Brazilian company GranInvestimentos and Dutch company Royal IHC are joining forces to deliver innovative and integrated life cycle solutions to customers in the oil and gas sector.
SBM Offshore says it seeing gradual recovery in the offshore services market as cost deflation improves the breakeven for deepwater projects.
The influence of US oil output, thought by energy analysts to be loosening the influence of other oil producers, continues to be felt.
Classification society DNV GL has carried out its first offshore drone survey of a Prosafe semisubmersible tender support vessel (TSV).
Embattled Sinopacific Shipbuilding Group’s Zhejiang Shipyard is planning to let go close to 50% of its current 560 workforce amid the yard’s bankruptcy reorganisation and dwindling workload.