10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • PGNiG Opens New UGS Facility (Poland)

    3 January 2014

    Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) has opened a new cavern underground gas storage facility in Kosakowo, northern Poland. The site will improve gas transmission in the Pomerania region, in particular by ensuring the continuity of supplies and facilitating the connection of new users to the gas supply network. The new facility, comprising surface infrastructure […]

  • MHI Turning Back on Cruise Ships?

    22 June 2016
    Business & Finance

    After experiencing cost overruns in its cruise ship sector, Japanese shipbuilder Mitsubishi Heavy Industries (MHI) is now reviewing its future position in the cruise shipbuilding industry, The Financial Times said. MHI has been discussing its future involvement in cruise shipping with its customers, the Financial Times cited Shunichi Miyanaga, MHI’s chief executive. Miyanaga added that the […]

  • France: GDF Suez Makes EUR 3 Billion Bond Issue

    23 May 2012

    GDF SUEZ of France said it has achieved a three-tranche €3billion bond issue: – €1 billion, maturing in February 2016, with a 1.5% coupon – €1 billion, maturing in June 2018, with a 2.25% coupon – €1 billion, maturing in February 2023, with a 3% coupon. The average coupon of the issue is 2.25% and […]

  • Maersk Honam Section on Its Way to South Korea

    15 February 2019
    Business & Finance

    A heavy-lift vessel is taking the sound part of the Maersk Honam to South Korea where it will be rebuilt.

  • VIDEO: Hyundai Heavy lifts Aasta Hansteen LQ onto topside

    28 January 2016

    Norwegian oil and gas company Statoil shared a video of Aasta Hansteen living quarters being lifted onto the topside. The lifting took place January 9, 2016, in Ulsan, South Korea, where the platform is currently being constructed by Hyundai Heavy Industries. The Aasta Hansteen living quarters were completed in early November 2015 in the Netherlands by CKT, a Dutch […]

  • Low Freight Rates Affect CBM’s Q1 Results

    25 April 2014
    Business & Finance

    The executive committee of Compagnie Maritime Belge (CBM), a maritime group seated in Antwerp, has reviewed the results recorded for the first quarter of 2014. The consolidated result for the first quarter 2014 amounts to USD – 3. 1 million. Bocimar, the company’s dry cargo transport arm,  contributes USD -4.3 million to the consolidated result […]

  • DW: Saudi Aramco IPO would dwarf other “mega-deals”

    18 January 2016

    Saudi Arabia’s reluctance to cut production to maintain its share of the global crude market has paid off, Douglas-Westwood, an energy intelligence group, said in its DW Monday report.  By not “blinking first”, the Kingdom has succeeded in driving rigs out of the US shale market with current rotary rig counts down 65% from 2014 […]

  • Evergreen Reaches Fleet Renewal Milestone

    7 July 2014
    Business & Finance

    Taiwan-based Evergreen Group will be welcoming the 25th L-type vessel into its operating fleet tomorrow, July 8th, named EVER LUCKY, thus concluding its L-type project with Samsung Heavy Industries.   EVER LUCKY, a 8,452-TEU L-type containership, was christened on Friday, at the Samsung Heavy Industries shipyard and it is the twentieth L-type vessel to be […]

  • Offshore drilling highlights: Top paid rigs in 2H 2023

    2 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Three rigs stand out as the highest-paid ones during the second half of 2023. Unsurprisingly, all three spots were taken by drillships.

  • GALLERY: Chinese shipyard making progress with OOS International’s new SSCV

    6 March 2018

    Eight months after the start, the construction of OOS International’s newbuild semi-submersible heavy lift crane vessel (SSCV) OOS Serooskerke is making progress.

  • Sif Joins BorWin Gamma Team

    10 August 2016
    Business & Finance, Storage

    Dutch Sif Holding N.V. has been awarded a contract for the production of all tubular components for the jacket of the BorWin gamma platform.  The contract includes the production of legs, bracings, pile sleeves and pin piles for the jacket. The project is being undertaken by Petrofac in consortium with Siemens for the German-Dutch transmission grid operator […]

  • Aker Solutions Secures Hook-Up Job at Premier’s Solan Field (UK)

    11 April 2013

      Aker Solutions has won a contract to provide hook-up, commissioning and facility management services to Premier Oil at the operator’s Solan field development, west of Shetland. The hook-up project will see two subsea production and two subsea injection wells tied back to a fixed production platform located in Block 205/26a of the UK North […]

  • DNV GL’s Carl Arne Carlsen recognized at OTC

    5 May 2014
    Business & Finance

    OTC recognizes DNV GL’s Dr. Carl Arne Carlsen with a Distinguished Individual Achievement Award. The award is in recognition of his “outstanding, significant and unique achievements, and extensive contributions” to the offshore industry, and is presented at the Annual OTC Dinner. Carl Arne Carlsen’s career highlights coincide with major developments in the offshore industry, because […]

