10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • ABS Issues First AIP for New Concept Offshore Renewable Energy Design (USA)

    18 August 2011
    Business & Finance

    Class society ABS has issued its first Approval in Principle (AIP) for a new concept renewable energy design in which a moored spar uses ammonia in a closed-cycle process to produce electrical power for a commercial utility grid. Unlike wind, tidal or solar power the advanced design for this Ocean Thermal Energy Conversion (OTEC) system […]

  • Court Freezes OTB Construction

    20 May 2016
    Authorities & Government, Environment

    The Administrative Court of the Free Hanseatic City of Bremen has decided to suspend the construction of the Offshore Terminal Bremerhaven (OTB), due to legal action taken against the project by the environmental organization BUND. Thereby, no construction works can be carried out at the OTB until further notice, the court said. However, this does not apply […]

  • Philippines: Tagpopongan Roro Port Now 50% Complete

    8 February 2011

    Philippine Ports Authority Port District Office-Southern Mindanao (PPA PDO-SoMin) Engineering Services Division (ESD) here recently announced that the construction of Tagpopongan Port is now half way through completion. According to the ESD Manager Engr. Asterio Gallardo, Jr., the said port project is now 50.94 percent accomplished as of December 25, 2010 and is ahead by […]

  • Norway: Statoil Selects Aibel for Troll Redevelopment

    19 September 2011
    Business & Finance

    Statoil has awarded Aibel a contract for modules and modifications for two new pre-compressors on the Troll A platform in the North Sea. The contract is worth an estimated NOK 2.7 billon (USD 478.4 million). Statoil and its partners in the Troll licence on the Norwegian continental shelf (NCS) decided last week to invest NOK […]

  • Repsol net income falls. Production rises despite interruptions in Libya

    26 February 2014

    Spanish Repsol posted a recurring net income of 1.823 billion euros for 2013, calculated at current cost of supply (CCS), 6.7% lower than the previous year. The company said that these earnings – that exclude atypical results and take into account replacement costs of raw materials and products – reflect Repsol’s ongoing business performance during […]

  • Breagh Start-Up Put Off Once Again (UK)

    16 November 2012

    Start-up of production from the Breagh gas field project in the UK, originally scheduled for the second quarter 2012, has been delayed once again. According to Sterling Resources, which owns a stake in the UK North Sea project, the operator RWE Dea has now set an earliest first production date of the end of March […]

  • Germany: Offshore Terminal Bremerhaven to Be Built

    7 December 2012
    Business & Finance

    Bremen’s Senate decided to ensure funding for building of the Offshore Terminal Bremerhaven (OTB) in an effort to achieve energy turnaround and create jobs. The Senate made the required landmark decision for project’s financing at a meeting on December 4, according to the press release published on its official website. Mayor Jens Böhrnsen said: “The […]

  • Petronas Awards Pan Malaysia Integrated Offshore Installation Contract

    13 December 2013
    Business & Finance, Equipment

    Petroliam Nasional Berhad (PETRONAS) has recently awarded the Pan Malaysia Integrated Offshore Installation Contract covering domestic upstream oil & gas offshore Transportation and Installation (T&I) activities for a period of three years commencing Year 2014. The contract, which was a competitive tender open to both local and international companies, involves the transportation and installation for […]

  • BIMCO: 2018 Is the Year of Opportunity for Dry Bulk Shipping

    21 February 2018
    Business & Finance

    The dry bulk shipping industry should be facing another year of improvement to the fundamental balance.

  • Bermuda: Frontline Completes Restructuring

    2 January 2012
    Business & Finance

    Frontline Ltd. announces that the restructuring of Frontline has been successfully completed. The major part of the restructuring consists of the following elements: Frontline has completed the sale of five VLCC newbuilding contracts, six modern VLCCs including one time charter agreement and four modern Suezmax tankers to Frontline 2012 Ltd. (“Frontline 2012”) at fair market […]

  • Seatrium picks Swiss player for work on Petrobras’ Brazil-bound FPSO pair

    10 June 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    ABB has received a large order from Singapore’s Seatrium to supply electrical equipment and automation solutions for a new generation of floating production storage and offloading (FPSO) vessels, destined to work for Brazil’s state-owned energy giant Petrobras.

  • Almaz Shipbuilding Hands Over Two Project 10412 Patrol Vessels to Vietnamese Navy

    25 October 2011

    Acceptance certificates of two Project 10412 patrol ships (serial numbers 044 and 045) built for Vietnamese Navy were signed on Oct 20 at Almaz Shipbuilding Firm. These are third and fourth hulls of Project 10410 Svetlyak export version. First two ships were delivered to Vietnam in 2002. Both ships were laid down on one day […]

  • Repsol 2013 Net Income Down

    26 February 2014

    Repsol posted a recurring net income of 1.823 billion euros for 2013, calculated at current cost of supply (CCS), 6.7% lower than the previous year. These earnings – that exclude atypical results and take into account replacement costs of raw materials and products – reflect Repsol’s ongoing business performance during a period marked by a […]

  • New Zealand Navy to Get New Dive and Hydrographic Vessel

    23 August 2018
    Project & Tenders

    New Zealand Government has approved the purchase of a dive and hydrographic support vessel for the Royal New Zealand Navy. An 85-meter Norwegian built multi-role offshore support vessel, the MV Edda Fonn, will be purchased to fill an existing capability gap. Following purchase, the Edda Fonn will be outfitted with the dive and hydrographic systems required by the Defence […]

  • Hutchison Ports Opens Thailand’s Largest Deep-Sea Container Terminal

    1 February 2019
    Business & Finance

    Hutchison Ports Thailand has officially opened Terminal D at Laem Chabang Port.

