10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • GWEC: 2014 to Blow Better Winds

    5 February 2014
    Business & Finance, Research & Development

    Global wind power capacity has reached a total of 318,137 MW, Global Wind Energy Council (GWEC) informed in its market statistics released today.  Even though this marks an increase of nearly 200,000 MW in the past five years, the annual market dropped by almost 10 GW to 35,467 MW. According to GWEC, this is a […]

  • MMA’s Vessel Supports Santos’ FPSO in Australia

    16 October 2012
    Business & Finance

    Mermaid Marine Australia Limited (MMA) has been awarded a contract with Santos Limited in respect of the “Mermaid Ranger” for the provision of offshore marine support to Santos’ Modec Venture 11 (MV 11) floating production, storage and offloading (FPSO) facility in the Carnarvon Basin. The contract is for a term of two (2) years firm […]

  • GDBIW Secures Four Arleigh Burke-Class Destroyers

    4 June 2013

    U.S. Navy has awarded General Dynamics Bath Iron Works (BIW) a $2,843,385,450 fixed-price incentive firm target (FPIF) contract for the design and construction of four DDG 51 Arleigh Burke-class destroyers, one to be delivered in FY 2013 and one each in FY 2015-2017. This award also includes a contract option for a fifth ship. The […]

  • Transocean postpones five jack-ups

    8 March 2016
    Exploration & Production

    Offshore drilling contractor Transocean announced on Tuesday a mutual agreement with Keppel Offshore & Marine’s shipyard, Keppel FELS, to defer the delivery and related payments of five high-specification jack-ups until 2020. According to the drilling contractor, the Super B 400 Bigfoot Class jack-up drilling rigs are now scheduled to be delivered in two and three […]

  • Noble Corp. set to delay rig delivery following shipyard incident

    11 March 2016
    Exploration & Production

    Noble Corporation, a UK-based offshore driller, will have to postpone a rig delivery to its client Statoil, following a crane collapse incident that happened in a Sembcorp Marine shipyard in Singapore on February 28 in which three workers were injured. According to the company, an initial investigation into the cause of the incident has been completed […]

  • COSMOS Nautical Training Centre to Get Transas’ Dynamic Positioning Simulators

    24 July 2013
    Business & Finance

    Under the contract, COSMOS NTC, Transas Global ECDIS Training Network (GET-Net) Partner, will gain Transas Class B and Class C DP simulators. The simulators will expand the existing Transas Full Mission Bridge and the Mini Bridge Simulators, which will be upgraded to the latest Navi-Trainer Professional 5000 software. Adding a DP2 station with MT controls […]

  • Port of Maputo Recognized as the Biggest Investor in Infrastructure

    1 September 2017
    Business & Finance

    The Port of Maputo recently received an award for being the Biggest Investor in the Infrastructure area in Mozambique during the period 2012-2016. The port went through an enormous transformation in the last 5 years, under the developments of the port’s Masterplan. The biggest infrastructure milestones were the two channel deepening projects (the first in […]

  • Xervo Discloses SOLAS Boat-In-A-Box

    11 June 2014
    Business & Finance

    The Danish lifeboat producer Xervo has announced a SOLAS version of its Boat-In-A-Box lifeboat and rescue boat systems. The Boat-In-A-Box system was developed in co-operation with Maersk Drilling to meet the NORSOK R-002 standard. ”We have had the luck and skill to develop a lifeboat system that we believe is the safest on the market. We won’t […]

  • Western Bulk Chartering Eyes USD 18 Mn in Equity

    27 February 2017
    Business & Finance

    Oslo-headquartered dry bulk shipping operator Western Bulk Chartering will launch an offering on February 27 to raise USD 18 million in an effort to strengthen the book equity and cash position.  The equity will be raised from the company’s existing shareholders in a private placement. “The transaction is backed in full by a subscription and […]

  • Singapore: LNG Terminal About 80 Pct Complete

    13 February 2012

    Singapore’s first liquefied natural gas terminal, located on Jurong Island, is about 80 per cent complete. The LNG terminal’s good progress was shared by Mr Neil McGregor, Chief Executive Officer of Singapore LNG Corporation Pte Ltd (SLNG) during a visit to the terminal’s 30-hectare site by Mr S Iswaran, Minister in the Prime Minister’s Office […]

  • Boskalis’ 2013 revenue and net profit rise

    13 March 2014
    Business & Finance

    Royal Boskalis Westminster N.V. achieved revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax. Boskalis intends to distribute a dividend of EUR 1.24 per share and intends to start a […]

  • Drewry: Southern Africa Imports from Asia on Recovery Path

    6 March 2017

    Ailing South Africa imports from Asia could see a small recovery in 2017, as improving demand and capacity management helps to lift southbound spot rates to a 26-month peak, according to shipping consultancy Drewry.  Containerized imports from Asia to Southern Africa slumped by 7.8% in 2016 to their lowest volume since 2012. Figures from the Container […]

