10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • CMA CGM Danube Ready to Hit High Seas

    27 June 2014
    Business & Finance

    The maiden voyage of the CMA CGM Danube will begin on June 30, 2014 in China, CMA CGM Group announced. The 9,400 TEU ship is the first of a series of 28 ships from 9,400 to 10,900 TEU which will be delivered from now to the third quarter of 2016. Sailing under the Malta’s flag […]

  • Subsea 7 to Axe 11 Vessels and 2500 Jobs

    12 May 2015
    Business & Finance, Operations & Maintenance

    Subsea 7 has informed that a programme of cost reduction measures will be implemented including a re-sizing of the fleet and workforce, and the restructuring of its corporate organisation. According to the company’s filing to Oslo Stock Exchange, this decision comes in view of the difficult business and economic conditions in the oil and gas market and declining […]

  • Oil Search: Quarterly Report to 31 December 2010 (Papua New Guinea)

    25 January 2011

    Oil Search today announced activities report for the quarter ended 31 December 2010. Commenting on the quarter, Managing Director, Peter Botten, said: PNG LNG Project “Work on the PNG LNG Project in the fourth quarter continued to focus on preparing the various key Project sites and on the construction of essential support infrastructure. By the […]

  • Overseas Shipholding Cuts Loss in Q3

    10 November 2017
    Business & Finance

    NYSE-listed Overseas Shipholding Group (OSG) managed to narrow its net loss to USD 6.3 million in the third quarter of this year from USD 98.7 million reported in the corresponding period of 2016.  Shipping revenues were USD 93.3 million for the quarter, down 18.3% compared with the third quarter of 2016. The decrease in shipping […]

  • Rio Grande Shipyard Completes Platform P-55 (Brazil)

    8 October 2013
    Business & Finance

    Platform P-55 left the Rio Grande Shipyard 1 (ERG-1), in the city of Rio Grande (state of Rio Grande do Sul), on Sunday (Oct. 6), after the completion of the platform’s module integration and commissioning services and of the testing and inspections required to secure the needed certifications. The semi-submersible P-55 is among the nine […]

  • SBM Offshore allocates $240M for potential bribery settlement

    7 August 2014

    SBM Offshore, the world’s largest provider of floating production storage and offloading units, has set aside $240 million it may have to give away in a potential bribery settlement case. The company has been accused of bribery and improper sales practices involving third parties in Angola, Equatorial Guinea and Brazil. SBM Offshore, which in 2012 initiated an […]

  • Royal Caribbean Cuts Steel for Third Oasis-Class Ship

    23 September 2013
    Business & Finance

    Royal Caribbean International cut the first piece of steel today for its third Oasis-class ship, marking the first construction milestone for a vessel that, at approximately 227,700 GRT, will be the world’s largest and most innovative cruise ship. Royal Caribbean Cruises, Ltd.’s Chairman and Chief Executive Officer, Richard D. Fain and Royal Caribbean International President […]

  • WorleyParsons position itself for medium term growth

    26 February 2014
    Business & Finance

    Professional services company WorleyParsons Limited announced statutory (NPAT) of $112.1 million and underlying NPAT of $100.7 million for the six months to 31 December 2013.  This was in line with guidance issued in November 2013 and is down 35% on the previous corresponding period. Revenue and EBIT were down across the Australian business due to […]

  • Nordex Expects Profitable Growth in 2012 (Germany)

    14 November 2011
    Business & Finance

    The Nordex Group achieved an increase of roughly 9 percent in sales to EUR 668.2 million in the first nine months of 2011 (previous year: EUR 614.2 million). At EUR 264.9 million, sales in the third quarter were on a par with the previous year. Growth in the first nine months was driven by the […]

  • ConocoPhillips to Sell Interest in Kashagan to ONGC, Kazakhstan

    27 November 2012

    ConocoPhillips announced that it has notified government authorities in Kazakhstan and its co-venturers of the company’s intent to sell its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited. Subject to various government approvals, Kazakhstan state preemption rights and co-venturers’ preemption rights, ONGC Videsh Limited, the international arm […]

  • Swansea Bay tidal lagoon construction delayed until 2018

    29 December 2016
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    The construction of the Swansea Bay tidal lagoon project has been delayed until 2018 as talks with the UK government over subsidies continue.

  • European Construction Companies Show Interests in Danish-German Tunnel

    21 January 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Companies from Denmark, Germany and across Europe showed strong interest in the two new contracts for the Fehmarnbelt tunnel at the Industry Day hosted by Femern A/S. More than 400 participants representing more than 200 companies met together in Copenhagen on 21 January 2014 to learn more about the two upcoming tender packages from Femern […]

  • Höegh LNG Nets USD 223 Mln to Finance New FSRU

    29 February 2016
    Business & Finance

    Oslo-listed owner and operator of floating LNG import terminals, Höegh LNG Holdings, has received commitment letters for a USD 223 million bank financing for FSRU#7, scheduled for delivery by the end of the first quarter of 2017, the company said. The financing is available to fund 65% of the delivered cost with a fifteen year […]

  • Jacket Installation Resumes at Beatrice Offshore Wind Farm

    14 November 2017

    Seaway Heavy Lifting’s (SHL) vessel Oleg Strashnov will return to the Beatrice site on 16 November and will continue installing jacket foundations until mid-December, when it will leave the site once again and SHL’s vessel Stanislav Yudin will take over. 