  • Germany: TenneT Seeks Contractor for OWF Underwater Ordnance Disposal Services

    22 February 2013
    Business & Finance, Project & Tenders

    TenneT Offshore GmbH is seeking a contractor to provide underwater ordnance disposal services for an offshore wind farm. The work is expected to be completed by July 01, 2014. The work covers evacuation of munitions along the proposed submarine cable route to connect the Nordergründe offshore wind farm. The 28 km long route runs along […]

  • Germany: TenneT Needs Underwater Ordnance Disposal Services

    22 February 2013
    Storage

    TenneT Offshore GmbH is seeking a contractor to provide underwater ordnance disposal services for an offshore wind farm. The work is expected to be completed by July 01, 2014. The work covers evacuation of munitions along the proposed submarine cable route to connect the Nordergründe offshore wind farm. The 28 km long route runs along […]

  • Singapore: Pasir Panjang Terminal Project to Begin Next Month

    23 September 2010

    Maritime and Port Authority of Singapore announces a revision of dredging working area and working period at Pasir Panjang Terminal, Pasir Panjang Wharves and at the western part of Singapore waters, with effect from 26 Oct 2010 to 25 Apr 2011. The reclamation works will involve dredging by Queen of Penta Ocean (TSHD) at Area […]

  • Petrofac Strikes Oil at Cendor, Malaysia

    2 May 2013

    Malaysia’s oil giant Petronas has announced the successful drilling of Cendor Graben-2 appraisal well within Block PM304 offshore Peninsula Malaysia. The well was drilled to a depth of over 1,000 metres and confirmed the presence of oil and some gas-bearing reservoirs. Drilling was undertaken by Petrofac (Malaysia PM304) Ltd, the operator for Block PM304, together […]

  • Eni Releases New World Oil and Gas Review, Italy

    4 October 2012

    Eni presents the eleventh edition of the World Oil and Gas Review, a worldwide statistical review on oil and natural gas reserves, production, consumption, exports and imports. In 2011, oil reserves grew by 3.6% due to successful exploration in new reservoirs and the better knowledge of producing fields. Since 1995, the proven reserves have increased […]

  • US Coast Guard Ice Breaker to Assist Ships Beset in Ice in Antarctica

    6 January 2014
    Business & Finance

    The Australian Maritime Safety Authority’s Rescue Coordination Centre (RCC Australia) requested, on Saturday, the US Coast Guard’s Polar Star icebreaker to assist the vessels MV Akademik Shokalskiy and Xue Long which are beset by ice in Commonwealth Bay.  The US Coast Guard has accepted this request and will make Polar Star available to assist. The […]

  • Japan: Tokyo Gas August Sales Rise 0.3 Percent Y/Y

    14 September 2011

    Total gas sales volume by Tokyo Gas Co., Ltd., for the month of August 2011 came to about 1,031.738 million m3, increased by 3.389 million m3 (+0.3%) from August 2010. In the residential sector, volume totaled 127.853 million m3, up 1.6% from August 2010, owing to the increased demand for water-heating due to lower average […]

  • In-Depth Forecast of China Offshore (Marine) Engineering Market, 2013

    30 December 2013

    As for the current industrial layout of the international marine engineering equipment, in terms of the general contracting and design, at present, the large marine engineering companies and design companies from the US, Norway, France, Australia etc., still occupy the leading position. In terms of total construction capability, by virtue of their own advantages in […]

  • TGS Expects Q3 Revenues At $141M

    8 October 2018
    Business & Finance

    Geophysical contractor TGS has said that based on preliminary reporting from its operating units, the company management expects net revenues for the third quarter of 2018 to be approximately USD 141 million. The Oslo-listed firm generated relatively flat result during the corresponding period in 2107 with USD 141.6 million. However, net late sales hiked during […]

  • Spotted: Hanseatic Returns to Northeast Passage

    9 September 2016
    Business & Finance

    MV Hanseatic, one of Hapag-Lloyd Cruises’s two expedition vessels, navigated once again the Northeast Passage on September 7, 2016, when the ship rounded Cape Dezhnev in Russia.  The Northeast Passage is a sea route in the Arctic Ocean, which runs along the north coasts of Asia and Europe, from the Bering Strait to the White Sea. The vessel departed […]