Dubai: Adyard, a division of Topaz Marine, has completed construction of two 67-metre Anchor Handling Tug Supply vessels (AHTS).
Kuala Lumpur: Malaysia's SapuraKencana Petroleum is forging ahead with its expansion plans, raising MYR1.64bn ($526.2m) via a private placement of 587 million new shares to help finance its acquisition of Norway's Seadrill's tender-rig operations.
Lagos: Marine Platforms Limited (MPL), a young Nigerian company servicing the West African Oil and Gas industry, has ordered a subsea vessel from Havyard.
Oslo: Floatel International is planning to raise approximately $150m through a private placement to fund newbuildings.