10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • 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 […]

  • China: Shenhuazhonghai Shipping to Order Eight 76.000 DWT Bulk Carriers

    22 December 2011

    According to the media reports, Shenhuazhonghai Shipping Co., Ltd. is planning to order eight 76.000 DWT bulk carriers. It is also reported that the shipyards contacting with Shenhuazhonghai Shipping Co. include China Shipping Industry Co. Ltd., CSSC Chenxi Shipyard, CSIC Bohai Shipbuilding and etc.  The order would be worth over 1.6 billion RMB, and the delivery […]

  • Technip Grabs LOI for the First Spar Hull in Norwegian Waters

    11 July 2012
    Business & Finance

    Technip received a Letter of Intent for the world’s largest Spar hull for the Aasta Hansteen field development, offshore Norway. Technip received a Letter of Intent from Statoil for their Aasta Hansteen (previously named Luva) field development, offshore Norway, in approximately 1,300 meters (4,250 feet) of water depth. The project will be led by Technip […]

  • Navig8 Adds Two Bulkers to Its Supra8 Pool

    17 June 2014
    Business & Finance

    HTC Alfa and HTC Delta, managed and owned by CE Line Holding – Hong Kong, China, have joined Navig8’s Supra8 Pool. HTC ALFA is a bulker registered in the Marshall Islands. The vessel was built by Sanfu Ship Engineering – Taizhou Jiangsu, China, in 2013. The vessel has the gross tonnage of 32987 T, DWT of 56,501 MT, […]

  • India: Dredging Corporation of India Limited, 2009-2010 Financial & Operational Report

    8 September 2010
    Business & Finance

    Dredging Corporation of India Limited (DCI) was established in 1976 to provide integrated dredging services to the Major Ports of the Country. DCI is a Mini Ratna Category-I Public Sector Undertaking under the administrative control of Ministry of Shipping, Government of India. The Company has been upgraded to Schedule “B” from “C” during the year […]

  • UAE: Gulf Navigation Holding Signs Contract with Chinese Shipyard to Build Two VLCCs

    20 April 2011

    Gulf Navigation Holding, PJSC one of the ship-owners and maritime services company in the region, announced the signing of a contract with Zhoushan Jinhaiwan Shipyard Co. LTD of Shanghai to build 2 Very Large Crude Carriers (VLCC) for delivery in December 2012 and May 2013. The sister ships are 320,000 in deadweight and have a […]

  • ClassNK Amends Rules for Boxships of the Future

    24 November 2015
    Business & Finance

    Tokyo-based classification society ClassNK has released draft amendments to its rules and guidance for container carriers, approved by the ClassNK Technical Committee on November 19. The rules are scheduled to apply to container ships contracted for construction on or after 1 April 2016, three months before the application of the International Association of Classification Societies (IACS) new Longitudinal Strength […]

  • Russian Navy Receives Grachonok Anti-Terror Boat

    2 January 2012

    Second Project 21980 Grachonok anti-terror boat (serial number 982) was commissioned into Russian Navy. Acceptance certificate was signed late Oct 2011 in Novorossiysk. The boat will serve in harbor defense division of Black Sea Fleet (BSF) naval base Novorossiysk. Lead boat of the project – P-104 – is stationed in Kronshtadt harbor defense division, Baltic Fleet (BF) since the […]

  • Future Looks Great for Indonesian Ports

    9 March 2012

    North Jakarta’s Tanjung Priok port should be able to handle nearly double its current quantity of intermodal shipping containers when a Rp 17 trillion ($1.9 billion) revamp is completed by 2017, says Richard J. Lino, the president of state port operator Pelindo II. Once the project is completed, it may further reduce the number of […]

  • The Netherlands: Boskalis Reports Record Revenue for 2011

    15 March 2012

      Royal Boskalis Westminster N.V. achieved a record revenue of EUR 2.8 billion in 2011 (2010: EUR 2.7 billion). Net profit declined to EUR 254 million (2010: EUR 311 million), though it should be noted that the 2010 result included exceptional pre-tax gains of EUR 33.6 million. In spite of the decline in net profit […]

  • WATCH: Subsea Pump Control Module Lands on Draugen

    6 June 2016
    Business & Finance, Equipment, Operations & Maintenance

    The subsea pump control module (PCM) was lifted onto Draugen platform by the heavy lift capacity vessel Thialf in May this year. The 220-ton control module will be connected to the first subsea mudline booster pump ever deployed by Shell. The subsea pump system is planned to be commissioned later in 2016. Draugen is a Shell-operated […]

  • Statoil suspends contract for Saipem’s Scarabeo 5 rig

    1 July 2015
    Business & Finance, Exploration & Production

    Norwegian oil and gas giant Statoil has decided to suspend Saipem’s Scarabeo 5 rig due to overcapacity in its rig portfolio. According to Statoil, the suspension will take effect once Scarabeo 5 has completed drilling of a well on the Kristin field in the middle of August, and will last until March 1, 2016. Scarabeo […]

