10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Concordia Maritime Secures New Deal with Total

    27 January 2014
    Business & Finance

    Concordia Maritime has inked yet another deal with Total, the French energy and oil company. The agreement covers the P-MAX Stena Paris, which will sail on one of Total’s special routes from South East Asia to Polynesia. The Stena Paris had previously been chartered to Total between 2005 and 2012. The new charter is for […]

  • GE Begins Prelude HPHT Risers Job

    11 April 2016
    Business & Finance, Equipment, Operations & Maintenance

    GE Oil & Gas has started production of four high pressure, high temperature (HPHT) dynamic flexible risers destined for Shell’s Prelude FLNG facility, located 250km off the coast of Western Australia. GE has partnered with Shell on the project since 2011, following an initial order for turbomachinery equipment. The two companies have since collaborated on the subsea […]

  • 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 […]

  • ‘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 […]

  • 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 […]

  • 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 […]

  • Santos Encounters Gas Pay Offshore Bangladesh

    16 February 2012

    Australia’s Santos yesterday reported a gas discovery offshore Bangladesh, explaining that Sangu-11 has penetrated a new gas reservoir in the Sangu area with approximately 20 metres of good quality gas pay. The well will be completed and tied into the Sangu facilities and will provide incremental gas to Chittagong in the coming months once marketing […]

  • Chevron Hires ‘Blackford Dolphin’ for North Sea Drilling

    19 December 2013

    Dolphin Drilling Ltd has entered into a contract for a minimum period of 572 days with Chevron North Sea Ltd for work in the UK sector of the North Sea with the semi -submersible Blackford Dolphin. The contract is expected to start early second quarter 2015 in direct continuation from previously announced contracts with the Blackford Dolphin. The estimated contract value […]

  • 6th Asia LNG Summit 2011 to Take Place in Shanghai, China

    15 August 2011

    6th Asia LNG Summit (organized by CPPEI and Global Leaders Institute, Shanghai, China, Oct 26th – 28th) supported by the top three oil companies in China – CNOOC, CNPC and Sinopec – attracted more than 1,000 participants from 2006 to 2010. The recovery in global LNG consumption in 2010, combined with anticipated gas demand growth […]

  • VIDEO: FPSO Turritella produces first oil for Shell

    9 September 2016
    Infrastructure

    Earlier this week, oil giant Royal Dutch Shell started production from the Stones development, the world’s deepest offshore oil and gas project, located in the U.S. Gulf of Mexico.  The host facility for the Stones field is the Turritella floating, production, storage and offloading (FPSO) unit owned and operated by a Joint Venture owned by affiliated companies […]

  • 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 […]

  • 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 […]

  • Shah Deniz Stage 2 and SCP Expansion Projects Announced

    17 December 2013
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil ASA has together with partners in the Shah Deniz consortium in Azerbaijan today made a final investment decision for the stage 2 development of the Shah Deniz gas field in the Caspian Sea offshore Azerbaijan. Statoil also enters an agreement to divest a 10% share of its 25.5% holdings in Shah Deniz and the […]

  • Fearnleys Shows Slight Market Recovery

    25 April 2014
    Business & Finance

    Over the last week, 62 firm newbuilding orders have been reported, according to Fearnleys. Optional vessels are being declared in all segments as newbuilding prices are still firming. Vogemann has declared their option for another 4 Newcastlemax vessels from JES. Price reported to 53 mill USD, which is about 4 mill USD below current price level at […]

  • 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 […]

  • Euronav: VLCC and Suezmax Rates Recovering

    24 July 2014
    Business & Finance

    Suezmax rates have reached their highest level since January 2014, said Paddy Rodgers, CEO at Euronav, Belgium-based tanker owner and operator, adding that crude oil tanker rates should remain strong in the coming months due to positive seasonal demand factors and improving underlying supply/demand fundamentals.   “The second quarter was dominated with one of the […]

  • XPRIZE Winners Meet with Japanese Prime Minister

    19 September 2019
    Business & Finance

    Members of the GEBCO-Nippon Foundation Alumni Team have met with Japanese Prime Minister Shinzo Abe in Tokyo on Wednesday, to explain the concept that won them the $4 million Shell Ocean Discovery XPRIZE for seafloor mapping and to talk about their shared vision to map the entire seafloor by 2030. The GEBCO-NF Alumni Team, made […]

  • 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 […]

  • Total Becomes Consulting Partner in Plexus’ JIP

    20 December 2012

    Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces that the major worldwide French oil and gas operator has through Total E&P Recherche Developpement SAS (‘Total’) signed up as an additional consulting partner to Plexus’ Joint Industry Project (‘JIP’) to develop […]

  • Governor Scott Welcomes President Obama to Florida (USA)

    28 March 2013
    Business & Finance

    The day before President Obama’s arrival at PortMiami, Governor Rick Scott held a conference call with Florida Ports Council Chairman and Director of PortMiami Bill Johnson to discuss the state’s incredible investment in Florida ports and question whether the President’s port visit will come with a reimbursement to state taxpayers for paying the federal cost […]

  • Poland: PGNiG Finds Gas Shows at Komorze-3K Well

    25 July 2012

    FX Energy reported gas shows from the top level of the Rotliegend sandstones at the Company’s Komorze-3K well. The gas shows were observed on the mudlogging unit during coring of the interval from 3,971 to 3,985 meters. The planned operations for the well are to core and drill to a total depth of 4,075 meters, […]

  • New Recognition for Medmerry Managed Realignment Scheme

    21 June 2016
    Business & Finance

    The much-acclaimed Medmerry Managed Realignment Scheme has once again enjoyed success – this time on a global stage at a recent international awards ceremony in Miami, USA. The latest accolade for Medmerry is an Environmental Excellence Award from the World Organisation of Dredging Associations (WODA), which was presented at WODA’s triennial international conference (13-17 June). […]

  • German airport operator seeks offshore wind power

    8 June 2020
    Project & Tenders

    German transport company Fraport AG plans to procure electricity generated at wind farms selected in Germany’s last two offshore wind auctions. Fraport AG, the operator of the Frankfurt Airport in Frankfurt am Main, intends to sign one or more power purchase agreements (PPAs) with offshore wind farm operators. The company seeks to procure around 350 […]