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Digital is the future for EPC project delivery: Sunder Kalyanam, Petrofac

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2/21/2019 Photo: Group MD – E&C growth and Chairman of Petrofac India, Sunder Kalyanam. ST. HELIER, Jersey — Group MD – E&C growth and Chairman of Petrofac India, Sunder Kalyanam, has participated in a panel discussion focusing on ‘the blueprint for the digital success of all value chain partners’ at Chemtech 2019 in Mumbai, India. Traditionally, the Read More

Neptune Energy submits development plans for Duva, Gjøa P1

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2/21/2019 Duva field. Photo: Neptune Energy. ABERDEEN — Neptune Energy has submitted development plans for the Duva (PL636) and Gjøa P1 (PL153) projects in the Norwegian sector of the North Sea. First production from the projects is expected in late 2020 or early 2021. Total recoverable resources are estimated to be 120 MMboe (Total of Read More

Petroteq Energy Announces Production of Oil

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Sherman Oaks, CA, Feb. 21, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Petroteq Energy Inc.(the “Company”) (TSXV:PQE; OTC:PQEFF; FSE: PQCF), a fully integrated oil and gas company, is pleased to announce that it has completed its first maintenance turnaround at its oil sands processing facility (the “Plant”) located near Vernal, Utah, and has recommenced the production of oil from the Read More

Spectrum Global Solutions Receives Over $5.8 Million in New Contract Awards

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LONGWOOD, Fla., Feb. 21, 2019 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (OTC: SGSI) (“Spectrum Global” or the “Company”), a single-source provider of end-to-end next-generation wireless and wireline network solutions and professional services to the service provider (carrier) and corporate enterprise markets, today announces that year-to-date it has received over $5.8 million in new contract awards Read More

Sundance Energy Australia Limited Announces Addition of New Board Member

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DENVER, Feb. 20, 2019 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today announced the casual appointment of Judy D. Buie to serve as an independent non-executive director on the Read More

Exclusive: Brazil's Odebrecht to propose bondholder losses of over 70 percent – sources

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The corporate logo of the Odebrecht SA construction conglomerate is pictured at its headquarters in Sao Paulo, Brazil August 3, 2018. REUTERS/Paulo Whitaker/File Photo SAO PAULO (Reuters) – Brazilian conglomerate Odebrecht SA next week will ask its bondholders to accept losses of more than 70 percent from their bonds’ face value as part of a Read More

Tecogen Secures $8.4M Trigeneration Project in Manhattan

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WALTHAM, Mass., Feb. 20, 2019 (GLOBE NEWSWIRE) — Tecogen Inc. (NASDAQ: TGEN), a clean energy company providing ultra-efficient, clean, natural gas powered on-site power, heating and cooling equipment, is pleased to announce an $8.4 million Turnkey Engineering, Procurement, and Construction Services contract to install a 1 MW trigeneration plant at a data center located in Read More

Finnish startup Varjo rolls out $5,995 VR headset

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The new VR-1 headset from Finnish startup Varjo. Courtesy Varjo/via REUTERS HELSINKI/LONDON (Reuters) – Atomico-backed Finnish startup Varjo on Tuesday launched its top-of-the-range virtual reality headset, aiming to take VR technology to the aerospace and automotive sectors. The most widely known VR headsets such as HTC Vive or Facebook’s Oculus have so far mostly made Read More

India's top court finds Anil Ambani guilty of contempt in RCom-Ericsson case

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NEW DELHI/MUMBAI (Reuters) – India’s Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully failing to pay 5.5 billion rupees ($77.29 million) to telecom equipment maker Ericsson. FILE PHOTO: Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group, addresses shareholders during the company’s Read More

Honeywell-Pratt venture protests U.S. Army's contract to GE

2 days ago DieselGasoil Comments Off on Honeywell-Pratt venture protests U.S. Army's contract to GE
FILE PHOTO: A logo of Honeywell is pictured on their booth during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 22, 2017. REUTERS/Denis Balibouse (Reuters) – A joint venture of Honeywell International Inc and Pratt & Whitney on Tuesday protested the U.S. Army’s decision to award General Electric Co a contract Read More