
Standard Drilling has agreed to sell one of its large-sized PSVs for $10.3 million to increase its capital to pursue diversified investments within the energy sector.

Logistics provider Asyad Group has issued a request for expression of interest (REOI) to local and international private firms looking to enter joint engagements and cooperate to develop the infrastructure and operations of Suwaiq Port in Al Batinah North, Oman.

Leading figures in the marine energy sector have warned that the UK’s world-leading position in tidal energy can only be maintained with ‘practical support from Government to match its undoubted goodwill’.

CNOOC Limited has started production from the Lufeng oil fields regional development project located offshore China.

Brazilian energy company Eneva has signed an exclusivity and cooperation agreement with financial service company Servtec for the development of an LNG terminal at or near the Port of Itaqui in Brazil.

Great Lakes Dredge & Dock Corporation (GLDD) has signed a $92.5 million dredging contract for the Houston Ship Channel Widening and Improvement Project 11. This is the first phase of the extensive, multi-phase Houston Ship Channel billion-dollar expansion and deepening program. According to GLDD, dr

Danish shipping company Dan-Unity CO2 is ready to order the world’s first vessels capable of large-scale CO2 transportation.

UK-based PJ Valves has won two FPSO valve contracts worth $11 million for projects in Brazil.

Greek LNG shipper GasLog’s LNG tanker GasLog Glasgow has rescued 17 people from a boat in distress while transiting the Yucatan Channel, bound for Sabine Pass.

Bermuda-based ship owner and charterer SFL Corporation has agreed to acquire four modern Aframax LR2 product tankers for an aggregate purchase price of $160 million.

Deltic Energy has completed the 3D seismic survey over its Licence P2428 (Cupertino Area) and surrounding areas in the Southern North Sea.

Global provider of marine equipment Fendercare Marine said it used a new LNG transfer system to complete a series of LNG STS operations for one of the leading global energy companies.

CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.

Spain’s Repsol has been forced to halt production from its Yme field less than a month after the oil production started.