10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Wintershall reduces 2016 capex

    7 April 2016

    German exploration and production player Wintershall will lower its capital expenditure in 2016. In a statement on Thursday, the company said the planned capex for 2016 would be $1 billion, down from $1.4 billion spent in 2015. “Volatility at low prices will continue in 2016. We cannot compensate for low oil and gas prices despite […]

  • BIMCO: Shipyard Overcapacity Remains Considerable

    15 May 2013

    The shipyard industry seemed to head straight for the output-abyss just 15 months ago. Today the transition from recent years’ record high shipyard output to a more sustainable level of output appears to soft-land with global shipyard output clearly slowing down. This BIMCO analysis compares data from December 2011 with data from March 2013, representing […]

  • EU to Co-Finance Rotterdam Multimodal Container Terminal (The Netherlands)

    8 February 2013

    The European Union will co-finance to the tune of €5 million from the TEN-T Programme a project to build a state-of-the-art multimodal container terminal at the Port of Rotterdam, The Netherlands. The future Rotterdam World Gateway (RWG) terminal will aim to have the highest modal shift ratio for a container terminal in Europe. The project, […]

  • EU to Co-Finance New Container Terminal at Port of Rotterdam

    8 February 2013
    Business & Finance

    The European Union will co-finance to the tune of €5 million from the TEN-T Programme a project to build a state-of-the-art multimodal container terminal at the Port of Rotterdam, The Netherlands. The future Rotterdam World Gateway (RWG) terminal will aim to have the highest modal shift ratio for a container terminal in Europe. The project, […]

  • LNG Limited makes changes to ADR ratio

    19 September 2014

    Liquefied Natural Gas Limited said that it will be changing its current Sponsored Level 1 American Depositary Receipt (ADR) ratio effective 23 September. The ratio will change from the current 1 ADR per 40 LNG common shares to 1 ADR per 4 LNG common shares.  Existing ADRs will continue to be valid and will not have to be exchanged […]

  • Australia: QCLNG Contract Goes to Monadelphous

    23 November 2012
    Project & Tenders

    QGC said it has awarded a contract worth more than A$80 million to Australian company Monadelphous Group for maintenance of the Queensland Curtis LNG (QCLNG) liquefied natural gas plant. The Gladstone arm of Monadelphous will support maintenance activities on Curtis Island including supply and operation of cranes, scaffolding, mechanical and electrical equipment. Monadelphous will provide […]

  • Viking Ocean Cruises Orders Two More at Fincantieri

    11 November 2015
    Business & Finance

    Viking Ocean Cruises and Italian shipbuilder Fincantieri have signed an agreement for the construction of two additional cruise ships. The new units, like the four sister ships which the ship owner has already ordered, will become part of Viking’s fleet respectively in mid-2018 and at the end of 2020, Fincantieri said. The contract is expected to […]

  • Shell sees BG deal working despite low oil price

    3 November 2015

    Shell said on Tuesday that its US$70 billion bid for BG will still work with oil prices in the mid-$60s a barrel as it expects higher synergies. “Shell has been able to de-risk its initial synergy estimates and increase the expected level of identified and reported on pre-tax synergies from $2.5 billion to $3.5 billion in 2018, […]

  • OTE Announces Notice of Call for Class ‘C’ Warrant Exercise

    1 October 2014
    Business & Finance, Technology

    Ocean Thermal Energy Corporation (OTE), a turnkey supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide, today gives notice to the holders of the Company’s Class ‘C’ Warrants that it is exercising its right to call the 2,000,000 shares purchasable upon exercise of the Warrants, effective Wednesday, October 1, 2014. […]

  • GWEC: 2014 to Blow Better Winds

    5 February 2014
    Business & Finance, Research & Development

    Global wind power capacity has reached a total of 318,137 MW, Global Wind Energy Council (GWEC) informed in its market statistics released today.  Even though this marks an increase of nearly 200,000 MW in the past five years, the annual market dropped by almost 10 GW to 35,467 MW. According to GWEC, this is a […]

  • GDBIW Secures Four Arleigh Burke-Class Destroyers

    4 June 2013

    U.S. Navy has awarded General Dynamics Bath Iron Works (BIW) a $2,843,385,450 fixed-price incentive firm target (FPIF) contract for the design and construction of four DDG 51 Arleigh Burke-class destroyers, one to be delivered in FY 2013 and one each in FY 2015-2017. This award also includes a contract option for a fifth ship. The […]

  • Transocean postpones five jack-ups

    8 March 2016
    Exploration & Production

    Offshore drilling contractor Transocean announced on Tuesday a mutual agreement with Keppel Offshore & Marine’s shipyard, Keppel FELS, to defer the delivery and related payments of five high-specification jack-ups until 2020. According to the drilling contractor, the Super B 400 Bigfoot Class jack-up drilling rigs are now scheduled to be delivered in two and three […]

