Managing Director News

'Ireland is a growth market for tractor sales'

The island of Ireland is a growth market, where tractor sales are concerned, according to Same Deutz-Fahrs recently appointed Managing Director for the UK and Ireland Mark Ormond.The former Lemken General Manager takes up his new position on March 1 and said that tractor sales are under pressure across Europe at the present time,And this is a direct response to the pressure on commodity prices.

This oil and gas engineering firm is actually creating graduate jobs - despite the industry downturn

26 February 2015 | By Stephen HarrisA British engineering firm has revealed plans to increase graduate hiring over the next two years - despite the downturn in its main market, oil and gas.Universal Engineering needs new exployees to help it keep up with international demand for underwater cities of oil and gas equipment.Universal Engineering…
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BBC News - Oil rigs fall idle after global crude prices drop

23 February 2015Last updated at 19:00 ETBy Sarah Porter & Ali MooreBBC News SingaporePlease turn on JavaScript. Media requires JavaScript to play.WATCH: Oil rigs across south east Asia are being mothballedWith the halving of world oil prices since June last year, the oil industry as a whole has been hit - but those involved…

Cormann says no open chequebook for subs

Finance Minister Mathias Cormann is set to front a parliamentary hearing in Canberra.The Abbott government won't provide Australian industry with an open chequebook to help build the nation's next submarine fleet.Finance Minister Mathias Cormann has reiterated the government's desire to acquire the best possible submarines…

Statoil selects Asco for Mariner services

Statoil has chosen UK-based oilfield support services firm Asco for its supply base and warehousing services on the UK North Sea Mariner field. The contract comes under two five-year contracts, with extension options, due to start in Q1 2016, with the supply base and warehousing facility operated from Peterhead, north of Aberdeen.

Media Release: Fisher Offshore expands partnership with Ingersoll Rand in Malaysia

A NORTH-east energy industry specialist has extended its relationship with one of the worlds leading suppliers of industrial equipment following a recent successful expansion into Asia.Fisher Offshore is already the UKs largest provider of Ingersoll Rand winches, hoists and air-powered tools and will now be the sole distributor for its material handling product line in Malaysia.The company…

BAE Systems flying high after £72m boost

Upgrade work on the Eurofighter Typhoon warplane will be worth £72m to BAE Systems in Lancashire, it has been revealed.That will be the companys share of a £165m contract to deliver further enhancements to the aircraft which has been signed in Abu Dhabi.The news has been welcomed by bosses at BAE factories in the county.Two…

Engineer hails diversity as new contracts flow (From The Northern Echo)

A FAMILY engineering firm has hailed its diversity after securing work across a number of sectors. Francis Brown Limited, in Stockton, is overseeing energy projects across the oil, gas and renewable industries. The 112-year-old firm is making stainless steel support structures for the Nyhamna onshore gas plant project, in Norway.
Shipping News Feature

Heavy Lift and Outsize Cargo Outfit Expands Into China

New Shanghai Office Will Strengthen Special Projects Group PositionCHINA – The outsize and special projects cargo carrier Hansa Heavy Lift has extended its reach with the opening of a new representative office in Shanghai as part of an ongoing push to grow its Asian footprint. Headed by Wenhe Shi, Hansa says the office…
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Cochin Shipyard may Lose LNG Project

Building an LNG ship worth `1,500 crore was one of the major projects announced by the Central Government last September to rescue the beleaguered Cochin Shipyard Limited (CSL). The public sector undertaking was in troubled waters due to stringent order book. CSL was among three shipyards in the country selected for building the LNG ship for GAIL(India) Limited to transport gas from US by 2017.

India exports its first warship CGS Barracuda to Mauritius-India TV News

New Delhi:  India exported its first warship, the Coast Guard Ship Barracuda to Mauritius on Saturday. CGS Barracuda is the first ever naval ship to be built by India for a foreign nation, under the 'make in India banner has reached Kochi Coast for its last leg of training in Aviation.Built by defence PSU Garden Reach Shipbuilders and Engineers Limited (GRSE) in Kolkata…

Bright Prospects for UK Firms in Gulf Region

UK sources say the failure of a deal to sell the Eurofighter Typhoon shown on display at a military show launching the 2013 IDEX in Abu Dhabi to the UAE has had no lasting effect on prospects for other sales to the Emirates.(Photo: KARIM SAHIB/AFP)LONDON IDEX brings British industry back to the United Arab Emirates for…

Pioneers create roadmap for unmanned shipping

18/02/2015Taken from: Marine Electronics & Communications February/March 2015We are at the dawn of the intelligent ship era, as shipowners are investing in vessel monitoring technology, and suppliers are developing ways to remove the crew. There are predictions that ships will eventually become autonomous or remotely controlled from shore centres by 2030.

South Korean Technology Likely for LNG Ships

If everything goes well, efforts to build liquefied natural gas (LNG) ships in the country is likely to be fulfilled with South Korean technology.At present, a government-backed plan to build locally at least three of the nine new LNG carriers, which will be hired by GAIL (India) Ltd from fleet owners to bring gas from the US by 2017, is in motion.Each carrier would cost around `1,250 crore.

Seacat Services launches second 26m crew transfer vessel

Seacat Services has launched its second 26m-long crew transfer vessel Seacat Courageous.This latest tank-tested, class-certified workboat will join its sister vessel Seacat Intrepid, as part of the operator's fleet of nine vessels.Seacat Services managing director Ian Baylis said: "Since her launch in October last year…

BP and Maersk Partner to Train Offshore Rig Crews at New Houston Facility

Determined to survive the current global oil crisis, BP plc and Maersk Training remain focused on producing a competent and skilled workforce. The two European oil companies have entered a 5-year contract in which Maersk Training will train BP’s offshore rig crews. The training will take place at Maersk’s new state-of-the-art training facility in Houston…

Teesside firm opens Brazil office

A subsea engineering firm is opening a new overseas operation after doubling its turnover and investing £1.5m in new machinery and additional manufacturing space.QA Weld Tech, based at Middlesbroughs Riverside Park, industrial estate, is opening a new factory in Sao Paulo as it taps into the buoyant Brazilian oil and gas…

New jobs in subsea engineer's £2m expansion (From The Northern Echo)

A SUBSEA firm founded by two North-East engineers is expanding into South America after a little encouragement from Brazilian energy bosses. QA Weld Tech, in Middlesbrough, is opening a factory in Sao Paulo, to continue making components for pipelines in the oil and gas sector. The company, which employs more than 100 workers in the region…

ABB Wins Contract from Chinese Shipyard

ABB announced that it will deliver advanced electrical propulsion systems for four LNG carriers under construction by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. The LNG vessels are a joint venture between China National Offshore Oil Corporation (CNOOC), China LNG Shipping (Holdings) Limited (CLNG) and Teekay, and will operate under 20-year time-charter contracts with Methane Services Limited…

HAL awards BAE Systems Hawk support contract

Bengaluru, Feb 18, 2015, (IANS)BAE Systems has secured a five-year contract worth 18.5 million pounds (Rs.1.78 billion) to provide Hindustan Aeronautics Limited (HAL) a comprehensive package comprising ground support equipment, spares, support and training for the Hawk Mk132 advanced jet trainer (AJT).This is in support…