10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Kvaerner Wins USD 1.4 bln EPC Contract for Edvard Grieg Topside (Norway)

    3 May 2012
    Business & Finance

    Kvaerner has received a letter of intent from Lundin Norway AS for engineering, procurement and construction (EPC) of the topside for the Edvard Grieg platform (formerly Luno). The estimated contract value is approximately NOK 8 billion (USD 1.4 billion), excluding options in the contract for offshore hook up and commissioning assistance. Most of the scope […]

  • Hess Names Six New Independent Directors, USA

    4 March 2013

    Hess Corporation announced several initiatives marking the culmination of its multi-year strategic transformation into a pure play exploration and production (E&P) company. The company also announced a slate of five highly qualified independent director nominees for election at this year’s Annual Meeting, and appointed an additional independent director who will stand for election at the […]

  • Coronavirus delays construction of world’s largest cruise ship

    20 July 2020
    Vessels

    The construction of the new Oasis-class cruise ship, Wonder of the Seas, by French shipbuilder Chantiers de l’Atlantique has been delayed due to the impact of the coronavirus pandemic on the shipbuilder’s operation, Royal Caribbean said in an update. The cruise major explained that the delivery of the ship is expected to take place once […]

  • Offshore energy: Short-term dip, long-term rise (Interview)

    14 April 2015

    Dutch bank Rabobank in March issued a report titled: “Offshore energy: Short-term dip, long-term rise” in which they provide an insight in the current market conditions and a forecast of what the future may hold for the global offshore oil and gas industry. Offshore Energy Today interviewed Richard Brakenhoff, who has worked as an industry analyst at Rabobank […]

  • EIA: FSRU’s preferred choice of smaller LNG markets

    27 April 2015

    Floating regasification is a flexible, cost-effective way to receive and process shipments of liquefied natural gas.

  • EIA: FSRU’s preferred choice of smaller LNG markets

    27 April 2015

    Floating regasification is a flexible, cost-effective way to receive and process shipments of liquefied natural gas.

  • Langlee Wave Power Announces Establishment of Spanish Subsidiary

    4 December 2012
    Business & Finance

    Langlee Wave Power announces the establishment of its Spanish subsidiary Langlee Wave Power S.L.U. It was established as a ZEC company in Las Palmas in 2012, with the purpose to move all the R&D activities of the Norwegian company to the island. Currently, it is employing one Canarian engineer and there is a plan to increase […]

  • 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.

  • KR and DMA to Cooperate on Certification of Danish Ships

    6 January 2014
    Business & Finance

    The Korean Register of Shipping (KR) and the Danish Maritime Authority (DMA) signed an agreement on 20th December, 2013 enabling the Korean classification society to survey and certify Danish ships. This brings the total number of countries where KR is authorised to carry out ship survey and certification work to 66. KR, in accordance with […]

  • CEDA Dredging Days 2015: Call for Papers in September

    13 August 2014
    Business & Finance, Equipment, Technology

    CEDA’s flagship conference and exhibition once again will take place in Rotterdam, the Netherlands in conjunction with the Europort 2015 maritime trade show. Scheduled for 5-6 November 2015 the conference will focus on modern day dredging and marine construction in and around ports. Topics will include: – Port expansion challenges and solutions; – Dealing with […]

  • Hurricane Energy makes Lancaster FID. First oil in 2019

    14 September 2017

    Hurricane Energy has taken the Final Investment Decision on the development of the Lancaster Early Production System in the UK sector of the North Sea. In an operational update on Thursday, the company said that Lancaster first oil was expected in the first half of 2019, following completion of the equity placing and convertible bond […]

  • WWF: Offshore drilling in Beaufort Sea ‘a huge risk’

    29 March 2018

    The WWF has warned of the negative impact of reopening the Beaufort Sea to offshore drilling following BOEM’s call for nominations for a proposed lease sale off Alaska.

