10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • OSC Takes Delivery of Its New Very Large Crude Carrier from DSME, South Korea

    20 March 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) took delivery of a Very Large Crude Carrier (VLCC) “IZKI”, yesterday, at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea. The vessel named “IZKI” is designed and constructed according to the latest international standards, and it has advanced ballast water treatment technology to comply with international conventions […]

  • Oman Shipping Company Adds New LPG Carrier GAS ELIXIR to Its Fleet

    28 May 2012

    Oman Shipping Company S.A.O.C. (OSC) announced the addition of the LPG Carrier GAS ELIXIR, built by Kanrei Shipbuilding Co of Japan, 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 […]

  • China: Fujian Mawei to Build Four CSS Vessels for MAC Offshore

    1 April 2013
    Business & Finance

    Marine Assets Corporation (MAC Offshore) has announced the successful launching of the CSS OLYMPIA at the Liya Pingtan Shipyard, a yard under the management of Fujian Mawei Shipbuilding in Fujian Province, the People’s Republic of China. During a speech given at the launching ceremony, MAC CEO, Mr. Robin Reeves, announced the recent signing of contracts […]

  • China: Mawei Shipbuilding Wins Biggest Order in Its History

    1 April 2013

    Marine Assets Corporation (MAC Offshore) has announced the successful launching of the CSS OLYMPIA at the Liya Pingtan Shipyard, a yard under the management of Fujian Mawei Shipbuilding in Fujian Province, the People’s Republic of China. During a speech given at the launching ceremony, MAC CEO, Mr. Robin Reeves, announced the recent signing of contracts […]

  • Vantage drillship wins two-year gig with ONGC

    4 February 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Vantage Drilling has informed that its drillship Platinum Explorer has received a letter of award for a two-year contract from ONGC.

  • Compact Semi-Submersible OLYMPIA Launched (China)

    1 April 2013
    Business & Finance

    Marine Assets Corporation (MAC Offshore) has announced the successful launching of the CSS OLYMPIA at the Liya Pingtan Shipyard, a yard under the management of Fujian Mawei Shipbuilding in Fujian Province, the People’s Republic of China. During a speech given at the launching ceremony, MAC CEO, Robin Reeves, announced the recent signing of contracts for […]

  • Nordic American Offshore starts IPO in New York

    2 June 2014
    Business & Finance

    Nordic American Offshore Ltd. announced today the start of its initial public offering of 5,882,352 common shares. Since November 2013, 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. The Company expects to grant the underwriters a 30-day option […]

  • BIMCO’s Analyses Show Significant Turn for Shipyard Industry

    15 May 2013
    Business & Finance

    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 […]

  • 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. […]

  • CGG Q3 Fleet Production Rate at 92 Pct

    8 October 2015
    Business & Finance, Operations & Maintenance

    French seismic contractor, CGG, has seen its vessel availability rate at 84 per cent, compared to a 74 per cent availability rate in the first quarter of 2015 and a 92 per cent rate in the second quarter of 2014. The vessel production rate was 92 per cent, compared to a historic high 94 per […]

  • Mermaid Recognised for Job Well Done

    24 December 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Mermaid Maritime, a provider of subsea and drilling services for the offshore oil and gas industry,  has separately received two commendations from its long-term customers for its exemplary showings in performance and safety standards. In Indonesia, Mermaid’s Indonesian unit received a full score from its customer after successfully completing their 2014 subsea inspection, repair and […]

  • Odfjell Reports Improved 4Q 2017 Results

    15 February 2018
    Business & Finance

    Although challenging chemical tanker market continued, Odfjell improved its earnings in 4Q 2017.

  • Thrustmaster to Supply Dutch Barge Company with Propulsion Equipment

    9 May 2014
    Business & Finance, Equipment

    Thrustmaster of Texas, a manufacturer of commercial marine propulsion equipment based out of Houston, closed out this year’s OTC by placing ink to paper after signing a contract on the trade show floor with the Dutch Barge Company to supply a complete thruster package. The deal concluded at a press conference inside the Reliant Center hosted by Thrustmaster’s […]

  • GALLERY: First line of TurkStream pipeline reaches Turkey

    1 May 2018
    Project & Tenders

    Allseas’ giant Pioneering Spirit pipelayer has completed the installation of Line 1 of Gazprom’s Turkstream deepwater gas pipeline in the Black Sea

  • 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 […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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. […]

  • SBM Offshore’s $400M FPSO deal opens doors to ‘innovative’ financing avenues

    9 April 2025
    Business & Finance, Business Developments & Projects

    SBM Offshore has made its first foray into sale and leaseback financing with a multimillion-dollar refinancing of a floating production, storage, and offloading (FPSO) vessel operating off the coast of Brazil.

  • 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 […]