10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • New Port Opening Promises Economic Boost for Sri Lanka

    19 November 2010

    Sri Lanka’s new pounds Sterling 226 million deep sea port at Magampura harbor, Hambantota, on the south coast of the island has today been officially opened with the ceremonial docking of the first vessel to use the port facilities. In a ceremony presided over by President Mahinda Rajapaksa as part of the week-long festivities surrounding […]

  • USA: Port of Oakland Secures USD 18 Million in Federal Funding for Dredging Project

    1 June 2011

    The Port of Oakland’s -50 Foot Harbor Deepening Project is set to receive $18 million in operations and maintenance from the U.S. Army Corps of Engineers’ fiscal year 2011 work plan, funding that is vital to the Port’s competitiveness. Oakland Board of Port Commissioners President James Head expressed the Port’s reaction to this good news, […]

  • Offshore wind industry poised to invest $ 140 billion in US East Coast by 2035

    4 March 2021
    Business & Finance

    More than 40 GW of offshore wind capacity is expected to be installed off the U.S. East Coast by 2035 and the industry could invest $ 140 billion to establish and build out its supply chain, install equipment, and operate the wind farms. This is according to the latest report from BVG Associates (BVGA), commissioned […]

  • UK: Voith Receives Prize for Outstanding International Achievement in Green Energy

    22 December 2011
    Business & Finance

    Voith Hydro Wavegen, the Scottish Voith subsidiary for wave energy, has won an award for Outstanding International Achievement in Green Energy. With the award the Scottish Council for Development and Industry (SCDI) recognized the delivery of the world’s first full life commercial wave power plant in Mutriku in Northern Spain. Mutriku’s breakwater now houses a […]

  • Seadrill Orders Another Semi-Tender Rig from Keppel, Singapore

    9 June 2011
    Business & Finance

      Keppel FELS Limited (Keppel FELS) has been awarded a US$142 million contract by Seadrill to build a repeat semisubmersible drilling tender (SSDT) based on the KFELS SSDTTM 3600E design. Scheduled for delivery in 2Q2013, this is the eighth drilling tender that Keppel will be building for Seadrill since the launch of the design in […]

  • Vattenfall Connects Ormonde Offshore Wind Farm to National Grid (UK)

    26 April 2011

    Vattenfall, currently installing a thirty-turbine wind farm off Barrow-in-Furness, finished three months of cable engineering works yesterday by completing the connection from the Ormonde Offshore Wind Farm to the National Grid. The 42km export cable, which will take power from the wind farm to the mainland National Grid was simultaneously laid and buried in one […]

  • Gryphon FPSO Resumes Production (UK)

    29 May 2013

    Maersk Oil has announced today that the Gryphon FPSO is back in production following a major overhaul of the vessel. Once all the associated fields are fully operational over the coming months, production will ramp up in excess of 20,000 barrels of oil equivalent a day (boepd). Production from Gryphon is expected to continue for […]

  • Pacific Rubiales Buys Into Block Z-1 Offshore Peru

    27 April 2012
    Business & Finance

     Pacific Rubiales Energy Corp. announced today that it has reached an agreement with BPZ Resources, Inc. to enter into a series of transactions ultimately resulting in the acquisition of beneficial ownership of a 49% undivided participating interest in the Z-1 exploration and development block (“Block Z-1”), offshore in Peru. Under the terms of the agreement, […]

  • Statoil to Set Up New Operational Area in Northern Norway

    21 March 2012
    Business & Finance

    Statoil intends to establish a new operational area on the Norwegian continental shelf, which will be based in Harstad with start-up in the first half of 2013. Statoil is setting up a separate operational area in Northern Norway due to the considerable increase in activities taking place off the three northernmost counties in Norway. “This […]

  • Gryphon FPSO Undergoes Major Overhaul

    29 May 2013

    The Gryphon FPSO is back in production following a major overhaul of the vessel. Once all the associated fields are fully operational over the coming months, production will ramp up in excess of 20,000 barrels of oil equivalent a day (boepd). Production from Gryphon is expected to continue for the next decade. The Gryphon FPSO, […]

  • Port of Fujairah to Ban Open-Loop Scrubbers in Its Waters

    23 January 2019
    Rules & Regulation

    The Port of Fujairah has decided to ban the use of open-loop scrubbers in its waters.

