Kiewit-Kvaerner Contractors, the 50/50 joint venture between Peter Kiewit Infrastructure and Kvaerner, has been authorised by ExxonMobil Canada Properties (EMCP) to proceed with work on the Hebron Project gravity based structure (GBS) project in Newfoundland and Labrador, Canada. The authorisation f
Growth in mining, strong replacement demand for products in the United States and a continued focus on cost management helped Caterpillar Inc. (NYSE: CAT) deliver record quarterly profit per share of $2.37 in the first quarter of 2012. This represents an increase of 29 percent from first-quarter 201
OPDR has extended its Baltic Sea Service (BALT) through the formation of new strategic alliances in Scandinavia, the Baltics and Russia. The new BALT Service is specifically designed to ensure a cohesive connection to all other OPDR services and provides both higher frequency and reduced transit tim
Kiewit-Kvaerner Contractors joint venture, has been authorised by ExxonMobil Canada Properties (EMCP) to proceed with work on the Hebron Project gravity based structure (GBS) project offshore Newfoundland and Labrador, Canada. The authorisation comes after the substantial completion of front end eng
AGR has appointed a new Vice President within their Reservoir Management division. Morten Heir, formerly Technical Director at Canamens Energy for 4 years, succeeds Atle Aamodt Andresen who will now head up AGR Energy – a newly established division focusing on the development and management of proje
Becker Marine Systems has delivered the largest Becker Mewis Duct® ever made with a diameter of 8.10 m for the construction of Very Large Crude Oil Carriers (VLCC) at Hyundai Samho Heavy Industries for Samco Shipholding, Singapore. This order is just one example of the excellent reception being give
Ballast Nedam is holding up in the still deteriorating market conditions and has achieved a revenue and profit approximately in line with those for the first quarter of 2011. Excellent results have been achieved on several major multiyear projects and in niche markets, while the regional infrastruct
Ballast Nedam is holding up in the still deteriorating market conditions and has achieved a revenue and profit approximately in line with those for the first quarter of 2011. Excellent results have been achieved on several major multiyear projects and in niche markets, while the regional infrastruct
Hydrodynamicists at Pelamis Wave Power have published a scientific paper that could have profound implications for the race to commercial production of wave energy converter machines, after proving the theoretical advantage of line absorbers over point absorbers. The paper entitled “Maximum wave-pow
The Petroleum Safety Authority Norway has given its approval to Wintershall to carry out exploration drilling of well 33/6-4 with the Borgland Dolphin rig. Well 33/6-4 belongs to production licence 370 in the northern part of the North Sea, adjacent to the median line with the UK.. Water depth at th
Moscow Shipbuilding and Shiprepairing Plant P.C. on April 20th successfully launched the first boat in a series of six Multi Purpose Boats of project MPB14 ordered by Rosmorport for its Azov-Black Sea branch. The pilot boats were designed by MT-Shipbuilding. “In accordance with the contract, the fir
On 27 March 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Lundin Norway AS’ management of the Brynhild field development project, connected to subsea facilities and pipelines. The Brynhild field is being developed with a subsea facility with four wells that will be connec
Siport21, a specialized consultancy in ship manoeuvring and ship behaviour studies, was one of the four Spanish companies in the XXI Latin American Ports Congress, celebrated in La Antigua (Guatemala) last week. In this meeting, organized by American Association of Port Authorities (AAPA) and the Na
The Gazprom headquarters yesterday hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Robert Dudley, Group Chief Executive of British Petroleum (BP). The meeting was focused on a development outlook for the global energy market and cooperation between
