Offshore drilling contractor Velesto Drilling has won a drilling services contract worth nearly $21 million with oil giant Petronas Carigali.
The UK government launched today a £20 million (about $27.7 million) competition to make innovative green maritime ideas a reality.
Aker BP has exercised the second 12-month option for the Deepsea Nordkapp rig under a contract entered into between the parties in April 2018.
A bankruptcy court has approved an agreement between Seadrill Partners and Vantage Drilling under which Vantage will manage four Seadrill Partners’ floaters
Singapore’s shipbuilder Strategic Marine has secured a contract to build two 42-metre fast crew boats (FCB) for Malaysian vessel operator Centus Marine.
Shipbroker Simpson Spence Young (SSY) claims forward freight agreements (FFAs) will play an integral role in the volatile LNG market.
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has decided to invest into Larvik Shipping, a Norwegian ship management company for liquified CO2 carriers. The investment marks MOL’s entrance into a completely new market of ocean transportation of liquefied CO2. The business sector plays a c
French container shipping major CMA CGM reduced the overall emissions of its fleet by 4% in 2020 compared to 2019, the company said in its annual report for 2020. Since 2008, the group has reduced its CO2 emissions by 49% (TEU-km), in line with its objective of reaching -50% emissions by 2030. This
Norwegian offshore safety authority has found serious breaches of regulations on a Valaris rig following an investigation of an incident from 2020.
TAQA has awarded Odfjell Drilling a five-year contract for the provision of platform drilling & maintenance services on its North Sea installations.
Damen Ship Lease and Damen Financial Services, units of Dutch shipbuilding group Damen, and local commercial bank NIBC have entered into a multi-year partnership in the field of ship leasing.
Siemens Energy has been awarded a topside EPC contract by MISC Berhad for eight complete topside modules for an FPSO bound for South America.
Vaccination hiccups could prevent the recovery of up to 1 million bpd of oil demand in 2021, Norwegian energy intelligence company Rystad Energy has said.
Mexico’s President Andres Manuel Lopez Obrador stated that the country will absorb regular debt payments this year for state-owned oil company Petroleos Mexicanos (Pemex).
