10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • MHI Faces $585 mln Loss Due to Construction Delays

    24 March 2014
    Business & Finance

    Mitsubishi Heavy Industries, Ltd. (MHI) has decided to book an extraordinary loss of approximately $585 million from its cruise ship business in the company’s consolidated financial results for fiscal year (FY) 2013 (ending March 31, 2014). In November 2011 MHI received an order for two large-sized cruise ships for the AIDA Cruises brand. Based on its […]

  • ESPS Tornado Strengthens Counter Piracy Cooperation with Republic of Korea

    16 January 2014

    On Tuesday 14 January 2014, the commanding officer of Spanish warship, ESPS Tornado, Lieutenant Commander Juan Belizon, welcomed on board Captain Choi Sung-Mok, the commanding Officer of the Republic of Korea Ship (ROKS) Choi Young. The Republic of Korea warship is currently part of the Combined Maritime Forces (CMF), combating piracy off the Horn of […]

  • Tankers Lift Stolt-Nielsen

    1 October 2015
    Business & Finance

    Oslo-listed Stolt-Nielsen Limited reported USD 30.1 million net profit attributable to shareholders for the third quarter ended August 31, compared with a net profit of USD 14.6 million reported in the third quarter of 2014, mostly due to the company’s tanker segment – Stolt Tankers. Stolt reported revenue of USD 500.7 million in the third quarter of […]

  • CPRA Hosts Community Meetings on 2017 Coastal Master Plan

    6 October 2016
    Business & Finance

    As part of the 2017 Coastal Master Plan, the Coastal Protection and Restoration Authority (CPRA) – in partnership with Restore or Retreat and numerous community partners throughout coastal Louisiana – will host a series of six Community Conversations during this month. The main goal of these meetings is to update residents on the master plan and receive valuable […]

  • PetroRio buys Chevron’s stake in Frade field off Brazil

    31 January 2019
    Business & Finance

    Brazilian oil and gas company PetroRio has entered into a share purchase agreement for Chevron’s stake in the Frade field offshore Brazil.

  • USA: Orion Marine Group Issues Investors Update

    22 January 2014
    Business & Finance, Equipment, Technology

    Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, provided its investors with an update on the Company’s outlook and end markets. “As the Company begins a new year, it remains pleased with strong market fundamentals and continued steady demand for its heavy civil marine construction services. The private sector […]

  • Boskalis 2012 Net Profit Slightly Declines (The Netherlands)

    14 March 2013
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) achieved a record revenue of EUR 3.1 billion in 2012 (2011: EUR 2.8 billion). Net profit amounted to EUR 250 million, thus remaining virtually stable compared to 2011 (EUR 254 million). Despite the slight decline in net profit and a substantial increase in the number of outstanding shares as a […]

  • Russia: Gazprom and LUKOIL Sign Agreement on Gas Supply

    5 March 2011
    Project & Tenders

      Yesterday at the Gazprom headquarters Alexey Miller, Chairman of the Company’s Management Committee and Vagit Alekperov, President of LUKOIL signed an Agreement on Gas Supply from the Bolshekhetskaya Depression and the Northern Caspian Sea. Pursuant to the Agreement, LUKOIL will supply Gazprom with natural gas from the Bolshekhetskaya Depression fields between 2012 and 2016. […]

  • IBERDROLA Begins Process to Install Wikinger Offshore Wind Farm in Germany

    26 August 2011
    Operations & Maintenance

      IBERDROLA has begun the process to install its first offshore wind farm in Germany, the Wikinger, which will be located off the German coast of the Baltic Sea. It will have 400 megawatts (MW) of installed capacity and wind turbines of around 5 MW. The company has begun applying for the permits from Bundesamt […]

  • All FOE rigs to be out of action soon?

    25 October 2017
    Business & Finance, Exploration & Production

    Fred. Olsen Energy’s entire offshore rig fleet will be out of action soon once its last working rig comes off contract next month.  The offshore fleet of Fred. Olsen Energy with subsidiaries consists of three ultra-deepwater/deepwater units and four harsh environment mid-water semi-submersible drilling units. According to the company’s 3Q 2017 report on Wednesday, the […]

  • Yang Ming Adds Five More Boxships to the Tally

    11 September 2015
    Business & Finance

    Taiwanese container shipping company Yang Ming Marine Transport has returned to Japanese builder Imabari Shipbuilding with an order for five more 14,000 TEU containerships. The five newbuilds are slated for delivery in 2018 and 2019 and will be chartered out to Japanese liner company Shoei Kisen Kaisha, Ltd. The order is priced at USD 625 million, with Yang […]

  • IBERDROLA Begins Process to Install Wikinger Offshore Wind Farm in Germany

    26 August 2011
    Operations & Maintenance

      IBERDROLA has begun the process to install its first offshore wind farm in Germany, the Wikinger, which will be located off the German coast of the Baltic Sea. It will have 400 megawatts (MW) of installed capacity and wind turbines of around 5 MW. The company has begun applying for the permits from Bundesamt […]

