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Posts Tagged ‘worth’

Dayen bags first Bahrain contract worth $2.15m

December 11th, 2009 | No Comments

Dayen Environmental, the wastewater treatment specialist, says it has entered into a new contract with Habib Ali Awachi & Sons Group for a new sewage treatment plant in Bahrain.

Under the contract, Dayen will supply and supervise the installation and commissioning of a 1,000 cubic metres/day municipal sewage treatment plant system using Membrane Bioreactor technology for Bahrain Petroleum Company (BAPCO), a wholly-owned company of the Government of Bahrain engaged in the production and refining of crude oil.

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Keppel O&M clinches 3 contracts worth $160m

December 10th, 2009 | No Comments

Keppel Offshore & Marine, through its subsidiaries Keppel Shipyard and Keppel FELS, says it has secured contracts worth $160 million for a Floating Production Storage and Offloading (FPSO) vessel conversion, a Derrick Lay Barge completion and the life extension of a semisubmersible rig.

The first contract was secured by Keppel Shipyard for the conversion of an FPSO from Emas Offshore Construction and Production (EOCP), a subsidiary of EOC.

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CH Offshore clinches 4 charter deals worth $35.4m

December 4th, 2009 | No Comments

CH Offshore says the company has entered into the following charters with third parties:

  • A two-year extension of time charter of one 5,000bhp (brake horse power) anchor-handling tug/supply vessel;
  • A 699-day time charter of one 5,400bhp anchor-handling tug/supply vessel;
  • A 14-month extension of time charter of one 4,826bhp anchor-handling tug/supply vessel; and
  • A 275-day extension of two bareboat charters of two 12,240bhp anchor-handling tug/supply vessels, with the option for further extension.

The total gross contract value for the charters is US$25.6 million ($35.4 million).

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Kingsmen Creatives wins 2 Singapore Pavilion contracts worth a total of $4.5m

December 1st, 2009 | No Comments

Kingsmen Creatives says wholly-owned subsidiary Kingsmen Exhibits has been awarded two contracts worth a total of $4.5 million to provide audio visual & multimedia, signages, exhibition interiors and facility management services for the Singapore Pavilion at the World Expo 2010 held in Shanghai.

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Yongnam clinches 4th contract for Marina Coastal Expressway worth $21.5m

November 30th, 2009 | No Comments

Yongnam Holdings, the structural steel contractor and specialist engineering solutions provider, says it has been awarded its fourth contract, valued at $21.5 million, for the Marina Coastal Expressway (MCE). With this latest contract win, the group says it has so far secured contracts worth a total of $283 million for the expressway project.

Yongnam will support main contractor Samsung C&T Corporation through the installation and removal of temporary steel strutting and walling works for the wide and deep tunnel excavation. The contract is targeted for completion by September 2012.

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Swiber secures Myanmar offshore installation project worth $107m

November 25th, 2009 | No Comments

Swiber Holdings, the provider of offshore offshore engineering and marine support services for the oil and gas industry, says that it has signed a Letter of Award with a Myanmar oil and gas company for a contract worth US$77 million ($106.5 million).

Under the deal, Swiber will install gas pipelines totalling 150km in length. The six-month project is expected to start in the 1st quarter of 2010 with the date of completion targeted for the 2nd quarter of 2010. Preparation work will begin in December.

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Rigbuilder Keppel wins two deals worth $165m

November 25th, 2009 | No Comments
Keppel Corp (KPLM.SI), the world’s top offshore oil rig builder, said today its subsidiaries have won two contracts worth a total of about $165 million. 

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New Quad-Core iMac “worth the wait”

November 23rd, 2009 | No Comments

Reviewer James Galbraith (macworld.com) gives the new quad-core 27-inch iMac computers with Intel Core i5 and Core i7 “Nehalem” processors 4.5/5 mice, calling them “worth the wait.” In performance tests, writes Galbraith, the 2.55GHz Core i5 iMac was “the fastest standard configuration Mac we’ve ever tested” and the Core i7 “showed even greater performance prowess.”

