Offshore

The return to a relatively strong FPSO market is expected to continue in 2019 according to Energy Market Associates (EMA).
The small-scale LNG market is seen as growing market with a lot of potential but also currently stuck in a somewhat chicken and egg scenario.
MISC has inked five-year time charters with LNG Shipping for two LNG carriers it has acquired from the Eni subsidiary.
Lamprell and Royal Boskalis Westminster consortium have been selected under Saudi Aramco's Long Term Agreement (LTA) facilities programme.
World’s largest FPSO provider SBM Offshore executed its second FPSO hull contract at Shanghai Waigaoqiao Shipbuilding (SWS) as part of its Fast4ward FPSO programme.
Singapore’s Keppel FELS has entered into a settlement agreement with an unnamed global oil and gas services firm to terminate a contract valued at approximately SGD165m ($120.2m).
Damen Shipyards Group has handed over four new Fast Crew Suppliers (FCS) 2610 to Allianz Middle East Ship Management.
An overall positive macroeconomic outlook and increased regional infrastructure spending have suggested an improving business environment for the ailing offshore industry, though a rosy outlook is far from certain, according…
KOTUG and Petroconsult have formed a joint venture which will provide operational and towage services for Arab Petroleum Pipelines Co SUMED.
Offshore access solutions provider Ampelmann has set-up its second office in the Middle East in Dubai.
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