10000 results found for 'progress'

10000 results found for 'progress'
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  • Marine insurers agree framework to support green shipping

    15 December 2021
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Safety, Transition

    Six of the world’s leading marine insurers have launched an initiative to provide transparency on carbon emissions and support the shipping industry’s green transition.

  • 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, […]

  • Eco Atlantic Enters into 5 JOA’s with NAMCOR (Namibia)

    26 April 2012
    Business & Finance

    Eco (Atlantic) Oil & Gas Ltd. has entered into five separate Joint Operating Agreements (JOA’s) with NAMCOR, the National Petroleum Corporation of Namibia, with respect to its five license blocks onshore and offshore Namibia. Through the Company’s wholly-owned subsidiary, Eco Oil and Gas (Namibia) (Pty) Limited, the Company has entered into the Agreements with NAMCOR […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Bad weather postpones offshore installation ops at Türkiye’s gas field

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

    Trillion Energy is keen on resuming gas lift compressor installation activities next week at its giant gas field in the Black Sea off the coast of Türkiye.

  • Anchoring system in place for solar integration with Dutch offshore wind

    20 May 2025
    Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Technology

    Offshore installation works have been completed for the anchoring system of the first offshore solar farm that is to be installed within the Hollandse Kust Noord (HKN) offshore wind farm, according to Oceans of Energy. The floating solar array, supplied by Oceans of Energy, will be moored within the HKN wind farm in the Dutch […]

  • 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 […]

  • 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 […]

  • 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, […]

  • 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. […]

  • Deepwater Horizon: Work forging ahead to restore wildlife 15 years after largest oil spill in US history

    2 May 2025
    Environment

    U.S. environmental organizations and scientists have reflected on the work undertaken to restore wildlife and understand the impacts on nature of the Deepwater Horizon oil rig explosion.

  • 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 […]

  • USACE Presents Everglades Restoration Efforts for 2018

    11 January 2018
    Business & Finance

    With the close of 2017 and now the start of 2018, the team of professionals from the Army Corps, Jacksonville District, continues to make positive progress hand-in-hand with USACE partners from the South Florida Water Management District, the Department of the Interior and many other agencies implementing the South Florida Ecosystem Restoration (SFER) program. “As […]

  • 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.

  • 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 […]

  • 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 […]

  • UK Prime Minister Visits Liverpool2 Site

    11 June 2014
    Business & Finance

    UK Prime Minister, David Cameron, has visited the construction site of the major expansion project currently underway at the Port of Liverpool, which is being developed by Peel Ports, one of the UK’s largest port groups. The £300 million Liverpool2 investment programme will create the most central deep water container terminal in Great Britain and […]