CSL Virginia has finally been allowed to set sail.
French energy giant and LNG player Total saw its third-quarter adjusted net profit soar on the back of increasing oil prices and higher production. “Total’s third quarter adjusted net income increased by 48 percent from last year to $4 billion, while oil prices increased 44 percent to $75 per barrel
Offshore vessel operator Wagenborg has christened new walk-to-work vessel at a ceremony held in the port of Den Helder, The Netherlands.
Offshore Energy Exhibition & Conference 2018 brought together 550 exhibitors and over 10,000 unique visitors in halls 1, 2 & 3 of Amsterdam RAI. The conference and side events attracted over 1,000 delegates. The next Offshore Energy Exhibition & Conference takes place on 7, 8 and 9 October 2019. Off
Former executives of now-defunct oil company Afren were found guilty of fraud and money laundering offenses from which they personally received more than $17m and laundered $45m
Russia and Norway have signed an agreement on mutual rights to seismic acquisition in the Barents Sea.
Spanish shipping company Baleària said it will add to its fleetwhat it claims to be the world’s largest and the first liquefied natural gas (LNG)-powered, high-speed catamaran. The new ferry with a length of 125 meters and a beam of 28 meters will be built at the Armon shipyard in Spain, according t
Jan De Nul Group has named its newest offshore installation vessel Taillevent, in the Belgian port of Ostend. Pauline Stassijns, granddaughter of director Dirk De Nul, baptised the vessel during the ceremony. In July 2018, Jan De Nul acquired this offshore installation vessel, at that time MPI Disco
The new gate intended for the world’s largest sea lock headed for the Netherlands.
Jan De Nul has officially named its newest offshore installation vessel, Taillevent, in the Belgian port of Ostend.
Oslo-listed offshore vessel owners Golden Energy Offshore Services has secured a bank loan to buy OCV/IMR vessels Larissa and Despina.
Nautilus criticizes UK government’s plans to charter in ships in case of a no-deal Brexit.
LNG engineer TechnipFMC reported a rise its third-quarter profit despite a decline in the company’s revenues. The company’s net income totaled $136.9 million, or $0.30 per share, a rise of 13.1 percent when compared to last year’s third quarter. Revenue was $3.1 billion, a 24.1 percent decrease year
Golden Energy Offshore Services has secured financing and reached an agreement with Neptune Subsea to acquire its two IMR & light construction vessels Larissa and Despina. The purchase price is USD 39 million per vessel and the seller has agreed to subscribe to USD 8 million of shares in the company
