CGG, a global leader in geoscience solutions, has officially announced its collaboration with the Ministry of Energy and Energy Industries of Trinidad and Tobago. This partnership focuses on reimaging vintage 3D seismic data from blocks 25a, 25b, 26, and 27 located in the country’s deep waters. The project, underpinning firm industry commitments, aims to deliver […]
TMK Energy Limited (ASX: TMK), a notable name in the energy sector, has successfully completed a significant acquisition, consolidating its ownership to 100% of the Gurvantes XXXV Project. This strategic move was accomplished through the acquisition of a 33% interest in the project from Talon Energy Limited (Talon), marking a pivotal moment for TMK Energy. […]
Megha Engineering and Infrastructures Ltd (MEIL) has clinched a monumental contract worth Rs 5,400 crore in Mongolia, signaling its prowess in the global hydrocarbon sector. The significant order, awarded by Mongol Refinery State Owned LLC, entails the construction of Mongolia’s inaugural greenfield Mongol Oil Refinery Project, with a valuation of $648 million. Megha Engineering and […]
Infosys said that XacBank, a universal bank in Mongolia, has executed its digital transformation program by deploying the digital banking solution suite of Infosys Finacle. According to the Indian digital services and consulting provider, its Finacle suite will drive the corporate and retail banking operations of XacBank and provides a solid digital platform to enable […]
Talon Energy said that it has decided to launch an exit of its portfolio of exploration assets in the UK North Sea based on an internal review of its operations. The Australia-based exploration company said that the move will enable it to concentrate on its more advanced stage projects. Matt Worner — Talon Eergy Executive […]
Cabot, a US chemicals and performance materials company, has opened its new fumed silica manufacturing facility in Wuhai, Inner Mongolia to meet the growing demand for fumed silica in China. The Wuhai fumed silica production facility is a joint venture between Cabot with an 80% equity interest and Inner Mongolia Hengyecheng Silicone (HYC) with 20% stake. […]