Gryphon Technologies Wins $45m Contract

Wednesday, February 21, 2007
Gryphon Technologies, LChas been awarded a $45m contract by the U.S. Navy to provide engineering and technical services for the Supervisor of Shipbuilding, (SUPSHIP) Gulf Coast (SSGC). Gryphon will provide SSGC with the design, engineering, systems integration, test and evaluation, technical, data management, logistics, and information technology services, in connection with the Navy's existing as well as the newest and most advanced ships to include the DDG 1000, LCS,and LPD-17 classes.

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

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BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Offshore

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

 
 
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