10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • EU on Track to Meet 2020 Renewable Energy Goals

    16 June 2015
    Authorities & Government

    The European Commission has published the progress report on 2020 renewable energy targets, showing that the EU is on track to meet its 20% renewable energy targets. With a projected share of 15.3% of renewable energy in 2014 in the gross final energy consumption, the EU and the vast majority of Member States are advancing […]

  • EnerMech Announces Investments in US and Mexico Businesses

    7 May 2013
    Business & Finance, Operations & Maintenance

    Mechanical engineering group EnerMech announced at OTC in Houston that it has invested more than £13 million ($20.2m) as it steps up its drive to cement its presence in the US and Mexico. A recent move to a new 50,000 sq ft workshop, office and storage facility near to Houston’s Energy Corridor has been followed […]

  • Pursuit of appeal for arbitration ruling regarding two canceled drillships hits a wall

    2 April 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Northern Drilling is contemplating its next steps after its attempts to appeal the court’s arbitration ruling related to canceled orders for two drillships with a South Korean shipbuilder came to naught.

  • Woodside names Westfarmers’ CEO as chairman-elect

    21 February 2017

    Australian LNG player Woodside said that Richard Goyder will take the position of the company’s chairman once the current chairman Michael Chaney steps down in April 2018.

  • GasLog Orders LNG Duo from SHI

    9 May 2014
    Project & Tenders, Vessels

    GasLog said that it has ordered two new 174,000 cubic meter LNG carriers from Samsung Heavy Industries (SHI) in South Korea. The vessels are expected to be delivered in 2017 and are sister vessels to the four ordered in 2013 for delivery in 2016. The vessels have been ordered with the tri-fuel diesel electric (TFDE) […]

  • BOEM extends comment period for 2017-2022 OCS O&G Leasing Program

    31 July 2014
    Business & Finance, Project & Tenders

    The Bureau of Ocean Energy Management (BOEM) has announced that it is extending the public comment period for the Request for Information (RFI) and Comments on the Preparation of the 2017-2022 Leasing Program. The RFI was released in mid-June as the initial step in the multi-year offshore oil and gas planning process. This extension of […]

  • Cromarty Firth Port Authority Introduces Expansion Plans (UK)

    30 May 2013
    Business & Finance

    Cromarty Firth Port Authority are showcasing their port expansion plans this week at the 2013 All Energy exhibition in Aberdeen. The £20million expansion is now “shovel ready” and will see the Port expand by 9 acres and includes the creation of a deep water quay capable of handling vessels up to 160 m in length. […]

  • Deloitte to replace EY as BP’s external auditor

    15 November 2016

    Oil major BP will propose that global consulting agency Deloitte be appointed as the company’s auditor for the financial year 2018 to its shareholders at BP’s 2018 Annual General Meeting. BP said on Tuesday that this decision was taken following a competitive audit tender. In BP’s 2013 annual report, the BP Audit Committee announced its […]

  • Huisman to Launch ‘Rope Luffing Knuckle Boom Crane’ at OTC

    24 April 2014
    Business & Finance, Equipment, Research & Development

    In order to provide reliable solutions for subsea installation in increasingly deeper water and offshore construction in severe weather conditions, Huisman, the worldwide specialist in lifting, drilling, and subsea solutions, introduces a new patented crane type during this year’s OTC: the ‘Rope Luffing Knuckle Boom Crane’. These new active heave compensated (AHC) cranes provide unparalleled […]

  • Norway Expects Slight Increase in Oil, Gas Production in 2014

    15 January 2014

    A record number of fields are in operation on the Norwegian shelf. Discoveries in 2013 offset roughly half of what was produced in the same year, the Norwegian Petroleum Directorate said in a statement on Tuesday. An unprecedented number of wildcat wells were drilled, and the number of exploration wells recorded was the second highest […]

  • Oil and gas industry entering new offshore investment cycle, Rystad says

    14 January 2020

    A strong 2019 provided telltale signs that the industry was entering a new offshore investment cycle, stated Espen Erlingsen, head of upstream research at Rystad Energy.

  • Australia On Track to Become World’s Largest LNG Exporter

    14 August 2019
    Business & Finance

    Australia already exported more LNG than Qatar in November 2018 and April 2019.