  • EUROGATE Group: Growth in Net Profits (Germany)

    9 April 2014
    Business & Finance, Equipment, Technology

    In fiscal 2013, the EUROGATE Group successfully navigated the challenges that continue to be characterised by a difficult market and industry environment and increased group annual net profit by 13.3% to EUR 61.9 million. Container handling volumes once again exceeded the peak value of 14 million TEUs. With a rise of 7.3% year-on-year, the EUROGATE […]

  • Jan De Nul Confident for Year Ahead

    29 May 2018
    Business & Finance, Vessels

    Jan De Nul Group has just presented the company’s Annual Report 2017 with an overview of its activities and a financial report. According to the release, in 2017, JDN realised a turnover of 1,758 million euro. More important, the company reported continued and even increasing profitability of Jan De Nul Group’s activities. The EBITDA in 2017 […]

  • OPEC: Members to restore market stability during 2019

    18 March 2019

    OPEC’s Joint Ministerial Monitoring Committee members have pledged to restore market stability during a meeting in Azerbaijan.

  • Huntington Ingalls Cuts Steel for US Navy’s Next Aegis Destroyer

    12 September 2012
    Business & Finance

    Huntington Ingalls Industries has started fabrication on the U.S. Navy’s next Aegis guided missile destroyer, John Finn (DDG 113). The ship will be built at the company’s Ingalls Shipbuilding division and will be the 29th Arleigh Burke-class destroyer built at Ingalls. “This is a significant day for our company and for the U.S. Navy as […]

  • UK: AGR Declares Option Wells for WilPhoenix Semi-submersible Rig

    5 April 2011
    Business & Finance

      AGR Petroleum Services Limited has declared option wells numbered one, two and three of its contract with Awilco Drilling Limited for the Wilphoenix. These options represent the second, third and fourth wells of AGR’s multi well multi client 2011 drilling programme. The combined contract value for the declared option wells is approximately USD 22 […]

  • New York City to Become Home Port for NCL’s New Passenger Ship Norwegian Breakaway

    7 October 2011

    Mayor Michael R. Bloomberg and Norwegian Cruise Line​ CEO Kevin Sheehan announced that Norwegian Cruise Line’s new state-of-the-art 4,000 passenger ship, Norwegian Breakaway, will make New York City its year-round home port. Beginning in May 2013, Norwegian Breakaway—which will be the largest ship ever to home port in the City—will replace Norwegian Star, and embark […]

  • Tri Tool’s New Houston Facility to Serve Gulf Region

    18 March 2014
    Business & Finance

    Tri Tool Incorporated will be opening  a new 15,000 square foot office and warehouse location to better serve the Offshore and Onshore Pipeline Oil & Gas industries in the Gulf Region. On May 7th, Tri Tool will be hosting a grand opening event inviting Offshore Technology Conference (OTC) attendees to view the facility, live welding and […]

  • South Korea: HHI Delivers Very Large Crude Carrier DABA to OSC

    10 January 2012

    Oman Shipping Company on January 6th 2012 took delivery of one of their latest Very Large Crude Carrier (VLCC) the DABA. The VLCC DABA was built and delivered from Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South Korea. DABA has a 317,000 deadweight ton (DWT) capacity, featuring 333 m in length overall, 60 m in […]

  • Stena Line to Cut 350 More Jobs

    20 November 2014
    Business & Finance

    Sweden’s largest ferry operator Stena Line is continuing with job cuts to meet the company’s goal of improving the financial results by USD  176 million until 2016, Jesper Waltersson, Head of Corporate Communications at Stena Line told World Maritime News. Walterson said that Stena Line is aware of reports in media that it aims to cut staff by 800, but […]

  • 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 […]

  • Government Proposes More Funds for Petroleum Activities

    16 October 2013
    Business & Finance

    In the proposed national budget for 2014, the government calls for allocating a total of NOK 456.2 million to operating expenses, equipment procurement and maintenance in the Norwegian Petroleum Directorate (NPD). Operating expenses The proposal entails allocation of NOK 247.1 million to operating expenses next year. This is an increase of NOK 7.6 million compared […]

  • Downeast LNG submits pre-filing request with FERC

    24 July 2014

    Downeast LNG (DELNG) submitted its pre-filing request on July 23 with the Federal Energy Regulatory Commission (FERC) to develop an estimated $2 billion bi-directional LNG facility at its proposed location in Robbinston, Maine. The facility will be able to liquefy natural gas for export as LNG and regasify imported LNG, as the market requires. This latest […]

  • Kriegers Flak CGS Commissioning Rescheduled

    8 October 2018
    Storage

    The commissioning of the Kriegers Flak Combined Grid Solution (CGS) between Germany and Denmark has been delayed until May 2019.