Contracts

Fire Departments Choose Sea-Fire Systems

Metalcraft Marine's Firestorm high-speed, aluminum fireboat represents a new generation in vessel technology, especially when fitted with Sea-Fire H Series engineered fire suppression systems.

Russian Liftings for Western Options at 12-Year Low

By Gleb Gorodyankin MOSCOW, Nov 25 (Reuters) - Exports of Russian crude oil to Western markets are set to fall by almost a third in December and reach a 12-year

C&J Energy, Nabors Merger on Hold

A Delaware court has held up the merger of oilfield services provider Nabors Industries Ltd's unit with C&J Energy Services Inc, saying C&J's board did not adequately shop the company,

56 Countries Seek Carbon Capture Incentives

Fiscal incentives for carbon capture should be part of the global climate change agreement that replaces the Kyoto Protocol, 56 countries belonging to the U.N.

EU Okays German Green Energy Scheme

Germany subsidies for producing renewable energy did not flout EU rules, the European Commission announced on Tuesday, following an in-depth investigation into

Total Faces Legal Test over Iran Contracts

French oil company Total is to face trial in France over corruption allegations relating to Iranian contracts dating from the 1990s and early 2000s, the Paris prosecutor's office said on Tuesday.

Oil Dips Below $80 Ahead of OPEC Edict

OPEC meets in Vienna on Thursday to discuss production; Iran, Venezuela, Libya, Ecuador want cartel to cut output. Brent crude oil prices steadied around $80

Vens, Saudi, Mexico, & Russia All to Meet on Market

Venezuela will meet with OPEC heavyweight Saudi Arabia and major non-OPEC oil producers Russia and Mexico to discuss "coordination" in the oil market, Venezuelan

ERSAI Awarded Contract in the Caspian Region

Saipem, through its controlled company ERSAI Caspian Contractor LLC, has been awarded a new engineering and construction contract in the Caspian Region. The contract awarded to ERSAI,

Foster Wheeler Wins US Contract for HRSGs

  Amec Foster Wheeler today announces that BHI Co., Ltd., a licensee of its Global Power Group, has been awarded a contract by a prominent US power producer to

Overwhelming Support for ‘Hit the HMT Target!’

Today, the American Association of Port Authorities (AAPA) applauded a “Dear Colleague” letter to the leadership of the Senate Committee on Appropriations that was signed by 22 senators,

Navios Revenue Up 25% in 3Q 2014

  Highlights of Navios Maritime Holdings Inc. Financial Results for the Third Quarter and Nine Months Ended September 30, 2014: Revenue 25% increase to $152.

Mexico's IEnova wins CFE gas pipeline project near U.S. border

A unit of energy infrastructure company IEnova, the Mexican subsidiary of U.S. firm Sempra Energy, said on Monday that Mexico's state power company CFE had awarded

JDR Wins Umbilical Order in W. Africa Deepwater

Royal Niger Emerging Technologies, a Nigerian oil and gas service company, has awarded JDR a fast track contract supporting the West African Abo project for the manufacture of a 1.

Dutch Yards May Need to Rethink Contract Structures

Rotterdam-based law firm AKD said a recent decision of the Dutch courts means that shipyards in The Netherlands may no longer be able to rely on the right to retain

LR to Class Maersk Supply Service Anchor Handlers

The six vessels (plus four options) placed in the Norwegian yard will be assigned Lloyd’s Register (LR) class notations 100A1, Offshore Supply Ship AHTS, Fire Fighting Ship 1 (2400),

Prices Gain on Lower Wind, Cold Winter Forecasts

An expected drop in renewable power output and forecasts for colder weather drove central and southeastern Europe spot power prices higher on Monday, while front-year

Ukraine to Buy up to 1 bcm/month of Russian Gas

Ukraine will look at buying up to 1 billion cubic metres (bcm) of natural gas per month from Russia starting in January, Naftogaz Chief Executive Andriy Kobolyev said on Monday.

Russia to Suggest oil Output Cuts, Eyes Oil Reserve

Moscow may make oil output cuts of 15 mln t in 2015; Russia risks fall into recession with oil under $60 per barrel. Russia, in desperate need of higher oil prices,

Bluestar Elkem Makes $640 mln Bid for REC Solar

China's Bluestar Elkem Investment agreed to buy Norway's REC Solar for 4.34 billion crowns ($640 million), a 15.9 percent premium to the stock's last close, it said on Monday.

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