  • DNS to Host Decommissioning Markets Analysis Event at OTC

    6 May 2014
    Business & Finance, Equipment

    The Gulf of Mexico (GoM) is one of the most important regions for energy resources and infrastructure, producing 370 million barrels of oil and 1,103 billion cubic feet of natural gas in 2013, worth an estimated $40 billion. As the industry matures, record levels of infrastructure are facing decommissioning and in a bid to identify […]

  • 17,000 to Be Trained to Work in O&G Sector by 2016

    8 May 2014

    This Tuesday (May 6th), Paulo Sergio Rodrigues Alonso, the Petrobras CEO’s special advisor on local content and executive coordinator of Prominp (National Oil and Gas Sector Mobilization Program), revealed that a total of seventeen thousand people will be trained to work in the oil and gas sector between now and 2016. The executive said this […]

  • Divex Delivers Deep-Sea Diving System for Russian Rescue Ship Igor Belousov

    29 February 2012

    Deep-sea diving system produced by Divex (Scotland) for Russian rescue ship Igor Belousov will be delivered, mounted, and tested by specialists of Russian company Tetis Pro which is going to provide 5-year long aftersales service and train operators. The contract with Tetis Pro will be signed in the nearest time, a source in defense ministry […]

  • Value of Marine Freight Industry to Reach USD 210 Bn by 2021

    13 March 2017

    The global marine freight industry is expected to return to 2014 levels by mid-2019 and reach a value of approximately USD 210 billion by 2021, according to the findings of research firm MarketLine. “The recovery in the industry is expected to be fueled primarily by a return of global demand as oil prices increase, and […]

  • Divex’s Deep-Sea Diving System for Russian Rescue Ship Igor Belousov

    29 February 2012
    Business & Finance, Equipment, Project & Tenders

    Deep-sea diving system produced by Divex (Scotland) for Russian rescue ship Igor Belousov will be delivered, mounted, and tested by specialists of Russian company Tetis Pro which is going to provide 5-year long aftersales service and train operators. The contract with Tetis Pro will be signed in the nearest time, a source in defense ministry […]

  • HAPPY NEW YEAR 2017!

    2 January 2017

    Dear readers, we wish you a happy and prosperous New Year 2017! If you’ve been following Offshore Energy Today, you know that 2016 was tough for the oil and gas industry. Where 2015 ended, 2016 continued with more of the same: job cuts, rig deals cancellation, capex cuts, project delays, dayrate slashing, contract terminations, vessel […]

  • VIDEO: Future USS Detroit Takes a Plunge

    21 October 2014
    Business & Finance

    The Lockheed Martin -led industry team launched the seventh Littoral Combat Ship (LCS), Detroit, into the Menominee River at the Marinette Marine Corporation (MMC) shipyard. Following christening and launch, Detroit will continue to undergo outfitting and testing before delivery to the Navy in 2015. The U.S. Navy awarded the contract to construct Detroit in March […]

  • Latest Addition to OSC Fleet, VLCC TAQAH Named in South Korea

    15 October 2012

    Oman Shipping Company S.A.O.C. (OSC) named, few weeks ago, their latest Very Large Crude Carrier (VLCC) TAQAH, at Hyundai Heavy Industries (HHI) shipyard in Ulsan, South Korea. TAQAH has a 317,000 deadweight ton (DWT) capacity and is 333m in length overall, 60m in beam with a design draft of 21m. The vessel will be technically […]

  • Inaugural cargo lifted from FLNG at BP’s African deepwater project

    17 April 2025
    Business Developments & Projects, Exploration & Production

    The UK-headquartered oil and gas giant BP has loaded the first liquefied natural gas (LNG) cargo from its project offshore Mauritania and Senegal onto an LNG carrier.

  • New rig contracts pour in for Ensco

    21 July 2017
    Business & Finance, Exploration & Production

    UK-based offshore driller Ensco has found work for a number of its jack-up as well as semi-submersible drilling rigs in the North Sea, Gulf of Mexico, Australia, and Qatar.  According to the driller’s latest fleet status report issued on Thursday, two semi-submersible drilling rigs have been awarded contracts in the U.S. Gulf of Mexico. Namely, […]

  • USA: Offshore Technology Conference Sees Record Number of Attendees in 2013

    10 May 2013
    Business & Finance

    Experts from the offshore energy industry around the world came together 6–9 May for the 2013 Offshore Technology Conference at Reliant Park in Houston. Attendance at the conference reached a 30-year high of 104,800, the second highest in show history and up 17% from last year. Attendance surpassed the 2012 total of 89,400 and the […]

  • Decom North Sea hosts Networking breakfast during OTC

    6 May 2014
    Business & Finance

    The Gulf of Mexico (GoM) is one of the most important regions for energy resources and infrastructure, producing 370 million barrels of oil and 1,103 billion cubic feet of natural gas in 2013, worth an estimated $40 billion. As the industry matures, record levels of infrastructure are facing decommissioning and in a bid to identify […]

  • Woodside’s sales revenue down despite record LNG production

    20 October 2016

    Australian LNG player Woodside reported a 9 percent drop in sales revenue in the third quarter 2016 when compared to the same period in 2015, due to continued effects of lower oil prices.