10000 results found for 'otc 2014'

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

  • Finishing Line for Kirkcaldy Sea Wall

    19 November 2014
    Business & Finance

    The end is now in sight for the major upgrade of Kirkcaldy Sea Wall. This £9 million project, which is being undertaken by VolkerStevin, is expected to be completed in early December. VolkerStevin was appointed by Fife Council as the main contractor in November 2012 and construction started on site in July 2013. Improvements to Kirkcaldy […]

  • NPD to Carry On with Deep-Sea Research (Norway)

    8 June 2016
    Business & Finance, Research & Development

    This summer, the Norwegian Petroleum Directorate will continue to acquire geological samples and deep-sea minerals in the Norwegian Sea. The objective is to increase understanding of resources and the geological development of the North Atlantic. The Norwegian Petroleum Directorate has dedicated resources to acquire seabed samples from the Vøring Spur in the summer of 2016. […]

  • 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 […]

  • China: APM Terminals Signs Ningbo Agreement

    15 June 2012
    Business & Finance

    Leaders from the Ningbo Port Group and APM Terminals were on hand in Copenhagen 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, […]

  • EIA: European LNG imports hit record levels

    20 December 2019

    Europe’s imports of liquefied natural gas (LNG) have been steadily increasing since October 2018, and reached a new monthly record of 12.7 billion cubic feet per day (Bcf/d) in November 2019, according to the U.S. Energy Information Administration (EIA) estimates.

  • 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 […]

  • 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 […]

  • BIMCO: Dry Bulk Rates to Remain Flat

    13 March 2015

    The agony in the dry bulk sector is yet to be prolonged as forecasts for the dry bulk freight rates remain within the same levels. However, according to BIMCO, there are signs of stronger volumes for the second quarter of 2015 which are likely to support the freight market. BIMCO forecasts that the Capesize time charter (T/C) average rates […]

  • 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 […]

  • Petronas makes FID for second FLNG project

    13 February 2014
    Infrastructure

    PETRONAS has reached the Final Investment Decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project, located off the coast of Sabah in Malaysia. The FID was approved by the PETRONAS Board on 23 January 2014. Subsequently PETRONAS has issued a letter of award for the Engineering Procurement, Construction, Installation, Commissioning (EPCIC) contract […]

  • Petronas Reaches Final Investment Decision on PFLNG 2 Project (Malaysia)

    13 February 2014
    Business & Finance

    PETRONAS has reached the Final Investment Decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project, located off the coast of Sabah in Malaysia. The FID was approved by the PETRONAS Board on 23 January 2014. Subsequently PETRONAS has issued a letter of award for the Engineering Procurement, Construction, Installation, Commissioning (EPCIC) […]

  • Philippines: Otto Energy Completes Galoc Phase II Financing

    21 December 2012
    Business & Finance, Operations & Maintenance

    Otto Energy Ltd , the 33%-owner and operator of the producing Galoc oil field joint venture offshore the Philippines, has provided the following update in relation to the Galoc Phase II development. Execution of Financing Facility Agreement Otto has entered into a binding agreement with BNP Paribas to provide US$37.4 million in project financing for […]

  • MOG Moves Closer to Ombrina Mare Development (Italy)

    22 February 2013
    Business & Finance

    Mediterranean Oil & Gas Plc noted that the official website of the Italian Ministry of Environment indicates that the EIA Commission, charged by the Ministry to rule on the Ombrina Mare oil and gas field development EIA, has ruled positively in favour of MOG’s submission. This represents a significant step towards the final approval, by […]

  • Preparations Underway for Ocean City Sand Pumping Work

    5 October 2017
    Business & Finance, Equipment, Technology, Vessels

    The Ocean City team members participated in a pre-construction meeting last week to go over plans for an $11.5 million project to rebuild beaches at the northern end of the island, Mayor Jay Gillian said in its latest announcement. The work will add at least 930,000 cubic yards of sand between Seaspray Road and 12th Street and stockpile […]

  • Research and Markets Announces Addition of “Global Direct Drive Wind Turbines Market” Report (USA)

    17 February 2012

    Research and Markets has announced the addition of the “Global Direct Drive wind turbines Market (2011-2016): Key trends and opportunities, new Installations and product developments and lower-maintenance requirements Will Drive Market Growth” report to their offering. According to a new report published by Transparency Market Research ” Global Direct Drive wind turbines Market (2011-2016): Key […]

  • PPL Shipyard Wins Two Turnkey Contracts Worth $417 Mln

    1 July 2013

    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. (Oro Negro) for the construction of two units of jack-up rigs. Scheduled for delivery at end July 2015 and end of third quarter 2015, […]

  • Australia: Austal Wins USD 313 Million JHSV 6 and 7 Contract

    1 July 2011
    Business & Finance

    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 […]

  • MHI Faces $585 mln Loss Due to Construction Delays

    24 March 2014
    Business & Finance

    Mitsubishi Heavy Industries, Ltd. (MHI) has decided to book an extraordinary loss of approximately $585 million from its cruise ship business in the company’s consolidated financial results for fiscal year (FY) 2013 (ending March 31, 2014). In November 2011 MHI received an order for two large-sized cruise ships for the AIDA Cruises brand. Based on its […]

  • ESPS Tornado Strengthens Counter Piracy Cooperation with Republic of Korea

    16 January 2014

    On Tuesday 14 January 2014, the commanding officer of Spanish warship, ESPS Tornado, Lieutenant Commander Juan Belizon, welcomed on board Captain Choi Sung-Mok, the commanding Officer of the Republic of Korea Ship (ROKS) Choi Young. The Republic of Korea warship is currently part of the Combined Maritime Forces (CMF), combating piracy off the Horn of […]

  • Tankers Lift Stolt-Nielsen

    1 October 2015
    Business & Finance

    Oslo-listed Stolt-Nielsen Limited reported USD 30.1 million net profit attributable to shareholders for the third quarter ended August 31, compared with a net profit of USD 14.6 million reported in the third quarter of 2014, mostly due to the company’s tanker segment – Stolt Tankers. Stolt reported revenue of USD 500.7 million in the third quarter of […]

  • OPEC and Non-OPEC oil production cuts reach new highs in January

    22 February 2018

    OPEC and Non-OPEC countries participating in voluntary production cuts have started off 2018 with record-breaking conformity levels.

  • IBERDROLA Begins Process to Install Wikinger Offshore Wind Farm in Germany

    26 August 2011
    Operations & Maintenance

      IBERDROLA has begun the process to install its first offshore wind farm in Germany, the Wikinger, which will be located off the German coast of the Baltic Sea. It will have 400 megawatts (MW) of installed capacity and wind turbines of around 5 MW. The company has begun applying for the permits from Bundesamt […]