10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Prysmian finishes North Sea Link ahead of schedule

    16 March 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Italy’s Prysmian has completed the North Sea Link (NSL) interconnector between Norway and the UK ahead of schedule. In 2015, Norwegian system operator Statnett and UK’s National Grid awarded Prysmian with a €550 million project to deliver approximately 950 kilometers of subsea HVDC cables (1400MW, ± 525kV) for what is said to be the world’s […]

  • Vitol completes first biofuel delivery in UAE, consolidates shipping activities

    22 December 2023
    Business Developments & Projects, Infrastructure, Ports & Logistics, Vessels

    Switzerland-based energy and commodities company Vitol has completed its first biofuel deliveries in Fujairah, the United Arab Emirates (UAE).

  • Pipeline Mobilization at Hilton Head Island

    18 March 2016
    Business & Finance

    Portions of the Islanders’ Beach Park on Hilton Head Island will be closed to vehicular traffic and parking effective immediately due to the island’s upcoming beach renourishment project, the Town of Hilton Head Island said in its latest announcement. The partial restriction is required to facilitate the truck delivery of beach renourishment pipeline to the […]

  • SHC Wavedancer Heralds New Era in OSV Market

    25 March 2013

    At the dawn of a new era in offshore support vessels, SHC Wavedancer™ provides a world-first with its new patents pending design making it the only vessel on the world capable of transforming from a high speed catamaran to a semi-submersible platform. This innovation has enormous global potential for use in the offshore energy markets, […]

  • Global Industries to Expand its Fleet with Schilling UHD ROV (USA)

    5 May 2011
    Business & Finance, Equipment, Operations & Maintenance

    Schilling Robotics, LLC, experts in subsea systems, announced the order for a new 200shp, 4,000-meter rated UHD™ ROV system from Global Industries for delivery in the third quarter of 2011. The UHD™ system will be supplied with a 1,500-meter capacity XE™ TMS, launch and recovery system, and topside controls equipment. Tyler Schilling, chief executive officer […]

  • USA: Baker Hughes to Sell Certain Gulf of Mexico Assets to Superior Energy

    6 July 2010
    Business & Finance

    Baker Hughes Incorporated (“Baker Hughes”) announced today that its subsidiaries have signed an agreement to sell a package of assets including two stimulation vessels (the HR Hughes and Blue Ray) and certain other assets used to perform sand control and stimulation services in the US Gulf of Mexico to a subsidiary of Superior Energy Services, […]

  • Norway: HitecVision Announces New $420 M Fund for Offshore O&G Service Industry Investments

    3 June 2010

    HitecVision, Europe’s largest equity investor focusing exclusively on the oil and gas industry, announced today that it has accepted commitments of USD 420 million for its new fund, HitecVision Asset Solutions, exceeding the original USD 320 million target. The fundraising had strong support from existing as well as new international investors. HitecVision Asset Solutions will […]

  • HHI’s Unionized Workers Prepare to Strike

    20 June 2016
    Business & Finance

    The financially troubled South Korean shipbuilder Hyundai Heavy Industries (HHI) could be hit by another hurdle as the company’s unionized workers are planning to launch a strike, according to The Korea Times. Namely, the workers said that this year’s wage negotiations with the company are behind the walkout, however, there are reports that HHI’s self-rescue plan, which includes huge […]

  • U.S. Navy Awards Maersk Line Limited with Prepositioning Operation and Maintenance Contract

    19 July 2011

    Maersk Line, Limited (MLL) has been awarded a multi-year contract for the operation and maintenance of five container and rollon/roll-off ships in support of the Military Sealift Command’s (MSC) and the Marine Corps Prepositioning Program. “We are extremely honored and proud of this award. Winning this contract once again after our resubmission is a true […]

  • BBC Chartering Increases Service Frequency to WCSA

    12 November 2012
    Business & Finance

    The leading provider of multipurpose and heavy lift shipping services, German based BBC Chartering, allocates more shipping capacity to its ‘Andino Express Line’, a liner service that was launched in 2005 connecting Houston with the West Coast of South America. This connection ever since plays a major role for the energy and mining industry and […]

  • South Africa: Southern Wind Shipyard Launches SY Almagores II

    9 May 2012

    Southern Wind Shipyard, few days ago, launched and masted the SW 102 Ds hull No 1. This is the first unit of the brand new SW 102 DS project, SY Almagores II. SW 102 DS is once again signed by Nauta Design (general design, deck and interior design) and Farr Yacht Design (naval architecture, sail plan […]

  • LNG newbuild orders spike in H1

    10 July 2018
    Vessels

    Orders for liquefied natural gas (LNG) carriers surged in the first half of this year as compared to the same period in 2017. According to the data by VesselsValue provided to LNG World News, 22 LNG vessels worth $3.97 billion have been ordered in the first half of this year. This compares to eighth LNG […]

  • Ongoing perforation ops at Black Sea field fuel hopes of higher gas flow rates offshore Türkiye

    17 July 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Encouraged by the current results of its well intervention program, Trillion Energy is anticipating an increase in gas flow rates from the wells at its natural gas field in the Black Sea.

