United States
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Offshore
Petrobras taps Baker Hughes for Buzios well construction services
Nasdaq-listed oilfield services major Baker Hughes has won a contract award from Brazilian oil giant Petrobras for integrated well construction…
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Tankers
International Seaways swoops for six MRs
Minnesota-based Wayzata Investment Partners is behind what brokers at Cleaves Securities have coined as the deal of the week. Brokers…
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Finance and Insurance
EnTrust Global buys Offshore Merchant Partners
US asset management firm EnTrust Global has sealed a deal to acquire Norwegian alternative investment fund Offshore Merchant Partners for…
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Offshore
Shell taps TechnipFMC for subsea work on Sparta project
Offshore contracting giant TechnipFMC has been awarded a contract by energy supermajor Shell for the first integrated engineering, procurement, construction,…
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Bunkering
Scorpio Tankers signs up for emulsion bunker fuel systems across entire fleet
FOWE Eco Solutions has entered into a memorandum of understanding with New York-listed shipping giant Scorpio Tankers to license FOWE’s…
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Dry Cargo
James Chao returns to Foremost following death of his daughter
James Chao, 96, is stepping back into the role of Foremost Group chairman following the death of his daughter on…
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Offshore
Transocean bags new deals for drillship pair
Swiss-based offshore driller Transocean has won one new contract and one extension for two of its drillships. The first contract…
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Offshore
Noble jackup wins extension for work in Dutch North Sea
Offshore driller Noble Corporation has won an extension for one of its harsh-environment jackup rigs working in the North Sea.…
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Containers
Turkey’s Arkas Line enters US market
Turkish shipping company Arkas Line is expanding into the US market, connecting major Mediterranean, Black Sea, and African ports with…
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Renewables
Eversource exits offshore wind with two project stake sales worth $1.1bn
Eversource Energy has opted to sell its 50% stake in the 132-megawatt South Fork Wind and the 704-megawatt Revolution Wind…
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Americas
Foremost Group CEO Angela Chao dies in car accident
Angela Chao, the chief executive and chair of New York-based bulker owner Foremost Group, has passed away after a tragic…
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Tankers
Washington unveils further sanctions against Russian-linked tanker operators
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took its second price cap enforcement action of…
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Tankers
ExxonMobil lines up shuttle tanker newbuilds
US supermajor ExxonMobil has reserved up to four slots for shuttle tanker newbuilds in South Korea. Shipbuilding sources report Samsung…
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Offshore
Diamond Offshore scores $360m in rig deals
Houston-based Diamond Offshore Drilling has won a contract with Serica Energy for one of its semi-submersible rigs and an extension…
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Tankers
International Seaways and Ultranav form aframax pool
New York-listed tanker owner International Seaways has launched Aframax International, a joint venture pool with Chilean owner Ultranav. According to…
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Offshore
TotalEnergies buys 75% stake in Vantage drillship for $200m
French energy major TotalEnergies and offshore driller Vantage Drilling have signed a binding agreement to create a new joint venture…
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Offshore
Helix bags contract extensions in Brazil and US Gulf
Houston-based offshore contractor Helix Energy Solutions has landed contract extensions in Brazil and in the US Gulf of Mexico. The…
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Tankers
TRF sells modern VLCC for $102m
Transportation Recovery Fund has offloaded its five-year-old and only VLCC. Brokers are reporting the sale of the 2018-built scrubbed-fitted TRF…
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Offshore
Siem Offshore inks new long-term deals for well intervention duo
Norwegian offshore vessel operator Siem Offshore has signed new deals with Houston-based offshore energy services company Helix Energy Solutions for…
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Offshore
Oceaneering unit bags $200m worth of contracts
Oceaneering has revealed multiple contracts for its manufactured products segment worth around $200m. The contracts have been secured primarily with…
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