10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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).

  • 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). […]

  • Half of Galloper Turbines Up

    10 October 2017

    Swire Blue Ocean’s wind turbine installation vessel (WTIV) Pacific Orca has installed 28 out of 56 turbines at the 336MW Galloper offshore wind farm, innogy reported via social media.

  • PGNiG, ERU to supply natural gas to Ukrtransgaz

    3 October 2018

    Polish Oil and Gas Company (PGNiG) and Energy Resources of Ukraine have been contracted to supply natural gas to Ukrtransgaz, Ukrainian gas transmission network and storage facilities operator.

  • IMO Assembly Set to Adopt Mandatory Audit Scheme

    20 November 2013
    Business & Finance

    The Assembly of the International Maritime Organization (IMO), meeting for its 28th session in London, is expected to adopt 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. The 28th Assembly of […]

  • MMA’s Vessel Supports Santos’ FPSO in Australia

    16 October 2012
    Business & Finance

    Mermaid Marine Australia Limited (MMA) has been awarded a contract with Santos Limited in respect of the “Mermaid Ranger” for the provision of offshore marine support to Santos’ Modec Venture 11 (MV 11) floating production, storage and offloading (FPSO) facility in the Carnarvon Basin. The contract is for a term of two (2) years firm […]

  • Chesapeake Energy to supply gas to Golden Pass LNG

    3 August 2022
    Business Developments & Projects, Project & Tenders

    U.S. oil and gas company Chesapeake Energy has entered into a term gas supply agreement (GSA) with Golden Pass LNG Terminal, a joint venture of QatarEnergy and ExxonMobil.

  • Tauranga Clearing Space for Bigger Ships

    23 February 2015
    Business & Finance

    New Zealand’s Port of Tauranga handled 426,512 TEUs, up 11.9% on the prior year, while total cargo volumes increased 1.2% to 10 million tonnes in the six months to December 31, 2014. Last year’s agreements with freight and logistics management company Kotahi brought Maersk Line’s “Southern Star” service to Port of Tauranga, driving increased container traffic through the […]

  • Korean Banks Hit Hard by Shipbuilding Woes

    16 June 2016
    Business & Finance

    After South Korea launched a KRW 11 trillion (USD 9.5 billion) worth fund for state-run banks, the country’s lenders could need more help to absorb the enormous shipbuilding losses, Bloomberg reported. According to data provided by Bloomberg, ten of South Korea’s shipbuilders have together accumulated a debt of some USD 38.2 billion. As the country’s major shipbuilding and […]

  • OOCL Looking into More Alliances to Keep Scale

    7 March 2016
    Business & Finance

    As yet another tough year unravels for the container shipping industry Hong Kong’s Orient Overseas (International) Limited says it would continue searching for alliance opportunities in the container shipping sector to save costs. Commenting on the company’s full year results for 2015, Chairman of OOIL, Chee Chen Tung said that OOCL has participated in alliances for decades adding […]

  • COSMOS Nautical Training Centre to Get Transas’ Dynamic Positioning Simulators

    24 July 2013
    Business & Finance

    Under the contract, COSMOS NTC, Transas Global ECDIS Training Network (GET-Net) Partner, will gain Transas Class B and Class C DP simulators. The simulators will expand the existing Transas Full Mission Bridge and the Mini Bridge Simulators, which will be upgraded to the latest Navi-Trainer Professional 5000 software. Adding a DP2 station with MT controls […]

  • Xervo Discloses SOLAS Boat-In-A-Box

    11 June 2014
    Business & Finance

    The Danish lifeboat producer Xervo has announced a SOLAS version of its Boat-In-A-Box lifeboat and rescue boat systems. The Boat-In-A-Box system was developed in co-operation with Maersk Drilling to meet the NORSOK R-002 standard. ”We have had the luck and skill to develop a lifeboat system that we believe is the safest on the market. We won’t […]