Industry Sectors:Offshore

Offshore

Oman Shipping Co has inked a Contract of Affreightment (CoA) with Shell International Eastern Trading Company for three years.
Havila Shipping have clinched a three-year contract with Reach Subsea for the vessel Havila Subsea.
COSL Offshore Management, subsidiary of COSL Drilling Europe, has filed a statement of claim to Oslo’s district court against Statoil demanding payment of around $15.24m over an altered drilling contract.
Malaysian FPSO player Yinson Holdings is negotiating to provide a vessel to Repsol unit Talisman Vietnam 07/03 BV (TLV) to supply a vessel for the Ca Rong Do field development…
Singapore’s ASL Marine has received strong support from nearly all its bondholders over extending the maturity of a series of notes by another three years.
China Oilfield Services Limited (COSL) has warned investors of a net loss of RMB11.7bn ($1.7bn) for financial year 2016 due mainly to lower work volumes on the slump in oil…
In more signs of consolidation, yet another Malaysian group bailing out of the oil and gas (O&G) sector is MMC Corp, which is selling out of Petronas endorsed engineering design…
Malaysian conglomerate UMW Holdings, has ended its foray into the oil and gas (O&G) business, exiting through a series of corporate exercises, while creating a bigger group out of three, all…
Malaysia’s TAS Offshore has reversed into the red for the first half of its financial year as revenue plunged amid the weak offshore market.
Ship repair and offshore services provider Rotterdam Offshore Group (ROG) has started to expand its operational capabilities at its facilities in Waalhaven, Rotterdam.
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