European financial markets are under strain as the U.S.-Israeli war on Iran revives concerns about an energy supply shock exacerbating inflation.ING says the euro zone is the most exposed major economy to the conflict, making the region, which has bene…
Europe Under Pressure as Gas Prices Climb Over 50% on Israel-US and Iran War Read More »
Malaysia’s Velesto Energy, owner of premium jack-up rigs, has landed a multi-year drilling assignment for one of its rigs with Petronas Carigali, a subsidiary of the Asian country’s energy giant Petronas.
The post Five-year Asian drilling gig comes Vel…
Five-year Asian drilling gig comes Velesto rig’s way Read More »
Brent rose more than $3 on Tuesday for a third day of gains as the widening U.S.-Israeli conflict with Iran and threats to shipping via the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region.Brent crude fu…
Oil Price Soars as US-Israel War with Iran Raises Supply Fears Read More »
Few if any fixtures confirmed since Middle East war broke out
Tankers will be fixed ‘regardless of cost’ as theoretical VLCC rates break records Read More »
Greece’s Asso.subsea has signed the shipbuilding contract with China Merchants Heavy Industry (CMHI) for […]
The post Asso.subsea orders second next-gen trenching support vessel from China Merchants appeared first on Offshore Energy.
Asso.subsea orders second next-gen trenching support vessel from China Merchants Read More »