10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Japan OTC Exchange set for LNG trading start

    11 September 2014

    Japan OTC Exchange (JOE) has secured an approval to start LNG “Non-Deliverable Forward trading” from September 12, METI said in a statement. The JV is owned by Tokyo Commodity Exchange, TOKOM (40 percent) with the remaining stake being owned by Ginga Petroleum. More than 10 companies including Tokyo Electric Power and Mitsubishi are expected to take part in the OTC […]

  • Aquaterra Energy Showcases Its Expertise at OTC

    2 May 2014
    Business & Finance, Equipment

    Showcasing the full-service approach in offshore structures, riser systems and specialist riser analysis that has earned it a place in the top rankings of the world’s offshore oil and gas engineering providers, Aquaterra Energy will be on stand 2641-D at OTC in Houston, 5th – 8th May. Patrick Phelan, Managing Director of Aquaterra Energy, said: […]

  • USACE: East Shore Arm Breakwater Repair Resumes

    5 October 2016
    Business & Finance

    The construction work to complete the Camp Cronin stone revetment and East Shore Arm breakwater repair project has resumed, the USACE’s New England District announced yesterday. The Rhode Island Department of Environmental Management (RIDEM) and the U.S. Army Corps of Engineers are working together to complete the repair project. The scheme will be completed under the […]

  • OTC 2011: GE Oil & Gas Unveils Latest Additions to its Suite of Advanced BOP and RM&D Technologies

    3 May 2011
    Business & Finance

      GE Oil & Gas has expanded its suite of blowout preventer (BOP) and remote monitoring and diagnostic (RM&D) technologies for the offshore drilling industry. The newly launched, technology-intensive products will help offshore drillers increase equipment performance, safety and reliability and optimize operational efficiency by improving life-cycle maintenance and reducing downtime. The products are the […]

  • Baltic Exchange Drops 172,000 DWT Rates Reports

    9 June 2015
    Business & Finance

    Changes in the capesize fleet profile have led the Baltic Exchange to announce that it will cease panel based reporting of its 172,000 dwt 4 Timecharter Average (172 4TC) data from 31 July, 2015, and instead provide data derived from its assessments of the more commonly traded 180,000 dwt vessels. The move follows a decline […]

  • With Brazilian oil project approved, BW Energy sets sights on doubling output by 2028

    5 May 2025
    Business & Finance, Business Developments & Projects

    Oslo-listed oil and gas E&P player BW Energy has taken the final investment decision (FID) for a development in the Campos Basin field offshore Brazil. The project will encompass an integrated drilling and wellhead platform (WHP) and a refurbished floating production storage and offloading (FPSO) unit.

  • Container Terminal Industry Executives to Join PEMA Forum at TOC Asia 2012

    24 February 2012

    Andrew Adam, Director Operations, ANZ Region – Sydney for DP World and Yasmin Kristensen, Chief Process Officer, Operations Division at the Port of Tanjung Pelapas (PTP) are among the latest panel members confirmed for the Port Equipment Manufacturers Association (PEMA) State-of-the-Art Technology Forum, taking place Tuesday 13 March in Hong Kong as part of the […]

  • Heerema Showcasing at OTC in Houston

    6 May 2014
    Business & Finance, Technology

    Heerema Fabrication Group (HFG) and Heerema Marine Contractors (HMC) are taking part in this year’s Offshore Technology Conference (OTC). The conference is running from 5-8 May at Reliant Park in Houston, where Heerema companies can be found at booth 2317. The company’s latest project in the offshore wind sector is the HelWin beta HVDC platform, […]

  • US gov’t flags Chinese-Polish shipping player as “PRC-controlled”

    24 April 2025
    Authorities & Government, Regulation & Policy

    The US Federal Maritime Commission (FMC) has designated the Chinese-Polish state-owned Joint Stock Shipping Company (Chipolbrok) as a ‘controlled carrier’ of the People’s Republic of China (PRC). As disclosed, the FMC has determined that the government of China was exerting more control over Shanghai-headquartered Chipolbrok’s corporate structure, as well as commercial activities, than the Polish […]

  • MSC adds three new LNG-fueled boxships to roster

    23 April 2025
    Vessels

    Chinese shipbuilder New Times Shipbuilding (NTS) has held a christening ceremony for three dual-fuel containerships powered by liquefied natural gas (LNG), which were constructed for Swiss giant Mediterranean Shipping Company (MSC). As disclosed, the naming was held on April 16 and April 17 this year, marking the handover of the 8,100 TEU MSC Namibia and […]

  • Shell axes 6,500 jobs, slashes capex

    30 July 2015

    Oil and gas giant Shell has warned of capital expenditure and workforce cuts due to low oil price environment.  According to the company, operating costs are expected to fall by over $4 billion, or around 10%, in 2015, as its sustainable cost reduction programmes gather pace. “We plan to reduce costs further in 2016,” said […]

  • All-electric FPSO for TotalEnergies’ Angolan project starts taking shape in China

    22 April 2025
    Business Developments & Projects, Infrastructure, Vessels

    The Angolan subsidiary of France’s energy giant TotalEnergies and its partners have started work on the conversion of the future floating production, storage, and offloading (FPSO) unit destined for an Angolan deepwater project, in Nantong, China.

