Rig Builders

Latest News for: Rig builders

MMHE says turnaround is a year away

The Star 02 Aug 2018

PETALING JAYA. Oil rig builder Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) has painted a bleak outlook for the rest of 2018 after posting its second straight quarterly losses ... ....

Edit

MMHE slips deeper into the red

The Star 01 Aug 2018

KUALA LUMPUR. Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE), the oil rig builder, paints a bleak outlook for the rest of 2018 after posting its second straight quarterly losses ... ....

Edit

Sembcorp Marine swings to loss

Offshore Energy Today 20 Jul 2018

Singapore’s rig builder Sembcorp Marine posted a loss for the second quarter of 2018 despite recording a significant increase in revenues during the period. The company on Friday posted a net.. ... ....

Edit

Watch us unbox Maingear's F131, a glorious hot rod of a gaming rig

PC World 13 Jul 2018

Few computers inspiring drooling as much as the fully kitted-out flagship systems by boutique PC builders. The fire-breathing hot rod of a rig that just showed up in our labs is so gorgeous ......

Edit

Cor bid-rigging trial: Jury to continue deliberations

The Post-Standard 12 Jul 2018

... Cor Development executives Steven Aiello and Joseph Gerardi and Buffalo Billion builder Louis Ciminelli are guilty of colluding to rig bids for lucrative state-funded contracts....

Edit

Cor bid-rigging trial update: Jury breaks for day without verdict

The Post-Standard 12 Jul 2018

NEW YORK CITY -- The jury in the trial of a former top state official and three Upstate New York developers was dismissed for the day today without reaching a verdict ... The jury will decide whether former SUNY Polytechnic Institute President Alain Kaloyeros, Syracuse developers Steven Aiello and Joseph Gerardi and Buffalo Billion builder Louis Ciminelli are guilty of colluding to rig bids for lucrative state-funded contracts ... ....

Edit

Cor trial jury gets to work: In NY game of connections, what's a crime or ...

The Post-Standard 11 Jul 2018

NEW YORK CITY -- Twelve jurors will sit down together today to decide whether the "unsavory" behavior of a former top state official and three Upstate New York developers constitutes a criminal bid-rigging scheme ... Now, the fates of former SUNY Polytechnic Institute President Alain Kaloyeros, Syracuse developers Steven Aiello and Joseph Gerardi, and Buffalo Billion builder Louis Ciminelli are in the hands of the jury....

Edit

Cor bid-rigging trial: Lawyers expected to give closing arguments this week

The Post-Standard 09 Jul 2018

NEW YORK CITY -- Lawyers in the bid-rigging trial of a former top New York state official and three upstate builders are expected to summarize their arguments to the jury this week ... President Alain Kaloyeros and Buffalo Billion builder Louis Ciminelli then had a chance to call their own witnesses....

Edit

Saudi Aramco leads surge in Gulf oilfield orders as regional work drought eases

Arabnews 30 Jun 2018

He was speaking at the launch this week of a joint venture with National Oilwell Varco (NOV) that will make as many as 10 high specification drilling rigs at a yard in Ras Al-Khair, supporting about 1.000 jobs ... Petrofac, the UAE-based rig builder that lists its shares in London this week announced it had won a number of contract extensions worth more than $110 million in Iraq....

Edit

Prosecutors rest, then reopen case in Kaloyeros corruption trial

Newsday 29 Jun 2018

Prosecutors in the Manhattan federal court corruption trial over alleged bid-rigging in Gov ... District Judge Valerie Caproni granted the unusual request to give prosecutors a second chance to show that some act in an alleged scheme to rig bids between Albany-based SUNY official Alain Kaloyeros and Buffalo builder Lou Ciminelli occurred in the jurisdiction of the Manhattan court....

Edit

Cor trial prosecutors overlook basic rule: 'A mistake that shouldn't have been made'

The Post-Standard 29 Jun 2018

NEW YORK CITY -- Prosecutors in a high-profile bid-rigging trial of a former top state official and three upstate New York developers overlooked a basic part of their case ... Attorney's Office in Manhattan are trying the case against former SUNY Polytechnic President Alain Kaloyeros, Syracuse-based Cor Development executives Steven Aiello and Joseph Gerardi, and Buffalo Billion builder Louis Ciminelli....

Edit

Cor trial: Syracuse exec edited project proposal as favor to lobbyist

The Post-Standard 27 Jun 2018

Joseph Gerardi, of Cor Development in Syracuse, is standing trial alongside business partner Steven Aiello, former SUNY Polytechnic Institute President Alain Kaloyeros and Buffalo builder Louis Ciminelli. The men are accused of working with Howe to rig bids for the lucrative contracts with SUNY Poly-affiliated non-profit Fort Schuyler Management Corporation....

Edit

Cor trial: Syracuse contractor shut out of bid won't testify as prosecutors rest case

The Post-Standard 27 Jun 2018

NEW YORK CITY -- A Syracuse contractor who said he was denied a chance to bid on a state contract that is now the subject of a corruption trial is no longer expected to testify ... The Cor principals, along with former SUNY Polytechnic Institute President Alain Kaloyeros and Buffalo builder Louis Ciminelli, are accused of rigging bids for lucrative state-funded contracts ... ....

Edit