The main reason behind the sale of the giant vessel has been its underutilization.
FAR Limited is raising funds for its share of the development capex for the Woodside-operated Sangomar oil field development located offshore Senegal.
Petrofac has secured two new framework agreements for the provision of engineering, procurement, construction, and commissioning (EPCC) services.
SBM Offshore signs contracts with Petrobras for the 22.5-year lease and operation of FPSO Sepetiba.
Kvaerner has revealed its plan to grow annual revenues to above NOK 10 billion ($1.1B) for the year 2023. In addition, Kvaerner has entered into an agreement with Samsung Heavy Industries and Aker Solutions for the joint delivery of FPSO contracts.
SAL Heavy Lift becomes the world’s first shipping company to equip vessels with a new hydrogen/methanol technology.
Louth County Council, Ireland, has announced its intention to carry out coastal protection works at two locations within the Dundalk Bay area. The first proposed works location is along the shoreline of Dundalk Bay, at an area called Seabank, approximately 2km east of Castlebellingham village. The s
ML Dredging are back on the Beaulieu River for the dredging phase 2 of the £2 million re-development at Bucklers Hard Marina. The Marina is close to the historical 18th century UK shipbuilding site at Bucklers Hard and the new investment is seen as securing the future of the marina over the next 25
The Scottish Government’s Minister for Energy, Connectivity and the Islands, Paul Wheelhouse MSP, marked the official completion of SSEN Transmission’s flagship Caithness-Moray HVDC link with a visit to Blackhillock substation in Moray. The £1bn transmission link, delivered on time and within regula
Dutch provider of full-service solutions for transport, handling and storage of subsea cables and flexibles, WIND, is building new cable warehouse in Velsen Noord, The Netherlands. In close co-operation with its landlord TMA Logistics, WIND has confirmed the design of its new warehouse. Planned for
OFAC designated an Iranian shipping network for alleged involvement in the smuggling of lethal aid from Iran to Yemen.
Velesto Drilling has been awarded a contract by UAE-based Mubadala Petroleum for the provision of a jack-up drilling rig for Pegaga development drilling campaign offshore Malaysia.
The LSU Real Estate and Facilities Foundation, an affiliate of the LSU Foundation, has issued a request for proposals seeking a project adviser for the University Lakes Project in Baton Rouge, LA, with a response deadline of 5 p.m. CST Friday, January 3, 2020. The RFP invites qualified firms to subm
OSG has exercised options to extend its bareboat charter deals for four AMSC tankers.
