Offshore

A renewed focus on its core chartering business in the strong Middle East market has helped offshore supply vessel (OSV) player Vallianz Holdings to a strong performance for 2017.
The sheer scale of the new joint venture shipyard complex now under construction in Ras Al Khair on Saudi Arabia’s Gulf coast was revealed to Seatrade Maritime News this week…
Malaysia-based integrated oil and gas services company Daya Materials is expanding into Papua New Guinea with an agreement to explore setting up a joint venture (JV) for the provision of…
Norway-based Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international…
Ezion Holdings seems to be finally seeing the light at the end of the tunnel after securing a $1.5bn refinancing package from six secured lenders as well as additional revolving…
Malaysia Marine and Heavy Engineering (MMHE) has returned to the black in 2017, posting a MYR34.2m ($8.8m) profit compared to a MYR134.3m loss in 2016 as the heavy engineering division…
Offshore services company Mermaid Maritime is boosting its focus on the subsea segment with some key personnel movements.
Acta Marine has inked a contract for a second offshore construction support vessel (CSV) at Ulstein Verft.
Sapura Energy has picked up a bounty of about MYR905m ($231.2m) in new contracts.
The long dark winter amongst Singapore offshore industry players is not over, with at least two companies announcing losses over the weekend.
Page 5 of 294