10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • 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 […]

  • Severnaya Verf Shipyard Plans to Deliver New Corvette Boiky to Russian Navy in 2012

    15 December 2011

      JSC Severnaya Verf shipyard confirms that corvette Boiky will be delivered to Russian Navy in 2012, reports RIA Novosti referring to the yard’s director general Andrei Fomichev. “Third corvette, Boiky, is ready to accommodate the crew. This means that the ship is at high stage of completeness, and appropriate acceptance certificate will be signed […]

  • PM wants Vietnam’s first LNG power plants online by June as delays loom

    7 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.

  • 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 […]

  • Fayard to Upgrade Maersk Gallant Jack-Up Rig (Denmark)

    30 October 2013
    Business & Finance

    Continuing the long business relations Maersk Drilling placed the order for upgrading of the jack-up drilling rig Mærsk Gallant (built in 1993) with Fayard A/S located at the previous Lindø Yard in Munkebo, Funen. In competition with other Northern European shipyards, Fayard qualified for the fourth time for the renovation and conversion of one of […]

  • UAE: Steel Cutting Ceremony for Newbuild Polarcus’ Vessel

    9 February 2011
    Business & Finance

      Polarcus Limited  announced that the official steel cutting ceremony of newbuild NB292 took place on 07 February 2011. Vessel NB292 is the first of two newbuilds ordered from Ulstein Verft AS of Norway and announced by Polarcus on 18 November 2010. The vessels are being built to the ULSTEIN SX134 design but with a […]

  • North Atlantic Drilling in another delay for ‘West Rigel’ delivery

    4 October 2016
    Exploration & Production

    Offshore drilling contractor North Atlantic Drilling (NADL) has once again deferred delivery of a newbuild semi-submersible drilling rig, the West Rigel, built by Sembcorp Marine’s Jurong Shipyard.  NADL informed on Tuesday that an amendment has been agreed with Jurong Shipyard, which extends the delivery deferral period to January 6, 2017. The extension allows the parties […]

  • UAE: Grandweld Hands Over First Fast Aluminum Crew Boat to Zamil Offshore

    14 November 2012

    Grandweld Shipyards has announced the successful delivery of the new build “Zamil 101” the first of three fast aluminum crew boats to Zamil Offshore. The vessel was part of a contract, which was signed in November 2011, to build and deliver three sister crew boats. The 33.5m fast crew boat is powered by 3 high […]

  • 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 […]

  • Grandweld Hands Over First Crew Boat to Zamil Offshore

    14 November 2012
    Business & Finance

    Grandweld Shipyards has announced the successful delivery of the new build “Zamil 101” the first of three fast aluminum crew boats to Zamil Offshore. The vessel was part of a contract, which was signed in November 2011, to build and deliver three sister crew boats. The 33.5m fast crew boat is powered by 3 high […]

  • 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.

  • Odfjell sell stake in Dalian terminal to VTTI

    12 May 2020
    Business Developments & Projects, Infrastructure, Ports & Logistics, Storage

    Odfjell Terminals (China) Pte. Ltd. (OTC) has completed the sale of its 50 per cent interest in a chemicals storage terminal in the Port of Dalian to VTTI Terminals, a subsidiary of the Netherlands-based VTTI group.

  • Ukraine: Kherson Shipyard to Hire More Workers in 2012

    20 February 2012

    Kherson Shipyard today is the sole shipbuilding company in Ukraine building key-turn tankers and dry-cargo vessels. The profit of KSY in 2011 made 15 mln UAH. Kherson Shipyard list of orders is formed till the end of 2013. At present moment 3 key-turn tankers of RST27 project for SVL Company (Malta) and 6 offshore constructions […]

  • Norwegian Cruise Line to base ship in Tampa for first time

    24 February 2010

    Norwegian Cruise Line today announced it would base a ship in Tampa starting in late 2011 — a first for the line. Norwegian says the 2,240-passenger Norwegian Star will sail seven-day Western Caribbean voyages out of the city on a seasonal basis starting on Oct. 16, 2011 through April 8, 2012.

