Huntington Ingalls Industries, Inc. announced today that its Board of Directors has approved Irwin F. Edenzon as corporate vice president and president of Ingalls Shipbuilding and Matthew J. Mulherin as corporate vice president and president of Newport News Shipbuilding. HII, previously known as Nor
Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$20 million contract from Golar LNG Energy to convert the LNG Khannur, a Liquefied Natural Gas (LNG) tanker, to a Floating Storage and Regasification Unit (FSRU) to be renamed West Java FSRU.
Wärtsilä, the marine industry’s leading solutions integrator, has been awarded the contract to supply a total propulsion package for a new semi-submersible heavy lift vessel. With an overall length of 270 metres, this ship is the largest of its type ever to be built. The scope of supply for the cont
MTU Series 4000 engines to be main propulsion units for 20 Indian Coast Guard fast patrol vessels MTU “Callosum” automation system for propulsion control and ship monitoring Order value: medium two-digit million euro range The specialist for propulsion and power solutions Tognum has received a
AVEVA (LSE:AVV), a leader in engineering design and information management solutions for the plant, power and marine industries, today announced that it will be participating in the Nor-Shipping trade fair, in Oslo from May 24th -27th showcasing its field proven marine solutions. AVEVA staff will be
First Operatorship in the Barents Sea Stavanger / Kassel. The Norwegian Ministry of Petroleum and Energy has assigned Wintershall Norge two new licenses in the 21st Licensing Round. Wintershall is the operator of both licences. A total of 24 production licenses were awarded on the Norwegian Continen
LM Wind Power Group showed significant resilience in the light of continuing difficult global market conditions with revenue of EUR 727.5 million, 6.4% lower than previous year. Profit margin of EUR 125.1 million is 9% lower than EUR 137.4 million achieved in 2009. LM Wind Power’s revenues for the 1
Paul van Maanen (48) has joined Van der Velden® Marine Systems as Executive Vice President. He brings with him years of experience as a Managing Director in the shipbuilding and aircraft industries. Van Maanen will join the Corporate Executive Board and be co-responsible for the overall operation an
Valero Energy Corporation today reported income from continuing operations of $104 million, or $0.18 per share, for the first quarter of 2011, compared to a loss from continuing operations of $80 million, or $0.14 per share, for the first quarter of 2010. Included in the first quarter 2011 results w
Odfjell Drilling has on behalf of Deep Sea Metro Ltd. secured a contract with the BG Group for its first drillship; the Deepsea Metro I. The contract with BG Group has a firm duration of 365 days with 3×6 months options and a contract value of approximately 175 million USD including mobilization and
As a result of the 2010 shallow water bid round in Trinidad and Tobago, RWE Dea has been awarded one of the country’s offshore blocks. The respective Production Sharing Contract has now been signed with the Government of Trinidad and Tobago in Port of Spain. For RWE Dea, this marks the entry into th
Portugal’s port of Sines has received a shipment of Liquefied Natural Gas (LNG) from Nigeria. The LNG Sokoto, according to the website of ad… (allafrica) [mappress] Source: allafrica, April 26, 2011;
Chesapeake Energy Corporation announced today that it, through a new wholly owned subsidiary, Nomac Acquisition, Inc., is commencing a cash tender offer to purchase all outstanding shares of common stock of Bronco Drilling Company, Inc. . On April 15, 2011, the companies previously announced a defin
As scheduled, April 23, 2011, Vyksa Steel Works (VSW, Nizhni Novgorod Region), part of United Metallurgical Company (OMK), completed its deliveries of large-diameter pipes (LDP) for the construction of Phase 2 of the international gas pipeline Nord Stream. From May 2010 to April 2011, more than 200
