UAE-headquartered shipyard Lamprell is set to build the first two jack-up rigs for Saudi mega-yard International Maritime Industries (IMI).
Saudi Arabia’s Vision 2030 is an ambitious programme seeks to completely transform the economy of the country reducing its dependence on oil exports.
UAE-shipyard Lamprell has bagged a $200m windfarm jacket foundation fabrication contract from GeoSea.
Dubai-headquartered Topaz Energy and Marine has inked a charter in renewable energy for its lastest subsea newbuilding.
China Shipbuilding Industry Co. Ltd (CSICL) plans to sell two offshore engineering subsidiaries to its controlling stakeholder China Shipbuilding Industry Group (CSIC) to avoid negative impact caused by depressed offshore…
Rates for OSVs in the US remain underwater but utilisation levels are starting to rise and a “rational” approach to stacking and drydocking by owners could see pricing power start…