October 22, 2019
Singapore’s Temasek Holdings Pte plans to take control of Keppel Corp. for about S$4 billion ($3 billion) and undertake a review of the oil-rig builder’s...
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Offshore
October 18, 2019
Keppel Offshore & Marine Ltd (Keppel O&M) has, through its wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), delivered the state-of-the-art jackup rig, Hermod, to Borr...
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October 8, 2019
Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build...
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October 4, 2019
Subsea 7 announced the award of a sizeable contract by Shell for the Pierce depressurisation project, located approximately 160 miles offshore, east of Aberdeen. (more…)
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October 2, 2019
When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf coast two years ago, it marked the first discovery by...
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September 24, 2019
ABS and Topaz Energy and Marine, a leading offshore energy logistics company, have, together with the State Maritime Agency under the Ministry of Transport, Communications...
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September 17, 2019
Sembcorp marine (Sembmarine) said its wholly owned and operated Brazilian subsidiary, Estaleiro Jurong Aracruz (EJA), has completed its first floating production, storage and offloading (FPSO)...
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September 17, 2019
SEACOR Holdings Inc. announced a major rebranding effort among two of its subsidiaries that will now operate under the Waterman Logistics banner. (more…)
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September 16, 2019
Iraq has signed a memorandum of understanding (MoU) with Dutch company Royal Boskalis over the construction of an offshore installation that will boost its oil...
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September 11, 2019
Bumi Armada Berhad has sold its Armada Perdana FPSO for a price of USD 40 million. (more…)
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September 5, 2019
The rise of a huge new Norwegian oil field is poised to give North Sea output one of its biggest boosts in years. The surge...
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September 3, 2019
Subsea 7 announced the award of a sizeable contract by Total E&P do Brasil for the development of the Lapa North East field located approximately...
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September 3, 2019
Sembcorp Marine has won a raft of new projects valued at S$400 million that leverage the Group’s wide-ranging engineering solutions for offshore gas and wind...
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August 29, 2019
Havila Shipping ASA achieved an operating income before depreciation of NOK 75.5 million in Q2 2019, compared with NOK 43.9 million in Q2 2018. (more…)
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August 22, 2019
A major auction of oil and gas leases in the U.S. Gulf of Mexico on Wednesday received $159.4 million in high bids, government officials said....
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