GE announced today strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or .36 per share, up 33% from the fourth quarter of 2009. Revenues grew to $41.4 billion for the quarter, the company’s first positive growth in nine quarters. “GE ended 2010 with
South Korea’s military said on Friday that its special forces freed the crew of a freighter hijacked in the Arabian Sea, killing eight of the Somali pirates who seized the ship last week. Photos of the rescue of the South Korean vessel were published by Yonhap, the South Korean news agency, in its o
Aker Drilling Offshore Services Public Ltd., Cyprus, a wholly owned subsidiary of Aker Drilling ASA, has signed a letter of intent with Daewoo Shipbuilding and Marine Engineering in South Korea for the delivery of two drillships in the fourth quarter of 2013, with options for two more for deliveries
Maersk, the Danish oil and shipping group, has opened a £750,000 offshore survival training centre in Portlethen, near Aberdeen. Ten jobs have already been created at the centre with a further ten expected over the next 12 months. The centre offers a range of offshore survival, maritime, medical and
Olympic Shipping has signed a deal with Myklebust yard for delivery of an offshore support vessel. Myklebust yard will build the vessel in Gursken. The yard will use a readymade hull which is ready for outfitting, and therefore the delivery will be in September 2011, according to Kleven Maritime.
Reliance Industries Limited (RIL) today reported its financial performance for the quarter / nine months ended 31st December, 2010. Highlights of Nine Months Performance * Turnover increased by 30.9% to ` 183,368 crore (US$ 41.0 billion) Exports increased by 29.2% to ` 100,995 crore (US$ 22.6 billio
El Paso Pipeline Partners, L.P. today announced that the Board of Directors of its general partner has declared a $0.44 per unit quarterly cash distribution for the fourth quarter of 2010, or $1.76 per unit on an annualized basis. This distribution represents a more than 22 percent increase from the
PORTS in North East Lincolnshire look set for major investment as the south bank gears up to play its part in the wind farm windfall that… (humberbusiness) [mappress] Source: humberbusiness, January 21, 2011
GE announced today strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or .36 per share, up 33% from the fourth quarter of 2009. Revenues grew to $41.4 billion for the quarter, the company’s first positive growth in nine quarters. “GE ended 2010 with
GE announced today strong fourth-quarter 2010 earnings from continuing operations (attributable to GE) of $3.9 billion, or $0.36 per share, up 33% from the fourth quarter of 2009. Revenues grew to $41.4 billion for the quarter, the company’s first positive growth in nine quarters. “GE ended 2010 wit
Wood Mackenzie’s latest analysis of the UK upstream oil and gas industry finds that the steady recovery seen in 2010 will continue in 2011. Returning confidence will see capital investment nearly double from £4.4 billion in 2010 to £7.7 billion ($12.3 billion) in 2011, leading to a temporary halt in
The Turbine Access System (TAS) being developed by Houlder and BMT Nigel Gee to provide safer personnel access to offshore wind turbines is set to feature in an initial batch of four Wind Farm Support Catamarans. The new vessels will be built by VeKa Shipbuilding BV at their Jongert yard in the Neth
The status of the Nord Stream Pipeline construction and the considerations of the Szczecin and Swinoujscie Seaports Authority regarding deepening and expanding the ports and its approaches were the focal point of a meeting between Nord Stream representatives and a delegation of the Seaports Authorit
THE DANISH Government is being dragged into the row over a controversial offshore wind farm plan. A pressure group opposed to the Wigtown… By Doug Archibald (icnetwork) [mappress] Source: icnetwork, January 21, 2011
