10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Oro Negro Orders Two Jack-Ups from Sembcorp (Singapore)

    7 December 2012
    Business & Finance

    Sembcorp Marine’s subsidiary, PPL Shipyard has secured two turnkey contracts with a combined value of US$434 million for the construction of two units of jack-up rigs from Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V. (“Oro Negro”). Scheduled for delivery in end 4th quarter 2013 and end 1st quarter 2014, the pair of high […]

  • HMS Queen Elizabeth Christened

    4 July 2014

    The Royal Navy’s new aircraft carrier, HMS Queen Elizabeth,  has been officially named by Her Majesty the Queen at a ceremony in Scotland.   The ceremony, held at Rosyth dockyard near Edinburgh, marks the completion of the flagship which is the largest ship built for the Royal Navy: With a height of 56 meters she […]

  • NDM secures contract with Kleven Verft

    30 July 2014
    Business & Finance, Equipment

    NDM has secured a new contract with Kleven Verft to supply deck machinery for their newbuilding 379, a MPSV for Malaysian based Joint Venture Company IES Pioneer Ltd. The contract for the new vessel is of the MT 6015 MPSV design, designed by Norwegian design company MarinTeknikk, and will be outfitted with a crane, helideck […]

  • Half of Walney Extension Officially in Hands of PKA and PFA

    10 November 2017
    Business & Finance

    Ørsted completed the divestment of 50% of its 659MW Walney Extension offshore wind farm to PKA and PFA today, 10 November.  

  • Governor Scott Highlights Importance of Investing in Environmental Programs

    24 October 2017
    Business & Finance

    Florida Governor Rick Scott announced yesterday that he will propose more than $1.7 billion to protect Florida’s environment as part of his 2018-2019 recommended budget. This $1.7 billion funding for the Florida Department of Environmental Protection (FDEP) is a more than $220 million increase over the current year. Governor Scott said: “People from across the […]

  • Tenders Invited for Balticconnector Seabed Surveys

    5 August 2016
    Project & Tenders

    Baltic Connector Oy in cooperation with Elering AS has invited tenders for the provision of seabed surveys for Balticconnector offshore pipeline. The Balticconnector project is a gas infrastructure project aiming to interconnect the Finnish and Estonian gas networks. The contract, worth EUR 3 million (approx. USD 4 million), covers geophysical and geotechnical seabed surveys for […]

  • Thai PTTEP gets to operate SK410B block in Malaysia

    21 July 2016
    Business & Finance

    Malaysia’s Petronas has awarded a Production Sharing Contract (PSC) to Thai PTTEP, Kuwait’s KUFPEC, and Malaysia’s Petronas Carigali Sdn Bhd for the exploration Block SK410B. The PSC was signed at Petronas Twin Towers, in the presence of the President and CEO of Petronas, Zulkiflee Wan Ariffin. Petronas was represented by its Executive Vice President Upstream, Mohd Anuar Taib, PTTEP by its President […]

  • Israel Electric to buy $700M worth of gas from Leviathan field

    13 June 2019
    Business & Finance

    Partners in the giant Leviathan gas field offshore have signed a $700 million gas supply agreement with Israel Electric.

  • Siemens Signs Turbine Order for Race Bank

    3 July 2015

    Siemens has received an order to supply, erect and commission 91 of its 6MW direct drive wind turbines at DONG Energy’s  580 MW Race Bank project. Installation of the turbines, with a rotor diameter of 154 meters, is to commence during the spring of 2017. This order is part of the frame agreement concluded between DONG Energy […]

  • EIB Mulls EUR 800 Million Loan for NordLink Interconnector

    2 November 2016
    Authorities & Government, Business & Finance, Environment, Storage

    Norwegian transmission system operator (TSO) Statnett and Germany’s DC Nordseekabel GmbH, a 50:50 joint venture between TenneT TSO and KfW, have applied for a EUR 800 million loan with the European Investment Bank (EIB) to partially fund the construction of the 1.4GW NordLink high voltage direct current (HVDC) interconnector between Norway and Germany. The EUR 2.1 […]

  • Norway Upstream Sector Thriving, Wood Mackenzie Report Says

    10 January 2013

    Wood Mackenzie’s annual review of the Norwegian upstream sector shows that the country’s oil and gas industry is thriving: 2012 was a record year for capital investment, M&A activity, and licences awarded. However, this was tempered by an underwhelming year for exploration and concerns about the sector overheating, as the ramp-up in activity on the […]

  • Damen and GustoMSC Set Up Jack-Up One Stop Shop

    2 May 2016
    Business & Finance, Operations & Maintenance, Technology

    The Damen Shipyards Group and GustoMSC have started collaborating in order to produce a range of self-propelled and non-self-propelled jack-up platforms for the offshore industries – the DG JACK range. The collaboration, announced at this year’s OTC in Houston, will be based on GustoMSC’s track record in the design of jack-ups and provision of jacking systems, combined with […]

  • Ireland to raise oil and gas tax

    23 October 2015

    Ireland will increase the maximum tax rate on oil and gas fields from 40% to 55%.  Ireland’s Minister for Finance, Michael Noonan T.D, on Thursday published Finance Bill 2015 that gives effects to taxation measures announced in Budget 2016. Following a review by the Department of Communications Energy and Natural Resources, the Bill introduces a “Petroleum […]

  • Chevron enables current CEO to remain longer in the role and unveils new CFO

    24 July 2023
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Chevron has disclosed a waiver of the mandatory retirement age for its current chairman and chief executive officer (CEO).

