10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • 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.

  • SURF IM Network to meet during OTC week

    5 May 2014
    Business & Finance

    The first meeting of a new knowledge sharing forum on the topic of subsea integrity management practice will take place in Houston during OTC week. The SURF IM Network is being led by Wood Group Kenny with support from the Industry Technology Facilitator (ITF) and 13 operating companies, including many of the major international operators […]

  • 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 […]

  • 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.

  • Korean Banks Hit Hard by Shipbuilding Woes

    16 June 2016
    Business & Finance

    After South Korea launched a KRW 11 trillion (USD 9.5 billion) worth fund for state-run banks, the country’s lenders could need more help to absorb the enormous shipbuilding losses, Bloomberg reported. According to data provided by Bloomberg, ten of South Korea’s shipbuilders have together accumulated a debt of some USD 38.2 billion. As the country’s major shipbuilding and […]

  • Zengzhou Shipbuilding Bags Five

    21 August 2014
    Business & Finance

    U.S.-based Marine Capital has placed an order for five 33,200dwt handysize bulkers with the Chinese shipbuilder Zhejiang Zengzhou Shipbuilding. The value of the contract has not been revealed, but the bulkers are expected to start delivery in October 2015 concluding in July 2016. Once delivered, the newbuilt bulkers will be operated by Bermuda owner Interlink. […]

  • Repairs of MCR Jetty System Set for Mid-February

    1 February 2018
    Business & Finance

    Starting from mid-February, the U.S. Army Corps of Engineers will be conducting repairs to the North Jetty at the Mouth of the Columbia River. The jetty, North Jetty Road and nearby parking lots will be closed to public access from Feb. 12 – Oct. 30, 2018 and March 17 – Nov.1, 2019. Benson and Waikiki […]

  • Noble’s Relisting Plans Face a Hurdle

    7 December 2018
    Business & Finance

    Singapore authorities will not allow Noble Group to transfer its listing status to New Noble.

  • Community input seen as ‘vital’ piece of UK’s next subsea electricity transmission puzzle

    24 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Scottish transmission system operator (TSO) SSEN Transmission has sent out an invitation to residents to attend events designed to provide more insight into the plans for the development of the UK’s fifth subsea electricity superhighway project, envisioned to link Scotland and England.

  • OOCL Looking into More Alliances to Keep Scale

    7 March 2016
    Business & Finance

    As yet another tough year unravels for the container shipping industry Hong Kong’s Orient Overseas (International) Limited says it would continue searching for alliance opportunities in the container shipping sector to save costs. Commenting on the company’s full year results for 2015, Chairman of OOIL, Chee Chen Tung said that OOCL has participated in alliances for decades adding […]

  • KSS Line Orders VLGC to Service New Gyxis Charter

    4 September 2015
    Business & Finance

    South Korean gas and chemicals shipping company KSS Line has ordered one very large gas carrier (VLGC) from Hyundai Heavy Industries to service a seven-year charter contract signed on September 4 with Japanese liquefied petroleum gas (LPG) importer Gyxis Corporation. The 84,000 cbm VLGC is priced at KRW 91.4 billion (USD 76.7m), and is due […]

  • GE Receives First Orders for SeaLyticsTM BOP Software

    8 May 2014
    Business & Finance, Equipment, Project & Tenders

    GE Oil & Gas announced it has secured the first two orders for its new SeaLyticsTM BOP (blowout preventer) Advisor software system with U.S.-based drilling contractor Atwood Oceanics and Brazilian drilling contractor Queiroz Galvão Óleo e Gás (QGOG). The milestone contracts were announced during the 2014 Offshore Technology Conference (OTC) in Houston. With GE’s SeaLytics […]

  • Siphoning Incidents Nothing New?

