10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Oman Shipping Company Confirms Order for LNG Carrier from HHI

    20 March 2012
    Business & Finance

      Oman Shipping Company S.A.O.C. (OSC), on March 19th, confirmed an order for a newbuild LNG Carrier, at Hyundai Heavy Industries Co., Ltd. (HHI), Ulsan, South Korea. The LNG Carrier, for delivery in 2014, will have a 162,000 cubic meter (CBM) capacity, and have dual fuel technology. Further the vessel will comply with European “Green […]

  • USA: Subsea 7’s Presence at OTC Bigger than Ever Before

    2 May 2011
    Business & Finance

    Subsea 7, will mark its new beginning to the global oil and gas industry at this year’s Offshore Technology Conference (OTC) in Houston, Texas, where its presence is bigger than ever before. Subsea 7 Inc. and Acergy S.A. merged in January this year, bringing together two very strong subsea companies to create a global leader […]

  • Fincantieri Secures MSC Cruises ”Renaissance” Gig

    23 December 2013

    MSC Cruises announced, Dec 20th, a multi-million euro programme that will involve all four of its Lirica class ships over the next two years. The almost €200 million”renaissance programme” has been commissioned from Fincantieri in Italy, and will be complete by 2015. The “renaissance” of MSC Armonia, MSC Lirica, MSC Sinfonia and MSC Opera will […]

  • DONG to Pump GBP 6 Billion into Humber Area by 2019

    18 November 2015
    Business & Finance, Operations & Maintenance, Research & Development, Storage, Technology

    Denmark-based offshore wind power developer DONG Energy plans to invest GBP 6 billion in the Humber region over the period of 2013 – 2019, according to a new report released during the UK’s first Offshore Wind Week. The report titled Impact of DONG Energy Investments in the Humber Area  shows that over the period 2015 – 2020, DONG […]

  • Asia Gas Congress 2013 to Be Held in Beijing

    23 November 2012

    CDMC events will be presenting the 9th Asia Gas Congress 2013 to be held in Beijing, China on May 9th-10th, 2013. 9th Asia Gas Congress 2013 is a must-attend event, which will help better understand the gas industry dynamics in the uncertain times. International Energy Agency sees world demand for natural gas could rise more […]

  • The Netherlands: Boskalis 2012 Net Profit Slightly Declines

    14 March 2013
    Business & Finance

    Royal Boskalis Westminster N.V. (Boskalis) achieved a record revenue of EUR 3.1 billion in 2012 (2011: EUR 2.8 billion). Net profit amounted to EUR 250 million, thus remaining virtually stable compared to 2011 (EUR 254 million). Despite the slight decline in net profit and a substantial increase in the number of outstanding shares as a […]

  • Tankers Lift Stolt-Nielsen

    1 October 2015
    Business & Finance

    Oslo-listed Stolt-Nielsen Limited reported USD 30.1 million net profit attributable to shareholders for the third quarter ended August 31, compared with a net profit of USD 14.6 million reported in the third quarter of 2014, mostly due to the company’s tanker segment – Stolt Tankers. Stolt reported revenue of USD 500.7 million in the third quarter of […]

  • Bahri in Clover

    23 October 2015
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the corresponding period from […]

  • Stampede platform in place. Production in 1H 2018

    3 August 2017

    U.S. oil firm Hess has installed the giant Stampede platform to its location in the U.S. Gulf of Mexico in preparation for the first oil in 2018. Discovered in 2005, Stampede is located 115 miles south of Fourchon, La., in the Gulf of Mexico. The field has total estimated recoverable resources in excess of 300 million […]

  • TGS optimistic about long-term prospects. Boosts 4Q profit

    8 February 2018

    At some stage oil companies need to increase exploration efforts in order to meet the continued growth in demand

  • Yang Ming Adds Five More Boxships to the Tally

    11 September 2015
    Business & Finance

    Taiwanese container shipping company Yang Ming Marine Transport has returned to Japanese builder Imabari Shipbuilding with an order for five more 14,000 TEU containerships. The five newbuilds are slated for delivery in 2018 and 2019 and will be chartered out to Japanese liner company Shoei Kisen Kaisha, Ltd. The order is priced at USD 625 million, with Yang […]

  • Seacat Services Orders Two 24m Catamarans

    2 February 2015

    Seacat Services, an offshore energy crew transfer vessel operator, has placed an order worth £6 million with local boat builder South Boats IOW for two DNV-GL class-certified next generation 24m catamarans as it looks to bolster its fleet ahead of the next phase of European offshore wind construction. While new construction is set to slow […]

