Mermaid Maritime Public Company Limited (the “Company”) announces that it shall be establishing an indirect majority owned subsidiary, Mermaid-MOE JV Co., Ltd. (“MMJV”), in Thailand.
Siemens Gamesa’s massive 14-megawatt (MW) wind turbine is set to become commercially available from the mid-2020s, furthering the industry’s push for larger and more efficient facilities.
The South American oil and gas pipelines sector has been impacted by weak demand and low oil and gas prices as a result of COVID-19.
In support of President Trump’s Executive Order 13795, Implementing an America-First Offshore Energy Strategy, the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) and Bureau of Safety and Environmental Enforcement (BSEE) have announced proposed changes to clarify, streamline and provide greater transparency to financial assurance requirements (e.g. bonding) for the offshore oil and gas industry, while protecting American taxpayers against high-risk decommissioning liabilities.
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