in the bank.

  • DNV GL Presents Subsea Technology Report

    8 May 2014
    Research & Development

    DNV GL has issued the report ‘Subsea – Technology Developments, Incidents and Future Trends’ on behalf of the Norwegian Petroleum Safety Authority. “The ongoing increase in technology enhancement and the number of worldwide subsea field developments will demand greater focus on a number of issues. The report aims to raise awareness and share knowledge within […]

  • Projects at Orskov Yard in Full Swing

    23 January 2014

    Danish Orskov Yard has had a busy start of 2014 with several ongoing projects, including two major conversions and the finalisation of three new ISO certifications within the 1st quarter of 2014. By now, the shipyard is approximately halfway through the conversion of the vessel Polar Nattoralik for Polar Seafood. Polar Nattoralik was built at […]

  • Husky Energy installs offshore platform in Indonesia. Production set for 2017

    9 November 2015
    Exploration & Production, Project & Tenders

    Canadian oil and gas firm Husky Energy has moved a step forward towards production from its offshore gas-condensate project in Indonesia. According to the company, the jacket and the wellhead platform for the Madura Strait BD project have been installed at the offshore location in around 55 meters of Water. Next up, development drilling, set […]

  • Cyprus: Sustainability key pillar of long-term strategic vision for shipping

    13 October 2021
    Environment, Outlook & Strategy, Vision

    Following a nine-month public consultation, Cyprus Shipping Deputy Ministry (SDM) has launched SEA Change 2030, a long-term strategic vision for Cyprus shipping.

  • Ryder CEO Steps Down, USA

    7 January 2013

    Ryder System announced that Chairman and Chief Executive Officer Gregory T. Swienton (63) will retire at the time of the Company’s annual meeting of shareholders on May 3, 2013. As part of the succession plan approved by Ryder’s Board of Directors, effective January 1, 2013, Ryder’s President and Chief Operating Officer Robert E. Sanchez (47), […]

  • Santos achieves strong oil flow from Dorado appraisal well

    8 October 2019
    Exploration & Production

    The initial flow test of the Caley reservoir from the Santos-operated Dorado-3 appraisal well off Australia has confirmed the main oil pool in the field is capable of producing flow rates at the higher end of pre-drill expectations.

  • NEC Wins S1H Cabling Work for AAE-1 Submarine Project

    9 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The consortium behind the Asia-Africa-Europe 1 (AAE-1) submarine cable system project, connecting Asia, the Middle East, East Africa and Europe, have signed a supply contract with NEC Corporation for the S1H segment, representing the Thailand-to-Vietnam-and-Hong Kong section of the network. The supply contract has come into force as of October 8, 2014. This milestone announcement […]

  • Sunbird Energy wraps up Ibhubesi Gas Project acquisition

    24 June 2014
    Business & Finance

    Southern African gas explorer and developer Sunbird Energy Ltd has announced that all required South African Government approvals have now been received and that it has consequently finalised its acquisition of the Ibhubesi Gas Project (IGP) from Forest Oil Corporation. The approvals conclude the acquisition by Sunbird of a 76% interest in Production Right Block 2A, which covers […]

  • California further clamps down on air pollution from ships while docked in ports

    28 August 2020
    Authorities & Government, Environment, Infrastructure, Ports & Logistics, Regulation & Policy, Rules & Regulation

    California has approved a new regulation designed to further reduce pollution from ocean-going vessels while docked at the state’s busiest ports. The rule builds on the progress achieved by the At-Berth Regulation adopted in 2007, which has paved the way for an 80 percent reduction in harmful emissions from more than 13,000 vessel visits since […]

  • UK: Global Collaboration Vital for Growth of Marine Energy

    22 October 2013

    INCREASED connectivity and collaboration between the world’s wave and tidal power test sites is vital to ensure resources are used strategically and to help boost the development of international markets. That was the key message from delegates attending a major international marine energy conference held in Orkney last week. Plans to create an international research […]

  • Scots Consume More than 40 Pct of Electricity from Renewables

    19 December 2013

    New figures published today show Scotland’s renewable electricity output was at record levels. The figures, which were released this morning by the Department of Energy and Climate Change, show that renewables met a record-breaking 40.3 per cent of gross electricity consumption in 2012, confirming that Scotland is on track to meet its interim target of […]

  • Riverstone Injects USD 150 mln into Fairfield Energy (UK)

    9 July 2012
    Business & Finance

    Fairfield Energy, the private, North Sea-focused independent oil & gas company, has agreed terms for a major new injection of equity from funds sponsored by Riverstone Holdings LLC, the energy and power-focused private equity firm. Riverstone will initially make a $150 million equity commitment with the option of subscribing a further $200 million alongside future […]