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Posts on ‘August 13th, 2017’

Equis Is Said to Seek Binding Bids for $4 Billion Power Assets

Equis Energy, the Singapore-based developer of power projects, has asked for binding bids for its $4 billion renewable energy business by late September, people with knowledge of the matter said.

A consortium led by I Squared Capital is among suitors chosen to proceed in the bidding for the portfolio of Asia Pacific assets, according to the people. The infrastructure investment firm is partnering with Thai utility Electricity Generating Pcl and Japanese trading house Mitsubishi Corp., the people said, asking not to be identified because the information is private. read more

Massive Shell platform starts its journey to Texas

The hull of a massive deep-water platform owned by Royal Dutch Shell recently left South Korean shipyards as it set off for Texas. The hull will be attached to the topsides of the platform before its installation in the Gulf of Mexico.

Massive Shell platform starts its journey to Texas

The massive four-column hull of a deep-water oil platform began sailing from South Korea to Texas this week, starting a monthslong voyage that will bring Shell closer to finishing a multibillion-dollar Gulf of Mexico project. read more

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