  • SHI Floats Out L-Type Containership Ever Libra, South Korea

    18 October 2012

    Ever Libra, the sixth L-type containership in Evergreen Line’s fleet was launched, Oct 16th, at Samsung Heavy Industries (SHI) Geoje shipyard in South Korea. The L-class containerships are 334 meters in length, 45.8 meters wide, with 942 reefer plugs and a draft of 14.2 meters. The vessels can cruise at a speed up to 24.5 […]

  • FMC Technologies to Accept Two Awards at OTC

    1 May 2014

    FMC Technologies said that it will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of two Spotlight on New Technology Awards. The awards, which honor innovative technologies that significantly impact offshore exploration and production, are in recognition of FMC Technologies’ ISOL-8 Pump and Offshore Loading Arm Footless. “We are honored to again be recognized […]

  • APSI Completes Documentation for Joint Venture with Crowley

    8 November 2013
    Business & Finance

    Aker Philadelphia Shipyard, Inc. (APSI), and Crowley Maritime Corporation have completed definitive documentation and satisfied the closing conditions for the joint venture related to the operation and chartering of at least four product tankers. The transaction was originally announced on August 9, 2013. The agreements include binding shipbuilding contracts for the first four product tankers, […]

  • APSI and Crowley Maritime in Joint Venture

    8 November 2013

    Aker Philadelphia Shipyard, Inc. (APSI), and Crowley Maritime Corporation have completed definitive documentation and satisfied the closing conditions for the joint venture related to the operation and chartering of at least four product tankers. The transaction was originally announced on August 9, 2013. The agreements include binding shipbuilding contracts for the first four product tankers, […]

  • NAO to use IPO cash to buy Platform Supply Vessels

    2 June 2014
    Business & Finance

    Nordic American Offshore Ltd. (NAO) has filed a registration statement with the U. S. Securities and Exchange Commission (“SEC”), covering the proposed initial public offering of approximately 5,882,352 common shares. NAO expects to launch the initial public offering on Monday, June 2, 2014 before NYSE opening. The common shares have been approved for listing on […]

  • NADL sends rig fleet to Russian waters in $4B deal

    31 July 2014
    Business & Finance

    North Atlantic Drilling Ltd. has announced that 6 binding offshore contracts have been executed with Rosneft Oil Company (“Rosneft”). The total revenue potential for the six contracts exclusive of mobilization is approximately US$4.25 billion. According to the agreement, any break rights expire after 100 days. The executed contracts include 5 year contracts for the West Navigator, […]

  • Brazilian FPSO on track to change hands by month end

    2 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

  • Lankhorst Ropes to Showcase Mooring Systems at OTC

    1 May 2014
    Business & Finance, Equipment

    Lankhorst Ropes’ breadth and depth of experience in meeting the mooring challenges facing operators will be in the focus at this year’s Offshore Technology Conference (OTC) 5-8 May in Houston on the WireCo WorldGroup booth, no. 1671 in the Reliant Center. Strongest Gama 98® to date The booth will feature Lankhorst’s largest diameter and strongest […]

  • U.S. Gulf of Mexico oil production breaking records. Set to rise further

    13 April 2017

    Oil production from the U.S. Gulf of Mexico broke an annual record in 2016, and it set to continue to rise in the upcoming two years as new projects go online. According to the U.S. Energy Information Administration the GOM production in 2016 set annual high of 1.6 million barrels per day (b/d), surpassing the […]

  • Drewry: Carriers Set Sail on a Long Road to Recovery

    20 February 2017
    Business & Finance

    The container shipping trade will mark positive growth numbers alongside most months of 2017, however, as long as carriers maintain the current capacity levels spot rates should see small, incremental increases, according to shipping consultancy Drewry. Growth is returning to the Asia-East Coast South America (ECSA) trade due to favourable comparisons, but container traffic remains […]

  • OSC Holds Naming Ceremony for VLCC TAQAH in South Korea

    15 October 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) named their latest Very Large Crude Carrier (VLCC) TAQAH, at Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South Korea on 9th August 2012. TAQAH has a 317,000 deadweight ton (DWT) capacity, is 333 meters length overall, 60 meter in beam and a design draft of 21 meters and […]

  • VLOC ‘VALE SAHAM’ Joins Oman Shipping Company’s Fleet

    7 January 2013

    Oman Shipping Company (OSC) took delivery of its third Very Large Ore Carrier (VLOC) ‘VALE SAHAM’ in China on January 4th 2013, which will be used in the transportation of iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under construction at Jiangsu Rongsheng Heavy Industries Company in Nantong […]

  • Oman Shipping Company Takes Over New VLOC from China

    7 January 2013
    Business & Finance

    Oman Shipping Company (OSC) took delivery of its third Very Large Ore Carrier (VLOC) ‘VALE SAHAM’ in China on 4th January 2013, which will be used in the transportation of iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under construction at Jiangsu Rongsheng Heavy Industries Company in Nantong […]