McDermott Seeking Bridge Loan Until it Can Sell Assets
By admin account October 4, 2019

McDermott International is seeking a bridge loan to help it cover a working-capital deficit of about $1.7 billion until it can sell an asset such as its Lummus Technology unit, according to a person with knowledge of...

 SBM Offshore unfolds construction phase of Liza Unity FPSO
By admin account October 2, 2019

SBM Offshore made an announcement in May that, Esso Exploration and Production Guyana Limited (EEPGL), has confirmed the award of contracts for the next phase of the Liza project "Liza Unity" in Guyana. Under...

Cottam Power Station closes after more than  years
By admin account October 2, 2019

One of the UK's last coal-fired power stations has been switched off. Cottam in Nottinghamshire was opened in and at its height, produced 2, megawatts - enough to power more than 3.5 million homes. Owner EDF...