Finnish Peikko to become majority shareholder of Chinese structural design company Shucko

The Finnish construction specialist Peikko Group Corporation has signed an agreement with Chinese structural design company Shanghai Shucko Construction Technology Co., Ltd. to become a majority stakeholder of the company …

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Equinor’s Johan Castberg FPSO arrives in Norway from Singapore 

The Johan Castberg FPSO vessel Bømlafjorden arrived on 8 April in Norway. The vessel was built in Singapore by Sembcorp Marine and the arrival in Norway happened approximately two years …

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Singaporean yards agrees to defer $1.4 billion receivables from Borr Drilling for 2 years

The Norwegian company Borr Drilling Limited recently announced that it has reached agreements in principle with the company’s largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt …

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The Big Things’ sustainable Hong Kong playground is made of Finnish wood

The Finnish Chamber of Commerce in Hong Kong’s intern Wallace Loo recently visited their corporate member, The Big Things’ sustainable Hong Kong playground made of Finnish wood. In a recent …

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Tyra topsides arrive from Singapore for TotalEnergies North Sea project

After traveling almost 16,000 kilometers from Singapore through the Suez Canal and arriving on 29 August, the first three new production platforms for Denmark’s most important gas field are to …

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IKEA is expanding with housing adjacent to its shopping centers in China

The Swedish furniture giant IKEA has started selling 500 apartments in Changsha in southern China, as the company invests in a combination of shopping centers and housing, Expressen writes.  IKEA’s shopping malls …

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Sembcorp Marine completes two offshore wind farm substations for Ørsted Wind Power

Sembcorp Marine has successfully completed the fabrication of the Offshore Substation (OSS) and Reactive Compensation Station (RCS) (collectively, “Substations”) for Ørsted Wind Power subsidiary Optimus Wind Limited, according to this …

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