10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Nigeria: Lekki Port Signs EPC Contract with CHEC

    18 May 2012
    Business & Finance

    China Harbour and Lekki Port Company formally signed the Contract on Lekki Deepwater Port EPC Project of Nigeria in Singapore on May 11, 2012. CHEC vice president, Lin Yichong attended the meeting and signed on the contract on behalf of the contractor. The value of the contract of Phase I project is around USD 679 […]

  • TORM to Finalize Its Restructuring by Mid-July

    26 June 2015
    Business & Finance

    Danish shipping company TORM said on Thursday it expects to wrap up its restructuring by mid-July. The announcement comes following the restructuring scheme’s approval under each of its four loan facilities by the company’s lenders at the Scheme meetings held yesterday. TORM said it will now apply for the scheme to be sanctioned by the High […]

  • PRPA Figures Indicate Continued Growth

    30 April 2015
    Business & Finance

    Following on the heels of an excellent 2014, where the facilities of the Philadelphia Regional Port Authority (PRPA) experienced their fifth consecutive year of double-digit growth, recently-compiled cargo figures for the first-quarter of this year indicate that an equally or even more impressive 2015 is a very strong likelihood for the Port of Philadelphia. In […]

  • Nigeria: CHEC Lands Lekki Port Contract

    18 May 2012

    China Harbour and Lekki Port Company formally signed the Contract on Lekki Deepwater Port EPC Project of Nigeria in Singapore on May 11, 2012. CHEC vice president, Lin Yichong attended the meeting and signed on the contract on behalf of the contractor. The value of the contract of Phase I project is around USD 679 […]

  • 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 […]

  • Bluewater reports loss in 1Q 2014

    25 April 2014
    Business & Finance

    Bluewater group today reported that the net loss after tax for the first quarter of 2014 was U.S.$(3.3) million compared to a profit of U.S.$12.4 million for the first quarter of 2013. EBITDA for the for the first quarter of 2014 was U.S.$40.0 million compared  to U.S.$51.3 million for the first quarter of 2013. The […]

  • Petrobras Still a Male Company but Women Can Get to the Top, CEO Says

    9 May 2013

    Women can get to the top. In order for this to happen, growth should be a step by step process, along with experience and personal and professional maturity. This was one of the opinions given by Petrobras CEO, Maria das Graças Silva Foster, during the event called “Wise: Women in the Industry Sharing Experiences”, which […]

  • Mumbai Ports Development Conference Starts This Month

    12 January 2017
    Business & Finance

    The fourteenth annual conference on ‘Ports in India’ named ‘Progress, Potential & the Way Forward’ will take place on January 23-24, 2017, at The ITC Maratha, Mumbai. The mission of this conference is to provide an update on the key trends and developments in the sector, examine recent policy initiatives, highlight the opportunities in the […]

  • Kvaerner lands decommissioning gig with Shell

    10 August 2017
    Business & Finance

    Norwegian engineering and construction services company Kvaerner has been awarded a contract with Shell for the disposal and demolition of the subsea compression pilot at Nyhamna in Norway.  The onshore Nyhamna facility processes gas from the Shell-operated Ormen Lange field located 140 km north-west of Kristiansund, in the Norwegian Sea. The gas from the field arrives onshore at the Nyhamna […]

  • Kosmos shaves off $50 million of its capital budget

    7 August 2017
    Business & Finance

    U.S. oil company Kosmos Energy tightened its net loss and tripled oil revenues during the second quarter 2017. The company has decided to once again reduce its capex for the year by $50 million.  According to its financial report on Monday, the company generated a net loss of $8.5 million for the second quarter of 2017, as compared […]

  • Lower Margins and Oil Price Decline Push Fincantieri into Red

    11 November 2015
    Business & Finance

    Italian shipbuilding conglomerate Fincantieri posted a loss of EUR 96 million (USD 103 million) for the nine months ending September 30, 2015, against a profit of 42 million recorded in the corresponding period last year. Fincantieri said in its results that the result would have been a loss of EUR 73 million, against EUR 67 million […]

  • 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 […]

  • Nano Corrosion Passivation for Maritime Purposes

    27 November 2017

    By Rob van Hoorn CTO at nC Marine What happened so far: At the beginning of 2012, Dutch shipping companies were looking for cost effective methods to stop corrosion within their vessels, without losing time on (sand)blasting, cure time or drydocking. A team of Dutch-based chemists, nano- and corrosion specialists lead by Rob van Hoorn […]

