Sparrows Group has doubled the size of its operations in the United Arab Emirates after securing £55 million ($71M) in contracts over the past three months.
Under an agreement with an undisclosed party, the company would sell the 2003-built BW Nantes and BW Nice.
Monsoon Navigation Corporation and Panama-flagged Ocean Elegance were sanctioned in May 2019.
Kosmos Energy has failed to find oil at its Moneypenny prospect in the U.S. Gulf of Mexico.
Global Renewables Shipbrokers (GRS) and COLI Schiffahrt & Transport have entered a strategic partnership that will see the two companies jointly offering services in the offshore wind market in Japan. “With COLI a competent and experienced partner in the field of break bulk and project cargo – espec
Armed pirates have kidnapped four crew members from a Greek tanker off Lome, Togo.
Jan De Nul Group carries out dredging work in the Benelux with 100% renewable fuel. According to the company’s latest release, the trailing suction hopper dredger (TSHD) Alexander von Humboldt will from now on sail on renewable biofuel from certified and sustainable waste streams. The choice of 100%
Quetzal Capital has announced a voluntary conditional cash offer for all of the issued and outstanding ordinary shares of Singapore’s offshore support vessel operator PACC Offshore Services Holdings (POSH).
SBT Energy has completed a wave-tank test programme and preliminary field trials, for its buoy concepts, part of a disruptive offshore buoy and tank technology for the renewables, oil and gas and other offshore industries. SBT’s technology covers eight unmanned offshore buoy and storage tank concept
MOL has signed an agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated E&P and mid-stream interests in Azerbaijan. The acquisition includes a 9.57% stake in the Azeri-Chirag-Gunashli (ACG) oil field, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan (BTC
The company has calculated that it would have to pay 193,08 USD/ton more for VLSFO fuel.
Hungarian oil and gas company MOL has signed an agreement with Chevron to acquire its non-operated E&P and midstream interests in Azerbaijan for total consideration of $1.57 billion.
IndianOil has commenced deliveries of IMO 2020 compliant low sulphur fuel oil at Indian ports.
The financing deal was agreed with VEB.RF Group, while a time charter contract was signed with NOVATEK Group.
