10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • MTC makes its first foray into FPSO deployment outside Malaysia

    13 April 2022
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Vessels

    MTC Engineering (MTCE), an affiliate of MTC Group, has secured its first FPSO development project in Indonesia through a consortium.

  • 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.

  • BP Caps Gulf Oil Sheen Source (USA)

    29 October 2012

    BP has capped and plugged an abandoned piece of subsea equipment known as a cofferdam that is thought to be the source of a recently spotted surface sheen near the Mississippi Canyon 252 lease block in the Gulf of Mexico. The cofferdam is an 86-ton, steel container that was lowered over a leaking drill pipe […]

  • Atlantic Petroleum sheds Orlando field

    14 March 2017
    Business & Finance

    Faroese oil and gas company Atlantic Petroleum has entered into a sale and purchase agreement with Decipher Energy for its 25 percent interest in the Orlando field in the UK North Sea.  Atlantic said on Tuesday that the consideration is a 2 percent revenue share of the total Orlando production revenue until the field has produced […]

  • RJ McLeod Wins Tarbert Ferry Terminal Deal

    26 September 2019
    Business & Finance

    Caledonian Maritime Assets Limited (CMAL) has awarded a £14.3 million contract to civil engineering and building contractor RJ McLeod Limited to carry out upgrade works at Tarbert Ferry Terminal in Isle of Harris, UK. Under the agreement, RJ McLeod will be responsible for completing all civil engineering works for the initial phase of the harbor […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • STUDY: Spotlight on Economic Growth in Great Lakes Communities

    17 October 2018
    Business & Finance

    The Great Lakes Restoration Initiative (GLRI) has provided more than $2.5 billion to clean up contaminated harbors, restore fish habitat and keep invasive species out of the Great Lakes, according to a study by the University of Michigan’s Research Seminar in Quantitative Economics. According to the study, every federal dollar spent on GLRI projects between 2010 through […]

  • Lake Hicpochee Project Expansion Announced

    13 April 2018
    Business & Finance

    The South Florida Water Management District (SFWMD) Governing Board has approved the purchase of 2,510 acres in Glades County that will expand the ongoing Lake Hicpochee Shallow Hydrologic Enhancement Project. According to SFWMD, this project will benefit the Caloosahatchee River and Estuary and watershed by adding opportunities for water storage. “It’s simple math really. More completed […]

  • 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 […]

  • 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 […]

  • 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.

  • 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. […]

  • 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. […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]