10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • PPL Shipyard Wins Two Turnkey Contracts Worth $417 Mln

    1 July 2013

    Sembcorp Marine’s PPL Shipyard has secured additional orders for two turnkey contracts worth a combined value of US$417 million from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V. (Oro Negro) for the construction of two units of jack-up rigs. Scheduled for delivery at end July 2015 and end of third quarter 2015, […]

  • FID Reached for Second FLNG Project

    13 February 2014

    Petronas has reached the Final Investment Decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project. Subsequently Petronas has issued a letter of award for the Engineering Procurement, Construction, Installation, Commissioning (EPCIC) contract for the project to the consortium of JGC Corporation, Samsung Heavy Industries Company Limited, JGC (Malaysia) Sdn Bhd and […]

  • UK: BP Reaches a Definite Turning Point, CEO Says

    25 October 2011
    Business & Finance

    As BP announced its financial results for the third quarter of 2011 group chief executive Bob Dudley today set out more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point. Progress made through 2011 in reshaping and focussing the company is creating a stronger and safer BP, […]

  • OPEC and Non-OPEC oil production cuts reach new highs in January

    22 February 2018

    OPEC and Non-OPEC countries participating in voluntary production cuts have started off 2018 with record-breaking conformity levels.

  • Cowes Breakwater Project Begins Next Month (UK)

    1 April 2014
    Business & Finance, Equipment, Technology

    Construction of the new detached breakwater for Cowes is set to commence in early May. The initial construction phase will be completed this autumn, at which point the gravel core will be visible approximately 5 metres clear of Low Water spring tides. Following a settlement period, Boskalis Westminster will return in spring 2015 to level […]

  • Wasco Wins Nord Stream 2 Pipe Coating and Storing Tender

    11 July 2016
    Equipment, Project & Tenders

    Nord Stream 2 AG has awarded a tender for the provision of concrete weight coating and storing of more than 200,000 pipes for Nord Stream 2 project to Wasco Coatings Europe. The contract for this award is subject to final negotiations and will be signed in the coming weeks. WSC will announce the project value once the final […]

  • Edda Fonn offshore vessel sold to New Zealand Navy

    23 August 2018

    The Navy said the project budget for the purchase, modifications, and introduction into service of the dive and hydrographic capability was $103 million.  

  • Austal Receives USD 313 Million Order to Build Two JHSV for US Navy

    1 July 2011

    The U.S. Navy has exercised contract options funding the construction of the sixth and seventh Joint High Speed Vessel (JHSV), as part of a ten-vessel program potentially worth over US$1.6 billion. The construction contract for both vessels is valued at approximately US$313 million. Austal Chief Executive Officer, Andrew Bellamy, noted that this contract demonstrates the […]

  • UK: CEO Sets Out Priorities for Stronger BP

    25 October 2011

    As BP announced its financial results for the third quarter of 2011 group chief executive Bob Dudley today set out more details on BP’s future direction and strategic priorities, saying the company had reached a clear turning point. Progress made through 2011 in reshaping and focussing the company is creating a stronger and safer BP, […]

  • HOCHTIEF After Year of Transition: Way Clear for Growth (Germany)

    29 February 2012

    HOCHTIEF, one of the leading international providers of construction-related services, releases 2011 Annual Report marked by negative nonrecurring items, but also by operational strength. Inherited issues put pressure on earnings thus a consolidated net loss of EUR 160 million is reported. However, order backlog and work done exceed levels of record year 2010. Estimations for […]

  • Watchdog grills Statoil over risky accommodation camp use

    10 July 2014

    The Petroleum Safety Authority Norway (PSA) has issued Statoil Petroleum AS (Statoil) with an order in connection with the use of an accommodation camp at Melkøya during planned shutdowns at Hammerfest LNG.

  • Singapore: PPL Shipyard Bags $ 417 Mln Order for Two Jack-Ups

    18 March 2013

    Sembcorp Marine’s subsidiary PPL Shipyard has secured orders for two turnkey contracts with a combined value of US$417 million for the construction of two units of jack-up rigs from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (Oro Negro).  Scheduled for delivery at the end of the fourth quarter of 2014 and […]

  • Singapore: PPL Shipyard Secures Jack-Up Rigs Order from Oro Negro

    18 March 2013
    Business & Finance

    Sembcorp Marine’s subsidiary PPL Shipyard has secured orders for two turnkey contracts with a combined value of US$417 million for the construction of two units of jack-up rigs from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (“Oro Negro”). Scheduled for delivery at end of the fourth quarter of 2014 and end […]

