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April 4, 2020
Located in stormy waters miles north-east of Aberdeen, there aren’t many places as extreme for workers to be kept in self-isolation than the North Cormorant oil platform in the North Sea. However, earlier this...
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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...
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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...
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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...
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