10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Toronto Dredging Kicks Off

    15 September 2015
    Business & Finance

    PortsToronto is in the process of removing up to 40,000 tons of debris and sediment from the mouth of the Don River, with the goal of preventing future flooding and stemming the flow of unwanted material into Toronto’s Harbor which can pose a risk to boater navigation and public safety. Each year, thousands of tons […]

  • South Korea: Swire Blue Ocean’s Two WIVs Continue on Schedule

    1 June 2012

    Swire Blue Ocean (SBO) is currently building two sister Windfarm Installation Vessels (WIVs) at the Samsung yard in South Korea. The SBO vessel design focuses on safety, efficiency and reliability and will provide clients with a significantly improved operating weather window. The advanced specification features a usable deck area in excess of 4,000 m2, DP […]

  • SBO Expects Delivery of First WIV from South Korea in July 2012

    1 June 2012
    Business & Finance

    Swire Blue Ocean (SBO) is currently building two sister Windfarm Installation Vessels (WIVs) at the Samsung yard in South Korea. The SBO vessel design focuses on safety, efficiency and reliability and will provide clients with a significantly improved operating weather window. The advanced specification features a usable deck area in excess of 4,000 m2, DP […]

  • Regulator rejects BP’s environment plan for drilling offshore Australia

    16 May 2016
    Project & Tenders

    Australian offshore petroleum regulator NOPSEMA has once again told BP to modify and resubmit their environment plan for exploration drilling in the Great Australian Bight (GAB) as the plan does not meet the regulatory requirements.  BP’s environment plan was previously dismissed by the agency in November 2015, also due to a failure to meet the regulatory requirements. According to […]

  • 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 […]

  • Polarcus set for another phase of Cygnus survey as environment plan gets approval

    6 June 2019

    Polarcus has received approval from Australian regulator for its environment plan for phase 3 of its Cygnus 3D marine seismic survey offshore Australia. 

  • 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 […]

  • FLEX LNG Extends Deal with SHI (UK)

    16 December 2011

    FLEX LNG announced that the Preliminary Agreement that was executed with Samsung Heavy Industries on 11 April 2011 has been extended until early January 2012. “FLEX LNG will provide further information once additional meetings with Samsung Heavy Industries have been completed in early January 2012.”, FLEX LNG said in a press release. The company holds […]

  • 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 […]

  • Quest: Increased Deepwater Activity Boosts Global Offshore Fabrication

    25 April 2013

    Over the next five years, Quest expects an 88% growth in floating production system (FPS) award levels illustrating a strong resurgence of investment in high-capital, major deep water developments. This growth coupled with current high levels of offshore rig construction will buoy oil & gas related utilization of major offshore fabrication shipyards to record levels. […]

  • Offshore Oil & Gas Shipbuilding Demand on the Rise

    25 April 2013

    Over the next five years, Quest expects an 88% growth in floating production system (FPS) award levels illustrating a strong resurgence of investment in high-capital, major deep water developments. This growth coupled with current high levels of offshore rig construction will buoy oil & gas related utilization of major offshore fabrication shipyards to record levels. […]

  • Jack-Up Barge to Provide Home at Sea for Nordsee Ost OWF’s Workers

    30 April 2014
    Business & Finance

    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. “With this […]

  • 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 […]

  • MPA and Yinson GreenTech to elevate Singapore’s maritime digital twin

    4 June 2025
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, IT & Software, Outlook & Strategy, Ports & Logistics, Research & Development, Technology

    The Maritime and Port Authority of Singapore (MPA) has signed a memorandum of understanding (MoU) with green technology solutions provider Yinson GreenTech (YGT) to advance the capabilities of the Maritime Digital Twin (MDT), a platform that models Singapore’s port environment using real-time operational data.

  • 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 […]

  • 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 […]

  • 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 […]

  • ABB net income down by 13 pct (Switzerland)

    13 February 2014
    Business & Finance

    ABB today reported record full-year revenues and higher operational EBITDA, net income and free cash flow despite a challenging market environment. The Board of Directors has proposed to increase the dividend for 2013 to CHF 0.70 per share. “These solid results, delivered in a mixed business climate and despite the setback in Power Systems, show […]

  • South Korea: SHI Continues Construction of SBO’s Two Windfarm Installation Vessels

    1 June 2012

    Swire Blue Ocean (SBO) is currently building two sister Windfarm Installation Vessels (WIVs) at the Samsung yard in South Korea. The SBO vessel design focuses on safety, efficiency and reliability and will provide clients with a significantly improved operating weather window. The advanced specification features a usable deck area in excess of 4,000 m2, DP […]

  • Oceangoing Rescue Ship Igor Belousov Launched in St. Petersburg, Russia

    31 October 2012
    Business & Finance

    Launching ceremony of Project 21300 rescue ship Igor Belousov took place at JSC Admiralteyskie Verfi shipyard (St. Petersburg) on Oct 30. The ceremony was attended by Russian Navy Commander-in-Chief ADM Viktor Chirkov, Director General of JSC Admiralteyskie Verfi Alexander Buzakov, and President of JSC United Shipbuilding Corporation Andrei Diachkov. Works on the new-generation oceangoing rescue […]

  • La Bella Seismic Survey to Start Next Week (Australia)

    6 November 2013

    Australian energy company WHL Energy Limited has informed that the seismic vessel the CGG Viking II has mobilised to the Otway Basin and is currently deploying its equipment.  The La Bella 3D Marine Seismic Survey (MSS) in offshore Otway Basin permit VIC/P67 is expected to start around 15 November, once the Viking II has completed a smaller […]

  • 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 […]

  • National Grid Reduces Capacity of Subsea Cable Between UK and France

    23 December 2011
    Business & Finance, Operations & Maintenance

      National Grid announces that the 2,000-megawatt subsea power cable between the British and French energy markets will run at half of its capacity between March 1 and roughly June 30, 2012 for valve replacing work. 2012 outage schedule demonstrates that the interconnector’s capability will also be reduced to 1,500 MW for repair between Sept […]

  • PETRONAS Floating LNG2 Floated Out

    10 May 2016
    Business & Finance

    Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea has launched the hull of Petroliam Nasional Berhad’s (PETRONAS) second floating liquefied natural gas (FLNG) unit, the PETRONAS Floating LNG2 (PFLNG2). The 393-metre-long hull was floated out from the Green Dock 3 on 30 April 2016 to anchor at the quayside of the SHI shipyard signifying the near completion of […]

  • Mexican States Lose Deepwater Horizon Court Appeal Case

    5 May 2015
    Business & Finance

    The US 5th District Court of Appeals in New Orleans, Lousiana has upheld a 2013 district court ruling which said that three Mexican coastal states cannot sue BP over alleged losses arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. In September 2010, the three Mexican states of Veracruz, Tamaulipas and Quintana Roo filed complaints in the Western […]