The Nigerian authorities are planning for a strict enforcement of the country’s cabotage laws and say they are on the verge of ending waivers.
Liberia, the second’s world largest open registry and fast growing in both shipping and offshore, has created an offshore and gas technology department, renewing the registry’s focus in these sectors.
Consolidation is continuing in the rig owning sector with Ensco merging with Rowan Companies in an all stock deal.
Aker Solutions, a global provider of products, systems and services to the oil and gas industry, has signed a contract with Petrobras to provide a subsea production system and related services…
New York-listed containership owner Seaspan Corp has emerged as an unlikely saviour for struggling Singapore offshore construction vessel company Swiber Holdings.
Stolt-Nielsen, Golar LNG and Höegh LNG are investing $182m in Avenir LNG to develop small-scale LNG distribution and LNG bunkering.
In the latest consolidation in the offshore vessels sector Nordic American Offshore (NAO) is looking to merge with Horizon Maritime Services.
Norway-based oil-services investment company Akastor has announced it has completed the sale of 50% of AKFOS Offshore to form a joint venture with Mitsui and MOL, per the agreement signed…