Total Energy Ventures (TEV), Hubei High Technology Investment Guiding Fund and Cathay Capital have signed a Heads of Agreement to launch the Cathay Smart Energy Fund, an investment fund dedicated to energy sector in China.
The drama surrounding the proposed changes to the US tax system has finally run its course. The House and Senate reconciled their versions of the bills, and President Trump signed it into law.
Total has inaugurated the new units at its Antwerp integrated refining & petrochemicals platform, which have progressively started up in the last few months.
Maersk Oil has announced that the Danish Underground Consortium (DUC) has approved an investment of approximately USD3.35bn in the full redevelopment of the Tyra gas field. The announcement follows the Danish Parliament’s approval to implement legislation to secure the investment.
A recently formed subsea services business has secured a substantial injection of private equity investment to acquire a fleet of 32 best-in-class ROVs (remotely operated vehicles).
