Contracts News


Enel Says Latin America Head Quits

Jan 21, 2015

The head of Enel's Latin American business has resigned for personal reasons, the Italian utility said in a statement on Wednesday.Luigi Ferraris, former Enel CFO and chairman of renewable unit Enel Green Power, has also quit his position as general manager of Chilean subsidiary Enersis…

“Jag Vidhi” Delivered to Buyers

Jan 21, 2015

The Great Eastern Shipping Company Ltd. (G E Shipping) delivered its 1990-built Very Large Gas Carrier “Jag Vidhi” (49,701 dwt) to the buyers on 21st January, 2015. The company had contracted to sell the ship in July 2014. After the delivery of the vessel…

Change in CEO at Golar LNG

Jan 21, 2015

Golar LNG Limited today announced that Doug Arnell has decided to step down as CEO of Golar on February 1, 2015. Mr. Arnell's decision is driven by a personal wish to return with his family to his home country of Canada.Mr. Arnell will be succeeded by Gary Smith…

Fugro Wins Flood Risk Data Contract

Jan 20, 2015

Fugro, as a member of the Compass PTS joint venture, has been awarded an indefinite delivery/indefinite quantity (ID/IQ) contract for flood risk data services. The contract was awarded by the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA)…

Saab, Damen Jointly Pursue Submarine Contracts

Jan 20, 2015

Saab, Damen ink partnership agreement to pursue prospects in the international submarine marketSwedish defense and security company Saab has partnered with Dutch shipbuilder Damen Shipyards to explore future opportunities in the international submarine market…

GE Electric Propulsion Equipment for LNG Carriers

Jan 19, 2015

GE Power Conversion receives first order in Japan from Kawasaki Heavy for electric propulsion motor equipment for LNG vessels GE’s Power Conversion business has received a new order from Kawasaki Heavy Industries, Ltd. for electric power and propulsion systems for two LNG carriers…

MacGregor Bags Contract from STX

Jan 19, 2015

MacGregor, part of Cargotec, has received a contract from STX France SA to deliver cargo and passenger access equipment for two cruise ships. The order was booked into fourth quarter 2014 order intake. MacGregor's 'turnkey' delivery includes the design…

Port of Cork to Upgrade Cobh Cruise Terminal

Jan 19, 2015

The Port of Cork will invest over €1.5 million in upgrading facilities at Cobh Cruise Terminal, Ireland’s only dedicated cruise berth, with the installation of a number of high load mooring bollards at the east and west end of the Cobh Cruise Berth which will enable larger ships to be berthed…

Golar LNG Secures Charters for Carrier Duo

Jan 19, 2015

Golar LNG announced today that it has been awarded 2 time charters by Nigeria LNG Ltd ('NLNG') to employ the recently delivered Golar Frost and Golar Crystal. Employment of both vessels under these contracts will commence in January 2015…

Irving Shipbuilding Update

Jan 17, 2015

In a technical briefing with media in Ottawa this morning, representatives from Public Works Government Services Canada, the Canadian Navy and Irving Shipbuilding provided an overview of the Arctic Offshore Patrol ship program including the ship’s design and capability…

ST Engineering Wins $ 509 mi Contracts in 4Q2014

Jan 17, 2015

Singapore Technologies Engineering Ltd (ST Engineering) announced today that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics) has secured about $509m worth of contracts in the fourth quarter of 2014 (4Q2014) for Rail Electronics & Intelligent Transportation…

Brazil's QGEP, Petrobras return Exploration Block End Farm-in

Jan 16, 2015

Brazilian natural gas and oil producer QGEP Participacoes SA said on Friday it abandoned an offshore exploration block it owns with Brazil's sate-run oil company Petrobras after deciding continued exploration was not economically viable.The returned block…

ABB, Stadler Jointly Clinch $ 40 mi Orders

Jan 16, 2015

ABB traction technologies to drive reliable, energy-efficient trains destined for markets ranging from the United States to Europe’s highest mountain railway stationZurich, Switzerland, January 16, 2015 – ABB, the leading power and automation technology group…

Schlumberger Slashing 9,000 Jobs

Jan 16, 2015

Shlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices.The company said it took charges amounting to $1…

West Coast Ports "Approaching Gridlock"

Jan 16, 2015

The U.S. is experiencing delays at some major ports due to congestion and labor issues, with the Pacific Maritime Association (PMA) warning that operations at the five largest ports on the West Coast are approaching gridlock.The PMA,…

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