10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • GIB Fund to Boost UK Offshore Wind, Says RenewableUK

    24 June 2014

    RenewableUK says today’s announcement by the Green Investment Bank (GIB) that it plans to raise £1 billion for a fund to invest in offshore wind projects will help to boost the sector’s rapid growth. The bank has already invested in 5 large offshore wind farms since its inception in 2012, such as London Array, currently […]

  • 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 […]

  • Photo of the Day: Esvagt Njord Heads to Norway

    4 February 2016

    Esvagt Njord, also known as Esvagt HST-125, left the quay side in Gdansk this morning and is heading to Leirvik Shipyard in Norway, according to the Danish Offshore Service Vessel (OSV) operator Esvagt. Esvagt Njord OSV was built by Poland’s Nauta Shiprepair Yard and is destined to service the 400 MW Dudgeon offshore wind farm off Norfolk, […]

  • Noble Group Selling Four Kamsarmaxes to Cut Debt

    29 November 2017
    Business & Finance

    Commodities trader Noble Group said on Wednesday that it has inked a deal to sell four Kamsarmax dry bulk carrier vessels for a total of USD 95 million. “The consideration was arrived at after arm’s length negotiations between NGL and the buyers, on a “willing buyer willing seller” basis, and taking into account, inter alia, the […]

  • Japan: Tokyo Gas April Sales Up 4.1 Percent

    17 May 2012

    Total gas sales volume by Tokyo Gas for the month of April 2012 came to about 1,225.407 million m3, increased by 48.627 million m3 (+4.1%) from April 2011. In the residential sector, volume totaled 372.039 million m3, up 1.6% from April 2011, while in the business sector (consisting of commercial, public, and medical use), with […]

  • ICIS Price Used as Benchmark for China LNG Trading Platform

    13 January 2014

    The ICIS C1 freight rate assessment for spot LNG prices has been adopted by the new Ningbo Commodity Exchange (NCE) on forward LNG contracts, under an agreement in place between the exchange and ICIS C1 Energy, an ICIS service in China. Sean Liu, general manager of ICIS China, and Zhu Jinxiang, general manager of the […]

  • First Turkmen Coast Guard Ship Gets Name of Arkadag

    15 February 2012

    First patrol ship being built by Turkmen Frontier Service shipyard obtained the name of Arkadag (“Protector”), reports REGNUM. It was not reported at which stage of construction the ship was. Her technical characteristics are unknown either. When the construction is over, Arkadag will be the first domestically built warship in Turkmenistan. Arkadag is official title […]

  • 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 […]

  • CMA CGM Rhone Welcomed to French Liner’s Fleet

    23 February 2015
    Business & Finance

    The CMA CGM Group’s latest fleet addition, the 9,365-TEU CMA CGM Rhone, embarked on her maiden voyage from China on February 20th, 2015. CMA CGM Rhone, sailing under the Malta flag, is the 4th vessel of this class built at the Chinese construction site DSIC (Dalian, PRC). It is the 7th in a series of 28 ships from 9,400 TEUs […]

  • SCI and GAIL in USD 3 Bn LNG Deal Talks

    6 October 2014
    Business & Finance

    Shipping Corporation of India (SCI) is currently in talks with GAIL (India) Limited to form a joint venture where GAIL will secure USD 3 billion for the purchase of nine LNG ships which will be run by SCI, a senior official at SCI was reported saying. Sarveen Narula, SCI Director for liner and passenger services, said […]

  • Santos: Upgrade of Tintsfield Water Storage Facilities Nearing Completion

    6 June 2014

      Santos is nearing completion of extensive work on decommissioning and upgrading water storage facilities constructed by a previous operator in and around the Pilliga in north west NSW. As part of that process, water monitoring bores have identified elevated salinity and naturally occurring heavy metals – as is typical for the surrounding soil – […]

  • LNG Limited: Magnolia project on track

    27 March 2015

    Australia’s LNG Limited said that its 8 Mtpa Magnolia LNG project in the United States is on target for first LNG production in 2018. The Magnolia project in Louisiana, Port of Lake Charles, is being designed to comprise four LNG trains, each of 2 mtpa design capacity and guaranteed 1.7 mtpa firm production capacity. According to LNG […]

