10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Germany: RWE Dea Announces Significant Increase in 2010 Earnings

    6 April 2011
    Business & Finance

      RWE Dea AG, Hamburg, is on a positive course: in fiscal 2010, the company boosted its earnings by 50 per cent. The operating result amounted to 305 million euros in the year 2010 (2009: 203 million euros). “This surge in earnings is attributable to a significant recovery of the market environment,” explained Thomas Rappuhn, […]

  • ADES exercises one-year extension option for jack-up unit

    14 January 2019
    Exploration & Production

    ADES International, an oil & gas drilling and production services provider in the Middle East and North Africa, has secured a one-year extension option for its existing contract for Admarine II.

  • MOG’s Production Down Due to Guendalina Results

    27 January 2014
    Business & Finance, Project & Tenders

    The Board of Mediterranean Oil & Gas Plc announces the following operational update for the 3 month period ended 31 December 2013. MOG’s total net production for Q4 2013 was 4.24 MMscm (equivalent to 0.15 Bcf, or 26,980 boe). This represents average net production of 46,133 scm per day or 293 boe per day during […]

  • VIDEO: Maersk Oil’s Culzean CPF jacket en route to North Sea

    6 July 2017
    Project & Tenders

    Danish oil company Maersk Oil has informed that Culzean’s 8,540 tonne central processing facility (CPF) jacket has started its journey across the North Sea. The CPF jacket for Maersk Oil-operated Culzean gas development in the UK sector of the North Sea was built by Heerema Fabrication Group’s Vlissingen yard in The Netherlands. It was loaded […]

  • 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 […]

  • ERSG to Support DONG Energy’s Danish OWFs

    13 July 2016

    DONG Energy has chosen ERSG to provide contract professionals to support its Danish offshore wind farm projects over the next 5 years. Nigel Wilson, Head of Offshore Wind at ERSG said: “We are delighted to have been selected once again by DONG Energy to staff their Danish projects and my account management team and I […]

  • 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 […]

  • PGNiG Adopts New Strategy, Poland

    20 December 2012

    Polskie Górnictwo Naftowe i Gazownictwo SA has adopted the Short-Term Value Creation Strategy for the PGNiG Group until 2014. Its objective is to prepare the Company for operating in a liberalised gas market. The PGNiG Group wants to maintain its lead in the exploration and production industry, while remaining the primary supplier of natural gas, […]

  • Otto Secures Loan for Galoc Phase II (Philippines)

    21 December 2012

    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 […]

  • 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 […]

  • PHOTO: DLV 2000 Heads for Final Paint Job

    9 December 2015
    Business & Finance

    McDermott’s Derrick Lay Vessel 2000 (DLV 2000) was spotted heading to the graving dock for a final coat of paint in preparation for its delivery in the first quarter of 2016. The DLV 2000, a 184 meters long and 38.6 meters wide combination heavy lift deepwater S-Lay pipelay vessel with 2,000-tonne crane, was ordered from Keppel Singmarine […]

  • Italy: Costa Concordia Wreck Removal Engineering Plan Presented

    15 August 2012
    Business & Finance, Operations & Maintenance

    The Italian-American Consortium, TITAN/Micoperi, presented the detailed engineering and design plan for the removal of the wreck Costa Concordia to representatives from Osservatorio during a regularly scheduled meeting on Monday. The presentation confirmed the previously presented and shared phases of the plan. Activities in recent months have focused on the testing of the various technologies […]

  • Australia: DeepOcean Wraps Up Kipper Tuna Turrum Trenching

    24 January 2012
    Business & Finance

    CTC Marine Projects, Ltd. (“CTC” or the Company), part of DeepOcean Group Holding AS, has announced the completion of its trenching work for the Kipper Tuna Turrum Project in the KTT Field located 45 kilometres offshore Victoria, Australia. The work was undertaken on contract for McDermott Industries (Aust) Pty Ltd. The Company performed trenching of […]

  • ESCO Marine Wins Contract for Saratoga’s Scrapping

    9 May 2014
    Business & Finance

    The U.S. Navy competitively awarded a contract to ESCO Marine of Brownsville, Texas, for the towing, dismantling and recycling of conventionally powered aircraft carriers stricken from service, May 8. Under the contract, the company was awarded $0.01 for the dismantling and recycling of the decommissioned aircraft carrier Saratoga (CV 60). The price reflects the net […]

