Level 3 and IBM announce patent cross-license

Friday, Feb 29, 2008

BROOMFIELD, Colo. and ARMONK, N.Y., Feb. 28 /PRNewswire-FirstCall/ — Level 3 Communications, Inc. (NASDAQ:LVLT) and IBM (NYSE:IBM) today announced that the companies recently entered into a long-term patent cross-license agreement.

Alcatel-Lucent announces new breakthroughs for optical networking and optoelectronic components at OFC 2008

Friday, Feb 29, 2008

New Optical Transmission With Capacity x Distance Product Record at 41.8 Petabit/s.km, and Three New Photonic Integrated Circuits

Boeing awarded U.S. Army contract for 11 new CH-47F Chinook helicopters

Friday, Feb 29, 2008

The Boeing Company [NYSE: BA] has been awarded a $280.5 million U.S. Army contract for 11 new CH-47F Chinook helicopters, increasing the number of new Chinooks on contract to 59. Aircraft deliveries under this award will begin in 2011.

Rio Tinto predicts another strong year

Friday, Feb 29, 2008

The U.S. economy has certainly suffered setbacks, as the sub-prime mortgage problem continues to be felt around the world. I’ve read reports that consumer spending for luxury items (notably laser eye surgery) is falling in the United States, and that may be only the tip of an iceberg that sinks American economic […]

Total announces launch of Anguille Field redevelopment in Gabon

Friday, Feb 29, 2008

Anguille is located 20 kilometres offshore Port-Gentil, in a water depth of 30 metres in the Grand Anguille Marine concession. The concession is wholly owned by Total Gabon and governed by the “Convention d’Etablissement”, which was renewed in July 2007 for a further 25 years. Discovered in 1962, Anguille came on stream […]

Expro wins OTC spotlight award for innovative technology

Friday, Feb 29, 2008

International oilfield service company Expro has won a coveted Offshore Technology Conference 2008 ‘Spotlight on New Technology’ award for its ViewMax sideview downhole camera.

GE’s US$1.12 billion purchase of drilling supplier approved

Friday, Feb 29, 2008

Federal antitrust regulators have cleared General Electric Co.’s $1.12 billion purchase of Tenaris SA’s pressure-control business.

Fire at BASF’s Ludwigshafen facility under control

Friday, Feb 29, 2008

A fire at BASF’s Ludwigshafen plant was caused by a malfunction in the steam cracker’s internal steam system. An operational malfunction at its Ludwigshafen plant triggered safety procedures that include burning off crude gas, creating a firey glow over the plant that is visible from a distance, as well as a loud […]

Shaw Group awarded contract work for deep catalytic cracking unit in India

Friday, Feb 29, 2008

The Shaw Group Inc. has awarded a contract by Guru Gobind Singh Refineries Ltd. to provide technology, engineering and procurement services for a deep catalytic cracking unit at the grassroots Punjab Refinery project in Punjab, India, for an undisclosed amount.

Honeywell helps London break ground on the Clinton Climate Initiative

Friday, Feb 29, 2008

LONDON, Feb. 28 /PRNewswire-FirstCall/ — Honeywell today announced that it has been selected by the Greater London Authority (GLA) for a building retrofit programme that will increase energy efficiency in city facilities and cut carbon emissions. London is the first C40 city in the world to launch a comprehensive programme under the […]