Halliburton announced that income from continuing operations for the third quarter of 2011 was $867 million, or $0.94 per diluted share… More info: Halliburton [mappress] Source: Halliburton, October 17 , 2011
APL, the world’s seventh largest container shipping line, today announced the appointment of Wong Siew Loong as Regional President of its North Asia business. “Siew Loong brings with him 15 years of experience within the company. I am confident he is the right person to steer our North Asia business
Mitsui O.S.K. Lines, Ltd. today announced the completion of a table top drill based on a scenario in which the MOL Group-managed petroleum product tanker Raysut collided with another merchant vessel in Tokyo Bay, resulting in explosions and a fire on board. The three-hour drill, from 1 p.m. to 4 p.m
EnerMech has secured a multi-million pound crane maintenance contract from Maersk Oil North Sea UK Limited (Maersk Oil) for assets operating in the UK. The contract covers the inspection, periodic maintenance and engineering support for all deck cranes on-board the Janice FPU, Gryphon and Global Pro
Rolls-Royce, the global power systems company, today announced orders worth around £18 million for the supply of Azimuth thrusters to power 18 new tugs being built in China. Qingdao and Yingkou Ports will take delivery of 12 new tugs, four of which will be the most powerful operating in China. Tangs
In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The co
Renewable Energy Generation Limited, the renewable energy group, today announces its preliminary results for the year ended 30 June 2011. Financial Year Highlights Revenue of £9.8 million (2010: £6.2 million) EBITDA¹ neutral (2010: Loss £0.9 million) Loss after tax and exceptional items from continu
Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this option till 20th De
Cargotec has won a contract to supply ten state-of-the-art Kalmar automatic stacking cranes and 17 customer specific automatic shuttle carriers to leading terminal services’ provider TraPac Inc, in Los Angeles, USA. The equipment will be delivered to TraPac Inc, a subsidiary of Mitsui OSK Lines, in
Vroon Offshore on Friday (October 14) announced the delivery and naming of VOS Valiant. The vessel was christened Friday in a ceremony held at the Astilleros Zamakona Shipyard in Pasaia, Spain. Godmother was Mrs. Eva Maria Móreno, wife of Mr. Jesús Villacañas, General Manager, Astilleros Zamakona Sh
Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this option till 20th De
Europe’s leading Pipeline Technology Conference will be held for the 7th time in 2012. This year the EITEP conference with accompanying exhibition will be focusing on the technological safety of pipeline systems. EITEP stands for “Euro Institute for Information and Technology Transfer in Environment
DOF has, through its Brazilian subsidiary Norskan Offshore Ltda, signed a contract with Petrobras for Skandi Flamengo. The contract will commence in October 2011 and has a firm duration of 4 years. Skandi Flamengo is a PSV of UT 755 L design built in Brazil in 2003. Platform Supply Vessels transport
Saipem has been awarded new E&C Offshore contracts worth $1.5 billion. In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the A