  • Malaysia: Coastal Group Receives Order for Ten OSVs

    11 July 2012
    Business & Finance

    Coastal Contracts Bhd announced on July 9 that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd, Thaumas Marine Ltd and Pleasant Engineering Sdn Bhd, have collectively secured contracts for the sale of ten units offshore support vessels (“OSV”) and two units low-end vessels for an aggregate value of approximately RM446 million. Among the ten OSV […]

  • UK: Nexen Receives Approval for Golden Eagle Area Development

    27 October 2011
    Business & Finance, Operations & Maintenance

    Nexen Petroleum UK Ltd., a subsidiary of Nexen Inc., announced it has received approval from the UK Department of Energy and Climate Change (DECC) to proceed with the Golden Eagle area development – a GBP 2 billion (C$3.3 billion) investment (GBP 750 million net to Nexen) that is expected to produce an estimated 140 million […]

  • USA: Buccaneer Energy Starts Production from Kenai Loop 4

    13 February 2013

    Buccaneer Energy said that production from its 100% owned Kenai Loop # 4 well commenced on Sunday 10 February 2013. The Kenai Loop # 4 well is currently producing at an initial rate of 2.0 million cubic feet per day (MMCFD). The long term deliverable production rate from the Kenai Loop # 4 well is […]

  • Infographic: European Offshore Wind Trends and Statistics in 2016

    2 August 2016
    Authorities & Government, Business & Finance, Research & Development

    WindEurope has created an infographic which details the latest trends and developments within the offshore wind industry in Europe in the first half of 2016. The infographic is a visual representation of some of the findings WindEurope published recently in a report titled ‘The European offshore wind industry, Key trends and statistics 1st half 2016.’ According to the report, Europe’s offshore […]

  • SBM Offshore: FPSO Cidade de Marica arrives in Brazil, moors at Brasa

    10 July 2015

    SBM Offshore, the world’s largest provider of FPSO units, informed that the FPSO Cidade de Maricá has moored at Brasa shipyard in Brazil.  The SBM Offshore vessel berthed at the Niteroi, Rio de Janeiro-based yard on July 9, 2015. The vessel had arrived in Brazilian waters mid-June, following her 10,625 Nm (19,678 Km) voyage from China. FPSO Cidade […]

  • EU States Urged to Step Up Harmonization of Reporting for Vessels

    26 June 2014

    The European Commission has called EU Member States to step up efforts for  simplification and harmonisation of the current reporting procedures for vessels to become reality. Namely, the EC has adopted the report on the functioning of the reporting formalities directive (Directive 2010/65). The Directive aims to ensure that by June 2015 vessels entering or […]

  • Santos GLNG pipeline gets first gas

    14 October 2014

    Santos GLNG has fed natural gas into its 420-kilometre gas transmission pipeline for the first time via its primary compressor station in the Fairview field in south-west Queensland. Santos Vice President Downstream GLNG Rod Duke said that this was another important step towards Santos GLNG’s first shipment of liquefied natural gas from Gladstone Harbour next year. […]

  • Chevron Awards Lianzi Field Topside Contract to Subsea 7

    4 December 2012
    Business & Finance

    Subsea 7 S.A. has been awarded an EPCI topside contract valued at approximately $150 million from Chevron for the development of the Lianzi field offshore the Republic of Congo and Angola. The scope of work includes a 200mT module hosting a high voltage generation system for the new subsea Direct Electrically Heated pipeline cable, a […]

  • MHI and NEC to Collaborate on Energy Saving Technology

    11 November 2013
    Business & Finance

    Mitsubishi Heavy Industries, Ltd. (MHI) and NEC Corporation will collaborate in the development of an “Energy Demand Forecast System for Ships” applying NEC’s big data analysis technologies to achieve energy savings during ship navigation. Plans call for MHI to begin marketing the system by the end of the 2014 fiscal year ending March 2015. The […]

  • Denmark: Aarhus University’s New Research Vessel Takes Shape

    5 March 2013
    Business & Finance

    The keel has been laid, the course has been set and the Aurora is taking shape at the shipyard. The new ultra-modern research vessel will be ready to embark on expeditions by summer 2014. Aurora is the Roman goddess of the dawn. She renews herself every morning. Her brother is the sun and her sister […]

  • Green Dragon Gas: Production Up by 55 Pct (China)

    22 January 2013

    Green Dragon Gas Ltd., one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China, announced an operations update to 31 December 2012. Upstream Year on year growth of 55% achieved in annualized year end production of 2.6 BcfPY (201,785 cubic meters/day) compared […]