10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
Order results by

A list of search results

  • EXMAR launches its first ammonia-powered gas carrier

    29 July 2025
    Business Developments & Projects, Infrastructure, Vessels

    Belgian shipping company EXMAR has launched its first ammonia-powered gas carrier at HD Hyundai Mipo shipyard in South Korea.

  • Matson, Hanwha Philly mark construction progress on new LNG-ready Aloha Class boxship trio

    5 August 2025
    Business Developments & Projects, Vessels

    U.S.-headquartered transportation and logistics company Matson and shipbuilder Hanwha Philly Shipyard, a wholly-owned arm of South Korea’s Hanwha Systems and Hanwha Ocean, have marked a construction milestone of the first of three new future-fit Aloha Class container vessels. As disclosed, on August 4, the first engine room section of the ship, weighing 420 metric tons, […]

  • Drilling starts to bring African field back to life after nearly 30 years

    6 August 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    Akrake Petroleum, a subsidiary of Singapore’s Rex International Holding, has spudded the first well in a field offshore Benin.

  • Odfjell-managed rig swings into action for wildcat offshore Namibia

    1 August 2025
    Business Developments & Projects, Exploration & Production

    Rhino Resources and its partners have started spudding an exploration well in a license in Namibia’s Orange Basin.

  • Plans for California’s offshore oil platform trio to be back online by year-end fuel opposition as new entrants join legal fight

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

    With a decade-long wait coming to an end once a platform off the coast of California switched back to oil production mode, the U.S. Interior Department has revealed a timeline for the resumption of oil output from two more platforms. As environmental groups are opposed to the restart of the platform trio, a legal challenge is underway, with new supporters entering the pool of members after a federal court enabled more groups to join the legal fight with Sable and ExxonMobil.

  • UK operator gets $200K fine for vent breaches at North Sea gas hub

    29 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    As Great Britain’s regulator, North Sea Transition Authority (NSTA), tightens the noose on excessive emissions of greenhouse gases by tackling flaring and venting activity, Chrysaor, which became part of Harbour Energy in 2021, has been fined £150,000 ($200,269.5) for vent breaches at its offshore platform in the North Sea on the UK Continental Shelf (UKCS).

  • 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.

  • ExxonMobil handing over reins of Australia’s legacy offshore asset to Woodside

    29 July 2025
    Business Developments & Projects, Project & Tenders

    Australia’s oil and gas giant Woodside Energy has signed a deal with the Australian subsidiary of U.S.-headquartered energy major ExxonMobil to assume the operatorship of assets situated off Victoria’s Gippsland coast.

  • MODEC delivers another piece of puzzle for Guyana-bound FPSO

    25 July 2025
    Business Developments & Projects, Project & Tenders

    Japan’s MODEC has delivered a structure that will form part of a floating production storage and offloading (FPSO) unit to be deployed to a project offshore Guyana operated by ExxonMobil, a U.S.-headquartered oil and gas giant.

  • Egypt weeks away from upping its security of gas supply with another FSRU

    16 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    A floating storage and regasification unit (FSRU), owned by Energos Infrastructure, formed by a joint venture between the U.S. energy infrastructure player New Fortress Energy (NFE) and Apollo Global Management, has secured a multi-year deal for deployment at a liquefied natural gas (LNG) import terminal in Egypt.

  • HKN to track marine ecosystem ahead of offshore solar rollout

    22 July 2025
    Business Developments & Projects, Environment, Equipment, Exploration & Production, Project & Tenders, Regulation & Policy, Research & Development, Technology

    Dutch offshore solar company Oceans of Energy, in collaboration with NIOZ Royal Netherlands Institute for Sea Research, has deployed two environmental monitoring landers at the Hollandse Kust Noord (HKN) wind farm, operated by CrossWind. According to Oceans of Energy, the site is set to host the world’s first integrated offshore solar-wind farm, Nymphaea Aurora. The […]

  • Local player joining Malaysia’s third FLNG project

    21 July 2025
    Business Developments & Projects, Project & Tenders

    Petronas LNG, a subsidiary of Malaysia’s state-owned giant Petronas, has signed a heads of agreement (HoA) with compatriot SMJ Energy, enabling the latter to participate in a floating liquefied natural gas (FLNG) project off the coast of the Malaysian state of Sabah.

