BG Group today announced that Lord Sharman will be retiring from the Board at the conclusion of the Company’s Annual General Meeting to be held on 12 May 2011. Commenting, BG Group’s Chairman, Sir Robert Wilson said: “I would like to express the Board’s thanks and appreciation for Lord Sharman’s sup
Neuenfelder Maschinenfabrik GmbH (NMF) has a new management team: Ralf Ressel (CEO) and Goran Curic (COO) are now in charge as managing directors. Karl-Heinz Heck, previously responsible for Sales and Service, has left the management team with immediate effect. NMF’s partner, J.J. Sietas KG Schiffsw
Qatar Petroleum and Shell today announced the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City in the State of Qatar. Shell, which is the operator of the Pearl GTL plant developed under a Production and Sharing Agreement with QP, has opened natural
Qatar Petroleum and Shell announced the first flow of dedicated offshore gas into the Pearl GTL plant located in Ras Laffan Industrial City in the State of Qatar. Shell, which is the operator of the Pearl GTL plant developed under a Production and Sharing Agreement with QP, has opened natural gas we
Ocean wave power company Wavebob and the international company that applies innovative technology solutions to sustainable development in the energy and environment sectors, Abengoa, announced a planned collaboration which will see the two companies working together on the research, development and
CNOOC Limited today announced its annual results for the 12 months ended December 31, 2010. In 2010, the Company’s net production reached 328.8 million barrels of oil equivalent (BOE), up 44.4% year-over-year (“yoy”), representing the highest production growth in its history. The record production g
The Board of Directors took notice of the information on the elaboration of the Gazprom Innovative Development Program until 2020. The Company’s Management Committee was tasked to submit the draft Program to the Board of Directors for approval in June 2011. The meeting participants noted a high leve
Engineering and construction company Clough today announced that Clough AMEC, an incorporated 50/50% joint venture between Clough and AMEC, has been awarded a cost reimbursable contract valued at approximately AU$25m, to provide construction management and execution services for the rejuvenation of
Thrustmaster of Texas, Inc. received a contract from Hyundai Heavy Industries for the supply and installation of multiple sets of 5MW azimuth thrusters for the next generation deep water drillships being built at Hyundai’s shipyard in Ulsan, Korea. The vessels are of the Gusto P10,000 design and are
DP World has delivered a positive and encouraging financial performance from its global portfolio of marine terminals, which reflect a stronger second half of the year as volume and revenue growth continued to improve on the first half of the year. This, coupled with continuing of cost management an
Offshore accommodation specialist H2M has unveiled a range of new, lightweight 2-, 4- and 8-man sleeper modules for use on marine installations. Built around a unique aluminium structure, the 15ft, 33ft and 40ft modules deliver a significant reduction in mass, without compromising the durability of
Aker Solutions has signed a contract with Statoil to supply control umbilicals to the Norne field located in the Northern part of the North Sea. The contract value is approximately NOK 200 million. The scope of work for the Fossekall-Dompap project includes a control umbilical system with a total of
Aker Solutions has signed a contract with Statoil to supply control umbilicals to the Norne field located in the Northern part of the North Sea. The contract value is approximately NOK 200 million. The scope of work for the Fossekall-Dompap project includes a control umbilical system with a total of
The Board of Directors of Havila Shipping ASA has in Board Meeting at 22. March 2011 approved the annual accounts for 2010. There are no changes of result from the preliminary accounts, other than the presentation of the Profit and Loss account, where net foreign gain or loss from forward contracts
