10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Keppel Wins Over USD 60 Mn Worth of Modification Deals

    28 June 2017

    Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly owned subsidiary, Keppel Shipyard, won four contracts worth a total of SGD 85 million (around USD 61.4 million) for the conversion, repair and modification of vessels. “Despite the current challenging market conditions, we continue to receive a regular stream of conversion, repair and modification […]

  • DW: After narrowing by year-end, oil oversupply to grow again in 2017

    8 August 2016

    There is a general consensus amongst industry analysts that the oil oversupply creating the current market downturn will narrow by the end of 2016, Douglas-Westwood, an energy intelligence group, said in its DW Monday report. However, DW said, it is highly likely that the oversupply will increase once again in 2017.  The group said that its […]

  • VIDEO: Prelude FLNG milestones in 2016

    20 December 2016
    Equipment, Infrastructure

    Shell has shared a video representing several milestones achieved in 2016 during the construction of its giant Prelude FLNG project. The company is building the floating LNG unit in South Korea. Once complete it will be moved offshore W. Australia where it will produce gas from the Prelude field, and then turn it into LNG. […]

  • Gazprom to Speed Up Gasification of Russian Regions

    30 November 2011

    The Board of Directors addressed the issues of Gazprom’s participation in the Russian regions development. The Board of Directors tasked the Management Committee to consider gasification a crucial sphere of activity as well as to update jointly with federal and regional authorities the Russian Regions Gasification Program until 2015 and, subsequently, until 2020, for which higher rates of natural gas supply to the population, industrial and agricultural sectors […]

  • Perisai delays jack-up rig delivery again

    13 June 2016
    Exploration & Production, Project & Tenders

    Malaysian drilling contractor Perisai Petroleum has deferred a jack-up rig delivery once again. The company on Friday said it agreed with the PPL Shipyard to postpone the delivery of the Perisai Pacific 102 until October 31, 2016. This is a second delay for the Perisai Pacific 102, as the companies had in October 2015 agreed to revise the […]

  • USA: Patti Marine to Construct Robert Allan Tugs for Signet Maritime

    21 December 2012
    Business & Finance

    Signet Maritime Corporation continues to expand its diverse fleet by awarding a contract for the construction of two Robert Allan Ltd. designed tugs to Patti Marine Enterprises, Inc. in Pensacola, Florida. This marks the ninth Signet/Robert Allan Ltd. design in 5 years. Construction commenced in November 2012 with an expected delivery of December 2013 for […]

  • Works on the Roberts Bank Terminal 2 Project Continue

    1 June 2018
    Business & Finance, Project & Tenders

    The Vancouver Fraser Port Authority is continuing field studies in June 2018 as part of ongoing environmental and technical work for the Roberts Bank Terminal 2 Project. The Roberts Bank Terminal 2 Project is a proposed new three‐berth container terminal that will, once finished, provide 2.4 million TEUs of additional container capacity annually. At the moment, […]

  • WODCON XXI Dredging Congress Opens for Registration

    9 December 2015
    Business & Finance

    Western Dredging Association (WEDA) has begun preparations for the 21st World Dredging Congress and Exposition (WODCON XXI) to be held at the Hyatt Regency Miami from June 13-17, 2016. The WODCON is held once every three years by WODA, the World Organization of Dredging Associations. First formed in 1967 in New York and held throughout the world […]

  • Seacat Services Orders Two 24m Catamarans

    2 February 2015

    Seacat Services, an offshore energy crew transfer vessel operator, has placed an order worth £6 million with local boat builder South Boats IOW for two DNV-GL class-certified next generation 24m catamarans as it looks to bolster its fleet ahead of the next phase of European offshore wind construction. While new construction is set to slow […]

  • Centrica to plug and abandon Butch East well

    12 May 2014
    Business & Finance, Project & Tenders

    Faroe Petroleum announced that drilling has reached target depth on the Centrica-operated Butch East exploration well 8/10-5S and a subsequent up-dip appraisal well 8/10-5A, the first of two back-to back-wells in Licence PL405, following up the Butch Main discovery (Faroe 15%). The Butch East exploration well spudded on 29 December 2013 and reached total depth […]

