10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • ASD Preps for Arctic Prowler Christening, USA

    20 September 2013

    The Alaska Longline Company’s newest fishing vessel, the F/VArctic Prowler, is set to be christened Oct. 5 at Alaska Ship and Drydock in Ketchikan, Alaska. The Prowler, a 136’ x 41’ x 26’ freezer longliner, was designed by Jensen Maritime Consultants of Seattle, WA. The F/V Arctic Prowler is the first vessel to be built […]

  • TAP Starts ESIA Submission Process in Greece

    7 June 2011

      The Trans Adriatic Pipeline (TAP) announced today that it has commenced its Environmental and Social Impact Assessment (ESIA) process in Greece. The submission of its Scoping Report to the Greek authorities comes after similar moves in Albania and Italy earlier this year and will follow the European Bank for Reconstruction and Development (EBRD) guidelines, […]

  • APM Terminals’ Maasvlakte II to Increase Capacity by More than 20 Pct by 2019

    23 August 2018
    Business & Finance

    APM Terminals Maasvlakte II will be able to service two triple-E vessels simultaneously.

  • Building of Amsterdam’s New Sea Lock Set for 2016

    5 December 2014
    Business & Finance

    The construction of the new sea lock in the Port of Amsterdam, the Netherlands is scheduled to begin in 2016. The construction completion is set for 2019, when first ships should be able to transit the new lock. At the moment, executive organization of the Dutch Ministry of Infrastructure and Environment, Rijkswaterstaat, is at the […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • Contract Signed for First Dual-Fuel Dredger in France

    23 January 2018
    Business & Finance, Project & Tenders, Vessels

    Atlantic Port of Bordeaux, the EIG Dragages Ports and the SOCARENAM shipyard have just signed a contract for the construction of the water injection dredger running on LNG. This innovative and eco-efficient dredger will replace the grab hopper dredger “La Maqueline” in the summer of 2019. Atlantic Port of Bordeaux uses two dredgers to maintain […]

  • 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 […]

  • ‘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 […]

  • Ineos Submits Windermere Decommissioning Application

    25 April 2018
    Operations & Maintenance

    Ineos UK has submitted a decommissioning application to the Department for Business, Energy & Industrial Strategy (BEIS) for the Windermere field, located in the Southern Basin of the UKCS. The Windermere facilities comprise the platform, wells, export pipeline and the umbilical between Windermere and the ST-1 platform. Topsides and jacket will be removed and recycled or disposed […]

  • CDBL Inks Sale and Leaseback Deal for LNG Carrier Pair

    18 December 2017
    Business & Finance

    China Development Bank Financial Leasing buys 162,000 cbm LNG carriers, leases them back on a 12-year charter.

  • 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 […]

  • Framo Engineering: Convincing Test Results (Norway)

    24 January 2011

    January 10th and 14TH 2011, DNV issued three separate Certificates of Fitness For Service: one for the OCT system itself, one for the Cryodyn flexible pipe and one for the QCDC assembly. We are pleased to inform that DNV on January 10th and 14TH 2011 issued three separate Certificates of Fitness For Service: one for […]

  • MMO to Charge for Marine Licence Administration and Monitoring

    18 September 2014
    Authorities & Government, Business & Finance

    The UK Ministers have approved plans allowing the Marine Management Organisation (MMO) to charge for work carried out on marine licence cases once consent has been given. The charges, which come into effect from 1 October 2014, relate to requests to change a marine licence once it has been granted (licence variations), and also to monitor […]

  • 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 […]