10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Legal Experts Prepare for Seabed Mining Projects Across Asia Pacific

    24 October 2011
    Operations & Maintenance, Research & Development

    Legal experts hope to have new legislation in place within three years to protect Pacific marine environments from possible damage caused by new deep sea mining projects. Deep seabed minerals have the potential to be a major economic resource for countries across the Pacific but there is concern about the lack of laws governing the […]

  • Repsol Becomes Operator of Namibian Offshore Licence 0010

    30 July 2012

    London-based independent company Tower Resources plc and Spanish oil giant Repsol have entered into an agreement under which Repsol will take a 44% working interest in the Namibian offshore licence 0010 and become operator. Tower’s Chairman, Jeremy Asher, commented: “We are delighted to welcome Repsol, one of the foremost experts in West African offshore exploration, […]

  • Saipem Hires Fairstar for Installation of Platform Offshore Iraq

    9 May 2012
    Business & Finance

    Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Saipem S.p.A. to provide float-over and installation services to Saipem for the 8,000 tonnes CMMP Platform in the Persian Gulf, off-shore Iraq. Saipem has contracted the new 50,000DWT semi-submersible vessel FINESSE for the transportation of the CMMP module from the fabrication facility in Karimun, […]

  • Joint Project Performs Cost Management in Dutch Shipbuilding

    3 December 2012

    The section of Ship Design, Production and Operations of the Technical University of Delft, and the consulting company “costfact systems” will perform a project on cost management in ship- and superyachtbuilding. The project’s aim is to set up a database with standard cost rates for the main cost drivers in shipbuilding. Additionally, the influence of […]

  • Global Ship Lease Enters Sale-And-Leaseback Deal with OOCL

    4 August 2015
    Business & Finance

    NYSE-listed container ship charter owner Global Ship Lease (GSL) has signed a sale-and-leaseback contract with Hong Kong-headquartered Orient Overseas Container Line Limited (OOCL) for the 8,063 TEU OOCL Ningbo. GSL will pay USD 53.6 million for the 2004-built OOCL Ningbo, which upon its delivery in September 2015 will be immediately time chartered back to OOCL for a period […]

  • Anbaric Renewables Center to Rise at Brayton Point

    13 May 2019
    Business & Finance

    Anbaric has entered into an agreement with Commercial Development Company (CDC) to launch a center dedicated to offshore wind on the site of the former Brayton Point coal-fired power plant in Massachusetts, U.S. The USD 650 million Anbaric Renewable Energy Center follows CDC’s plan to transform the former power plant site into a logistics port, manufacturing hub and […]

  • Anbaric Renewables Center to Rise at Brayton Point

    13 May 2019
    Business & Finance

    Anbaric has entered into an agreement with Commercial Development Company (CDC) to launch a center dedicated to offshore wind on the site of the former Brayton Point coal-fired power plant in Massachusetts, U.S. The USD 650 million Anbaric Renewable Energy Center follows CDC’s plan to transform the former power plant site into a logistics port, manufacturing hub and […]

  • Bilfinger to Produce Steel Foundations for Polish OWF

    5 December 2013

    The engineering and services group Bilfinger, along with Polish steel construction company Crist and the state-owned investment fund MARS, will together produce steel foundations for offshore wind turbines in Szczecin, Poland. At a celebratory ground-breaking, Poland’s Finance Minister Włodzimierz Karpiński and Member of the Executive Board at Bilfinger Joachim Enenkel signaled the start of construction […]

  • Ofgem Gives Its Blessing to Scotland-Norway Interconnector

    22 June 2016
    Storage

    Ofgem has approved a 650km long subsea interconnector between Norway and Scotland, planned to be installed in 2021.  On 20 June 2016, Ofgem granted an electricity interconnector licence to Norway-based company NorthConnect KS, authorising it to participate in the operation of the NorthConnect KS interconnector. NorthConnect is a joint venture between five companies, established to develop, build, own and […]

  • Agencies Seek Input on Longview Terminal Project (USA)

    23 September 2013
    Business & Finance

    The public is invited to a September 25 meeting to comment on the scope of environmental impact statements (EISs) for a proposed coal export terminal near Longview. Millennium Bulk Terminals-Longview LLC proposes to build and operate a terminal to export coal from the site of the former Reynolds Aluminum smelter in Cowlitz County. Cowlitz County, […]

  • Tonga Boosts International Connectivity with New Submarine Cable Project

    24 January 2012
    Business & Finance, Operations & Maintenance

      The Government of the Kingdom of Tonga, the Asian Development Bank (ADB) and the World Bank have launched a $34 million project which will allow Tonga to gain high-speed internet access by financing the development of a submarine cable system. The Prime Minister of Tonga, Lord Tu’ivakano delivered the keynote speech at the launch. […]

  • Chevron Moves Ahead with Lianzi Field Development (Congo)

    30 July 2012

    Chevron Corporation will proceed with the development of the Lianzi field located in a unitized offshore zone between the Republic of Congo and the Republic of Angola.