  • BG: Europe to Continue to Balance Global LNG Market

    18 March 2014

    Europe received net imports of only 35 million tonnes of LNG in 2013, the lowest volumes for nearly a decade as the rapidly increasing appetite for energy in Asia and Latin America drew supply, according to BG Group’s annual Global LNG Market Overview. Andrew Walker, BG Group Vice President of Global LNG, said volumes diverted […]

  • Norway: Milestones Set for Johan Sverdrup Discovery

    10 May 2012
    Business & Finance, Research & Development

    The licensees of Norway’s Johan Sverdrup discovery will select a development concept in the fourth quarter of 2013, and aim to start production in the last three months of 2018. With a forecast producing life of more than 30 years, the production time frame for this North Sea find extends to 2050. A plan for […]

  • China: APM Terminals Inks Ningbo Port Deal

    15 June 2012

    Leaders from the Ningbo Port Group and APM Terminals were on hand to sign a major agreement that creates a new level of cooperation in the fastest growing, deepwater, container port in the world. The new agreement reflects a 75%/25% (Ningbo Port Group/APM Terminals) share to jointly invest and operate berths 3, 4, 5, comprising […]

  • Nordic Yards Undocks SylWin Alpha

    1 July 2014

    The offshore converter platform SylWin alpha was undocked at the Nordic Yards shipyard in Warnemünde last week. The 15,000 tonne yellow topside left the dock in the morning on the barge “Nordic Giant 101”: the platform – aligned diagonally across the dock – was built on the barge because SylWin, at 83 metres long and […]

  • Nordic Yards Undocks SylWin Alpha

    1 July 2014

    The offshore converter platform SylWin alpha was undocked at the Nordic Yards shipyard in Warnemünde last week. The 15,000 tonne yellow topside left the dock in the morning on the barge “Nordic Giant 101”: the platform – aligned diagonally across the dock – was built on the barge because SylWin, at 83 metres long and […]

  • Norden Cuts 2017 Outlook

    17 August 2017
    Business & Finance

    Danish shipping company Dampskibsselskabet Norden A/S has trimmed down its expectations for the adjusted results for the year to USD -20 to 20 million. Specifically, the company said it anticipates its dry cargo business results to post a loss ranging between USD 5-25 million and its tanker segment performance to range between USD -15 million to USD […]

  • J. Lauritzen Nets Cash Injection to Weather the Storm

    25 February 2016
    Business & Finance

    Oslo-listed J. Lauritzen has secured a cash injection of approx. USD 19 million from its sole shareholder Lauritzen Fonden that will be used to strengthen the company’s balance sheet and improve its cash position. The deal also stipulates for a transfer of a number of non-strategic assets and obligations to LF Investment ApS, a wholly-owned by Lauritzen Fonden. The transactions provide J. […]

  • Norway: Boskalis Offshore to Exhibit at OTC

    22 August 2012

    Boskalis Offshore and Smit Lamnalco will be exhibiting at the Offshore Technology Conference (OTC) 2012, 28-31 August 2012 at Stavanger, Norway, at booth stand no. 996/13, hall J. The Offshore Technology Conference is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. About OTC […]

  • Seabed Geosolutions Secures OBC Contract from PETRONAS Malaysia

    3 February 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Seabed Geosolutions, a joint venture between Fugro and CGG, secured a major Ocean Bottom Cable (OBC) contract with PETRONAS Carigali Sdn. Bhd. The contract with a value of approximately USD 70 million is for Temana and D18 fields in Malaysia. The project will start at the end of the first quarter of 2014 and is […]

  • Newfield retains China assets

    14 January 2015

    Newfield Exploration Company has concluded its marketing process for its China business and now plans to retain the assets. “The recent and significant pull back in global oil prices created headwinds for our China sales process,” said Larry Massaro, Newfield’s executive vice president and CFO. “Our China oil fields are expected to generate significant free […]

  • Edda Fonn offshore vessel sold to New Zealand Navy

    23 August 2018

    The Navy said the project budget for the purchase, modifications, and introduction into service of the dive and hydrographic capability was $103 million.  

  • FID Reached for Second FLNG Project

    13 February 2014

    Petronas has reached the Final Investment Decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project. Subsequently Petronas has issued a letter of award for the Engineering Procurement, Construction, Installation, Commissioning (EPCIC) contract for the project to the consortium of JGC Corporation, Samsung Heavy Industries Company Limited, JGC (Malaysia) Sdn Bhd and […]

  • Cowes Breakwater Project Begins Next Month (UK)

    1 April 2014
    Business & Finance, Equipment, Technology

    Construction of the new detached breakwater for Cowes is set to commence in early May. The initial construction phase will be completed this autumn, at which point the gravel core will be visible approximately 5 metres clear of Low Water spring tides. Following a settlement period, Boskalis Westminster will return in spring 2015 to level […]