10000 results found for 'progress'

10000 results found for 'progress'
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  • IOG Files Vulcan Satellites Plan

    31 October 2017
    Business & Finance, Operations & Maintenance

    Independent Oil and Gas (IOG) has submitted the field development plan (FDP) for the Vulcan satellites hub development to the UK Oil and Gas Authority (OGA). The Vulcan satellites FDP covers the three 100%-owned and operated Southern North Sea gas fields recently officially renamed as Southwark, Nailsworth and Elland. The three Vulcan satellites fields are […]

  • SGS Makes New Executive Appointments

    25 October 2016
    Business & Finance

    Miami-based Subsea Global Solutions (SGS) has appointed Harun Duzgoren to their management team as executive director, Business Development & Strategy, effective October 21, 2016. Duzgoren joins SGS from maritime services provider V.Ships, where he had spent more than 16 years in different senior positions. His last remit with V.Group was to head up the business development […]

  • Technip Posts Profit Rise

    28 April 2016

    French oil services provider, Technip, posted net income of €114.4 million for the first quarter 2016 compared to €86.1 million in the same period last year. Adjusted revenue for the first quarter was €2.76 billion, down 4.2 percent from €2.88 billion a year ago. In addition, the company reported a record 82% vessel utilization rate […]

  • Iran: POGC Managing Director Stresses Importance of South Pars Project

    26 October 2012
    Business & Finance, Project & Tenders

    The South Pars Gas Field in southern Iran has 19 billion barrels of gas condensate reserves and 14.2 trillion cubic meters of in-place gas reserves, a senior Iranian oil official said, stressing that South Pars project is very important for Iran’s oil and gas industries. “The economic potentials of this region (South Pars) are 19 […]

  • Australia: Eni Moves Saipem 10000 Drillship Away from Gawain Well Due to Cyclone Threat

    5 April 2011
    Business & Finance, Project & Tenders

      Octanex N.L. (ASX Code; OXX) has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau  permit, WA-362-P, that at 06:00 hours WST (Western Standard Tme) on Monday, 4 April 2011, the drillship had sailed away from the well location. Late last week the Operator activated […]

  • DeepOcean Names New CFO

    17 June 2013

    DeepOcean Group, today announced that Dennis de Vreede will join DeepOcean as its Chief Financial Officer on 1 August 2013. Dennis takes over from Frank Eggink who will leave DeepOcean on June 30, 2013. Dennis de Vreede joins from Prologis, global market leader in the industrial real estate space, where he served as senior vice president, European finance […]

  • Expro Wins Supply Contract in China

    18 March 2013
    Business & Finance, Equipment

    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 […]

  • Premier Oil Buys More Into Bream Project Offshore Norway

    30 May 2012
    Business & Finance

    Premier Oil has signed a sale and purchase agreement (SPA) with Skeie Energy AS to acquire a 20 per cent equity interest in PL407 and a 40 per cent equity interest in the adjacent PL406 licence on the Norwegian Continental Shelf. This will increase Premier’s stake in the Bream project to 40 per cent and […]

  • SDX Energy withdraws from Cameroon block

    16 June 2016

    SDX Energy Inc. is withdrawing from a shallow water block in Bakassi West, Cameroon, deeming it a ‘non-core’ asset. The company’s decision follows an announcement in March regarding the completion of drilling activities on the Manatee-1X well, located in shallow water in the Rio Del Rey Basin, offshore Cameroon. SDX Energy held a 35% working […]

  • FDX Offshore Acquires Womar Logistics

    25 September 2019
    Business & Finance

    Maritime finance company FDX Offshore has acquired Singapore’s tanker pool operator Womar Logistics.

  • Norway Updates Strait of Hormuz Security Warning

    31 July 2019
    Rules & Regulation

    Norwegian-flagged vessels are advised to minimize transit in Iranian territorial waters.