    25 July 2014

    The trend of incidents involving siphoning of fuel/oil from product and oil tankers at sea is not new. Statistics for Jan-Jul of 2014 reveal that the occurrence of such incidents took place more frequently compared to the annual numbers reported in the past three years (2011-2013), piracy watchdog ReCAAP ISC said in a report.   […]

  • CSS ‘Olympia’ Launched at Liya Pingtan Shipyard (China)

    28 May 2013
    Business & Finance

    STX Marine (STXM) reported the launching of MAC Offshore’s Compact Semi-Submersible (CSS), CSS “Olympia”. The launch took place on the 28th March, 2013 at the Liya Pingtan Shipyard, in Fujian Province, China, a yard managed by Fujian Mawei Shipbuilding. The delivery of the vessel is due in Nov 2013 to CSS Olympia’s new owner Graal […]

  • Portugal: IMO Authorizes EMSA to Operate LRIT Data Exchange

    10 November 2011
    Business & Finance

    Operation of the International Data Exchange (IDE) for the Long Range Identification and Tracking of Ships (LRIT) has been successfully transferred to the European Maritime Safety Agency (EMSA) in Lisbon, Portugal. At the 10th session of the Ad Hoc LRIT Group established by IMO (31 October to 3 November 2011), the LRIT Operational governance body, […]

  • Oman Shipping Company’s VLCC FIDA Joins VL8 Pool

    31 January 2012
    Business & Finance

    Oman Shipping Company’s (OSC) 317,000 DWT, 2011 Built, Very Large Crude Carrier (VLCC) “FIDA” is the latest and 12th vessel to join the VL8 Pool. The VL8 pool is a joint venture company between NAVIG8, Oman shipping Company and VTN, formed in 2010 with sole purpose of commercially managing modern, fuel efficient, high quality VLCCs […]

  • PSA Norway warns of disturbing start to 2015

    24 April 2015

    According to the Petroleum Safety Authority (PSA) Norway, figures from “Trends in risk level in the petroleum activity” (RNNP) 2014 show sound improvements in several areas. However, 2015 has started negatively, with many serious incidents and the PSA finds this worrying. The annual survey by the Petroleum Safety Authority Norway of the risk scenario in […]

  • Norway: Kongsberg Maritime’s Polaris Bridge Simulator Gets DNV Approval

    2 February 2012
    Business & Finance

    Kongsberg Maritime’s cutting-edge Polaris Bridge Simulator has received new DNV approval for the product category Bridge Operation Simulator, which includes notifications for training on integrated bridge systems including integrated navigation systems. The approval, which was awarded 18th January 2012 is according to the revised standards laid out in DNV – Standard for Certification of Maritime […]

  • MMA Receives Offshore Marine Support Contract (Australia)

    16 October 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    The Directors of Mermaid Marine Australia Limited (MMA or Company) announce that the Company 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 […]

  • Petrofac sells JSD6000 vessel project to China’s ZPMC

    24 April 2018

    Petrofac has signed an agreement to sell the JSD6000 derrick lay vessel project to Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC).

  • Mermaid Marine Australia Secures FPSO Support Contract with Santos

    16 October 2012
    Business & Finance

    The Directors of Mermaid Marine Australia Limited announced that the Company 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 […]

  • Fifth Season of Hudson River Dredging About to Start (USA)

    29 April 2014
    Business & Finance, Equipment, Technology

    The fifth season of environmental dredging in the Upper Hudson River will begin next month. This phase will continue through October in a 14-mile section of the Upper Hudson between Schuylerville and Stillwater, Saratoga County. Dredging began near Fort Edward, 40 miles north of Albany, in 2009, and GE’s contractors thus far have removed 70 […]

  • Siemens Erects Fourth Substation in North Sea

    21 July 2014
    Storage

    Siemens has installed a fourth offshore platform in the North Sea, completing an important stage for grid connections of sea-based wind farms. This is the platform for the SylWin1 DC link, which is the most powerful of the four offshore wind power grid connections contracted to Siemens by the German-Dutch transmission grid operator TenneT between […]