News
Wartsila Order Intake Up 9 Pct, Finland
Wärtsilä Corporation of Finland said its order intake increased 9% to EUR 4,940 million in 2012. Fourth Quarter Highlights Order intake increased 9% to EUR 1,357 million (1,250) Net sales increased 24% to EUR 1,533 million (1,238) Book-to-bill 0.89 (1.01) Operating result (EBIT) EUR 186 million or 1
Finland: Wartsila Appoints Marco Wiren as CFO, Executive VP
Mr Marco Wirén (47), M.Sc. (Econ.), has been appointed Chief Financial Officer, Executive Vice President and member of the Board of Management of Wärtsilä Corporation, effective 1 August 2013. Mr Wirén has broad-ranging experience of financial management and international business management. He cur
Lundin’s Johan Sverdrup Appraisal Well Hits 30m Oil Column (Norway)
Lundin Petroleum, a Swdwn-based oil and gas exploration and production company, has announced that the Johan Sverdrup appraisal well 16/2-16AT2 in PL501, located in the North Sea sector of the Norwegian Continental Shelf (NCS), is successfully completed. Well 16/2-16AT2 was drilled in PL501 as a sid
Italy: Prysmian Receives Investor of Year Award
Prysmian Group, world leader in the energy and telecom cables and systems industry, has been conferred the prestigious Investor of the Year award, made every year by the British Government and UK Trade & Investment to prominent companies for investment and strategic projects in Great Britain. The aw
Italy: Prysmian Receives Investor of Year Award
Prysmian Group, world leader in the energy and telecom cables and systems industry, has been conferred the prestigious Investor of the Year award, made every year by the British Government and UK Trade & Investment to prominent companies for investment and strategic projects in Great Britain. The aw
Gazprom CEO Meets Russian Pipe Manufacturers
The Gazprom headquarters hosted a regular meeting of Alexey Miller, Chairman of the Company’s Management Committee and heads of Russian pipe manufacturing companies. Taking part in the meeting were Deputy Chairmen and Members of the Gazprom Management Committee, heads of the Company’s specialized st
EU Launches Clean Fuel Strategy
The European Commission announced an ambitious package of measures to ensure the build-up of alternative fuel stations across Europe with common standards for their design and use. Policy initiatives so far have mostly addressed the actual fuels and vehicles, without considering fuels distribution.
East Anglia Offshore Wind Appoints Royal HaskoningDHV as Lead EIA Consultant (UK)
East Anglia Offshore Wind (EAOW), a 50-50 joint venture between ScottishPower Renewables and Vattenfall, has appointed Royal HaskoningDHV as the lead Environmental Impact Assessment (EIA) consultant on two major offshore wind farms – East Anglia THREE and East Anglia FOUR. The appointment comes shor
VIDEO: Gangnam Style on Pertamina Offshore Platform
Check out this video showing offshore workers on Pertamina’s platform in ONWJ block, located Offshore Northwest Java, Indonesia. The workers are dancing on a helicopter deck to the beats of the globally popular Gangnam Style song, originally performed by South Korea’s rapper Park Jae-sang, better kn
Nordana Orders Heavy Lifters from Sanfu Shipyard (China)
Nordana, a Danish shipping company, has placed an order for the construction of four 12,100dwt multi-purpose heavy lift vessels with Taizhou Sanfu Ship Engineering Co., Ltd. The new vessels with lifting capacity of 500 tonnes will be built according to a new energy-efficient design of heavy lifters
Germany Promotes Offshore Grid Development
State Secretary at the Federal Ministry of Economics and Technology (BMWi), Stefan Kapferer, opened the conference held in the BMWi on Development of the North Sea offshore grid. The event focused on the current issues and regulatory approval of such network. In addition, the initial results of the
Germany Promotes Offshore Grid Development
State Secretary at the Federal Ministry of Economics and Technology (BMWi), Stefan Kapferer, opened the conference held in the BMWi on Development of the North Sea offshore grid. The event focused on the current issues and regulatory approval of such network. In addition, the initial results of the
Gazprom Germania Plans to Open More Gas Filling Stations
GAZPROM Germania GmbH already operates six natural gas filling stations around Germany and plans to open an additional four. The new stations are due to enter service by the end of 2013 and will be located in Berlin, Potsdam, Leipzig, and Öhringen. GAZPROM Germania GmbH again commissioned erdgas mob
Denmark: LORC to Open Advanced Laser Welding Center
The Danish Minister of Employment Mette Frederiksen and the Minister of Housing, Urban and Rural Affairs Carsten Hansen will attend LORC’s green growth conference on January 28th 2013 at Lindø Industrial Park and the official opening of Denmark’s new advanced laser welding center, the open fabricati