10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Halliburton Nets $1.2 Bln in Q3

    20 October 2014
    Business & Finance, Operations & Maintenance

    Halliburton has recorded $1.2 billion in net earnings or $1.41 net income per share. This compares to income from continuing operations for the second quarter of 2014 of $776 million, or $0.91 per diluted share and $706 million or $0.79 per share a year earlier. Halliburton’s total revenue in the third quarter of 2014 was a record […]

  • The Netherlands: APM Terminals’ Q1 2013 Report

    21 May 2013
    Business & Finance

    The result for the period of first quarter of 2013 was affected by reduced volumes in North America and Western Europe, as well as reduced activity level in Inland Services, following the divestment of Maersk Equipment Service Company Inc., USA (MESC) in March 2012. Positive developments in terminals in high growth markets compensated for this. […]

  • ONC Teams Prepare for Third Cambridge Bay Expedition

    25 August 2014
    Business & Finance, Operations & Maintenance

    In September 2012, Ocean Networks Canada installed a community-based cabled seafloor observatory in Cambridge Bay, Nunavut—the first of its kind to be installed in Canada’s North. Each year, ONC teams travel to this northern hamlet for an important maintenance expedition to clean and upgrade the observatory infrastructure and instruments. It’s also a great opportunity to […]

  • Bergen Group Hanøytangen: Yard Stay for Island Innovator

    23 December 2012
    Business & Finance

    Bergen Group Hanøytangen has been awarded a Letter of Intent (LOI) from Marine Accurate Well ASA (Maracc) for yard stay and rig modification at Hanøytangen for the semi-submersible drilling and well intervention unit Island Innovator. The LOI comprises various yard services and commissioning work to be carried  out during the stay. Island Innovator is a newbuild […]

  • Russia: Zelenodolsk Shipyard Ends Year on High Note

    28 December 2011

    JSC Zelenodolsk Shipyard is successfully completing the yearly shipbuilding program. According to the yard’s director general Renat I. Mistakhov, the current year has been very fruitful and brought many contracts. Estimated income in 2011 would be RUR 10 bln (in 2010 – RUR 7.8 bln). Seventy percent of the shipyard’s products are being built for […]

  • Sunergy Announces Arrival of 3 Dredgers and Operating Equipment to Freetown (Sierra Leone)

    17 March 2011
    Business & Finance, Research & Development

      Sunergy, Inc today announces that the container with the 3 dredges and operating equipment has arrived in Freetown, Sierra Leone. This now sets the stage for operations to commence on the Company’s 140 sq. km. Pampana River Project once the shipment clears customs and is moved to the site. Company operations personnel have been […]

  • Western Marine Participates at German Trade Show in Dhaka

    31 October 2011

    Western Marine, a leading shipyard in Bangladesh, is participating in the three days German Trade Show beginning Oct 27, 2011 at the Bangabandhu International Conference Center Dhaka. Bangladesh German Chamber of Commerce and Industry has organized the trade show to boost trade and commerce between Bangladesh and German. Western Marine is showcasing its products Ice […]

  • Statoil Sells 10 Pct of Its Interest in Shah Deniz for $1.45 Bln

    6 May 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    On 1 May 2014 Statoil completed the farm down of 10% of its interest of 25.5% in the Shah Deniz Production Sharing Agreement and the South Caucasus Pipeline Company Limited to BP (3.33%) and SOCAR (6.67%). The consideration for the sale and transfer of these assets is USD 1.45 billion. The divestment that was announced […]

  • DryShips Bolsters Fleet with Kamsarmax Newbuilding

    14 June 2017
    Business & Finance

    Greek shipowner DryShips has taken delivery of its tenth ship so far this year, a 81,300 deadweight tons newbuilding re-sale Kamsarmax drybulk carrier. The newbuilding delivery pushed the company’s Kamsarmax fleet to five ships, which also include four second-hand vessels delivered in the second quarter of 2017. The company inked a deal in April to purchase three Kamsarmax drybulk […]

  • Nido Applies for SC 63 Extension (Philippines)

    26 November 2013

    Nido Petroleum Limited has confirmed that the SC 63 Joint Venture is awaiting approval of a 12 month extension from the Department of Energy (‘DOE’) in the Philippines for the current sub-phase. Sub-phase 2b once extended will expire on 23 November 2014. The Department has assured PNOC Exploration Corporation that the Joint Venture can continue with its preparations […]

  • Top news, July 18 – 24, 2016

    24 July 2016
    Business & Finance

    Tidal Energy Today has compiled the top news from tidal and wave energy industry from July 18 – 24, 2016.

