10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Marathon Oil CFO Retires (USA)

    28 August 2013
    Business & Finance

    Marathon Oil Corporation announced today that Janet F. Clark, executive vice president and chief financial officer (CFO), has elected to retire on Oct. 1, 2013, after serving almost 10 years as the Company’s CFO. The Marathon Oil board of directors has elected John R. (“J.R.”) Sult to succeed Clark as executive vice president and CFO […]

  • FPSO Cidade de Ilhabela Enters Brasa Shipyard

    14 January 2014

    Brasa shipyard in Brazil is celebrating the arrival of of FPSO Cidade de Ilhabela. The SBM Offshore vessel berthed safely at the Niteroi-Rio based Brasa yard on Sunday 12th January 2014. She had arrived in Brazilian waters in time for the New Year following her 10,625 Nm (19,678 Km) voyage from China. Integration of the bare […]

  • Clarksons: China Sees Record Iron Ore Imports

    30 January 2017
    Business & Finance

    At the start of 2016 the outlook for Chinese iron ore import growth appeared challenging, however, the imports went on to significantly outperform expectations during the year and break the 1 billion tonne mark along the way, according to Clarkson Research. Chinese iron ore import growth performed at a level far higher than many had […]

  • 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 […]

  • Global Offshore Fabrication Reaching Record Levels as Deepwater Activity Surges

    25 April 2013
    Business & Finance

    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. […]

  • Leading Qatar Based Companies to Highlight Their Maritime Strength at SMEM 2012

    8 October 2012
    Business & Finance

    Leading Qatar based companies N-KOM, Ras Laffan Port and Milaha will use the forthcoming Seatrade Middle East Maritime (SMEM) 2012 conference and exhibition in Dubai, to underline their increasing presence in the regional and international shipping channels. The strong Qatari participation will be evident from the outset, with a keynote speech delivered by H.E. Sheikh […]

  • Red ink for Sevan Marine. Millions spent on bribery investigation

    11 November 2015

    Sevan Marine, a company specializing in floating production and drilling units, has posted a net loss for the third quarter of 2015 compared to profitable third quarter of 2014.  Namely, Sevan Marine’s net loss for the third quarter of 2015 was $10 million compared to profit of $1.3 million in the corresponding period last year. […]

  • BW Offshore bringing world’s first FDPSO out of mothballs?

    29 May 2017

    The world’s first and so far only floating drilling production and offloading unit is set to be deployed to an offshore location again, after having been out of work for more than three years. Owned by the Oslo-listed BW Offshore, the Azurite FDPSO had been deployed at the Azurite field offshore Congo until early 2014, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. 

  • 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 […]

  • 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 […]

  • The Netherlands: Van Oord Opens New Office in Houston

    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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]