McDermott names CFO
McDermott International, Inc. has elected Francis (Frank) S. Kalman, Executive Vice President and Chief Financial Officer, replacing Bruce F. Longaker, Jr., who has submitted his resignation, effective 28 February.
ENEL could invest in Bulgarian power
ENEL SpA could invest USD 300 million in four hydroelectric power stations in Bulgaria under a deal to buy the four plants...
Kristin assignment for Kværner
Kværner Oilfield Products (KOP) has received a letter of intent worth some NOK 1 billion to build the subsea production systems for Statoil's Kristin field in the Norwegian Sea.
S. Korean petrochem expansion
South Korea's Yeochon NCC is to expand the capacities of its No 1 and 2 petrochemical complexes at Yeochon by 2% and 7%, respectively, in October and May, a company source has said.
Natural gas facility for Iowa
Alliant Energy has announced that its Iowa utility subsidiary, Interstate Power and Light Company (IP&L), intends to submit a bid to build a 500mw natural gas fired facility.