  • BAM, Van Oord JV Wins Hoevelaken Contract

    16 June 2015
    Business & Finance

    The Directorate General of Public Works (Rijkswaterstaat) has awarded the project to improve the Hoevelaken motorway interchange to the A1/28 joint venture established by BAM and Van Oord. The project will encompass improving the interchange as well as widening various motorways. Sand needed for the project will be taken from the IJsselmeer and the linked […]

  • Union Gas Seeks Expressions of Interest in New LNG Service

    19 February 2014

    Union Gas announced a non-binding call for expressions of interest in a proposed new natural gas liquefaction service at its Hagar Liquefied Natural Gas (LNG) facility near Sudbury, Ontario. The liquefaction service would be available as early as the third quarter of 2015 for customers seeking to use LNG as a transportation fuel. “This new […]

  • Chevron Orders Rosebank FPSO

    11 April 2013
    Business & Finance

    Chevron, a California-based oil and gas exploration and production company has, through its subsidiary Chevron North Sea Limited, ordered a Floating Production Storage Offloading unit from South Korea’s Hyundai Heavy Industries. Hyundai Heavy, one of the world’s largest shipbuilding companies, made an announcement on the Korea Exchange saying that the vessel will, once completed, be supplied […]

  • Latvian Shipping Company in Red

    27 November 2015
    Business & Finance

    Latvian Shipping Company (LSC) and its subsidiaries have recorded a loss of USD 1.41 million for the first nine months of the year. LSC said that this was primarily due to a loss arising from the reconsolidation of SIA “LASCO Investment” and its subsidiaries of USD 13.62 million. However, this year’s net loss has been […]

  • Flanders Port Training Center to Train Professionals in Chinese Maritime World

    1 November 2011
    Business & Finance

    Flanders Port Training Center, the training subsidiary of Antwerp Port Authority, has signed an agreement in Chongqing (China) to train professionals in the Chinese maritime world. The agreement was made with Chongqing International Freight Forwarders Association (CQIFA) and runs for a period of five years. “This agreement once more demonstrates the value that the international […]

  • VIDEO: ‘World’s largest semi-sub’ floats off

    21 October 2015
    Exploration & Production

    INPEX Corporation on Tuesday published a video that shows a launch of its Ichthys Project central processing facility (CPF) from the offshore floating dock at the Samsung Heavy Industries’ shipyard in Geoje, South Korea.  The INPEX-operated Ichthys LNG Project launched the CPF on September 19, 2015, claiming it to be the world’s largest semi-submersible. The construction began […]

  • Image of the Day: World’s First FLNG Gets All Topside Modules

    24 March 2015

    Daewoo Shipbuilding and Marine Engineering (DSME) shipyard located in Okpo, South Korea, has finished the installation of all (21) topside modules onboard the Petronas’ FLNG facility. September 22nd, 2014, marked the start of lifting of the first topside module for Petronas’ FLNG1, named FLNG SATU. The installation is another construction milestone for the facility, as […]

  • Forum Energy Gets SC72 Licence Extension, Philippines

    9 July 2014
    Business & Finance

    Forum Energy, the UK incorporated oil and gas exploration and production company with a focus on the Philippines, confirms that the Philippine Department of Energy has granted the Company’s request for an extension to the second sub-phase of Service Contract 72 (“SC72”). The deadline for completion of the second sub-phase, comprising the drilling of two […]

  • Questions Invited for Lake Decatur Dredging Project

    7 July 2014
    Business & Finance, Project & Tenders

    Decatur City Council and Great Lakes Dredge & Dock Corporation will today hold a meeting to discuss details about the future of Lake Decatur Dredging Basins 1-4 and Oakley Sediment Basin Rehabilitation Contract (City Project W1314). The meeting will allow residents to ask questions about the city’s $89 million dredging project and receive updates on the […]

  • Public Comment Requested on Grant County’s Shoreline Program

    16 June 2014
    Business & Finance

    A program to manage shorelines along six rivers and 80 lakes including portions of the Columbia River and Banks Lake within Grant County is open for comment through the Washington Department of Ecology. The locally tailored shoreline program is designed to help minimize environmental damage to shoreline areas, reserve appropriate areas for water-oriented uses, and […]

  • EXCLUSIVE: Jan De Nul Dredgers in Suez

    16 June 2015
    Business & Finance, Project & Tenders, Vessels

    The New Suez Canal project is well on schedule, with the opening ceremony set to take place on August 6. Jan De Nul six cutter suction dredgers working on site, together with 18 other dredgers of the Consortium partners, dredge 24/7 in order to deliver the New Suez Canal by August 2015. The Consortium, consisting of […]