Posts Tagged ‘product’

EMAS AMC scores a ‘Korean Double’ in Africa worth up to $200 million

by on November 9, 2012 3:05 pm BST
EMAS AMC scores a ‘Korean Double’ in Africa worth up to $200 millionSINGAPORE -- EMAS, an offshore contractor and provider of integrated offshore solutions, has secured two contracts with major South Korean clients worth a combined total of approximately $200 million.EMAS’ subsea division was awarded an EPCIC contract in Asia

Ezra bags Korean double

by on November 8, 2012 4:59 am BST
The company said on Thursday its subsidiary Emas AMC had been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract by STX Offshore & Shipbuilding for a turret mooring and subsea system in offshore Africa.The scope of the work will comprise the turnkey delivery of an external turret

Sinopec sees profits slide

by on October 29, 2012 4:15 am BST
The company posted a profit of 42.8 billion yuan ($6.8 billion) for the nine months to 30 September, down more than 30% on the 61.4 billion yuan profit booked during the same period a year ago.Sinpoec attributed the fall in profits largely to the “plummeting results” of its chemicals segment as a

UPDATE 2-Germans, Dutch and Finns reopen tricky EU bank deal

by on September 25, 2012 8:45 pm BST
Tue Sep 25, 2012 4:45pm EDT * Statement from finance ministers re-examines June deal * Three countries want to separate "legacy" bank problems* Position will pose problems to Spain and IrelandBy Luke BakerBRUSSELS, Sept 25 (Reuters) - Germany, the Netherlands and Finland issued a joint declaration on Tuesday that appeared to unravel much