Oil Companies International Marine Forum (OCIMF) has been ordered by the High Court in London to reinstate the accreditation of one of its senior surveyors, and pay damages amounting to GBP126,841 ($153,985).
Seadrill Limited and Gulf Drilling International (GDI) have entered into a joint venture to form GulfDrill that will initially manage and operate five jackups for Qatar Petroleum in Qatar.
Oil major Shell is making moves to support the global development of maritime energy storage solutions as it invests in Corvus Energy via Shell Ventures.
France’s Bourbon Corporation has requested for reorganisation proceedings to the Commercial Court of Marseilles following a demand for payment made by Chinese firm ICBC Leasing.The Chinese financial institution has demanded from Bourbon...
The offshore and workboat sectors in the Middle East stand to benefit from $211bn in ongoing oil, gas and petrochemical projects.