South Korea headquartered Hyundai Heavy Industries Co. said Wednesday a $1.8 billion order to build an offshore facility has been cancelled, according to media reports.
Chevron North Sea Limited recently announced that it had started production at the Alder field in the central North Sea, more than 40 years after it was first discovered.
"First gas at Alder represents a significant milestone for Chevron and highlights our commitment to investing and developing resources in the U.K.,” said Greta Lydecker, managing director for Chevron Upstream Europe.
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