10000 results found for 'otc 2014'

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

  • Germany: Upcoming Conference to Focus on Offshore Wind Capital Expenditure

    17 July 2013
    Business & Finance

    The European offshore wind sector installed 277 turbines, with a capacity of 1045MW in the first half of 2013 according to a report by the European Wind Energy Association.  However, despite this growth the industry has noticed a slowdown in investments in new projects. This slow down can be attributed to the high cost of […]

  • Germany: Upcoming Conference to Focus on Offshore Wind Capital Expenditure

    17 July 2013
    Business & Finance

    The European offshore wind sector installed 277 turbines, with a capacity of 1045MW in the first half of 2013 according to a report by the European Wind Energy Association.  However, despite this growth the industry has noticed a slowdown in investments in new projects. This slow down can be attributed to the high cost of […]

  • Fincantieri Secures MSC Cruises ”Renaissance” Gig

    23 December 2013

    MSC Cruises announced, Dec 20th, a multi-million euro programme that will involve all four of its Lirica class ships over the next two years. The almost €200 million”renaissance programme” has been commissioned from Fincantieri in Italy, and will be complete by 2015. The “renaissance” of MSC Armonia, MSC Lirica, MSC Sinfonia and MSC Opera will […]

  • Singapore: PPL Shipyard Bags $ 417 Mln Order for Two Jack-Ups

    18 March 2013

    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 the end of the fourth quarter of 2014 and […]

  • Boskalis 2012 Net Profit Slightly Declines (The Netherlands)

    14 March 2013
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) achieved a record revenue of EUR 3.1 billion in 2012 (2011: EUR 2.8 billion). Net profit amounted to EUR 250 million, thus remaining virtually stable compared to 2011 (EUR 254 million). Despite the slight decline in net profit and a substantial increase in the number of outstanding shares as a […]

  • USA: Subsea 7’s Presence at OTC Bigger than Ever Before

    2 May 2011
    Business & Finance

    Subsea 7, will mark its new beginning to the global oil and gas industry at this year’s Offshore Technology Conference (OTC) in Houston, Texas, where its presence is bigger than ever before. Subsea 7 Inc. and Acergy S.A. merged in January this year, bringing together two very strong subsea companies to create a global leader […]

  • CPRA Hosts Community Meetings on 2017 Coastal Master Plan

    6 October 2016
    Business & Finance

    As part of the 2017 Coastal Master Plan, the Coastal Protection and Restoration Authority (CPRA) – in partnership with Restore or Retreat and numerous community partners throughout coastal Louisiana – will host a series of six Community Conversations during this month. The main goal of these meetings is to update residents on the master plan and receive valuable […]

  • Russia: Gazprom and LUKOIL Sign Agreement on Gas Supply

    5 March 2011
    Project & Tenders

      Yesterday at the Gazprom headquarters Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL signed an Agreement on Gas Supply from the Bolshekhetskaya Depression and the Northern Caspian Sea. Pursuant to the Agreement, LUKOIL will supply Gazprom with natural gas from the Bolshekhetskaya Depression fields between 2012 and 2016. […]

  • 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 […]

  • All FOE rigs to be out of action soon?

    25 October 2017
    Business & Finance, Exploration & Production

    Fred. Olsen Energy’s entire offshore rig fleet will be out of action soon once its last working rig comes off contract next month.  The offshore fleet of Fred. Olsen Energy with subsidiaries consists of three ultra-deepwater/deepwater units and four harsh environment mid-water semi-submersible drilling units. According to the company’s 3Q 2017 report on Wednesday, the […]

  • Yang Ming Adds Five More Boxships to the Tally

    11 September 2015
    Business & Finance

    Taiwanese container shipping company Yang Ming Marine Transport has returned to Japanese builder Imabari Shipbuilding with an order for five more 14,000 TEU containerships. The five newbuilds are slated for delivery in 2018 and 2019 and will be chartered out to Japanese liner company Shoei Kisen Kaisha, Ltd. The order is priced at USD 625 million, with Yang […]

  • DONG to Pump GBP 6 Billion into Humber Area by 2019

    18 November 2015
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    Denmark-based offshore wind power developer DONG Energy plans to invest GBP 6 billion in the Humber region over the period of 2013 – 2019, according to a new report released during the UK’s first Offshore Wind Week. The report titled Impact of DONG Energy Investments in the Humber Area  shows that over the period 2015 – 2020, DONG […]

