10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • USA: VT Halter Marine Bags USD 441 Million Shipbuilding Contract

    18 November 2011

    ST Engineering, its US shipyard VT Halter Marine, has won a shipbuilding contract from Hornbeck Offshore Services, Inc. The contract to construct eight 97.2m long Offshore Supply Vessels (OSV) is worth about $441m and has options for up to 24 additional identical vessels. Based on VT Halter Marine’s Super 320 design developed for HOS, the […]

  • Transocean rig gets the go-ahead for ops at Equinor’s North Sea field

    1 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Equinor has received consent from Norway’s regulator to use a Transocean-owned rig for well intervention on a field located in the North Sea.

  • 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 […]

  • 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 […]

  • 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 […]

  • Despite modest recovery, global marine insurance sees uncertain future

    16 September 2020
    Business & Finance, Business Developments & Projects, Safety

    Marine underwriting premiums for 2019 saw a reduction of 0.9% year over year and were estimated at $28.7 billion, the International Union of Marine Insurance (IUMI) said.

  • KFELS B Class Jack-Up Rig Primus Delivered Ahead of Schedule

    4 December 2012

    Keppel FELS has delivered Primus, a KFELS B Class jackup rig, to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro (Oro Negro), seven days early and with a perfect safety record. Named earlier today, Dec. 4th, at Keppel FELS, Primus was officially delivered on 16 November 2012. It is the first […]

  • Video: VT Halter Marine Splashes Crowley’s 2nd LNG-Fueled ConRo

    7 December 2017
    Business & Finance

    VT Halter Marine launches Crowley Maritime Corp.’s second LNG-fueled Commitment Class ConRo ship.

  • Astana Expo 2017: Shaping the Future of Energy

    15 May 2017

        By Astana EXPO 2017 Green energy is no longer a mere dream, but the not-too-distant future. The availability of clean technologies gives the world a chance to win the struggle with climate change by creating a new world energy matrix. We are on the threshold of a new reality where green energy will […]

  • Orion Marine Outlook Shows Positive Development

    25 September 2014
    Business & Finance, Equipment, Technology

    Orion Marine Group, Inc., a heavy civil marine contractor serving the infrastructure sector, has announced an update on the Company’s outlook and end markets. The Company’s outlook for the second half of 2014 continues to show positive development. Delayed projects from the second quarter have now fully begun and are contributing to higher levels of […]

  • UK: First Wind Turbine at Gwynt y Môr OWF

    17 May 2013

    THE FIRST of 160 wind turbines has been installed at the flagship North Wales Gwynt y Môr Offshore Wind Farm, the largest renewables project under construction by RWE npower renewables. It marks a major milestone in the construction of the €2billion windfarm which, once fully operational, will be capable of generating enough energy from the […]

  • USA: Officials OK Money for Menekaunee Harbor Dredging

    23 April 2014
    Business & Finance, Equipment, Technology

    The long-awaited cleanup and restoration of Menekaunee Harbor just got a big boost with news of a $5 million grant from the U.S. Environmental Protection Agency, officials said. The City of Marinette and the Department of Natural Resources are partners in the efforts to restore this historic harbor, once home to commercial fishing fleets. Much […]

  • The Netherlands: APM Terminals Announces Record Results for 2011

    28 February 2012
    Business & Finance

    APM Terminals, the Hague-based global port operator, yesterday reported record breaking annual results for 2011. A revenue growth of 10% year- on-year and an EBITDA of USD 1,059 mio. makes APM Terminals’ result for 2011 “the strongest ever”, according to CEO Kim Fejfer. Net operating profit after tax was USD 649 mio. Profits of USD […]

  • ICE Announces First LNG Cleared Swap on Japan Korea Marker

    11 September 2012

    Intercontinental Exchange, a leading operator of global regulated futures exchanges, clearing houses and over-the-counter markets, announced that ICE Clear Europe cleared its first Liquefied Natural Gas (LNG) Cleared Swap on the Platts Japan Korea Marker (JKM). The first cleared JKM LNG transaction of 20 lots represented 200,000 Million British Thermal Units and was submitted to […]

