Industry Sectors:Offshore

Offshore

Singapore's ST Technologies is buying an offshore repair and fabrication yard in the US Gulf for $25m.
John Fredriksen’s Seadrill expects to file for Chapter 11 bankruptcy protection by 12 September to implement a restructuring plan.
If you were to choose a core business based on performance over the last decade container shipping would be unlikely to top the list.
UMW Oil & Gas (UMW-OG) is slowly getting some reprieve, winning a MYR113m ($26.4m) rig contract with from Repsol.
Shell’s massive FLNG facility Prelude has officially entered into Lloyd's Register (LR) class. 
Financially-troubled Malaysian offshore vessel builder and owner Nam Cheong has is set to fail to redeem and pay coupons on two bond issues in the coming days.
Van Oord has been awarded the Balance of Plant contract to build the Northland Power Deutsche Bucht offshore wind farm, the Rotterdam-based company said in a statement.
Total is buying Maersk Oil in an equity and debt deal valued at $7.45bn as AP Moller – Maersk executes its strategy to focus on container transport and logistics.
Sarawak-based shipyard, Brooke Dockyard and Engineering Works Corporation, has been awarded Petronas contracts worth MYR480m ($112m) for construction work for two offshore Sarawak projects, local media reported.
Fleet utilisation for Topaz Energy & Marine was 62% in the first six months of 2017, however, levels were much higher for its key Azerbaijan operations.
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