10000 results found for 'progress'

10000 results found for 'progress'
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  • 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 […]

  • 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 […]

  • 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 […]

  • CHC makes interim chief financial officer permanent

    12 December 2017
    Business & Finance

    The interim chief financial officer (CFO) of helicopter operator CHC Group has been appointed to a permanent CFO role.

  • 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 […]

  • 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 […]

  • Eni completes Zohr stake sale to BP

    14 February 2017

    Italian oil company Eni has completed the sale of its 10% interest in the Shorouk concession, which contains the giant Zohr gas discovery off Egypt, to the British oil major BP. Eni reported on Monday that its CEO, Claudio Descalzi, CEO of BP, Bob Dudley, and the Egyptian Minister of Petroleum, Tarek El Molla signed […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • IOG makes small step towards Skipper drilling

    21 October 2015
    Business & Finance

    Independent Oil and Gas plc has raised £150,000 ($232,000) with certain investors, thus getting closer to drilling of the Skipper well in the North Sea later this year. According to IOG’s press release from Wednesday, the money came through the issue of 2,142,858 new Ordinary Shares at an issue price of 7p per share, representing […]

  • Pacific E&P in another name change

    12 June 2017
    Business & Finance

    Canadian crude oil & gas producer Pacific Exploration & Production Corporation has changed its corporate name to Frontera Energy Corporation. The company said on Monday the name change is an effort to mark the beginning of a new era for the company. Worth noting, the company already changed its name once just a little less […]

  • Woodside raises $1.24B for offshore projects in Australia, Senegal

    19 February 2018

    Woodside has raised A$1.57 billion (around $1.24 billion U.S. dollars) through an Institutional Entitlement Offer of new shares.

  • PHOTO: Ultra Deep’s DSCV Van Gogh on track for May delivery

    24 January 2018

    Ultra Deep Solutions has said that its DSCV Van Gogh is on track for delivery in May this year.

  • 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.

  • Chittagong Recycling Yard Gets Hong Kong Convention SOC

    23 October 2017
    Business & Finance

    PHP Family, a recycling yard in Chittagong, Bangladesh has received a Statement of Compliance (SOC) with the Hong Kong Convention (HKC) for the safe and environmentally sound ship recycling. Granted by international classification society RINA, the SOC is an important development towards a more sustainable ship recycling industry, further raising the bar in the standards for this sector […]