Japan’s largest power company group Tokyo Electric Power Company (Tepco) announced that the company’s first commercial offshore wind power facility will launch on January 1, 2019.According to a press release from the utility giant, since 2013…
Tepco Launches First Commercial Offshore Wind Farm Read More »
The 173,400 cu m carrier is scheduled for delivery in the first half of 2021
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Moody’s Investors Service has downgraded ratings for AP Moller-Maersk after a review of the Denmark-based shipping and oil company. Moody’s expressed concerns about lower economic growth and the US-China trade war.”The downgrade reflects our…
Moody’s Downgrades Maersk Read More »
UK-based Tower Resources has announced it has contracted US offshore driller Vantage Drilling International to provide drilling operations at the NJOM-3 well offshore Cameroon. The well is located in Tower’s 100%-owned Thali licence.The Topaz Driller i…
Tower Resources Hires Vantage Drilling for Cameroon Well Read More »
Singapore’s Swissco Holdings, currently under judicial management, announced that it is disposing of a substantial part of its offshore support vessels division, which is expected to help reduce the group’s liabilities.UAE’s Allianz Middle East…
Swissco Sells Vessels to Allianz Middle East Read More »