  • Oman Drydock completes LNG repair contract

    18 September 2014
    Project & Tenders, Vessels

    Oman Drydock Company (ODC), one of the largest ship repair yards in the Middle East, said it has completed work on the Ibra LNG tanker, owned by Oman Shipping Company (OSC). It is the first membrane containment LNG vessel to be repaired at the yard after ODC passed stringent tests, to be awarded the GTT quality […]

  • China Diversifying Its Shipping Business Model

    23 February 2015

    The Chinese business model for the shipping industry has seen a slight diversification over the recent period as the country’s new premier backs private commercial initiatives. This is particularly evident as the gradual relaxation of state control in some areas paves way for Very Large Crude Carries (VLCCs) being fixed out in the international market, shipbroking […]

  • 2014 event selling out rapidly

    1 October 2014

    Later this month Offshore Energy Exhibition & Conference 2014 will kick off for the 7th time in history. Despite the fact that an additional 6000 sq.m. of exhibition floor was added to the floor plan the event organization expects to sell out any time now. The Offshore Energy Today crew spoke with Philip Mulder, Offshore […]

  • Kleven Snags Six

    16 October 2014
    Business & Finance

    Norwegian shipbuilder Kleven has signed a contract with Maersk Supply Service A/S for the building of six anchor handling vessels, with options for up to four additional vessels. The 95 meter long vessels are of SALT 200 AHTS design from Salt Ship Design, and will be built at Kleven’s two shipyards in Norway, Kleven Verft and […]

  • Robert Allan Designs Patti Marine Builds, USA

    21 December 2012

    Signet Maritime Corporation continues to expand its diverse fleet by awarding a contract for the construction of two Robert Allan Ltd. designed tugs to Patti Marine Enterprises, Inc. in Pensacola, Florida. This marks the ninth Signet/Robert Allan Ltd. design in 5 years. Construction commenced in November 2012 with an expected delivery of December 2013 for […]

  • CGG sees 22 pct growth in fourth quarter revenues

    9 March 2018
    Business & Finance

    CGG, which recently finalized the implementation of its financial restructuring plan, recorded an increase in its revenues and a smaller loss sequentially and year-on-year.

  • ExxonMobil’s loss is Chevron’s gain: High-stakes arbitration over Hess’ Guyana oil assets ends

    18 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    ExxonMobil and its partner, China’s CNOOC, have not secured a victory in arbitration proceedings over U.S.-based Hess Corporation’s sale of interests in assets off the coast of Guyana. This clears the key merger hurdle in Chevron’s path, enabling it to bring Hess’ upstream portfolio into its fold.

  • Shelf Drilling: Jack-up utilization rising, dayrates historically low

    14 November 2018
    Exploration & Production

    Jack-up rig specialist Shelf Drilling expects rig utilization to further increase in 2019, but the CEO has acknowledged the dayrates have yet to pick up.

  • OTC Asia: GMS to provide offshore jack-up vessel solutions for South East Asia

    25 March 2014
    Business & Finance

    Gulf Marine Services, a provider of self-propelled self-elevating support vessels, has announced at OTC Asia, Kuala Lumpur, that it will bring a fleet to South East Asia, providing a new offshore solution for the region. GMS, which had a premium listing on the London Stock Exchange earlier this month, recently established an office in Singapore […]

  • Petrobras Executives Present Libra Field Development at Brattec Offshore 2014

    12 May 2014
    Business & Finance, Research & Development

    The magnitude of the Libra area was the main highlight of Wednesday, May 7 at Brattec Offshore 2014, an event organized by the Brazil-Texas Chamber of Commerce. Petrobras’ executive manager for Libra, Anelise Lara, talked about the reservoir’s characteristics and the area’s development prospects. Paulo Alonso, local content advisor to Petrobras’ CEO and executive coordinator […]

  • South Korea: DSME Hands Over Very Large Crude Carrier IZKI to OSC

    20 March 2012

      Oman Shipping Company S.A.O.C. (OSC) yesterday took delivery of a Very Large Crude Carrier (VLCC) “IZKI” at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea. “IZKI” is designed and constructed according to the latest international standards, and it has advanced ballast water treatment technology to comply with international conventions on the […]

  • 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.

  • 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 […]

  • 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 […]