10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Pacific Basin in Profit Warning

    27 November 2015
    Business & Finance

    Hong Kong-seated bulk shipping company Pacific Basin Shipping Limited has issued a profit warning as the company expects a net loss in the range of USD 5 to 20 million for the full year ending 31 December 2015. This company recorded a USD 285 million net loss in the year that ended 31 December 2014. The net […]

  • FERC questions CE FLNG project’s viability

    7 July 2015

    The United States Federal Energy Regulatory Commission voiced its concerns over the viability of Cambridge Energy’s proposed CE FLNG project to be located on a parcel of land near Baptiste Collette Bayou in Plaquemines Parish, Louisiana.

  • Krasnoye Sormovo Launches Rosmorport’s Second TSHD

    9 June 2016
    Business & Finance, Project & Tenders

    Krasnoye Sormovo shipyard yesterday held a launching ceremony for the second of three 1000 m³ trailing suction hopper dredgers, the Kronshlot, being built for FSUE “Rosmorport”. The event was attended by Rosmorport Executive Director, Andrei Lavrishchev, Krasnoye Sormovo Director General, Nikolai Zharkov, Head of Nizhny Novgorod Administration, Sergei Belov, MNP Group Director General, Dmitry Khritin, etc. Contract […]

  • Russia: Volga Group Invests in New Sukhodol Bay Terminal

    26 February 2014
    Business & Finance, Equipment, Technology

    Volga Group, Gennady Timchenko’s investment vehicle, has acquired a 50% stake in Sukhodol LLC, a company which is constructing a new bulk terminal in Sukhodol Bay, in the Primorsky region in Russia’s Far East. Once completed the terminal is expected to have a capacity of 20 million tons per year. The project will be implemented […]

  • New Equipment Contracts for TTS

    3 April 2014
    Business & Finance

    TTS Group ASA through its subsidiary TTS Marine AB in Sweden has received confirmation for delivery of four ship-sets of cargo access equipment to four post-Panamax car carriers, with a total value of approx. $35 million. The contracts are with Hyundai Heavy Industries in South Korea and Tianjin Xingang Shipbuilding Heavy Industry Co., Ltd. in […]

  • S&P Ratings: Offshore rig rates to remain low till 2021

    2 January 2019
    Exploration & Production

    Standard & Poor’s credit rating agency doesn’t feel the rates for ultra-deepwater rigs will rise significantly over the next two years.

  • Heerema Fabrication Group Signs LoA with Statoil for Dagny Jacket Construction

    7 February 2013
    Business & Finance, Equipment, Operations & Maintenance

    Heerema Fabrication Group’s Vlissingen yard in the Netherlands last week signed the Letter of Award with Statoil for the engineering, procurement and construction of a fixed jacket for the Dagny field development in the central part of the North Sea. Following the award to HFG’s engineering firm HFG Engineering- for the FEED study of the […]

  • MEPC to Consider Proposed Amendments to MARPOL

    27 March 2014
    Business & Finance, Rules & Regulation

    The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) meets for its 66th session from 31 March to 4 April 2014, at IMO Headquarters in London. Items on the agenda include the consideration of proposed amendments to the MARPOL to make the audit scheme mandatory; the review of environmental provisions in the […]

  • Shell to abolish scrip dividend after three years

    28 November 2017
    Business & Finance

    Shell has decided to cancel its scrip dividend program, starting from the fourth quarter of this year. 

  • Heerema to Build Jacket for Statoil’s Dagny Development

    7 February 2013
    Business & Finance

    Heerema Fabrication Group’s Vlissingen yard in the Netherlands last week signed the Letter of Award with Statoil for the engineering, procurement and construction of a fixed jacket for the Dagny field development in the central part of the North Sea. Following the award to HFG’s engineering firm HFG Engineering- for the FEED study of the […]

  • Monaco: GasLog Revenue at USD 20.4 Mln

    20 August 2013

    GasLog, an international owner, operator and manager of liquefied natural gas (LNG) carriers, today reported its financial results for the quarter ended June 30, 2013. Highlights Contracted 2 LNG newbuildings at Samsung Heavy Industries for delivery in 2016. Vessels chartered out to BG Group for minimum 7 years with charterer’s option to extend. Delivery of […]

  • Maasvlakte 2: Everything Comes Together in 2012 (The Netherlands)

    12 December 2011

    The first lengths of rail will be laid on the new land of Maasvlakte 2 this week. The first trains should be running on the 12.3-km railway line in ten months’ time. But before it gets that far, all kinds of activities have to be completed and delivered. Everything comes together in the autumn of […]

  • UK: Subsea 7 Builds First Commercial Autonomous Inspection Vehicle (AIV)

    3 May 2011
    Business & Finance, Equipment, Research & Development

    Subsea 7, a global leader in seabed-to-surface engineering, construction and services, announced that it has completed the design and build of the first commercial AIV, a technology which has the potential to revolutionise Life-of-Field projects. Subsea 7 has an ambitious plan to develop a series of Autonomous Inspection Vehicles (AIV), initially capable of general visual […]

