10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Thrustmaster Secures Propulsion Deal at OTC

    9 May 2014
    Business & Finance

    Thrustmaster of Texas, a manufacturer of commercial marine propulsion equipment based out of Houston, closed out this year’s OTC by signing a contract with the Dutch Barge Company Thursday to supply a complete thruster package. Thrustmaster is staged to supply a complete thruster package to outfit a multi-purpose offshore supply vessel that will be classed […]

  • Latest Addition to OSC Fleet, VLCC TAQAH Named in South Korea

    15 October 2012

    Oman Shipping Company S.A.O.C. (OSC) named, few weeks ago, their latest Very Large Crude Carrier (VLCC) TAQAH, at Hyundai Heavy Industries (HHI) shipyard in Ulsan, South Korea. TAQAH has a 317,000 deadweight ton (DWT) capacity and is 333m in length overall, 60m in beam with a design draft of 21m. The vessel will be technically […]

  • 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 […]

  • Divex Delivers Deep-Sea Diving System for Russian Rescue Ship Igor Belousov

    29 February 2012

    Deep-sea diving system produced by Divex (Scotland) for Russian rescue ship Igor Belousov will be delivered, mounted, and tested by specialists of Russian company Tetis Pro which is going to provide 5-year long aftersales service and train operators. The contract with Tetis Pro will be signed in the nearest time, a source in defense ministry […]

  • Divex’s Deep-Sea Diving System for Russian Rescue Ship Igor Belousov

    29 February 2012
    Business & Finance, Equipment, Project & Tenders

    Deep-sea diving system produced by Divex (Scotland) for Russian rescue ship Igor Belousov will be delivered, mounted, and tested by specialists of Russian company Tetis Pro which is going to provide 5-year long aftersales service and train operators. The contract with Tetis Pro will be signed in the nearest time, a source in defense ministry […]

  • 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 […]

  • 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 […]

  • 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 […]

  • QGC Awards QCLNG Maintenance Contract to Transfield, Australia

    8 November 2012
    Project & Tenders

    QGC Pty has awarded a contract worth more than A$200 million over five years for regular maintenance on gasfield and pipeline facilities of the Queensland Curtis LNG Project. Under the contract, Transfield Services will support daily operational checks on equipment from the Surat Basin to The Narrows in Gladstone. Transfield Services’ qualified mechanical, electrical and […]

  • 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.

  • Woodside’s sales revenue down despite record LNG production

    20 October 2016

    Australian LNG player Woodside reported a 9 percent drop in sales revenue in the third quarter 2016 when compared to the same period in 2015, due to continued effects of lower oil prices.

  • NGI and Plaxis Establish XG Geotools

    24 April 2014
    Business & Finance, Equipment

    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 will […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • Dominion Seeks Approval for Gas Power Station, USA

    5 November 2012

    Dominion Virginia Power asked its Virginia regulator to approve construction of a 1,358-megawatt combined cycle, natural gas-fired power station that would serve growing customer demand and replace electricity from aging coal-fired power stations that are being retired for economic and environmental reasons. If approved by the Virginia State Corporation Commission (SCC), the $1.3 billion power […]

  • Renewable energy investments up USD 270 bln in 2014

    2 April 2015
    Authorities & Government

    United Nations Environment Programme (UNEP) has released Global Trends in Renewable Energy Investment 2015 report that shows 17 percent increase in the investments in renewable energy sector. The report states that a decline in technology costs means that every dollar invested in renewable energy bought significantly more generating capacity in 2014. The generating capacity by renewables […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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. […]