British Business Secretary Lord Mandelson and Energy and Climate Change Secretary Ed Miliband signed a non binding memorandum of understanding (MoU) with Mitsubishi Power Systems Europe Ltd (MPSE).

Northrop Grumman Corporation, Charlottesville, USA, has been awarded a contract to supply the navigation and communication systems for nine new 35-meter patrol boats being built for the Iraqi navy.

Marine and cargo-handling operator Sea-Cargo is expanding its involvement in the offshore oil and gas industry by launching a new Aberdeen Offshore Support Base to provide oil companies and other offshore clients with a wider choice of services in the port.

Hydratech, Vraa, Denmark, one of the world’s leading manufacturers and providers of high-quality and individually designed hydraulic cylinders, has announced its acquisition of CRC Manufacturing Inc., Alabama, U.S. Both companies serve a wide range…

Genoa-based classification society RINA has taken a lead in the developing market for floating LNG terminals.

Kongsberg Oil & Gas Technologies (KOGT), a pioneering developer of integrated process simulation and flow assurance solutions, revealed it has won its first contract for its latest 3D visualisation technology, SIM Reservoir.