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
Oil edged up on Wednesday after a drop in U.S. crude inventories, and as investors eyed a potential interest rate cut by the U.S.
Amanda Dasch, Shell's director of renewables for the Americas, will join Danish offshore wind company Orsted as its head of U.S.
The price of palm oil in Malaysia fell for the third consecutive session on Tuesday due to weak demand from major destination markets.
The Malaysian Palm Oil Council (MPOC), an agency of the Malaysian government, said Tuesday that palm oil prices will remain above 4…
The European spot electricity prices fell on Wednesday as the wind supply is expected to increase throughout the region and…
ADNOC Drilling, a division of the state oil company in the United Arab Emirates, announced on Tuesday that it had signed…
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. TotalEnergies…
ADNOC Gas in Abu Dhabi announced on Tuesday the appointment of Fatema al Nuaimi to its CEO position, with effect from January 1…
BHP Australia and Rio Tinto Australia will develop together a pilot plant for producing low-carbon iron using Pilbara ore…
Anwar Ibrahim, the Prime Minister of Malaysia, said that Petroliam Nasional Berhad and Petroleum Sarawak Berhad are working…
Pertamina, Indonesia's state owned energy company, is looking to buy at least 400,000 barrels (or equivalent) of jet fuel…
The European power market saw a new high of two years on Wednesday, amid cold temperatures and low wind supplies. LSEG's…
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.