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Petrobras ends rig contract with Ensco, citing bribery charges

2016-01-06 15:16:23| Energy - Topix.net

PBR claims Pride International, a company ESV bought in 2011, had knowledge that the rig's shipbuilder made "improper payments" to a marketing consultant who then shared the money with former PBR employees; ESV says it has found no such evidence and that it has not been contacted by other Brazil government authorities about any alleged wrongdoing.

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UPDATE 1-Petrobras ends rig contract with Ensco over bribe charges

2016-01-06 14:42:29| Oil & Gas - Topix.net

Rig contractor Ensco Plc said Brazilian oil producer Petrobras has ended a contract for a drillship over allegations of corruption. Petroleo Brasileiro SA, or Petrobras, chartered the DS-5 in 2008, when it was owned by Pride International, a company Ensco bought in 2011.

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Nanjing SR Puzhen Rail Transport wins $196m metro train contract

2016-01-06 01:00:00| Railway Technology

Midas Holdings' joint venture company Nanjing SR Puzhen Rail Transport (NPRT) has secured a CNY1.28bn ($196m) metro train contract for the Guiyang Rail Transit Line 1 in China.

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Curtiss-Wright wins $450m equipment delivery contract for Chinese nuclear plants

2016-01-06 01:00:00| Power Technology

Harbin Electric Power Equipment and Shenyang Blower Works Nuclear Pump has awarded contracts worth more than $450m to Curtiss-Wright, for the delivery of reactor coolant pumps for the AP1000 nuclear power plants in China.

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CHSRA recommends $348m bid for high-speed rail contract

2016-01-06 01:00:00| Railway Technology

The California High-Speed Rail Authority (CHSRA) in the US is recommending a $348m bid to design and build a 22-mile segment of high-speed railway through the Central Valley in the state.

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