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McDermott shareholders approve merger with CB&I

McDermott International shareholders have approved the company’s merger with Chicago Bridge & Iron Company (CB&I), preventing Subsea 7 from blocking the deal. In April, Subsea 7 confirmed that


India’s first recorded dam failure was caused by overtopping of the Tigra Dam in Madhya Pradesh in 1917. More than 60 years later, the country’s worst dam failure

Refinancing loans agreed for Bujagali

IFC and MIGA have announced they are supporting a refinancing package for the Bujagali hydropower project in Uganda in a bid to reduce electricity costs and improve access

Statoil invests in offshore digital technology

An integrated operations support centre and a drilling operations centre will help reach Statoil’s ambition of increasing value creation from operated fields in Norway by more than $2