10000 results found for 'progress'

10000 results found for 'progress'
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  • Bahamas Petroleum sets new spud date as Stena picks rig for offshore well

    25 September 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Offshore drilling contractor Stena Drilling has nominated a drillship to drill an exploration well offshore The Bahamas for Bahamas Petroleum Company (BPC).

  • Senergy Signs Up as Consulting Partner to Plexus’ POS-GRIP JIP

    25 February 2014
    Business & Finance, Equipment, Project & Tenders

    Senergy Holdings Limited has signed up as an additional Consulting Partner to Plexus’ on-going Joint Industry Project to develop and commercialise a new and safer subsea wellhead, utilising Plexus’ patented POS-GRIP technology. Other consulting partners to the JIP are Total E&P Recherche Developpement SAS, Maersk Oil North Sea UK Ltd, Shell International Exploration and Production […]

  • Eni enters new alliance to work on key sectors of energy transition

    23 December 2020
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Outlook & Strategy, Research & Development, Technology, Transition

    Italian oil and gas company Eni, CDP, and Snam have signed a Letter of Intent to start a strategic collaboration for the energy transition.

  • Potential sale of operatorship and stake in giant undeveloped North Sea discovery underway

    18 September 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Orcadian Energy has set the wheels into motion to sell a big chunk of its interest in a huge undeveloped North Sea field to an undisclosed player on the UK Continental Shelf (UKCS).

  • Coro Energy makes its first Indonesian acquisition

    3 September 2018
    Business & Finance

    Coro Energy has signed binding conditional agreements for the acquisition of a 42.5% interest in the Lengo gas field, offshore East Java.

  • Interview: More Boxships Set to Join Scrap Markets in 4Q

    29 August 2016
    Business & Finance

    As the shipping industry saw an abundance of vessels leading to overcapacity in the shipping industry, accompanied with depressed freight rates which signified a tough market, a number of shipowners opted to dispose of their vessels selling them for scrap. The second quarter of the year witnessed a total of 212 end-of-life ships sold for demolition […]

  • TITAN, American Salvors and T&T Salvage Complete Wreck Removal Project Off Chile

    1 July 2013
    Business & Finance

    Crowley Maritime Corp. subsidiary TITAN Salvage, based in Pompano Beach, Fla., and its partner T&T Salvage, a maritime emergency and salvage company based in Galveston, Texas, recently completed a challenging wreck removal project off the coast of Chile. The job, which involved the removal and scuttling (the process of strategically sinking a shipwreck) of a […]

  • Origin Energy Profit Drops (Australia)

    22 August 2013
    Business & Finance

    Origin Energy Limited (Origin) today announced a Statutory Profit of $378 million for the financial year ended 30 June 2013, down from $980 million reported in the prior year. The primary factors contributing to a decrease in Statutory Profit include a loss on the movement in the fair value of financial instruments, increased expenditure on […]

  • US administration urged to stave off drilling in Carolinas’ outer shelf

    18 June 2025
    Business Developments & Projects, Environment, Project & Tenders, Regulation & Policy

    Two governors, one from North Carolina and one from South Carolina, have sent a joint letter to the United States’ administration to remove the two states’ outer continental shelf lands from consideration in the upcoming 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program.

  • DeepOcean and Østensjø Rederi extend long-standing charters for three vessels

    21 January 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian ocean services provider DeepOcean has extended the charter agreements with Østensjø Rederi for three vessels, all under contract with DeepOcean since their delivery from shipyards. The companies have agreed to extend the existing contracts for Edda Freya and Edda Flora through 2026, and Edda Fauna through 2027, with additional options available for all three vessels. “This agreement, along with our […]

  • No more waiver extensions for Tidewater

    28 March 2017
    Business & Finance

    Offshore support vessel provider Tidewater is not seeking any further renewal of limited waivers from its lenders and noteholders following the expiry of the latest one.  After experiencing a significant decline in the utilization of its vessels, average day rates received, and vessel revenue due to lower oil and gas prices, Tidewater has implemented a number of […]

  • Japan to Buy 70 pct of LNG from Ichthys Project

    6 December 2011
    Business & Finance

    Ichthys Partners INPEX  and TOTAL said that the total volume of 8.4 million tonnes per annum (mtpa) of LNG from the Ichthys Project is to be sold, with approximately 70% of the Ichthys LNG to be delivered to Japan. Ichthys LNG Pty Ltd, a company jointly owned by INPEX and TOTAL and the seller of […]

  • Exmar to take delivery of Caribbean FLNG in April, cancels order for 2nd unit

    30 March 2017

    Belgium’s Exmar, the Nicolas Savery-led shipowner said it will take delivery of its Caribbean FLNG by the end of next month. The Caribbean FLNG is currently located at the Wison Offshore & Marine’s yard in Nantong, China. The 0.5 mtpa FLNG unit, with a 16,100-cbm storage capacity, was scheduled for delivery to Pacific Exploration and […]

  • Port of Corpus Christi Collects USD 216 Mn for Channel Expansion

    30 July 2018

    The Port of Corpus Christi has raised USD 216.2 million from the sale of Senior Lien Revenue Bonds.

