Equipment Contract News Today

Two years after it was slammed with a $9m claim for breaching contract by a US Court, Greenville LNG company is on the brink of another lawsuit in its supply dealings with Nigerian-based manufacturing giant, BUA Group. Owned by Eddy Van Den Broeke, a Belgian cement magnate, Greenville is the pioneer Liquefied Natural Gas (LNG)…

The medical device contract manufacturing market is expected to grow at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to the rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) a...

Investegate announcements from i3 Energy PLC, Contract Restructure & Dividend Creditor Consent

i3 Energy announces contract restructuring with Baker Hughes and creditor consent to proceed with dividend 17 May 2021 i3 Energy, an independent oil and gas company with assets and operations in the UK and Canada, has provided the following update. In September 2017, i3 entered a £5.8 million contract with GE Oil & Gas UK for subsea trees and wellheads (the Equipment Contract) intended for the Companys eventual development of its Liberator field. In July 2019, i3 announced it had awarded Ba...

GE Secures Equipment Contract to Power the Biggest Power Plant in Senegal Project supports the Senegalese government’s target to enhance universal access to electricity by increasing its generation capacity DAKAR, Senegal, January 28, 2021/APO Group/ -- The Cap des Biches combined cycle gas turbine power plant is expected to generate 300 megawatts (MW), nearly 25% of the power consumed in Senegal and the equivalent electricity needed to power approximately 500,000 Senegalese homes; under the...

Image Under the contract, GE will supply two 9E.03 gas turbines, one STF-A200 steam turbine, three A39 generators, two Heat Recovery Steam Generators (HRSG) and additional balance of plant equipment (Source: GE | 1 month ago)