Industry Sectors:Offshore

Offshore

Havila Shipping has clinched a contract extension from Statoil over the charter of two PSVs for a firm three years with plus options.
Fresh from the cancelling of a contract in West Africa,Malaysian oil and gas services firm Bumi Armada received some respite as its Armada Kraken floating production storage and offloading (FPSO)…
Former highway concession holder turned marine logistics player Silk Holdings is keeping its eye firmly on the ball with its new business direction, saying it will be focusing more on…
AET is to order a pair of DP2 shuttle tankers for long term charter to Statoil as the two companies extend their partnership.
Former John Fredriksen righthand man Tor Olav Triom gave his perspectives on the LNG market at Marine Money in New York this week as Golar LNG branches out across the…
Sapura Energy saw profit for the first quarter ended 30 April plunge to MYR27.5m ($6.4m) from MYR110.3m previously as revenue also slid to MYR1.77bn from MYR1.94bn in the previous corresponding…
The struggling oil market continues to take its slow toll on service providers as the faltering fortunes of upstream clients have a knock-on effect on firms like Malaysia's Bumi Armada,…
The three Norwegian OSV owners – Deep Sea Supply, Farstad Shipping and Solstad Offshore – have announced the completion of their merger on Wednesday, rebranding to become Solstad Farstad.
Rolls-Royce and Svitzer announced that they have carried out a demonstration of the world’s first remotely operated commercial vessel in what they term a “genuinely historic moment” for the maritime…
Malaysian offshore vessels builder Nam Cheong has received a writ of summons and statement of claims for a sum of around $10.04m from Overseas-Chinese Bank of Corporation (OCBC).
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