  • The Netherlands: Boskalis 2012 Net Profit Slightly Declines

    14 March 2013
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) achieved a record revenue of EUR 3.1 billion in 2012 (2011: EUR 2.8 billion). Net profit amounted to EUR 250 million, thus remaining virtually stable compared to 2011 (EUR 254 million). Despite the slight decline in net profit and a substantial increase in the number of outstanding shares as a […]

  • Oman Shipping Company Confirms Order for LNG Carrier from HHI

    20 March 2012
    Business & Finance

      Oman Shipping Company S.A.O.C. (OSC), on March 19th, confirmed an order for a newbuild LNG Carrier, at Hyundai Heavy Industries Co., Ltd. (HHI), Ulsan, South Korea. The LNG Carrier, for delivery in 2014, will have a 162,000 cubic meter (CBM) capacity, and have dual fuel technology. Further the vessel will comply with European “Green […]

  • OECS Starts Hydrographic Scoping Study

    6 June 2014
    Business & Finance, Research & Development

    Member states of the Organisation of Eastern Caribbean States (OECS) have started a Hydrographic Scoping Study aimed at assessing maritime/marine spatial data that exists in the countries. One of the major outcomes will be a report on the status of hydrography and navigational charting in each member state. The OECS Commission’s Oceans Governance Unit is […]

  • Frontline, Frontline 2012 Merger Cleared

    30 November 2015
    Business & Finance

    The merger transactions between Frontline and Frontline 2012 have been approved today at the special general meeting of the shareholders of the respective companies. The merger will see Frontline as the surviving legal entity and Frontline 2012 becoming a wholly-owned subsidiary of Frontline, creating the second biggest tanker shipping company. The closing of the merger is expected to take […]

  • Bahri in Clover

    23 October 2015
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the corresponding period from […]

  • Iberdrola Starts Engineering Phase of EUR 1.6 Billion Wikinger Offshore Windfarm in Germany

    13 June 2012

    IBERDROLA has announced it is commencing the detailed engineering phase of Wikinger, the company’s first offshore windfarm in Germany, with a view at starting operations on the €1.6billon project by 2016. UK based engineers, project managers and technicians from IBERDROLA’s Offshore Business Division, based in Glasgow and London will have a crucial role in the […]

  • POSCO Provides Steel for World’s Largest FPSO

    25 February 2013
    Business & Finance

    POSCO has accelerated in preoccupying the energy steel market that is the future new growth engine. It has successfully won an order for supplying 88,000 tons of 11 types of thick plate steel for FPSO (Floating Production Storage and Offloading), which is one of the world’s largest oil prospecting ships that Daewoo Shipbuilding Marine & […]

  • Stampede platform in place. Production in 1H 2018

    3 August 2017

    U.S. oil firm Hess has installed the giant Stampede platform to its location in the U.S. Gulf of Mexico in preparation for the first oil in 2018. Discovered in 2005, Stampede is located 115 miles south of Fourchon, La., in the Gulf of Mexico. The field has total estimated recoverable resources in excess of 300 million […]

  • TGS optimistic about long-term prospects. Boosts 4Q profit

    8 February 2018

    At some stage oil companies need to increase exploration efforts in order to meet the continued growth in demand

  • Creative and flexible funding for offshore contractors

    1 October 2014

    The global energy sector operates in a highly dynamic and competitive business environment. The total offshore capital expenditures of oil and gas companies are expected to exceed USD 270bn year-on-year by 2018,  Cornelie Goedhuis, Global Head – Natural Resources, ING Bank, says.   “So while the size and complexity of offshore projects are growing, raising […]

  • Norway: Johan Sverdrup Production Starts in Late 2018

    10 May 2012

    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 […]

  • CGG to Acquire Large Seismic Survey for Pemex in Gulf of Mexico

    7 November 2013
    Business & Finance, Operations & Maintenance

    CGG announced that it has been selected to acquire a large high-end seismic acquisition survey in the Mexican waters of the Gulf of Mexico on behalf of Pemex. The survey is phase 5 in Pemex’s Centauro program, the largest ever proprietary 3D wide-azimuth program to be conducted worldwide. Phase 5 will add another 6,850 km2 […]