10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Bluerise keeps overfunding flow

    6 November 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Dutch ocean thermal energy conversion (OTEC) projects developer Bluerise has decided to increase the target for its ongoing crowdfunding campaign once again, after securing €500,000 two weeks before the campaign closes.

  • Offshore Middle East Gathers Top Industry Pros in Advisory Board

    14 December 2011
    Business & Finance

      Offshore Middle East has announced the addition of Mr. Abdelkader Haouari, Offshore Operations Manager, Qatargas Operating Company Limited as part of the growing Advisory Board for the 4th Offshore Middle East Conference & Exhibition which will return to Qatar in 2013. To be held at the Qatar National Convention Centre, Doha, on 21-23 January […]

  • 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, […]

  • Recovering Freight Rates Threatened by Uncertainty

    15 October 2014

    The oversupply in the freight market is still clearly felt as Panamax freight rates drag along, the Baltic and International Maritime Council (BIMCO) said in a review. “Fortunately, the erratic movements have now been mostly upward since the bottom-out on 27 June at USD 3,362 per day. Since then, freight rates have more than doubled […]

  • 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 […]

  • US Congress passes five-year offshore wind tax credit

    23 December 2020
    Authorities & Government

    The U.S. Congress has passed a year-end spending package which includes a provision that would extend the Tax Credit (ITC) for offshore wind facilities at 30% through 2025. The provision is part of the Offshore Wind Incentives for New Development (WIND) Act, introduced by Senator of Massachusetts Edward J. Markey, Rhode Island Senator Sheldon Whitehouse and Congressman Jim Langevin last […]

  • Seabed Geosolutions Dives in Malaysia

    3 February 2014

    Seabed Geosolutions will carry out a major Ocean Bottom Cable (OBC) contract for PETRONAS Carigali Sdn. Bhd. in Malaysia on the Temana and D18 fields.   The project will start at the end of the first quarter of 2014 and is expected to take approximately six months to complete. The contract value is around 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 […]

  • Siemens Wraps Up Installation of BorWin2

    29 April 2014
    Business & Finance, Equipment, Operations & Maintenance

    Siemens has installed the BorWin2 offshore platform in the North Sea northwest of the island of Borkum. This marks Siemens’ achievement of the second crucial milestone in the German grid connection projects under contract with the German-Dutch network operator TenneT. Siemens had already erected its first converter platform for the HelWin1 connection off Heligoland in […]

  • Russia: Gazprom Management Committee Approves Updated Program for Hydrocarbon Resources Development

    4 March 2011

      The Gazprom Management Committee approved the updated Program for hydrocarbon resources development on the Russian Federation shelf until 2030 and the Plan of Prioritized Actions over 2011 to 2015. Specialized subdivisions were tasked to monitor the Program and its update it once every five years starting from 2015. [mappress] Source: Gazprom, March 4, 2011;

  • APM Terminals Boosts Crane Capacity at Maasvlakte II

    23 June 2014
    Business & Finance

    APM Terminals concluded a contract with Austrian-based crane manufacturer Hans Kuenz GmbH in combination with ABB of Sweden for an additional 22 Automated Rail-Mounted Gantry Cranes (ARMGs). The order will bolster the yard operation for Phase I of the new 2.7 TEU million annual capacity, deep-water Maasvlakte II terminal which will begin operations in November […]

  • The Netherlands: New ARMGs for Maasvlakte II Terminal

    23 June 2014
    Business & Finance, Equipment, Technology

    APM Terminals concluded a contract with Austrian-based crane manufacturer Hans Kuenz GmbH in combination with ABB of Sweden for an additional 22 Automated Rail-Mounted Gantry Cranes (ARMGs). The order will bolster the yard operation for Phase I of the new 2.7 TEU million annual capacity, deep-water Maasvlakte II terminal which will begin operations in November […]

  • Prelude FLNG on schedule for 2018 start-up

    5 May 2017
    Infrastructure

    Shell’s Prelude FLNG, world’s largest offshore facility, is set for completion and startup in 2018, despite a fatal incident that happened at the Samsung Heavy Industries shipyard earlier this week. The construction of the giant facility started back in 2012. Once completed, it will be deployed offshore Australia and will produce 3,6 million tons of LNG annually by […]

  • Lekoil goes to court over regulatory approval delay

    26 October 2018
    Business & Finance

    Nigeria-focused oil company Lekoil has informed that a court hearing will be held next month regarding its 2015 acquisition of a stake in an offshore oil field in Nigeria.