  • Oilfield services jobs picking up after massive cuts, analyst says

    6 April 2017

    Oilfield services industry has laid off some 300.000 people since the collapse of oil prices in 2014, however the tide is now turning, according to a Norwegian energy intelligence group. Rystad Energy has carried out a research according to which service companies within the Shale business are now starting to recruit again and are expected […]

  • ENAP: Chile to use U.S. LNG

    16 July 2014

    State oil company of Chile, ENAP, said it would use the ongoing contract with BG Group to start importing U.S. shale gas from the first half of 2016.  In a statement issued earlier this week, the company said that BG Group “will be in conditions to supply the fuel once the Sabine Pass LNG export terminal starts […]

  • Oman Shipping Company Takes Delivery of Its Fourth VLOC

    8 April 2013
    Business & Finance

    Oman Shipping Company (OSC) took delivery of its fourth Very Large Ore Carrier (VLOC) “VALE SHINAS” in China on 30th March 2013, which will be used in the transportation of iron ore from Brazil to Sohar, Oman. With this vessel Oman Shipping Company has completed delivery of all the 4 VLOCs which were ordered with […]

  • Westports Running Out of Terminals

    7 November 2014
    Business & Finance

    Malaysia’s Westports Holdings Berhad is planning to put in motion a USD 300 million “Container Terminal 8 Expansion Plan,” spurred on by increasing container volumes and high terminal utilization rates recorded in the first nine months of 2014. The company recorded a 12% surge in its container volume throughput to 6.18 million TEU in the first 9 […]

  • Thrustmaster to Supply Dutch Barge Company with Propulsion Equipment

    9 May 2014
    Business & Finance, Equipment

    Thrustmaster of Texas, a manufacturer of commercial marine propulsion equipment based out of Houston, closed out this year’s OTC by placing ink to paper after signing a contract on the trade show floor with the Dutch Barge Company to supply a complete thruster package. The deal concluded at a press conference inside the Reliant Center hosted by Thrustmaster’s […]

  • Half of Galloper Turbines Up

    10 October 2017

    Swire Blue Ocean’s wind turbine installation vessel (WTIV) Pacific Orca has installed 28 out of 56 turbines at the 336MW Galloper offshore wind farm, innogy reported via social media.

  • Oman Shipping Company Takes Delivery of New VLCC DABA at HHI Yard

    10 January 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) took delivery of one of their latest Very Large Crude Carrier (VLCC) the DABA, at Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South Korea on 6th Jan 2012. DABA has a 317,000 deadweight ton (DWT) capacity, is 333 meters length overall, 60 meter in beam and a design […]

  • CSS Olympia Launched at Liya Pingtan, China

    28 May 2013

    The launching of MAC Offshore’s Compact Semi-Submersible (CSS), CSS “Olympia” took place at the Liya Pingtan Shipyard, in Fujian Province, China, a yard managed by Fujian Mawei Shipbuilding, STX Marine (STXM) reported. The delivery of the vessel is due in Nov 2013 to CSS Olympia’s new owner Graal Invest of Brazil. In addition, STXM congratulated […]

  • Fincantieri Returns to Profit in 2016

    30 March 2017
    Business & Finance

    Italian shipbuilder and ship designer Fincantieri has managed to return to black in 2016 as the company recorded a profit of EUR 14 million (USD 15 million) for the full year, against a net loss of EUR 289 million (USD 310.4 million) seen in the previous year. Fincantieri’s revenues were up by 5.9% to EUR […]

  • More time in Nigeria for Yinson’s FPSO

    24 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Yinson has secured a short-term contract extension for an FPSO, which is carrying out operations in Nigeria for Addax Petroleum.

  • PGNiG, ERU to supply natural gas to Ukrtransgaz

    3 October 2018

    Polish Oil and Gas Company (PGNiG) and Energy Resources of Ukraine have been contracted to supply natural gas to Ukrtransgaz, Ukrainian gas transmission network and storage facilities operator.

  • Norway: 22,000 new oil jobs by 2020

    10 March 2016

    The Norwegian Oil and Gas Association (Norsk Olje & Gass), a professional body and employer’s association for oil and supplier companies in Norway, has forecasted that 22,000 new oil jobs will be needed by 2020 in Norway.  According to figures from an independent research institute, IRIS, from 2018 to 2020 there will be 22,000 new […]

  • Germany: Linde Operating Profit Up

    12 March 2012

    The technology company Linde Group once again saw profitable growth in the 2011 financial year, achieving its best ever figures for Group sales and Group operating profit. “We have become even more efficient overall and were able to achieve the targets we had set in full,” said Professor Dr Wolfgang Reitzle, Chief Executive Officer of […]