
Awilco Drilling has won the second arbitration case related to a rig termination deal, after the arbitration tribunal ruled in its favor.

Germany’s chemical producer BASF has secured the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the State of Rhineland-Palatinate to build a proton exchange membrane (PEM) electrolyzer which is expected to produce up to 8,000 metric tons of hy