10000 results found for 'progress'

10000 results found for 'progress'
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  • ELEMENT gears up for tidal turbine testing in France

    16 June 2022
    Business Developments & Projects

    EU-backed ELEMENT project, dedicated to developing a tidal energy control system that will reduce the cost of tidal energy, is set to deploy a turbine for testing in Brittany, France, this autumn, following the onshore testing. The project, led by Scottish tidal technology company Nova Innovation, aims to develop an innovative control system for tidal […]

  • Tyra topsides reach Danish North Sea

    30 August 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    The three Tyra East wellhead and riser platforms have arrived at the Tyra field in Denmark following a journey from Singapore.

  • Overseas Shipholding’s Quarterly Income Halved

    9 August 2016
    Business & Finance

    New York-listed Overseas Shipholding Group (OSG), a provider of oceangoing energy transportation services, saw its net income for the second quarter drop to USD 29.9 million from the USD 58.4 million reported in the second quarter of 2015. For the first half of the year, the company’s net income decreased to USD 80 million from USD 101.3 million reported […]

  • Australia and Peru Ink Free Trade Agreement

    12 February 2018
    Business & Finance

    Australia and Peru signed the Peru-Australia Free Trade Agreement (PAFTA) on February 12.

  • Seabourn Ovation Tests Its Mettle in the Med

    22 March 2018
    Business & Finance

    Seabourn Ovation has completed its final round of sea trials in the Mediterranean.

  • Caribbean FLNG Still Without Work

    27 October 2017
    Business & Finance

    Exmar’s newbuilding floating liquefied natural gas (FLNG) facility Carribean FLNG is yet to secure its first job. The world’s first barge-based FLNG facility was delivered to Exmar by Chinese Wison Offshore and Marine in July this year. The vessel was set to work for Canada-based oil and gas company Pacific Exploration and Production (PEP), however, […]

  • EIB Provides USD 155 Mn for Port of Piraeus Expansion

    12 November 2019
    Business & Finance

    The first EUR 100 million tranche of the 20-year loan was signed on November 11.

  • Vallianz’s Order Book Surges to USD 1.2 Bn

    16 May 2016
    Business & Finance

    Singapore-based offshore support vessel provider Vallianz Holdings Limited has secured contracts worth up to USD 210 million in total, boosting its chartering services order book to USD 1.2 billion. Specifically, in its latest batch of orders the group won long-term charter contracts for the supply of 13 offshore supply vessels (OSVs) with an undisclosed national oil […]

  • McDermott Loss Narrows

    6 November 2014
    Business & Finance, Operations & Maintenance

    McDermott, a provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments, has cut its net loss year-over-year despite lower revenues in the same quarter last year. McDermott’s third quarter 2014 net loss was $34 million, or $0.14 per fully diluted share, compared to a net loss of $64 million, or […]

  • UK: Pipeline Engineering to Supply Subsea Cable Protection for Humber Gateway OWF

    25 June 2013
    Business & Finance, Operations & Maintenance

    Pipeline Engineering, a brand of Circor Energy, has won a multimillion dollar contract with E.ON to supply subsea cable protection for the Humber Gateway Offshore Wind Farm. Pipeline Engineering will supply its patented PEFLEX® subsea cable protection system designed to protect array cables on offshore wind farms. “The Humber Gateway Project is a significant opportunity […]

  • CT Offshore to Install Cables at Gwynt y Môr OWF

    21 January 2014
    Business & Finance, Operations & Maintenance

    Last week an agreement was finalised and signed between CT Offshore and Gwynt y Môr Offshore Wind Farm Limited, covering free-laying, installation and burial of 63 cables of the in total 161 inter-array cables at one of Europe’s largest offshore wind farms. The cable laying and installation will be conducted by the company’s own cable […]

  • Ashtead Training Academy Gains CPD Accreditation

    10 August 2015
    Business & Finance, Equipment

    Ashtead’s Subsea Technology Training Academy has secured Continuing Professional Development (CPD) accreditation. CPD accredited courses include; Introduction to Offshore Survey Equipment, ROV Sensors and Multiplexors, Acoustic Positioning Systems and Pipe and Cable Tracking. Tim Sheehan, commercial director at Ashtead, said: “In today’s environment and with increasingly sophisticated kit, it is crucial that companies have the […]

  • Magseis Sees Profits Rise

    21 August 2015
    Business & Finance, Operations & Maintenance

    Norwegian geophysical contractor, Magseis, has reported net profit of USD 1.6 million or $0.06 basic earnings per share in the second quarter 2015, compared to net profit of USD 220K or $0.01 basic earnings per share during Q2 2014. The Oslo-listed company has seen its revenue almost flat at USD 16.6 million compared to USD […]

