10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Shell to Sell Interest in Parque das Conchas for $1B (Brazil)

    29 January 2014

    Shell will sell a 23% share in the Parque das Conchas (BC-10) project offshore Brazil to Qatar Petroleum International for approximately US $1 billion.  Shell will continue to operate BC-10 with a 50% working interest and retains a significant upstream presence in Brazil. Currently, BC-10 is producing approximately 50,000 boe/d. Since coming on-stream in 2009, BC-10 has produced […]

  • Talisman Slashes 2013 Budget. Puts Focus on Americas and Asia-Pacific

    6 March 2013
    Business & Finance

    Canada’s Talisman Energy today announced it will slash its capital expenditure for 2013 by 25% compared to 2012. The capital budget for this year has been set at $3 billion. “The objective of our 2013 capital and operating plan is to increase total shareholder returns by unlocking net asset value and growing cash flow per […]

  • Dry Cargo Market Collapse Affects Norden’s Earnings in Q1

    7 May 2019
    Business & Finance

    Norden closed Q1 2019 with a net loss, impacted by a decline in the dry cargo market.

  • ROVOP Expands ROV Fleet with Five New Vehicles

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

    Rapidly growing subsea specialist ROVOP is set to take delivery of five new remotely operated vehicles (ROVs), representing an investment of £17million (approx. $28million) and building significantly upon the company’s market-leading fleet of ROVs. The ROVs include two UHD-III’s, which are the most advanced heavy-duty work-class vehicles in the market, as well as three HD […]

  • Octanex spuds first of three Ophir wells

    2 June 2017
    Exploration & Production, Project & Tenders

    Australian oil and gas company Octanex started drilling the Ophir A1 well on Friday using the UMW Naga 2 jack-up drilling rig.  To recall, the rig started demobilizing from its previous drilling location and headed to the Ophir field for a three-well drilling campaign at the end of May. The Ophir A1 well is the […]

  • ABB Equips Finnish LNG Icebreaker with Electric Power Plant and Propulsion Units

    12 May 2014
    Equipment, Project & Tenders, Vessels

    ABB, a global leader in power and automation technology, has secured a new order to supply electric power plant and Azipod propulsion units for one icebreaker vessel built for Finnish Transport Agency (FTA) at Arctech Helsinki Shipyard. The competitive bidding was done between several suppliers. Due for delivery in 2016 and set for operation in […]

  • Maersk Group Delivers the Best Result Ever (Denmark)

    23 February 2011

      The A.P. Moller – Maersk Group today presents a profit of USD 5 billion. “Our people have done a truly great job,” says Group CEO Nils S. Andersen. In 2011, the Group will focus on expanding business and maintaining high profitability. Thanks to increased competitiveness and a rebound in the global economy, the Group […]

  • USA: Keppel Delivers EXL Jack-up Rig to Rowan

    12 September 2011
    Business & Finance

      Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has completed the delivery of its fourth EXL jack-up rig to a subsidiary of Rowan Companies, Inc. (Rowan)  with a perfect safety record, four months ahead of schedule and within budget. The jack-up rig was christened Rowan EXL-IV […]

  • USA: Hercules Offshore Increases its Stake in Discovery Offshore

    14 September 2011
    Business & Finance

    Hercules Offshore, Inc. announced today that it has acquired an additional 6.1 million shares of Discovery Offshore S.A. (“Discovery Offshore”) at an average price of NOK9.02 per share. With this latest purchase, Hercules Offshore has invested a total of approximately $34.1 million in Discovery Offshore, and currently holds a 28% ownership interest in Discovery Offshore. […]

  • Boskalis 2018 Results: Relatively Stable Year for Dredging & Inland Infra

    7 March 2019
    Business & Finance

    Boskalis has closed 2018 with a lower result, in line with expectations – net operating profit was EUR 83 million (2017: EUR 150 million). Including an almost entirely non-cash extraordinary charge of EUR 519 million there was a net loss of EUR 436 million, said the company. Revenue rose 10% compared to the previous year to EUR 2.57 […]

  • TechnipFMC Sees Profit Rise Despite Lower Revenues

    25 October 2018
    Business & Finance

    TechnipFMC has recorded higher profit in the third quarter of 2018, despite lower revenues. During the third quarter of 2018, the company reported net profit of $136.9 million, or $0.30 per diluted share, compared to $121.0 million in the same period of 2017. Total revenue was $3.1 billion compared to $4.1 billion in Q3 2017, a decrease of 24.1%, the company informed. […]

  • USA: Great Lakes Reports 2011 Results

    22 February 2012
    Business & Finance

    Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition and remediation services, today reported financial results for the quarter and year ended December 31, 2011. Commentary Chief Executive Officer Jonathan Berger said, “We finished 2011 with a solid fourth […]

  • Woodfibre LNG Community Committee Formed

    12 June 2014

    The District of Squamish has formed a Community Committee to help staff objectively assess the proposed Woodfibre LNG  project and provide input to both District Council and the project proponents as the proposed project progresses through its review processes. After  receiving a large number of high-calibre applications from highly-educated, deeply experienced individuals representing a range of backgrounds the […]