  • WinGD’s ammonia dual-fuel engine installed on EXMAR gas carrier newbuild

    16 July 2025
    Business Developments & Projects, Infrastructure, Vessels

    “World’s first” oceangoing ammonia-powered gas carrier, currently under construction at HD Hyundai Mipo shipyard in South Korea, has been fitted with an ammonia two-stroke engine developed by Swiss marine power company WinGD. WinGD has delivered and installed its X52DF-A engine on the 46,000 cubic meter (cbm) LPG/ammonia carrier being built for Belgian shipping company EXMAR. Once […]

  • New FPSO en route to join six other units at Petrobras’ deepwater field (Gallery)

    15 July 2025
    Business Developments & Projects, Project & Tenders

    A floating production storage and offloading (FPSO) unit has left Seatrium’s yard in Singapore for a field in Brazil’s Santos Basin operated by the country’s state-owned energy major Petrobras.

  • $360M investment to be made for first phase of South Korean subsea cable manufacturing plant

    18 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition, Vision

    South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened the first phase of its first submarine cable plant that produces inter-array cables, […]

  • BW LPG wraps up $595M financing to support fleet and balance sheet strategy

    17 July 2025
    Business & Finance, Business Developments & Projects, Vessels

    Singapore-based ship owner and operator BW LPG has closed two financing facilities totaling $595 million, aimed at supporting the fleet renewal, refinancing existing debt and ensuring ample liquidity for future investments. As disclosed, the company has closed a $380 million term loan and revolving credit facility, which is backed by seven banking partners. Simultaneously, BW LPG […]

  • WATCH: Heerema’s largest vessel slides North Sea oil & gas platform’s new jacket into place

    17 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Norwegian oil and gas player Aker BP has made progress in bringing an offshore platform to life by installing a new jacket at an oil and gas development in the North Sea, off the coast of Norway.

  • New oil & gas discovery seen as European country’s ‘largest conventional hydrocarbon field’

    22 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Keeping the remaining potential for exploration and recovery in mind, a fresh oil and gas discovery, which was drilled with a Noble Corporation-owned rig in the Baltic Sea, has aided the operator of the Wolin license block off the coast of Poland to infer that this find is one of the largest conventional oil discoveries in Europe in the past decade.

  • Wuhu Shipyard earns double green light for novel 18,600 dwt tanker design

    16 July 2025
    Business Developments & Projects, Innovation, Research & Development, Vessels

    China-headquartered shipbuilder Wuhu Shipyard has been awarded approvals in principle (AiP) from two classification societies, Norway’s DNV and the American Bureau of Shipping (ABS), for its eco-friendly 18,600 dwt chemical tanker. As disclosed, the tanker, which was independently developed by Wuhu Shipyard, is the fourth unit of this vessel type to receive this form of […]

  • MODEC’s first FPSO destined for Guyana reaches new construction stage

    15 July 2025
    Business Developments & Projects, Infrastructure, Project & Tenders

    Japan’s MODEC has celebrated the completion of a stage in the construction of a floating production storage and offloading (FPSO) unit to be deployed to ExxonMobil’s development offshore Guyana.

  • Seventh FPSO prepares to join Petrobras’ Santos Basin field

    30 June 2025
    Business Developments & Projects, Project & Tenders

    A sailaway ceremony has been held to mark the departure of a floating production storage and offloading (FPSO) unit from Seatrium’s yard in Singapore to a field offshore Brazil operated by the country’s state-owned energy major Petrobras.

  • WATCH: Methanol-ready energy subsea construction vessel makes a splash in Vietnam

    2 July 2025
    Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    An energy subsea construction vessel (ESCV) being built in Vietnam for Norwegian shipping company Rem Offshore has hit the water one month ahead of schedule. Once delivered next year, the vessel will perform heavy construction work in offshore wind and subsea arenas with net-zero emissions. Following the initial steel cutting on July 3, 2024, the […]

  • Damen signs contract with South Korea’s Starline for delivery of new fast ferry

    9 July 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    Dutch shipbuilding major Damen Shipyards Group has signed a contract with South Korea’s Starline for the delivery of a new Damen Fast Ferry 4212.

  • US lawmakers propose twin bills to tackle maritime pollution

    18 July 2025
    Authorities & Government, Environment, Infrastructure, Ports & Logistics, Regulation & Policy, Transition

    Two United States lawmakers have introduced a pair of bills aimed at cutting down on dangerous air pollution within the maritime transport industry. As disclosed, on July 10, California-representing US Senator Alex Padilla reintroduced the Clean Shipping Act of 2025, led by House Representative Robert Garcia, targeting greenhouse gas (GHG) emission reduction from shipping to […]

  • South Korean partners conduct ‘world’s first’ LNG boil-off gas recycling demo

    1 July 2025
    Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Research & Development, Technology

    South Korean conglomerate HD Hyundai and compatriot classification society Korean Register (KR) have revealed the completion of what is claimed to be the world’s first demonstration of a technology that recycles boil-off gas (BOG) from LNG-fueled ships under construction into onshore city gas.