  • Dorian’s LPG Exports on Track

    7 November 2014
    Business & Finance

    Owner and operator of LPG carriers Dorian LPG  is on track  to exceed 13 million metric tons of LPG exports this year, which is roughly a 50% increase over 2013, the company said in its latest quarter results. The growth, supported by export terminal expansions in the US Gulf, has continued to drive high global fleet utilization […]

  • Santos plummets to $1.1 bln loss on GLNG impairment

    19 August 2016

    Adelaide-based LNG player Santos on Friday reported a US$1.1 billion loss in the first half of 2016 due to a previously revealed impairment charge of $1.05 billion after tax for the GLNG project and lower oil prices.

  • VIDEO: Gorgon LNG project nearing completion

    10 March 2015

    Chevron-operated Gorgon LNG project execution activities have reached the 90% mark.

  • Santos’ strong results overshadowed by impairments

    20 February 2015

    Santos posted a 2014 underlying net profit of $533 million, up 6 percent on the previous year.

  • Petroceltic Successfully Bids for Patraikos Block Off Greece

    12 July 2013

    Petroceltic International plc, an oil and gas exploration and production company focused on North Africa, the Mediterranean and Black Sea regions,  has announced that a consortium comprising Petroceltic, Hellenic Petroleum S.A.(Operator) and Edison International SpA has submitted a successful bid for the Patraikos block, offshore western Greece. Each of the three companies in the joint venture […]

  • UK: ConocoPhillips Buys Lacewing from Trapoil

    6 January 2012
    Business & Finance

    Trapoil has sold, subject to DECC and partner approval, its 10 per cent. working interest in its Lacewing asset (P.1181, Block 23/22b) (“Lacewing”) to ConocoPhillips (U.K.) Limited (“ConocoPhillips”) for a consideration of £1 million (the “Consideration”) to be satisfied in cash on completion of the disposal, which is anticipated to be in approximately one month’s […]

  • Queen’s Speech: Oil industry to pay for new regulator? (UK)

    4 June 2014

    The UK government’s legislative programme outlined in today’s Queen’s Speech included a section on the Wood Report, which says that the new Regulator to oversee the UK’s offshore operations should be fully funded by the industry.

  • Vallourec wins pipe contract for TEN Project offshore Ghana

    26 May 2014
    Business & Finance, Equipment, Project & Tenders

    Vallourec has been selected to supply premium line pipes and welding services for the TEN ultra-deepwater oil and gas project, operated by Tullow Oil plc in Ghana, and executed by a consortium of Subsea 7 and Technip. Vallourec will provide Subsea 7 with seamless offshore line-pipe including anticorrosion coating for a total of 15,000 tonnes. The […]

  • Keppel delivers Coatzacoalcos jack-up

    26 November 2014
    Exploration & Production

    Keppel AmFELS LLC, a US subsidiary of Singapore’s Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.A. De C.V., a subsidiary of Mexico’s Perforadora Central S.V. De C.V.. According to Keppel, the rig was delivered on time, within budget and with zero loss time incidents. The […]

  • Noble Energy to acquire BP’s stake in 17 GoM blocks

    17 June 2014
    Business & Finance

    Noble Energy, Inc. today announced that it has reached an agreement with BP Exploration & Production Inc. to acquire 50 percent of BP’s interest in 17 deepwater exploration leases in the Gulf of Mexico. Each of the leases resides in the Atwater Valley protraction area, with Noble Energy acquiring a 50 percent working interest in […]

  • Atwood gets more drillship work from Kosmos

    10 August 2017
    Business & Finance, Exploration & Production

    Offshore driller Atwood Oceanics has won a one-well contract at an undisclosed dayrate for operations offshore Northwest Africa with Kosmos Energy for the ultra-deepwater drillship, the Atwood Achiever.   The new contract will start immediately following the completion of the well in progress under the existing contract and also includes six one-well priced options, Atwood informed on […]