10000 results found for 'progress'

10000 results found for 'progress'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • Talisman Cash Flow Rises (Canada)

    31 July 2013

    Talisman Energy has reported its operating and financial results for the second quarter of 2013.  2013 Second Quarter Overview Production averaged 361,000 boe/d, down 3% from the previous quarter. Operational performance in Talisman’s two core areas, the Americas and Asia-Pacific, was strong during the quarter. Planned turnarounds and unplanned downtime in the non-core North Sea, production restrictions in Algeria […]

  • Trafigura aims for six zero-emission ships by 2030

    24 January 2024
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Global commodity trading giant Trafigura has set an ambitious target of having at least six zero-emission green ammonia-fuelled vessels in its fleet by 2030 to achieve a 25% reduction in the GHG intensity of its shipping operations. Trafigura, one of the world’s largest charterers of vessels, is responsible for over 5,000 voyages annually, managing 30 […]

  • Offshore oil & gas exploration heats up in Namibia as Galp spuds prospect while Chevron seeks green light for multi-well drilling program

    27 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Galp has kicked off drilling operations at a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries.

  • EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations

    25 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation, Transition

    The EU is one step closer to pulling out of the Energy Charter Treaty (ECT), as there is no end in sight for the stalemate over revamping its terms.

  • High client demand brings ‘strong’ 2023 to Fugro

    1 March 2024
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition, Vision

    Fugro has reported revenue of €2.2 billion for 2023, a 27.5% growth from €1.7 billion in 2022, said to be driven by high client demand in energy markets. For the full year of 2023, Fugro reported it had realized revenue growth on a currency-comparable basis by capturing high client demand in the offshore wind (+55%) […]

  • UK: Ithaca Provides Operational Update. Reports Setback at Jacky Production Well

    19 April 2011
    Business & Finance, Project & Tenders

      Ithaca Energy Inc.  announces an update on drilling operations and certain operational setbacks at Beatrice and Jacky. Both of the downhole electrical submersible pumps (“ESP”) in the Jacky production well, J01, have developed electrical faults under routine operations. Immediate plans are in effect to replace the pump units. Two ESP units were installed in […]

  • Maersk keeping supply vessel business as strategy shift proves fruitful

    29 March 2019

    Danish shipping giant Maersk which has been contemplating options for its offshore support vessel subsidiary Maersk Supply Service – including a potential sale – for two years, has decided to retain full ownership of Maersk Supply Service.

  • Keppel Delivers Jack-Up Rig to Mexican Client

    12 April 2013

    Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jack-up rig, Papaloapan, to Mexico’s Perforadora Central SA de CV (Perforadora Central) on time, within budget and with a perfect safety record. The rig was christened yesterday at Keppel AmFELS’ yard in Brownsville, Texas by Lady […]

  • ExxonMobil hopes to repair faulty Guyana FPSO parts before mid-2021

    18 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Equipment, Operations & Maintenance, Rules & Regulation, Vessels

    ExxonMobil is working to resolve technical challenges and design issues on its Liza Destiny FPSO as it awaits the arrival of a key component.

  • Industry to Share Ideas at Interspill 2015

    17 February 2015
    Business & Finance, Operations & Maintenance

    The oil and gas industry is set to discuss the importance of maintaining focus on oil spill response across all sectors at the three day Interspill conference and exhibition in Amsterdam from 24 – 26 March. Rob Cox, technical director at IPIECA and Interspill chairman, believes it is crucial that spill prevention and response remains […]

  • UK: BAE Systems Delivers Robust Performance in 2012

    22 February 2013

    BAE Systems has yesterday, February 21, announced the full year results. The Group continues to deliver a robust performance with strong trading in a number of areas. Financial key points: Sales £17,834m Underlying EBITA £1,895m Underlying earnings per share 38.9p Order backlog £42.4bn Non-US and UK order intake £11.2bn Dividend per share 19.5p Operating business cash […]

  • 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 […]

  • Singapore: COSCO Corporation Maintains Cautious Outlook for 2012

    1 August 2012

    COSCO Corporation successfully delivered 20 dry bulk carriers in the first half of 2012. Of these, COSCO Zhoushan shipyard delivered 9 bulk carriers, COSCO Guangdong shipyard delivered 6 bulk carriers and COSCO Dalian shipyard delivered 5 bulk carriers. In addition, COSCO Nantong shipyard delivered 2 offshore marine engineering vessels – the Sevan Brasil, a cylindrical drilling […]

  • Shell’s Q4 profit down, LNG sales up

    2 February 2017

    The Hague-based LNG giant Shell on Thursday said its fourth-quarter profit dropped 44 percent year-on-year. Shell’s 2016 fourth-quarter earnings on a current cost of supplies (CCS) basis were at $1 billion compared with $1.8 billion in the same quarter of 2015. “Earnings were impacted by charges of $0.5 billion related to deferred tax reassessments which […]

  • Brazilian FPSO on track to change hands by month end

    2 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

  • Preparations underway for rig to carry out drilling ops off Gabon

    17 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    BW Energy is setting the wheels into motion to drill the first well in its drilling programme for an oil development project off Gabon.

  • WATCH: Airseas’ Seawing hits new highs with successful traction flights

    16 May 2023
    Green Marine, Innovation, Research & Development, Vessels

    Wind propulsion specialist Airseas has achieved an important technical milestone in the sea trials of its Seawing system by successfully validating traction flights on Louis Dreyfus Armateurs’ vessel Ville de Bordeaux. Airseas said that the company has now demonstrated that the wind propulsion system is working as planned, providing its first tonnes of traction that […]