Wreck removals lift 2023 salvage income after historic low
International Salvage Union says the decline of Lloyd’s Open Form contracts is disappointing
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July 2024
Oil Tankers on Fire After Colliding Close to Singapore, Crew Rescued
Two large oil tankers were on fire on Friday after colliding near Singapore, the world’s biggest refuelling port, with two crew members airlifted to hospital and others rescued from life rafts, authorities and one of the tanker operators said.Singapore…
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First production marks new milestone at world’s ‘fastest large-scale LNG project’
New Fortress Energy has celebrated the first LNG production from its floating LNG (FLNG) facility, which is made up of three repurposed jack-up rigs off the coast of Altamira, Mexico.
The post First production marks new milestone at world’s ‘fastest la…
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Hensoldt Reorganizes Into Four Divisions
German defense contractor Hensoldt on Friday announced plans to reorganize into four divisions following in its $728 million acquisition of defense systems integrator ESG Elektroniksystem completed earlier this year.Hensoldt will divide its…
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UK player gets its hands on one of ‘largest remaining oil resources’ offshore Scotland
The NSTA has formally awarded a license containing three blocks situated off the coast of Scotland to Parkmead Group.
The post UK player gets its hands on one of ‘largest remaining oil resources’ offshore Scotland appeared first on Offshore Energy.
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