Fidelity, BlackRock target Chinese demand for offshore funds
Fidelity International is poised to offer products that attract mainland investors chasing higher returns from overseas funds, according to sources familiar with the matter. The global…
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offshore
Online broker Tiger to double Hong Kong headcount, targets offshore China wealth
Tiger Securities plans to double its headcount in Hong Kong over the next two to three years as the online brokerage targets a bigger share of the growing offshore Chinese wealth in the…
Trump allows massive offshore wind farm to resume construction in New York—after initially forcing the project to stop
The Trump administration is allowing work on a major offshore wind project for New York to resume. The developer, the Norwegian energy company Equinor, said Monday it was told by the…
Seatrium wins offshore rig contract from Saudi Aramco-backed International Maritime Industries
RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard International Maritime Industries (IMI) to provide equipment, and a…
Seatrium inks MOU with BP for deepwater production unit in offshore US
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPU OFFSHORE and marine specialist Seatrium inked a memorandum of understanding…
Here’s what states will lose if Trump’s freeze on offshore wind energy stays in place
A single wind turbine spinning off the U.S. Northeast coast today can power thousands of homes—without the pollution that comes from fossil fuel power plants. A dozen of those turbines…
Sunac can’t rule out 2nd offshore debt overhaul
Defaulted property developer Sunac China Holdings said it can’t rule out a second offshore debt restructuring as a prolonged property crisis dims its outlook and it faces another court…
New Jersey offshore wind project faces another delay
A New Jersey offshore wind project is requesting a second delay on its plans to develop a wind farm, citing ongoing difficulties in securing a manufacturer for key turbine components. Why…
2-GW Offshore Grid Connection Takes Shape in the German Baltic Sea
50Hertz, the transmission system operator (TSO) for eastern Germany, has awarded its Ostwind 4 project to GE Vernova, in consortium with Drydocks World, a DP World company that provides…
European leaders meet to re-energise offshore wind power
The countries bordering the North Sea meet in Denmark on Thursday to seal commitments to boost offshore wind power, a sector that is suffering from stiff competition from China. At the…
OW and Eletrobras partner to explore offshore wind energy in Brazil
Ocean Winds (OW) and Eletrobras have signed a memorandum of understanding (MoU) in São Paulo to explore offshore wind energy opportunities in Brazil. The two companies will collaborate to…
RWE, TotalEnergies Developing 4 GW of Offshore Wind for Germany
German multinational energy company RWE is joining with France's TotalEnergies to jointly develop two large-scale offshore wind projects off the German coast. The companies on October 7…
India to Singapore, HK: Uber rich shift $235 bn to offshore family offices
3 min read Last Updated : Oct 06 2024 | 11:40 PM IST High and ultra-high networth individuals from India transferred approximately $130 billion in financial assets to family offices in…