A flurry of early contracts marked August's official sanction of the £1.4 billion development of Cygnus, the largest southern North Sea gas discovery in the last 25 years. Meg Chesshyre reports.GDF Suez, which will operate Cygnus on behalf of partners Centrica and Bayerngas…
firms . . .Remedial Offshore has filed for Chapter 11 bankruptcy protection, allowing the company to continue to operate its facilities and offices in the ordinary course of business. Remedial will use the financing to increase working capital…
The Crown Estate, owner of the UK’s coastal seabeds, last month granted rights in Round 3 to energy companies in nine coastal zones to develop the biggest expansion of wind energy seen in the world so far. Meg Chesshyre reports.--Round 3 has…
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