TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI) contract by Shell for the Perdido Phase 2 development, located in the Gulf of Mexico.
South Carolina Ports Authority President and CEO, Jim Newsome, delivered his 11 th State of the Port address yesterday to more than 900 business executives, elected officials, SCPA customers and members of the maritime community. The Propeller Club of Charleston hosted the annual event in North Char
Lomonosov Prospect and Mendeleev Prospect crossed the full length of the NSR using only cleaner-burning fuel.
Oilfield services company Expro has appointed a new chief financial officer (CFO) of the company.
The import and export financing services range, Shipfin Trade Finance, was set up with invoice finance platform Incomlend.
Tanjung Offshore Services has won a contract with Petronas Carigali for integrated well services.
The company now expects its EBITDA to be in the range of USD 5.4 to 5.8 billion, up from the previous USD 5 billion.
French Total joins forces with China’s ZEG to create a joint venture company dedicated to marine fuels.
Oil from the Johan Sverdrup field in the North Sea has arrived at the Mongstad plant north of Bergen. “This is a great day for Equinor and the Johan Sverdrup partnership, consisting of Lundin Norway, Petoro, Aker BP and Total. First oil to Mongstad only a few days after production start confirms tha
U.S. engineering firm McDermott has entered into an agreement with lenders under which the company would have access to up to $1.7 billion of additional financing, including a letter of credit capacity.
McDermott has entered into an agreement with certain of its secured lenders under which the company will have access to up to $1.7 billion of additional financing, including letter of credit capacity. Under the terms of the agreement, McDermott will have immediate access to $650 million of financing
The beach nourishment operations at Hayling Island are set to begin today with the dredger expected to arrive at the dredge site, Chichester Harbor Approach Channel, at approximately midday, Eastern Solent Coastal Partnership – ESCP reports. Once the first dredge has been carried out, the material w
With support from the Asian Development Bank (ADB), work has begun to develop and transform the Aiwo Boat Harbor area, which will help make it Nauru’s first international and cargo terminal. Nauru President, Mr. Lionel Aingimea, today witnessed the upgrade work as engineers installed large reinforce
Oilfield service provider Halliburton saw a decrease in its third quarter 2019 profit and revenues when compared to its performance in the same period last year.
