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Business & Finance

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North Sea: FMC Technologies Enters Long-term Agreement with BG Norge
Business & Finance

North Sea: FMC Technologies Enters Long-term Agreement with BG Norge

FMC Technologies, Inc. announced today that it has signed a multi-year frame agreement with BG Norge, a subsidiary of BG Group, to provide subsea systems for offshore projects. The five-year contract includes provisions for two additional five-year extensions. The agreement also includes an immediat

about 16 years ago
UK: Petrofac Signs $54 million Contract with Britannia Operator Limited
Business & Finance

UK: Petrofac Signs $54 million Contract with Britannia Operator Limited

Petrofac, the international oil & gas facilities service provider, has confirmed that its Offshore Engineering & Operations business has secured a new contract with Britannia Operator Limited (BOL). The deal, worth $54 million over five years with a further five year extension option, will see Petro

about 16 years ago
North Sea: Subsea 7 Inc. Awarded $75 Million Contract
Business & Finance

North Sea: Subsea 7 Inc. Awarded $75 Million Contract

Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, announced today that it has been awarded a contract in the UK sector of the North Sea valued in excess of US $75 million. The Subsea 7 work scope is to engineer, fabricate, install and commission a pipeline bund

about 16 years ago
Belgium: DEME succeeds in strengthening its position on national and international markets
Business & Finance

Belgium: DEME succeeds in strengthening its position on national and international markets

Despite a difficult economic climate in 2009, DEME succeeded in strengthening its position on the national and international markets. Thanks to its strategy of geographical spreading and the diversifi cation of its activities (such as dredging, lifting works, offshore-related and environmental activ

about 16 years ago
Order for 1,500 MW signed by Vestas with possibility for 600 MW more
Business & Finance

Order for 1,500 MW signed by Vestas with possibility for 600 MW more

Vestas has won the largest single order ever in Vestas’ history for delivery of up to 2,100 MW. The order placed by EDP Renováveis (EDPR), the world third largest wind power company, has been awarded to Vestas after a competitive process launched more than one year ago in Chicago, USA. Today on 26 A

about 16 years ago
The Netherlands: Royal BAM Will Sell Stake in Van Oord To Partly Repay Debts
Business & Finance

The Netherlands: Royal BAM Will Sell Stake in Van Oord To Partly Repay Debts

Debt-laden Dutch builder Royal BAM said it had negotiated new covenants and maturities for its loans with banks, paving the way for its planned 250 million euros ($349.5 million) rights issue. Saddled with debt after suffering heavy loses in the property market, the largest listed construction group

about 16 years ago
Switzerland: Leica Geosystems Reveals Leica PowerDigger 3D, Cutting-Edge Excavator Guidance
Business & Finance

Switzerland: Leica Geosystems Reveals Leica PowerDigger 3D, Cutting-Edge Excavator Guidance

Leica Geosystems releases its next-generation, cutting-edge, 3D guidance system for excavating construction machines, Leica PowerDigger 3D. Leica PowerDigger 3D expands Leica Geosystems’ unique PowerSnap concept, which provides total flexibility and interchangeability of machine control… [mappress]

about 16 years ago
Centrica Energy Gets Go-Ahead for Norwegian Sea Drilling
Business & Finance

Centrica Energy Gets Go-Ahead for Norwegian Sea Drilling

Centrica Energy has received consent to conduct exploration drilling in the Norwegian Sea using the West Alpha semisub. The consent relates to the drilling of exploration well 6407/12-3, which is part of production license 470. The well is located about 126 kilometers north of Kristiansund and ten k

about 16 years ago
Technip to Provide Flexible Pipe Services for Norwegian Projects
Business & Finance

Technip to Provide Flexible Pipe Services for Norwegian Projects

France-based Technip has been awarded a three-year framework contract for the design, fabrication and supply of flexible pipe products for projects in Norway by Statoil. The framework contract will be executed by the group’s operating centre in Oslo, Norway. It covers the supply of flexible risers,

about 16 years ago
Murphy Oil Corp. Contract for Offshore Exploration in Malaysia Terminated
Business & Finance

Murphy Oil Corp. Contract for Offshore Exploration in Malaysia Terminated

Murphy Oil Corp. announced Wednesday that its contracts with Malaysia allowing offshore exploration on two tracts of land have been terminated, as the land now belongs to Brunei. Malaysia awarded production-sharing contracts to the El Dorado-based company in 2003. But activity in the areas, designat

about 16 years ago
UK: Siemens creates 700 jobs with £80 million investment
Business & Finance

UK: Siemens creates 700 jobs with £80 million investment

Hundreds of jobs are to be created under an £80 million investment in a new wind turbine facility, it has been announced.German… [mappress] Source: peterboroughtoday, April 25, 2010;

about 16 years ago
UK: Fast dealing in wind farm applications
Business & Finance

UK: Fast dealing in wind farm applications

Wind farms are much easier to build in Britain than in most of the rest of Europe, according to a study that contradicts claims by the… Source: timesonline, April 23, 2010;

about 16 years ago
Aarkstore reports about “Offshore Wind Farm Manufacturing Worldwide “
Business & Finance

Aarkstore reports about “Offshore Wind Farm Manufacturing Worldwide “

The global move to offshore wind farm development is enabling nations to accelerate wind energy adoption while reducing reliance on land-… [mappress] Source: prminds, April 22, 2010;

about 16 years ago
Aarkstore reports about “Offshore Wind Farm Manufacturing Worldwide “
Business & Finance

Aarkstore reports about “Offshore Wind Farm Manufacturing Worldwide “

The global move to offshore wind farm development is enabling nations to accelerate wind energy adoption while reducing reliance on land-… [mappress] Source: prminds, April 22, 2010;

about 16 years ago
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