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WiMax Rollout Hits Chicago, Dallas-Fort Worth

November 2nd, 2009 | No Comments

Despite its struggles, Sprint continues to push wireless 4G WiMax service with official launches in Chicago and Dallas-Fort Worth along with three markets in North Carolina. By the end of 2009, Sprint promises WiMax rollouts in Honolulu, Seattle, San Antonio and Austin, Texas.
– Sprint said Nov. 2 it has launched WiMax service in Chicago and Dallas-Fort
Worth in addition to three markets in North Carolina.
Sprint
launched the nation’s first WiMax deployment in Baltimore in September 2008
before spinning off its WiMax Xohn division into Clearwire’s 4G operations.
Clearw…


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Russia – future profits big enough to be worth the wait?

October 18th, 2009 | No Comments

I have come across something on retailing Russia in the International Herald Tribune that had me wondering about the problems facing its automotive sector (sales have fallen off a cliff this year with the car market halved versus a year ago). Just how quickly will things get better?


French retail giant Carrefour has done an abrupt about-turn on its policy towards Russia. It apparently has decided that the problems of doing business in severely recession-hit Russia don’t justify big investments right now on the basis of higher future sales. There are other places seen as better to invest in. The sudden switch is interesting; could some automotive firms come to similar conclusions?

French Retailer to Close Its Russia Stores

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China, Russia sign deals worth USD 3.5bn

October 13th, 2009 | No Comments

Russia and China signed agreements Tuesday worth USD 3.5bn as they looked to boost energy, political and military ties. Russian Deputy Prime Minister Alexander Zhukov told reporters in Beijing that the deals between Chinese and Russian businesses included two $500 million loans – one from the Agricultural Bank of China to Russia’s second biggest lender VTB and the other from the China Development Bank to its Russian equivalent VEB.

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Infected Mac Computers Worth 43 Cents in Cyber-underworld

September 25th, 2009 | No Comments

In a talk about the threats posed by Russian malware affiliate networks, a Sophos security researcher reveals an operation offering people 43 cents per Apple Mac they infected. Affiliate networks can generate serious profits pushing scareware online.
– New research from Sophos underscores a growing interest in the Mac among cyber-criminals.
In a presentation at Virus Bulletin’s VB Conference, in Geneva, Sophos Labs researcher Dmitry Samosseiko revealed a malware affiliate network offering 43 cents per infected Mac computer. The offer was the wo…


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Andy Warhol art worth millions stolen

September 12th, 2009 | No Comments

A collection of Andy Warhol paintings valued in the millions of dollars has been stolen from the home of a Los Angeles businessman, police said on Friday. The stolen works included 10 well-known paintings produced by Warhol in the late 1970s depicting famous athletes. Among

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Zero Hedge Claims that the Federal Reserve ITSELF Traded Over a Trillion Dollars Worth of Derivatives in March Alone

August 24th, 2009 | No Comments

You know Zero Hedge, the popular website which has broken major stories like Goldman’s dominance of high-frequency trading.Some say that Zero Hedge occasionally breaks stories before adequately fact-checking them. I don’t know whether that is true or…

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Qatari who built Asia into a brand worth watching

July 25th, 2009 | No Comments

Mohamed bin Hammam knew he would never be good enough to play professionally the game he loved. Growing up in 1950s Qatar, Bin Hammam played football whenever he could – sometimes with friends, sometimes in an amateur team, and sometimes simply in the street, using rocks for goalposts. "IMohamed bin Hammam knew he would never be good enough to play professionally the game he loved. Growing up in 1950s Qatar, Bin Hammam played football whenever he could – sometimes with friends, sometimes in an amateur team, and sometimes simply in the street, using rocks for goalposts. “I

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Freddie Flintoff’s new home in Cheshire burgled

July 20th, 2009 | No Comments

Burglars have robbed England all-rounder Freddie Flintoff’s new home of 6,000-pounds worth of builders” gear.
According to The Sun, the gang stole tools after breaking into the four million pound property at Mottram St Andrew, Cheshire.
A toaster was also picked up.
The house is being built on the site of a smaller one Freddie bought from soccer [...]

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Goldman Execs Sold $700M Of Stock, Most Of It During Their Bailout

July 14th, 2009 | No Comments

Executives at Goldman Sachs sold almost $700m worth of stock following the collapse of Lehman Brothers last September, according to filings with the Securities and Exchange Commission.

Most of the sales occurred during the period in which the…

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Nicholas Stephanopoulos: A Law Worth Saving

July 11th, 2009 | No Comments

Racial discrimination in voting, while much reduced since the Voting Rights Act’s passage in 1965, remains all too prevalent in many parts of the country.

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