PARIS, Dec 09, 2008 (BUSINESS WIRE) – Regulatory News: At its meeting on the 9 December 2008, the Board of Directors of Technip (Paris:TEC) (ISIN:FR0000131708) reviewed the AFEP-MEDEF recommendations dated 6 October, 2008 concerning the remuneration of executive officers of listed companies. The Board considers that these recommendations are in line with the corporate governance [...]
Oceanteam ASA (OSL:OPU) OCEANTEAM ASA Agrees Long Term Contract With Technip UK Ltd
December 12, 2008 by Leave a Comment
Oceanteam ASA (OSL:OPU) Oceanteam ASA announced today that it has signed a contract with Technip UK Ltd for a vessel charter plus additional services for its Construction Support Vessel North Ocean 103 currently under construction in Vigo, Spain. The agreement will commence in 2009 for a minimum period of 8 years plus options for world [...]
Strikers return to work after a week in Quang Ngai firm
December 12, 2008 by Leave a Comment
Workers who went on a wildcat strike at a South Korean-owned company in the central Quang Ngai Province Thursday resumed work after one week following promises of better working conditions. On Thursday last week, around 1,300 workers gathered in front of Doosan Vina Company office in the Dung Quat Economic Zone to demand proper treatment [...]
Telloil delay refinery construction
December 12, 2008 by Leave a Comment
LOS ANGELES, Dec. 11 — Technostar Management and its partner Telloil have postponed the construction of a $1.7 billion refinery in central Vietnam due to slow site clearance, according to state media. The Vung Ro refinery, to be owned 51% by Technostar and 49% by Telloil, will be built in Phu Yen province, 1,160 km [...]
Technip awarded MA D6 field installation contract
December 10, 2008 by Leave a Comment
PARIS — AKER Installation Floating Production has awarded Technip a $180 million installation contract for Phase 2 of the development of the MA D6 oil field. The field, operated by Reliance Industries Ltd., is located off the eastern coast of India in KG D6 block. The contract includes engineering and project management, transportation, and installation [...]
New Case Study From Gas Liquids Engineering Highlights Meeker II in Colorado, Completed in 40% Less Time Using CADWorx
November 30, 2008 by Leave a Comment
HOUSTON, Nov 18, 2008 (BUSINESS WIRE) — COADE announced today the publication of a new Case Study from Gas Liquids Engineering Ltd. on the design of the second phase of the Meeker production complex in the Colorado Piceance Basin, completed in 40% less time using CADWorx Plant Professional. When in full operation, the Meeker facility [...]
Five Piping Hot Water Infrastructure Plays
November 28, 2008 by Leave a Comment
President-elect Obama wants to stimulate the economy by going the FDR/WPA route of creating two million jobs to fix America’s aging roads and highways. He may want to add the country’s crumbling water system to his infrastructure To-Do list. An article addressing just this point was published in last weekend’s Parade Magazine. Entitled “Our Crumbling [...]