  • Imtech 2011 Order Book Up 12 Percent (The Netherlands)

    5 January 2012

    The order book of Imtech has increased at the end of 2011 – in spite of challenging economic circumstances in a number of countries and markets – by 600 million euro or by 12% to 5.8 billion euro. ‘Imtech will close the books on a good 2011 and is well positioned for further growth in […]

  • Global Offshore Wind Capacity Reaches 14.4GW in 2016

    10 February 2017
    Research & Development, Storage

    2,219MW of installed offshore wind capacity was added worldwide in 2016, bringing the total to 14,384MW, according to the Global Wind Energy Council (GWEC). 2016 brought a significant slowdown in momentum when compared to the record-breaking 2015 when 3,443MW of installed capacity was added, almost two thirds of which was commissioned in Germany. However, 2017 is […]

  • Samjin Wins Eco-Friendly Chemical Tankers

    7 October 2013

    Anglo-Atlantic Steamship Company Limited has placed an order for two 50,000 dwt, IMO II class, Chemical Tankers from Samjin Shipbuilding Industries Co. Ltd., in China, with options for two more vessels. The first two vessels are scheduled to be delivered in the second half of 2015, and the two options in the first half of 2016. […]

  • Keppel AmFELS Bags USD 240 Mil Worth Jack-Up Order from Mexico

    10 October 2013
    Business & Finance

    Keppel AmFELS LLC, a US-based wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Central Panuco S.A. De C.V., a subsidiary of Mexico’s Perforadora Central S.V. De C.V. (Perforadora Central) to build a KFELS B Class jackup rig worth US$240 million, including owner furnished equipment. Scheduled for delivery in […]

  • CGG, Fugro Net $200 Mln OBC Seismic Job for Pemex

    11 August 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    CGG has announced that Pemex recently awarded CGG a contract worth close to US $200m for ocean bottom cable (OBC) 3D-4C seismic work in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico. […]

  • CGG lands $200M Pemex job

    11 August 2014
    Business & Finance, Equipment

    CGG announced today that Pemex recently awarded CGG a contract worth close to US $200m for ocean bottom cable (OBC) 3D-4C seismic work in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico. […]

  • USACE Coastal Restoration Mission Continues

    29 October 2019
    Business & Finance

    It’s been seven years since the Army Corps’ New York District began its mission in response to Hurricane Sandy. Sandy made history as the largest Atlantic hurricane on record when it made landfall on Oct. 29, 2012. With wind gusts in excess of 75 miles per hour and storm surge that inundated much of the […]

  • Vyborg Delivers Final Hull Blocks for Sovcomflot’s Offshore Supply Vessel (Russia)

    22 June 2012
    Business & Finance

    Vyborg shipyard JSC made the final contract delivery of hull blocks for the second supply vessel (order 507). On June 20th, 2012 Vyborg shipyard JSC, in full accordance with the agreed construction schedule, made the final contract delivery of blocks for the second supply vessel (order 507). Weight of delivery is 1 390 tons. Now […]

  • Rolls-Royce Wins USD 101 Mln of Equipment Orders

    9 May 2014
    Business & Finance

    Rolls-Royce has announced orders from a variety of international customers for its offshore ship designs and equipment worth more than £60 million (USD 101 million). The contracts, which include five Rolls-Royce UT Design vessels and propulsion equipment packages for research and seismic survey vessels, were announced at the Offshore Technology Conference (OTC) in Houston, Texas, […]

  • Energinet looking for Bornholm cable fault following power outage

    28 February 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Operations & Maintenance

    Denmark’s energy operator Energinet has kicked off activities to re-establish the power on the submarine cable between Bornholm and Sweden following a power outage. A fault occurred on the cable at 06:17 a.m. on Saturday, 26 February, causing a power outage for Bornholm, Energinet reported. On Sunday night, a special vessel arrived at the waters […]

  • The Netherlands: EIB Considers EUR 500 Million Loan for Offshore Wind Project

    27 September 2012
    Business & Finance

    An offshore wind project, worth a total of EUR 2.6 billion, could get a EUR 500 million loan from the European Investment Bank (EIB). The developer, Typhoon Offshore BV, plans to build the 600MW offshore wind farm 85 kilometers north of the Dutch island of Schiermonnikoog. Once built, by the end of 2015 or the […]

  • Highlights of the Week

    4 June 2017
    Business & Finance, Equipment, Technology, Vessels

    Dredging Today brings you an overview of the most popular stories from the past week (May 29 – June 4, 2017).   Steady Performance in 2016 for Jan De Nul, Stable Order Book Jan De Nul Group has just released its 2016 Annual Report, saying that the company achieved steady performance in a highly volatile […]