  • Noble Corp. set to delay rig delivery following shipyard incident

    11 March 2016
    Exploration & Production

    Noble Corporation, a UK-based offshore driller, will have to postpone a rig delivery to its client Statoil, following a crane collapse incident that happened in a Sembcorp Marine shipyard in Singapore on February 28 in which three workers were injured. According to the company, an initial investigation into the cause of the incident has been completed […]

  • Boskalis’ 2013 revenue and net profit rise

    13 March 2014
    Business & Finance

    Royal Boskalis Westminster N.V. achieved revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax. Boskalis intends to distribute a dividend of EUR 1.24 per share and intends to start a […]

  • Port of Maputo Recognized as the Biggest Investor in Infrastructure

    1 September 2017
    Business & Finance

    The Port of Maputo recently received an award for being the Biggest Investor in the Infrastructure area in Mozambique during the period 2012-2016. The port went through an enormous transformation in the last 5 years, under the developments of the port’s Masterplan. The biggest infrastructure milestones were the two channel deepening projects (the first in […]

  • Petronas Vice President lays out firm’s strategies

    31 March 2014
    Business & Finance

    Petronas has allocated around MYR 1.1 billion until 2018, for our E&P Technology Centre arm to develop innovative and applicable technology to rejuvenate mature oil fields

  • EnQuest: Cost cutting mode stays ON

    17 March 2016
    Project & Tenders

    EnQuest, an independent oil and gas firm with assets in the UK North Sea, will continue with cost cutting efforts in 2016, both on capex and opex. In its 2015 results statement on Thursday, the company said its unit operating costs in 2015 were  $29.7 a barrel, down from $42.1 a barrel in 2014. For […]

  • Western Bulk Chartering Eyes USD 18 Mn in Equity

    27 February 2017
    Business & Finance

    Oslo-headquartered dry bulk shipping operator Western Bulk Chartering will launch an offering on February 27 to raise USD 18 million in an effort to strengthen the book equity and cash position.  The equity will be raised from the company’s existing shareholders in a private placement. “The transaction is backed in full by a subscription and […]

  • 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 […]

  • EIA: Australia set for LNG exporter top spot

    13 August 2019

    Australia is on track to surpass Qatar as the world’s largest liquefied natural gas (LNG) exporter, U.S. Energy Information Administration said, citing Australia’s Department of Industry, Innovation, and Science (DIIS).

  • USA: FMC Technologies to Receive Two Awards by OTC

    7 March 2012
    Business & Finance, Equipment

    FMC Technologies, Inc. has been named the recipient of two Spotlight on New Technology awards by the Offshore Technology Conference (OTC). The awards, which honor innovative technologies that significantly impact offshore exploration and production, recognize FMC’s subsea processing systems designed for Total’s Pazflor field and Petrobras’ Marlim field. “We are honored to be recognized by […]

  • ENAP: Chile to use U.S. LNG

    16 July 2014

    State oil company of Chile, ENAP, said it would use the ongoing contract with BG Group to start importing U.S. shale gas from the first half of 2016.  In a statement issued earlier this week, the company said that BG Group “will be in conditions to supply the fuel once the Sabine Pass LNG export terminal starts […]

  • Norway: Inocean Wins Contract for New Drillship Design

    6 May 2011

    COSCO (DALIAN) SHIPYARD CO LTD have awarded Inocean a contract for development and basic design of a new compact ultra deepwater drillship, INO-80, suitable for global operation. The design is being introduced to the market for the first time on tuesday (May 3th) in Houston at OTC 2011 today. “We are delighted to partner up […]

  • Final Skjold-Class Patrol Vessel Delivered to Norwegian Navy

    3 May 2013

    DCNS and its local partners recently delivered the sixth and final Skjold-class fast patrol boat to the Royal Norwegian Navy. The six-boat Skjold programme is led by a consortium comprising DCNS and two Norwegian contractors with DCNS acting as the combat system design authority and co-supplier. The Norwegian authorities entrusted the Skjold programme to a […]

  • KfW IPEX-Bank Invests Big in River-Cruise Ships

    7 February 2014

    KfW IPEX-Bank is financing the construction of another twelve Viking Longship-class river-cruise ships for the renowned Swiss-American river-cruise line Viking River Cruises (VRC). The financing, which has a maturity of 8.5 years, totals EUR 288.9 million. It encompasses export credit insurance by the German government (Hermes cover) and the favourable Commercial Interest Reference Rate (CIRR). […]