Saudi Aramco and Total hasve signed a joint venture agreement to develop a network of fuel and retail services in Saudi Arabia.The 50:50 JV plans to invest around $1 billion over the next six years in the Saudi fuel retail market and start providing…
Saudi Aramco, Total in USD1bln Pact Read More »
The cruise industry in the Baltic Sea does more than provide rest and unique excursions for thousands of cruise guests, it also supports over 12,500 jobs in the region, according to a new study.More people than ever before are cruising in the Baltic Se…
Cruise Industry Provides 12.5K Jobs in Baltic Read More »
London-based offshore drilling contractor Noble Corporation has bought a second newbuild Gusto MSC CJ46 design jack-up rig from the Singapore shipyard PaxOcean Group for $83.75 million. Like the Noble Johnny Whitstine, which the UK offshore…
Noble Buys New Jack-up from PaxOcean Read More »
American multinational energy corporation Chevron signed a new sales and purchase agreement with South Korean oil refiner GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea.As a joint venture between Chevron and GS Ene…
Chevron in LNG Supply Deal with GS Caltex Read More »
Philippine’s Udenna Corporation has broken off negotiations over a potential investment of $73 million in struggling Singapore-based offshore vessel company Emas Offshore.The ailing Singaporean contractor Emas Offshore announced in a regulatory…
Udenna Backs-out from EMAS Rescue Read More »