10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • ConocoPhillips slumps to $1.1 billion loss, cuts spending

    28 July 2016
    Business & Finance

    Independent oil and gas company ConocoPhillips reported a $1.1 billion loss during the second quarter of 2016 and decided to once again cut its capex.  The oil company posted a second-quarter 2016 net loss of $1.1 billion, compared with a second-quarter 2015 net loss of $179 million. Excluding special items, second-quarter 2016 adjusted earnings were […]

  • GDF Suez Inks EUR 5 Billion Credit Line

    4 April 2014

    LNG player GDF Suez said it has signed a five-year €5 billion multi-currency credit line with a syndicate of 25 banks. The 5 year facility, which includes two one-year extension options, will be used for early refinancing of two undrawn credit lines expiring in 2014 and 2015. GDF Suez was able to seize particularly favorable […]

  • Cecon Installs Pipelines and Umbilicals Offshore Nigeria

    13 April 2012
    Business & Finance, Equipment

    End March Cecon has completed the installation of four flexible pipelines and umbilical’s for Broron Oil & Gas/Addax Petroleum in waters offshore Nigeria, West Africa. The project was initially awarded (Oct 2011) to Cecon ASA as a fast-track subsea tieback project for the management, transport, installation and tie-ins of two flexible pipelines and two umbilicals […]

  • MacGregor to Supply SWL Subsea Crane for COSL’s New AHTS

    25 February 2014
    Business & Finance, Equipment

    MacGregor, part of Cargotec, has secured an order from Wuchang Shipbuilding Industry for a 100-tonne SWL active heave-compensated subsea crane. The MacGregor crane will be installed on the anchor handling tug supply (AHTS) vessel, currently under construction for the offshore specialist, China Oilfield Services Limited (COSL). Wuchang Shipbuilding Industry, a subsidiary of one of China’s […]

  • MacGregor Bags Subsea Crane Order

    25 February 2014

    MacGregor, part of Cargotec, has secured an order from Wuchang Shipbuilding Industry for a 100-tonne SWL active heave-compensated subsea crane. The MacGregor crane will be installed on the anchor handling tug supply (AHTS) vessel, currently under construction for the offshore specialist, China Oilfield Services Limited (COSL). Wuchang Shipbuilding Industry, a subsidiary of one of China’s […]

  • Sweden: EU to Invest in Port of Stockholm Redevelopment

    25 March 2014
    Business & Finance, Equipment, Technology

    The European Union will co-finance with over €14 million from the TEN-T Programme, a project to revamp the infrastructure of the Port of Stockholm in Sweden and contribute to the realisation of the “Nordic Triangle” (TEN-T Priority Project 12). The project, which was selected for funding under the 2012 TEN-T Annual Programme, concerns the redevelopment […]

  • Comments Invited for Prosser’s Shoreline Plan

    26 January 2015
    Business & Finance

    A program to manage about four miles of Yakima River shoreline within the city of Prosser is open for comment through the Washington Department of Ecology. The proposed shoreline program will guide construction and development along Prosser’s shoreline. It combines local plans for future development and preservation with new development ordinances and related permitting requirements. […]

  • Date Set for Navingo Maritime & Offshore Career Event 2015

    11 September 2014
    Business & Finance

    The 9th annual Navingo Maritime & Offshore Career Event (MOCE) will be held on Wednesday 22 April 2015 at the Beurs World Trade Center in Rotterdam. During the 2014 event the organizer, Navingo BV, welcomed 4.449 visitors and 131 exhibitors, making this the most comprehensive career event in maritime and offshore industry. In 2015, the […]

  • UAE: New Capacity at Jebel Ali to Support Dubai’s Growth

    29 October 2012
    Business & Finance

    DP World Chairman HE Sultan Ahmed Bin Sulayem welcomed progress on the expansion at Jebel Ali Port, which includes the brand new $850 million Terminal 3, saying it was crucial in supporting the growth of Dubai and the wider Middle East, Africa and Subcontinent region. Mr Bin Sulayem’s comments came as he inspected the construction […]

  • Two Contracts for Rowan Gorilla IV Rig

    21 May 2013
    Business & Finance

    Rowan Companies plc, a U.S.-based drilling contractor specialising in high-specification jack-up rigs, today announced it has secured more work for its Gorilla IV rig in the U.S. Gulf of Mexico. In its fleet contract status update the company revealed that Walter Oil & Gas has awarded a six month contract extension for the rig on a […]

  • Ship Operating Costs Set to Rise in 2018 and 2019

    26 October 2018
    Business & Finance

    Moore Stephens: Total vessel operating costs are expected to rise by 2.7% in 2018 and by 3.1% in 2019.

