10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Fincantieri Floats-Out Costa Cruises’ Future Flagship

    18 November 2013

    Costa Cruises’ future flagship, the $739 million Costa Diadema, was floated out few days ago during a technical launch ceremony at the Fincantieri shipyard in Marghera, Italy.  “Costa Diadema will be our new flagship and our tangible commitment to the future success and growth of our company,” said Michael Thamm, chief executive officer of Costa […]

  • Aker BP to boost output in 2017

    16 January 2017

    Norwegian E&P player Aker BP expects to boost its production in 2017, aiming for a 12 percent growth rate by 2023.  In 2016, Aker BP’s production was 118,200 barrels of oil equivalents per day (boepd), about 80 percent oil and 20 percent gas, the company said on Monday. In 2017, production is expected to increase […]

  • EPA: Reviews of 25 New England Site Cleanups

    26 November 2014
    Business & Finance

    EPA has completed its review of site cleanups at 22 Superfund Sites and 3 Federal Facilities across New England by conducting Five-Year Reviews of each site, as required under the Superfund statute. EPA conducts evaluations every five years on previously-completed clean up and remediation work performed at Superfund sites and Federal Facilities listed on the […]

  • McDermott-CB&I merger clears antitrust hurdle in U.S.

    25 January 2018
    Business & Finance

    A merger transaction between McDermott and CB&I, has cleared an antitrust hurdle in the U.S. with early termination of Hart-Scott-Rodino (HSR) waiting period. 

  • Technip Wins Subsea Installation Gig at Gryphon Area, Offshore UK

    6 September 2011
    Business & Finance

    Technip was awarded an installation contract, worth approximately €40 million, by Maersk Oil North Sea UK Limited for the Gryphon Area Reinstatement Programme – GARP(1), located about 320 kilometers North-East of Aberdeen in 110 meters of water. This contract covers installation of 15 dynamic risers(2), 2 dynamic and 2 static umbilicals(3), 11 flexible flowlines(4) as […]

  • USA: Subsea 7 to Exhibit at Offshore Technology Conference

    24 April 2012
    Business & Finance, Equipment

    Subsea 7, a global leader in seabed-to-surface engineering, construction and services to the offshore energy industry, will be exhibiting the wealth of its expertise and some of its new groundbreaking technology at this year’s Offshore Technology Conference (OTC) in Houston, USA, from 30 April to 3 May. Subsea 7 will deliver seven conference papers and, […]

  • The Cutting-Edge ‘Cecon Pride’ Named at Davie, Canada

    29 October 2013

    Chantier Davie Canada Inc. (Davie) held, Oct 25th, naming ceremony for the 717th ship launched at its facility, an advanced multipurpose subsea construction vessel. The cutting-edge ‘Cecon Pride’ has been built at Davie for export to Norwegian Oilfield Services company, Cecon. At 130 meters long, the Cecon Pride has been built to conform to the […]

  • Equinor to use Taurob robots for offshore inspection

    13 April 2021
    Business Developments & Projects, Operations & Maintenance, Research & Development, Technology

    Norwegian oil major Equinor has teamed up with inspection robotics specialist Taurob for the use of autonomous robots on its oil and gas installations.

  • Neon Energy withdraws from Tanjung Aru PSC

    5 May 2014
    Business & Finance, Project & Tenders

    KrisEnergy Ltd, an independent upstream oil and gas company, announced that Neon Energy will be required to withdraw from the Tanjung Aru production sharing contract, offshore Kalimantan in Indonesia. Under the PSC’s joint operating agreement (“JOA”) KrisEnergy and Neon Energy entered into a deed of carry with Natuna to pay a portion, up to an […]

  • Canada: B.C. Boosts Natural Gas Industry

    26 February 2014

    To stimulate job creation and industry growth in the oil and gas sector, the province of British Columbia will make $120 million in royalties available for new road and pipeline projects under the Infrastructure Royalty Credit Program (IRCP). New investments in infrastructure projects will increase industry’s access to promising resource areas, and support year-round work in […]

  • Photos: Hapag-Lloyd Names LNG-Ready Behemoth in UK

    17 July 2018
    Business & Finance

    Hapag-Lloyd names containership in the United Kingdom after twenty years.

