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January 23, 2012
Vale

When the world’s second largest diversified mining company Vale acquired the iconic Canadian nickel miner Inco five years ago it was the beginning of the largest investment in Canadian mining in the country’s history, as Cory McPhee explains.

When the world’s second largest diversified mining company Vale acquired the iconic Canadian nickel miner Inco five years ago it was the beginning of the largest investment in Canadian mining in the country’s history, as Cory McPhee explains to Gay Sutton.

 

January 18, 2012
US import shipments down in December

Trade intelligence company Zepol Corporation reports that US import shipment volume for December, measured in TEUs, decreased 8.2 percent from November, but increased 1.5 percent from December of 2010.

Trade intelligence company Zepol Corporation reports that US import shipment volume for December, measured in TEUs, decreased 8.2 percent from November, but increased 1.5 percent from December of 2010.

The total number of inbound shipments decreased 6.5 percent from November and increased 2.3 percent from December of last year. For the year 2011 as a whole, total TEUs are up 0.98 percent from 2010.

November 18, 2011
Technip JV wins $1 billion Brazil deal

France’s Technip and its joint venture partner Odebrecht Oil & Gas have won a $1 billion contract for the charter and operation of two flexible pipeline installation vessels for Petróleo Brasileiro (Petrobras).

France’s Technip and its joint venture partner Odebrecht Oil & Gas have won a $1 billion contract for the charter and operation of two flexible pipeline installation vessels for Petróleo Brasileiro (Petrobras).

The contract is for a period of five years with the option to extend for a further five years. The twin vessels will be employed principally to install umbilical and flexible flowlines and risers to connect subsea wells to floating production units in waters up to over 2,500 metres deep offshore Brazil.

May 20, 2011
World first for Shell in Australia

Royal Dutch Shell has decided to go ahead with its Prelude floating liquefied natural gas (FLNG) project in Australia, which will see it build the world's first FLNG facility.

Royal Dutch Shell has decided to go ahead with its Prelude floating liquefied natural gas (FLNG) project in Australia, which will see it build the world's first FLNG facility.

The platform will be moored around 200 kilometres off the Australian coast and will liquefy gas from offshore fields onboard by cooling.

Shell will now commence detailed design and construction of what will be the world's largest floating offshore facility, in a ship yard in South Korea.

May 10, 2011
Moroccan power plant contract awarded

Morocco’s Jorf Lasfar Energy Company has awarded the contract for the development of a 700MW coal-fired power plant in Morocco.

Morocco’s Jorf Lasfar Energy Company has awarded the contract for the development of a 700MW coal-fired power plant in Morocco.

The engineering, procurement and construction (EPC) contract has been awarded to a consortium of Japan’s Mitsui and South Korea-based Daewoo E&C. The consortium will construct two new units (5&6), each with a gross capacity of 350MW, at the existing Jorf Lasfar power plant site (currently four units each generating 350MW) near El Jadida.

August 20, 2010
Dana receives hostile bid from KNOC

Aberdeen-based exploration firm Dana Petroleum has received a £1.87 billion hostile takeover offer from South Korea's state-owned oil company KNOC.

Aberdeen-based exploration firm Dana Petroleum has received a £1.87 billion hostile takeover offer from South Korea's state-owned oil company KNOC.

The offer is equivalent to £18 per share—59 per cent above Dana's share price of £11.51 prior to KNOC’s interest first being announced.

Dana’s board rejected approaches from KNOC earlier this month.

August 11, 2010
Ontario to host wind blade factory

Germany's Siemens is to build wind turbines to supply as much as 600 megawatts of energy for the Canadian province of Ontario under an agreement reached with Samsung C&T, it has been announced.

Germany's Siemens is to build wind turbines to supply as much as 600 megawatts of energy for the Canadian province of Ontario under an agreement reached with Samsung C&T, it has been announced.

As part of the deal, Siemens will set up Ontario's first turbine blade factory. The German company said that the agreement with South Korea’s Samsung and its partner, Pattern Energy, will create 300 ‘green collar’ jobs and an additional 600 construction and indirect service jobs.

August 2, 2010
Top 10 most reliable auto manufacturers

The reliability rankings of car manufacturers have been compiled by UK consumer body Which?, based on data gathered over the past eight years. The top 10 most reliable manufacturers are:

10. Kia: reliability score 81.0 per cent

Kia Motors is South Korea's second largest automobile manufacturer, having sold over 1.6 million cars in 2009.

Founded in June 1944 and headquartered in Seoul, the company is 38.67 per cent owned by the Hyundai Kia Automotive Group. North American and European arms are operated by Kia Motors America and Kia Motors Europe respectively.

For the first time, Kia posted KRW10 trillion in revenue for the first half of this fiscal year.

July 1, 2010
SuKarne, S.A. de C.V.

The importance of lean production techniques to Mexico’s largest beef-producer, and the export potential generated by the country’s enviable animal health record.

Andrew Pelis talks to a vice president of SuKarne about the importance of lean production techniques to Mexico’s largest beef-producer, and the export potential generated by the country’s enviable animal health record.