  • Sterling Expects Cladhan FDP Approval by March End (UK)

    6 March 2013
    Business & Finance

    Sterling Rescources, a Canadian-listed international oil and gas company headquartered in Calgary, in its operational update issued Tuesday informed that a final version of the Cladhan Field Development Plan (“FDP”) was submitted to DECC at the beginning of February 2013. The Cladhan Field is located in the northern North Sea, approximately 100 km north east of the Shetland […]

  • Keynote Speaker Announced for WODCON XXI Dredging Conference

    11 February 2016
    Business & Finance

    Only 120 days have been left until the Western Dredging Association’s 21st World Dredging Congress & Exposition (WODCON XXI) in Miami, Florida. WEDA has just announced that Mr. Giora Israel, Senior Vice President of Global Ports and Destination Development at Carnival Corporation will be speaking during lunch on Tuesday June 14th. Mr. Giora’s experience relating to ports […]

  • Russia’s USC to Build First Cruise Ship in 60 Years

    18 May 2016
    Business & Finance

    Russia’s shipbuilding industry is planning on returning to the cruise ship market as the country’s shipbuilder JSC United Shipbuilding Corporation (USC) revealed its intentions to build the first cruise vessel in 60 years. The company announced the plans during the 6th International Forum “Marine Industry of Russia”, and added that USC expects to start building the ship by the end of […]

  • Maryland Public Service Commission Starts Reviewing Offshore Wind Applications

    22 November 2016
    Authorities & Government, Environment, Storage

    The Maryland Public Service Commission (PSC) began a 180-day proceeding to evaluate two offshore wind project proposals on Monday, 21 November. PSC opened an application period for a USD 1.9 billion Offshore Wind Renewable Energy Credit (OREC) in February 2016. The initial application was submitted by US Wind in the same month. PSC received the second and […]

  • South Korea: DSME Delivers VLCC BUKHA to Oman Shipping Company

    18 April 2012
    Business & Finance

    Oman Shipping Company S.A.O.C. (OSC) took delivery of a Very Large Crude Carrier (VLCC) “BUKHA”, at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea. “BUKHA” is designed and constructed according to the latest international standards, and it has advanced ballast water treatment technology to comply with international conventions on the protection of […]

  • Shell’s profit soars on high prices

    31 January 2019

    The Hague-based LNG giant Shell reported a 36 percent jump in profit during 2018 on the back of higher realized oil, gas and LNG prices. 

  • Rowan drillship stays stacked as owner transfers Fieldwood gig to another rig

    21 November 2018
    Business & Finance, Exploration & Production

    Rowan has transferred a contract from the Rowan Reliance to Rowan Resolute drillship, which means the former will not be returning from the warm-stack mode. 

  • PNG LNG boosts Santos revenue

    18 July 2014

    Santos of Australia reported higher second quarter production and a significant jump in sales revenue following the successful start-up of the PNG LNG project, which commenced production in April of this year ahead of schedule. The quarter’s production of 12.8 mmboe was an increase of 5% compared to the previous quarter and an increase of […]

  • Gwynt y Môr Construction Soon to Begin (UK)

    25 January 2012

    Construction work will soon begin on Gwynt y Môr offshore wind farm. Secretary of State for Energy and Climate Change, Chris Huhne, announced the project go-ahead in June 2010. He said: “This is the first of what I hope will be many, examples of how we can make the most of our island’s huge renewable […]

  • Gwynt y Môr Construction Soon to Begin (UK)

    25 January 2012

    Construction work will soon begin on Gwynt y Môr offshore wind farm. Secretary of State for Energy and Climate Change, Chris Huhne, announced the project go-ahead in June 2010. He said: “This is the first of what I hope will be many, examples of how we can make the most of our island’s huge renewable […]