Marine Contracting announced the successful towing of LLOG Exploration’s Delta House Floating Production Semi-Submersible to its’ operating site in the Gulf of Mexico’s Mississippi Canyon 254 field. The Delta House semi-submersible move project…
3sun Group, a specialist provider of products and services to the global energy industry, has appointed Dene Heywood as commercial director.Operating in the oil and gas and wind sectors both onshore and offshore, 3sun Group is an established…
Austrian newspaper Die Presse said on Thursday the contracts of OMV Chief Executive Gerhard Roiss and the head of OMV's gas division Hans-Peter Floren may be cut short before they run out in 2017, citing a recommendation from a board subcommittee…
Meltric Corporation, a leading manufacturer of industrial connectors including, UL/CSA switch rated plugs and receptacles, introduced today the DSN150 Series, which extends its popular DECONTACTORTM line of switch-rated plugs and receptacles to 150A/75HP…
The Board of Directors of Caterpillar Inc. voted today to maintain the quarterly cash dividend of seventy cents ($0.70) per share of common stock, payable November 20, 2014, to stockholders of record at the close of business on October 20…
A year after the epic collapse of his industrial empire, Brazilian tycoon Eike Batista's financial and legal troubles appear far from over.Once worth more than $30 billion and listed as the world's eighth-richest man by Forbes Magazine,…
IEA report sees energy efficiency finance becoming established market segment in its own right ... $310B & Growing Rapidly The global energy efficiency market is worth at least $310 billion a year and growing, according to a new report from…
Wärtsilä and two Indonesian partners have today signed a joint development agreement with the intention of creating the first ever bio-LNG plant in Indonesia. The co-signers of the agreement with Wärtsilä are PT Pertamina (Persero), a national energy company…
Samsung Heavy Industries won an order amounting to USD 440 Million for Three Arctic Shuttle Tankers from a European shipper. According to sources the order is from Russia’s state shipping firm Sovcomflot. The shuttle tankers will have a capacity of 42…
Keppel Offshore & Marine Ltd wholly owned subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd have secured contracts from repeat customers worth a total of S$153 million.Keppel Shipyard's contract is…
Caterpillar Inc. announced its sponsorship of the 2014 High Horsepower Summit (HHP) Summit, now underway in New Orleans, Louisiana. The event is North America’s leading conference on the use of natural gas to fuel high horsepower operations…
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…
A European Union plan to label Canadian tar sands oil as highly polluting as part of its fight against climate change has been abandoned after years of opposition from Canada, clearing the way for exports of tar sands crude to the European market…
The U.S. Energy Information Administration (EIA) has released its latest Short-Term Energy and Winter Fuels Outlook (http://www.eia.gov/forecasts/steo/). Select highlights follow: • EIA projects average U.S. household expenditures for natural gas…
Torgeir Kvidal is appointed Acting CEO effective 7 October 2014, and Jørgen Ole Haslestad has resigned as Yara CEO.'Yara's Board have concluded that Haslestad is not the right person to lead the company going forward, also in light of the on-going talks with CF Industries…
