10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Fleet Expansion Pushes Ocean Yield’s Revenue Up

    3 November 2017
    Business & Finance

    Although the Norwegian shipowner Ocean Yield saw a rise in its revenue for the three months ended September 30, 2017, the company’s net profit was slightly down in the period. Namely, Ocean Yield’s revenue and other income for the three-month period increased to USD 88.8 million from USD 76.2 million seen in the third quarter of 2016. […]

  • Dana Gas gets $100M for Zora gas field

    9 September 2014
    Project & Tenders

    Dana Gas, the Middle East’s leading regional private sector natural gas Company, 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 […]

  • Aje FPSO en route to Nigeria. First oil expected in March

    4 February 2016
    Project & Tenders

    Panoro Energy, an independent exploration and production company, has informed that the floating production, storage and offloading vessel (FPSO) for the Aje field, is on its way to its location offshore Nigeria.  To remind, the Aje Field Development Plan was approved in March 2014 and the Final Investment Decision for the project was made in October […]

  • Teekay LNG Nets USD 327 Mn of Financing

    9 November 2017
    Business & Finance

    Teekay LNG Partners has secured a USD 327 million long-term debt facility to finance a Floating Storage Unit (FSU), the company said. The FSU in question is intended to be chartered on a 20-year charter contract to the Bahrain regasification project commencing in the third quarter of 2018. In addition, the financing will be used […]

  • Revision of Dredging Works on Marina Wharves to Start in October (Singapore)

    21 September 2010

    Maritime and Port Authority of Singapore announces a revision of dredging working area and working period at Marina Wharves, with effect from 01 Oct 2010 to 31 Mar 2011. The construction work will entail piling and construction of a sea wall.

  • 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 […]

  • NRFCC Business Plan for 2017/18

    21 August 2017
    Business & Finance

    Northumbria Regional Flood and Coastal Committee has launched it’s business plan for 2017/18. The group will oversee spending of almost £22 million to protect hundreds of homes across the north east as it sets out its objectives for the next year. The NRFCC plan for 2017/18 will include continued work at Greatham in Hartlepool, Killingworth […]

  • U.S. Offshore WIND Act Back on the Table

    12 May 2017
    Authorities & Government, Business & Finance

    U.S. Democratic Senators Edward Markey, Sheldon Whitehouse, and Congressman Jim Langevin have reintroduced legislation that would extend tax credits for the offshore wind industry beyond 2019.

  • Norway: Frontline Ltd Successfully Completes Restructuring

    2 January 2012

    The restructuring of Frontline Ltd has been successfully completed. The major part of the restructuring consists of the following elements: Frontline has completed the sale of five VLCC newbuilding contracts, six modern VLCCs including one time charter agreement and four modern Suezmax tankers to Frontline 2012 Ltd. “Frontline 2012” at fair market value of $1,121 […]

  • COSL to Publish Interim Results 2011 (China)

    17 August 2011
    Business & Finance, Operations & Maintenance

    China Oilfield Services Limited “COSL” or the “Company”, will publish Company’s Interim Results 2011 on an analyst presentation on 24 August 2011 Wednesday. COSL is the leading integrated oilfield services provider in the offshore China market. Its services cover each phase of offshore oil and gas exploration, development and production. Its four core business segments are […]

  • 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 […]

  • 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) […]

  • 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 […]

  • 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 […]

  • NSW Budget Identifies 651 Major Infrastructure Projects

    24 June 2014
    Business & Finance

    New South Wales’ ambitious infrastructure program is running at unprecedented levels as the government works to rebuild the State.  Funding for this program is primarily secured from the State Budget, which has been refocused to sustainably support the Government’s infrastructure commitments and improve frontline services, while maintaining NSW’s triple-A credit rating. The State-funded infrastructure program […]

  • 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.

  • Giant Kiewit-built structure en route to Cenovus’ project off Newfoundland

    13 June 2025
    Business Developments & Projects, Infrastructure

    Topsides for an offshore platform operated by Canada’s oil and gas company Cenovus Energy have begun their journey from Kiewit’s facility in Texas to their destination offshore Newfoundland.

  • MISC Revenue Down in 2013

    14 February 2014

    MISC said its revenue for the quarter ended 31 December 2013 of RM2,141.9 million was 7.2% lower than the RM2,306.9 million revenue of the corresponding quarter. This was attributed to the lower value of progress claims from projects that are nearing completion in heavy engineering business and a smaller fleet of operating vessels in the […]

  • 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 […]

  • DNV GL’s Carl Arne Carlsen Recognized with OTC’s Achievement Award

    5 May 2014
    Business & Finance

    DNV GL’s Dr. Carl Arne Carlsen was recognized with a Distinguished Individual Achievement Award at the Annual OTC Dinner on Sunday, May 4. The award is in recognition of his “outstanding, significant and unique achievements, and extensive contributions” to the offshore industry. Carl Arne Carlsen’s career highlights coincide with major developments in the offshore industry, […]

  • USA: Galveston District Dredging Conference Approaches

    27 September 2012
    Business & Finance

    On Tuesday and Wednesday, 23 & 24 October 2012, the Galveston District will host its 2012 Dredging Conference. Fiscal years 2013/14 proposed dredging and planning schedules will be presented to various federal and state agencies, as well as representatives of the dredging industry and local sponsors involved in the USACE Galveston dredging program. The conference […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]