  • LNG Limited: Magnolia project on track

    27 March 2015

    Australia’s LNG Limited said that its 8 Mtpa Magnolia LNG project in the United States is on target for first LNG production in 2018. The Magnolia project in Louisiana, Port of Lake Charles, is being designed to comprise four LNG trains, each of 2 mtpa design capacity and guaranteed 1.7 mtpa firm production capacity. According to LNG […]

  • Polarcus Starts 3D Seismic Survey Offshore Gabon

    7 October 2013

    A 3D seismic acquisition project has kicked off in the Dussafu block offshore Gabon, Panoro Energy has informed. 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 been identified on 2D […]

  • Global OTEC prepares for first deployment in Atlantic Ocean (Video)

    25 February 2025
    Business Developments & Projects, Equipment, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Vision

    UK-based company Global OTEC is preparing to deploy its floating cylindrical hull into the Atlantic Ocean, with operations set to begin once weather conditions allow. The deployment will take place at the Oceanic Platform of the Canary Islands (PLOCAN) off Gran Canaria, Spain. The company recently completed the final preparatory steps, including anchor installation and […]

  • Ukraine LNG Project Takes Step Forward

    9 August 2012

    Today the Ukrainian government approved the feasibility study of the construction of the LNG terminal, informed Ukrainian Energy and Coal Industry Minister Yuriy Boyko. Technical development of the station will be finalized by December 2012, according to the National Project LNG Terminal. The construction of the first line of the terminal will begin in 2013. […]

  • Costa Rica: APM Terminals Moin Concession Agreement Gets Final Endorsement

    22 March 2012
    Business & Finance

    APM Terminals’ Moin Container Terminal (TCM) Concession Agreement with the Government of Costa Rica has received final endorsement from Costa Rica’s Comptroller General Office. With this, APM Terminals will be able to start the 18-month implementation phase performing all the required studies and final design work which once completed, will be submitted to the Government […]

  • 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 […]

  • Statoil awards steel wire rope contract to Otic Equipment

    27 June 2014
    Business & Finance, Equipment

    Norwegian Otic Equipment AS has signed a frame agreement with Statoil for the delivery of high performance steel wire rope for uses at Statoil’s offshore cranes. The agreement starts 1st July, and is for 4 years with an option for an additional 2 x 2 years. The deliveries will be based on high performance steel […]

  • 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 […]

  • Drewry: Yo-Yoing of Spot Rates to Continue in 2015

    13 January 2015

    The westbound trade continues to show consistent growth but it is far from uniform throughout the Mediterranean region, according to UK shipping consultant Drewry. November’s 5.0% year-on-year increase means that in the last 20 months the Asia-Mediterranean market has only once experienced a year-on-year monthly fall. Currently, it is the revival of the developed West […]

  • Norway: Statoil Awards USD 270 Million Troll A Contract to ABB

    24 October 2011
    Business & Finance, Equipment

    Statoil has awarded ABB a contract for the electric drive system for the two new pre-compressors on the Troll A platform in the North Sea. The contract is worth approximately $270 million Statoil and its partners in the Troll licence on the Norwegian continental shelf (NCS) decided in September to invest NOK 11 billion in […]

  • 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 […]

  • Spotted: Port of Durban’s Wharf Upgrades Almost Done

    16 January 2017
    Business & Finance

    South Africa’s Transnet National Ports Authority’s (TNPA) six-berth reconstruction project at the Maydon Wharf Precinct in the Port of Durban has reached a milestone, with berth 13 and 14 now deeper and safer for bigger ships calling at the port. On January 13, 2017, the Port of Durban serviced Bright Sky, the first vessel to […]

  • LEEDCo’s Offshore Wind Project Could Benefit from Tax Credits Extension (USA)

    4 January 2013
    Authorities & Government, Business & Finance

    The renewal of tax credits could benefit an offshore wind project off Cuyahoga County in Lake Erie, planned by Lake Erie Energy Development Corporation (LEEDCo), by attracting private investment. The offshore wind project, which comprises between 20 and 30 MW of generating capacity, would not be qualified for the production tax credit this year, given […]