10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • NGI, Plaxis jointly form XG Geotools

    24 April 2014
    Business & Finance, Equipment

    Today NGI from Norway and Plaxis from the Netherlands announce the establishment of their joint venture XG Geotools bv. XG Geotools will produce and market cloud based software tools tailored for design tasks in offshore geotechnical engineering. These tools will combine the in-depth subject knowledge and software design skills of both companies. The first tool […]

  • VIDEO: Future USS Detroit Takes a Plunge

    21 October 2014
    Business & Finance

    The Lockheed Martin -led industry team launched the seventh Littoral Combat Ship (LCS), Detroit, into the Menominee River at the Marinette Marine Corporation (MMC) shipyard. Following christening and launch, Detroit will continue to undergo outfitting and testing before delivery to the Navy in 2015. The U.S. Navy awarded the contract to construct Detroit in March […]

  • Northland Expects Gemini & Nordsee One to Generate EBITDA of up to EUR 370M in 2018

    25 February 2016
    Business & Finance

    Canadian company Northland Power said that, excluding investment income from the subordinated debt, its management expects Gemini and Nordsee One offshore wind farms to generate an adjusted EBITDA of EUR 170-190 million and EUR 160-180 million, respectively, once the two wind farms are fully operational in 2018. The amounts are reflecting Northland’s equity interest in the offshore […]

  • Deepwater to play critical role in energy supply

    31 March 2014

    Deep water is expected to play a critical role in delivering energy; many forecasts predict that more than 300 billion bbl of crude oil needs to come from deep water, approximately 10% of the overall crude to be found.

  • More idle time for Saipem’s semi-sub Scarabeo 5

    13 April 2016
    Exploration & Production

    Saipem’s semi-submersible drilling rig Scarabeo 5, built at the Fincantieri Shipyard in Italy in 1990, will have to wait some more before it starts working for Statoil again. Namely, Norwegian oil and gas company Statoil reportedly decided to prolong a suspension period for Saipem’s semi-sub drilling rig. The rig is under a contract with the Norwegian company […]

  • Lake Decatur Dredging to Finish Ahead of Schedule

    24 November 2017
    Business & Finance, Project & Tenders

    Crews with Great Lakes Dredge and Dock are making good progress with the removal of sediment from the bottom of Lake Decatur. According to Matt Newell, interim director of the Decatur Public Works Department, the works are progressing well in Basin 3, between U.S. 36 and East William Street Road, and will shut down for the year before […]

  • Yard stays, rig start-ups bring Maersk Drilling’s 2Q profit down

    20 August 2014

    Financial result was impacted by three rigs undergoing planned maintenance, upgrades and class surveys, and start-up costs

  • EIA: Half of 2013 Power Plant Capacity Additions Came from Natural Gas

    9 April 2014

    Natural gas-fired power plants accounted for just over 50% of new utility-scale generating capacity added in 2013. Solar provided nearly 22%, a jump up from less than 6% in 2012. Coal provided 11% and wind nearly 8%. Almost half of all capacity added in 2013 was located in California. In total, a little over 13,500 […]

  • MacGregor to Equip Twelve 19,200 TEU Sea Giants

    6 April 2016
    Business & Finance

    MacGregor, part of Cargotec, a Finnish provider of cargo-handling machinery for ships, has secured contracts to supply loose lashing equipment for twelve 19,200 TEU container vessels under construction in South Korea for an undisclosed European owner. The equipment is planned for delivery during 2016. Six containerships are being built at Daewoo Shipbuilding and Marine Engineering […]

  • OTE bets on Philippines’ OTEC potential

    8 September 2017
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    Ocean Thermal Energy Corporation (OTE) has unveiled plans to introduce ocean thermal energy conversion (OTEC) projects to the Philippines.

  • PSI Lays Keel for APT’s 2nd LNG-Ready Product Tanker

    19 May 2016
    Business & Finance

    Philly Shipyard (PSI), part of Philly Shipyard ASA, held yesterday a keel laying ceremony for the second product tanker in a four-vessel order for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan.  Once completed in 2017, the tanker will be 600 feet long and capable of carrying 50,000 tons of crude oil or refined […]

  • FoundOcean Sets Sights on Mexico Following PEMEX Registration

    20 May 2014
    Business & Finance, Project & Tenders

    Following a very successful OTC, FoundOcean has announced that it has been awarded approved supplier status for offshore grouting services in the Mexican region by state-owned petroleum company, PEMEX. FoundOcean will provide a full range of offshore services from subsea foundation installation works, to inspection, repair and maintenance solutions. “This approval is very important to […]

  • Caspian Sunrise completes acquisition of drilling vessel

    20 October 2020
    Business & Finance, Business Developments & Projects, Vessels

    Caspian Sunrise, an oil and gas company with a focus on Kazakhstan, has completed the acquisition of the Caspian Explorer drilling vessel.

