Search Results for: marine construction

  • News

New pressure for Davie Yards to come out of bankruptcy

Bankrupt Quebec shipbuilder Davie Yards has gotten another order from the Québec Superior Court extending the stay of proceedings against it under Canada’s Companies’ Creditors Arrangement Act (“CCAA”) until March 10, 2011.

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Transocean orders two jack-up rigs at Keppel FELS

Transocean Ltd. (NYSE: RIG) reports that a subsidiary has been awarded five-year drilling contracts for two newbuild high-specification jack-up rigs for operations in Thailand for a subsidiary of Chevron Corporation (NYSE: CVX).

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Pentagon budget request funds 11 ships in FY 2012

Secretary of Defense Robert Gates today unveiled the president’s fiscal year 2012 budget request for the Department of Defense. It includes a base budget request of $553 billion, and an overseas contingency

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New FPSO work secured by Keppel FELS for Brazil

Singapore’s Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, announced today that it had secured two contracts totalling R$500 million (approx. S$381.4 million) for Floating Production storage

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Wärtsilä names next President and CEO

Wärtsilä’s Board of Directors has appointed Björn Rosengren M.Sc. (Tech.), born 1959, as the new President and CEO of Wärtsilä Corporation. He will assume the position on September 1, succeeding  Ole Johansson,