  • Drilling at Pharos-1 Carries On, Karoon Gas Reports

    30 May 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Karoon Gas Australia Ltd  has released a Pharos-1 exploration well, WA-398-P progress report. As at 0600 WST on 30 May 2014 the cement shoe at the bottom of the 13-3/8″ casing has been drilled out and preparations are being made to drill ahead in the 12-1/4″ hole section. Since the last update, the 17-1/2″ hole […]

  • APEM Evaluates Sensitivity of Marine Wildlife

    24 June 2014
    Research & Development

    Natural England has commissioned APEM to help assess the sensitivity of marine birds, fish and mammals to a range of pressures commonly resulting from human activity in the marine environment. These include habitat loss, introduction of non-native species, barrier effects, pollution and water quality changes, introduction of light and noise, fishing and hunting. APEM will […]

  • Expro Wins Subsea Services Contract in China

    18 March 2013
    Business & Finance, Equipment, Project & Tenders

    International oilfield service company, Expro, has been awarded a $4.5 million one year contract for the supply of 7 3/8” completion landing string services in China. This contract will enable Expro to capitalise on an emerging and highly lucrative deepwater market, which is set for major growth over the next five years. Work will commence […]

  • Det norske Receives Employer Brand Award (Norway)

    6 February 2013
    Business & Finance

    Yesterday, Det norske was the proud recipient of Scouting’s Employer Brand Award, awarded to the most attractive start-up Norwegian employer. The headhunting agency Scouting has, for the fifth consecutive year, interviewed executives and experienced professionals in the oil and gas industry regarding the top most attractive employers. Det norske was awarded the topmost ranking for […]

  • Expro Receives Subsea Services Contract from Chevron USA

    6 June 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Leading international well flow management company Expro has secured a subsea services contract in the Gulf of Mexico (GOM) with global energy company Chevron U.S.A. Inc. The scope of work involves providing two 15ksi rated auxiliary strings complete with direct hydraulic umbilicals and reelers for tubing hanger operations for two projects in the deepwater Gulf […]

  • Sea Lion partners remain committed to closing farm-out despite oil price weakness

    19 March 2020
    Project & Tenders

    Partners in the Sea Lion project, located offshore the Falkland Islands, remain committed to the completion of a farm-out of interest in the project to Navitas Petroleum despite current oil price weakness. 

  • Axxis Geo Solutions starts OBN survey in Middle East

    17 January 2020

    Axxis Geo Solutions, a Norwegian ocean bottom node seismic company, has begun work on a large 3D ocean bottom node (OBN) survey in the Middle East.

  • Aberdeen Harbour expansion moves step forward with 6000t caisson

    27 February 2019

    The first 6,000-tonne caisson started its journey from Cromarty Firth this week to Aberdeen’s South Harbour,  a marine support center for the oil and gas industry, marking what has been described as another landmark stage with Aberdeen Harbour’s £350-million expansion project.

  • New Zealand: Steel Removal from Rena Wreck Continues

    28 September 2012
    Business & Finance

    Steel removal from the Rena wreck continues with daily helicopter operations using McDermott Aviation Bell 214 heavy lift helicopter. The total steel weight landed ashore is now more than 650 tonnes. Salvage (Resolve Salvage & Fire) The Salvage Master for Resolve Salvage and Fire, Francis Leckey, said that positive helicopter progress now allows Resolve to […]

  • New Emission Control Rules from 2019 in Hong Kong

    18 July 2017

    Hong Kong will introduce its own regulation to require vessels plying Hong Kong waters to use cleaner fuel from January 2019, UK P&I Club informed.  The regulation is said to complement the efforts under the PRC’s Ministry of Transport’s action plan for the Hong Kong, Macau and PRD (Pearl River Delta). “A Clean Air Plan […]

  • Lysblink Seaways Falls Victim to Strong Winds, Drags Anchor

    23 February 2015
    Business & Finance

    The grounded DFDS cargo ship Lysblink Seaways was towed back out to sea on Sunday, February 22nd as part of contingency plan to stabilize the vessel as increased wind caused it to drag her anchor. According to UK Coastguard’s Sunday report, the vessel was stable and at anchor 1.5 miles east of Kilchoan in Mingary […]

  • Finland: STX Floats Out LNG Ferry

    13 August 2012
    Vessels

    The float-out of M/S Viking Grace, an environmentally friendly new generation cruise ferry, being built for Viking Line Abp was performed at STX Turku Shipyard on Friday. At the beginning of the event, the invited guests had an opportunity to visit the dry dock floor and see the ship from a rare perspective. The float-out […]