Industry Sectors:Offshore

Offshore

Despite recent sanctions by neighbouring countries against Qatar, Shell has signed a new sale and purchase agreement (SPA) for LNG from Qatargas.
Pacific Radiance has bagged contracts for 10 OSVs in Asia and the Middle East worth $43.5m.
Bumi Armada continues to build on its wins in the West Africa market, setting up a joint venture (jv), through its unit Bumi Armada Marine Holdings,  with Shapoorji Pallonji &…
Singapore-listed Kim Heng Offshore & Marine has moved into the OSV sector purchasing three AHTS from bankrupt Swiber Holdings for just $9.6m.
Malaysia's resource-rich eastern states seem to be getting more assertive in taking control of their oil and gas resources, with local media reporting that Sarawak's state government is planning to…
Subsea vessel Southern Star owned by Tasik Subsea has started a six-year bareboat charter adding an extra year to its original contract.
Pacific Radiance has been granted SGD85m ($61.5m) in loans under two Singapore government-backed financing schemes that aim to help offshore and marine companies gain access to working capital amid the…
Malaysian oil and gas services provider Yinson Holdings is consolidating its position in Regulus Offshore, taking up an additional 21% for MYR469,460 ($110,085) and bringing its stake up from 49%…
Shipbrokers Clarksons Platou have opened their fourth largest office worldwide in Dubai.
In more unwelcome news for OSV owners Indonesia's Maritime Coordinating Minister Luhut Binsar Pandjaitan has set his sights on laid up vessels off Batam, local reports said.
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