10000 results found for 'otc 2014'

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

  • 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 […]

  • 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 […]

  • 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 […]

  • CTC presents new protective coating for marine renewables

    1 February 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Spanish-based research foundation Technological Centre of Components (Centro Tecnológico de Componentes – CTC) has presented an innovative coating said to be able to protect marine devices from corrosion for more than two decades.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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% […]

  • 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.

  • Sierra Leone: Three Dredgers and Operating Equipment Arrive in Freetown

    17 March 2011
    Vessels

      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 […]

  • UK: ConocoPhillips Aims to Extend Britannia Field Life with New LTC Module

    18 January 2012
    Business & Finance

    Wilton Engineering Services Limited (WESL), has been awarded a significant UK North Sea contract with international integrated energy company, ConocoPhillips. The award to fabricate the Long Term Compression (LTC) module for the Britannia field will create up to 100 new jobs with a further 150 sub-contract jobs taking the total to 250 jobs for Teesside. […]

  • Northland Power Cashing In Its Shares for Gemini OW Project

    25 February 2014
    Business & Finance

    Northland Power Inc. has decided to raise money for the investment in the Gemini offshore wind project by offering its shares to the public in Canada. The company announced yesterday that it has entered into an agreement with a syndicate of underwriters led by CIBC and BMO Capital Markets to issue to the public in […]

  • Platts: August LNG spot prices to Asia slide

    23 July 2015

    Prices of spot liquefied natural gas for August delivery to Asia averaged $7.395 per million British thermal units, according to latest Platts Japan/Korea Marker data for month-ahead delivery.

  • 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 […]

  • 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 […]

  • Germany: Fahrhafen Sassnitz GmbH Invites Tenders for Port of Sassnitz Expansion

    7 October 2011

    Fährhafen Sassnitz GmbH has announced tender for the expansion works on the Port of Sassnitz in Berths 3 and 4 under the first construction phase of the South port extension area. As part of the plan, the existing sheet piling boxes are provided with a concrete beam, the basin area filled with more soil and […]

  • Container Shipping Facing Choppy Waters

    8 November 2017

    The container shipping industry will have to ride out a bumpy period amid an anticipated seasonal decline in volumes spilling into the first quarter of next year and growing supply of ships. According to BIMCO, handling this will be a recurring seasonal challenge. “Bearing in mind that freight rates are still dropping in mid-October, so striking the […]

  • Brunei: Shell Extends Charter Contract for Dayang’s Workboat

    19 January 2012
    Business & Finance

    Dayang Group’s subsidiary, DESB Marine Service, has secured a contract extension worth RM85mil (27.3 million) for the charter of its workboat, Dayang Zamrud, for well Reservoir Management to Brunei Shell Petroleum Co Sdn Bhd. The new contract is from March 1 to Oct 31, 2016. “The contract extension is expected to contribute positively to the […]

  • Brunei: Dayang Secures Workboat Contract Extension with Shell

    19 January 2012

    Dayang Enterprise Holdings Bhd’s wholly owned subsidiary DESB Marine Services Sdn Bhd has obtained a contract extension worth RM85mil for the time charter of its workboat, Dayang Zamrud, for well Reservoir Management to Brunei Shell Petroleum Co Sdn Bhd. The new contract is from March 1 to Oct 31, 2016. “The contract extension is expected […]

  • HST Euan Ready for Northwester 2

    10 January 2020

    High Speed Transfers (HST) has taken over HST Euan, its fourth FCS 2710 class fast crew supply vessel, from Damen Shipyards. HST Euan, built by Damen Shipyards in Antalya, Turkey, is now ready for its voyage to Belgium, HST said. Once there, the vessel, and its sister HST Harri, will be deployed on the Northwester 2 […]

  • Chevron gets $1.6 billion from MOL for Azerbaijan assets

    17 April 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Oil major Chevron has sold its interest in assets offshore Azerbaijan to Hungary’s MOL for $1.57 billion.

  • ASME Recognizes Petroleum-Related Achievements

    7 June 2013
    Business & Finance

    ASME (American Society of Mechanical Engineers) has presented seven awards recognizing technical achievement and distinguished service in the field of petroleum-related mechanical engineering. Benton F. Baugh, the president of Baugh Consulting Engineers, Inc., received the 2013 Geoca Mechanical Engineering Achievement Award during a recognition ceremony held recently at the Offshore Technology Conference (OTC) in Houston. […]