  • USACE Returns to Ocean City This Fall, Mayor Says

    11 July 2017
    Business & Finance

    The north end beach replenishment project in Ocean City, NJ, is a year ahead of schedule, Mayor Jay Gillian said in his latest announcement. “I am happy to announce that the Army Corps of Engineers will return to Ocean City this fall to rebuild our north end beaches. The project comes at no cost to […]

  • Seacat Magic Makes a Splash

    12 February 2016

    UK-based boat builder South Boats IOW Ltd has launched the 23m catamaran Seacat Magic ordered by the compatriot offshore energy crew transfer vessel operator Seacat Services back in February 2015. Seacat Sevices placed the GBP 6 million order for the construction of two identical, DNV-GL class-certified catamarans. Seacat Magic’s sister vessel, Seacat Mischief, was delivered to Seacat Services in late […]

  • Navig8 Adds Two Bulkers to Its Supra8 Pool

    17 June 2014
    Business & Finance

    HTC Alfa and HTC Delta, managed and owned by CE Line Holding – Hong Kong, China, have joined Navig8’s Supra8 Pool. HTC ALFA is a bulker registered in the Marshall Islands. The vessel was built by Sanfu Ship Engineering – Taizhou Jiangsu, China, in 2013. The vessel has the gross tonnage of 32987 T, DWT of 56,501 MT, […]

  • HOCHTIEF After Year of Transition: Way Clear for Growth (Germany)

    29 February 2012

    HOCHTIEF, one of the leading international providers of construction-related services, releases 2011 Annual Report marked by negative nonrecurring items, but also by operational strength. Inherited issues put pressure on earnings thus a consolidated net loss of EUR 160 million is reported. However, order backlog and work done exceed levels of record year 2010. Estimations for […]

  • Iberdrola Starts Engineering Phase of EUR 1.6 Billion Wikinger Offshore Windfarm in Germany

    13 June 2012

    IBERDROLA has announced it is commencing the detailed engineering phase of Wikinger, the company’s first offshore windfarm in Germany, with a view at starting operations on the €1.6billon project by 2016. UK based engineers, project managers and technicians from IBERDROLA’s Offshore Business Division, based in Glasgow and London will have a crucial role in the […]

  • ADES lifts profit, targets acquisitions

    19 March 2018
    Exploration & Production

    Egypt’s offshore and onshore driller ADES has posted an increase in full-year profit and is targeting acquisition opportunities.

  • Preparations Underway for Ocean City Sand Pumping Work

    5 October 2017
    Business & Finance, Equipment, Technology, Vessels

    The Ocean City team members participated in a pre-construction meeting last week to go over plans for an $11.5 million project to rebuild beaches at the northern end of the island, Mayor Jay Gillian said in its latest announcement. The work will add at least 930,000 cubic yards of sand between Seaspray Road and 12th Street and stockpile […]

  • WATCH: World’s largest offshore construction vessel takes former platform’s jacket out of North Sea as recycling time comes

    15 July 2024
    Business & Finance, Business Developments & Projects, Heavy lifting, Vessels

    Allseas has performed another removal task in the North Sea with its giant offshore construction vessel for Aker BP, a Norwegian oil and gas player.

  • Taiwan: MOEA to Award Incentives for Offshore Wind Energy

    31 August 2012
    Authorities & Government

    In order to speed up offshore wind farm development, and to promote green energy economics, Ministry of Economic Affairs (MOEA) has publicly announced the implementation of “The Incentive Program of Offshore Wind Power Demonstration System” on July 03, 2012, and officially declared to the world that Taiwan wind farm development has moved from onshore to […]

  • Sembcorp Receives Order for Two Jack-Up Rigs (Singapore)

    18 March 2013

    Sembcorp Marine’s subsidiary PPL Shipyard has secured orders for two turnkey contracts with a combined value of US$417 million for the construction of two units of jack-up rigs from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (“Oro Negro”). Scheduled for delivery at the end of the fourth quarter of 2014 and […]

  • UAE: Gulf Navigation Holding Signs Contract with Chinese Shipyard to Build Two VLCCs

    20 April 2011

    Gulf Navigation Holding, PJSC one of the ship-owners and maritime services company in the region, announced the signing of a contract with Zhoushan Jinhaiwan Shipyard Co. LTD of Shanghai to build 2 Very Large Crude Carriers (VLCC) for delivery in December 2012 and May 2013. The sister ships are 320,000 in deadweight and have a […]

  • Indonesian Port’s Expansion to Double Its Current Quantity of Intermodal Shipping

    9 March 2012

      North Jakarta’s Tanjung Priok port should be able to handle nearly double its current quantity of intermodal shipping containers when a Rp 17 trillion ($1.9 billion) revamp is completed by 2017, says Richard J. Lino, the president of state port operator Pelindo II. Once the project is completed, it may further reduce the number […]