Friday 2 December 2016
 
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Punj Lloyd bags $304m EPC deal in Oman

Punj Lloyd, an engineering and construction group in India, has won a $304-million oil and gas engineering, procurement and construction (EPC) deal from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC), a

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Punj Lloyd bags $304m EPC deal in Oman

Punj Lloyd, an engineering and construction group in India, has won a $304-million oil and gas engineering, procurement and construction (EPC) deal from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC), a

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Asry wins ‘Shipyard of the Year’ award

Bahrain-based Asry has won the ‘Shipyard Of the Year Award’ at the Lloyds List Middle East and Indian Subcontinent (MEIS) Awards 2015. The award recognises a shipyard in the Middle East or Indian Subcontinent region that has consis

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Innovation challenges in oil and gas in focus

While the current environment is creating oppotunities for innovation, almost half of oil and gas executives have admitted that they have fallen short of their innovation goals, according to a new report.   The T

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Lloyds, Natixis and RBS sell Dubai World debt

Lloyds Banking Group and Natixis have sold their holdings in debt of Dubai World, the state-owned conglomerate nearing a $14.6 billion debt restructuring, according to sources familiar with the matter. Royal Bank of Scotland (RBS)

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Silverstream completes trial of air lubrication technology

Silverstream Technologies and Shell has successfully completed the sea trial of Silverstream Technologies’ new air lubrication technology for ships. The Silverstream System sea trials, independently verified by Lloyd’s

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Jebel Ali among top 10 world’s largest ports

The Jebel Ali port has ranked among the top 10 list of the world’s largest ports, according to the latest container ports’ rankings from Lloyd’s List, Containerisation International and The Journal of Commerce. I

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Lloyd's Register Energy wins UAE nuclear plant deal

Lloyd’s Register Energy, together with Lightbridge Corporation, has won a major contract to provide construction oversight and related technical services for a new generation of nuclear power plant in the UAE. Lloyd’s

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NY financial regulator probes insurers over Iran links

New York's financial regulator has asked Lloyd's Banking Group and Swiss RE for details about dealings linked to Iran as part of a probe into 20 non-US reinsurance firms, the Wall Street Journal reported. Citing a copy of

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Oil will not rally above $100, says expert

Oil prices are unlikely to cross $100 per barrel in the near future due to near record inventory levels and Opec’s five million barrels of spare capacity, according to an expert. Richard Savage, head of energy research at the 190

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