Saudi Aramco Charter 3 VLCC's for U.S. Crude Import
The very large crude carriers (VLCC's) will load at Ras Tanura terminal for deliveries to a US Gulf Coast port next month. The very large crude carriers will each load 280…
New Caterpillar Rig Pressure Pump Engine
Caterpillar's new 16-cylinder, 78 liter engine will be revealed for the first time at the 2013 CIPPE Show in Beijing. Manufactured in Lafayette, Indiana, the new Cat 3516C (HD) engine builds on the established track record of the 3512C (HD) engine, which has logged millions of hours in oilfields around the globe, including in China. The engine will be available in three ratings: 2,461 bkW (3,300 bhp), 2,349 bkW (3150 bhp) and 2,237 bkW (3000 bhp) @ 1900 rpm. The engine meets U.S.
When a Canadian Shipyard Loan Becomes a Grant ...
The government's assistance package, revealed in March 2012, includes the forgivable loan worth up to $260 million (but Irving will have to repay it if it doesn't…
Nuclear Submarine Keel-laid at NNS
HII's Newport News Shipbuilding (NNS) division celebrates the keel-laying of US Navy Virginia-class submarine 'John Warner'. The keel has been laid for John Warner (SSN 785), the only Virginia-class submarine to bear the name of a person, and that person was present at the ceremony. "Each submarine we build becomes a piece of our company's history; each submarine becomes a part of our Navy's history…
BP Appeal 'Deepwater Horizon' Compensation Ruling
BP requests a judge to temporarily halt claims paid out as business economic losses, claiming that many were fictitious & absurd. In a filing in federal court in New Orleans…
