Hamworthy plc, a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announced its preliminary results for the year ended 31 March 2011. Financial Highlights · Revenue decreased by 15.3% to £181.6 million (2010: £214.3 million) · Underlying operating
Peel Ports was today due to launch a public consultation about its potentially controversial £500m plans to expand its River Mersey… By Bill Gleeson (liverpoolecho) [mappress] Source: liverpoolecho, June 7, 2011
Statoil and SSE (Scottish and Southern Energy plc) have agreed to enter into a 10 year gas supply agreement to an existing power plant. The companies have signed a heads of agreement for an annual volume of 0.5 billion cubic metres of natural gas, to SSE’s Peterhead gas power plant in Aberdeenshire
Gazprom commissioned the Dzhubga – Lazarevskoye – Sochi gas pipeline Monday. Sochi hosted the celebrations devoted to this event participated by Vladimir Putin, Prime Minister of the Russian Federation, Alexey Miller, Chairman of the Gazprom Management Committee, representatives of construction and
GDF SUEZ has signed a firm and final agreement with the consortium composed by F2i infrastructure fund and AXA Private Equity for the disposal of G6 Rete Gas. The transaction prices the distribution assets at €772 million, which amounts to 103% of the 2010 regulated asset base, 9.3 times the Ebitda
Vattenfall is wishing to harness 1 gigawatt’s worth of concessions out of French hydropower tenders. France currently has the 2nd largest… [mappress] Source: maritime-executive, June 07, 2011;
The Zarga LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal June 14, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering 21 billion cubic metres
On Friday 27 May AGA´s first LNG (liquefied natural gas) terminal was officially opened in Nynäshamn, Sweden. ”The opening of the LNG terminal is a very important step for AGA and for the entire Linde Group,” said Jan Bäckvall. ”It marks the turning point from being an industrial gases company to al
Rosslare Europort is to begin a major project which will see €1.8 million spent on investment in port facilities and dredging… (sbpost) [mappress] Source: sbpost, June 6, 2011;
The two companies RG Rom Gummi A/S (RG) and A/S Hvide Sande Skibs- og Baadebyggeri (HSSB) have established the company RG Seasight Fenders ApS, whose purpose it is to deliver the most safe and durable fenders for supply boats – primarily when transferring crew to wind turbines. Each of the two compa
Skire, Inc., the leading global provider of cloud-based solutions for managing capital projects, facilities and real estate, today announced that Total S.A. has chosen Skire’s Unifier as the company’s new cost control system for its exploration and production projects. Unifier was selected after a f
Globally, the submarine market consists of 450 submarines operated by 41 countries. Some 154 submarines are to be procured up to 2021, costing a total of $186.3 billion. Most of the 41 nations are upgrading their fleets or adding to them as a result of rapidly changing defence requirements. The Glob
The Royal Navy’s new Antarctic patrol vessel was officially named as HMS Protector at a ceremony in Portsmouth this week. HMS Protector will fulfil HMS Endurance’s role as the Navy’s ice patrol ship for an interim period, and has been leased on a three-year contract from Norwegian company GC Rieber
IHC Merwede has increased its underwriting capacity by more than 50 per cent to €1.5billion. Of this amount, €900 million is committed. The financial agreement has been forged between IHC Merwede and an international banking consortium made up of five banks, with the aim of facilitating internationa