  • Voestalpine to supply pipeline material for Nord Stream 2

    20 April 2016

    Austria’s Voestalpine has said it has secured a major contract supporting the construction of the the Gazprom-run Nord Stream 2 pipeline project between Europe and Russia. The Austrian company supplied 170,000 tonnes linepipe plates for the first part of the offshore gas pipeline in the Baltic Sea between 2008 and 2010. Under the new contract, the […]

  • Oman Shipping Confirms LNG Order

    20 March 2012
    Vessels

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

  • Dana Gas Records 20 Pct Profit Growth, UAE

    4 February 2013

    Dana Gas PJSC, the Middle East’s leading regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2012. Dana Gas recorded net profit growth of 20% in 2012, increasing to US$ 165 million (AED 605 million) from US$ 138 million (AED 506 million) in 2011, reflecting higher […]

  • FY 2018 Work Plan: $1.5 Million for Presque Isle Erosion Control

    13 June 2018
    Business & Finance

    The U.S. Army Corps of Engineers announced earlier this week that Presque Isle State Park in Erie, Pennsylvania, will receive $1.5 million for beach nourishment in the USACE’s work plan for fiscal year 2018. On March 8, 2018, U.S. Representative Mike Kelly sent a personal letter to the Assistant Secretary of the Army (Civil Works) to formally […]

  • ROVOP to expand ROV fleet with five new units

    9 May 2014
    Business & Finance, Equipment

    Rapidly growing subsea specialist ROVOP has announced that it is set to take delivery of five new remotely operated vehicles (ROVs), representing an investment of £17million (approx. $28million) and building significantly upon the company’s market-leading fleet of ROVs. The ROVs include two UHD-III’s, which are the most advanced heavy-duty work-class vehicles in the market, as […]

  • USA: Ecology Seeks Public Comments on Anacortes Cleanup

    30 August 2012

    Continued cleanup of environmental contamination is planned in 2013 at the old Custom Plywood mill site on Fidalgo Bay’s western shore in Anacortes. In advance of that work, the Washington Department of Ecology (Ecology) invites the public to comment on draft documents related to the next round of cleanup at Custom Plywood. Comments will be […]

  • Premier Oil upgrades 2016 output forecast. Cuts Catcher capex

    11 May 2016
    Equipment

    Premier Oil, and UK-based oil company, is set to break its 2016 production guidance ceiling. In its trading update on Wednesday, Premier Oil said that strong production to April 30, of 57.3 thousands of barrels of oil equivalent per day put the company on track to deliver at or above upper end of 2016 guidance […]

  • Norway: Odfjell Drilling to Manage Island Innovator Rig

    1 September 2011
    Business & Finance

    Odfjell Drilling on Monday 29 August 2011 signed a management agreement for the semisubmersible drilling rig “Island Innovator” owned by Marine Accurate Well ASA – Maracc (OTC MARA). The rig will be ready for operations in Norway Q4 2012. Odfjell Drilling CEO Simen Lieungh states: “We are very pleased to announce this management agreement with […]

  • EIA: natural gas, coal-fired power generation to converge

    15 May 2015

    EIA forecasts in its Short-Term Energy Outlook that the amount of electricity generation fueled by natural gas in April and May will total just 3.5% less than the projected amount of coal-fired generation.

  • EIA: natural gas, coal-fired power generation to converge

    15 May 2015

    EIA forecasts in its Short-Term Energy Outlook that the amount of electricity generation fueled by natural gas in April and May will total just 3.5% less than the projected amount of coal-fired generation.

  • 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 […]