10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • NordLB Increases Risk Provisioning for Ship Finance

    24 November 2016
    Business & Finance

    Due to a further increase in risk provisioning for ship finance, the German shipping bank Norddeutsche Landesbank (Nord/LB) concluded the first nine months of financial year 2016 with a consolidated loss before taxes of EUR 624 million (USD 659.3 million). Namely, the bank is reacting to the further intensification of the global shipping crisis over the course […]

  • Grandweld Delivers Service Boat to Kuwait Oil Tanker Company (UAE)

    12 November 2012

    Grandweld delivered the first of two 21.3 Aluminum Fast Service Boats to Kuwait Oil Tanker Company. A special delivery and acceptance ceremony was held at KOTC head office on October 31, 2012. The contract was signed in November 2011 to design and deliver two 21.3 Aluminum service boats. The vessel is powered by twin Hamilton […]

  • G2X Energy Plans USD 1.3 Billion Gas Facility near Trunkline LNG (USA)

    18 January 2013

    Governor Bobby Jindal praised G2X Energy Inc.’s plans for a $1.3 billion natural gas-to-gasoline facility at The Port of Lake Charles in Southwest Louisiana. The Calcasieu Parish project would create 243 new direct jobs averaging $66,500 per year, plus benefits. LED estimates the project also would result in 748 new indirect jobs, for a total […]

  • Lundin sees increase in reserves and contingent resources

    14 January 2019

    Lundin Petroleum has identified an increase in reserves and contingent resources at the end of 2018, mostly due to reserves additions from the Johan Sverdrup and Edvard Grieg as well as from the Alvheim area.

  • DNV GL: Skills Crisis Is a Major Concern for North Sea Operators in 2014

    20 January 2014

    New DNV GL research reveals industry hampered by skills shortages and rising costs. The North Sea and Norway have become less attractive as investment destinations in 2014, according to oil and gas professionals surveyed in a new report released today by DNV GL, the leading technical advisor to the oil and gas industry. According to […]

  • TechX to Fund New UK North Sea O&G Solutions

    7 December 2017
    Business & Finance, Equipment, Project & Tenders, Research & Development

    The Oil & Gas Technology Centre (OGTC) is investing in the next generation of innovators and entrepreneurs with aim to unlock the full potential of the UK North Sea. The Centre has launched a technology accelerator and incubator – TechX – focused on helping smaller, ambitious technology developers take their solutions to the oil and […]

  • Canada: Antrim Releases 2013 First Quarter Financial and Operational Results

    15 May 2013
    Business & Finance, Operations & Maintenance

    Antrim Energy Inc. (“Antrim” or “the Company”), an international oil and gas exploration and production company, reported its financial and operational results for the three month period ended March 31, 2013. All financial figures are unaudited and in US dollars unless otherwise noted. HIGHLIGHTS: – Causeway production rates average gross 3,336 bbls/day (net 976 bbls/day) […]

  • Peritus to Lead Middle East to India Pipeline Project

    18 October 2011
    Business & Finance, Operations & Maintenance

      Peritus International Ltd has been retained by SAGE to act as overall project management and pipeline design consultants for the planned Middle East to India Deepwater Pipeline (MEIDP), which will be the first of many in a corridor of pipelines that will form the final leg of a major energy supply route linking the […]

  • OTE Hires Blueshirt Group for PR and Investor Relations

    11 September 2014
    Business & Finance

    Ocean Thermal Energy Corporation, a turnkey supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide, has engaged The Blueshirt Group to assist OTE in developing its communication and investor outreach program with the financial community and media. “We are pleased to partner with The Blueshirt Group to help us expand […]

  • Calumet Outer Harbor Dredging About to Begin

    7 August 2017
    Business & Finance

    The U.S. Army Corps of Engineers, Chicago District, has just announced that in order to achieve the authorized project depth in the Calumet Outer Harbor, bedrock will be removed starting on August 10, 2017 through July 2018. The Corps awarded the $6.05 million contract to Roen Salvage Company of Sturgeon Bay, Wis., on September 30, […]

  • Klaipedos Nafta to acquire FSRU Independence from Hoegh LNG

    4 February 2022
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Vessels

    Lithuanian LNG terminal operator Klaipedos Nafta will acquire the FSRU Independence from Hoegh LNG at the end of its lease agreement.

  • Fluxys Belgium profit drops despite LNG terminal activity spike

    28 March 2019

    Fluxys Belgium, the operator of the Zeebrugge LNG terminal on Wednesday reported a drop in net profit for the year 2018 despite high terminal activity.