  • “Our Oceans Challenge” Competition Launched

    25 June 2014
    Business & Finance, Equipment, Technology

    The World Ocean Council (WOC) is part of a growing coalition of maritime leadership companies, industry organizations and knowledge institutes that has launched “Our Oceans Challenge” – a competition for innovation and solutions to address key issues affecting responsible ocean industry operations. One of the newest WOC members, Heerema Marine Contractors, has catalyzed “Our Oceans […]

  • POSCO Provides Steel for World’s Largest FPSO

    25 February 2013
    Business & Finance

    POSCO has accelerated in preoccupying the energy steel market that is the future new growth engine. It has successfully won an order for supplying 88,000 tons of 11 types of thick plate steel for FPSO (Floating Production Storage and Offloading), which is one of the world’s largest oil prospecting ships that Daewoo Shipbuilding Marine & […]

  • VIDEO: ‘Our Oceans Challenge’ Competition

    25 June 2014
    Business & Finance, Equipment, Research & Development

    The World Ocean Council (WOC) is part of a growing coalition of maritime leadership companies, industry organizations and knowledge institutes that has launched “Our Oceans Challenge”, a competition for innovation and solutions to address key issues affecting responsible ocean industry operations. One of the newest WOC members, Heerema Marine Contractors, has catalyzed Our Oceans Challenge (OOC), […]

  • CGG to Acquire Large Seismic Survey for Pemex in Gulf of Mexico

    7 November 2013
    Business & Finance, Operations & Maintenance

    CGG announced that it has been selected to acquire a large high-end seismic acquisition survey in the Mexican waters of the Gulf of Mexico on behalf of Pemex. The survey is phase 5 in Pemex’s Centauro program, the largest ever proprietary 3D wide-azimuth program to be conducted worldwide. Phase 5 will add another 6,850 km2 […]

  • Denmark: Vestas’ V164 Platform Increases Capacity to 8 MW

    3 October 2012
    Human Capital

    The V164 platform was from the very beginning developed with a possible potential of increasing the turbine size. The progress in the technology development has now shown that an 8 MW version will offer lower cost of energy and at the same time keep the reliability and structural integrity of the turbine unchanged. The balance […]

  • Norway: Johan Sverdrup Production Starts in Late 2018

    10 May 2012

    The licensees of Norway’s Johan Sverdrup discovery will select a development concept in the fourth quarter of 2013, and aim to start production in the last three months of 2018. With a forecast producing life of more than 30 years, the production time frame for this North Sea find extends to 2050. A plan for […]

  • Creative and flexible funding for offshore contractors

    1 October 2014

    The global energy sector operates in a highly dynamic and competitive business environment. The total offshore capital expenditures of oil and gas companies are expected to exceed USD 270bn year-on-year by 2018,  Cornelie Goedhuis, Global Head – Natural Resources, ING Bank, says.   “So while the size and complexity of offshore projects are growing, raising […]

  • Bahri in Clover

    23 October 2015
    Business & Finance

    The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the corresponding period from […]

  • Bluerise keeps overfunding flow

    6 November 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Dutch ocean thermal energy conversion (OTEC) projects developer Bluerise has decided to increase the target for its ongoing crowdfunding campaign once again, after securing €500,000 two weeks before the campaign closes.

  • Seacat Services Orders Two 24m Catamarans

    2 February 2015

    Seacat Services, an offshore energy crew transfer vessel operator, has placed an order worth £6 million with local boat builder South Boats IOW for two DNV-GL class-certified next generation 24m catamarans as it looks to bolster its fleet ahead of the next phase of European offshore wind construction. While new construction is set to slow […]

  • Shelf Drilling: Jack-up utilization rising, dayrates historically low

    14 November 2018
    Exploration & Production

    Jack-up rig specialist Shelf Drilling expects rig utilization to further increase in 2019, but the CEO has acknowledged the dayrates have yet to pick up.

  • China Diversifying Its Shipping Business Model

    23 February 2015

    The Chinese business model for the shipping industry has seen a slight diversification over the recent period as the country’s new premier backs private commercial initiatives. This is particularly evident as the gradual relaxation of state control in some areas paves way for Very Large Crude Carries (VLCCs) being fixed out in the international market, shipbroking […]

  • Brownley Announces $12.3M for Ventura County Projects

    22 June 2018
    Business & Finance

    Congresswoman Julia Brownley yesterday announced more than $12.3 million in new federal funding for U.S. Army Corps of Engineers projects in Ventura County at Channel Islands Harbor, Ventura Harbor, and the Port of Hueneme. “I have long fought alongside our local leaders for additional funds for Ventura County’s port and harbors, and I am pleased […]