FMC Technologies Awarded Statoil Contract

Friday, February 03, 2006
FMC Technologies announced it has signed an agreement with Statoil to provide subsea systems for the Vigdis Extension Phase 2 Project in the North Sea. The value of this contract is approximately $25 million. The contract includes subsea trees, a template structure with an integrated manifold, topside control systems, and related equipment. Deliveries are expected to begin in 2006. (Source: Houston Chronicle)
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Contracts

Teekay Renews Hull and Propeller Monitoring for LNG Carriers

Canada-based shipping company Teekay Corporation has renewed its contract with Propulsion Dynamics for its hull and propeller performance monitoring system CASPER Service.

NAO Announces Financials, Declares Dividend

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Vale Financials Disappoint; Iron Ore Prices, Currency Cited

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LNG

US Natgas Exports Would Raise Energy Prices but Boost Economy

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Korean Register to Drive LNG Fuelled Shipping

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Minimize the Risks, Think Cold Bonding

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