The developers of the 1,400-MW Viking Link interconnector between Denmark and the UK today announced they will award contracts worth a total of EUR 1.1 billion (USD 1.23bn) for the supply of cables and converter stations as part of the project.
read more... 24/07/2019
Friday saw an upward evolution in oil prices, after optimistic U.S. employment data eased concerns over a waning crude oil demand. A potential decline in oil supplies amid the escalating conflict in Libya and the ongoing progress in U.S.-China trade talks also supported prices. Brent crude price jumped by 1.4% to $70.34 a barrel, hitting a second consecutive week of gains. WTI futures recorded a fifth straight weekly hike, trading 1.6% up at $63.08 a barrel.
read more... 08/04/2019
Saipem has been new awarded new contracts, and extensions to other already existing contracts, in Onshore Drilling worth approximately 220 million USD in total.
read more... 15/03/2019
Oil prices reached 14-month lows on Tuesday in a heavy session, as higher crude stocks and concerns over global demand continued to put pressure on contracts. Accordingly, Brent crude shed by 5.6% to $56.26 a barrel, while WTI crude closed 7.3% lower at $46.24 a barrel.
read more... 19/12/2018
Contracts have been signed between China National Nuclear Corporation (CNNC) and Russia's state nuclear corporation Rosatom, including for the construction of units 7 and 8 at the Tianwan nuclear power plant in China's Jiangsu province.
read more... 09/11/2018