Earnings from FPSO will expect to add to bottomline from FY14. Group continues to realign resources to provide Project Management, engineering and construction services in fixed and floating production facilities sector EOC Limited ...
Tags: FPSO, EOC, floating production, offshore production, O&G, oil
Rolls-Royce, the global power systems company, has been awarded a strategic contract to supply Abu Dhabi Marine Operating Company (ADMA-OPCO) with power generation equipment and related services to help boost oil and gas processing at the ...
Tags: Rolls-Royce, UAE, oil, gas, energy
We have heard a variety of 3D printers including food-based 3D printers. Do you still remember the first commercial chocolate 3D printer which arrived back in 2011? Recently, more institutions join the food-based 3D printing. Back in ...
Tags: 3D printer, food 3D printer
Reportedly, the Brazilian mining giant Vale is planning to reduce costs and decrease capital spending by selling its minority interest of a 26.9% stake in its business of steel, coal and fertilizer in CSA Plant. The Plant is majority-owned ...
Tags: steel, Metallurgy, Mineral
EnerVest, Ltd., and its affiliates today announced they have entered in to a binding agreement to sell assets in the Permian Basin to QEP Energy Company, a wholly owned subsidiary of QEP Resources, Inc., for $950 million. The divestiture ...
Tags: EnerVest, Basin Sale
Cheniere Energy, Inc. ("Cheniere") (NYSE MKT: LNG) announced today that its wholly owned subsidiary, Corpus Christi Liquefaction, LLC ("Corpus Christi Liquefaction") and Bechtel Oil, Gas and Chemicals, Inc. ("Bechtel") have entered into ...
Tags: Cheniere Energy, Metallurgy
“I look at Safelite like the New York Yankees,” says Mark Liston, president of Glass Doctor, describing Safelite’s recent purchase of Guardian’s retail assets. “Who they can buy, they will. Simple as ...
Tags: Auto Glass, Construction Glass
Manitoulin Group's announcement tonight that it will be purchasing all shares in major LTL player Vitran may be its biggest move of the year, but it's certainly not the first. Manitoulin, which has over 3,000 pieces of equipment and more ...
According to a Monday report from Forbes, Brazilian mining giant Vale is planning to sell partial stakes in its steel, coal and fertilizer businesses in order to reduce costs and decrease capital spending. The steel stake up for grabs is ...
Tags: cost, metallurgy, CSA
Following the transaction concluded with German steel giant ThyssenKrupp for the divestment of Italian mill Terni and the high performance alloy unit VDM, Finland-based stainless steel producer Outokumpu has stated that with this ...
Tags: steel, metallurgy, price
Hess Corporation (NYSE:HES) today completed the previously announced sale of its Natuna A asset, located off the coast of Indonesia, to PT Pertamina and PTT Exploration and Production Company Limited for a total after-tax consideration of ...
Tags: Oil and Gas News, Hess, Natuna Asset, Sale
Springfield, Ohio-based distributor Benjamin Steel Co. Inc. announced Monday that it has acquired the structural steel division of Byer Steel Group, which was renamed Frederick Steel. The division will continue to operate at its current ...
Tags: steel, metallurgy
As Bitcoin's popularity grows, so does talk about its standing as legal tender, but there are lingering issues that need to be sorted out before people start using Bitcoin to buy everyday things, experts said on Monday. Bitcoin has been ...
Fifth & Pacific Companies, Inc. announced that it has entered into a definitive agreement to sell Lucky Brand Jeans to an affiliate of Leonard Green & Partners, L.P. (LGP) for total consideration of $225 million, with $140 million of the ...
Tags: Fifth&Pacific, Lucky Jeans
Italian luxury car maker Maserati has introduced its new Maserati Quattroporte generation cars in two models in Malaysia. Models of the new concept available for sale include Maserati Quattroporte S and GTS, which are equipped with direct ...
Tags: Maserati, Maserati Quattroporte, car, luxury car, Malaysia