Schlumberger to Buy Stake in Fortuna LNG
Oilfield services giant Schlumberger is entering Ophir Energy’s Fortune floating liquefied natural gas (LNG) project off Equatorial Guinea after agreeing a preliminary…
Russians to Acquire Fairline Boats
Crisis-hit yacht manufacturer Fairline Boats has been saved after the firm was bought by two Russian investors. A new company, Fairline Acquisitions, funded by two…
Indian State Maharashtra Unveils New Port Policy
The Maharashtra state government has given approval to its comprehensive Maharashtra Port Development Policy for creating better facilities around 720 km coastal region of the state.
Vale's Tubarao Port to be Reopened
Brazilian mining company Vale SA may reopen its iron ore and coal port, Port of Tubarao, near Vitoria, reports Reuters. Vale, the world's largest iron ore exporter…