10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • ICTSI’s Profit Sinks Despite Growth in Volume

    8 March 2016
    Business & Finance

    Manila-based container terminal owner and operator International Container Terminal Services Inc. (ICTSI) has posted a net income of USD 58.5 million for the full year of 2015, down by 68 percent compared to the USD 182 million earned in 2014. During 2015, the company handled a total of 7.8 million twenty-foot equivalent units (TEUs), a five […]

  • USA: Miami Port Dredging Project Will Boost Florida’s Economy, Says Official

    6 December 2011

    The whole concept of the Panama Canal widening makes Port of Miami the target area. Thoughtful consideration has been directed towards the $77 million that Gov. Rick Scott provided for the dredging of the harbor. However, this is only one of three leading projects that have been in the works for more than a decade. […]

  • Cheniere finalizes USD 1.5 bln equity investment for Corpus Christi with EIG

    16 January 2015
    Project & Tenders

    Houston-based LNG player Cheniere said that it has entered into a note purchase agreement with EIG Management Company.

  • Western HVDC Link Undersea Cable Installation to Start in October

    3 September 2014
    Business & Finance, Equipment, Operations & Maintenance

    Work on the installation of the Western HVDC Link undersea cable is due to start on the 5th October 2014 with expected completion by the end of October 2014, AWJ Marine informs. The cable laying vessel Atalanti will install and bury the shallow water section of the Western HVDC Cable from the Wirral shore and for about 36km along […]

  • Orca Exploration Announces Well Workovers Offshore Tanzania

    31 December 2010
    Project & Tenders

    Orca Exploration Group Inc. (“Orca” or “the Company”) has announced that it will perform workovers in 2011 on two Songo Songo offshore natural gas wells (SS-5 and SS-9). Recent routine testing of all five Songo Songo producing gas wells has determined that there is the need for some remedial work on the tubing. As a […]

  • Port of Antwerp Plans Another Giant Tidal Dock

    7 May 2015
    Business & Finance

    Belgium’s Port of Antwerp is planning to build another large tidal dock, this time on the right bank of the Scheldt river, which could potentially add further 11 million TEUs to the port’s annual container handling capacity. The Port of Antwerp recorded a 9.5% growth in container volumes in the first three months of 2015, compared to the same period in […]

  • 10 years of life as a Lidar, much of it offshore

    30 November 2019

    2010, ZephIR HQ, Worcestershire, U.K.:  the ZephIR 300 Lidar – a remote sensing wind measurement tool capable of collecting wind data remotely from its installed location by use of a infra-red laser – was born, following an 18 month product development program that focused on improving the ‘usability’ of remote sensing devices. The resultant product […]

  • 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 […]

  • 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 […]

  • India: Commission Approves Investment for Karnataka Flood Protection

    22 December 2011

    The Planning Commission has given Investment clearance for the scheme “Flood Protection works for River Banks of Ghatprabha River (Ch. Km 4.953 – Km 6.933) at Gokak Town of Belgaum District of Karnataka”. Estimated to cost Rs 34.07 crore, the project shall be completed by the financial year 2012-13 and Plan accounts would be closed […]

  • Denmark: Subsea 7 Announces $55m Pipeline Bundle Contract in the North Sea

    10 November 2010
    Business & Finance, Equipment

    Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announces the award of a contract in the Danish sector of the North Sea valued in excess of US $55 million. The Subsea 7 work scope is to engineer, procure, fabricate, install and commission a 2.2.km bundle* system. Included in […]

  • 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.

  • Austal to Design and Construct Three Catamarans for UK’s Turbine Transfers

    18 October 2012
    Business & Finance

    Reflecting its renewed competitiveness in the international market for small and medium sized commercial vessels, Austal has secured a new contract for the design and construction of three wind farm support vessels. The 27 metre catamarans will be used by UK-based Turbine Transfers to support wind turbine installation and maintenance activities in European waters. Austal […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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 […]