10000 results found for 'otc 2014'

10000 results found for 'otc 2014'
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  • Swedish, Finnish Ports Target EU Funding

    25 February 2015
    Business & Finance

    Five Swedish and Finnish ports have this week submitted applications for EU funding within the 2014 CEF Transport Calls for Proposals. The cooperation, backed by both the Swedish and the Finnish Government, is aimed at improved port infrastructure and environmental services. Four Finnish TEN-T core ports – Turku, Helsinki, Naantali and HaminaKotka – together with […]

  • Qatar: Offshore Middle East Announces Inclusion of Student Paper Program at 2013 Event

    14 November 2011
    Business & Finance

    Offshore Middle East has announced the inclusion of the inaugural Student Paper Program at the 2013 event taking place in Doha, Qatar on January 21-23, 2013. The purpose of the program is to showcase regional engineering talent and student development in regional universities. The program also serves to bring together university students with technical experts […]

  • BIMCO: More US Coal Exports to Aid Dry Bulk Market

    8 August 2017
    Business & Finance

    US seaborne coal exports have turned years of negative growth around and seem to be climbing for a third quarter in a row, according to BIMCO. The increase is driven by a growing demand from European importers. East Asian buyers have also ramped up their import of US coal, which is beneficial for the dry […]

  • Norfolk Vanguard DCO Decision Delayed

    12 December 2019
    Authorities & Government

    The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) has postponed the decision deadline for a Development Consent Order (DCO) related to Vattenfall’s 1.8GW Norfolk Vanguard offshore wind project. The Secretary of State originally had until 10 December to issue a DCO decision. The statement confirming the new deadline for a decision […]

  • Dredging in India Event Takes Place This Week

    5 September 2018
    Business & Finance

    The India Infrastructure Publishing Pvt. Ltd. has announced that their 9th annual conference on ‘Dredging in India’ will take place on September 6-7, 2018, at ITC Maratha, Mumbai. The mission of this conference is to highlight the trends and opportunities in the sector and discuss the key challenges. It will also showcase some of the […]

  • Prosperity FPSO arrives in Keppel’s Singapore yard

    12 August 2021
    Business Developments & Projects, Project & Tenders

    The hull for the Prosperity FPSO, the third production unit to operate offshore Guyana once completed, has arrived at the Keppel yard in Singapore.

  • Otto Energy Gets SC55 Stake Approved by DOE

    14 March 2014
    Business & Finance, Project & Tenders

    Otto Energy Limited announced that the DOE has approved the reassignment of 60% equity in SC55 from BHP Billiton Petroleum (Philippines) Corporation to Otto, taking Otto’s interest to 93.18%. A separate announcement on revisions to the work commitment timing is expected to be released shortly once correspondence is received from the DOE. The Sub-Phase 4 […]

  • Rand Takes a Danish Flagged Chemical Tanker

    14 March 2014
    Business & Finance

    Rand Logistics, Inc. today announced the acquisition of a Danish flagged chemical tanker that will be converted to a Canadian flagged river class self-unloader vessel. The new vessel will support recent new long-term contract awards which begin in April 2015. The acquisition and conversion of this vessel is consistent with Rand’s strategy of remaining the […]

  • Premier: Catcher FPSO sailaway imminent. Production target lifted

    24 August 2017
    Infrastructure

    Premier Oil, a UK independent, has lifted its full year production target as the sailaway date of the Catcher FPSO approaches. During the first half of the year, Premier had a record production of 82.1 kboepd, up 34.5 per cent on the first half of 2016. Strong production in the first half, and the expected […]

  • USA: Navy Provides Updated Repair Cost Estimate for USS Miami

    23 August 2012

    The Navy’s revised cost estimate to restore USS Miami (SSN 755) is approximately $450 million, with an estimated date of completion for the repairs of April 30, 2015 officials announced Aug. 22. The estimate includes 10 percent variability due to the unique nature of the repair and the cost impacts of shifting the planned maintenance […]

  • India: Vasan Hosts High-Level Belgian Delegation

    28 November 2013
    Business & Finance

    The Union Minister of Shipping Shri G.K. Vasan has said that the Indian government is making continuous efforts to attract investments in the ports sector for the augmentation of Indian tonnage. He was speaking at a meeting with a high level Belgian delegation in Mumbai yesterday. Over 300 member delegation comprises Her Royal Highness, Princess […]

