Offshore
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Shesh Venkatraman appointed CEO of Miclyn Express Offshore
Singapore: Well-known offshore executive Shesh Venkatraman has been appointed the new chief executive officer of offshore operator Miclyn Express Offshore,…
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Havyard wins ESVAGT crew change vessel design contract
Oslo: Havyard group has announced that its design division, Harvard Design & Solutions, has won a contract from Spanish yard…
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Injured former Shell worker cites inadequate safety practices in 2012 Arctic drilling campaign
San Francisco: A former Shell worker who was on one of its ships the last time the oil giant drilled…
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CEOs of two leading Brazilian firms arrested in Petrobras bribery probe
San Francisco: The prominent CEOs of two major Brazilian firms were arrested by police on Friday as part of the…
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Wintershall offloads Norwegian assets for $602m
Stavanger: Wintershall, a subsidiary of German chemicals giant BASF, is selling its assets in four non-operated fields Knarr (20%), Veslefrikk…
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Hercules Offshore shares plunge 62% on restructuring news
Houston: Drilling contractor Hercules Offshore’s shares plunged 62% on the NASDAQ yesterday after it was announced that the company would…
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Shell conducts well blowout emergency tests
San Francisco: Shell Oil has tested emergency response equipment in case of a well blowout in Arctic waters, federal regulators…
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KrisEnergy sees first oil at Nong Yao field in Gulf of Thailand
Singapore: KrisEnergy has revealed that oil production from the Nong Yao field in the G11/48 licence in the Gulf of…
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Hercules Offshore goes into restructuring process
Houston: NASDAQ-listed drilling contractor Hercules Offshore is going into a restructuring process, entering an agreement with a steering group of senior…
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Deepwater Horizon damages claim offices to close for good
San Francisco: Friday will see the closure of the 10 offices handling settlement claims for Gulf Coast residents who suffered…
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PetroVietnam acquires Chevron assets in Vietnam
Hanoi: Vietnam’s state run oil and gas group PetroVietnam has announced that it has taken over three Chevron subsidiaries in…
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Greatship offloads AHTS
Singapore: Indian shipping company Great Eastern Shipping has announced that its wholly owned subsidiary, Greatship, has sold and delivered anchor…
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Milaha: Diversity counters adversity
Doha: The extremely diverse set-up at Qatari maritime conglomerate Milaha is seeing it get through the oil price drop. The…
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Atlantic Marine Services drops rig charter plot case against Ezion Holdings
Singapore: Dutch offshore firm Atlantic Marine Services has dropped a legal case against Ezion Holdings, the Singapore company announced today.…
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MEO Australia teams up with Malaysian shipyard
Melbourne: MEO Australia and Malaysian based Brooke Dockyard & Engineering Work Corporation have signed an agreement to form a consortium…
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Gas flows from world’s smallest topside
Rijswijk: Wintershall is expanding its natural gas production in the Netherlands: the unmanned mini-platform L6-B has started to produce natural…
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Fredriksen flips drillship to net $204m in cash
Hamilton: John Fredriksen has made some extra cash for his firm Seadrill Limited by selling the West Polaris drillship to…
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Saga Tankers tables mandatory offer for SD Standard Drilling takeover
Oslo: Saga Tankers has made a cash offer to acquire all outstanding shares in SD Standard Drilling, as required by law…
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Daewoo International CEO quits over Myanmar gas sale row
Dalian: Jeon Byeong-eal, ceo of Korean steelmaker POSCO’s trading subsidiary Daewoo International, has resigned from his position following a conflict with…
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DeepOcean wins five-year BG Group deal
Oslo: Subsea specialist DeepOcean has announced that is has been awarded an inspection, maintenance, and repair contract by BG Group.…
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