Offshore

China Huarong Energy Company Limited, formerly known as Rongsheng Heavy Industries, announced that the company had completed the disposal of shipbuilding and engineering businesses.
Asia Offshore Drilling (AOD), owned by Seadrill Limited and Mermaid Maritime Public Company, has secured a three-year contract extension for jack-up drilling rig AOD I from a Middle East-based client…
His Excellency (H.E.) Dr Nabel Bin Mohammed Al Amudi, Minister of Transport of the Kingdom of Saudi Arabia (KSA), today, inaugurated the second Saudi Maritime Congress with a Keynote Ministerial…
BW Offshore has sealed an agreement to acquire 70% of Brazil’s Maromba offshore field for a price of $90m from Petrobras.
Singapore’s Keppel Corporation has clinched a $425m order from Norway’s Awilco Drilling to construct a mid-water semi-submersible harsh environment drilling rig.
Chinese state-owned Shanghai Waigaoqiao Shipbuilding (SWS) has officially launched its offshore engineering arm, Waigaoqiao Qingdong Offshore Engineering Company, located at Qidong ship industrial park, Jiangsu. 
In Profile: POSH are a Gold Sponsor of the Saudi Maritime Congress and will be in attendance at the event in Riyadh on 11-12 March.  Ahead of the show, they…
ExxonMobil announced 28 February it has found a large new natural gas field in waters off Cyprus.
As the offshore market starts to turn the corner some 33 FPSO projects are expected to be sanctioned over the next three years according to analysts Rystad Energy.
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…
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