10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • NAO to use IPO cash to buy Platform Supply Vessels

    2 June 2014
    Business & Finance

    Nordic American Offshore Ltd. (NAO) has filed a registration statement with the U. S. Securities and Exchange Commission (“SEC”), covering the proposed initial public offering of approximately 5,882,352 common shares. NAO expects to launch the initial public offering on Monday, June 2, 2014 before NYSE opening. The common shares have been approved for listing on […]

  • Oh, captain, (new) captain: Trump’s maritime masterstroke or navigational gamble?

    24 January 2025
    Authorities & Government, Market Outlooks

    Among the flurries of orders issued in the first hours post-inauguration, the current President of the United States Donald Trump has positioned Louis E. Sola at the very helm of the Federal Maritime Commission (FMC) and cast a long shadow over critical maritime issues. As disclosed, Sola was first nominated back in November 2018, which […]

  • NADL sends rig fleet to Russian waters in $4B deal

    31 July 2014
    Business & Finance

    North Atlantic Drilling Ltd. has announced that 6 binding offshore contracts have been executed with Rosneft Oil Company (“Rosneft”). The total revenue potential for the six contracts exclusive of mobilization is approximately US$4.25 billion. According to the agreement, any break rights expire after 100 days. The executed contracts include 5 year contracts for the West Navigator, […]

  • The Gemini countdown: Maersk and Hapag Lloyd geared up to ‘reshape’ sustainable shipping

    31 January 2025
    Collaboration, Outlook & Strategy

    The Gemini Cooperation—a long-term operational partnership between shipping colossals the Danish A.P. Moller-Maersk and Germany’s Hapag-Lloyd—is all but ready to launch tomorrow, February 1, 2025, intending to “reshape” global container shipping. The two shipping industry titans revealed their plan to join hands and form the Gemini Cooperation at the very beginning of 2024 and received […]

  • Lankhorst Ropes to Showcase Mooring Systems at OTC

    1 May 2014
    Business & Finance, Equipment

    Lankhorst Ropes’ breadth and depth of experience in meeting the mooring challenges facing operators will be in the focus at this year’s Offshore Technology Conference (OTC) 5-8 May in Houston on the WireCo WorldGroup booth, no. 1671 in the Reliant Center. Strongest Gama 98® to date The booth will feature Lankhorst’s largest diameter and strongest […]

  • France goes big on maritime decarbonization with ‘CORIMER low-carbon ships’ initiative

    6 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    The French government is launching a new call for proposals to accelerate the production of low-carbon ships and boats in the country.

  • U.S. Gulf of Mexico oil production breaking records. Set to rise further

    13 April 2017

    Oil production from the U.S. Gulf of Mexico broke an annual record in 2016, and it set to continue to rise in the upcoming two years as new projects go online. According to the U.S. Energy Information Administration the GOM production in 2016 set annual high of 1.6 million barrels per day (b/d), surpassing the […]

  • Drewry: Carriers Set Sail on a Long Road to Recovery

    20 February 2017
    Business & Finance

    The container shipping trade will mark positive growth numbers alongside most months of 2017, however, as long as carriers maintain the current capacity levels spot rates should see small, incremental increases, according to shipping consultancy Drewry. Growth is returning to the Asia-East Coast South America (ECSA) trade due to favourable comparisons, but container traffic remains […]

  • Court challenge takes first crack at US move to ignite offshore oil & gas drilling boom

    21 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy

    With the first legal stone cast at the reversal of ocean protections, the Trump administration is facing its initial environmental challenge from groups concerned about the threats stemming from steps taken to spur offshore drilling zest for a new era of oil and gas rush.

  • MPA: Alternative bunker fuel sales exceed 1 million tonnes in 2024

    24 January 2025
    Infrastructure, Ports & Logistics

    Sales of alternative bunker fuels exceeded one million tonnes for the first time to reach 1.34 million tonnes in 2024, the Maritime and Port Authority of Singapore (MPA) has revealed.

  • OSC Holds Naming Ceremony for VLCC TAQAH in South Korea

    15 October 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) named their latest Very Large Crude Carrier (VLCC) TAQAH, at Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South Korea on 9th August 2012. TAQAH has a 317,000 deadweight ton (DWT) capacity, is 333 meters length overall, 60 meter in beam and a design draft of 21 meters and […]

  • VLOC ‘VALE SAHAM’ Joins Oman Shipping Company’s Fleet

    7 January 2013

    Oman Shipping Company (OSC) took delivery of its third Very Large Ore Carrier (VLOC) ‘VALE SAHAM’ in China on January 4th 2013, which will be used in the transportation of iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under construction at Jiangsu Rongsheng Heavy Industries Company in Nantong […]

  • Oman Shipping Company Takes Over New VLOC from China

    7 January 2013
    Business & Finance

    Oman Shipping Company (OSC) took delivery of its third Very Large Ore Carrier (VLOC) ‘VALE SAHAM’ in China on 4th January 2013, which will be used in the transportation of iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under construction at Jiangsu Rongsheng Heavy Industries Company in Nantong […]

  • NAO Takes Delivery of Last of Six PSVs

    15 January 2014

    Nordic American Tankers (NAT) said that Nordic American Offshore (NAO) took delivery of the last of the six recently built Platform Supply Vessels (PSVs) from the Ulstein Group of Norway. NAT has 26% of the share capital in NAO. A subsidiary of NAT is the manager of NAO. The PSV vessels play an integral role […]

  • UK firm’s acquisition of ‘fast-payback’ oil & gas fields marks new country entry in Southeast Asia

    22 January 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    EnQuest has set the wheels in motion to expand its presence in Southeast Asia by buying Harbour Energy’s business in Vietnam, which encompasses producing oil and gas assets.

