10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Oilfield services jobs picking up after massive cuts, analyst says

    6 April 2017

    Oilfield services industry has laid off some 300.000 people since the collapse of oil prices in 2014, however the tide is now turning, according to a Norwegian energy intelligence group. Rystad Energy has carried out a research according to which service companies within the Shale business are now starting to recruit again and are expected […]

  • Oman Shipping Company Takes Delivery of Its Fourth VLOC

    8 April 2013
    Business & Finance

    Oman Shipping Company (OSC) took delivery of its fourth Very Large Ore Carrier (VLOC) “VALE SHINAS” in China on 30th March 2013, which will be used in the transportation of iron ore from Brazil to Sohar, Oman. With this vessel Oman Shipping Company has completed delivery of all the 4 VLOCs which were ordered with […]

  • Westports Running Out of Terminals

    7 November 2014
    Business & Finance

    Malaysia’s Westports Holdings Berhad is planning to put in motion a USD 300 million “Container Terminal 8 Expansion Plan,” spurred on by increasing container volumes and high terminal utilization rates recorded in the first nine months of 2014. The company recorded a 12% surge in its container volume throughput to 6.18 million TEU in the first 9 […]

  • Oman Shipping Company Takes Delivery of New VLCC DABA at HHI Yard

    10 January 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) took delivery of one of their latest Very Large Crude Carrier (VLCC) the DABA, at Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South Korea on 6th Jan 2012. DABA has a 317,000 deadweight ton (DWT) capacity, is 333 meters length overall, 60 meter in beam and a design […]

  • Half of Galloper Turbines Up

    10 October 2017

    Swire Blue Ocean’s wind turbine installation vessel (WTIV) Pacific Orca has installed 28 out of 56 turbines at the 336MW Galloper offshore wind farm, innogy reported via social media.

  • CSS Olympia Launched at Liya Pingtan, China

    28 May 2013

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

  • 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.

  • 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 […]

  • 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 […]

  • 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.

  • NAO Set to Release US IPO

    2 June 2014
    Business & Finance

    Nordic American Offshore Ltd. has announced the commencement of its initial public offering of 5,882,352 common shares. Since November 2013, Nordic American Offshore (NAO) has been listed on the Norwegian OTC (over the counter) market. The offering price is expected to be between $16.00 and $18.00 per share. NAO expects to grant the underwriters a 30-day option […]

  • 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 […]

  • Chesapeake Energy to supply gas to Golden Pass LNG

    3 August 2022
    Business Developments & Projects, Project & Tenders

    U.S. oil and gas company Chesapeake Energy has entered into a term gas supply agreement (GSA) with Golden Pass LNG Terminal, a joint venture of QatarEnergy and ExxonMobil.

  • Tauranga Clearing Space for Bigger Ships

    23 February 2015
    Business & Finance

    New Zealand’s Port of Tauranga handled 426,512 TEUs, up 11.9% on the prior year, while total cargo volumes increased 1.2% to 10 million tonnes in the six months to December 31, 2014. Last year’s agreements with freight and logistics management company Kotahi brought Maersk Line’s “Southern Star” service to Port of Tauranga, driving increased container traffic through the […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • Oman Drydock Records Best Year to Date

    13 January 2014

    The Oman Drydock Company (ODC), one of the Middle East’s newest and biggest shipyards, is announcing its strongest year of trading. The shipyard undertook 75 drydockings and repairs in 2013 taking the total number to 190 since the yard which was opened in Duqm in Central Oman in 2011. ODC also saw staff numbers increase […]

  • 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, […]