Full year 2021 data points for the offshore market have been released by Clarksons Research, profiling encouraging progress and a sense of cautious optimism across offshore oil and gas besides a continuation of an exciting growth phase for offshore wind.. Reviewing the data (see below),...
Oil prices continues upward trend on Monday, with Brent trading at almost $88/b.West Texas Intermediate for February delivery was 0.6% higher at $84.30 when holiday trading halted on the New York Mercantile Exchange Brent for March edged up 0.4% to settle at $86.48 a barrel on...
LAGOS, Nigeria--(BUSINESS WIRE)--Africa Finance Corporation, Africa’s leading infrastructure solutions provider, has raised USD$400 million in a new syndicated loan to support the post-pandemic recovery through critical development of infrastructure. ...
ThinCats, the leading alternative lender to mid-sized SMEs, has provided a £13.5m funding package to support the original founders to buy-back the shares of Alfred Cheyne Engineering Limited (ACE Winches). ACE Winches was founded in 1992 by Alfred Cheyne in Aberdeenshire as an engineering business...
Woodside has entered front-end engineering design (FEED) on a hydrogen project for the first time, awarding a contract in late December for FEED engineering services to Kellogg, Brown & Root LLC (KBR) for its proposed H2OK project in Oklahoma. H2OK is a liquid hydrogen production facility...
Polestar gains a clear vision of its sustainability strategy across all divisions and functions in its Chinese operations, while covering best practices to increase climate neutrality. AMSTERDAM & SHANGHAI--(BUSINESS WIRE)--#bearingpoint--Climate chan...
Woodside has completed the sale of a 49% non-operating participating interest in the Pluto Train 2 Joint Venture to Global Infrastructure Partners (GIP). This follows Woodside’s announcement on 15 November 2021 that it had entered into a sale and purchase agreement with GIP. On 22...
DALLAS--(BUSINESS WIRE)--Kosmos Energy (NYSE/LSE: KOS) (“Kosmos” or the “Company”) announced today completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico. The Winterfell-2 well (K...
SINGAPORE--(BUSINESS WIRE)--Gen X Energy enters into a joint venture with ACE Enexor Inc., a subsidiary of AC Energy Corp., to develop Batangas Clean Energy, Inc.’s (“BCE”) 1,100 MW combined cycle power plant project. The project will be capable of usi...
Air quality in towns and cities across the world can be modelled quicker and easier than ever using Ricardo’s latest air quality modelling software OXFORD, England--(BUSINESS WIRE)--RapidAir®, developed by the global air quality, energy and environmen...
DUBLIN--(BUSINESS WIRE)--The "Vacuum Pump Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering. The global vacuum pump market was valued at USD 5.14 billion in 2020. It is ex...
The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) today announced the launch of Etihad 7 at Abu Dhabi Sustainability Week 2022. Etihad 7, a UAE-led innovation program, is dedicated to securing funding for renewable energy projects in Africa. The program aims to supply clean...