10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • More red ink for Solstad Offshore as vessel impairments bite

    24 February 2017
    Business & Finance

    Solstad Offshore, a Norwegian offshore service and supply vessel provider, expects low vessel activity combined with overcapacity to continue through 2017. The company’s loss increased during 4Q 2016 hit by vessel impairments.  The shipping company completed its merger with another OSV provider, REM Offshore, last December, increasing its fleet from 44 to 61 vessels. Following the merger […]

  • Top news, September 4 – 10, 2017

    10 September 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Tidal Energy Today has compiled the top news from tidal and wave energy industry from September 4 – 10, 2017.

  • BOEM Signs Hutchinson Island Sand Agreement

    18 July 2017
    Business & Finance

    The Bureau of Ocean Energy Management (BOEM) has signed an agreement with Martin County, Florida, and USACE’s Jacksonville District, authorizing the use of sand from federal waters as part of a hurricane and storm damage reduction project for Hutchinson Island. Benefits from the beach nourishment are expected to reduce erosion along Hutchinson Island and restore […]

  • Italy: TITAN, Micoperi Present Costa Concordia Wreck Removal Plan

    15 August 2012
    Business & Finance

    The Italian-American Consortium, TITAN/Micoperi, presented the detailed engineering and design plan for the removal of the wreck Costa Concordia to representatives from Osservatorio during a regularly scheduled meeting on Monday, August 13, 2012. The presentation confirmed the previously presented and shared phases of the plan. Activities in recent months have focused on the testing of […]

  • Teekay Offshore Orders Suezmax Shuttle Tanker from Samsung Heavy

    18 September 2019

    The DP2 shuttle tanker is to be delivered in the first half of 2022.

  • 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 […]

  • OPEC and Non-OPEC oil production cuts at record highs

    22 January 2018

    OPEC and Non-OPEC countries have achieved record-breaking levels of conformity with production adjustments during December 2017.

  • Time to Prep for MRV Regulation

    28 September 2015
    Business & Finance, Rules & Regulation

    Shipping companies will need to prepare a monitoring plan by 31 August 2017 at the latest for each of their ships that falls under the jurisdiction of the Monitoring, Reporting and Verification regulation set to become fully effective on 1 January 2018, as explained by classification society DNV GL.  The MRV regulation, which entered into force […]

  • Fast Patrol Boat P965-Gnist Delivered to Royal Norwegian Navy

    19 November 2012

    DCNS delivered the fifth-of-class fast patrol boat (FPB) P965-Gnist to the Royal Norwegian Navy. The six-boat Skjold program is led by a consortium comprising DCNS and two Norwegian contractors with DCNS acting as the combat system design authority and co- supplier. The naming ceremony of Gnist took place at Umoe yard in Mandal last week. […]

  • Ten MR Tanker Newbuildings for Oman Shipping Company

    16 September 2015
    Business & Finance

    Oman Shipping Company (OSC) expects to add ten new 50,000 dwt medium range tankers to its fleet by November 2016, local media reported Tarik Mohammed Al Junaidi, acting CEO of this state-owned company, as saying. Al Junaidi said that the first MR tanker is expected to be delivered in November 2015. OSC ordered these ten MRs from South Korea’s […]

  • BMT to Showcase Offshore Technology at OTC in Houston

    25 April 2014
    Business & Finance, Equipment

    BMT Group Ltd (BMT), the leading international maritime design, environmental and engineering consultancy, will showcase its portfolio of offshore technology support services on Booth #2441-E at this year’s Offshore Technology Conference (OTC) exhibition, taking place next month in Houston, Texas. Building on more than twenty five years’ experience, BMT supports the oil and gas industry […]

  • PGNiG Starts Test Production on Poland Gas Field

    17 August 2012

    By lighting a flare on the Komorze-3K well, Polskie Górnictwo Naftowe i Gazownictwo SA has launched production tests on the natural gas deposit in Greater Poland. The gas-in-place resources of the field are estimated at approx. 1 billion cubic metres, however it will not be possible to provide any accurate estimates of the in-place and […]

  • Ten MR Tanker Newbuildings for Oman Shipping Company

    16 September 2015
    Business & Finance

    Oman Shipping Company (OSC) expects to add ten new 50,000 dwt medium range tankers to its fleet by November 2016, local media reported Tarik Mohammed Al Junaidi, acting CEO of this state-owned company, as saying. Al Junaidi said that the first MR tanker is expected to be delivered in November 2015. OSC ordered these ten MRs from South Korea’s […]

  • HOCHTIEF After Year of Transition: Way Clear for Growth (Germany)