  • USNS Montford Point Completes Builder’s Trials

    25 March 2013

    The  US Navy’s first Mobile Landing Platform, USNS Montford Point (MLP 1), successfully completed builder’s sea trials on March 20, in San Diego, Calif. MLP 1 was constructed by General Dynamics National Steel and Shipbuilding Co. (NASSCO). Strategic and Theater Sealift program manager Capt. Henry Stevens said: “This first-of-class ship performed very well during builder’s […]

  • Russian Defense Ministry to Receive Corvette Soobrazitelny from JSC Severnaya Verf Shipyard​

    12 October 2011

    JSC Severnaya Verf​ shipyard will deliver corvette Soobrazitelny to Russian Defense Ministry on Oct 14, reported the shipyard’s press service. Being the first serial ship of Project 20380, corvette Soobrazitelny has vital differences from the lead ship, corvette Stereguschiy commissioned in 2007. Over 55 development projects were implemented and 38 new weapon systems were designed […]

  • Encana CEO to Retire, Canada

    14 January 2013

    Encana Corporation said that Randall K. Eresman, President & Chief Executive Officer, has informed the Board of Directors that he is retiring from Encana after serving the company for approximately 35 years. Mr. Eresman will also be retiring from the Board of Directors but he has agreed to stay on as an advisor until February […]

  • Keppel’s new jack-up rig: 500 feet for $500 million

    3 March 2014
    Business & Finance

    Built to the KFELS N Plus design, the ultra-high specification jackup rig will be one of the first with the ability to work in such deep water depths

  • Seadrill drillship returns for fresh Buckskin well in deepwater Gulf of Mexico

    24 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    A Seadrill drillship has started drilling ops on LLOG’s deepwater project in the Gulf of Mexico. The same rig was used for the initial phase as well.

  • Moore Stephens: Confidence in Shipping on the Rise

    28 September 2015

     Overall confidence levels in the shipping industry rose in the three months ended August 2015 to their highest level this year, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Respondents to the survey were concerned predominantly about low freight rates and overtonnaging, with continuing doubts also expressed about […]

  • Voith Presents VIP Swing-Out Unit at SMM, Hamburg

    11 September 2012
    Business & Finance, Equipment

    With its Voith Inline Thrusters (VIT), Voith currently is the only manufacturer world-wide to produce transverse thrusters with permanent-magnet synchronous machine technology (RIM drives) with a power of 1,500kW. At the SMM, the leading maritime industry trade fair, Voith last week presented a RIM drive which can be extended from the vessel hull and is […]

  • Final Phase of Smithton and Culloden Flood Scheme

    27 July 2018
    Business & Finance

    The final phase of works to alleviate flood risk to the communities of Smithton and Culloden has begun, according to the Highland Council. Local firm Morrison Construction are now on site for the largest phase of the Smithton & Culloden Flood Protection Scheme which will protect 129 properties that would otherwise be at risk of a […]

  • Marenave’s Final Vessels Sold Off

    27 September 2017
    Business & Finance

    The remainder of the fleet once owned by German shipping trust Marenave Schiffahrts has been sold through a bank-driven process, data provided by the company shows. The data lists a mix of six tankers, two containerships, four bulk carriers and a car carrier as sold. The majority of the fleet was disposed of in March, […]

  • Moore Stephens: Confidence in Shipping on the Rise

    28 September 2015

     Overall confidence levels in the shipping industry rose in the three months ended August 2015 to their highest level this year, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Respondents to the survey were concerned predominantly about low freight rates and overtonnaging, with continuing doubts also expressed about […]

  • Ezra Reports 34 Pct Increase in Revenue and Gross Profit, Singapore

    12 April 2013
    Business & Finance, Operations & Maintenance

    Ezra Holdings Limited (Ezra, the Group), a leading contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, reported a 34% increase in both its revenue and gross profit for the half-year ended 28 February 2013 (1H FY13). The Group saw revenue rise to US$525.8 million from US$392.3 million in 1H […]

  • Silvermere Energy: First Oil & Gas Sales from Mustang Island Field (USA)

    3 December 2012
    Business & Finance

    Silvermere Energy plc, the independent oil and gas company with assets in the Gulf of Mexico, has announced the first sales of oil and gas from its Mustang Island 818-L Field. This is based on information provided by the Operator, Dominion Production Company LLC (“Dominion”). Following the successful 24-hour flow test conducted on 15 October […]

  • Fincantieri Splashes Costa Cruises’ New Ship

    22 June 2018
    Business & Finance

    Fincantieri held a float-out ceremony of Costa Venezia, the first Costa cruise ship built for China.

  • Maritime Community Assembles for Shipping and the Law 2012 (Italy)

    5 October 2012
    Business & Finance

    Studio Legale Lauro announces that the Shipping and the Law conference, will once again be held in Naples, Italy on Monday 08 October 2012. This unique event brings together leading figures in Italian shipowning, finance and maritime law community with their international industry counterparts to debate and discuss pressing industry issues. This year, the proceedings […]