10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • USA: Shell Alaska Exploration Plan Gets Conditional BOEMRE Approval

    5 August 2011
    Business & Finance

    The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today issued conditional approval for a revised Exploration Plan (EP) submitted by Shell Offshore Inc. (Shell). The plan outlines Shell’s proposal to drill up to four shallow water exploration wells in Alaska’s Beaufort Sea beginning in July 2012. The leases to be explored under the […]

  • Keppel Wins Contracts Worth USD 110.6 Mln

    17 March 2014
    Business & Finance

    Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard), Keppel Singmarine Pte Ltd (Keppel Singmarine), and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) have secured contracts worth a total of about S$140 million (USD 110.6 million). Mr Michael Chia, Managing Director (Marine & Technology) of Keppel O&M, said, “We are happy […]

  • CSAV Merger, Strong Dollar Push Hapag-Lloyd to Black

    13 May 2015
    Business & Finance

    German container line Hapag-Lloyd ended the first three months of 2015 with a EUR 128.2 million (USD 144.2 million) net profit, shaking off the memories of the same period a year earlier, when the carrier saw a USD 119 million net loss. The improved results were chalked up to a rise in transport volume and revenue year-on-year […]

  • Russia: Severnaya Verf to Begin Construction of Two Navy Vessels

    31 January 2012

    Keels for two new vessels for Russian Navy – third Project 22350 frigate Admiral Golovko and Project 20385 lead corvette Gremyaschiy – will be triumphantly laid down on Feb 1 at 3 pm in slipways of Severnaya Verf shipyard, the yard’s press service told Central Navy Portal. That is going to be the most significant […]

  • Ophir Energy awards Upstream FEED deals for Fortuna FLNG

    9 July 2015
    Business & Finance, Infrastructure

    Ophir Energy has awarded Upstream Front End Engineering and Design (FEED) contracts for the Fortuna FLNG Project in Block R, Equatorial Guinea to two contractor consortia, (i) McDermott Marine Construction Ltd and GE Oil & Gas UK Ltd and (ii) Subsea 7 and Aker Solutions. The Upstream FEED will be a competitive process with the […]

  • Oman Shipping Company Welcomes New Ultramax to Its Fleet

    10 September 2019
    Business & Finance

    The Jabal Shams is one of four Ultramax bulkers scheduled for delivery to the company in 2019.

  • Jadestone returns to Stag drilling as cyclone Veronica weakens

    2 April 2019
    Exploration & Production

    Jadestone Energy has restarted drilling operations at its Stag oilfield located offshore Australia following the weakening of tropical cyclone Veronica. 

  • MOL’s propeller boss cap fins hit 3,500 vessel order milestone

    9 December 2020
    Business & Finance, Environment, Equipment, Innovation, Transition, Vessels

    Japanese shipping major Mitsui O.S.K. Lines said that its Propeller Boss Cap Fins (PBCF), marketed by its group company MOL Techno-Trade, has now been ordered for 3,500 vessels. PBCF is an energy-saving device attached to the propeller of a vessel. It breaks up the hub vortex generated behind the rotating propeller, resulting in energy savings […]

  • Rickmers-Linie Calls Myanmar

    30 April 2012
    Business & Finance

    With the lifting of trade sanctions, Rickmers-Linie is once again able to offer calls at Myanmar. Initially, the country’s main port, Yangon, will be served on inducement as part of the company’s Indian service and will cater for heavy lift cargo up to 800 tonnes in weight. The fleet of the Indian service consists of […]

  • New FPSO en route to join six other units at Petrobras’ deepwater field (Gallery)

    15 July 2025
    Business Developments & Projects, Project & Tenders

    A floating production storage and offloading (FPSO) unit has left Seatrium’s yard in Singapore for a field in Brazil’s Santos Basin operated by the country’s state-owned energy major Petrobras.

  • COSCO Group, China Shipping Sign Cooperation Agreement

    17 February 2014
    Business & Finance

    COSCO Group and China Shipping signed a Strategic Cooperation Framework Agreement in Ocean Plaza on February 13, 2014. The two sides will establish a comprehensive strategic partnership and a resource sharing mechanism in areas of shipping, terminal operation, logistics, shipbuilding, ship repair, etc. The agreement will help the two companies achieve advantage complementation and coordinated […]

  • MOL CEO: We Need to Drive Innovation

    4 January 2018
    Business & Finance

    CEO: MOL needs to drive new innovation as the tides of change are relentless.

