Parker Drilling Schedules Fourth Quarter 2010 Earnings Release and Conference Call

Parker Drilling announced today it intends to report its financial results for the Fourth Quarter 2010 on Wednesday, Feb. 23. The Company expects to issue its earnings report that morning and will follow with a conference call at 10:00 a.m. CST (11:00 a.m. EST). Those interested in listening to the call by telephone may do so by dialing (480) 629-9722. Alternatively, the call can be accessed through the Investor Relations section of the Company’s... Read more..

Parker Drilling to Present at Pritchard Capital Partners Energize 2011 Conference

Parker Drilling (NYSE:PKD – News) announced today Kirk Brassfield, senior vice president and chief financial officer, will present at the Pritchard Capital Partners Energize 2011 Conference in San Francisco, California. The Company’s presentation is scheduled to begin at 2:00 p.m. PST (5:00 p.m. EST) on Wednesday, Jan. 5. A link to the live presentation and copies of the slides will be available through the Company’s Web site at... Read more..

Cameron Receives $83 Million Award for Subsea Systems From Chevron

Cameron has received an order worth approximately $83 million for the supply of subsea production systems for Phase II of Chevron’s Tahiti subsea development in the Gulf of Mexico. The project includes eight 15,000-psi subsea trees, production control systems, connection systems, engineering and project management services and related equipment. Deliveries are scheduled to begin in the fourth quarter of 2009 and to continue through 2012. Cameron... Read more..

Foster Wheeler Awarded Contract for New Refinery in Libya

Foster Wheeler Ltd. announced that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded a contract by Zwara Oil Refinery Company Limited (ZORCO) for consultancy and project management services for a planned new 200,000 barrels per stream day crude oil refinery at Mellita, near Zwara, in the Great Socialist People’s Libyan Arab Jamahiriya. ZORCO is a project company in... Read more..

Vattenfall Acquires AMEC Wind Energy ltd

Vattenfall AB, the fifth largest electricity generator in Europe, today announced the acquisition of 100% of AMEC Wind Energy Limited (‘AMEC Wind’), a major UK developer of commercial wind farms for cash consideration of around 126.6 million GBP (equalling about 1.6 billion SEK or 160 million EUR). This move positions Vattenfall to further expand its presence in the UK market and to advance its efforts to make electricity clean by reducing emissions... Read more..