Van Oord has been awarded the dredging contract for the Iraq crude oil export expansion project off the coast of Iraq in the Arabian Gulf. The client is the South Oil Company of Iraq. Van Oord will be working for main contractor Leighton based in Australia. The contract value for Van Oord amounts to
Van Oord and the green investment company Typhoon Offshore B.V. signed a letter of intent for the construction of the BARD-Netherlands offshore wind farm. The wind farm (600 MW output capacity) will consist of two adjoining wind farms with a capacity of 300 MW each, located 55 km north of the island
Qatargas will mark its sixth straight year as a sponsor of the Commercialbank Qatar Masters to be staged at Doha Golf Club as a part of its 2011 Corporate Social Responsibility strategy. The pioneering Qatari LNG company, Qatargas sees the $2.5 million European Tour event coming again to Qatar as co
ConocoPhillips today reported fourth-quarter earnings of $2.0 billion, compared with fourth-quarter 2009 earnings of $1.3 billion. Excluding gains from asset dispositions, impairments and other items, fourth-quarter 2010 adjusted earnings were $1.9 billion, or $1.32 per share. For 2010, the company
Abu Dhabi has launched an ambitious project to link its massive offshore gas facilities with onshore networks as part of an ongoing … [mappress] Source:Emirates247, January 26, 2011;
IBERDROLA completed a €750 million issue of 3-year bonds on the euro market. Given the current favourable market conditions for companies such as IBERDROLA, the initial amount was raised by €250 million. This issue was nearly seven-times oversubscribed, drawing orders of €5.2 billion, and was placed
Global oil and gas deals returned to a peak of $183 billion in 2010, on strong interest in unconventional resources, portfolio adjustments… (economictimes) [mappress] Source: economictimes, January 26, 2011;
According to a new market research report, ‘Global & China Wind Turbine Market (2010 – 2015), published by MarketsandMarkets, new wind turbines capacity of 236.6 GW would be installed between 2010 and 2015, representing a CAGR of 17% in global installed capacity for the same period. In 2015, the mar
Multinational consortium Maputo Port Development Company (MPDC) plans to invest US$750 million by 2043 in order to increase the cargo … (macauhub) [mappress] Source: macauhub, January 26, 2011;
VICTORY is almost in sight for the opponents of plans to build a massive 40 acre electricity substation in the heart of East Lindsey. By Andrew Hirst (skegnessstandard) [mappress] Source: skegnessstandard, January 26, 2011
VICTORY is almost in sight for the opponents of plans to build a massive 40 acre electricity substation in the heart of East Lindsey. By Andrew Hirst (skegnessstandard) [mappress] Source: skegnessstandard, January 26, 2011
Hess Corporation reported net income of $58 million for the fourth quarter of 2010 compared with net income of $358 million for the fourth quarter of 2009. The after-tax income (loss) by major operating activity was as follows: Exploration and Production earnings were $420 million in the fourth quar
The first two of an eventual total of six Super PostPanamax Ship-To-Shore (STS) cranes are being delivered this week to Cai Mep International Terminal (CMIT) in the Cai Mep – Thi Vai port complex located approximately 80kms southeast of Ho Chi Minh City. Six Rubber Tyred Gantries (RTGs) will complet
The County Commission took the first steps Tuesday to take over control of the Hernando Beach Channel dredging project by rejecting the sole… By Barbara Behrendt (tampabay) [mappress] Source: tampabay, January 26, 2011;