  • Shell, Partners to Boost Production Offshore Brazil

    22 July 2013
    Business & Finance, Project & Tenders

    Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. “Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of our global strategy,” said John Hollowell, Executive Vice President for Deep Water, Shell […]

  • Lithuania’s Klaipedos Nafta to temporarily relocate FSRU

    30 March 2020
    Vessels

    Lithuania’s Klaipedos Nafta will temporarily relocate its floating storage and regasification unit (FSRU) Independence while Klaipeda’s port waters are being cleaned this week. From March 30 to April 5, the FSRU will be moved from the usual location of the LNG terminal near Kiaulės Nugara Island while operations of the facility will be temporarily suspended. […]

  • China: COSL Takes Delivery of New Semi-Submersible Drilling Rig

    21 October 2011
    Business & Finance

    On the morning of Oct. 21st, 2011, the Delivery Ceremony of COSLINNOVATOR was successfully held in Yantai. It is the second deep water semi-submersible drilling platform built by Yantai CIMC Raffles Offshore Ltd. (hereafter refers to CIMC Raffles) for COSL Drilling Europe AS (hereafter refers to CDE), a wholly-owned subsidiary of China Oilfield Services Limited […]

  • China Gas Industry to Be Worth 670 Bln Cubic Meters by 2020, Report Says

    25 June 2013

    “Research Report on China’s Natural Gas Industry Chain, 2013-2017” is the new market research reports added to ReportsnReports.com store. This report predicts that the supply volume of natural gas will reach 300 billion cubic meters by 2015 and it is likely to reach 670 billion cubic meters (850 million tons of standard coal) by 2020. According […]

  • MAN furnishing FPSO destined for oilfield project off Angola with compressor trains

    7 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    MAN Energy Solutions has been hired by Yinson to supply a total of 11 compressor trains for an FPSO, which will be deployed off Angola.

  • Europe gets first Sabine Pass LNG export cargo

    27 April 2016

    Portugal has on Tuesday received the first cargo from Cheniere’s Sabine Pass LNG export terminal in Louisiana. This is the first U.S. LNG cargo produced from shale gas to reach Europe.

  • Egypt: CNC Builds Damen’s Cutter Suction Dredger CSD500

    12 June 2012

    A Damen Cutter Suction Dredger, type CSD500, has been built under license by Canal Naval Construction for the Egyptian General Authority for Fish Resource Development. The customer, a long term Damen customer, requested local construction which was supervised by Damen Technical Cooperation (DTC). Damen delivered a complete dredging package so that the customer could start […]

  • Egyptian General Authority Gets Damen Cutter Suction Dredger

    12 June 2012
    Business & Finance

    A Damen Cutter Suction Dredger, type CSD500, has been built under license by Canal Naval Construction for the Egyptian General Authority for Fish Resource Development. The customer, a long term Damen customer, requested local construction which was supervised by Damen Technical Cooperation (DTC). Damen delivered a complete dredging package so that the customer could start […]

  • Saipem’s Castorone en route to Türkiye’s largest natural gas field for pipeline installation

    30 December 2024
    Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Vessels

    Saipem’s pipelay vessel Castorone is on its way to the Black Sea where it will perform offshore pipeline installation for the second phase of Türkiye’s largest natural gas field. On its way to the Sakarya project, Castorone crossed the Dardanelles Strait early on December 26, covering a distance of 36 nautical miles in approximately six […]

  • VT Halter Marine Partners with DCNS to Offer OPC Solution for U.S. Coast Guard

    2 October 2012

    VT Halter Marine, Inc. (VT Halter Marine), a subsidiary of VT Systems, Inc. (VT Systems), today announced its partnership agreement with DCNS to submit a proposal to the Department of Homeland Security (DHS) for the design and construction of the U.S. Coast Guard (USCG) Offshore Patrol Cutter (OPC). VT Halter Marine will be the prime […]

  • SBM Offshore wraps up $800M Turritella FPSO financing

    17 December 2015

    SBM Offshore, a Dutch company providing floating production solutions to the oil and gas industry, has completed the project financing of FPSO Turritella for a total of $800 million. The company said on Wednesday that project financing was secured by a consortium of twelve international banks with an average cost of debt of 3.5% over the […]

  • ‘Maersk Developer’ Receives High Grades from Anadarko

    22 November 2013

    At the recent quarterly customer satisfaction survey Maersk Drilling’s US based ultra deepwater semi-submersible drilling rig Mærsk Developer received straight sevens for an outstanding performance. It was the second time in 2013 the rig received top scores from a customer. On 25 October Mærsk Developer Rig Manager Lars Kasueske together with representatives from his rig […]

  • Drewry: Booming ME Refinery Capacity Bad News for Crude Tankers?

    25 August 2016

    A steep rise in refinery capacity in the Middle East could diminish oil trade growth and with it prospects for tanker shipping, according to shipping consultancy Drewry. The global crude oil trade, which surged last year on the back of strong growth in oil demand and stocking activity, is expected to continue to expand strongly over the next […]