Keppel Corp has confirmed that its offshore and marine unit is in talks to sell six jack-up rigs to the rapidly growing Borr Drilling.
John Fredriksen’s Seadrill has reached agreement on extending the period of its restructuring negotiations and on the maturity of two loan agreements, but still expects to file for Chapter 11 bankruptcy protection.
Despite a legal challenge from John Fredriksen’s Frontline DHT Holdings has taken delivery of its first of 11 VLCCs from BW Group.
Exmar is merging its LNG fleet with Flex LNG and John Fredriksen’s Geveran Trading to create Exmar LNG.
John Fredriksen’s Northern Offshore (NOF) has agreed a NOK1.3bn ($165m) takeover offer by Shandong Offshore International Company Limited.
Jo Lunder will take up position as head of the Fredriksen Group in September, managing John Fredriksen's assets and investments.
The merger of Knightsbridge Shipping and Golden Ocean Group has moved another step forward with the approval of its prospectus for a secondary listing on the Oslo Stock Exchange.