Aker Solutions Wins North Sea Contracts
Norwegian oil services firm Aker Solutions won two offshore contracts, including a 120 million pound ($188.82 million) deal to provide engineering, constructionā¦
RN-Aero, KazMunayGas-Aero Join Forces
RN-Aero (Rosneft subsidiary) and KazMunayGas-Aero (KazMunayGas subsidiary) signed an agreement, substantially increasing cooperation between the Companies. The accordā¦
MacGregor Bags Equipment Contract for 6 AH
MacGregor, part of Cargotec, has received a major order from Kleven in Norway for six comprehensive deck handling equipment packages. They will be installed on sixā¦
Aker Solutions Wins Mariner Development Deal
Aker Solutions secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-upā¦
Erik Henriksen Quits Noreco's Chairmanship
Chairman of the Board Erik Henriksen has given notice of resignation from his position on the Board of Norwegian Energy Company ASA. The notice will be consideredā¦
Nordic Prince Chartered by Noble Energy
Nordic Maritime, a leading offshore service operator, today announced its MKIII subsea service vessel Mokul Nordic has been renamed Nordic Prince and has startedā¦
Northrop Grumman Sponsors Jubilee Sailing Trust
Northrop Grumman Corporation (NYSE: NOC) is among the sponsors of the Jubilee Sailing Trust (JST), a registered charity whose mission is to promote the integrationā¦
Damen Wins Sitecore Business Transformation Award
Damen Shipyards Group, together with its website partner Evident,has won the āBenelux Sitecore Experience Award 2014ā in the category āBusiness Transformationā.
Oil Price Slid Beyond Fundamentals - OPEC
The secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) said on Sunday the price of oil had fallen further than market fundamentals would have dictated.
China, Kazakhstan to Ink $10 bln in Deals
China is expected to sign 30 cooperative agreements worth $10 billion with Kazakhstan as Premier Li Keqiang begins his first official visit to the country, the officialā¦
Investors Gamble Forest Preservation Will Pay Off in Carbon Markets
Some private investment companies are looking to profit from preserving forests in developing countries, betting that the emissions reductions can be sold in future carbon markets.
First Dividend from Nordex Likely
German wind turbine maker Nordex is mulling paying a dividend for the first time since listing on the stock exchange as part of efforts to create a long-term investor baseā¦
CEZ to Close its Bulgarian Thermal Plant
Czech power utility CEZ will wind down operations of its coal-burning plant in Bulgaria on Jan. 1, after it failed to get an exemption from European Union environmental rulesā¦
Russia Says Will React if U.S. Imposes New Sanctions
Russia will take counter measures if Washington imposes new sanctions on Moscow over the Ukraine crisis, Russia's Deputy Foreign Minister Sergei Ryabkov said on Saturday. The U.S.
UN Climate Talks Head for Watered-down Deal
United Nations climate talks, which ran on into a an extra day on Saturday, are heading for a watered-down deal on limiting global warming, leaving many of the toughestā¦
USCG Rescues Mariner from Boat Near Maui
A man is safe after being rescued from a disabled boat approximately 46 miles southwest of Kahoolawe, Maui, Saturday. At 10:15 a.m., watchstanders at the Coast Guardā¦
Fincantieri Launches Italian Navy Frigate
Riva Trigoso (Genoa) shipyard celebrated the launch of the frigate Alpino, the fifth of a series of 10 FREMM vessels - Multi Mission European Frigates, ordered fromā¦
Liebherr Opens New Office in Peru
With more than 100 attendees Liebherr celebrated the inauguration of the new office in Lima City, Peru. The new office will play a significant role in the Southā¦
Strike to Paralyze Belgium
Inchcape Shipping Services (ISS), the world's leading maritime services provider, is advising that Belgian trade unions have called a national strike for Monday.
Tug KOC Shahem Named in Romania
On 30 October Kuwait Oil Company (KOC) CEO Mr Hashem Sayed Hashem attended the naming ceremony of the ASD 3212 tug vessel KOC Shahem at Damen Shipyards Galati. Theā¦