
Tower Resources has made ordinary shares placing in an effort to raise £500,000 to provide working capital until the completion of the Thali PSC farm-out.

Dredging Today brings you an overview of the most popular stories from the past week (March 2-8, 2020). Damen Completes TSHD Arco Dijk Maintenance Work The trailing suction hopper dredger (TSHD) Arco Dijk of Hanson Aggregate Marine has completed its maintenance stop-over at Damen Shiprepair Amster

Offshore Energy Today’s most popular news of the past week.

MarineEnergy.biz has compiled the top news from marine energy industry from March 02 – March 08, 2020. https://marineenergy.biz/2020/03/03/wave-power-to-boost-ship-engines/ https://marineenergy.biz/2020/03/02/opt-unveils-hybrid-powerbuoy/ https://marineenergy.biz/2020/03/02/management-changes-at-atl

Subsea World News has put together a recap of the most interesting articles from the previous week (March 02 – March 08). https://subseaworldnews.com/2020/03/03/subsea-7-wins-barossa-surf-scope/ https://subseaworldnews.com/2020/03/03/allseas-transforming-drillship-to-seafloor-mining-vessel/ https://

The worldwide offshore rig count in February 2020 has risen by two units sequentially, but dropped by the same number year-over-year, according to a rig count report by Baker Hughes Company.

The management of Huanghai Glory lost contact with the ship after a pirate attack alert.

Chemical tanker MT Minerva Virgo was boarded by a group of pirates.

Royal Boskalis Westminster N.V. has published both its Annual Report 2019, which includes the new corporate business plan 2020-2022, and their Sustainability Report 2019. The new business plan is also discussed in this online interview with Peter Berdowski, CEO Boskalis. The corporate business plan

OPEC has recommended the extension of oil production cuts until the end of the year and further cuts until June 2020 due to the impact of the coronavirus outbreak on global oil demand.

Poor bulker markets have pushed owners to scrap 20 Capesize bulkers so far this year.

BW Energy (BWE) has produced first oil from the Tortue Phase 2 field development project in the Dussafu Marin Permit offshore Gabon. The Gamba well DTM-5H was brought online ahead of schedule. The second well, DTM-4H, is scheduled to come onstream in the coming week. Phase 2 consists of four product