Offshore contractors prepare for upturn

Firmer oil prices and improving sentiment have been catalysts for several key strategic moves in recent days, as offshore contractors align themselves to make the most of the imminent upturn.

Read More

Foresight winter BBQ draws appreciative crowd

Foresight Group chairman Dr Ravi Mehrotra’s annual Winter BBQ proved more popular than ever, attracting 550 shipping folk to the marquee erected in the back garden of his home in leafy southwest London.

Read More

Adversities and opportunities in the offshore workboat market

The daily grind of fighting for survival in a seriously oversupplied offshore workboat market was clearly evident amongst operators and service providers exhibiting on the floor of Seatrade Offshore Marine & Workboat Middle East, held in Abu Dhabi this week. But for those lucky enough to spend some time in the conference and seminar sessions, there was plenty of positive sentiment.

Read More

Sapura Energy still struggling with lower output, idle rigs

Sapura Energy, continued to struggle with revenue for its FY18 second quarter ending July 31 slightly lower at MYR1.66bn ($393.1m) from MYR1.68bn in the previous corresponding quarter due to the lower contributions from its Drilling and Exploration and Production (E&P) business segments.

Read More

Sign up to get the latest Maritime News headlines emailed directly to your inbox