  • Sigma Terminates Drillship Construction Contract with STX

    13 January 2014
    Business & Finance

    Vantage Drilling Company (“Vantage” or the “Company”) announced that Sigma Drilling Ltd. (“Sigma”) has terminated the construction contract for a new, high-specification drillship with STX Offshore & Shipbuilding Co. Ltd.(STX). STX had notified Sigma that it was suspending activity on the project on August 29, 2013 due to efforts to restructure their operations and finances. […]

  • Damen Names First Shoalbuster 3009 for SMIT Amandla

    29 October 2015

    The naming ceremony for the first of the two Damen Shoalbusters 3009 being built for SMIT Amandla Marine at Damen Shipyards Cape Town (DSCT), was held today. Jenny Coltman, Spouse of the Chairman of De Beers Group Services, named the vessel Aukwatowa. The Shoalbuster series of multi-purpose, shallow draught workboats are designed for inland and coastal […]

  • MAC Gets $10 Mln Nautilus Deposit

    2 February 2015
    Business & Finance, Project & Tenders

    Nautilus Minerals has pre-paid US$10 million of the US$18 million charterer’s guarantee that was to be provided to Marine Assets Corporation (MAC) on the start of the charter of the vessel, which is to be first deployed for use at the Company’s Solwara 1 Project. Under the terms of the Company’s vessel charter agreement with MAC, […]

  • OneSubsea R&D Project Creates New Jobs

    21 March 2016
    Research & Development

    OneSubsea is to invest £1.8 million in a new project for the development of its Standardised Modular Injection System (SMIS). The project, which will create five new jobs and safeguard a further 35, is being supported with a £434,126 R&D grant from Scottish Enterprise. It will be delivered from the company’s Aberdeen site. Energy Minister, Fergus Ewing, welcomed the news saying: “While […]

  • ¡VAMOS! Reaches Design Freeze Stage

    3 October 2016
    Research & Development

    After 18 months the ¡VAMOS! Consortium has reached the “design freeze” stage of the prototypes to be built, Damen Shipyards Group informed. ¡VAMOS!, the Viable Alternative Mining Operating System, is a 42-month research and development project launched to enable the opening and rehabilitation of underexploited European mineral deposits. The project is funded by the European Union’s […]

  • Aquind Interconnector Gets Ofgem Nod

    15 September 2016
    Business & Finance, Equipment

    Aquind has been given a green light by Ofgem for a project to build a £1.1 billion subsea and underground electricity cable linking Hampshire, UK with Normandy in France. The Aquind interconnector is due for completion in 2021 and should deliver up to 2GW of additional capacity to the UK power grid. Lord Callanan, a non-executive director […]

  • Norwegian Companies to Develop Submersible Fish Farming

    1 February 2016
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    In partnership with the companies Sinkaberg-Hansen and Egersund Net, Norway’s AKVA group has established the company Atlantis Subsea Farming AS with the purpose of developing submersible fish-farming facilities for salmon on an industrial scale. Atlantis Subsea Farming AS has applied for six development licences to enable large-scale development and testing of the new technology and operational concept. The work […]

  • Red Emperor farms into Hawkeye prospect. Drilling plans on schedule (Philippines)

    24 July 2015
    Project & Tenders

    Red Emperor Resources NL has today received formal notification from the Department of Energy of the Republic of the Philippines that approval for the assignment of the company’s 15% working interest in Block SC55 has been granted. This was the final condition precedent to be met with respect to Red Emperor’s farm-in agreement with Otto […]

  • Amec Foster Wheeler CEO steps down

    18 January 2016
    Business & Finance

    Amec Foster Wheeler, a provider of services for the international energy industry, has announced that Samir Brikho is stepping down as Chief Executive. Ian McHoul, Chief Financial Officer, has been appointed into the role of interim CEO with immediate effect and will chair the Group Leadership Team whilst the search for the new CEO is […]

  • DeepOcean lays keel for new cable layer

    14 November 2014
    Business & Finance, Equipment, Project & Tenders

    DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, has announced the symbolic keel laying ceremony has taken place in Galati, officially launching the construction phase of its new cable lay vessel. DeepOcean says that the vessel, yet to be named, will be taken on a long term charter from Maersk, and will extend DeepOcean’s […]

  • 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 […]

  • Aker Solutions’ profit rises

    13 February 2015

    Norwegian oilfield services provider Aker Solutions today reported its net profit for the fourth quarter of 2014 rose to 359 million Norwegian crowns from NOK 343 million a year ago. Converted to US dollars, 4Q 2014 profit was $47.4 million vs. $45 million in 4q 2013. The company’s revenue revenue rose 21 percent to NOK […]

  • 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 […]

  • 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 […]