  • Bureau Veritas: Increasing Need for LNG Inspection (INTERVIEW)

    12 December 2013

    In order to find out more about the Bureau Veritas LNG Inspectorate services, their plans to expand in the offshore and LNG segments, global LNG trade and 2015 growth strategy, LNG World News spoke with Bureau Veritas representatives Yvo J. Jansen, Director BV Industry & Facilities Benelux, Nordic & Baltic Region and Martijn Nieuwenhuijs, Deputy Chief Executive […]

  • Carnegie Becomes Semi-Finalist in Australian Technologies Cleantech Competition

    27 May 2014
    Business & Finance, Equipment

    Wave energy developer Carnegie Wave Energy Limited has been selected as a semi-finalist in the Australian Technologies Cleantech Competition. Carnegie is one of only two ASX-listed companies to be selected as a semi-finalist among 228 entries. The Australian Technologies Competition (ATC) shortlisted 36 of Australia’s technology companies to be part of the 2014 ATC business […]

  • Talisman Sells Share in Montney Acreage to Progress Energy Canada

    8 November 2013

    Talisman Energy announced that it has reached an agreement to sell part of its Montney acreage in northeast British Columbia to Progress Energy Canada for a total cash consideration of CDN$1.5 billion. The transaction represents the sale of approximately: 75% (~127,000 net acres) of Talisman’s Montney position in the Farrell Creek and Cypress areas of […]

  • ICTSI Posts Lower Profit Despite Surge in Revenue

    10 August 2015
    Business & Finance

    Manila-based port operator International Container Terminal Services, Inc. (ICTSI) improved its throughput and revenue in the first half of 2015, but its net profit was down 1% due to one-off gains and charges from its operations in Asia and South America. ICTSI’s net profit for 1HFY2015 was USD 100.4 million, as compared to USD 101.7 million net […]

  • PIRA: Tensions Surrounding Crimea Have Very Little to Do with LNG Market Directly

    27 March 2014

    PIRA Energy Group believes that tensions surrounding the changing status of Crimea have very little to do with the LNG market directly. In the U.S., there was a modest storage draw for the reference week. In Europe, weather-related losses in March are looking sizable once again. Tensions surrounding the changing status of Crimea have very […]

  • Total fires up second Kaombo FPSO offshore Angola

    2 April 2019
    Infrastructure, Project & Tenders

    Total has started up production on Kaombo Sul, the second floating production storage and offloading (FPSO) unit of the Kaombo project, located on Block 32, 260 kilometers off the coast of Luanda,

  • USA: ICE Chooses Platts Data for LNG Contracts

    3 September 2012

      Platts physical energy price assessments for liquefied natural gas (LNG) and petroleum products have been selected as the basis for nine new cleared over-the-counter (OTC) swaps contracts launched last week by the IntercontinentalExchange (ICE), an operator of OTC markets and futures exchanges. Last week’s contract launch by ICE, which includes a Japan Korea Marker […]

  • Five things you need to know about the OTEC Symposium

    29 July 2016
    Business & Finance, Research & Development, Technology

    We’re bringing you five things you need to know about the OTEC Symposium.

  • KOTC Names Two New Tankers

    21 March 2014
    Business & Finance

    KOTC celebrated naming of the two tankers “Dasma” and “Boubyan”. Naming of the new tankers comes within Phase III for fleet revamping that includes building 4 medium-range oil product tankers, 1 long-term petroleum product tanker AFRAMAX LR-2 being built by Hyundai Mipo and 4 supertankers VLCC being built by Daewoo. Dasma and Boubyan tankers are […]

  • European Commission Nods to Galloper OFTO Ownership Change

    28 August 2019
    Authorities & Government, Storage

    The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control over Diamond Transmission Partners Galloper (Holding) Limited by Diamond Transmission Corporation Limited (DTC) and InfraRed Capital Partners Limited (IRCP), all of the UK. Diamond Transmission Partners Galloper is the holding company of the offshore transmission owner (OFTO) for the Galloper […]

  • Contact Exploration continues Montney Kakwa development

    25 August 2014

    Contact Exploration said that the three Contact operated wells, at 2-18-63-5 W6M, 8-20-63-5 W6M and 9-20-63-5 W6M at Kakwa, drilled from the company’s first three-well pad, have each been successfully completed. Contact holds a 25% working interest in the New Wells. Each of the New Wells was drilled with lateral lengths exceeding 1,900 meters, being approximately 50% […]

  • NYSE pushes to delist Seadrill Partners. Driller set to appeal

    6 September 2019
    Business & Finance

    The New York Stock Exchange gas decided to suspend trading in securities of Seadrill Partners and has started procedure to delist the company, an affiliate of drilling contractor Seadrill, from the exchange. The NYSE reached its decision due to Seadrill Partner’s low market capitalization.