10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Prosafe unit staying longer with Petrobras in Brazil

    5 November 2021
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Prosafe has signed a further contract extension with Petrobras to provide a semi-submersible vessel for maintenance support offshore Brazil.

  • USPA Focuses on the Improvement of Dredging Tender Procedures

    24 February 2017
    Business & Finance

    Ukrainian Seaports Authority (USPA) has just announced that the company is working on a new document which should improve dredging tender procedures in the country. The announcement was made earlier this week during a meeting with the dredging companies, attended by the representatives of DEME, Royal Boskalis Westminster, Jan De Nul, Tianjin Dredging Company, Rohde Nielsen […]

  • Congo: Chevron Moves Ahead with Development of Lianzi Field

    31 July 2012
    Business & Finance, Operations & Maintenance

    Chevron Corporation announced that its subsidiary 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. Located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water, the Lianzi field will be developed via a tieback to […]

  • Nord Stream Inks Phase I Repricing Arrangements with Banks

    27 October 2011
    Business & Finance, Operations & Maintenance, Research & Development

    Nord Stream can confirm it has agreed repricing arrangements with its relationship banks for the 3.9 billion euro Phase I project finance facilities. Nord Stream undertook this exercise in order to bring Phase I pricing into line with the pricing it achieved for the 2.5 billion euros raised for the Phase II facilities which were […]

  • ALE tests huge crane ahead of FPSO integration job

    5 September 2016
    Equipment, Infrastructure

    ALE Heavy Lift, a UK-based heavy-lift and transportation specialist, is testing what it says it the world’s largest capacity land-based crane, the AL.SK350, ahead of the real work on an FPSO integration. The testing is being conducted in Brazil, where the crane has been rigged for the first time and successfully load tested. The crane was load-tested in […]

  • Russia: Nord Stream Receives Strong Support from Banks

    27 October 2011
    Business & Finance

    Nord Stream today confirmed it has agreed repricing arrangements with its relationship banks for the 3.9 billion euro Phase I project finance facilities. Nord Stream undertook this exercise in order to bring Phase I pricing into line with the pricing it achieved for the 2.5 billion euros raised for the Phase II facilities which were […]

  • BW Offshore sheds light on Catcher FPSO hull delay

    28 August 2015
    Project & Tenders

    BW Offshore, a Norwegian provider of FPSO units, has shed some light on what is going on with the Catcher FPSO, destined for the Premier Oil-operated Catcher field in the UK North Sea. While Premier Oil itself in August said there were some delays in the construction of the FPSO, the Norwegian FPSO-owner on Friday […]

  • Alphaliner: Weak Earnings Lead to Hapag-Lloyd, UASC Merger

    25 July 2016
    Business & Finance

    Last week’s merger agreement between German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) was made amid ‘significant financial challenges’ that both companies are facing, according to Alphaliner. Despite annual synergy savings of USD 400 million, which the company hopes to achieve from the combination of Hapag-Lloyd’s and UASC’s container shipping businesses, the merged carrier will still require additional financial support […]

  • Sill Reinforcements in New Panama Canal Locks Completed

    5 February 2016
    Business & Finance

    The sill reinforcements in the new locks of the Panama Canal have been completed this week, bringing the Panama Canal Expansion one step closer to inauguration, the Panama Canal Authority (ACP) informed. The so-called Cocoli’s locks sprung a leak in August 2015, and the project contractor Grupo Unidos por el Canal (GUPC) was working ever since to […]

  • Malaysia: TAS Shipbuilding Foresees Stronger Demand for Offshore Support Vessels and Tugboats

    15 August 2011

      Sibu-based shipbuilder TAS Offshore Bhd (TAS), which foresees a stronger demand for offshore support vessels and tugboats, is all set to expand its shipbuilding operations to China. Group deputy managing director Simon Lau said TAS planned to use the shipyard facilities of its partner in China to build the vessels. “We are working on […]

  • Ørsted Gets Positive Feedback on Hornsea Two OSS Application

    28 March 2018
    Authorities & Government, Environment, Storage

    UK governmental agencies, conservation organisations and companies have responded positively to Ørsted’s application to reduce the number of offshore substations and increase the size of the topsides on the Hornsea Project Two offshore wind project.

  • Correction: DORIS Renewables’ Floating Wind Gigs Completed

    27 March 2017

    Following last week’s reports that DORIS Engineering’s recently set up division, dedicated to renewable energy, is starting its operations with floating offshore wind projects in France, the company told Offshore WIND that the works DORIS Renewables has been in charge of have already been completed.

