Americas
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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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Mystery behind Tobago spill partially resolved
The mystery behind last week’s big oil spill off Tobago has been partially resolved. Analysis by Bellingcat, a Netherlands-based investigative…
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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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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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DeepOcean enters Guyana offshore sector with ExxonMobil deal
Norwegian ocean services provider DeepOcean has marked its entry into the Guyana offshore market with a contract from ExxonMobil. The…
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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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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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Valeura Energy buys FSO working on Nong Yao field off Thailand
Canadian operator Valeura Energy has exercised its purchase option to acquire Nong Yao field’s , previously under lease from an…
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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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National emergency in Tobago as mystery ship spews oil
Vessel trackers have been unable to identify the name of a ship which capsized six days ago, creating a national…
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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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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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Venezuelan oil sanctions to return in April
The US has announced the expiration of Venezuela’s oil sanctions exemption in April. Last October, Washington issued a six-month general…
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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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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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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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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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Canadian survey reveals rampant harassment and bullying
The Seafarers’ International Union of Canada (SIU) has published a report on workplace harassment and bullying within the Canadian marine…
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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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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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