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Growing demand and higher rates fuel the flames of Borr Drilling’s hopes for further financial boost

This post was originally published on this siteBorr Drilling has disclosed its updated 2022 and 2023 financial guidance, showing a significant improvement in both cases. The post Growing demand and higher rates fuel the flames of Borr Drilling’s hopes for further financial boost appeared first on Offshore Energy.

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North America to dominate global ammonia capacity additions by 2027

This post was originally published on this siteGlobal Ammonia capacity is poised to see considerable growth over the next five years, potentially increasing from 239.41mtpa in 2022 to 293.52mtpa in 2027, registering total growth of 23%. Around 95 planned and announced plants are slated to come online, primarily in North America and the Middle East.

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