The latest version of K-Sim DP, a Dynamic Positioning (DP) Manoeuvring simulator from Kongsberg Maritime, has received the prestigious Class A Certification from Det Norske Veritas (DNV). This makes it compliant with the highest DNV ...
Tags: dynamic positioning, HPR
Lundin Norway AS, operator of production licence 410, has completed drilling of wildcat well 16/5-5. The well was dry. The well was drilled about 20 kilometres south of the Edvard Grieg field in the central part of the North Sea. The ...
International Crankshaft Inc. (ICI), a reputable international company operates in the motor vehicle gasoline engine and engine parts manufacturing has joined Japanese steelmaker Nippon Steel & Sumitomo Metal (NSSMC) to build a new forging ...
Tags: Metallurgy, Mineral, Construction
SALT LAKE CITY, Dec. 19, 2013 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) announced that the Szymanowice-1 well in Poland tested gas during a drill stem test (DST) in a 28 meter section of the Rotliegend sandstone target reservoir. The ...
Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and the U.S.A. provides the following ...
In the January-November period of the current year, the aggregate shipbuilding output in China (from a total of 80 shipbuilding enterprises) amounted to 38.86 million deadweight tons (dwt), down 23.1 percent year on year, according to the ...
Tags: shipbuilding
The Steel Chamber Argentina reported that steel production in November was 18.7 percent higher (395,400 tons) compared to November last year.The increase is largely explained by some plant outages made last year resulting from investment ...
Tags: steel, metallurgy
The Australian government has announced that it has imposed antidumping (AD) duty on hot rolled steel plate imports from Japan, China, Indonesia and South Korea and countervailing duty (CVD) on the same imports from China. The antidumping ...
Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, has announced that it plans to increase the registered capital of its wholly-owned subsidiary Nanjiang Steel ...
Tags: steel, metallurgy
According to a report released by the German Federal Statistical Office (Destatis), in November this year the import price of iron ore increased by 19.5 percent year on year in Germany, remaining unchanged from the year on year increase ...
Tags: iron ore, metallurgy
India's finished steel consumption totaled 48.29 million mt in the first eight months of the current Indian fiscal year (started April 1, 2013), with just a 0.4 percent year-on-year increase, according to provisional estimates released by ...
Tags: steel, metallurgy
In the first 10 months of this year, Japan's cold rolled sheet and strip shipments decreased by 1.12 percent on year-on-year basis, according to the Japan Iron and Steel Federation (JISF) data. The country's CR sheet and strip shipments ...
Tags: iron, CR, steel, metallurgy
Russian mining and steel group Mechel has announced its consolidated financial results for the first nine months of the current year. In the January-September period, Mechel saw an operating loss of $393 million compared to an operating ...
Tags: steel, metallurgy
The Ukrainian mining and steel producing group Metinvest has announced its results for the first nine months of 2013. In the given period, Metinvest's net profit amounted to $463 million, rising eight percent compared to the same period ...
Tags: steel, metallurgy
International credit ratings agency Standard & Poor's Ratings Services has announced that it has raised its long-term corporate credit rating for Tata Steel UK Holdings Ltd. to 'BB-' from 'B+'. The outlook is negative. S&P said that the ...
Tags: steel, metallurgy