Marine SMEs Krensen, Trident Marine Electrical, and ACUA Ocean have announced a partnership agreement to develop a zero-emission liquid hydrogen marine powertrain system. The novel hydrogen powertrain brings together Krensen’s expertise in electric and hybrid marine propulsion technologies, Trident Marines' experience in electrical engineering and automation,...
Issues Guidance for 2023, including Higher Sales, Profit, and Record Three-year Sales Backlog of $900 MillionFull-year Results• Sales of $10.2 billion, an increase of $1.2 billion or 14 percent over last year• Operating cash flow of $649 million, an increase of $491 million• Free cash...
Lamborghini and Japan’s most disruptive contemporary artist IKEUCHI have come together in an avant-garde artistic collaboration. Inspired by the 60th anniversary motto “The future began in 1963”, this joint project was named “Chasing the Future” and it encompasses the “Time Gazer” and the “Huracán STO[1] Time...
JOHANNESBURG--(BUSINESS WIRE)--Sasol has announced that it has established Sasol Ventures to advance Sasol’s decarbonisation and 2050 net zero ambitions through venture capital. It will invest €50 million over the next five years, making it the largest...
TechnipFMC has been awarded a contract to supply flexible pipe and associated hardware for the first subsea life extension project by TotalEnergies EP Angola and its Block 17 Partners in West Africa. The contract covers the engineering, procurement, and supply of flowlines and connectors for...
Equinor has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at the Grand Bahama Island in the Bahamas. The terminal was purchased by Equinor in 2009 to enable the company to trade oil primarily originating from the...
Dana Incorporated (NYSE: DAN) today announced that it has been selected by the Wacker Neuson Group – a leading manufacturer of construction equipment – to provide the e-Propulsion system for its compact construction vehicle line-up in Europe, beginning with the Kramer electric wheel loader 5065e...
Brent Crude stood at $83.81/bl, OPEC basket price at US$82.02/bl. 10 Car Brands That Build The Most Reliable Engines. BMW - M50,Chevrolet - Small Block 350,Honda - K20A,Mazda - BP-Z3,Nissan - SR20DET,Porsche - M96,Saab - B235R,Toyota - 3RZ-FE,Volkswagen - 1200cc,Volvo - B20D. Some car brands have...
Quinbrook to invest over GBP 200 million in Scotland, building critical grid infrastructure that will support over 550 jobs whilst enabling a stable energy transition LONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners (“Quinbrook”), a speciali...
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported fourth quarter 2022 results. President and Chief Executive Officer Anton Dibowitz said, “I would like to thank the entire Valaris team for cont...
The confirmation comes after a recent round of financing commitments of $135.0 million was announced by the Company First FF 91 Futurist deliveries expected by the end of April, 2023 LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electr...
HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. ("Helix") (NYSE: HLX) reported net income1 of $2.7 million, or $0.02 per diluted share, for the fourth quarter 2022 compared to net losses of $18.8 million, or $(0.12) per diluted share, for ...