The Royal Boskalis Westminster (Boskalis) heavy transport vessel Blue Marlin and its crew have been safely freed after a hijack on Sunday approximately 80 nm offshore Equatorial Guinea.
Monjasa has acquired the EU-flagged and 8,200-dwt tanker, African Sprinter for continued bunker operation off Namibia in West Africa, which it previously chartered.
Yinson Holdings is optimistic about its floating production, storage and offloading (FPSO) business this year and group ceo Lim Chern Yuan remains positive on the sector as bidding activities have increased after the oil and gas (O&G) industry’s under-investment in the past few years.
Polarcus has won a new seismic contract in Australia and secured an extension to another of its projects in West Africa.
The piracy-prone Gulf of Aden at the Horn of Africa has seen attacks decrease sharply over the last five years, but the positive development has come at a massive cost, according to data cited by Intertanko.
Topaz Energy and Marine has achieved what most operators in the battered offshore sector can only dream of – a first half profit – courtesy of a “rigorous cost containment drive”.
The business climate for the global offshore marine market continues to remain challenging despite the recent moderate rise in oil prices, though activities are seen increasing in the West African market, according to EMAS Offshore.