More distressed vessel sales expected amid rising costs and vulnerable trade outlook due to rising geopolitical risk.
French offshore vessel owner Bourbon has confirmed the death of another crew member of the Bourbon Rhode anchor handling tug that sank over the last weekend.
Vietnamese offshore drilling contractor PV Drilling has won a long-term contract for its long-stacked heavy tender assist semi-submersible drilling rig PV Drilling V with Shell in Brunei.
InfraStrata, the UK company focused on strategic infrastructure projects, has signed heads of terms to purchase the principal assets of Harland and Wolff Heavy Industries and Harland and Wolff Group.
PGNiG Supply & Trading, a member of the Polish Oil and Gas Company Group (PGNiG), will become the exclusive recipient of natural gas produced in Norway by LOTOS Norge, a LOTOS Group company engaged in exploration and production activities on the Norwegian Continental Shelf.
More gas from Leviathan, less from Tamar.
Italian oil and gas industry contractor Saipem unveiled its new technological solution targeted at the small and medium scale natural gas liquefaction market, such as the local distribution of LNG.
Two crew members have been evacuated from an unnamed containership off the South African coast, NSRI said.
Brazilian oil and gas company PetroRio has completed the acquisition of an 18.26% interest in the Frade field located offshore Brazil.
LNG from the Sabine Pass plant in Louisiana is transported aboard the 2013-built GasLog Skagen.
Norwegian offshore vessel owner Standard Drilling has entered into a memorandum of agreement to sell one of its platform supply vessels.
The United States Federal Energy Regulatory Commission has granted the permit to Kinder Morgan to put in operation the first liquefaction train at the Elba Island liquefied natural gas export project near Savannah, Georgia.
Windpark Fryslân has achieved the financial close for the 382.7 MW Windpark Fryslân nearshore wind farm in the IJsselmeer, the Netherlands. Ten banks and the province of Fryslân are jointly financing Windpark Fryslân, which is being built south of the Afsluitdijk, six kilometers off the Frisian coas
Windpark Fryslân has achieved the financial close for the 382.7 MW Windpark Fryslân nearshore wind farm in the IJsselmeer, the Netherlands. Ten banks and the province of Fryslân are jointly financing Windpark Fryslân, which is being built south of the Afsluitdijk, six kilometers off the Frisian coas