China: hydropower plants
Unified Energy Systems (UES) plans to spend USD 8.2 billion expanding hydropower in eastern Siberia, which will help produce more energy to export to China.
USA: semi-submersible upgrade
Diamond Offshore Drilling Inc. has announced initiation of a major upgrade of the Victory-class semi-submersible Garden Banks, which has been renamed Ocean Monarch.
USA: Blind Faith platform installation
Chevron with partner Kerr-McGee has awarded Aker Kvaerner a contract for marine operations for installation of the Blind Faith platform in the Gulf of Mexico.
Nigeria: gas development
As the 2008 gas flare out deadline for oil firms approaches, operating joint venture partners have staked over USD 6.5 billion investment profile to undertake the challenge.
Ukraine: pipes for gas pipeline
Khartsyzsk Pipe Plant KPP in Donetsk region, a producer of large-diameter stainless steel oil and gas pipes, has won a tender to supply pipes for the construction of the Bohorodchany - Uzhgorod gas pipeline.