  • Japan: Tokyo Gas May Sales Slightly Up

    14 June 2012

    Total gas sales volume by Tokyo Gas of Japan, for the month of May 2012 came to about 1,037.962 million m3, slightly increased by 0.2% than that in May 2011. In the residential sector, volume totaled 286.241 million m3, up 3.0% from May 2011 while in the business sector (consisting of commercial, public, and medical […]

  • TAP Starts ESIA Submission Process in Greece

    7 June 2011

      The Trans Adriatic Pipeline (TAP) announced today that it has commenced its Environmental and Social Impact Assessment (ESIA) process in Greece. The submission of its Scoping Report to the Greek authorities comes after similar moves in Albania and Italy earlier this year and will follow the European Bank for Reconstruction and Development (EBRD) guidelines, […]

  • Picture of the Day: Hudson River Dredging (USA)

    19 June 2014
    Business & Finance, Equipment, Technology

    Around-the-clock dredging operations on the Hudson River commenced recently, and will continue through November in a 14-mile section of the Upper Hudson between Schuylerville and Stillwater, Saratoga County. Dredging began near Fort Edward, 40 miles north of Albany, in 2009, and GE’s contractors thus far have removed 70 percent of the total that the U.S. […]

  • ReCAAP: Maritime Crime Rampant in Asia

    21 October 2015
    Business & Finance

    A total of 161 incidents of piracy and armed robbery against ships had been reported in Asia during January-September 2015, a 25% increase compared to 129 incidents reported in the same period in 2014, according to a report by piracy watchdog ReCAAP ISC. Of these, 11 were piracy incidents and 150 were armed robberies against […]

  • MRE Pounces on CTV Duo

    8 April 2019

    Portland-based Manor Renewable Energy (MRE) Ltd. has purchased two crew transfer vessels (CTVs), the MPI Cervantes and MPI Cardenio, from Offshore Support Vessels BV for an undisclosed sum. Designed and built by South Boats in 2011 / 2012, the 17-metre vessels will be transported from Teesside to Portland in the coming two weeks, where they will be fully […]

  • FERC stops Kenai LNG environmental review

    13 April 2020
    Business Developments & Projects, Infrastructure, Ports & Logistics, Project & Tenders

    The Federal Energy Regulatory Commission is temporarily suspending an environmental assessment of a proposal to bring the closed Kenai LNG plant in Alaska back online as an import facility. FERC said on April 8 it would suspend the environmental review for the project until the U.S. Pipeline and Hazardous Materials Safety Administration performs an “equivalency […]

  • ASD Preps for Arctic Prowler Christening, USA

    20 September 2013

    The Alaska Longline Company’s newest fishing vessel, the F/VArctic Prowler, is set to be christened Oct. 5 at Alaska Ship and Drydock in Ketchikan, Alaska. The Prowler, a 136’ x 41’ x 26’ freezer longliner, was designed by Jensen Maritime Consultants of Seattle, WA. The F/V Arctic Prowler is the first vessel to be built […]

  • Clarksons Sees Profit Hike

    17 August 2015
    Business & Finance

    Clarkson PLC (Clarksons), a London-based provider of integrated shipping services, has recorded a robust overall performance in the first half of 2015 despite continued challenging market conditions in some of the markets it operates in.  Strong performance was reported from broking division in tankers, specialised products and gas markets, the group said in its unaudited results. […]

  • Statoil, Statkraft Commence Dudgeon Offshore Wind Farm Construction

    1 July 2014

    Statoil and Statkraft have decided to start building the Dudgeon offshore wind farm off the coast of Norfolk, UK. The project aims for full production in late 2017. When completed, Dudgeon will provide renewable energy for up to 410,000 households in the UK. The Dudgeon development will now move into a new phase, starting with […]

  • DEME Delivers Strong 2013 Results

    28 February 2014
    Business & Finance, Equipment, Technology

    In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – well […]

  • Italy: Sound Oil Discovers Gas at Nervesa Well

    17 July 2013

    Sound Oil confirmed a gas discovery following the recent Nervesa appraisal drilling. The Company confirms that mud log gas shows were recorded while drilling across multiple sandstone intervals in the target reservoir zone within the Miocene San Dona Formation. The Company has now completed logging operations and confirmed the identification of 476 metres (true vertical […]

  • Videos from OTEC Symposium now available online

    5 January 2017
    Business & Finance, Research & Development, Technology

    OTEC Foundation has released the video recordings of the presentations delivered during a two-day OTEC Symposium held in Amsterdam late in October 2016.