Oil major BP has announced that it will begin to sell very low sulphur fuel oil (VLSFO) with a maximum sulphur content of 0.5% that meets the upcoming IMO 2020 regulation, following successful sea trials in the Amsterdam/Rotterdam/Antwerp (ARA) and Singapore hubs.
Golar LNG’s Gimi MS Corporation has inked a 20-year lease and operate agreement (LOA) with BP for the charter of FLNG Gimi, for which Keppel Corp has agreed to subscribe to a 30% stake.
The final day of Marintec South America 2017 highlighted some of the major developments taking place in Brazil’s maritime industries and the international impact these will have.
UAE-headquartered OSV owner Topaz Energy & Marine reported a $3.3m loss in the first quarter as constant challenges in the Middle East and Africa regions remain.
BP Egypt has signed a pair of one year contract extensions for two time charter contracts with Deep Sea Supply.
BP Singapore’s former eastern regional director for marine fuels, Clarence Chang Peng Hong, is facing charges with pocketing $3.95m in bribes, reports said.
DNV GL has classed the world’s largest semi-submersible drilling rig, Ocean Greatwhite.
BP has extended contracts for 14 OSVs from Topaz Energy and Marine operating in Caspian Sea.