McLaren Software, a subsidiary of the IDOX Group, and leader in Engineering Document Management and Control applications has been awarded a contract worth $1.4m by Chevron Australia Pty Ltd. Under the contract McLaren will supply Enterprise EngineerTM software and services to manage and control engi
Progress Energy Resources Corp. announced that it has closed the previously announced transaction to create a strategic partnership with the Malaysian national oil and gas company, PETRONAS, to develop a portion of Progress’ Montney shale assets in the Foothills of northeast British Columbia. Under
AGL Resources Inc. today reported second quarter net income of $18 million, or $0.23 per basic and diluted share, compared to net income of $14 million, or $0.17 per basic and diluted share, reported for the same period last year. Excluding the effect of $0.10 per share of costs related to the propo
Australia’s burgeoning liquefied natural gas sector faces a “struggle” in the near term because of rising cost pressures and the impact of a… (theaustralian) [mappress] Source: theaustralian, August 2, 2011;
Marathon Oil Corporation today reported second quarter 2011 net income of $996 million, or $1.39 per diluted share. Net income in the second quarter of 2010 was $709 million, or $1.00 per diluted share. On June 30, 2011, Marathon Oil completed the spin-off of its Refining, Marketing and Transportati
Foster Wheeler AG announced that its shareholders have elected Roberto Quarta, 62, and John M. Malcolm, 60, to the company’s board of directors. Mr. Quarta was elected to serve a term expiring at the company’s annual general meeting to be held in 2012. Dr. Malcolm was elected to serve a term expirin
Costain has been awarded a contract to provide cryogenic expertise on a Front End Engineering Design (FEED) study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea. The FEED contract was awarded to the KANFA Aragon/WorleyParsons joint venture FirstLNG by Samsung
The government of Pakistan has decided not to relocate the liquefied natural gas (LNG) terminals at Port Qasim for existing investors. Howe… (brecorder) [mappress] Source: brecorder, August 2, 2011;
The US Chamber of Commerce is interested in cooperation to implement a national project on the construction of a liquefied natural gas marin… (ukrainebusiness) [mappress] Source: ukrainebusiness, August 2, 2011;
As Russia and China vie with each other to win the construction contract for the Iran-Pakistan gas pipeline project, Pakistan is expected to finalize an engineering and procurement deal with China, which may also provide financing in line with the growing energy cooperation between the two sides. Do
Awilco LNG ASA announced that WilGas has secured its first contract with a total duration of 30-90 days. Awilco LNG ASA also announced the following changes to the organisation with the recent employment of: • Snorre Schie Krogstad, Chief Financial Officer, previously CFO at Camillo Eitzen & Co ASA
This Monday (Aug 1) Petrobras CEO, José Sergio Gabrielli de Azevedo, announced in London the company’s Business Plan for 2011-2015 to an audience of around 70 people, including investors, analysts and entrepreneurs. The plan foresees investments of US$ 224.7 billion for the period. Also taking part
Severn Glocon has won a major contract to supply globe control and butterfly valves to the USD 2.8 billion Donggi-Senoro LNG plant project in Central Sulawesi, Indonesia. The order was placed through JGC Corporation and the valves will be produced at Severn Glocon’s bespoke facility in Chennai, Indi
Foster Wheeler AG today reported net income for the second quarter of 2011 of $63.3 million, or $0.52 per diluted share, compared with $58.9 million, or $0.46 per diluted share, in the second quarter of 2010. Net income in both quarterly periods was impacted by asbestos-related provisions. Excluding
