10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • EnerMech Profits to Double (UK)

    11 January 2013
    Business & Finance

    Mechanical engineering services company, EnerMech Ltd, doubled turnover in 2011 to £102 million, up from £50.6 million in 2010, according to its latest group accounts. The Aberdeen-based group delivered an £8.4 million profit (EBITDA) and forecast 2012 profits would almost double to £14 million on expected turnover of £140 million. A recently agreed £25 million […]

  • Canada: Port Hope Harbour Dredging Starts This Month

    3 June 2014
    Business & Finance, Project & Tenders

    Dredging of the Port Hope harbour will begin this month as part of the Municipality’s annual maintenance program to allow safe access for boaters during the summer. In accordance with the Municipality’s Sediment Management and Dredging Strategy in October 2012, the dredging will remove 5000m3 of sediment from the harbour to obtain a depth of […]

  • Poland: Swinoujscie LNG Terminal Facing More Construction Delays

    3 September 2013

    The start-up of Poland’s liquefied natural gas import terminal in Świnoujście has been delayed once again, according to several media reports. The Polish Radio News Agency (IAR) reported that Treasury Minister Włodzimierz Karpiński, who commissioned a report on the progress of the construction of the LNG terminal, will soon officially announce that the terminal will […]

  • PGNiG Opens New UGS Facility (Poland)

    3 January 2014

    Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) has opened a new cavern underground gas storage facility in Kosakowo, northern Poland. The site will improve gas transmission in the Pomerania region, in particular by ensuring the continuity of supplies and facilitating the connection of new users to the gas supply network. The new facility, comprising surface infrastructure […]

  • Iberdrola Selects AREVA Turbine for Wikinger Offshore Wind Project in Germany

    19 December 2012
    Business & Finance

    World-leading renewables operator, Iberdrola, has once again selected AREVA’s offshore wind technology for the Wikinger project, to be developed 35 kilometers off the German Baltic Sea coast. Under the terms of the agreement, AREVA will supply its M5000 5 MW turbine for the Wikinger wind farm that will produce up to 400 MW of electricity […]

  • ACP: 15 Years Under Panamanian Administration

    1 January 2015
    Business & Finance, Equipment, Technology

    The Panama Canal yesterday celebrated its 15 year anniversary under the leadership of the Panamanian Administration. During this period, the Panama Canal Authority (ACP) has proven its ability to efficiently operate the waterway, while providing a crucial service to global maritime trade and contributing to Panama’s development.   A Cutting-Edge Canal Since 1999, the Canal […]

  • Maersk Honam Section on Its Way to South Korea

    15 February 2019
    Business & Finance

    A heavy-lift vessel is taking the sound part of the Maersk Honam to South Korea where it will be rebuilt.

  • VIDEO: Hyundai Heavy lifts Aasta Hansteen LQ onto topside

    28 January 2016

    Norwegian oil and gas company Statoil shared a video of Aasta Hansteen living quarters being lifted onto the topside. The lifting took place January 9, 2016, in Ulsan, South Korea, where the platform is currently being constructed by Hyundai Heavy Industries. The Aasta Hansteen living quarters were completed in early November 2015 in the Netherlands by CKT, a Dutch […]

  • MHI Turning Back on Cruise Ships?

    22 June 2016
    Business & Finance

    After experiencing cost overruns in its cruise ship sector, Japanese shipbuilder Mitsubishi Heavy Industries (MHI) is now reviewing its future position in the cruise shipbuilding industry, The Financial Times said. MHI has been discussing its future involvement in cruise shipping with its customers, the Financial Times cited Shunichi Miyanaga, MHI’s chief executive. Miyanaga added that the […]

  • France: GDF Suez Makes EUR 3 Billion Bond Issue

    23 May 2012

    GDF SUEZ of France said it has achieved a three-tranche €3billion bond issue: – €1 billion, maturing in February 2016, with a 1.5% coupon – €1 billion, maturing in June 2018, with a 2.25% coupon – €1 billion, maturing in February 2023, with a 3% coupon. The average coupon of the issue is 2.25% and […]

  • Low Freight Rates Affect CBM’s Q1 Results

    25 April 2014
    Business & Finance

    The executive committee of Compagnie Maritime Belge (CBM), a maritime group seated in Antwerp, has reviewed the results recorded for the first quarter of 2014. The consolidated result for the first quarter 2014 amounts to USD – 3. 1 million. Bocimar, the company’s dry cargo transport arm,  contributes USD -4.3 million to the consolidated result […]

  • DW: Saudi Aramco IPO would dwarf other “mega-deals”

    18 January 2016

    Saudi Arabia’s reluctance to cut production to maintain its share of the global crude market has paid off, Douglas-Westwood, an energy intelligence group, said in its DW Monday report.  By not “blinking first”, the Kingdom has succeeded in driving rigs out of the US shale market with current rotary rig counts down 65% from 2014 […]