  • Norway: Atlantic Offshore Places Order for Havyard’s Next Generation Standby Vessel

    28 June 2012

    The Fosnavag-based Havyard Group AS was today officially unveiled as supplier of a Havyard 820 design for the shipping company Atlantic Offshore. Atlantic Offshore is located at Sotra just outside Bergen and has a fleet of 22 vessels. The company has around 580 employees. The vessel is a standby vessel or FSV (Field Support Vessel), […]

  • Norway: Havyard to Design Field Support Vessel for Atlantic Offshore

    28 June 2012
    Business & Finance

    The Fosnavag-based Havyard Group AS was today officially unveiled as supplier of a Havyard 820 design for the shipping company Atlantic Offshore. Atlantic Offshore is located at Sotra just outside Bergen and has a fleet of 22 vessels. The company has around 580 employees. The vessel is a standby vessel or FSV (Field Support Vessel), […]

  • OVL Borrows USD 2.5 Bln to Finance Rovuma Stake Acquisition

    14 February 2014

    ONGC Videsh Limited (OVL), the overseas arm of Oil and Natural Gas Corporation Limited (ONGC), has entered into separate agreements with two consortiums of international banks to raise USD 2.5 billion by way of offshore borrowings to finance its acquisition of 10% participating interest in Rovuma Area I Block in Mozambique offshore. The first facility […]

  • UK: Wind Farm Announcement Boosts Shetland Wave Project

    6 April 2012

    The project partners behind Shetland’s first wave power scheme said that the Scottish Government decision to approve a major wind farm on the island gives the proposal a significant boost. The 10 megawatt (MW) Aegir Wave Power scheme, backed by European energy company Vattenfall and Edinburgh based technology developer Pelamis Wave Power (PWP), could only […]

  • USA: Jensen Maritime Completes Custom Design Work for New ASD Tugboat

    2 August 2011
    Business & Finance

    Jensen Maritime Consultants, Inc., recently completed the custom design work for the Bob Franco, a new Azimuth Stern Drive (ASD) tugboat for Harley Marine Services. The vessel – measuring 120 feet in length and 35 feet in width – is one of the first to be powered by Tier III CAT C175 engines, which have […]

  • B.C. Oil and gas land sales bring in close to CAD 25 million

    15 September 2014

    B.C.’s September 2014 natural gas and petroleum rights sale resulted in nearly $24.9 million in bonus bids, contributing to the fiscal year total with over $68 million in total land sales. The Sept. 10, 2014, sale resulted in twenty six parcels being sold, covering 14,728 hectares with an average price of $1858 per hectare. Key parcels […]

  • Lithuanian LNG terminal’s H1 regas volumes drop

    31 July 2018

    Liquefied natural gas (LNG) volumes at Lithuania’s first and only import terminal in the port of Klaipeda decreased during the first half of the year compared to the same period in 2017. 

  • 20 Capesize Bulkers Scrapped Already in 2020

    5 March 2020

    Poor bulker markets have pushed owners to scrap 20 Capesize bulkers so far this year.

  • USA: Jensen Maritime to Design Largest Freezer Longliner Fishing Vessels

    15 February 2012
    Business & Finance

    Jensen Maritime Consultants, a Crowley Maritime company, has been chosen to design one of the world’s largest freezer longliner fishing vessels for Alaska fishing company Alaskan Leader Fisheries LLC. The vessel, Northern Leader, will be constructed by J.M. Martinac Shipbuilding Corporation of Tacoma, Wash. Once built, this vessel will have one of the largest freezer […]

  • Panama Canal Expansion: SUNTRACS Workers Strike

    8 May 2014
    Business & Finance, Equipment, Technology

    The suspension of productive work on the Panama Canal’s Third Set of Locks Project that began on April 23rd, after a decision made by the Construction Workers Union (SUNTRACS for its initials in Spanish) while negotiating working conditions with the Panamanian Chamber of Construction (CAPAC), is keeping the construction paralyzed. Once this strike call is […]

  • CNOOC, Husky pen PSC for South China Sea block

    3 December 2015
    Business & Finance

    Chinese oil company CNOOC has signed production sharing contract with Canada’s Husky Energy for Block 15/33 in the South China Sea.

  • VIDEO: USS America Sails Away

    13 July 2014
    Business & Finance

    The amphibious assault ship America (LHA 6) has departed the Huntington Ingalls Industries’ Ingalls Shipbuilding division, sailing to the West Coast in preparation for her Oct. 11 commissioning in San Francisco.   The sail away has sparked considerable interest from the public who were eager to see the steel giant move across the sea in […]

  • Corpus Christi Port Chief Says U.S. LNG Exports Will Provide Huge Economic Gains

    18 April 2014

    Port of Corpus Christi Authority Commission Chair, Judy Hawley recently testified before a US House Comittee on the benefits of exporting LNG from the United States. Hawley told lawmakers that the LNG exports could provide huge economic gains that would flow well beyond the oilfields. Cheniere Energy is planning a liquefaction project on the La […]