  • Delays ahead for Allseas’ giant vessel

    8 September 2015

    The Pioneering Spirit, one of the largest vessels in the world, owned by the Swiss-based Allseas Group, will wait some more before embarking on its first contract. The 382-meter long giant is still in Rotterdam, undergoing the final outfitting, following the delivery from South Korea’s Daewoo Heavy Industries yard. The vessel reached the Netherlands in January […]

  • GE’s VF-AFE Power and Propulsion System Improves Efficiency

    6 May 2013

    GE’s Power Conversion business unveils a new power and propulsion system that reduces fuel consumption by controlling engine speed on platform support vessels at OTC. The Variable Frequency Active Front-End power and propulsion system, or VF-AFE, enables ship owners using conventional power system components to lower engine speeds when feasible, cut fuel consumption, and reduce […]

  • GE Showcases New Power and Propulsion System at OTC, USA

    7 May 2013
    Business & Finance

    GE’s Power Conversion business (GE) unveiled a new power and propulsion system that reduces fuel consumption by controlling engine speed on platform support vessels at OTC. The Variable Frequency Active Front-End power and propulsion system, or VF-AFE, enables ship owners using conventional power system components to lower engine speeds when feasible, cut fuel consumption, and […]

  • Philippines: DOTC Unveils Caminawit Port Development Project

    12 October 2012

    The Department of Transportation and Communications (DOTC) has lined up more development projects in the country in addition to a number of projects that it has earlier announced. The latest listing includes the Caminawit Port development project in San Jose, Occidental Mindoro and the construction of buildings for the Philippine Coast Guard (PCG) at the […]

  • Drewry: Container Rates to Rise after Hitting Bottom

    6 July 2016
    Business & Finance

    Container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, but this will not be sufficient to rescue the industry from substantial losses in 2016, according to shipping consultancy Drewry. Liner shipping has had a torrid time so far in 2016 with spot freight rate volatility reaching unprecedented levels, while […]

  • Norway: RXT Wins Kvitebjorn Field Survey Gig

    10 January 2012
    Business & Finance

    The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received an contract award for an Ocean Bottom Seismic (OBC) survey for the Kvitebjørn Field in Norway for Statoil. The main objective is to improve structural interpretation and achieve better illumination of fault planes to improve fault interpretation. The survey duration is estimated to be […]

  • Germany: HHLA Reports Increase in Revenue

    30 March 2012

    Hamburger Hafen und Logistik AG (HHLA) experienced above-average growth in its core markets in the 2011 financial year, increasing both its revenue and its results considerably. Container throughput rose by 21.3 percent to 7.1 million standard containers (TEU), and container transport went up by 11.3 percent to 1.9 million TEU. Revenue grew by 14.0 percent […]

  • APM Terminals Announces 2010 Results: USD 793 Million Profit

    23 February 2011
    Business & Finance

    APM Terminals operates a global network of 50 con¬tainer terminals and 120 inland facilities in 64 countries. During 2010, APM Terminals continued to focus on de¬velopment in emerging markets and portfolio manage¬ment to improve performance. The integration of inland activities into APM Terminals was a strategic step de¬signed to strengthen and expand client services. Equally […]

  • Panama Canal Discusses Expansion Program’s Progress

    7 September 2013
    Business & Finance, Equipment, Technology

    The Panama Canal Authority (ACP) has met with the Japanese Shipowners Association (JSA) and several car manufacturers in Japan, as part of the ongoing discussions with the vehicle carrier segment on the Expansion Program’s progress and future toll structure upon its completion. During the meetings, the Panama Canal provided an update on the Expansion Program […]

  • Malaysia: Bright Future for Westports, Official Says

    19 November 2012

    Westports Malaysia Sdn Bhd, operator of the country’s busiest port, still projects growth in its business for next year despite the gloomy global economy. Its chief executive officer Ruben Emir Gnanalingam said despite the global economic crisis and news of the European economy in recession, consumption worldwide was still increasing. Therefore, he said, Westports’ cargo […]

  • Vietnam: Hyundai Vinashin Shipyard Holds Keel Laying Ceremonies for 3 Vessels

    4 August 2011

    Today afternoon, 04 August, 2011, Keel Laying Ceremonies have been carried out for 3 vessels at once having Hull No. S059, S046 and S067. S059 – 60, 000 DWT Bulk Carrier- is the first ship ordered from Hyundai Merchant Marine Co., LTD (Korea), S046 – 56,000 DWT Bulk Carrier-is the first order from Geden Lines […]

  • Fayard Lands Upgrade Contract for Mærsk Gallant

    30 October 2013

    Continuing the long business relations Maersk Drilling placed the order for upgrading of the jack-up drilling rig Mærsk Gallant (built in 1993) with Fayard A/S located at the previous Lindø Yard in Munkebo, Funen. In competition with other Northern European shipyards, Fayard qualified for the fourth time for the renovation and conversion of one of […]

  • Fayard to Upgrade Jack-Up Drilling Rig ‘Mærsk Gallant’

    30 October 2013
    Business & Finance

    Continuing the long business relations Maersk Drilling placed the order for upgrading of the jack-up drilling rig Mærsk Gallant (built in 1993) with Fayard A/S located at the previous Lindø Yard in Munkebo, Funen. In competition with other Northern European shipyards, Fayard qualified for the fourth time for the renovation and conversion of one of […]

  • EY: UK oilfield services in a very tough place

    10 February 2016

    UK Oilfield Services (OFS) companies are predicted to experience a significant decline in turnover and profits, according to the latest industry analysis by EY. EY’s Review of the UK oilfield services industry showed that the sector proved resilient in 2014 and, despite growing at the slowest rate in five years, still recorded a modest 3% […]