Business & Finance
France: Port of Dunkirk Gets New Gantry Crane
In early November an impressive 400-tonne grain gantry, from Le Havre, was lifted off the 160m-long ship LONE with the two 1,000-tonne cranes and then placed on the Grande-Synthe quay by the staff of BARRA SNM. The grain terminal in the Port of Dunkirk, where grain traffic is growing fast, is now eq
UK: RBG Launches iBolt Software for Flange Management Safety
RBG has launched its new ‘iBolt’ flange integrity management software that improves the safety, efficiency and cost-effectiveness of bolting operations. The easy to use, web-based system provides a complete auditable record of all activity carried out on flange management workscopes from topside to
UAE: Rak Petroleum Suspends Drilling at Saleh Offshore Well
RAK Petroleum Public Company Limited, the exploration and production company, today announced temporary suspension of drilling operations on the Saleh-5 well offshore Ras Al Khaimah following consultations with partner RAK Gas LLC which this week exercised its full 30 percent back-in option to the f
Norway: SpecTec Provides AMOS Software for Grieg Shipping Group New Fleet
The Norwegian company ‘Grieg Shipping Group’, has signed a contract with SpecTec Norway for the supply of AMOS software. Grieg Shipping Group belongs to the Grieg Group, one of the largest Management Service Companies of Scandinavia. Founded in 1884, The Grieg Group established a shipping branch in
DSME Orders Electric-driven Winch Systems from TTS Marine in Bremen, Germany
Through its subsidiary TTS Marine GmbH in Bremen, TTS Group ASA has signed contracts worth approximately 205m NOK. The contracts are subject to owner’s approval. The delivery concern electric-driven winch systems for 20 container carriers at Daewoo Shipbuilding & Marine Engineering Co., Ltd in South
EnBW Closes Third Quarter with Revenue up to EUR 13,76 Million (Germany)
EnBW Energie Baden-Württemberg AG closed its third quarter of the current fiscal year 2011 with 6.4% and 13.5% higher unit sales of electricity and gas, respectively. Compared to the prior year, electricity sales thus increased to 116.9 billion kilowatt-hours and gas sales to 42.8 billion kilowatt-h
Norway: Bergen Group Wins Rig Yard Stay Contract from Prosafe
Bergen Group Hanøytangen is awarded contract for a one-week yard stay for the accommodation rig Safe Caledonia. The yard stay will take place in Q4 this year, and represents the fourth rig project for Bergen Group Hanøytangen in the 2nd half of 2011. During the yard stay that includes some modificat
Statnett Announces Results for Third Quarter 2011 (Norway)
The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]
Gamesa Reports 20 pct Growth in Net Profit (Spain)
Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2
Two Firms Merge into ZF Wind Power Technology (Germany)
On 25 July 2011, the boards of ZF Friedrichshafen AG (“ZF”) and Hansen Transmissions International NV (“Hansen”) announced the terms of a recommended cash offer for the entire issued and to be issued share capital of Hansen to be made by ZF International BV, a wholly owned subsidiary of ZF. On 6 Oct
Two Firms Merge into ZF Wind Power Technology (Germany)
On 25 July 2011, the boards of ZF Friedrichshafen AG (“ZF”) and Hansen Transmissions International NV (“Hansen”) announced the terms of a recommended cash offer for the entire issued and to be issued share capital of Hansen to be made by ZF International BV, a wholly owned subsidiary of ZF. On 6 Oct
Statnett Q3 Profit After Tax Down to USD 44.5 Million (Norway)
The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]
UK: BG’s CEO Joins Rolls-Royce Board
Rolls-Royce, the global power systems company, announces that Sir Frank Chapman has today joined the Board as a non-executive Director. Sir Frank is the Chief Executive of BG Group and a Fellow of the Institution of Mechanical Engineers. Sir Simon Robertson, Rolls-Royce Chairman, said: “I am delight
Germany: F.I.T. Changes Name into ‘Contargo Industriepark Frankfurt – Höchst’
A clear statement has now been made: the trimodal container terminal in Industriepark Frankfurt – Höchst, which has always been associated with the Duisburg-based Contargo Group, has documented its participation in the European network of the container logistics provider even more strongly by its re