10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • ABB Opens New State-of-the-Art Facility in Brazil

    27 February 2014

    ABB, the leading power and automation technology group, officially inaugurated its fifth factory in Brazil in the presence of the Minister of Development, Industry and Foreign Trade, Mauro Borges, and the Governor of São Paulo Geraldo Alckmin. The new plant is part of a $200-million investment to expand ABB’s technology development and production capacity to […]

  • The Netherlands: High Energy Prices Drive Shell Earnings Up

    28 July 2011

    Royal Dutch Shell’s second quarter 2011 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $8.0 billion compared with $4.5 billion the same quarter a year ago. Basic CCS earnings per share increased by 74% versus the second quarter of 2010. Second quarter 2011 CCS earnings, excluding identified items (see page […]

  • Wind Contributes to Danish Renewable Energy Consumption Increase

    26 September 2012
    Authorities & Government

    Consumption of renewable energy increased in 2011 by 2.5% to 174 PJ in part as a result of a large increase in wind-power production. According to the EU method of calculation, renewable accounted for 23.6% of energy consumption in 2011, against 22.1% in 2010. At the same time electricity production based on renewable energy accounted […]

  • Harbour Energy hires Havila vessel for ops offshore UK

    27 December 2021
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders, Vessels

    Havila Shipping has secured a new contract for one of its platform supply vessels (PSVs) with Harbour Energy for operations in the UK.

  • Petrobras: Further exploration at Libra field to start in July

    8 May 2014

    The magnitude of the Libra offshore area was the main highlight of Wednesday, May 7 at Brattec Offshore 2014, an event organized by the Brazil-Texas Chamber of Commerce. Petrobras’ executive manager for Libra, Anelise Lara, talked about the reservoir’s characteristics and the area’s development prospects. Paulo Alonso, local content advisor to Petrobras’ CEO and executive […]

  • Loss widens for Bluewater

    29 August 2014

    Bluewater Holdings bv, a Dutch supplier of floating production units and mooring systems to the international offshore oil and gas clients, has reported a deeper loss for the first half of 2014. The net result after tax for the six-month period ended June 30, 2014 was $67.3 million loss compared to $50.9 million loss for […]

  • UK: Guidance for PMSCs Agreed by IMO’s Maritime Safety Committee

    25 May 2012
    Business & Finance

      Interim guidance to private maritime security companies (PMSCs) was agreed by IMO’s Maritime Safety Committee (MSC), when it met at the Organization’s London Headquarters for its 90th session from 16 to 25 May 2012. A special high-level segment of the MSC saw an intense debate, over the first day and a half of the […]

  • Jack-Up Barge to Accommodate Nordsee Ost Workers

    30 April 2014

    RWE Innogy has awarded Dutch company Jack-Up Barge B.V. the contract to provide an accommodation platform at the construction site of the Nordsee Ost Offshore Wind Farm. The jack-up vessel “JB 114” will temporarily accommodate up to 40 employees to carry out commissioning works at the wind farm’s internal transformer station from mid-July. “The jack-up […]

  • PHOTO: Culzean CPF Jacket Lands on Seabed

    12 July 2017
    Equipment

    The jacket for the central processing facility (CPF) on the Culzean field, located in the British sector of the North Sea, has been installed, Maersk Oil informed. It follows the installation of the wellhead platform jacket  set up in May 2016. The CPF jacket, set sail from Heerema Fabrication Group’s Vlissingen facility on June 28. The deepwater […]

  • Savannah Harbor Expansion Project on Track in 2019

    27 November 2018
    Business & Finance

    U.S. Senators Johnny Isakson, David Perdue, and U.S. Representative Buddy Carter, have secured additional federal funding to keep the Savannah Harbor Expansion Project (SHEP) on track in 2019. The U.S. Army Corps of Engineers recently released its fiscal year 2019 work plan, which includes $52.12 million in additional funds for the Savannah Harbor Expansion Project. This […]

  • WoodMac sees huge growth potential in UK following Chrysaor-ConocoPhillips deal

    19 April 2019

    Wood Mackenzie sees huge growth potential in the UK North Sea region following Chrysaor’s acquisition of ConocoPhillips’ UK business.

  • HHLA Strengthens Market Position (Germany)

    27 March 2014

    Hamburger Hafen und Logistik AG (HHLA) again expanded its position in a difficult market environment in the 2013 financial year. “We saw considerable increases in throughput and transportation in 2013. Our market share gains underline that we were well prepared for the challenges of a difficult market environment. HHLA also continues to have a high […]

  • Klaveness Delivers Profit in 2018

    26 March 2019
    Business & Finance

    Torvald Klaveness manages to improve its financial performance in 2018.