  • Petrobras: 17.000 people to be trained for work in oil & gas sector

    7 May 2014
    Business & Finance

    This Tuesday (May 6th), Paulo Sergio Rodrigues Alonso, the Petrobras CEO’s special advisor on local content and executive coordinator of Prominp (National Oil and Gas Sector Mobilization Program), revealed that a total of seventeen thousand people will be trained to work in the oil and gas sector between now and 2016.   The executive said […]

  • VIDEO: Bayards Aluminium, Barge Master design first aluminium MCH

    2 May 2014
    Business & Finance, Equipment

    In the offshore industry operational hours are valuable and uptime is critical. Most people would agree that vessel motions currently have a larger than preferred effect on the safety and costs of offshore operations. The market requires a solution that increases the window for offshore helicopter landings in severe weather conditions. Bayards Aluminium constructions, a […]

  • RS: New Phase of LNG Carriers Training Completed

    7 March 2014
    Business & Finance

    Russian Maritime Register of Shipping (RS) has carried out a new phase of surveyors training on classification services for LNG carriers. The first phase (2008 to 2010) was carried out by RS in cooperation with American Bureau of Shipping (ABS) and included a theoretical course for surveyors according to joint programme and a practical training […]

  • Russia: USC Receives Order to Design New Aircraft Carrier for Defense Ministry

    21 November 2011

    Russian defense ministry ordered a conceptual design for prospective aircraft-carrying cruiser from JSC United Shipbuilding Corporation (USC), reports Interfax citing defense minister Anatoly Serdiukov. He noted, however, that State Arms Program 2011-2020 did not provide financing for construction of such ships. “No money assigned for that till 2020, and we’ve no such plans“, said the […]

  • Vestas 3Q EBIT Down to EUR 84 Million (Denmark)

    9 November 2011

    Vestas generated revenue of EUR 3,798m in the first nine months of 2011, which was in line with the year-earlier period. EBIT declined by EUR 136m to EUR (84)m. The EBIT margin was (2.2) per cent. The free cash flow improved significantly to EUR (218)m from EUR (878)m in the first nine months of 2010. […]

  • Over 110 Gigs for Oman Shipping Company’s VLCC Chartering Desk

    1 August 2018
    Business & Finance

    Oman Shipping Company’s VLCC commercial chartering desk secures over 100 fixtures with world oil majors.

  • Ship Size Revolution Boosts Port Productivity

    5 August 2014
    Business & Finance

    The top 25 port and terminal operators in each region around the globe all increased productivity in 2013, according to the latest data on port productivity provided by the Journal of Commerce (JOC). The JOC database relates to specific data from individual terminals based on average moves per hour, counting in  ports that clocked up […]

  • High Turnout of Norwegian Companies at OTC in Houston

    7 May 2014
    Business & Finance

    Approximately 100 000 people are attending the Offshore Technology Conference (OTC) in Houston this week. Included are 80 Norwegian companies. “USA is an increasingly important area of growth, and we see the importance of being present,” comments Ulstein’s CEO, Gunvor Ulstein. Several Ulstein designed vessels are working in the Gulf of Mexico with Galveston as […]

  • Fincantieri to Build Two More for Viking Ocean Cruises

    18 April 2017
    Business & Finance

    Italian shipbuilder Fincantieri has signed a memorandum of agreement for the construction of two additional cruise ships, with an option for another two, with Viking Ocean Cruises. The 47,800 gross ton newbuilds, which will be sister ships to the six already ordered vessels, are expected to enter the Viking fleet in 2021 and 2022, respectively. […]

  • BHP Billiton strikes oil at Trion appraisal well (Mexico)

    22 January 2019

    Australian industrial giant BHP Billiton has struck oil at an appraisal well at the Trion field offshore Mexico. The company which spudded the well on November 15, 2018, said the first appraisal well at Trion in Mexico (Trion-2DEL) encountered oil, “in line with expectations.” “This was the first well drilled by an international operator in […]

  • Eidesvik Offshore expects healthy PSV market in North Sea

    27 February 2014
    Business & Finance

    Eidesvik Offshore has announced in their quarterly results that the operating profit (EBIT) for Q4 2013 was MNOK 81,0 compared to MNOK 44,0 for the same period last year. Operating income was MNOK 237,9 compared to MNOK 223,7 for the same period last year. Profit for the quarter was MNOK 31,8 compared to MNOK 38,5 […]

  • Ensco lands new jack-up deals while preparing to stack more rigs

    14 October 2016
    Business & Finance, Exploration & Production

    UK-based offshore driller Ensco has been awarded several new drilling contracts for its jack-up rigs while also preparing to stack other rigs that remained unemployed.  According to Ensco’s latest fleet status report on Thursday, the 1981-built jack-up rig drilling rig Ensco 84 has been awarded a contract extension with Saudi Aramco from late December 2016 until […]