  • Germany: Upcoming Conference to Focus on Offshore Wind Capital Expenditure

    17 July 2013
    Business & Finance

    The European offshore wind sector installed 277 turbines, with a capacity of 1045MW in the first half of 2013 according to a report by the European Wind Energy Association.  However, despite this growth the industry has noticed a slowdown in investments in new projects. This slow down can be attributed to the high cost of […]

  • Germany: Upcoming Conference to Focus on Offshore Wind Capital Expenditure

    17 July 2013
    Business & Finance

    The European offshore wind sector installed 277 turbines, with a capacity of 1045MW in the first half of 2013 according to a report by the European Wind Energy Association.  However, despite this growth the industry has noticed a slowdown in investments in new projects. This slow down can be attributed to the high cost of […]

  • Fincantieri Secures MSC Cruises ”Renaissance” Gig

    23 December 2013

    MSC Cruises announced, Dec 20th, a multi-million euro programme that will involve all four of its Lirica class ships over the next two years. The almost €200 million”renaissance programme” has been commissioned from Fincantieri in Italy, and will be complete by 2015. The “renaissance” of MSC Armonia, MSC Lirica, MSC Sinfonia and MSC Opera will […]

  • POSCO Steel for World’s Largest FPSO

    25 February 2013

    POSCO has accelerated in preoccupying the energy steel market that is the future new growth engine. It has successfully won an order for supplying 88,000 tons of 11 types of thick plate steel for FPSO (Floating Production Storage and Offloading), which is one of the world’s largest oil prospecting ships that Daewoo Shipbuilding Marine & […]

  • DONG to Pump GBP 6 Billion into Humber Area by 2019

    18 November 2015
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    Denmark-based offshore wind power developer DONG Energy plans to invest GBP 6 billion in the Humber region over the period of 2013 – 2019, according to a new report released during the UK’s first Offshore Wind Week. The report titled Impact of DONG Energy Investments in the Humber Area  shows that over the period 2015 – 2020, DONG […]

  • The Netherlands: Boskalis 2012 Net Profit Slightly Declines

    14 March 2013
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) achieved a record revenue of EUR 3.1 billion in 2012 (2011: EUR 2.8 billion). Net profit amounted to EUR 250 million, thus remaining virtually stable compared to 2011 (EUR 254 million). Despite the slight decline in net profit and a substantial increase in the number of outstanding shares as a […]

  • USA: Subsea 7’s Presence at OTC Bigger than Ever Before

    2 May 2011
    Business & Finance

    Subsea 7, will mark its new beginning to the global oil and gas industry at this year’s Offshore Technology Conference (OTC) in Houston, Texas, where its presence is bigger than ever before. Subsea 7 Inc. and Acergy S.A. merged in January this year, bringing together two very strong subsea companies to create a global leader […]

  • Oman Shipping Company Confirms Order for LNG Carrier from HHI

    20 March 2012
    Business & Finance

      Oman Shipping Company S.A.O.C. (OSC), on March 19th, confirmed an order for a newbuild LNG Carrier, at Hyundai Heavy Industries Co., Ltd. (HHI), Ulsan, South Korea. The LNG Carrier, for delivery in 2014, will have a 162,000 cubic meter (CBM) capacity, and have dual fuel technology. Further the vessel will comply with European “Green […]

  • Frontline, Frontline 2012 Merger Cleared

    30 November 2015
    Business & Finance

    The merger transactions between Frontline and Frontline 2012 have been approved today at the special general meeting of the shareholders of the respective companies. The merger will see Frontline as the surviving legal entity and Frontline 2012 becoming a wholly-owned subsidiary of Frontline, creating the second biggest tanker shipping company. The closing of the merger is expected to take […]

  • Tankers Lift Stolt-Nielsen

    1 October 2015
    Business & Finance

    Oslo-listed Stolt-Nielsen Limited reported USD 30.1 million net profit attributable to shareholders for the third quarter ended August 31, compared with a net profit of USD 14.6 million reported in the third quarter of 2014, mostly due to the company’s tanker segment – Stolt Tankers. Stolt reported revenue of USD 500.7 million in the third quarter of […]

  • Asia Gas Congress 2013 to Be Held in Beijing

    23 November 2012

    CDMC events will be presenting the 9th Asia Gas Congress 2013 to be held in Beijing, China on May 9th-10th, 2013. 9th Asia Gas Congress 2013 is a must-attend event, which will help better understand the gas industry dynamics in the uncertain times. International Energy Agency sees world demand for natural gas could rise more […]

  • Bahri in Clover

    23 October 2015
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the corresponding period from […]

  • Stampede platform in place. Production in 1H 2018

    3 August 2017

    U.S. oil firm Hess has installed the giant Stampede platform to its location in the U.S. Gulf of Mexico in preparation for the first oil in 2018. Discovered in 2005, Stampede is located 115 miles south of Fourchon, La., in the Gulf of Mexico. The field has total estimated recoverable resources in excess of 300 million […]