L&T bags international contracts
The heavy engineering arm of Larsen & Toubro has won significant contracts for critical reactors, equipment and systems for process plant sector, against stiff global competition.
Veterans at Helm
Sudhir Mathur: Chief Executive Officer
Mathur, who was earlier the acting CEO and CFO will now take the responsibility of Chief Executive Officer (CEO), Cairn Oil & Gas. He has been an expert in the oil and gas sector.
More power to gas will fuel cogeneration
The gas-based cogeneration in India is still a challenge because of gas pricing. Currently, it is difficult to motivate the consumer to go for the gas- based combined heat and power (CHP) option. Except for fertilisers and oil & gas companies, we are not seeing much except for those installed before.
Deep Industries bags order worth Rs.28 cr
Deep Industries has received Notification of Award for hiring of Gas Compression services at Linch GGS of ONGC, Mehsana Asset for a period of three years. The total value of the said award is of approximately Rs 7.66 cror
Will Oil Prices Persist at Low Levels
In the next few years, global oil prices will hinge on factors like global economic growth, China´s focus on heavy industries, US oil production, OPEC output quotas and additional future flows from Iran if sanctions are lifted.
The power savior
Black & Veatch, a global leader in delivering proven world class ´concept to commissioning´ project solutions for India´s complex challenges in the segments of power, oil & gas, water and telecom, has announced the appointment of Mitesh Patel as the new head of its management consulting business in India, Southeast Asia and the Middle East.