Aker Kvaerner ASA

Type: Company

Name: Aker Kvaerner ASA

Nationality: Norway

Fact Sheet: Fact Sheet for Aker Kvaerner ASA

First Reported Mar 16 2010 - Updated Mar 17 2010 - 2 Documents

HPS enters into administration

HPS, the industrial fabrication business based at Wilton in the Tees Valley, has been placed into administration on 15 March 2010.David Thornhill and David Broadbent, Client Partners at Vantis Business Recovery Services (BRS), a division of Vantis, the ... [Published Mar 17 2010 by Business Credit Management]

Entities: Vantis, David Fitzsimons, Aker Kvaerner ASA, Wilton (United Kingdom)

First Reported Dec 07 2009 - Updated Dec 07 2009 - 1 Documents

GE Oil & Gas Powers World's First Offshore Gravity-Based LNG...

Florence, Italy - In a pioneering application for the global liquid natural gas (LNG) industry, GE Oil & Gas technology is powering the world's first gravity-based offshore LNG terminal located 17 kilometers offshore from the town of Rovigo, near Venice, ... [Published Dec 07 2009 by Oil and Gas Online]

Entities: GE Oil & Gas, Liquefied Natural Gas, Italy, Gas Turbine

Quotes

"Unfortunately, the business has not been the success we'd hoped it would be."

Engineering firm hit by recession [BBC - Mar 16 2010]

"In the last quarter of the year our profitability was hampered, as expected, by high non-recurring expenses related to the capacity adjustment measures and to the development of our operating model. It was encouraging that we saw a nice increase in our order intake. This indicates that our customers are regaining their confidence in the recovery of their operating environment and in the availability of financing. For 2010 we estimate our net sales to remain at about the same EUR 5 billion level as in 2009 and profitability to remain satisfactory" Eloranta notes

Metso Corporation's Financial Statements Review - Zibb.com [Zibb - Feb 10 2010]

More Content

sort by: Date \| Relevance
HPS enters into administration [Business Credit Management - Mar 17 2010]
Engineering firm hit by recession [BBC - Mar 16 2010]
Metso Corporation's Financial Statements Review... [Zibb - Feb 10 2010]
GE Oil & Gas Powers World's First Offshore ... [Oil and Gas Online - Dec 07 2009]
Johnar Olsen appointed head of Scana Industrier... [HUGIN Online - Aug 13 2009]
HSE reminds offshore companies to manage all li... [Government News Network - Oct 09 2008]

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