  • BP plans to cut 600 jobs in North Sea

    12 January 2016

    British oil major BP has made plans to slash 20 percent of its North Sea workforce by the end of 2017 bringing 600 jobs at risk. According to STV News, this move is part of a plan by BP to axe 4000 jobs globally as a result of an oil downturn. Worth noting, BP has nearly 4000 people […]

  • STX France – Floating Out of New Dredger ‘St Pierre’

    26 March 2012
    Business & Finance

    On March 24th, STX France Lorient yard has floated out the St Pierre trailing suction hopper dredger ordered in July 2010 by STFMO, subsidiary of Sablières de l’Atlantique. Following her keel laying held last September, this floating out is another important milestone in the contract, before her delivery in summer 2012. With this new step, […]

  • Kvaerner, Aker Solutions, and Samsung to work together on FPSO projects

    12 December 2019
    Business & Finance, Infrastructure

    Kvaerner has revealed its plan to grow annual revenues to above NOK 10 billion ($1.1B) for the year 2023. In addition, Kvaerner has entered into an agreement with Samsung Heavy Industries and Aker Solutions for the joint delivery of  FPSO contracts.

  • November Update on Mill River

    17 November 2015
    Business & Finance, Project & Tenders

    The Connecticut Department of Energy & Environmental Protection (DEEP) has just released November update on the cleanup of lead impacted sediment from the Mill River. DEEP – together with the contractor TRC – is currently dredging, dewatering, treating the filtrate water and discharging treated water back to the Mill River at the facility on Exide’s property in […]

  • One More 20T Multi-Purpose Catamaran for CTruk

    26 June 2013

    Essex-based CTruk topped off a busy first day at Seawork International by signing an agreement with a new client, Paul Knight, for their now proven composite 20T multi-purpose catamaran design. “For me the fuel savings gained from the lighter composite construction stood out as key in an industry that was becoming increasingly competitive as well […]

  • BWS Secures Port Logistics Contract for Horns Rev 3

    26 September 2017

    Blue Water Shipping (BWS) has won the port logistics contract for Vattenfall’s 400MW Horns Rev 3 offshore wind farm in the Danish North Sea.

  • Port of Fujairah Readies for IMO 2020 as It Introduces Low Sulphur Bunkers

    25 February 2019

    The UAE-based Port of Fujairah has started offering the IMO 2020-compliant 0.5% sulphur bunker fuel oil.

  • Cairn Provides Update on Drilling Campaign Offshore Greenland

    13 September 2011
    Business & Finance, Project & Tenders

    The following operational update relates to Cairn’s exploration drilling campaign offshore Greenland.  Gamma-1 Well: Eqqua Block, West Disko Area The Gamma-1 exploration well, drilled by the Ocean Rig Corcovado drill ship, located in 1,520 metres (m) of water and 294 kilometres (km) from Aasiaat, in the Eqqua Block in the West Disko area has reached […]

  • Papua New Guinea: Oil Search Reports Results for the Year Ended 31 December 2010

    22 February 2011

      Oil Search today announced financial results for the year ended 31 December 2010. Commenting on the 2010 results, Mr. Peter Botten, Oil Search’s Managing Director, said the following: 2010 Full year results “Oil Search’s 2010 full year net profit including significant items was US$185.6 million, 39% higher than in 2009. The profit increase was […]

  • Linde Group to Construct Fuel Gas System for New LNG Icebreaker

    16 June 2014
    Business & Finance

    The Linde Group has been awarded a contract by Arctech Helsinki Shipyard of Finland to build a liquefied natural gas (LNG) fuel gas system for a new icebreaker for the Finnish Transport Agency. The vessel has been designed especially for the demanding icebreaking operations in the Baltic Sea. The LNG tanks will be the biggest […]

  • Pirates Hijack Product Tanker in South China Sea

    8 July 2014

    Another commercial ship appears to have fallen victim of pirate attacks. Namely, Honduras registered product tanker Moresby 9, carrying 2200 metric tonne of Marine Gas Oil (MGO) was boarded by unknown number of perpetrators on July 4th at about 1938 hrs (local time) approximately 34 nautical miles from the Anambas Islands, Indonesia, ReCAAP ISC said. […]

  • Germany: Preparation of Operation for Global Tech I Entering Crucial Phase

    21 August 2013
    Business & Finance

    The project company Global Tech I Offshore Wind GmbH continues to expand its management team. With the progressive establishment of the North Sea wind farm Global Tech I, detailed structure and the organization of its future operation plays an important role. For this reason, Dr. Claus Burkhardt has been appointed as technical director of the […]

  • Malaysia: Nam Cheong Sells Accommodation Work Barge to CNN Capital

    18 January 2012
    Business & Finance

    Nam Cheong Limited, global Offshore Support Vessel (OSV) shipbuilder that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, announced that it has, through its wholly-owned subsidiary Nam Cheong International Ltd, sold a RM84 million (approximately S$34.3 million) 300 men Accommodation Work Barge (AWB) to CNN Capital Bhd, a new Malaysian customer. […]

  • When is a final investment decision (FID) not a FID?

    10 February 2017

    Large upstream projects are more often delivered by a group of partners rather than a single 100% owner.