Sembcorp Marine Ltd is owed S$70-80 million ($51-$59 million) from Sete Brasil related to drillship orders, its chief executive said on Thursday.
Sembcorp Marine in 2012 secured orders for seven drillships from Sete Brasil, a company set up by Petrobras, along with a group of banks and funds, to develop a deep-water drilling rig fleet for Petrobras.
Reporting by Lee Rou Urn
According to a Securities filing, the Brazilian state-run company Petrobras announced Monday that it had proposed a $111…
Companies seeking to claim proceeds from a court auction of shares in a parent of Venezuela-owned Citgo Petroleum are pressing a U.S.
Ørsted announced today that David Hardy, Group EVP and CEO Americas, has decided to leave the company to join GE Vernova as Chief Commercial Officer…
Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power.
The Nigerian Petroleum Ministry announced that the country has signed a contract worth $1.2 billion with CNCEC, a state-owned…
At the COP29 Summit on Tuesday, United Nations Secretary General Antonio Guterres urged world leaders to "pay up", in order…
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for…
Eni announced that Swiss asset manager Energy Infrastructure Partners will increase its stake in Eni Plenitude to 10%. The…
Bangladesh has invited companies to sign up for a contract that will supply liquefied gas on a temporary basis. On Sunday…
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch…
After Donald Trump's election this week, Democratic Governors of Two U.S. States pledged to continue building programs on…
The CEO of Argentina's state-owned oil company YPF, Horacio Martin, said that the firm expects shale production to rise by 30 to 40 percent next year.
World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.
Subscribe to World Energy News Alerts.