Troubled Scottish manufacturing firm Burntisland Fabrication (BiFab) is facing renewed survival woes as two Chinese firms look set to fulfil the lion’s share of a multi-million pound North Sea wind farm contract.
ExxonMobil’s decision to slash capital expenditure this year by 30% has pushed back a final investment decision (FID) on the Rovuma LNG project, in Mozambique.
Dallas engineering, procurement and engineering company Fluor posted a nearly three-quarter billion dollar loss during the third quarter amid a company-wide overhaul.
The Rovuma LNG project has taken another step ahead but a final investment decision (FID) is now expected in early 2020.
Irving engineering, procurement and construction Fluor plans to sell off $1 billion in assets as the company refocuses on energy sector projects.
Energy firm SSE will buy Fluor's 50% share in Seagreen Wind Energy, a developer of offshore wind projects in the Firth of Forth.
A new mammoth offshore wind project has applied for Marine Scotland consent off the north-east coast of Scotland.
Fluor has been awarded a contract by BP to perform the front-end engineering and design (FEED) for the Cassia Compression Project off the east coast of Trinidad and Tobago.
Scotland’s burgeoning offshore wind industry was dealt a blow yesterday after a judge in Edinburgh upheld a legal challenge against four developments.
Fluor Corporation has agreed to buy engineering services firm Stork for $755million.