Northern Offshore Services, a North Sea crewboat operator with offices in Sweden and Denmark, has taken delivery of a Damen Twin Axe FCS 2160.

Malaysia-based offshore vessels builder Nam Cheong has entered into an agreement with Indonesia-based Bahtera Niaga Internasional (BNI) to jointly invest in a shipping firm in Indonesia.

Keppel has secured two contracts for conversions of two Floating Production Storage and Offloading (FPSO) with a combined worth of $190m, for SBM Offshore and M3nergy Offshore.  

Malaysia's Alam Maritim has won a MYR39m ($12m) contract for the provision of underwater services for a local oil and gas company.

UMW Holdings has won a contract worth about $24m to supply a jack up drilling rig to Japan Vietnam Petroleum Company (JVPC).

In the latest move towards the use of LNG as a marine fuel the Antwerp Port Authority has appointed EXMAR to handle LNG bunkering at the port.

Oil prices could spiral to $250 a barrel if the US were to launch attacks on Syria, according to a senior oil strategist in Kuwait.

This week saw more evidence of the impacts of the US “energy renaissance” on both the tanker and the offshore sectors. An order for two more Jones Act tankers was announced; this time, with Seabulk Tankers, wholly owned by Seacor, set to build two...

After years of crippling losses, STX Finland has launched a restructuring programme, which includes 700 job cuts and the paring back of operations at the firm’s Rauma Shipyard.

Mermaid Maritime has clinched a subsea service job worth around $55m from a major Indonesia-based upstream oil and gas operator.