10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
Order results by

A list of search results

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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.

  • Dana Gas Records Net Profit Growth in 2012 (UAE)

    4 February 2013
    Business & Finance

    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 […]

  • Ensco’s net income increased to $1.4 B in 2013

    20 February 2014
    Business & Finance

    Ensco plc reported today that diluted earnings per share were $1.54 in fourth quarter 2013 compared to $0.94 in fourth quarter 2012. Discontinued operations primarily related to rigs and other assets no longer on the Company’s balance sheet reduced earnings by $0.02 per share in fourth quarter 2013 and $0.10 per share in fourth quarter 2012. […]

  • ASRY Pens Major Maintenance Deal with KOTC

    3 February 2015
    Business & Finance

    Kuwait Oil Tankers Company (KOTC) has inked a deal with Bahrain-based Arab Shipbuilding & Repair Yard Company (ASRY) for dry-docking of record number of 19 tankers over three years. The value of the agreement is approximately USD 33 million, making it the largest of its kind made with shipyards across the Arabian Gulf region. ​ KOTC CEO […]

  • Philippine Maritime Academy to Provide New Courses

    30 January 2012
    Business & Finance

    Able Deck, Able Engine, Security Awareness Training, Security Training for Seafarers with Designated Security Duties, Advanced Training for Oil Tanker Cargo Operations, Basic Training for Oil and Chemical Tanker Cargo Operations and Electro-Technical Officer are among the newly revised courses that will be soon available in the Philippine Maritime Academy. The Maritime Training Council (MTC) […]