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 […]

  • 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 […]

  • Total Announces New Gas and Condensate Discovery West of Shetland (UK)

    6 January 2011
    Business & Finance

    Total announces that its affiliate Total E&P UK has made a new gas and condensate discovery in the West of Shetland on the United Kingdom Continental Shelf, close to the currently under development Laggan and Tormore fields. The Edradour exploration well lies in block 206/4, 75 kilometres North West of Shetland in a water depth […]

  • ABB to equip Kraken FPSO with power and automation tech

    1 October 2014
    Business & Finance, Equipment, Project & Tenders

    ABB, a power and automation technology group, has won an order from Armada Kraken Pte Ltd, a subsidiary of Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. ABB will provide power and automation technologies for the floating, production, storage and offloading (FPSO) vessel destined for the Kraken oil field, the biggest subsea oilfield […]

  • 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. […]

  • Swiber Scores $215M Contract Hat-Trick

    7 June 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    Singapore-listed EPCI contractor Swiber has secured three new contracts for projects with a total value of US$215 million in the Middle East and Southeast Asia regions. Swiber has been awarded an EPCI (engineering, procurement, construction and installation) contract from an undisclosed European oil company to perform pipeline replacement work in Qatar, marking the Swibers’s first offshore […]

  • VAALCO shuts Ebouri field well (Gabon)

    5 November 2014
    Project & Tenders

    VAALCO Energy, Inc. has announced that Well 2-H in the Ebouri field, offshore Gabon, has been temporarily shut-in to determine the cause of pressure communication between the tubing and casing annuli. At the time of shut-in, Well 2-H was producing approximately 2,500 gross barrels of oil per day, 700 net to VAALCO. The well was initially shut-in […]

  • UK: Expro Wins RoSPA Safety Award

    17 May 2012
    Business & Finance

    International oilfield services company Expro has once again been recognised for its outstanding safety record globally. Expro has been commended in the oil & gas industry sector of the annual 2012 Royal Society for the Prevention of Accidents (RoSPA) safety awards. Expro has received awards from RoSPA for the past eight years, achieving a gold […]

  • Guinea: Hyperdynamics Inks Seismic Survey and Processing Deal with CGGVeritas

    21 September 2011
    Business & Finance

    Hyperdynamics Corporation today announced the signing of a 3D acquisition and processing contract with CGGVeritas  to cover an area of approximately 4,000 square kilometers in its exploration block offshore Guinea. The value of the contract is approximately US $29.0 million gross. The survey is expected to begin in late October 2011, using the survey vessel […]

  • UAE: FPSO Athena Enters Final Phase of Conversion Work

    12 January 2012
    Business & Finance

    According to Ithaca Energy, Athena Development Update activities are progressing as scheduled. The BW Athena FPSO, is undergoing final phases of conversion work in Dubai Dry Dock World. Under the agreement between BW Offshore and Drydocks World scope of work included lengthening of the vessel and fabrication and installation of a new section for the […]

  • USA: Cashman Begins Hudson River Dredging

    30 April 2013
    Business & Finance

    During this month, Cashman Dredging began the fourth dredging season of the Hudson River Dredging Project for General Electric. The 2013 season follows dredging that took place during 2009, 2011, and 2012. About 50% of the project was completed after the first three seasons, and over 1.3 million cubic yards of sediment have been dredged, […]

  • UAE: FPSO Athena Enters Final Stage of Conversion Work at Drydocks World

    12 January 2012

    According to Ithaca Energy, Athena Development Update activities are progressing as scheduled. The BW Athena FPSO, is undergoing final phases of conversion work in Dubai Dry Dock World. Under the agreement between BW Offshore and Drydocks World scope of work included lengthening of the vessel and fabrication and installation of a new section for the […]

  • 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 […]

  • 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.

  • UK: Nexans Supplies Submarine Cables for West of Duddon Sands Wind Farm

    14 May 2012
    Business & Finance, Equipment, Project & Tenders

    Dong Energy, Fredericia (Denmark) and Nexans Deutschland have signed a contract for the delivery and installation of medium-voltage submarine cables for the West of Duddon Sands wind farm. The order for the wind farm located 15 kilometres west of Walney Island comprises 122 kilometres of submarine cable for connecting the individual wind turbines both with […]

  • CCB Coalition to Deliver Equipment for Three New PLVs to Subsea 7 (The Netherlands)

    12 February 2014
    Business & Finance

    For many years Croon Elektrotechniek and Bakker Sliedrecht have been partners, working successfully together, for instance for IHC Merwede. This partnership, known as Combinatie Croon Bakker (CCB), was granted the order for some outstanding work: delivery of the complete electrical installations, propulsion and automation for three new PLVs to Subsea 7. These complex and high-grade […]

  • USACE Officials Discuss Mamaroneck and Sheldrake Rivers Report

    22 March 2016
    Business & Finance

    The U.S. Army Corps of Engineers, New York District, in cooperation with New York State Department of Environmental Conservation, Westchester County, and the Village of Mamaroneck recently held a public information meeting at the Emelin Theatre in Mamaroneck, N.Y. Discussed was a Tentatively Selected Plan for the Mamaroneck and Sheldrake Rivers Flood Risk Management Feasibility […]

  • ‘Major’ oil firm hires ‘Safe Caledonia’ flotel

    19 September 2018
    Exploration & Production

    Flotel operator Prosafe has won a contract for its Safe Caledonia accommodation rig to support ‘a major oil and gas operator’ in the UK part of the North Sea.

  • Subsea trees for BP’s first subsea field development reach T&T

    1 April 2016
    Equipment, Project & Tenders

    Oil major BP announced on Thursday that all five subsea trees required for the Juniper project have arrived in Trinidad and Tobago. The Juniper project is BP’s first subsea field development, located 50 miles off the south east coast of Trinidad. The subsea tree is a complex configuration of valves and sensors installed on the wellhead […]

  • BOWL Starts Prepping Beatrice Crew Transfer Vessel Base

    9 November 2017
    Operations & Maintenance

    Beatrice Offshore Windfarm Ltd. (BOWL) has begun the works on the disused corner of Wick Harbour which will become the base for the crew transfer vessels (CTVs) working on the 588MW Beatrice offshore wind farm.

  • 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. […]

  • How Will Marine Air Emissions Changes Affect Shippers?

    13 August 2014

    From January 2015 MARPOL Annex VI Regulation 14 will once again change, effecting the air emissions of Sulphur Oxide (SOx) from ships traveling in Emission Control Areas (ECA). In the following article, emission analysis specialist Kittiwake Procal explores how will these legal changes really affect the shipping industry and what will shippers have to do […]

  • 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 […]

  • 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 […]

  • Clarksons Beats Expectations

    9 March 2015
    Business & Finance

    London-based shipbroker Clarkson PLC (Clarksons) has exceeded market expectations for the financial year of 2014 having recorded £ 237.9 million (around USD 358 million) in revenue, a 20% increase when compared to 2013. The group’s underlying profit before taxation increased by 35% reaching £33.8 million and underlying earnings per share increased by 37%, Clarksons said in […]