  • SacOil and Partners Begin 3D Seismic OBC Survey Off Nigeria

    10 March 2014
    Business & Finance, Operations & Maintenance

    SacOil, the South African based independent African oil and gas company, provides an update on its on-going operational activities in Nigeria and Malawi. Satisfactory progress has been made across the existing portfolio of exploration and appraisal assets. The Company also continues to evaluate a number of opportunities to secure new value accretive acreage in established […]

  • OTE Hires Blueshirt Group for PR and Investor Relations

    11 September 2014
    Business & Finance

    Ocean Thermal Energy Corporation, a turnkey supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide, has engaged The Blueshirt Group to assist OTE in developing its communication and investor outreach program with the financial community and media. “We are pleased to partner with The Blueshirt Group to help us expand […]

  • Maritime Training Centre Opened in Amsterdam

    17 April 2014
    Business & Finance

    After MAAP in the Philippines and Jaheziya in Abu Dhabi, MTC Amsterdam is the third center to become accredited with the support of MTC International. MTC International globally supports safety training centers and their clients, mainly active in offshore, shipping and renewable energy. Centers profit from benefits like network certification, shared services for course administration […]

  • CMA CGM’s LNG-powered octet to debut Wärtsilä’s new methane-reducing engine technology

    21 January 2025
    Technology, Vessels

    French shipping heavyweight CMA CGM has placed the inaugural order for Finnish technology group Wärtsilä’s engines outfitted with a new methane emissions-slashing feature which are to be installed on a liquefied natural gas (LNG)-powered boxship octet. As disclosed, the 100,000 dwt container vessels were ordered en bloc in September 2023 and are currently under construction […]

  • Twin Marine, Shandong Shipping form JV company

    12 August 2014

    Norway-based marine heavy lift contractor Twin Marine Heavylift AS signed a joint venture deal with China’s Shandong Shipping Corporation of Qingdao. The new JV company, Shandong Twin Marine, will own and operate the 34,000 tonne Twin Marine Lifter (TML) System, transportation vessels and associated equipment, for installation and removal of large offshore structures as well as […]

  • Italy: Fincantieri to Build Two Luxury Ocean Cruise Ships

    19 April 2012

    Viking Ocean Cruises, sister company of Viking River Cruises, the world’s leading river cruise line, and Fincantieri, world leader in cruise shipbuilding, today announced the signature of a Memorandum of Agreement for the construction of two new luxury ocean cruise ships. The memorandum also includes an option for a third vessel. In line with Viking’s […]

  • Italy: Fincantieri to Build Two Ships for Viking Ocean Cruises

    19 April 2012
    Business & Finance

    Viking Ocean Cruises, sister company of Viking River Cruises, the world’s leading river cruise line, and Fincantieri, world leader in cruise shipbuilding, today announced the signature of a Memorandum of Agreement for the construction of two new luxury ocean cruise ships. The memorandum also includes an option for a third vessel. In line with Viking’s […]

  • BIMCO: Strong Tanker Freight Market Comes to an End

    5 September 2016

    Lower growth rates for refinery throughput and drawdowns on swollen oil stocks has impacted the seaborne tanker market negatively, according to BIMCO. The refiners and traders, primarily in Asia, have reduced their appetite for crude oil as margins and profits have diminished. Global oil prices came down from a mid-2015 level around USD 60 per […]

  • TORM seals $340 million deal to buy eight MR tankers

    15 July 2024
    Vessels

    Danish shipping company TORM has signed an agreement to purchase eight second-hand MR tankers for $340 million.

  • Fluxys to Buy Medgaz Stake, Belgium

    30 December 2012

    Fluxys SA said that it has reached an agreement with Endesa and Iberdrola for Fluxys to acquire their stakes in Medgaz, owner and operator of the subsea pipeline flowing gas from Algeria into Spain. Fluxys expects to close both transactions in the first half of 2013. Prior to closing, the transaction requires the other shareholders […]

  • Femern Starts Fehmarnbelt Tunnel Prequalification Process (Denmark)

    5 October 2012
    Business & Finance

    Femern A/S has commenced the process of prequalification of contracting companies, thereby giving the international construction industry access for the first time to detailed information about the further course of the project. Over the next few months until 18 January 2013, the companies can prepare their request for prequalification and submit it to Femern A/S. […]

  • Low Sulphur Switch Will Have Billion Dollar Implications, Says ICS

    23 July 2012
    Business & Finance

    The International Chamber of Shipping (ICS), whose 36 member national shipowners’ associations represent all sectors and trades and more than 80% of the world merchant fleet, has called on the International Maritime Organization (IMO) to accelerate a critical study into the global availability of low sulphur fuel for ships. ICS has been expressing concern for […]