Posts By: Soujanya Ravi

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Audubon bags contract for King’s Quay FPS Project from Murphy Oil

King’s Quay FPS Project : Murphy Oil has awarded a contract to Audubon Companies pertaining to the deepwater semi-submersible floating production system (FPS) to be used for the King’s Quay development in the US Gulf of Mexico. The contract is for providing detailed engineering and design services, and also procurement and construction support Murphy Exploration […]

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Final turbine installed at 120MW Formosa 1 offshore wind farm phase 2

Ørsted said that the installation of the final turbine of the 120MW Formosa 1 offshore wind farm phase 2 in Taiwan has been completed. The Formosa 1 offshore wind project, which is the commercial-scale offshore wind farm in Taiwan, comprises 20 wind turbines, each of 6MW capacity. The Taiwanese offshore wind farm will be able […]

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Equinor bags WA-542-P exploration permit in Carnarvon Basin, Australia

Equinor has been granted a new exploration permit – WA-542-P in the Northern Carnarvon Basin offshore Western Australia by the National Offshore Petroleum Titles Administration (NOPTA) for an initial period of six years. The Norwegian oil and gas giant holds 100% ownership in the permit located in Australia’s northwest shelf. Located west of the recently […]

US bank holding firms Reliant Bancorp and TCB Holdings to merge

Reliant Bancorp, the parent company of Reliant Bank, has agreed to acquire rival Tennessee-based bank holding company Tennessee Community Bank (TCB Holdings) in a cash-cum-stock deal worth around $37.2 million. TCB Holdings is the parent company of Community Bank & Trust (CB&T), which is based in Ashland City. It has banking centers across Ashland City, […]

Superior National Bank and Trust to acquire Main Street Bank for $42m

Keweenaw Financial, the parent company of Superior National Bank and Trust has agreed to acquire rival Michigan-based bank holding firm North Star Financial and its subsidiary Main Street Bank for $42 million. While Superior National Bank and Trust, which was founded in 1890, holds more than $575 million of assets under management, Main Street Bank […]

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Project Atlas : Senex Energy draws first gas from Surat Basin gas project

Australian energy company Senex Energy has announced that the AUD 140 million Project Atlas, an onshore coal seam gas project in Surat Basin, Queensland, has produced its first gas. The Surat Basin gas project involves the production of natural gas from a 58km2 acreage near Wandoan and Miles, which was won by Senex Energy from […]

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Phase 2 of Formosa 1 offshore wind farm in Taiwan produces first power

Danish energy company Ørsted and its partners have generated first power from the second phase of the 128MW Formosa 1 offshore wind farm located in Taiwanese waters. The second phase of the Formosa 1 project will feature 20 turbines delivered by Siemens Gamesa, which will have a combined capacity of 120MW. Each of the turbines […]

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