American Superconductor Corporation (NASDAQ: AMSC), a global power technologies company, today reported record financial results for the third quarter of its fiscal year 2010 ended December 31, 2010. Revenues for the third quarter of fiscal 2010 increased 42 percent to $114.2 million from $80.7 mill
McDermott International, Inc., announced today that one of its subsidiaries was awarded a contract to fabricate a 15,000 ton platform for Noble Energy’s Alen Gas-condensate Development Project (“Alen project”) off the East coast of Bioko Island, Equatorial Guinea. “This is a significant win for our
Enbridge Inc. announced today that it plans to expand the condensate processing capacity of its Venice, Louisiana facility. The estimated cost of the expansion is approximately $150 million and is expected to be in service in late 2013. The expanded condensate processing capacity will be required to
CITY chiefs are in talks with Mitsubishi to persuade it to increase its investment in the Edinburgh area. The Japanese engineering giant… (scotsman) [mappress] Source: scotsman, February 01, 2011
LONGREACH OIL AND GAS LIMITED, an oil & gas company focused on Morocco, announces the appointment of Jonathan Morley-Kirk as a Non-Executive Director and as Chairman of the Audit Committee. Mr Morley-Kirk is a Fellow of the Institute of Chartered Accountants in England and Wales specialising in emer
KBR (NYSE: KBR) today announced that it has been selected by AGL Energy Limited (AGL) to provide project management services for the design and construction of the 140-turbine Macarthur Wind Farm, to be located in Victoria, Australia. Once constructed, the Macarthur Wind Farm is expected to be the l
UAE-based MIS Group (Maritime Industrial Services ), a diversified engineering and contracting group focused on the energy sector, announces that is has recently signed contracts in its Fabrication value stream, with a number of new and existing clients. The contracts, a combined total of over $15 m
SSE (Scottish and Southern Energy plc) remains on course to deliver the financial and operational goals for the period to 31 March 2011 set… (scottish-southern) [mappress] Source: scottish-southern, February 01, 2011
SSE (Scottish and Southern Energy plc) remains on course to deliver the financial and operational goals for the period to 31 March 2011 set… (scottish-southern) [mappress] Source: scottish-southern, February 01, 2011
In January 2011 Deep Sea Supply`s AHTS fleet (all 12 AHTS Vessels) had an average gross income of approx. USD 15,000 per ship per day compared to USD 15,800 in December. The PSV fleet (all 8 PSVs) had an average gross income of approx. USD 16,900 per ship per day compared to USD 11,100 […]
Aker Solutions has on 1 February 2011 completed the sale of the principal operations within its Process and Construction business area to Jacobs Engineering Group Inc. (Jacobs). As disclosed on 22 December 2010, the transaction does not include the US EPC centre in Houston, and the Union Constructio
Electromagnetic Geoservices ASA (EMGS) announces that it has today signed a contract worth approximately USD 12.5 million with an oil company in the Kingdom of Saudi Arabia. The vessel BOA Galatea (photo) will acquire both 3D electromagnetic (EM) and magnetotelluric (MT) data in the Red Sea over a t
The board of BP announced today that it has appointed Mr. Phuthuma Nhleko as a non-executive director of BP p.l.c. with immediate effect. Mr. Nhleko is currently Group President and Chief Executive Officer of the MTN Group, the mobile telephony multinational company based in South Africa, positions
RWE Dea Norge has been awarded three promising licences in the recent APA 2010 licensing round by the Norwegian Ministery of Petroleum and Energy, of which one is in the North Sea and two are in the Norwegian Sea. This strengthens the company’s long-term commitment on the Norwegian Shelf. Licence PL
