China’s super-merger to crush global shipbuilding competition
China is shaking up the global shipbuilding industry with a monumental merger between its two largest state-owned companies, China State Shipbuilding Corporation (CSSC) and China ... Read More
Project Ru’ya : QatarEnergy advances Al-Shaheen field development with $6bn EPCI contracts
In a significant move to enhance its oil production capabilities, QatarEnergy has awarded four main Engineering, Procurement, Construction, and Installation (EPCI) contracts totaling more than ... Read More
Excelerate Energy awards FSRU contract to Hyundai Heavy Industries
American LNG company Excelerate Energy has awarded a shipbuilding contract to Hyundai Heavy Industries (HHI) for a new floating regasification and storage unit (FSRU). The ... Read More
KT to acquire 10% stake in Hyundai Robotics from Hyundai Heavy Industries
South Korean telecommunications company KT has agreed to acquire a stake of 10% in Hyundai Robotics for KRW50 billion ($41 million) as part of a ... Read More
Qatar Petroleum to expand LNG carriers fleet with $19.2bn deals with Korean firms
Qatar Petroleum has signed deals worth more than QAR70bn ($19.23bn) with three South Korean LNG shipbuilders to build liquefied natural gas carriers (LNG carriers). Daewoo ... Read More