Americas
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GE may drop its stake in Baker Hughes
Houston-based oilfield services giant Baker Hughes could be dropped from the GE family it joined only in July as the…
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US market regulator fines Statoil for manipulation
The United States’ Commodity Futures Trading Commission (CFTC) said on Tuesday it has fined Norway’s Statoil $4m for manipulating the…
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Petrobras ups its funding forecast and drops estimate for divestments
Brazil’s troubled state oil firm Petrobras on Tuesday made a bullish forecast on its funding for the year while also…
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Pemex says plant beginning to restart at quake-hit Salina Cruz refinery
Mexico’s state oil company Pemex on Tuesday announced that its Salina Cruz refinery has begun the start-up of its plants…
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Torm to list on Nasdaq
Danish shipowner Torm has announced plans to file for registration with the US Securities and Exchange Commission today for a…
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GulfMark Offshore emerges from chapter 11 after completing restructuring
US offshore vessel operator GulfMark Offshore has completed its financial restructuring plan and emerged from bankruptcy protection under chapter 11…
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Log-In Logistica orders 2,700 teu ship at Wenchong
Brazilian cabotage carrier Log-In Logistica has ordered a 2,700 teu containership at China’s state-run Guangzhou Wenchong Shipyard. The ship, costing…
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Shell says four Gulf of Mexico platforms shut in because of Enchilada fire
British-Dutch oil multinational Shell announced on Tuesday that four of its platforms are shut in because of last week’s fire…
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Americans top charts in distressed asset acquisitions this year
This year has seen American owners top the list of buyers of distressed tonnage, snapping up vessels sold at bank…
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Pacific Drilling files for chapter 11
Drillship specialist Pacific Drilling has filed for chapter 11 in the US Bankruptcy Court Southern District of New York. The…
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Portland to welcome back liner calls after lengthy time on the sidelines
After more than 18 months of lying dormant the Port of Portland’s container facility, Terminal 6, has found a customer.…
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Former executives of SBM Offshore plead guilty to corruption in US court
A pair of former executives at Dutch oil industry services firm SBM Offshore pleaded guilty in US federal court on…
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Port of Oakland gets initial approval for logistics centre
The Port of Oakland on Friday announced that its board of commissioners has given initial approval for a logistics centre…
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Police confirm that body found in St Lawrence River is Filipino crewman from Amazoneborg
Quebec provincial police on Friday identified a body found in the St Lawrence River last month as that of Jeyson…
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Brazil announces fourth round of presalt auctions will be in June
Brazil’s National Council of Energy Policy (CNPE) on Thursday announced that the fourth round of pre-salt auctions for blocks in…
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McDermott scores major EPCI contract in the Middle East
Houston-based offshore services firm McDermott International has announced a major contract award from the Middle East for engineering, procurement, construction…
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International Seaways snaps up Gener8 VLCC
New York-headquartered tanker owner International Seaway continues to expand its fleet with the acquisition of a 2010-built VLCC, a deal…
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Appetite growing for dual fuel engine retrofits
American owner Tote has tapped MAN Diesel & Turbo to convert two ships deployed in Alaska – North Star and…
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Hess extends Noble Corp semi-submersible contract
Noble Corporation semi-submersible rig has been handed an extension by Hess for ongoing operations in the US Gulf of Mexico.…
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US House committee votes to pass SECURE act which would increase offshore oil and gas activity
A committee of the US House of Representatives on Wednesday voted to pass the SECURE American Energy Act, which will…
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