ATR Group is set to introduce new compressor technology to the Norwegian market following a £7 million investment in its rental fleet. The company’s Power Solutions division is one of the only organizations supplying the DNV 2.7-2 NORSOK…
NorSea Group (U.K.) Limited is making a major, long-term commitment to the U.K. with the announcement that it will take over operatorship of Smith Quay and Embankment at Peterhead on a 10-year agreement as of September 1. NorSea Group also has…
Following an announcement made by Arianespace on the anomalies of the orbit injection of the Galileo satellites, the teams of industries and agencies involved in the early operations of the satellites are investigating the potential implications on the mission…
Independent well completion and intervention technology developer and manufacturer Omega Completion Technology has secured a completions framework contract with Statoil ASA.The contract awards Omega the right to supply its unique ReACT Technology…
Ramco Systems has announced that it has been awarded a five-year contract from the Asia division of Vopak, the world’s largest independent tank storage provider, to integrate a part of its regional Human Resource functions into a single platform…
Ten building contractors were recognized Monday, Aug. 11, 2014, by the Long Beach Board of Harbor Commissioners for hiring the most Long Beach residents for construction jobs at the Port of Long Beach’s Middle Harbor Redevelopment Project…
Bonds of oil and gas pipeline company Kinder Morgan Inc rallied Monday on expectations that its credit ratings would be boosted to investment-grade following a US$70bn deal to bring all of its publicly traded units into one group.Kinder Morgan's 5% February 2021 bonds jumped to 107 from 101…
GAC Pindar has secured a three-year extension of its contract with the global Extreme Sailing Series™ to manage the complex worldwide shipping of the Series’ Extreme 40 boats, equipment and support materials.Andrew Pindar, Director of GAC Pindar…
Eni to cut over 50 pct of refining capacity; could cut excess Europe capacity by a quarter. Unions fear eventual job losses.Plans by Italian oil major Eni to slash its refining business by more than half could squeeze out a quarter of Europe's refining overcapacity…
Optimus Seventh Generation Ltd., an Aberdeen headquartered behavioral change consultancy, recently secured two contracts to provide safety leadership training to clients including Bibby Ship Management in the North Sea, and a new Asia-based client…
Johnston Carmichael, one of Scotland’s Chartered Accountancy and business advisory firms, is launching a service designed to help contractors unlock cash in their limited companies, which launches today, August 6.Contractor MVLs has been designed around a Members Voluntary Liquidation (MVL)…
The American Bureau of Shipping (ABS) informs that it has entered into a new Memorandum of Agreement (MOA) establishing the policies and procedures regarding the survey and classification of the National Defense Reserve Fleet (NDRF). The agreement…
Former Afloat Programs Manager at the United States Navy Military Sealift Command (MSC), Kenny E. Toy, was sentenced to 96 months in prison for receiving bribes, the U.S. Department of Justice said.Toy was sentenced by United States Chief…
International Shipholding Corporation (ISC) has announced financial results for the quarter ended June 30, 2014, summarized here:Net Losshe Company reported a net loss of $664,000 for the three months ended June 30, 2014. For the comparable three months ended June 30…
Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014. Following are highlights for this period and excerpts from the Company's future outlook: 2Q2014 Upstream revenue and EBITDA…