  • Evergreen Reaches Fleet Renewal Milestone

    7 July 2014
    Business & Finance

    Taiwan-based Evergreen Group will be welcoming the 25th L-type vessel into its operating fleet tomorrow, July 8th, named EVER LUCKY, thus concluding its L-type project with Samsung Heavy Industries.   EVER LUCKY, a 8,452-TEU L-type containership, was christened on Friday, at the Samsung Heavy Industries shipyard and it is the twentieth L-type vessel to be […]

  • GALLERY: Chinese shipyard making progress with OOS International’s new SSCV

    6 March 2018

    Eight months after the start, the construction of OOS International’s newbuild semi-submersible heavy lift crane vessel (SSCV) OOS Serooskerke is making progress.

  • Sif Joins BorWin Gamma Team

    10 August 2016
    Business & Finance, Storage

    Dutch Sif Holding N.V. has been awarded a contract for the production of all tubular components for the jacket of the BorWin gamma platform.  The contract includes the production of legs, bracings, pile sleeves and pin piles for the jacket. The project is being undertaken by Petrofac in consortium with Siemens for the German-Dutch transmission grid operator […]

  • Offshore drilling highlights: Top paid rigs in 2H 2023

    2 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Three rigs stand out as the highest-paid ones during the second half of 2023. Unsurprisingly, all three spots were taken by drillships.

  • Montrose Port: Work starts on Berth 3 shore power installation

    20 January 2025
    Infrastructure, Ports & Logistics

    Work is underway to install shore power at Berth 3 at Scottish Montrose Port, with operations set to go live in February 2025.

  • Shore power for containerships at Port of Aarhus soon reality

    24 January 2025
    Business Developments & Projects, Infrastructure, Ports & Logistics

    Containerships calling at the container terminal at the Port of Aarhus will soon be able to turn off their diesel generators and receive shore power.

  • Bremerhaven Looking For Offshore Terminal Operator

    5 December 2014
    Business & Finance

    The Federal Land of Bremen, Germany,  has initiated the tender procedure to find an operator for the Offshore Terminal Bremerhaven (OTB). A Europe-wide competitive tender has to be conducted before the contract can be awarded to the operator. The contract will take the form of a service concession and, according to the current plans, will […]

  • Aker Solutions Secures Hook-Up Job at Premier’s Solan Field (UK)

    11 April 2013

      Aker Solutions has won a contract to provide hook-up, commissioning and facility management services to Premier Oil at the operator’s Solan field development, west of Shetland. The hook-up project will see two subsea production and two subsea injection wells tied back to a fixed production platform located in Block 205/26a of the UK North […]

  • DNV GL’s Carl Arne Carlsen recognized at OTC

    5 May 2014
    Business & Finance

    OTC recognizes DNV GL’s Dr. Carl Arne Carlsen with a Distinguished Individual Achievement Award. The award is in recognition of his “outstanding, significant and unique achievements, and extensive contributions” to the offshore industry, and is presented at the Annual OTC Dinner. Carl Arne Carlsen’s career highlights coincide with major developments in the offshore industry, because […]

  • Halliburton in Profit Leap

    20 January 2015
    Business & Finance, Operations & Maintenance

    Halliburton’s income from continuing operations for the fourth quarter of 2014 was $1.0 billion, or $1.19 per diluted share, excluding restructuring charges of $90 million, after-tax, or $0.11 per diluted share, and Baker Hughes acquisition-related costs of $19 million, after-tax, or $0.02 per diluted share. This compares to income from continuing operations for the third […]

  • USCG OPC Acquisition Project Moves Forward

    12 February 2014

    The U.S. Coast Guard has awarded three firm fixed-price contracts for preliminary and contract design (P&CD) for the Offshore Patrol Cutter (OPC) acquisition project. The contracts were awarded to Bollinger Shipyards Lockport LLC (Lockport, La.), Eastern Shipbuilding Group Inc. (Panama City, Fla.), and General Dynamics, Bath Iron Works (Bath, Maine). The total value of the […]

  • Tanker Activities Push Norden to Profit

    3 May 2017
    Business & Finance

    Danish shipping company Dampskibsselskabet Norden A/S has reported its adjusted result for the first quarter of 2017 at USD 1 million, against a loss of USD 5 million seen in 2016. Coverage prevented Norden from benefitting from a dry cargo market that continued a gradual improvement on the back of strong year-on-year increase in Chinese imports, […]

  • Nord Stream 2 Awards Voestalpine Its Largest Deal

    20 April 2016
    Equipment

    Voestalpine has secured a new contract for the Nord Stream 2 pipeline project between Europe and Russia. After having supplied 170,000 tonnes of linepipe plates for the first part of the gas pipeline in the Baltic Sea between 2008 and 2010, the company will now produce several hundred thousand tonnes for the Nord Stream 2. […]