L&T Hydrocarbon Secures Major Offshore Project in the Middle East
In a major win, Larsen & Toubro’s hydrocarbon business, L&T Energy Hydrocarbon (LTEH), has bagged offshore project orders totaling a whopping Rs 15,000 crore in the Middle East. The prestigious contract involves the comprehensive development of a large offshore platform seamlessly integrated with existing facilities, signaling a significant milestone for L&T in global offshore project execution. The undisclosed client’s nod to this mega order underscores L&T’s prowess and its commitment to expanding its footprint in the strategically vital Middle East region. This accomplishment solidifies L&T’s position as a key player in the hydrocarbon industry, with a focus on excellence, innovation, and global recognition.
Analysis: The hardest part is yet to come for gas-hoarding Europe
Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are likely to stay high and governments could have to implement painful rationing measures they have so far avoided.
Foxconn fine for unauthorised China investment likely to be imposed soon – source
Foxconn, the world’s largest contract electronics maker, is likely to be fined soon by Taiwan’s government for an unauthorised investment in a Chinese chip maker, a person with direct knowledge of the situation said on Monday.
eCom Learning Solutions helps energy companies move towards net zero carbon emissions
Scotland’s leading digital learning and assessment specialist, eCom Learning Solutions, is helping energy companies and contractors transform their businesses to move – cost-effectively – towards being net zero carbon producers.
eCom Learning Solutions joins the DeepWind cluster
The digital learning and assessment specialist, eCom Learning Solutions, has become a member of an organisation intended to increase supply chain competitiveness and productivity to the renewable energy sector in Scotland. Known as DeepWind, the organisation aims to maximise its members’ involvement in new initiatives, encouraging innovation in the supply chain to create new products and services for the rapidly expanding offshore wind market in Scotland.
Some investors have not got Evergrande unit’s bond interest due Nov 6: sources
Some holders of offshore bonds issued by a unit of developer China Evergrande Group (3333.HK) had not received interest payments due on Nov. 6 by Monday morning in Asia, two people familiar with the matter said.
