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Asia
Bumi Armada to initiate legal proceedings against Woodside over FPSO termination
Malaysia’s Bumi Armada Berhad has announced that its wholly-owned subsidiary, Armada Balnaves, has received notice from Woodside Energy Julimar terminating…
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Europe
Total extends Eidesvik pair
Total E&P Norge has extended the contracts for two Eidesvik supply vessels operating at the Solaris well in the North…
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Middle East
Topaz lands 14-vessel extension from BP for work offshore Azerbaijan
Topaz Energy and Marine has secured a contract from BP Exploration (Caspian Sea) to extend the running contracts on 14…
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Europe
Subsea 7 gets UK North Sea IRM extension from BP
Subsea 7 has secured a two-year extension to an existing contract by BP for subsea construction, inspection, repair and maintenance…
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Asia
Petronas to shed 1,000 jobs as part of restructuring
Malaysian oil and gas giant Petronas announced a new leaner management team following a strategic review of its business which…
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Americas
Noble Corp jackup damaged in accident at Sembcorp’s Jurong Shipyard
Noble Corporation has announced that newbuild jackup rig, Noble Lloyd Noble, was damaged in an accident at Sembcrop Marine’s Jurong…
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Containers
Two new charters for Euroseas
Greek containership and dry bulk owner Euroseas has announced that it has chartered out 2,556 teu containership Evridiki G under…
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Dry Cargo
Star Bulk terminates four and delays five from newbuild programme
Nasdaq-listed Star Bulk has revealed its latest move to keep its large newbuilding programme in check as part of efforts…
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Europe
Farstad Shipping confirms Aalesund downsizing
Having announced last month it would begin downsizing at its Aalesund office, Farstad Shipping has confirmed 26 positions have been…
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Europe
Hafnia Tankers seals $360m fleet refinancing
Hafnia Tankers has signed for a new $360m credit facility to refinance an existing credit facility, saving on interest costs…
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Europe
Subsea 7 lands major contract in Egypt from BP
Subsea 7 has been awarded a major contract by BP and its partner Deutsche Erdoel for the development of the…
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Asia
Law firm apologises for labelling Siva Shipping insolvent
Law firm Rajah & Tann has apologised for suggesting Singapore’s Siva Shipping was insolvent. As originally reported by Splash three…
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Africa
Bourbon Offshore crew pair abducted off Nigeria
French offshore vessel operator Bourbon has issued a statement, confirming that anchor handling and tug supply vessel was attacked off…
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Europe
Seadrill plans further staff cuts after shedding more than 2,300 jobs in 2015
John Fredriksen’s Seadrill has revealed during its fourth quarter results that cost cutting by the company led to the loss…
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Europe
Ensco to scrap a dozen
UK-based offshore drilling firm Ensco has revealed plans to scrap another five jackup rigs and a drillship, in addition to…
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Asia
Posh gets work for five vessels in the Middle East
Singapore-based offshore marine services provider PACC Offshore Services Holdings (Posh) has announced new long-term charters for five vessels to Middle…
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Europe
Esso terminates Transocean semisubmersible contract
Transocean has received an early termination notice from Esso in Angola for ultra-deepwater semisubmersible . The rig was contracted to…
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Europe
GasLog refinances six vessels, covers requirements through to 2018
GasLog and GasLog Partners have completed the re-financing of six vessels, representing all debt maturities for both entities due in…
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Asia
AusGroup scaffolding business up for sale as three more top execs depart
SGX-listed Australian oil & gas construction, maintenance and fabrication firm AusGroup has appointed Macquarie Capital to undertake a process to…
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Europe
Greig Star completes sale and leaseback of open hatch vessel
Norwegian open hatch and bulk carrier specialist Grieg Star has sold 2013-built open hatch vessel to an undisclosed Japanese company…
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