The UK government Friday gave its consent to Norway's Statoil to go ahead with the $7 billion Mariner oil field development which is set to be the UK's biggest new North Sea project in more than a decade. Statoil took the final ...
The US Securities and Exchange Commission has launched legal action against unknown traders over claims they broke rules when trading in Heinz options before the US$28bn deal to buy the food giant was announced. The SEC claims traders had ...
Tags: SEC, legal action, Heinz Options
Farstad Shipping ASA - contract for building of a subsea/IMR vessel Friday, Feb 15, 2013 Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, reached an agreement with STX OSV AS to build one subsea/IMR vessel. ...
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GC Rieber Shipping contracts a new build and enters into long-term time charter agreements Thursday, Feb 14, 2013 GC Rieber Shipping has entered into an agreement with Kleven Verft ("Kleven") to build a new 22 streamer 3D seismic vessel ...
Automate 2013, North America’s leading automation event, was attended by a record 10,975 attendees from across the United States and 55 countries. The event took place January 21-24 at McCormick Place in Chicago. “Automate ...
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India's provision of outsourcing services to other countries will grow by 12% to 14% in the fiscal year starting April 1, a trade body predicted Tuesday. Demand for outsourcing services has been slowly picking up, according to analysts. ...
Tags: India, outsourcing service, IT industry
Political activists from the Middle East were targeted in attacks that exploited a previously unknown Flash Player vulnerability to install a so-called lawful interception program designed for law enforcement use, security researchers from ...
Tags: Flash Player, Adobe, mergency update
Property and casualty underwriter ACE Group has started underwriting energy risks through Syndicate 2488 at Lloyd’s of London in an effort to expand its global portfolio. The initiative represents the company's commitment to boost ...
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Demand for submarine cables for electricity transmission is growing, as national governments and regional organizations ramp up efforts to build offshore renewable power generation facilities, link remote landmasses, and interconnect their ...
Tags: submarine cables, electricity transmission, renewable power generation
BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to ...
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Advanced surface coating specialist Hardide Coatings has secured a grant of up to £250,000 under the Technology Strategy Board’s ‘Smart’ scheme to commercialize a novel coating that will enable a new generation of ...
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Anadarko Petroleum's Colombia unit will begin acquiring 2D and 3D seismic data at deepwater offshore blocks it operates in Colombia with an eye to begin a drilling program with partner Ecopetrol in 2014. Anadarko has six offshore blocks ...
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The American Iron and Steel Institute (AISI) reported Wednesday that based on the US Department of Commerce's most recent Steel Import Monitoring and Analysis (SIMA) data, steel import permit applications for the month of January totaled ...
Tags: US Import, Finished Steel, Mineral
On February 4, Hebei Province-based Chinese steel producer Hebei Iron and Steel Group announced that it has won a tender to supply construction steel to Wudonghe Hydroelectric Power Station at Jinsha River, a project of the Chinese ...
Tags: Hebei Steel, steel producer, Steel
Italy's Eni will spend a total of $1.445 billion to develop the Jangkrik North East offshore gas field in Indonesia's Muara Bakau block in the Makassar Strait, the head of Indonesia's upstream regulator SKK Migas said Friday. The ...