Industry Sectors:Offshore

Offshore

Signalling its shift in focus to maritime, Silk Holdings said it plans to use over half of the proceeds from the divestment of its highway concession holding unit Sistem Lingkaran-Lebuhraya…
Alam Maritim Resources has won a MYR99m ($22.3m) two-year subsea inspection, maintenance and repair (IMR) services contract.
Paris-based testing, inspection and certification body Bureau Veritas has acquired Aberdeen-based Maritime Assurance & Consulting (MAC), in order to boost its local presence and scope of service provision in the…
China Oilfield Services Limited (COSL) has reported a loss of RMB11.46bn ($1.66bn) in 2016 due mainly to huge impairments of approximately RMB7bn on the back of the weak offshore oilfield…
Triyards Holdings has revealed that it has an exposure of approximately $38.2m to financial institutions following the filing of Chapter 11 bankruptcy by its holding company Ezra Holdings.
New kid on the block in the rig space Borr Drilling is buying Transocean’s entire fleet of 15 jack-up rigs including, five newbuildings under construction at Keppel FELs, for $1.35bn.
There is a change at the helm of Keppel Offshore and Marine (Keppel O&M) as Keppel FELs md Chris Ong is brought as acting ceo to replace Chow Yew Yuen,…
UMW Oil & Gas (UMW-OG) has finally declared the value of two recent small contracts awarded to its UMW Offshore Drilling unit earlier this month.
The auditors of Malaysian OSV builder Nam Cheong has cast doubt on the company’s ability continue as a going concern in view of its unstable finances, poor earnings and upcoming…
Embattled Ezra Holdings has filed for Chapter 11 bankruptcy in the US on Saturday, together with its two wholly-owned EMAS IT Solutions and Ezra Marine Services, in the hope of…
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