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Business & Finance

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Equipment
India: Punj Lloyd Bags Three Oil & Gas Contracts Worth USD 142 million
Business & Finance

India: Punj Lloyd Bags Three Oil & Gas Contracts Worth USD 142 million

Punj Lloyd Group, a diversified global engineering, procurement and construction (EPC) conglomerate, announced winning three oil & gas contracts in India, Oman and Indonesia amounting to Rs 645 crore. These contract wins clearly demonstrate Punj Lloyd’s multi-geographical presence and diverse servic

about 15 years ago
USA: Cameron Wins $90 Million Subsea Equipment Order from Statoil
Business & Finance

USA: Cameron Wins $90 Million Subsea Equipment Order from Statoil

Cameron has received a contract valued at approximately $90 million from Statoil for the provision of high temperature, high pressure (HPHT) surface wellhead and Christmas trees for the Norwegian Gudrun platform with further options for the Valemon and Brynhild platform developments. The seven-year

about 15 years ago
Norway: PSV KL Brisfjord Delivered to K Line Offshore AS
Business & Finance

Norway: PSV KL Brisfjord Delivered to K Line Offshore AS

For some days in early January three newbuildings for K Line Offshore AS were berthed at STX Brevik-yard. On 13th January KL Brisfjord was successfully delivered. The vessel has a deadweight of 5.185 T and cargo deck area of 1.100 m2. KL Brisfjord is flying NOR-flag and is currently in Bergen for tr

about 15 years ago
UK: Valiant All Smiles with Don South West E Panel Well Results
Business & Finance

UK: Valiant All Smiles with Don South West E Panel Well Results

Valiant Petroleum plc (“Valiant”) announces that its Don Southwest ‘E’ Panel exploration well (211/18a-S7) has reached total depth of 11,540 TVDSS feet (3,517 metres) and has encountered a hydrocarbon bearing Brent sand formation indicating a gross recoverable accumulation of 5-7 million barrels of

about 15 years ago
REpower Systems Focuses on Ontario (Canada)
Business & Finance

REpower Systems Focuses on Ontario (Canada)

On the heels of finalizing a turbine-supply contract in Quebec – where it will deliver, install and commission 150 turbines – Germany-based… By Mark Del Franco (nawindpower) [mappress] Source: nawindpower, January 21, 2011

about 15 years ago
REpower Systems Focuses on Ontario (Canada)
Business & Finance

REpower Systems Focuses on Ontario (Canada)

On the heels of finalizing a turbine-supply contract in Quebec – where it will deliver, install and commission 150 turbines – Germany-based… By Mark Del Franco (nawindpower) [mappress] Source: nawindpower, January 21, 2011

about 15 years ago
Norway: Aker Drilling Selects Advisers for IPO
Business & Finance

Norway: Aker Drilling Selects Advisers for IPO

Further to yesterday’s announcement of the contemplated initial public offering (IPO) of Aker Drilling, the company wishes to inform that Arctic Securities, DnB NOR Markets, Pareto Securities and RS Platou Markets have been retained as financial advisors and facilitators of the IPO on Oslo Stock Exc

about 15 years ago
Singapore: Schilling Robotics Expands into Asia-Pacific and South America Regions
Business & Finance

Singapore: Schilling Robotics Expands into Asia-Pacific and South America Regions

Schilling Robotics, LLC, experts in subsea systems, announced today that it has formally opened a new support center in Singapore, and has commenced construction of another support center in Brazil which will open in April 2011. This international expansion of Schilling’s product support services in

about 15 years ago
Norway: Det Norske Get Green Light for Drilling in Production Licence 482
Business & Finance

Norway: Det Norske Get Green Light for Drilling in Production Licence 482

The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for well 6508/1-2, cf. Section 8 of the Resource Management Regulations. Well 6508/1-2 is scheduled to be drilled from the drilling facility Aker Barents in position 65o 55’50.28″ north and 08o 01’52.78″ eas

about 15 years ago
Malaysia: MHB Announces Boardroom Changes
Business & Finance

Malaysia: MHB Announces Boardroom Changes

Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has appointed Mr Dominique de Soras as a Non-Independent Executive Director and also the new Managing Director and Chief Executive Officer with effect from 1 February 2011. He will replace En. Wan Yusoff bin Wan Hamat who will be resigning

about 15 years ago
USA: Helix Inks Agreements for Deepwater Containment System in the Gulf of Mexico
Business & Finance

USA: Helix Inks Agreements for Deepwater Containment System in the Gulf of Mexico

Helix Energy Solutions Group, Inc. announced today that it has executed agreements for its Helix Fast Response System (“HFRS”) to be named as a spill response resource for the U.S. Gulf of Mexico (“GOM”) in response plans submitted by oil and gas producers with state and federal authorities. The HFR

about 15 years ago
Gamesa Looks to Establish Offshore Wind Technology Centre in Scotland
Business & Finance

Gamesa Looks to Establish Offshore Wind Technology Centre in Scotland

* Proposals unveiled for technology centre in Glasgow, creating 130 jobs * Scottish authorities have been informed of the company’s interest in developing an industrial base for manufacturing, logistics and operation and maintenance (O&M) activities in the Dundee area, conditional upon development o

about 15 years ago
Gamesa Looks to Establish Offshore Wind Technology Centre in Scotland
Business & Finance

Gamesa Looks to Establish Offshore Wind Technology Centre in Scotland

* Proposals unveiled for technology centre in Glasgow, creating 130 jobs * Scottish authorities have been informed of the company’s interest in developing an industrial base for manufacturing, logistics and operation and maintenance (O&M) activities in the Dundee area, conditional upon development o

about 15 years ago
Norway: Kongsberg,Vestfold University College to Cooperate on Innovation in Maritime Simulator Training
Business & Finance

Norway: Kongsberg,Vestfold University College to Cooperate on Innovation in Maritime Simulator Training

Kongsberg Maritime’s simulation division and Vestfold University College has signed a framework agreement to further explore activities and projects of joint interest within research and development of maritime simulators from an innovation and human factor perspective. The agreement which was signe

about 15 years ago
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