  • BP Gets Approval for South China Sea Exploration

    15 February 2012

    The Ministry of Commerce, People’s Republic of China, has granted consent to British Petroleum (BP), for an exploration drilling in the South China Sea in partnership with CNOOC, China Daily reveals today. BP and the block operator CNOOC signed a deal for the exploration at the 43/11 deepwater block in South China Sea in January […]

  • EBR Wins FPSO Topsides EPCI Contract from Petrobras

    13 May 2013
    Business & Finance

    Estaleiros do Brasil Ltda. (EBR), a jointly owned Brazilian company by Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) and SOG – Óleo e Gás S.A. (SOG), a leading engineering company in Brazil, has been awarded an EPCI contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system. The contract […]

  • EBR to Install FPSO Topside Units for Petrobras

    13 May 2013

    Estaleiros do Brasil Ltda. (EBR), a jointly owned Brazilian company by Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) and SOG – Óleo e Gás S.A. (SOG), a leading engineering company in Brazil, has been awarded an EPCI contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system. The contract […]

  • The Netherlands: Three Seater Sub Leads to Extension of 42 metre Moonen Yacht

    28 April 2011

      Moonen Shipyards in the Netherlands has announced that its largest project to date, which was originally slated to be 133 feet in length, has been extended by a further four feet. The fully customised 42 metre Moonen will now carry a submarine that is capable of seating three passengers instead of the originally specified […]

  • Officials Announce Virginia Beach Replenishment Contract Award (USA)

    30 August 2012

    The Norfolk District, U.S. Army Corps of Engineers and the Virginia Beach Public Works Department have announced the awarding of an $11.9 million contract for resort beach replenishment in Virginia Beach to Weeks Marine of Camden, New Jersey. The contract is for 1,250,000 cubic yards of sand, dredged from the Thimble Shoals and Atlantic Ocean […]

  • Sinwa to supply vessels for Shell’s Prelude FLNG

    25 May 2017
    Business & Finance, Infrastructure

    Marine, offshore supply, and logistics player Sinwa Limited has been awarded several new supply agreements for vessels involved in Shell’s Prelude FLNG Project. Sinwa said on Wednesday that the contracts, totaling approximately A$8 million ($6 million), were expected to begin in August 2017. The scope of services provided under the contract includes the supply of […]

  • Otto Energy gets $21.3M from BHP Billiton for Hawkeye-1 drilling. Invests in Alaska

    2 October 2015
    Business & Finance

    Otto Energy Limited has received $21.3 million due from BHP Billiton Petroleum in relation to the recently completed Hawkeye-1 well drilling offshore the Philippines. According to Otto Energy’s press release issued on Thursday, the initial payment represents the bulk of the contribution by BHP Billiton of up to $24.5 million towards the cost of the Hawkeye-1 well. […]

  • ConocoPhillips in early cancellation of Rowan jack-up contract

    8 September 2016
    Exploration & Production

    Oil major ConocoPhillips has reportedly opted for an early cancellation of a drilling contract with Rowan Companies for its jack-up drilling rig Rowan Gorilla VI.  The Rowan Gorilla VI is a LeTourneau Technologies Super Gorilla Class rig built in 2000. With a leg length of 607 ft, the rig is capable of operating in a […]

  • bremenports to Take Part in Developing Finnafjord Port in Iceland

    2 February 2017
    Business & Finance

    German port management company bremenports has received the green light from Bremen’s senate to become a member of the development company for the port construction project in Iceland.  In May 2016, the Icelandic government signed an agreement with the municipalities of Langanesbyd and Vopnafjordur, the engineering company EFLA and bremenports to plan and construct a […]

  • Egypt to Start Building New Side Channel at Port Said

    29 July 2015
    Business & Finance

     A new side channel is about to be built near the Suez Canal to allow smaller vessels in the Mediterranean a twenty-four hour access to East Port Said instead of current eight-hour access, Reuters reports, citing Klaus Holm Laursen, managing director of Suez Canal Container Terminal (SCCT). The USD 60 million-worth canal is aimed at allowing vessels […]

  • VIDEO: Testing Begins on Panama Canal’s Water-Saving Basins

    8 February 2016
    Business & Finance

    The first water-saving basin of the Agua Clara Locks’ upper chamber has been filled to the required level in order to begin a rigorous and methodical testing process, the Panama Canal Authority (ACP) announced. Once the basin was filled, testing was conducted on the basin’s emptying and filling system to confirm it is watertight. The […]

  • Marin Teknikk to Design Subsea Support Vessel for Oceaneering

    21 October 2013
    Business & Finance

    Marin Teknikk AS has entered into a contract with BAE Systems for delivery of design & engineering of a Subsea Support & Construction Vessel to Oceaneering International Inc. The vessel is to be built by BAE Systems Southeast Shipyard  in Alabama, USA, and will be ready for delivery by the end of the first quarter […]

  • PV Shipyard Loads Out First Jack-up Rig Fabricated in Vietnam

    9 September 2011
    Business & Finance

    After a 26-month fabrication period, PV Shipyard announced its successful load-out of the first “fabricated in Vietnam” 90 m jack-up rig. The rig will weigh almost 12,000 tons when fully finished, in which 9,685 tons is of structural materials, 950 tons of piping system and 1,748 tons of electrical, electronic devices. The rig has been […]