  • Philippines energy mix plans might open door for new LNG imports

    1 October 2014

    The Philippines said it will turn to natural gas in its energy mix to increase the share to a third over the next 16 years which would open doors for LNG imports.  This new market would be welcomed by the major LNG producers such as Chevron and Total who face uncertainty over long-term demand from […]

  • Mingde Heavy Splashes XINHUI EXPRESS

    23 October 2013

    Mingde Heavy Industry, on Oct. 21st, carried out the launching ceremony for Singapore-based Nova Shipping & Logistics’ second wood chip carrier, the XINHUI EXPRESS (Yard No. MD146). The vessel features 51,800 tons of Gross tonnage and a DWT of 69,300 tons. Compared with other similar bulk ships, the ‘XINHUI EXPRESS’ possesses the characteristics of large capacity, […]

  • Offshore Terminal Bremerhaven Enters Ordnance Survey Phase

    26 February 2016

    The Offshore Terminal Bremerhaven (OTB) has entered into a new construction phase with teams on board four ships looking for and clearing ordnance and other disruptive materials from the Weser’s riverbed. The teams have cleared 25 suspicious items this week alone, but no weapons or ammunition thus far. The EUR 3.5 million project to clear the subsea ordnance […]

  • BP on energy markets: Long-term shifts underway

    13 June 2017

    BP has released its 66th annual review of world energy markets. Energy demand was low, renewables grew, coal lost a large share, and gas production grew very slowly, and oil consumption grew strongly.   The oil and gas company said the review of 2016 demonstrates the long-term transitions now underway in the markets, with a […]

  • Gazprom getting ready to provide gas supplies during winter

    21 October 2014

    The Gazprom Management Committee examined the Unified Gas Supply System (UGSS) availability for peak loads in autumn/winter 2014–2015 and addressed steps to be taken over the long term for securing continuous gas supply to consumers during the winter period. “The meeting pointed out that Gazprom’s comprehensive efforts aimed at the preparations for the coming autumn/winter period, which the Hydrometcenter forecasts […]

  • Panama Canal Discusses Expansion Program’s Progress (Japan)

    9 September 2013
    Business & Finance

    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 […]

  • China: SENER, CSDDC and CSOC to Design 75 m Fishing Vessel for CNFC

    16 February 2012

    SENER has signed a contract in Shanghai with CSDDC (China Ship Development and Design Center) and CSOC (China Shipbuilding & Offshore International Co. Ltd) for the joint design of a pelagic and bottom stern trawler. Once built, the fishing vessel will be operated by the company CNFC (China National Fisheries Corporation) in the fishing-grounds of […]

  • First Marine Engineering Contract in China for SENER

    16 February 2012
    Business & Finance

    SENER has signed a contract in Shanghai with CSDDC (China Ship Development and Design Center) and CSOC (China Shipbuilding & Offshore International Co. Ltd) for the joint design of a pelagic and bottom stern trawler. Once built, the fishing vessel will be operated by the company CNFC (China National Fisheries Corporation) in the fishing-grounds of […]

  • Martin Gilbert named chair of OGTC

    1 June 2020
    Equipment, Human Capital, Innovation, Research & Development, Technology, Transition

    The Oil & Gas Technology Centre (OGTC) has appointed Martin Gilbert as chair of the Aberdeen-based research and technology organisation. He will succeed Archie Kennedy who has been vice chair and chair of the OGTC since 2017. The OGTC was established in 2016 with £180 million of funding as part of the Aberdeen City Region […]

  • Afai Southern to Build Two High Speed Catamarans (China)

    17 October 2012
    Business & Finance

    Afai Southern Shipyard (Panyu Guangzhou) Ltd. has signed construction contract for two 40m aluminum high speed catamaran ferries with Shenzhen Pengxing Shipping Co.,Ltd. in Shenzhen. The basic design and detailed design of this type of ferry will be made by CoCo Yachts Holland B.V., the supplementary approval design and production design will be done by […]

  • Mingde Heavy Floats Out ‘Xinhui Express’ Carrier

    23 October 2013
    Business & Finance

    Mingde Heavy Industry, on Oct. 21st, carried out the launching ceremony for Singapore-based Nova Shipping & Logistics’ second wood chip carrier, the XINHUI EXPRESS (Yard No. MD146). The vessel features 51,800 tons of Gross tonnage and a DWT of 69,300 tons. Compared with other similar bulk ships, the ‘XINHUI EXPRESS’ possesses the characteristics of large capacity, […]

  • Baltic Acquires New Ultramax Vessels from Yangfan

    14 November 2013

    Baltic Trading Limited has agreed to acquire two 64,000 dwt Ultramax newbuildings for an aggregate purchase price of $56.0 million. The company also has an option exercisable in January 2014 to acquire two additional Ultramax newbuildings under the same specifications and purchase price. The four eco-design vessels will be built by Yangfan Group Co., Ltd. […]

  • Petronas spuds Midleton prospect off Ireland

    30 July 2015
    Exploration & Production, Project & Tenders

    PSE Seven Heads Limited, the operator of SEL 4/07, and a subsidiary of PSE Kinsale Energy Limited, which is in turn a subsidiary of Malaysia’s Petronas, has started drilling operations on the Midleton prospect in the Celtic Sea, offshore Ireland. Kinsale Energy holds an 80% interest in SEL 4/07, with Lansdowne holding the remaining 20%. […]

  • Brazil: OSX Receives USD 228 Million Loan for Super Shipyard

    11 January 2012
    Business & Finance

    OSX, an EBX Group company focused in providing equipment and services for the offshore oil and gas industry, has received a USD 227.9 million loan for the funding of the construction of the Açu Shipbuilding Unit (UCN Açu), which will, once it is completed, be the largest shipyard in the Americas. The construction of the […]