10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • MOG’s Production Down Due to Guendalina Results

    27 January 2014
    Business & Finance, Project & Tenders

    The Board of Mediterranean Oil & Gas Plc announces the following operational update for the 3 month period ended 31 December 2013. MOG’s total net production for Q4 2013 was 4.24 MMscm (equivalent to 0.15 Bcf, or 26,980 boe). This represents average net production of 46,133 scm per day or 293 boe per day during […]

  • 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 […]

  • Commonwealth LNG given positive recommendation from US Coast Guard

    3 April 2019
    Ports & Logistics

    The US Coast Guard has provided a letter of recommendation to FERC on the Calcasieu Ship Channel’s suitability to support LNG marine traffic from the proposed Commonwealth LNG project.

  • VIDEO: Maersk Oil’s Culzean CPF jacket en route to North Sea

    6 July 2017
    Project & Tenders

    Danish oil company Maersk Oil has informed that Culzean’s 8,540 tonne central processing facility (CPF) jacket has started its journey across the North Sea. The CPF jacket for Maersk Oil-operated Culzean gas development in the UK sector of the North Sea was built by Heerema Fabrication Group’s Vlissingen yard in The Netherlands. It was loaded […]

  • Otto Secures Loan for Galoc Phase II (Philippines)

    21 December 2012

    Otto Energy Ltd , the 33%-owner and operator of the producing Galoc oil field joint venture offshore the Philippines, has provided the following update in relation to the Galoc Phase II development. Execution of Financing Facility Agreement Otto has entered into a binding agreement with BNP Paribas to provide US$37.4 million in project financing for […]

  • GTT Upgrades Its Membrane Technologies

    28 March 2014
    Equipment

    At its 4th Innovation & Technology seminar, held on March 28th at the end of Gastech, the gas technology conference and exhibition held in Seoul, Korea, GTT presented the new Mark V & NO 96 Max systems and a new training center, expanding the group’s range of services for the LNG transportation and storage sector. […]

  • ESCO Marine Wins Contract for Saratoga’s Scrapping

    9 May 2014
    Business & Finance

    The U.S. Navy competitively awarded a contract to ESCO Marine of Brownsville, Texas, for the towing, dismantling and recycling of conventionally powered aircraft carriers stricken from service, May 8. Under the contract, the company was awarded $0.01 for the dismantling and recycling of the decommissioned aircraft carrier Saratoga (CV 60). The price reflects the net […]

  • GasLog posts higher Q2 revenue

    4 August 2016

    Monaco-based LNG shipper GaLog posted higher revenue in the second quarter boosted by more operating days and new LNG tanker additions to its fleet. Revenue stood at $114.5 million in the second quarter this year as compared to $104.4 million for the year-ago quarter, GasLog said in its results report on Thursday. This was mainly due […]

  • Vattenfall Ready to Build Danish Record-Breaker

    2 June 2016
    Business & Finance

    Swedish state-owned energy company Vattenfall is about to start the construction of the 400MW Horns Rev 3 offshore wind farm off the west coast of Denmark, which once commissioned in 2018 will be the largest offshore wind farm in Danish waters. The total investment into the project will be just over EUR 1 billion, Vattenfall said. The wind farm […]

  • PHOTO: DLV 2000 Heads for Final Paint Job

    9 December 2015
    Business & Finance

    McDermott’s Derrick Lay Vessel 2000 (DLV 2000) was spotted heading to the graving dock for a final coat of paint in preparation for its delivery in the first quarter of 2016. The DLV 2000, a 184 meters long and 38.6 meters wide combination heavy lift deepwater S-Lay pipelay vessel with 2,000-tonne crane, was ordered from Keppel Singmarine […]

  • Transocean lands 22-well contract with Statoil

    21 December 2017
    Business & Finance, Exploration & Production

    Offshore driller Transocean has been awarded a contract for the harsh environment semi-submersible rig Transocean Spitsbergen by Statoil. According to Transocean’s statement on Thursday, the rig has received a 22-well contract with an estimated duration of 33 months; plus two one-well options in the Norwegian North Sea. The estimated firm backlog associated with the contract is approximately $286 […]

  • DW: Substantial reserves can be developed when oil market recovers

    28 November 2016

    E&P deepwater exploration and appraisal activity has dramatically declined and, in line with falling E&A activity, Reserve Replacement Ratios (RRRs) have been declining for the majority of major E&P companies, Douglas-Westwood, an energy intelligence group, said in its DW Monday report.  This week, DW highlighted some of the positive newsflow from offshore E&A activity in […]

