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Americas
Halliburton awarded seven contracts for Ichthys project
Houston-headquartered Halliburton Company has been awarded seven contracts for drilling and completion services for the next phase of field development…
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Europe
Dutch government backs Groningen shipowners with €250m fund
A heartland for Dutch shipowning is set to be revitalised with a €250m injection of funds into the NesecShipping Debt…
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Europe
Castor Maritime raises funds to buy bulkers
Greek dry bulk owner Castor Maritime has successfully entered into two agreements, a secured term loan financing agreement and a…
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Europe
Performance Shipping offloads another post-panamax boxship
Greek owner Performance Shipping, formerly Diana Containerships, has sealed a deal to sell 2008-built post-panamax containership . The sale price…
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Europe
Vroon PSV awarded more work with Eni
Dutch owner Vroon Offshore Services has been awarded a charter for 2010-built platform support vessel by Eni in the UK.…
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Europe
Oceanteam appoints new CEO as Bosman departs
Dutch offshore service provider Oceanteam has appointed Henk van den IJssel as its new CEO, replacing Leidus Bosman who has…
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Greater China
Shipping urged to prepare for Wuhan coronavirus
As the official numbers of Wuhan coronavirus infections in China rise and the virus starts to spread globally, shipping is…
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Asia
Bumi Armada loses $283m legal battle with Woodside over FPSO termination
Bumi Armada subsidiary Armada Balnaves has had its $283.5m claim against Woodside over a 2016 FPSO contract termination dismissed in…
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Middle East
Iran to go it alone at South Pars
National Iranian Oil Company (NIOC) has put domestic company Petropars solely in charge of the development of phase 11 of…
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Europe
Eidesvik, Equinor and Wärtsilä to convert PSV to run on ammonia
Eidesvik’s 2003-built LNG-fuelled platform supply vessel is going to have a high-power fuel-cell installed to allow the vessel to be…
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Europe
Torm orders LR2 tanker pair at GSI
Danish product tanker giant Torm has returned to China’s Guangzhou Shipyard International to order a pair of scrubber-fitted LR2 newbuildings.…
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Americas
Worley awarded North Platte FEED contract by Total
Australia’s Worley has been awarded the front end engineering design contract for Total’s North Platte field development in the Gulf…
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Europe
Ocean Installer awarded North Sea contract by Dana Petroleum
Norway’s Ocean Installer has been awarded its first contract by Dana Petroleum, for the installation and trenching of a 12”…
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Americas
Chembulk Tankers appoints new CEO
Southport-headquartered chemical tanker owner Chembulk Tankers has appointed Bart Kellehern as its new CEO, replacing David Ellis who has resigned…
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Americas
McDermott files for Chapter 11
Houston-based offshore engineering giant McDermott International has filed for Chapter 11 bankruptcy protection as part of a restructuring transaction that has the…
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Asia
Marubeni and Klaveness combine panamax bulker pools
Japan’s Marubeni and Norway’s Klaveness have set up a jointly owned pool management company, Maruklav Management, to combine the MG…
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Offshore
Caspian Sunrise acquires Caspian Explorer drilling barge rig
Kazakhstan based oil and gas exploration and production company Caspian Sunrise is acquiring drilling barge rig for $25m. Caspian Sunrise…
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Europe
Oceanteam and Bourbon defer repayment on joint venture subsea vessel pair
Oceanteam and Bourbon, the joint owners of CSVs Bourbon Oceanteam 101 and CSV Southern Ocean, have deferred the January instalments…
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Europe
Maersk Drilling awarded two-well jackup extension by Aker BP
Maersk Drilling has been awarded a two-well contract extension, with a further one-well option, from Aker BP for 2015-built jackup…
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Middle East
ADES secures jackup extension from Saudi Aramco
Egyptian offshore driller ADES International has sealed a second contract extension with Saudi Aramco this month, the latest for 1979-built…
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