Italy’s Prysmian plans to invest around 200 million euros ($226 million) to build a plant in the U.S. to produce submarine power transmission cables, CEO Valerio Battista said to the media in remarks confirmed by a company spokesman.The plant…
Prysmian to Build US Subsea Cable Plant Read More »
Chater will begin late next year or in early 2023
Hoegh LNG finds long-term work for FSRU in Brazil Read More »
Indonesia will allow a boat packed with Rohingya which had become stranded off its coast to dock in the Southeast Asian country, its security ministry said on Wednesday, after calls from aid organizations to allow the vessel to seek refuge.Local offici…
Indonesia Says It Will Allow Stranded Rohingya Boat to Seek Refuge Read More »
U.S. oil and gas executives are predicting higher production and drilling activity next year as oil prices climb, but say they face sharply higher costs, according to a poll released on Wednesday by the Federal Reserve Bank of Dallas.Some 49%…
Oil Firms Predict Rising Output, But Warn of Higher Costs Read More »
The U.K. Royal Navy said it is testing a new crewless minehunter as part of its drive toward autonomous systems.Developed through a joint Anglo-French Maritime Mine Counter Measures program, the system is designed to detect the latest mine threats…
UK Royal Navy Testing Crewless Minehunter Read More »