  • OGTC Highlights Successful First Year

    14 February 2018
    Business & Finance, Equipment, Research & Development

    The Oil & Gas Technology Centre has, in just 12 months, co-invested £37 million ($51 million) in more than 70 projects to develop and deploy new technology that could transform the future of the UK North Sea. With more than 80 memberships across five solution centres, the OGTC is bringing together oil and gas operators, […]

  • Rosneft and CNPC Sign East Siberia Deal

    18 October 2013

    Rosneft President and Chairman of the Management Board Igor Sechin and Chairman of the China National Petroleum Corporation Zhou Jiping have signed a Memorandum to expand cooperation in upstream projects in East Siberia. The Memorandum describes a joint venture for upstream developments in East Siberia with Rosneft holding 51% and CNPC – the remaining 49%. […]

  • Court hearing coming up this week: Go-ahead or more hiccups for North Sea gas project?

    10 June 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    After hitting another snag due to a court-ordered temporary halt of operations, a gas project in the North Sea is awaiting outcome of court hearing.

  • Germany: Head of Meyer Werft Hopes to Meet New Suppliers at Seatrade Europe

    6 July 2011

      Interview with Mr. Ralf Sempf, Head of Materials Management / Purchasing and Member of the Board of Management of Meyer Werft, Papenburg Meyer Werft has earned an outstanding reputation in cruise shipbuilding. Since entering this market in the 1980s, the yard has built 30 luxury ships for customers from all over the world. The […]

  • UK partners on the lookout for fiscal and regulatory clarity before speeding up North Sea oil project

    3 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    NEO Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are still waiting for the fiscal and regulatory uncertainty surrounding the UK’s oil and gas scene to clear up, once the government wraps up its environmental guidance revamp for oil and gas projects, to move full steam ahead with their oil redevelopment project in the North Sea.

  • STATS Group Supports Subsea 7 on Aasta Hansteen Field

    2 November 2016
    Operations & Maintenance

    Subsea 7 contracted STATS Group to provide positive isolation of pressurised mechanically lined BuBi pipe to facilitate reeling onto a pipe lay vessel at their facility in Norway, prior to installation at the Aasta Hansteen gas field. Subsea 7 were contracted to perform the tow-out and hook-up of the SPAR FPSO at Aasta Hansteen, including […]

  • Trelleborg to Present Vikotherm Material Portfolio at OTC

    1 May 2014
    Business & Finance, Equipment

    To cater for industry demands, Trelleborg’s offshore operation has consolidated its range of high performance thermal insulation materials, to house them all under one brand – Vikotherm™. The company will present its newest portfolio at the Offshore Technology Conference, in Houston. “As subsea environments become increasingly more demanding; going deeper and further than ever before, […]

  • Petronas posts nine-months loss

    27 November 2020
    Business & Finance, Business Developments & Projects

    Malaysian energy giant Petronas posted a loss for the nine months of 2020.

  • United States’ San Juan Islands set sights on tidal power for local energy resilience

    5 April 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    An electric utility providing services to San Juan County in the US state of Washington has started exploring the feasibility of developing a tidal energy project that would provide another layer of energy resilience for the island communities in the Salish Sea.

  • ADNOC pens $3 billion green financing deal with JBIC

    5 July 2024
    Business & Finance, Business Developments & Projects

    ADNOC has signed a general agreement with JBIC for a $3 billion green financing facility, which will support the company’s decarbonization and energy transition initiatives.

  • USA: Army Corps Proposes Housatonic River Maintenance Dredging

    16 August 2012

    The U.S. Army Corps of Engineers, New England District, is proposing to perform maintenance dredging of portions of the Federal Navigation Project in the Housatonic River in Stratford and Milford, Conn. The proposed work involves removal of up to 100,000 cubic yards of sandy material from shoal areas of the Housatonic River south of the […]

  • Keel laid for Star of the Seas, Royal Caribbean’s next LNG-powered cruise ship

    29 December 2023
    Business Developments & Projects, Infrastructure, Vessels

    Finnish shipbuilder Meyer Turku has celebrated the end of 2023 with another big milestone — the hull assembly of Royal Caribbean International’s Star of the Seas has begun at the yard.