Offshore

U.S. firm McDermott to bid for $5 billion in Asia offshore oil, gas contracts

Tue, 20 Mar 2018 - 08:03 GMT

U.S. engineering and construction company McDermott International plans to bid for $5 billion in contracts in the next few months in Asia Pacific.

UK wind electricity cheaper than nuclear: data

Mon, 11 Sep 2017 - 06:31 GMT

The price of electricity from offshore wind in Britain has dipped below the level guaranteed to Hinkley Point, raising questions about the construction of the vast nuclear power station.

Zohr field is now 80% complete: Eni

Tue, 01 Aug 2017 - 03:57 GMT

: Development works of Egypt’s “super giant” natural gas field, Zohr, is now 80 percent complete, CEO of Eni Claudio Descalzi said Tuesday.

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