10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • French Floating Wind Project Lags Behind

    6 February 2014
    Research & Development, Technology

    After being announced as imminent on several occasions in 2013, the construction of the floating wind turbine prototype Winflo has still not commenced. For this reason, DCNS and Nass & Wind have decided to reconsider the project. Initially, the developers were planning to deploy a small-scale demonstrator with a 1MW turbine, while the final device […]

  • Eidesvik Offshore expects healthy PSV market in North Sea

    27 February 2014
    Business & Finance

    Eidesvik Offshore has announced in their quarterly results that the operating profit (EBIT) for Q4 2013 was MNOK 81,0 compared to MNOK 44,0 for the same period last year. Operating income was MNOK 237,9 compared to MNOK 223,7 for the same period last year. Profit for the quarter was MNOK 31,8 compared to MNOK 38,5 […]

  • Over 110 Gigs for Oman Shipping Company’s VLCC Chartering Desk

    1 August 2018
    Business & Finance

    Oman Shipping Company’s VLCC commercial chartering desk secures over 100 fixtures with world oil majors.

  • Dominion’s Cove Point liquefaction project 67 pct done

    16 August 2016

    Dominion’s Cove Point LNG export facility near Lusby, Maryland, has reached 67 percent completion, according to the company’s president and chief executive officer Thomas F. Farrell II.

  • French Floating Wind Project Lags Behind

    6 February 2014
    Research & Development, Technology

    After being announced as imminent on several occasions in 2013, the construction of the floating wind turbine prototype Winflo has still not commenced. For this reason, DCNS and Nass & Wind have decided to reconsider the project. Initially, the developers were planning to deploy a small-scale demonstrator with a 1MW turbine, while the final device […]

  • Russia: USC Receives Order to Design New Aircraft Carrier for Defense Ministry

    21 November 2011

    Russian defense ministry ordered a conceptual design for prospective aircraft-carrying cruiser from JSC United Shipbuilding Corporation (USC), reports Interfax citing defense minister Anatoly Serdiukov. He noted, however, that State Arms Program 2011-2020 did not provide financing for construction of such ships. “No money assigned for that till 2020, and we’ve no such plans“, said the […]

  • Oman Shipping Company Adds LPG Carrier to Its Fleet

    28 May 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) announced the addition of the LPG Carrier “GAS ELIXIR” to its fleet. Built in 2011, the 5,000 CBM capacity vessel, with a 100m Length overall, 17.6m beam and draft of 8m, will be on time charter to Oman Trading International (OTI), taking Omani LPG to regional markets. This vessel joins […]

  • OneSubsea Ships 100th Subsea Tree from Malaysian Facility

    20 March 2014
    Business & Finance, Equipment

    OneSubsea has shipped its 100th subsea tree from its manufacturing facility at Port of Tanjung Pelepas in Johor, Malaysia.  The state-of-the-art facility has been operating since 2007 providing subsea wellhead systems, valves and trees across the globe. The first subsea tree manufactured at the Johor facility was shipped in 2008. OneSubsea Chief Executive Officer Scott […]

  • Ship Size Revolution Boosts Port Productivity

    5 August 2014
    Business & Finance

    The top 25 port and terminal operators in each region around the globe all increased productivity in 2013, according to the latest data on port productivity provided by the Journal of Commerce (JOC). The JOC database relates to specific data from individual terminals based on average moves per hour, counting in  ports that clocked up […]

  • TotalEnergies to restore full gas production at North Sea field this week after operational hiccup

    7 April 2025
    Business Developments & Projects, Operations & Maintenance

    Partners in a natural gas redevelopment project in the Danish sector of the North Sea expect the project to reach its full technical capacity this week, following a month-long hiatus due to an operational obstacle.

  • Marrying sails and biofuel, Odfjell tanker demonstrates ‘first’ near carbon-neutral transatlantic voyage

    25 April 2025
    Infrastructure, Vessels

    Chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel. The milestone voyage proves how existing technologies and fuels can be paired to accelerate deep-sea shipping’s transition to net-zero emissions, Norwegian shipping company Odfjell said.

  • BHP Billiton strikes oil at Trion appraisal well (Mexico)

    22 January 2019

    Australian industrial giant BHP Billiton has struck oil at an appraisal well at the Trion field offshore Mexico. The company which spudded the well on November 15, 2018, said the first appraisal well at Trion in Mexico (Trion-2DEL) encountered oil, “in line with expectations.” “This was the first well drilled by an international operator in […]

  • Step on the gas, pretty please

    1 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones.

