Search results for: spins

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  • 24 December 2010

    With Rhode Island Sound now looming as the next frontier for wind development near the Vineyard, the Ocean State’s Gov. Donald Carcieri summed up his state’s energy policy this month with a single phrase: “Spin, baby, spin!” The governor spoke at Roger Williams University on Dec. 10 at a meeting of the Rhode Island/Massachusetts joint […]

  • 21 June 2010

    Bollinger Marine Fabricators, L.L.C., Amelia, La., a Bollinger Shipyards, Inc. company, has delivered Bollinger hull # 561, B. No. 264, a double hull 60,000 BBL oil tank barge built to meet the requirements of the Oil Pollution Act of 1990 (OPA’90) to Bouchard Ocean Services, Inc., Melville, N.Y.

  • 20 January 2020
    Business & Finance

    TechnipFMC has reaffirmed that its planned transaction to separate into two companies, TechnipFMC and Technip Energies, is well on track for completion in the first half of 2020. To remind, the industry giant said last year it plans to separate into two independent, publicly traded companies – RemainCo and SpinCo. The transaction is expected to […]

  • 12 November 2015
    Business & Finance, Operations & Maintenance, Technology

    The Danish-Swiss wind turbine optimizer ROMO Wind is extending its business activities to France, offering local contact and support for the company’s spinner anemometer technology iSpin which is now available to French wind farm operators. Guillaume Steinmetz has been appointed to the position of a business manager for France and will lead ROMO Wind’s activites from Paris. […]

  • 18 December 2017
    Business & Finance

    Noble Corporation has expressed disappointment by a lawsuit from its spin-off Paragon Offshore, claiming that Noble jettisoned a fleet of old offshore drilling rigs via a fraudulent corporate spin-off.

  • 27 August 2019
    Business & Finance, Equipment, Operations & Maintenance

    TechnipFMC has said it plans to separate into two independent, publicly traded companies – RemainCo and SpinCo. The transaction is expected to be structured as a spin-off of TechnipFMC’s Onshore/Offshore segment to be headquartered in Paris, France. The separation is expected to be completed in the first half of 2020, subject to customary conditions, consultations […]

  • 1 May 2014
    Business & Finance

    Noble Corporation has announced an update to its plan to spin-off Paragon Offshore. Noble expects to effect the spin-off as a dividend of 100 percent of the shares of Paragon Offshore to Noble’s shareholders during the third quarter of this year. As previously announced, Paragon Offshore will own and operate most of Noble’s current standard […]

  • 18 July 2016

    New York City-based Overseas Shipholding Group on Friday said it intends to spin off its international business that includes four ownership interests in four liquefied natural gas carriers.

  • 19 July 2017
    Business & Finance

    Swedish oil company Lundin Petroleum will expense pre-tax exploration costs and impairment charges of approximately $35 million for the second quarter of 2017, but this will be offset by a net foreign exchange gains and asset sale gains.  According to the oil company’s Wednesday update, it will recognize a net foreign exchange gain of approximately […]

  • 10 December 2013

    The innovative propeller nozzle manufacturing method with basically one single weld only, is now operational in the Chinese plant of Damen Marine Components (DMC). Consequently the technique with which DMC has revolutionized nozzle production, is up and running at both of its plants. “The nozzles can be manufactured somewhat lighter and have a smoother inside. […]

  • 10 December 2013
    Business & Finance

    The innovative propeller nozzle manufacturing method with basically one single weld only, is now operational in the Chinese plant of Damen Marine Components (DMC) also. Consequently the technique with which DMC has revolutionized nozzle production, is up and running at both of its plants. Say hello to the metal spinning machine. “The nozzles can be […]

  • 24 April 2014

    Boston University’s Energy Club (BU Energy Club) has organized a screening of the documentary Cape Spin! An American Power Struggle, at 6:30pm today at the College of Arts and Science. The official movie website says: Cape Spin! An American Power Struggle tells the surreal, fascinating, tragicomic story of the battle over America’s most controversial clean […]

  • 27 August 2019
    Business & Finance

    The board of directors of oilfield services provider TechnipFMC has unanimously approved the company’s plan to separate into two independent, publicly-traded companies.

  • 7 June 2019

    LNG shipper Golar decided to assume ownership of the Cool Pool following the departure of GasLog and GasLog Partners’ vessels in June. 

  • 9 February 2018
    Business & Finance

    Greece-based owner DryShips Inc. is looking to spin off of its gas carrier business, Gas Ships Limited.

  • 17 January 2020

    TechnipFMC said it is on track to separate into two companies, TechnipFMC and Technip Energies, in the first half of 2020.

  • 1 September 2013

    Murphy Oil Corporation announced Friday that it has completed the spin-off of its U.S. retail marketing business into an independent public company called Murphy USA Inc. . The spin-off was achieved through the distribution to Murphy Oil’s shareholders of one share of Murphy USA common stock for every four shares of Murphy Oil stock held […]

  • 27 August 2019

    LNG engineer TechnipFMC has decided to separate into two publicly traded companies via a spinoff.

  • 13 December 2016
    Business & Finance

    Denmark’s A.P. Moller-Maersk expects the revenue generated through the recently acquired container carrier Hamburg Süd to compensate for around 60% of revenue loss after the spin-off of the company’s Energy division is completed, Sorens Skou, CEO of Maersk, was cited by Reuters as saying. Hamburg Süd’s revenue in 2015 was around USD 6 billion, compared to some USD 9.8 billion […]

  • 25 February 2008

    Finland’s Finstaship is planning to spin-off its multipurpose icebreakers to raise money for fleet expansion, TradeWinds reports.

  • 13 May 2016

    Origin Energy of Australia has reportedly hired Macquarie Capital to advise on possible spin-off of it gas production businesses.

  • 24 May 2018
    Business & Finance

    Euroseas gets regulatory approval to spin off its drybulk fleet into a separate company.