  • Fluor Posts Q3 Net Earnings of USD 135 Million (USA)

    4 November 2011

    Fluor Corporation announced financial results for its third quarter ended September 30, 2011. Net earnings attributable to Fluor for the third quarter were $135 million, or $0.78 per diluted share, compared with a loss of $54 million, or $0.30 per diluted share a year ago. Segment profit for the third quarter of 2011 was $236 […]

  • Pacific Drilling Inks LOI for Pacific Khamsin. Thinks of Private Placement

    8 November 2012

    Pacific Drilling S.A., an international offshore drilling contractor, has signed a letter of intent with an undisclosed costumer for its under-construction drillship, Pacific Khamsin, the company yesterday reported. The company’s CEO Chris Becket said: “We have signed a letter of intent with a major oil company for the Pacific Khamsin and will provide more details […]

  • Goa Shipyard Joins the Elite

    14 January 2014

    Goa Shipyard Ltd. (GSL) today joined the elite class with the delivery of the 200th vessel. The 200th vessel is 105m Naval Offshore Patrol Vessel (NOPV) to be christened “INS SUMEDHA”. The vessel is the largest Offshore Patrol Vessel of the Indian Navy and the largest constructed by Goa Shipyard Limited. The first and second […]

  • Goa Shipyard Delivers Its 200th Vessel (India)

    14 January 2014
    Business & Finance

    Goa Shipyard Ltd. (GSL) today joined the elite class of shipbuilders with the delivery of the 200th vessel. The 200th vessel is 105m Naval Offshore Patrol Vessel (NOPV) to be christened “INS SUMEDHA”. The vessel is the largest Offshore Patrol Vessel of the Indian Navy and the largest constructed by Goa Shipyard Limited. The first […]

  • NKT Appoints New CEO from ABB

    19 March 2019
    Business & Finance, Human Capital

    NKT’s Board of Directors has appointed ABB’s Alexander Kara as the new Chief Executive Officer (CEO) and President. The new executive will join the Danish company on 1 August, when he will take the place of Roland M. Andersen, who is interim CEO. At ABB, Kara is currently holding the position of Senior Vice President, HUB Business […]

  • ‘Viking Energy’ stays with Statoil for another two years

    6 November 2015
    Business & Finance

    Norway’s Statoil has once again extended the contract for the LNG-powered Platform Supply Vessel (PSV) Viking Energy. The extension is for two years, starting April 2016. According to the previous agreement, signed in February 2015, the contract had been extended from April 2015 to a further year, with 1+2 years option. Under the new agreement […]

  • Noble Energy Farms Into Falkland Islands Offshore Licences

    6 August 2012

    FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has announced the execution of a farm-out agreement with Noble Energy Falklands Limited, an affiliate of Noble Energy, Inc., a leading global exploration and production company. The license position consists of 40,000 square […]

  • Van Oord Offshore to Open New Office in the USA During OTC Conference

    4 May 2010
    Business & Finance

    During the OTC Conference & Exhibition in Houston from 3-6 May 2010, Van Oord Offshore will open its new representative office in the U.S.A.. The office is located in Houston, Texas, the oil and gas capital of the Western Hemisphere and home of many major oil and gas companies, engineering firms and other important players […]

  • One-Offs Lower EDP Renewables’ Profit

    27 July 2016
    Business & Finance

    EDP Renewables, part of EDP, posted total revenue of EUR 889 million in the first half of 2016, a 15% increase compared to the same period a year earlier, on the back of the increase in installed capacity and a higher load factor, both offsetting a 7% drop in average selling price during the first six months. However, […]

  • Subsea Trees for BP’s Juniper Field Arrive in T&T

    1 April 2016
    Equipment, Operations & Maintenance

    All five subsea trees required for the Juniper project have arrived to Trinidad and Tobago, BP Trinidad and Tobago (bpTT) informed. The Juniper project is bpTT’s first subsea field development, located 50 miles off the south-east coast of Trinidad. As an essential piece of equipment for the Juniper project, each tree weighs approximately 76 tonnes. The trees were assembled and […]