In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The co
American Superconductor Corporation today announced that it is now doing business as AMSC and introduced a new corporate identity in order to foster strong, sustainable growth. AMSC’s wind and grid offerings are now branded as Windtec Solutions and Gridtec Solutions to better reflect the company’s e
Amarcon is widely recognized as a state of the art supplier of decision support, motion monitoring and fuel management software for the shipping and offshore construction industry. The Dutch based company is currently in the process of expanding her worldwide presence by appointing agents for produc
Gazprom CEO Alexey Miller met with Eni CEO Paolo Scaroni today at Gazprom headquarters. The two participants examined the ongoing situation and the prospects of cooperation development in the oil & gas sector. In particular, they discussed the realization of the gas pipeline South Stream and the fut
BP announces the completion of a major milestone on the Devenick gas project in the central North Sea. On 29th September a 600 tonne module, recently fabricated in McNulty’s South Shields yard, was successfully lifted on to Marathon Oil’s East Brae platform, the host for the new subsea development.
Gazprom CEO Alexey Miller met with Eni CEO Paolo Scaroni today at Gazprom headquarters. The two participants examined the ongoing situation and the prospects of cooperation development in the oil & gas sector. In particular, they discussed the realization of the gas pipeline South Stream and the fut
Minister for Communications, Energy and Natural Resources, Mr. Pat Rabbitte T.D. today announced the award of thirteen new Licensing Options in the Irish offshore. Making the announcement this morning at the opening of a major petroleum research conference in Dublin Minister Rabbitte said that he wa
Halliburton announced that income from continuing operations for the third quarter of 2011 was $867 million, or $0.94 per diluted share… More info: Halliburton [mappress] Source: Halliburton, October 17 , 2011
APL, the world’s seventh largest container shipping line, today announced the appointment of Wong Siew Loong as Regional President of its North Asia business. “Siew Loong brings with him 15 years of experience within the company. I am confident he is the right person to steer our North Asia business
Mitsui O.S.K. Lines, Ltd. today announced the completion of a table top drill based on a scenario in which the MOL Group-managed petroleum product tanker Raysut collided with another merchant vessel in Tokyo Bay, resulting in explosions and a fire on board. The three-hour drill, from 1 p.m. to 4 p.m
EnerMech has secured a multi-million pound crane maintenance contract from Maersk Oil North Sea UK Limited (Maersk Oil) for assets operating in the UK. The contract covers the inspection, periodic maintenance and engineering support for all deck cranes on-board the Janice FPU, Gryphon and Global Pro
Rolls-Royce, the global power systems company, today announced orders worth around £18 million for the supply of Azimuth thrusters to power 18 new tugs being built in China. Qingdao and Yingkou Ports will take delivery of 12 new tugs, four of which will be the most powerful operating in China. Tangs
In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The co
Renewable Energy Generation Limited, the renewable energy group, today announces its preliminary results for the year ended 30 June 2011. Financial Year Highlights Revenue of £9.8 million (2010: £6.2 million) EBITDA¹ neutral (2010: Loss £0.9 million) Loss after tax and exceptional items from continu
