Wood has been awarded an FEED contract by SLNG for Singapore’s second LNG terminal, adding five million tonnes per annum capacity to meet the country’s energy needs. Mitsui OSK Lines ordered the FSRU for the project, with Wood reviewing the design and coordinating integration into the infrastructure. Wood employees in Singapore, Ireland, Scotland, and Spain will support the project, following their previous work on Singapore’s first LNG terminal in 2013.
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Grab-Gojek merger talks resurface amid market optimism and regulatory challenges
Southeast Asia's ride-hailing giants Grab and Gojek are in talks for a potential merger, with Gojek possibly valued at over US$7 billion, offering shareholders a 20% premium. Maybank Investment Bank highlights significant synergies, estimating cost savings of up to US$209 million by 2027, despite regulatory challenges from the Indonesian Competition Commission. If the deal goes through, it could reshape the region's tech landscape, with Grab solidifying its dominance and Gojek securing a stronger position in...
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