Equinor has partnered with engineering firm Moss Maritime for the development of a new offshore solar power plant off the island of Frøya in Norway’s Trøndelag ..
Sometimes it is not only easier to walk away, but actually better The deepwater drilling industry is in crisis, as you know. In 2020, four major owners of deepwater rigs ..
Public Services and Procurement Canada, on behalf of the country’s Department of National Defence, has awarded a CA$16.5 million (US$13 million) contract to Zodiac ..
Personnel on a Royal Malaysian Navy craft have successfully rescued all seven crewmembers of an offshore supply vessel that sank off the east coast of Sandakan in Sabah ..
Two people are confirmed to have died in an incident on a floating production storage and offloading (FPSO) vessel operated by BW Offshore in Côte d’Ivoire on ..
Charters for offshore vessels are already on the rise this early in 2021, indicating the much anticipated growth of a resilient sector that is steadily overcoming the ..
For the past 18 months, Reach Subsea has been developing new and future-proof, sustainable solutions for subsea services. The project, named Reach Remote, is carried out ..
The Bureau of Industry and Security (BIS) of the US Department of Commerce has added China National Offshore Oil Corporation (CNOOC) to its Entity List. Commerce ..
SHUAA-led consortium successfully buys out AED1.13 billion debt of Dubai-based Stanford Marine Group
Asset management and investment banking platform SHUAA Capital has successfully completed a debt buyout of the AED1.13 billion (US$308 million) facility of UAE-based ..
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