  • USA: Boxer, Shuster Selected for AAPA’s 2014 “Port Person of the Year”

    22 January 2014
    Business & Finance, Equipment, Technology

    U.S. Sen. Barbara Boxer (D-CA) and U.S. Rep. Bill Shuster (R-PA) have been jointly selected to receive the American Association of Port Authorities’ (AAPA) 2014 “Port Person of the Year” award. The bi-partisan nomination for AAPA’s most prestigious annual award was submitted by the California Association of Port Authorities (CAPA). Marking its 102nd year as […]

  • Buoyant Vestas Plans EUR 50 Million Blade Factory in India

    5 November 2015
    Business & Finance, Operations & Maintenance, Technology

    Denmark’s Vestas is planning to build a new blade manufacturing facility in India and is expecting up to EUR 1 billion more in revenue in 2015 after posting encouraging operating results for the quarter ended September 30. The construction of the new factory will start in 2016, and the project is expected to cost around EUR 50 million, Bloomberg […]

  • PHOTO: Culzean CPF Jacket Lands on Seabed

    12 July 2017
    Equipment

    The jacket for the central processing facility (CPF) on the Culzean field, located in the British sector of the North Sea, has been installed, Maersk Oil informed. It follows the installation of the wellhead platform jacket  set up in May 2016. The CPF jacket, set sail from Heerema Fabrication Group’s Vlissingen facility on June 28. The deepwater […]

  • OES: Progress on open sea testing

    22 April 2016
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Ocean Energy Systems (OES) has issued the Annual Report for 2015 that presents an overview of the activities undertaken within OES in 2015. Take a look at the list of some of OES member countries’ progress related to open sea testing infrastructure.

  • The Netherlands: High Energy Prices Drive Shell Earnings Up

    28 July 2011

    Royal Dutch Shell’s second quarter 2011 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $8.0 billion compared with $4.5 billion the same quarter a year ago. Basic CCS earnings per share increased by 74% versus the second quarter of 2010. Second quarter 2011 CCS earnings, excluding identified items (see page […]

  • UK: FLEX LNG Issues New Shares to Members of BoD

    17 February 2012

    FLEX LNG said that the Board of Directors of the company has resolved to issue 280,761 new shares to the members of the Board of Directors post the 2011 ASM to 31 December 2011, as part of their remuneration for that period. The shares will be issued and registered as soon as possible, FLEX LNG […]

  • Inpex: Ichthys production to be delayed, but increased

    11 September 2015

    The giant Ichthys gas field development offshore Australia is facing delays, but once online it will have a bigger than originally expected production capacity. According to Inpex, a Japanese company operating the field development, production from the Ichthys offshore field, originally expected to start toward the end of December 2016, is now expected to start between […]

  • Ireland: DCNS Takes Part in International Conference on Ocean Energy

    18 October 2012

    DCNS participates in the 4th International Conference on Ocean Energy. This conference gathered global industry and academic experts in marine renewable energy. They share on this growing new industry. DCNS, a world leader in naval defence and an innovative player in energy, showcases its developments in the emerging world market of ocean energy, in which […]

  • IntercontinentalExchange to Launch LNG Cleared Swap on Japan Korea Marker

    1 June 2012

    IntercontinentalExchange (ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced it will launch a new liquefied natural gas (LNG) cleared swap contract based on the Platts daily assessment for the Japan/Korea Marker (JKM). The Platts JKM, introduced in 2009, reflects the daily open-market value of spot LNG […]

  • USA: Antero pens gas supply deal with Chubu

    14 October 2015
    Project & Tenders

    Antero Resources informed it has executed a 10 year agreement to sell 70,000 mmBtu/day of natural gas to Chubu US Gas Trading, a unit of Chubu Electric Power Company, through the Freeport LNG terminal in Freeport, Texas.

  • USA: Fishermen’s Energy Welcomes ITC Extension

    4 January 2013
    Authorities & Government, Business & Finance

    Fishermen’s Energy welcomes the news that Congress has extended the Investment Tax Credit (“ITC”). “The announcement of an Investment Tax Credit (“ITC”) extension, coupled with the recent Department of Energy award to Fishermen’s Energy, will allow New Jersey to capture the economic benefits of offshore wind at a significantly lower cost” commented Rhonda Jackson, Communications […]

  • Army Corps: Chico, Gerber Area Levees Don’t Meet Standards (USA)

    30 October 2012
    Business & Finance

    Inspections by the U.S. Army Corps of Engineers Sacramento District found that 33 miles of levees near Chico and Gerber do not meet Corps operation and maintenance standards. The Sacramento District conducted a periodic inspection of nine levee systems on Mud, Sycamore and Dry Creeks near Chico in December 2010 and Elder Creek near Gerber […]

  • Klaveness Delivers Profit in 2018

    26 March 2019
    Business & Finance

    Torvald Klaveness manages to improve its financial performance in 2018.