Category: Energy Industry News

Swan Energy to fully divest Swan Desilting Private Limited

businessnewstoday- November 25, 2021 0

Swan Energy Limited said that it will sell its 100% stake in Swan Desilting Private Limited (SDPL), one of its fully-owned subsidiaries. In this connection, ... Read More

Seamec Limited bags contract for Seamec Princess diving support vessel

businessnewstoday- November 25, 2021 0

Seamec Limited said that it has bagged a contract worth around $1.46 million from Posh Subsea to provide its Seamec Princess diving support vessel for ... Read More

Engineers India Limited, Chempolis to bring green fuel technology to India

businessnewstoday- November 25, 2021 0

Engineers India Limited (EIL) said that it has signed a strategic alliance with Finnish biorefining company Chempolis for the conversion of biomass to green fuels. ... Read More

ONGC awards contract to Shelf Drilling for Ron Tappmeyer jack-up rig

businessnewstoday- November 25, 2021 0

Oil and Natural Gas Corporation (ONGC) has awarded a three-year contract to Shelf Drilling for deploying its Ron Tappmeyer jack-up rig to execute offshore operations ... Read More

Reliance Industries to launch gasification assets’ restructuring and repurposing

businessnewstoday- November 24, 2021 0

Reliance Industries Limited said that its board has today decided to execute a scheme of arrangement for transferring Gasification Undertaking into a fully-owned subsidiary. The ... Read More

Sensata acquires energy storage systems manufacturer Spear Power Systems

businessnewstoday- November 22, 2021 0

Sensata Technologies, an NYSE-listed industrial technology company has wrapped up its previously announced acquisition of energy storage systems manufacturer Spear Power Systems. The financial terms ... Read More

Wärtsilä bags €480m contracts for power plant projects in Latin America

Soujanya Ravi- November 22, 2021 0

Wärtsilä has secured two contracts with a combined worth of around €480 million for supplying 22 of its 34DF multi-fuel engines and 24 50DF multi-fuel ... Read More

TechnipFMC partners with Petronas for gas processing technology

businessnewstoday- November 20, 2021 0

TechnipFMC has signed an agreement with Malaysian oil and gas firm PETRONAS’ subsidiary PETRONAS Technology Ventures Sdn Bhd (PTVSB) for commercializing a natural gas processing ... Read More

IndiGrid prevails as L1 bidder for 1GW transmission project in Maharashtra

businessnewstoday- November 20, 2021 0

IndiGrid Investment Managers Limited said that a consortium of IndiGrid 1 Limited and IndiGrid 2 Limited has prevailed as L1 bidder for a 1GW electric ... Read More

Reliance Industries withdraws NCLT application for spin off of O2C unit

businessnewstoday- November 20, 2021 0

Reliance Industries Ltd (RIL) announced that it will withdraw its application to obtain the requisite approvals from the National Company Law Tribunal (NCLT) regarding the spinning off ... Read More