  • Eldepasco chooses Vestas (Belgium)

    5 September 2010
    Business & Finance, Research & Development

    The offshore company Eldepasco chooses Vestas Offshore A/S as its preferred negotiating partner for the delivery and maintenance of wind turbines for the third offshore wind farm in the Belgian sector of the North Sea. With this move, it takes a significant step towards realizing the project. If, before long, the financing too can be […]

  • 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 […]

  • OMV expands into Namibian waters

    3 April 2014
    Business & Finance, Project & Tenders

    OMV is taking the next step to expand its exploration business in Sub-Saharan Africa by entering an offshore exploration project in Namibia. This is the third major milestone to build up a significant exploration position in the region after acquiring interests in Madagascar and Gabon in 2013. OMV CEO Gerhard Roiss said: “OMV is well […]

  • Subsea 7 wields axe. 2.500 workers set to lose job

    12 May 2015
    Business & Finance

    Subsea 7 S.A., a provider of offshore construction and support vessels to the oil and gas industry, is looking to lay off workers and reduce fleet in response to the challenging business environment for the oil and gas supply chain sector. In a statement issued today, the company said that due to declining workload it will […]

  • Port of Long Beach Reports Best Quarter in 104 Years

    13 October 2015
    Business & Finance

    The Port of Long Beach reported that the quarter ended September 30 was the busiest in its 104-year history, driven mostly by record cargo volumes in July and August, as well as the port’s busiest September ever.  Measured by individual containers of freight, cargo volume at the Port of Long Beach climbed 4.1 percent in September […]

  • 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 […]

  • 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 […]

  • Carnival Corp Sees Strong Start to the Year

    23 March 2018
    Business & Finance

    Carnival Corp is off to a strong start to 2018 with a GAAP net income of USD 391 million seen in the first quarter.

  • USA: BAE Systems’ Mobile Shipyard Launches Chemical Tanker American Phoenix

    19 July 2012

    BAE Systems in Mobile, Alabama joined with Mid Ocean Tanker Company (MOTC) to complete and commission the American Phoenix, a U.S.-flagged, Jones Act-qualified chemical tanker. Measuring 616 feet long and 105 feet wide, the American Phoenix is the largest vessel ever built and launched in the State of Alabama. It has a laden draft of […]

  • South Korea: DSME Receives ‘AAA Rating’ in Sustainability Management

    1 March 2013

    DSME once again received the AAA rating from the top sustainability management company. The AAA rating is the highest grade awarded in the industry. According to the ‘2012 company sustainability performance report’ published by Eco-frontier, an intangible value assessment company, DSME received the AAA rating. Eco-frontier assessed 459 listed companies in Korea and divided them […]

  • UK: IMO Secretary-General Urges States to Bring 2010 HNS Protocol into Force

    1 November 2011
    Business & Finance

    IMO Secretary-General Efthimios E. Mitropoulos urged States to take steps to bring the 2010 Protocol to the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 1996 (2010 HNS Convention) into force, after eight countries signed the Protocol, subject to ratification or acceptance. The […]

  • China: keel laid for Sirius Shipping’s LNG-ready tanker

    15 February 2018
    Vessels

    A keel laying ceremony was held on February 1 for Sirius Shipping’s LNG-ready oil and chemical tanker at China’s Avic Dingheng Shipbuilding. The vessel is the first of two ice-class 7999 dwt tankers with the Evolution design ordered by the Swedish company back in 2016. Sirius said then that the vessels will feature a two-stroke main engine […]

  • Petronas lifts first topside module for PFLNG1

    24 September 2014
    Vessels

    Petronas commenced the lifting of the first topside module for its floating liquefied natural gas (PFLNG1) facility at the Quayside of Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in Okpo, South Korea.  The topside module lifting marks another major construction milestone for the facility, as it signifies the near completion of the PFLNG1, which will be […]

  • Russia’s Novatek starting up first Yamal LNG train

    19 July 2017

    Novatek has started commissioning activities on the first liquefaction unit at its Yamal liquefied natural gas (LNG) export plant in the Russian Arctic. Once in full production, the first Yamal liquefaction train is expected to produce about 5.5 million tonnes of the chilled fuel per year. Russia’s largest independent natural gas producer, Novatek and its […]