Tag Archives: Assets

Lippo To Invest In Asia

Indonesian company Lippo Group declared that it is not discouraged by a slump in Asian property markets and increasing financing costs, and decides to invest ten billion dollar on projects and acquisitions over the next half decade.
The group is aiming various kind of projects such as retail, residential, hospital and hotel projects, and also distressed [...]

LnT To Build Rigs, Semi-Submersibles, FPSOs

Engineering and construction major Larsen and Toubro today said it would build assets for the offshore segment that is facing shortage of assets.
L&T, which has a base in Oman, plans to build jack-up rigs, semi-submersibles and FPSOs (Floating Production and Storage Offloading vessels) for the offshore segment in Oman.