10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • 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 […]

  • 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 […]

  • Olympic Ship continues in stand-still mode by month end

    24 January 2017
    Business & Finance

    In order to complete the group restructuring, Norway-based shipowner Olympic Ship has once again agreed with its secured lenders to extend the stand-still agreement.

  • Siemens’ 3.6 MW Turbines to Power Cape Wind OWF, USA

    23 December 2013
    Business & Finance, Technology

    Siemens and Cape Wind have signed a major contract for the construction of the United States’ first utility-scale offshore wind farm. Once the contract becomes effective later next year, Siemens will supply Cape Wind with its industry-leading 3.6-megawatt offshore wind turbines, an offshore Electric Service Platform (ESP) and a long-term service agreement. When fully built, […]

  • 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 […]

  • Sea Installer Gearing Up for Race Bank

    14 March 2017

    Ahead of the turbine installation at the Race Bank offshore wind farm, due to start at the end of April, A2SEA’s jack-up vessel Sea Installer has been fitted with four massive adapter rings for wind turbine tower sea fastening.

  • Russian Parliament Accepts Bill Stimulating Shipowners for Fleet Renewal

    20 October 2011

    Russian State Duma has adopted a draft law stimulating Russian shipowners for fleet renewal, placing orders at Russian shipyards, and registration of ships in Russian International Register of Vessels (RIRV). Amendments are introduced into Inland Water Transport and Merchant Shipping Code, Tax and Labor codes of the Russian Federation, and a number of laws. In […]

  • 2020 Bulkers Eyes Listing on Oslo Axess

    10 July 2019
    Business & Finance

    The company’s application is expected to be approved on or about July 10, 2019.

  • North Sea veteran set for new lease of life in the land of samba

    13 November 2015

    Floating, production, storage, and offloading units, better known as FPSOs, are built to do just that, float on water, produce oil from below the seabed, store it, and eventually, offload it to a shuttle tanker. The 29 years old Petrojarl I is one such unit. After having spent most of its life across several different fields in […]

  • Total Strikes Gas in Caspian Sea

    9 September 2011

    Total announced a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan. The Absheron X-2 well has encountered more than 500 feet of cumulated net gas pays within high quality sands on the northern flank of a major 270 square kilometres structure. Reservoirs are expected to extend over the entire northern […]

  • Huntington Oil Field Resumes Production (UK)

    22 August 2013

    Production from the Huntington field in the UK North Sea is now back online, after being shut due to issues related to the cargo tank venting system on board the platform at the field. Noreco, a Norwegian oil firm with a share in the field, has been informed by the operator of the Huntington Field, E.ON UK E&P, that […]

  • Vaalco Energy receives NYSE warning again

    11 April 2017
    Business & Finance

    Houston-based oil and gas company Vaalco Energy has once again received a notification from the New York Stock Exchange (NYSE) that the price of the company’s common stock has fallen below the NYSE’s continued listing standard. This is not the first time Vaalco received such a notification. Last time the NYSE sent such a notification […]

  • With extension in hand, Canadian firm prepares to take the reins at South African offshore block as partners call it a day

    9 September 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy

    Africa Energy has confirmed the deadline extension for the environmental impact assessment report (EIAR) at a block off the coast of South Africa.

  • Byron expands footprint in Gulf of Mexico area

    20 June 2018

    Byron Energy has been awarded three more blocks by BOEM in the Gulf of Mexico following four blocks awarded to the company earlier this month.

  • Bluerise launches OTEC crowdfunding campaign

    19 October 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Dutch developer Bluerise has started a crowdfunding campaign to raise money for the next stage of its ocean thermal energy conversion (OTEC) developments.

  • Zim to order 8 ships of 12,600 TEU

    24 September 2007

    The Board of directors of ZIM approved this week the purchase 8 ships of 12,600 TEU with an option to buy one more. The ships will be built in Korea and will be delivered at the beginning of 2012. The cost of each ship is of about $170 Millions, and their size and capacity will […]

  • Stanford Mustang Hits the Water

    30 April 2014
    Business & Finance

    Fujian Mawei Shipyard in Fuzhou, China has successfully launched the Stanford Mustang, a 50m Anchor Handling Tug (AHT). The tug, owned by Stanford Marine, is equipped with a special low air draft design, to enable the safe passage below the bridges that connect offshore installations. The Stanford Mustang pertains to a MMC 950 design. The vessel […]

  • Iran to Pump Gas to Shourijeh UGS Facility

    28 April 2014

    Iran will soon pump natural gas to its second underground gas storage facility northeast of the country, managing director of the National Iranian Gas Company (NIGC), Hamidreza Araqi said. “Upon completion of its second phase, the facility will be able to take 20 million cubic meters of gas per day,” Araqi added. The Shourijeh gas […]

  • Spain: Gondan Shipyard to Exhibit at NAVALIA 2012

    3 May 2012

    Gondan Shipyard will participate as exhibitor in the prestigious event NAVALIA 2012, which will take place from 22 to 24 of May 2012. This international event will gather more than 30.000 professionals and 500 exhibitors from all over the world. Navalia will organize, once again, conferences and symposiums in which the most interesting subjects for […]

  • Maritime majors complete NH3 co-firing test using 4-stroke NH3-fueled engine

    16 May 2023
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Research & Development, Vessels

    A maritime consortium involving NYK Line, IHI Power Systems, Nihon Shipyard, Japan Engine Corporation and Nippon Kaiji Kyokai (ClassNK) has announced that the world’s first four-stroke ammonia-fueled (NH3-fueled) engine has completed a land-based test for the stable combustion of fuel ammonia having an 80% co-firing ratio as part of a demonstration project for the commercialisation […]

  • Italy’s 5th regasification terminal on track for startup next month

    28 April 2025
    Business Developments & Projects, Vessels

    Italian energy player Snam intends to kick off commercial operations at an FSRU moored off the coast of Ravenna next month.

  • Liverpool2 to Become UK’s Largest Transatlantic Deep-Sea Port

    22 April 2014
    Business & Finance, Equipment, Technology

    Peel Ports Group has awarded a multi-million pound contract to Shanghai-based Zhenhua Heavy Industries Co (ZPMC) to supply state-of-the-art ‘mega’ container cranes for its new Liverpool2 development. ZPMC will initially supply five ship-to-shore (STS) megamax quay cranes and 12 cantilever rail-mounted gantry cranes (CRMGs) for phase 1 of the contract, and a further 3 STS […]

  • Metal Shark Announces Expansion Plans

    26 January 2014
    Business & Finance

    Metal Shark Aluminum Boats is expanding its operations and has acquired a large waterfront parcel to accommodate the production of larger vessels. The builder has signaled its entry into the shipbuilding sector with the purchase of a 25-acre waterfront tract located in South Louisiana’s St. Mary Parish. Plans for the new facility call for over […]

  • Advisory Group Set Up to Help Deliver GBP 19 Mln Gwynt y Môr Community Fund

    5 February 2014
    Business & Finance

    RWE Innogy UK, the developer of Gwynt y Mor Offshore Wind Farm, has established a 14-member advisory group, which is taking forward the views of local people expressed during one of the biggest consultation exercises ever carried out by the renewables sector at the time. The group has taken its first steps towards delivering £19 […]