  • Halliburton in Profit Leap

    20 January 2015
    Business & Finance, Operations & Maintenance

    Halliburton’s income from continuing operations for the fourth quarter of 2014 was $1.0 billion, or $1.19 per diluted share, excluding restructuring charges of $90 million, after-tax, or $0.11 per diluted share, and Baker Hughes acquisition-related costs of $19 million, after-tax, or $0.02 per diluted share. This compares to income from continuing operations for the third […]

  • Bremerhaven Looking For Offshore Terminal Operator

    5 December 2014
    Business & Finance

    The Federal Land of Bremen, Germany,  has initiated the tender procedure to find an operator for the Offshore Terminal Bremerhaven (OTB). A Europe-wide competitive tender has to be conducted before the contract can be awarded to the operator. The contract will take the form of a service concession and, according to the current plans, will […]

  • Tanker Activities Push Norden to Profit

    3 May 2017
    Business & Finance

    Danish shipping company Dampskibsselskabet Norden A/S has reported its adjusted result for the first quarter of 2017 at USD 1 million, against a loss of USD 5 million seen in 2016. Coverage prevented Norden from benefitting from a dry cargo market that continued a gradual improvement on the back of strong year-on-year increase in Chinese imports, […]

  • Nord Stream 2 Awards Voestalpine Its Largest Deal

    20 April 2016
    Equipment

    Voestalpine has secured a new contract for the Nord Stream 2 pipeline project between Europe and Russia. After having supplied 170,000 tonnes of linepipe plates for the first part of the gas pipeline in the Baltic Sea between 2008 and 2010, the company will now produce several hundred thousand tonnes for the Nord Stream 2. […]

  • USCG OPC Acquisition Project Moves Forward

    12 February 2014

    The U.S. Coast Guard has awarded three firm fixed-price contracts for preliminary and contract design (P&CD) for the Offshore Patrol Cutter (OPC) acquisition project. The contracts were awarded to Bollinger Shipyards Lockport LLC (Lockport, La.), Eastern Shipbuilding Group Inc. (Panama City, Fla.), and General Dynamics, Bath Iron Works (Bath, Maine). The total value of the […]

  • Oro Negro Orders Two Jack-Up Rigs from Sembcorp Marine

    1 July 2013
    Business & Finance

    Sembcorp Marine’s PPL Shipyard has secured additional orders for two turnkey contracts worth a combined value of US$417 million from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V. for the construction of two units of jack-up rigs. Scheduled for delivery at end July 2015 and end of third quarter 2015, these latest […]

  • Scorpio Bulkers Offloads Ultramax Pair

    23 September 2019
    Business & Finance

    Scorpio Bulkers is selling two of its Ultramax vessels, SBI Puma and SBI Cougar.

  • Vestas Presents Annual Report for 2010

    9 February 2011

    The year’s order intake of 8,673 MW had a value of EUR 8.6bn, corresponding to EUR 1m per MW, which is on level with 2009, with an order intake of 3,072 MW at a value of EUR 3.2bn. Measured in MW, the order intake rose by 182 per cent. In 2010, Vestas reached its expected […]

  • PHOTO: Second Ichthys PSV named in Australia

    7 April 2017

    Australian offshore vessel provider MMA Offshore has named its second platform supply vessel destined to support the giant Ichthys gas development offshore W. Australia. The vessel, christened MMA Brewster, will  provide long-term production support operations to Inpex –  the Ichthys field operator. MMA Offshore won the contract back in 2014, and had to build two […]

  • PETRONAS Delays Second FLNG

    1 March 2016
    Business & Finance

    Malaysian oil and gas company Petroliam Nasional Berhad (PETRONAS) has pushed the commissioning of its second floating liquefied natural gas  (FLNG) project for a later date as the company works to cut costs in a relentless market. The PFLNG 2 project, to be located off the coast of Sabah in Malaysia, was originally scheduled for delivery in 2018. […]

  • Norway: Technip Secures Statoil PRS Contract Extension

    9 November 2011
    Business & Finance, Equipment

    Technip  was awarded the options for a two-year extension of the Statoil PRS(1) Pool services frame contract to the latest possible completion date of 1st December 2014. The yearly revenue under the contract is expected to be in the range of €13-26 million. This contract covers maintenance and operation of Statoil’s PRS Pool located at […]

  • Lithuania: Optimistic Future for Klaipeda Port

    21 January 2014
    Business & Finance, Equipment, Technology

    33,23 million tons of seaborne cargo were handled in Klaipeda Seaport within the period of January – December of 2013. Although it was less by 5,4 pct. (or -1,92 mln tn.) comparing with the corresponding period of 2012, the long-term cargo handling tendencies obviously demonstrate the increase – this cargo handling result was the third […]