Rolls-Royce confirmed today that it has completed the deal to sell its Energy gas turbine and compressor business to Siemens for a £785 million cash consideration. The deal was originally announced on 6 May this year.Rolls-Royce has also…
Simrad Yachting, a leader in the design and manufacture of world-class marine navigation, autopilot, radar, communications and fishfinding systems, announced today its partnership with Maverick Boat Company. Maverick’s Cobia brand of center console…
Liquefied Natural Gas Limited informs that its wholly owned subsidiary, Magnolia LNG LLC (MLNG) has agreed to an EPC contract with SK E&C USA (EPC Contract) in relation to the Company’s Magnolia LNG Project. The Contract covers the initial 4 mtpa LNG installation…
Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has signed an agreement for the sale of its entire stake in Keppel FMO (KFMO) to Cofely GDF SUEZ for a cash consideration of S$44.72 million, subject to a post…
Total and Rosneft signed a Term Sheet that envisages the main terms and conditions of the purchase of 16.67% share in a refinery located in Schwedt, Germany (PCK Raffinerie GmbH). The document was signed in Sochi by the Head of Rosneft Igor…
Van Oord has reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering, Procurement, Contracting and Installation)…
Starting in December 2014, IHC Sealing Solutions will operate under the new – but also old and trusted – name of Lagersmit. The new pay-off line ‘The Origin of Sealing Solutions’ pays tribute to the company’s rich history and its desire to supply the best sealing solutions…
Moscow hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey.The meeting addressed the issues of strategic partnership…
Woodside, as Operator of the North West Shelf (NWS) Project, advises that the NWS Projectparticipants have approved the Persephone Project off the north-west coast of Australia.The Persephone Project is the third major gas development for the NWS Project in the past six years…
The CMA CGM Group has acquired the German shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG (OPDR), CMA CGM founder, chairman and CEO Jacques R. Saadé announced during his visit in Hamburg, Germany on November 25…
Petroleum Geo-Services ASA : Kuala Lumpur Becomes the New Asia Pacific Regional HeadquartersAs a part of the plan to restructure PGS business activities in Asia Pacific the Company has decided to relocate its regional headquarters from Singapore to Kuala Lumpur ('KL')…
Zargon Oil & Gas Ltd. announces that it has entered into a definitive purchase and sale agreement to sell its Hamilton Lake property for $25 million. Property DispositionZargon has entered into an agreement to sell its petroleum and…
UniMarine announced the opening of its new office UniMarine South Europe & Mediterranean.Located in Piraeus (Greece), the office will be servicing the Southern European and Mediterranean region. The office will be headed up by Mr Spiros…
On 21 November 2014, Hamburg Süd laid the foundation stone for the extension to the shipping company’s headquarters in Hamburg. The new building is going up at Willy-Brandt-Straße (WBS) 63 and 65 on the plots adjacent to the traditional Hamburg Süd head office (WBS 59 and 61)…
Fincantieri, the world leader in the construction of cruise ships, has signed two memorandums of understanding, respectively with Carnival Corporation, the world’s largest cruise line, and with China CSSC Holdings Limited, controlled by CSSC (China State Shipbuilding Corporation)…