  • Report: Petronas targeting 1Q 2020 for 2nd FLNG unit start-up

    4 April 2019
    Infrastructure

    Report: Petronas targeting 1Q 2020 for 2nd FLNG unit start-up

  • Infographic: Regal Princess Facts

    9 October 2014
    Business & Finance

    Regal Princess, a Royal-class cruise ship operated by Princess Cruises, will be christened by the cast of The Love Boat on November 5th, 2014 in Fort Lauderdale, Florida, USA. She was ordered on 17th February 2010, her construction began in August 2012 and she was delivered to Princess Cruises on May 11th, 2014 in a […]

  • IMO Assembly Adopts Mandatory Audit Scheme

    5 December 2013
    Business & Finance

    The Assembly of the International Maritime Organization (IMO), meeting for its 28th session in London, has adopted key resolutions and amendments relating to the Organization’s mandatory audit scheme, paving the way for the scheme to come into effect by 2016 once amendments to mandatory instruments have entered into force. Election of the IMO Council The […]

  • Oman Shipping Company Takes Delivery of Its Latest VLCC from DSME

    16 January 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) has taken delivery of its latest Very Large Crude Carrier (VLCC), “AS SUWAYQ”, at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea, on January 11th 2012. “AS SUWAYQ” has a 317,000 DWT capacity and is 333 m in length overall, 60 m in beam with the design […]

  • Maersk Drilling sees positive impact from rig fleet growth

    15 May 2015
    Business & Finance, Exploration & Production

    Maersk Drilling has delivered a profit of $168 million in the first quarter of 2015 compared to $116 million in the first quarter last year.  The company says that the result was positively impacted by fleet growth and continued good operational performance, but partly offset by two rigs being idle. The underlying profit for the […]

  • Gazprom Neft’s Arctic Terminal Completed

    28 September 2015
    Business & Finance

    Russia’s oil producer Gazprom Neft has completed the construction of a new Arctic terminal at Novy Port, located at Cape Kamenny, Gulf of Ob, Yamal Peninsula about 400 km south of Novatek’s Sabetta port. The terminal is intended for year-round loading of tankers from Novoportovskoye oil and gas field under Novy Port project, the company’s press center says. Novoportovskoye […]

  • Gazprom Neft’s Arctic Terminal Completed

    28 September 2015
    Business & Finance

    Russia’s oil producer Gazprom Neft has completed the construction of a new Arctic terminal at Novy Port, located at Cape Kamenny, Gulf of Ob, Yamal Peninsula about 400 km south of Novatek’s Sabetta port. The terminal is intended for year-round loading of tankers from Novoportovskoye oil and gas field under Novy Port project, the company’s press center says. Novoportovskoye […]

  • OneSubsea reaches subsea trees milestone. 100th unit shipped

    20 March 2014
    Business & Finance, Equipment

    OneSubsea™ has shipped its 100th subsea tree from its manufacturing facility at Port of Tanjung Pelepas in Johor, Malaysia.

  • Wood Mackenzie: Exploration to slow down in 2015 (Norway)

    13 January 2015

    Wood Mackenzie, an energy intelligence company has, in its annual review of Norway’s upstream oil and gas sector, said that despite the dramatic fall in oil prices in the last quarter, on the surface 2014 was business as usual for the country’s buoyant upstream sector. However, the company we expect to see a slow down in exploration, […]

  • DSM Dyneema Improves DM20 with Dyneema Max Technology

    5 May 2014
    Business & Finance, Equipment

    The world’s most creep-resistant ultra-high molecular weight polyethylene fiber is even better than previously thought. Producer DSM Dyneema unveiled DM20, based on its new Dyneema® Max Technology, at the OTC Offshore Technology Conference in 2012, for use in mooring ropes for offshore production platforms. Since then, the company has been carrying out extensive characterization studies […]

  • USA: FMC Technologies Wins Two Spotlight on New Technology Awards

    7 March 2012
    Business & Finance, Equipment

    FMC Technologies, Inc. announced that it 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 […]

  • Saipem to cut capex, focus on core business. New logo revealed

    28 October 2015
    Business & Finance

    Saipem, the Italy-based oilfield services provider, has revealed its strategic plan for 2016-2019, that the company hopes will make it leaner, more competitive and ready to react to the energy market recovery.  The company feels the oil market could start recovering gradually in 2017. In line with the new strategy, the company has also revealed […]