  • Italy: Costa Concordia Wreck Removal Engineering Plan Presented

    15 August 2012
    Business & Finance, Operations & Maintenance

    The Italian-American Consortium, TITAN/Micoperi, presented the detailed engineering and design plan for the removal of the wreck Costa Concordia to representatives from Osservatorio during a regularly scheduled meeting on Monday. The presentation confirmed the previously presented and shared phases of the plan. Activities in recent months have focused on the testing of the various technologies […]

  • Hull Uni Assesses Green Port, Siemens Gamesa Impact

    5 December 2017
    Business & Finance, Human Capital, Ports & Logistics

    The University of Hull presented its findings on the impact of Green Port Hull One at an event yesterday, 4 December, a year after Siemens Gamesa opened the blade manufacturing facility at Alexandra Dock.

  • Moscow to Host LNG Congress Russia 2014

    19 December 2013

    On 13-14 March 2014, Moscow will host the LNG Congress Russia 2014, the first international event dedicated to the development of the Russian gas industry. The event will attract 250+ senior decision makers across the LNG market from Russia, CIS and the Baltics, including the Russian government, leading industry experts and technology providers, banks and […]

  • Panama Canal Expansion: New Gates Arrive

    11 June 2014
    Business & Finance, Equipment, Technology

    In another step forward for the Panama Canal Expansion Program, the second shipment of four rolling gates for the Third Set of Locks arrived yesterday from port of Trieste, Italy, to the waterway’s Atlantic side on board the semi-submersible vessel STX Sun Rise. “This is another milestone as it completes half of the 16 gates […]

  • Hochtief Reports 3Q Net Profit of EUR 98.7 Million (Germany)

    16 November 2011
    Business & Finance

    HOCHTIEF’s operating business performed as planned in the third quarter of 2011: The Group is in the black, with profit before taxes of EUR 333.0 million and consolidated net profit of EUR 98.7 million. That means HOCHTIEF achieved turnaround in the operating business, although it has not yet fully made good the loss incurred in […]

  • Hull Uni Assesses Green Port, Siemens Gamesa Impact

    5 December 2017
    Business & Finance, Human Capital, Ports & Logistics

    The University of Hull presented its findings on the impact of Green Port Hull One at an event yesterday, 4 December, a year after Siemens Gamesa opened the blade manufacturing facility at Alexandra Dock.

  • Dana Gas secures Zora project funds

    9 September 2014

    Dana Gas, has secured, through its wholly owned subsidiary Dana Gas Explorations FZE, a US$ 100 million Term Facility for the Zora field development project. This facility will contribute the debt component of the financing needed to complete the project and bring the Zora gas field on-stream.The credit facility, with Emirates Bank NBD Capital Limited […]

  • FMC Technologies to Be Recognized with OTC Awards (USA)

    3 May 2013
    Business & Finance

    FMC Technologies, Inc. announced that it will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of two Spotlight on New Technology Awards. The awards, which honor innovative technologies that significantly impact offshore exploration and production, are in recognition of FMC Technologies’ subsea boosting system developed in cooperation with Sulzer Pumps […]

  • 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 […]

  • 4.9 GW of Offshore Wind Capacity Under Construction in Europe

    14 July 2014

    The European Wind Energy Association released a report on the European offshore wind industry’s key trends and statistics 1st half 2014. “Despite offshore wind power installations being lower than in the first six months of last year, it remains the fastest growing power sector in Europe” said Justin Wilkes, Deputy Chief Executive Officer at EWEA. […]

  • 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, […]

  • Sierra Leone: Sunergy Announces Positive Financial Results

    30 December 2011

    Sunergy Inc has announced positive financial results in 2010: During 2010 the Company nearly doubled its Assets from $1,000,054 to $1,903,002, largely through the completion of Allied Mining and Supply ($753,497) and its 140.1 sq.km. Gold, Diamond and Rare Earth Pampana River Concession in Sierra Leone, West Africa. – Finalized the debt settlement ($664,402) on […]

  • Another Milestone for Panama Canal Expansion Program

    11 June 2014
    Business & Finance

    In another step forward for the Panama Canal Expansion Program, the second shipment of four rolling gates for the Third Set of Locks arrived yesterday from port of Trieste, Italy to the waterway’s Atlantic side on board the semi-submersible vessel STX Sun Rise. “This is another milestone as it completes half of the 16 gates […]