    29 February 2012

    HOCHTIEF, one of the leading international providers of construction-related services, releases 2011 Annual Report marked by negative nonrecurring items, but also by operational strength. Inherited issues put pressure on earnings thus a consolidated net loss of EUR 160 million is reported. However, order backlog and work done exceed levels of record year 2010. Estimations for […]

  • Goa Shipyard Shiplift System Pays Off

    25 October 2013

    The commissioning of the state- of- the -art Shiplift facility in Goa Shipyard Ltd. (GSL) has given a boost to its ship repair and shipbuilding activities. The yard has seen docking of 50 vessels since its commissioning on May 2011. Speaking on the occasion of the 50th docking on 22nd Oct 2013, RAdm(Retd) Vineet Bakhshi, […]

  • Wasco Wins Nord Stream 2 Pipe Coating and Storing Tender

    11 July 2016
    Equipment, Project & Tenders

    Nord Stream 2 AG has awarded a tender for the provision of concrete weight coating and storing of more than 200,000 pipes for Nord Stream 2 project to Wasco Coatings Europe. The contract for this award is subject to final negotiations and will be signed in the coming weeks. WSC will announce the project value once the final […]

  • Singapore: PPL Shipyard Secures Jack-Up Rigs Order from Oro Negro

    18 March 2013
    Business & Finance

    Sembcorp Marine’s subsidiary PPL Shipyard has secured orders for two turnkey contracts with a combined value of US$417 million for the construction of two units of jack-up rigs from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (“Oro Negro”). Scheduled for delivery at end of the fourth quarter of 2014 and end […]

  • Matson Orders Two LNG-Ready Containerships from Aker Philadelphia Shipyard (USA)

    7 November 2013
    Project & Tenders, Vessels

    Aker Philadelphia Shipyard has been selected by Matson Navigation Company to construct two 3,600 TEU containerships. Firm contracts are in place for the two vessels with a total value of $418 million. The vessels will be delivered in Q3 and Q4 2018 and will not require additional financing by APSI. The 850 foot long vessels […]

  • Austal Receives USD 313 Million Order to Build Two JHSV for US Navy

    1 July 2011

    The U.S. Navy has exercised contract options funding the construction of the sixth and seventh Joint High Speed Vessel (JHSV), as part of a ten-vessel program potentially worth over US$1.6 billion. The construction contract for both vessels is valued at approximately US$313 million. Austal Chief Executive Officer, Andrew Bellamy, noted that this contract demonstrates the […]

  • Japan: Tokyo Gas March Sales Rise 10.5 Percent

    17 April 2012

    Total gas sales volume by Tokyo Gas of Japan for the month of March 2012 came to about 1,407.312 million m3, increased by 133.182 million m3 (+10.5%) from March 2011. In the residential sector, volume totaled 437.996 million m3, up 4.4% from March 2011, while in the business sector, the volume increased by 5.6% to […]

  • CMA CGM Sails to Profitability in 2017

    16 March 2018
    Business & Finance

    CMA CGM returned to profitability with a net income of USD 701 million, against a loss of USD 452 million in 2016.

  • WATCH: World’s largest offshore construction vessel takes former platform’s jacket out of North Sea as recycling time comes

    15 July 2024
    Business & Finance, Business Developments & Projects, Heavy lifting, Vessels

    Allseas has performed another removal task in the North Sea with its giant offshore construction vessel for Aker BP, a Norwegian oil and gas player.

  • Ocean Thermal’s Securities Listed on GXG Markets

    21 July 2014
    Business & Finance

    Ocean Thermal Energy Corporation announced that its securities have been admitted to trade on the GXG Markets First Quote platform with the symbol OTEC. GXG Markets runs an SME dedicated exchange that operates a European Regulated Market, as well as two junior markets regulated under GXG Markets’ Multilateral Trading Facility authorization. Mr. Jeremy P. Feakins, […]

  • Taiwan: MOEA to Award Incentives for Offshore Wind Energy

    31 August 2012
    Authorities & Government

    In order to speed up offshore wind farm development, and to promote green energy economics, Ministry of Economic Affairs (MOEA) has publicly announced the implementation of “The Incentive Program of Offshore Wind Power Demonstration System” on July 03, 2012, and officially declared to the world that Taiwan wind farm development has moved from onshore to […]

  • Seacat Magic Makes a Splash

    12 February 2016

    UK-based boat builder South Boats IOW Ltd has launched the 23m catamaran Seacat Magic ordered by the compatriot offshore energy crew transfer vessel operator Seacat Services back in February 2015. Seacat Sevices placed the GBP 6 million order for the construction of two identical, DNV-GL class-certified catamarans. Seacat Magic’s sister vessel, Seacat Mischief, was delivered to Seacat Services in late […]