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Business & Finance

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Norway: Statoil Signs Frame Agreements Worth $7.6 B
Business & Finance

Norway: Statoil Signs Frame Agreements Worth $7.6 B

Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion (USD 7,6 billion), options included. The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period. Five compani

about 16 years ago
Great Lakes Dredge & Dock Corporation Deploys More Vessels for Work on Sand Berms Off the Louisiana Coast
Business & Finance

Great Lakes Dredge & Dock Corporation Deploys More Vessels for Work on Sand Berms Off the Louisiana Coast

Great Lakes Dredge & Dock Corporation – reported today that four of its dredging vessels, including three hopper dredges and one cutter suction dredge, along with other ancillary equipment, are currently working on the construction of sand berms off the Louisiana Coast in response to the oil spill c

about 16 years ago
Dispute over grid costs “single biggest issue” facing Round III developers (UK)
Business & Finance

Dispute over grid costs “single biggest issue” facing Round III developers (UK)

An ongoing dispute over who should bear the costs of onshore grid upgrades necessary to connect planned Round III wind farms is “the single biggest issue facing developers,” a top official in the Crown Estate tells Recharge. The official said that there has been little progress in resolving the issu

about 16 years ago
REpower: One gigawatt now installed in France
Business & Finance

REpower: One gigawatt now installed in France

In June, REpower Systems AG passed the one gigawatt milestone with wind energy systems installed in France. The manufacturer has installed around 500 turbines across the country since 2002. This corresponds to 20% of France’s existing wind energy capacity. Alongside its activities in the sale, insta

about 16 years ago
REpower: One gigawatt now installed in France
Business & Finance

REpower: One gigawatt now installed in France

In June, REpower Systems AG passed the one gigawatt milestone with wind energy systems installed in France. The manufacturer has installed around 500 turbines across the country since 2002. This corresponds to 20% of France’s existing wind energy capacity. Alongside its activities in the sale, insta

about 16 years ago
Purchase of Largest Brownfield Project Ever in Flanders (Belgium)
Business & Finance

Purchase of Largest Brownfield Project Ever in Flanders (Belgium)

The joint venture DEC, Dredging International, Jan De Nul and Envisan has finalised today the purchase of 140 hectare (approx. 345 acres) derelict and contaminated land. The area was released after the failure of the companies Nilefos Chemie and MisaEco and is located on the territory of the municip

about 16 years ago
34th IADC International Dredging Seminar Held at UNESCO-IHE, Delft (The Netherlands)
Business & Finance

34th IADC International Dredging Seminar Held at UNESCO-IHE, Delft (The Netherlands)

At this year’s IADC UNESCO-IHE Dredging Seminar, held from 21 – 25 June, seventeen young professionals from Colombia, Ethiopia, Ghana, Hong… [mappress] Source: IADC, June 30, 2010

about 16 years ago
Improved business prospects for Siemens in the energy technology market (Germany)
Business & Finance

Improved business prospects for Siemens in the energy technology market (Germany)

Business prospects in the Energy Sector of Siemens AG have improved. “There are signs of an upturn in sections of the market for infrastructure in the field of energy technology. Our customers are again increasing their investments in new projects and placing orders. The number of invitations to ten

about 16 years ago
Alfa Laval has signed a five-year agreement with Vestas (Sweden)
Business & Finance

Alfa Laval has signed a five-year agreement with Vestas (Sweden)

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has signed a purchase agreement with Vestas, world leading manufacturer of wind turbines. The agreement, which is for oil coolers, is valid for five years with an estimated total value of about SEK 150 million.

about 16 years ago
UK: Endeavour International Allowed to Proceed with Baachus Development
Business & Finance

UK: Endeavour International Allowed to Proceed with Baachus Development

Endeavour International Corporation announced today that the United Kingdom Department of Energy and Climate Control (DECC) has approved… [mappress] Source: Alphatrade, June 30, 2010

about 16 years ago
Norway: Aker Solutions Signs NOK 4.4 billion Frame Agreement Contract with Statoil
Business & Finance

Norway: Aker Solutions Signs NOK 4.4 billion Frame Agreement Contract with Statoil

Statoil has awarded Aker Solutions a frame agreement for maintenance and modifications on their offshore installations Snorre A/B, Gullfaks A/B/C, Visund and Åsgard A/B in Norway. The contract period is for four years and includes options for further extensions up to four years. The yearly volume of

about 16 years ago
France: Technip Awarded $300 Million EPIC Contract by Burullus Gas Company
Business & Finance

France: Technip Awarded $300 Million EPIC Contract by Burullus Gas Company

Technip has been awarded a lump sum engineering, procurement, installation and construction (EPIC) contract by Burullus Gas Company SAE(1) for the West Delta Deep Marine (WDDM) Phase VIIIa development project. The contract value is in excess of USD300 million. The project consists in the expansion o

about 16 years ago
Canada: New Husky Energy Boss Aims to Grow the Company
Business & Finance

Canada: New Husky Energy Boss Aims to Grow the Company

Asim Ghosh, Husky Energy Inc.’s new boss and a man with virtually no experience in the energy business, sees himself more as a fund manager… [mappress] Source: Financial Post, June 30, 2010

about 16 years ago
Marathon to Execute Manned Underwater Operations in Norwegian North sea
Business & Finance

Marathon to Execute Manned Underwater Operations in Norwegian North sea

The Petroleum Safety Authority Norway (PSA) has given Marathon consent to carry out manned underwater operations on the Volund and Alvheim fields in the North Sea using the vessel DSV Seven Pelican. The consent relates to carrying out manned underwater operations (MUO) in 2010 and includes well work

about 16 years ago
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