Industry Sectors:Offshore

Offshore

Embattled Ezra Holdings announced that it is facing a claim of approximately $3.3m from VT Halter Marine, Inc (VTH) in relation to a breach of loan agreement by EMAS Chiyoda…
Cosco Shipping Heavy Industry (CSHI) plans to close three of its five offshore shipyards.
Embattled Ezra Holdings operating unit EMAS Offshore has been suspended from trading on both the Singapore Exchange and Oslo Bors.
SapuraKencana Petroleum (SapKencana) has picked up a raft of smallish jobs worth a total of $97.4m, the Malaysian oil and gas services provider said in a press release.
Singapore-listed Ezra Holdings has revealed that it has an exposure of approximately $900m as a guarantor to its jointly-owned EMAS Chiyoda Subsea (ECS), which has filed for bankruptcy protection under…
The Middle East is the only region to buck the downward trend in offshore supply vessels (OSV) over the last two years, according to IHS Markit analysis.
Troubled Malaysian offshore support services and storage company Petrol One Resources looks like it is set to benefit from Chinese company Dalian Jinzhou Heavy Machinery Co's project that essentially resurrects…
No-one predicted the scale and depth collapse in the oil price and the impact it then had on offshore marine, so it is also likely that few, if any, will…
Cosco (Qidong) Offshore has won a contract to build one offshore heavy lift vessel with crane capacity of 3,000 tonnes for an European buyer.
Havila Shipping is winding-up up a joint venture with PACC Offshore Services Holdings (Posh) and selling its fleet.