Business & Finance

Premier Oil hires Valaris drillship for well off Brazil
Oil and gas company Premier Oil has hired a Valaris-owned drillship for operations on Block 717 located offshore Brazil.

Carnival Corporation to Debut 4 New Cruise Ships in 2020
Carnival Corporation & plc will launch four new cruise ships in 2020 across four of its cruise line brands.

Petrofac lands new North Sea deal worth $50 million
Petrofac has been selected by Petrogas NEO UK to establish its new North Sea operation following its recently announced asset acquisition.

OGA Makes New Team Appointments
The UK Oil and Gas Authority (OGA) has expanded its leadership team with three recent appointments. Scott Robertson has been promoted to director of operations, and replaces Gunther Newcombe who will be retiring in March 2020. Robertson will be responsible for the OGA’s Exploration, Production, Deco

Bourbon COO Switches Roles
Bourbon chief operating officer Gaël Bodénès resigned after the restructuring of the French company, and has now taken on a new role as chairman of Bourbon Maritime. Bourbon Maritime (Bourbon Offshore) will continue to conduct business as usual under a continuation plan, to include the company’s “BO

Awilco LNG Completes Ship Duo Sale and Leaseback
Awilco LNG closed the 10-year sale/leaseback facility with CCB Financial Leasing for two LNG carriers.

Mammoet Completes ALE Buy
Dutch heavy lift and transportation company Mammoet has completed the acquisition of the UK-based ALE. The businesses will now operate as one company under the Mammoet brand across over 140 offices and branches worldwide. Over the coming months, a fully developed integration plan will be rolled out

Solstad gets contract extensions for platform supplier duo
A subsidiary of UK oil company Fairfield Energy, Fairfield Betula Limited, has awarded extensions to two Solstad Offshore’s two platform supply vessels.

Zeebrugge LNG Terminal Starts Transshipments Under Yamal Contract
Belgium’s Zeebrugge LNG terminal has commenced transshipments under a long-term contract with Yamal Trade.

Keel Laid for New IHC Easydredge for Peruvian Cohidro
A keel laying ceremony for a new IHC Easydredge 700 took place last week at the Rio Maguari Shipyard in Belem, Para, Brazil. According to Royal IHC, IMA will be the name of the dredger that the Dutch company set to deliver to the Peruvian Cohidro and means ‘friend’ in a local dialect of the [&hellip

New chief financial officer named at Cluff Natural Resources
UK-based company Cluff Natural Resources (CLNR) has appointed a new chief financial officer (CFO) of the company.

Bourbon COO changes roles
COO of French vessel owner Bourbon Corporation has resigned from his role following the sale of the company’s assets to a group of creditor banks and transferred to the chairman role at Bourbon Maritime.

Signal Maritime, Heidmar Partner Up on Tanker Management
Signal Maritime Services and Heidmar have entered into a partnership for the commercial management of a tanker fleet.

Baleària Launches MTTS LNG Bunkering in Valencia Port
Baleària has established a natural gas supply in the port of Valencia using a multi truck to ship bunkering system.