Lamprell has delivered the ‘Shelf Drilling Krathong’ jack-up drilling rig to Shelf Drilling on schedule and within budget.
A sixth former senior official of Singapore Technologies Marine (ST Marine) has been sentenced to 16 weeks’ jail by a Singapore court on Thursday.
John Fredriksen’s Seadrill is warning investors of losses ahead of likely schemes of arrangement or Chapter 11 restructuring.
Malaysian FPSO vessel player Yinson Holdings has had a major Vietnam contract worth $737m cancelled, as the operating company that it had chartered its vessel to, is being wound up,…
Five bidders have emerged for all or some of the assets of bankrupt Singapore offshore firm Swissco which is under interim judicial management.