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McDermott Enters Deal to Initiate Financial Restructuring

McDermott International Ltd announced that it has entered into a transaction support agreement to initiate a financial restructuring process. ....

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McDermott International announces transaction support agreement with key financial stakeholders to position company for long-term success

McDermott International announces transaction support agreement with key financial stakeholders to position company for long-term success
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MCDERMOTT ANNOUNCES TRANSACTION SUPPORT AGREEMENT WITH KEY FINANCIAL STAKEHOLDERS TO POSITION COMPANY FOR LONG-TERM SUCCESS

Reaches Transaction Support Agreement with More Than 75% of Secured Letter of Credit Facility Providers, Funded Debt Creditors and Equity Holders Receives $250. ....

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Philippines welcomes its first LNG terminal

The Philippines’ only producing gas field, Malampaya, is in decline. The gasfield is predicted to dry up by 2022, at which time the Philippines will need nearly 9mn tonnes of LNG each year to supply. ....

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KOGA Boosts Hydrogen Development

Korea Gas Corporation (KOGAS) is positioning itself as a global leader in hydrogen by participating in all aspects of the hydrogen value chain. ....

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