Israeli shipping company ZIM Integrated Shipping Services has revealed that during the month of October the firm acquired seven secondhand boxships in a number of separate transactions.
GMS has won a new contract for one of its large-size class vessels and a contract extension for one of its mid-size class vessels.
Mermaid Maritime Limited (MML) has secured multiple contracts in Thailand, Angola and Saudi Arabia with a combined value of approximately $120 million.
Saudi Arabia’s Public Investment Fund has revealed its plans for THE RIG, a tourism project inspired by offshore oil platforms.
Mermaid Subsea Services (Thailand) (MSST) has entered into a memorandum of understanding (MoU) with PT David Marine for the purchase of a 50% ownership share in DP2 construction support vessel Millennium 3.
Another week has gone by not leaving us wanting on energy transition developments, as several updates on renewable energy, clean fuels, decarbonisation, and net-zero strategies made headlines – most notably those from the traditionally fossil fuel-oriented players.
Qatar’s state-owned oil and gas company Qatar Petroleum has changed its name to reflect its energy transition focus.
Israeli shipping company ZIM Integrated Shipping Services has established a new subsidiary, Ship4wd, a digital freight solution that will offer online solution services similar to Airbnb and Uber.
Offshore drilling contractor Valaris has been awarded an extension to its bareboat charter agreement with ARO Drilling for a jack-up rig.
Drydocks World Dubai has begun operations for converting an Aframax tanker to an FSO unit for Perenco’s project located offshore Brazil.
UAE-based Lamprell has secured funding to cover the costs for the continuation of the construction of two IMI jack-up rigs.
PTTEP’s new CEO will work to strengthen the company’s E&P business and prepare for the expansion into renewable energy.
In this In Focus column, we report on initiatives that reduce the ecological footprint of the offshore energy and maritime industry.
PGNiG and Black Cat have signed a Memorandum of Understanding to cooperate on oil and gas production projects in the Gulf region.
