Sound Energy has provided an update in relation to the project debt funding for the phase 2 development of the Tendrara Production Concession and announces the receipt of a conditioned offer made by Attijariwafa bank. Project Debt Funding The Company announced on June 23. 2022 that it had entered into an Arrangement and Mandate letter […]

Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The overall amount of these new acquisitions is approximately $1 billion. Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a […]

mtu Kinetic PowerPack for uninterruptible power supply now even more environmentally friendly Tests show: no loss of performance with HVO fuel System consists of mtu diesel engine coupled to kinetic energy accumulator via electromagnetic clutch and a synchronous machine Rolls-Royce has approved its mtu Kinetic PowerPacks, based on the mtu Series 4000 and 1600 diesel […]