  • HSH Nordbank Posts ‘Nine-Digit’ Loan Loss

    10 April 2014
    Business & Finance

    As expected, high loan loss provisions resulting from the difficult situation on the shipping markets as well as substantial expenditure for the guarantee provided by the federal states of Hamburg and Schleswig-Holstein led to a loss in the nine-digit range. Due to the persistently tense situation in the shipping sector, HSH Nordbank does not expect freight […]

  • Hochtief Reports 3Q Net Profit of EUR 98.7 Million (Germany)

    16 November 2011
    Business & Finance

    HOCHTIEF’s operating business performed as planned in the third quarter of 2011: The Group is in the black, with profit before taxes of EUR 333.0 million and consolidated net profit of EUR 98.7 million. That means HOCHTIEF achieved turnaround in the operating business, although it has not yet fully made good the loss incurred in […]

  • Seismic Acquisition Programme in Dussafu Block Offshore Gabon Starts

    7 October 2013
    Business & Finance, Operations & Maintenance

    Panoro Energy ASA announces the commencement of a 3D seismic acquisition programme in the Dussafu block offshore Gabon. The work will be carried out by Polarcus and is planned to cover an area of approximately 1260 km2 in the outboard part of the Dussafu license. The primary objective is to upgrade leads that have previously […]

  • Hull Uni Assesses Green Port, Siemens Gamesa Impact

    5 December 2017
    Business & Finance, Human Capital, Ports & Logistics

    The University of Hull presented its findings on the impact of Green Port Hull One at an event yesterday, 4 December, a year after Siemens Gamesa opened the blade manufacturing facility at Alexandra Dock.

  • Axis Offshore holds off newbuild flotel delivery

    29 September 2016
    Exploration & Production

    Axis Offshore, a provider of flotels servicing the offshore oil & gas industry, has further postponed the delivery of its newbuild flotel Axis Nova that is being built at Cosco’s yard in China. Following completion of sea trials, the accommodation rig, or flotel, will be laid-up at the yard until August 20, 2017. The company said on Thursday […]

  • 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 […]

  • Sierra Leone: Sunergy Announces Positive Financial Results

    30 December 2011

    Sunergy Inc has announced positive financial results in 2010: During 2010 the Company nearly doubled its Assets from $1,000,054 to $1,903,002, largely through the completion of Allied Mining and Supply ($753,497) and its 140.1 sq.km. Gold, Diamond and Rare Earth Pampana River Concession in Sierra Leone, West Africa. – Finalized the debt settlement ($664,402) on […]

  • Mercom Reports Strong Corporate and Project M&A Activity in Wind Sector

    27 January 2016
    Business & Finance

    Mercom Capital Group has released its report on funding and merger and acquisition (M&A) activity for the wind sector in 2015. According to the clean-tech research and consulting company, total global corporate funding in the wind sector, including venture capital/private equity (VC), debt financing and public market financing, raised by public companies reached $15.4 billion, compared […]

  • Rystad: Offshore project sanctioning in 2019 on track to surpass 2014 levels

    19 July 2019

    Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects, Rystad Energy said on Thursday. 

  • Otto Marine Wins Tanker Deal, Seeks Delisting

    9 June 2016
    Business & Finance

    Singapore-based offshore marine company Otto Marine Limited has secured a shipbuilding contract for a 6,500 dwt product tanker from an Indonesian stated-owned enterprise. The deal, which is worth USD 14 million, was secured through the company’s wholly-owned subsidiary, PT Batamec. Scheduled for delivery in the second quarter of 2018, the tanker is expected to operate in the Indonesian waters. Otto Marine said that the deal is […]

  • 4.9 GW of Offshore Wind Capacity Under Construction in Europe

    14 July 2014

    The European Wind Energy Association released a report on the European offshore wind industry’s key trends and statistics 1st half 2014. “Despite offshore wind power installations being lower than in the first six months of last year, it remains the fastest growing power sector in Europe” said Justin Wilkes, Deputy Chief Executive Officer at EWEA. […]