
SLB has signed on the dotted line to pool resources with the State Oil Company of the Republic of Azerbaijan (SOCAR) for the redevelopment of two oil and gas fields in the Caspian Sea to augment production from these mature assets off the coast of Azerbaijan.

Cleantech company Cavotec has signed additional contracts worth a total of €9.35 million (approximately $10.9 million) with an undisclosed shipping player to supply shore power systems for container vessels. According to officials from Cavotec, the two new orders cover both newly built boxships and