10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
Order results by

A list of search results

  • Deepwater to play critical role in energy supply

    31 March 2014

    Deep water is expected to play a critical role in delivering energy; many forecasts predict that more than 300 billion bbl of crude oil needs to come from deep water, approximately 10% of the overall crude to be found.

  • EMGS lands $10M deal for offshore survey in India

    17 January 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Norway’s Electromagnetic Geoservices (EMGS) has been awarded a contract for a controlled-source electromagnetic (CSEM) survey in India, with an estimated value of approximately $10 million.  The letter of award (LOA) does not include a minimum scope of work and is contingent on the issuance of a callout order. According to EMGS, the vessel Atlantic Guardian […]

  • TotalEnergies bumps plateau production at giant North Sea gas project to month-end

    14 January 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    TotalEnergies has revised its plateau production timeline as ramp-up activities continue to ensure all fields will be up and running at full capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

  • More idle time for Saipem’s semi-sub Scarabeo 5

    13 April 2016
    Exploration & Production

    Saipem’s semi-submersible drilling rig Scarabeo 5, built at the Fincantieri Shipyard in Italy in 1990, will have to wait some more before it starts working for Statoil again. Namely, Norwegian oil and gas company Statoil reportedly decided to prolong a suspension period for Saipem’s semi-sub drilling rig. The rig is under a contract with the Norwegian company […]

  • VIDEO: Bayards Aluminium, Barge Master design first aluminium MCH

    2 May 2014
    Business & Finance, Equipment

    In the offshore industry operational hours are valuable and uptime is critical. Most people would agree that vessel motions currently have a larger than preferred effect on the safety and costs of offshore operations. The market requires a solution that increases the window for offshore helicopter landings in severe weather conditions. Bayards Aluminium constructions, a […]

  • EIA: Half of 2013 Power Plant Capacity Additions Came from Natural Gas

    9 April 2014

    Natural gas-fired power plants accounted for just over 50% of new utility-scale generating capacity added in 2013. Solar provided nearly 22%, a jump up from less than 6% in 2012. Coal provided 11% and wind nearly 8%. Almost half of all capacity added in 2013 was located in California. In total, a little over 13,500 […]

  • Vestas 3Q EBIT Down to EUR 84 Million (Denmark)

    9 November 2011

    Vestas generated revenue of EUR 3,798m in the first nine months of 2011, which was in line with the year-earlier period. EBIT declined by EUR 136m to EUR (84)m. The EBIT margin was (2.2) per cent. The free cash flow improved significantly to EUR (218)m from EUR (878)m in the first nine months of 2010. […]

  • Caspian Sunrise completes acquisition of drilling vessel

    20 October 2020
    Business & Finance, Business Developments & Projects, Vessels

    Caspian Sunrise, an oil and gas company with a focus on Kazakhstan, has completed the acquisition of the Caspian Explorer drilling vessel.

  • Petrobras: 17.000 people to be trained for work in oil & gas sector

    7 May 2014
    Business & Finance

    This Tuesday (May 6th), Paulo Sergio Rodrigues Alonso, the Petrobras CEO’s special advisor on local content and executive coordinator of Prominp (National Oil and Gas Sector Mobilization Program), revealed that a total of seventeen thousand people will be trained to work in the oil and gas sector between now and 2016.   The executive said […]

  • SURF IM Network to meet during OTC week

    5 May 2014
    Business & Finance

    The first meeting of a new knowledge sharing forum on the topic of subsea integrity management practice will take place in Houston during OTC week. The SURF IM Network is being led by Wood Group Kenny with support from the Industry Technology Facilitator (ITF) and 13 operating companies, including many of the major international operators […]

  • Ensco lands new jack-up deals while preparing to stack more rigs

    14 October 2016
    Business & Finance, Exploration & Production

    UK-based offshore driller Ensco has been awarded several new drilling contracts for its jack-up rigs while also preparing to stack other rigs that remained unemployed.  According to Ensco’s latest fleet status report on Thursday, the 1981-built jack-up rig drilling rig Ensco 84 has been awarded a contract extension with Saudi Aramco from late December 2016 until […]

  • 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 […]

  • Fincantieri to Build Two More for Viking Ocean Cruises

    18 April 2017
    Business & Finance

    Italian shipbuilder Fincantieri has signed a memorandum of agreement for the construction of two additional cruise ships, with an option for another two, with Viking Ocean Cruises. The 47,800 gross ton newbuilds, which will be sister ships to the six already ordered vessels, are expected to enter the Viking fleet in 2021 and 2022, respectively. […]

  • RS: New Phase of LNG Carriers Training Completed

    7 March 2014
    Business & Finance

    Russian Maritime Register of Shipping (RS) has carried out a new phase of surveyors training on classification services for LNG carriers. The first phase (2008 to 2010) was carried out by RS in cooperation with American Bureau of Shipping (ABS) and included a theoretical course for surveyors according to joint programme and a practical training […]

  • 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 […]

  • Gazprom’s gas reserves trump production rates with lion’s share in Arctic and Yamal Peninsula

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

    Russia’s energy giant Gazprom has expanded its natural gas resource base by performing geological exploration in 2024 to fortify the Russian Federation’s energy security. This enabled the company to augment its gas reserves so that they once again eclipse its production rates, with the biggest chunk stemming from the Arctic and the Yamal Peninsula.

  • 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 […]

  • 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