  • RPS, Petrofac Offer THUET Course at OTC

    7 May 2014
    Business & Finance, Equipment

    Raytheon Professional Services LLC, (RPS), a subsidiary of Raytheon Company, and Petrofac Training Services announced a first-of-its-kind offering under their jointly owned Hi-Con Training program. The new Tropical Helicopter Underwater Escape Training (THUET) course is being launched at the Offshore Technology Conference (OTC) in Houston, May 5-8, 2014. Approved by OPITO, an accreditation body for the oil […]

  • Transocean puts off delivery dates for two drillships again

    20 April 2016
    Exploration & Production

    Two ultra-deepwater drillships being built in Singapore for one of the world’s largest offshore drilling contractors, Transocean, have been delayed for the second time.  Transocean said on Tuesday that an agreement has been made with with Sembcorp Marine’s subsidiary, Jurong Shipyard, to defer the delivery and related final payments of two dynamically positioned ultra-deepwater drillships. […]

  • OTE Corp revamps to OTCQB Venture Market

    5 June 2017
    Business & Finance, Technology

    Ocean Thermal Energy Corporation (OTE Corp) has received an approval to upgrade its common stock from the Pink Open Market to the OTCQB Venture Market.

  • FMC Technologies honoured with two OTC awards

    30 April 2014
    Business & Finance

    FMC Technologies, Inc. announced today that it will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of two Spotlight on New Technology Awards. The awards, which honor innovative technologies that significantly impact offshore exploration and production, are in recognition of FMC Technologies’ ISOL-8 Pump and Offshore Loading Arm Footless. “We […]

  • Oman Drydock Repairs First LNG Carrier

    18 September 2014
    Business & Finance

    Oman Drydock Company (ODC) has completed its first major LNG repair and maintenance project since being awarded the coveted Gaztransport & Technigaz (GTT) licence in June. Middle-East based ODC has just completed work on the Ibra LNG, owned by Oman Shipping Company (OSC), one of the biggest shipping companies in the Gulf. It is the first […]

  • InterDam’s G21 FirePanel Passes H120 Tests

    1 May 2014
    Business & Finance

    In April 2014, InterDam’s next-generation G21 FirePanel successfully completed H120 tests. During the DNV GL- and Lloyd’s-Register-approved test, the G21 FirePanels maintained their fire resistance, structural integrity and insulation for over 180 minutes at hydrocarbon-fire-curve temperatures. Weight-saving The modular, cost-effective G21 FirePanel technology offers major advantages over the traditional fire resistant panels, including an easy […]

  • InterDam completes G21 FirePanel H120 tests

    1 May 2014
    Business & Finance, Equipment

    In April 2014, InterDam’s next-generation G21 FirePanel successfully completed H120 tests. During the DNV GL- and Lloyd’s-Register-approved test, the G21 FirePanels maintained their fire resistance, structural integrity and insulation for over 180 minutes at hydrocarbon-fire-curve temperatures. Weight-saving The modular, cost-effective G21 FirePanel technology offers major advantages over the traditional fire resistant panels, including an easy […]

  • Update: ONE Apus heading toward Kobe as lost units are revised to 1,816

    7 December 2020
    Authorities & Government, Safety, Vessels

    The revised estimate of lost containers from the Japanese-flagged containership ONE Apus now stands at 1,816 units, scaled down from the initial estimates which exceeded 1,900 containers. Some 64 containers of those damaged or lost are believed to contain dangerous cargo, up from 40 which had been previously reported by Ocean Network Express (ONE), the charterer […]

  • Thrustmaster Secures Propulsion Deal at OTC

    9 May 2014
    Business & Finance

    Thrustmaster of Texas, a manufacturer of commercial marine propulsion equipment based out of Houston, closed out this year’s OTC by signing a contract with the Dutch Barge Company Thursday to supply a complete thruster package. Thrustmaster is staged to supply a complete thruster package to outfit a multi-purpose offshore supply vessel that will be classed […]

  • FMC Technologies to Get Two Spotlight on New Technology Awards at OTC

    30 April 2014
    Business & Finance, Equipment

    FMC Technologies, Inc. informed that it will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of two Spotlight on New Technology Awards. The awards, which honor innovative technologies that significantly impact offshore exploration and production, are in recognition of FMC Technologies’ ISOL-8 Pump and Offshore Loading Arm Footless. “We are […]