Italy’s engineering, drilling, and construction services company Saipem has divested its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company, an indirect subsidiary of Saudi Arabia-headquartered ADES Holding Company, which has…
Saipem hands Saudi jack-up fleet to ADES in strategic shallow-water exit Read More »
Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling c…
Thumbs-up for Equinor’s North Sea drilling ops with COSL rig Read More »
Companies see potential for linking elements of value chain, but are cautious on handing over control of some business areas
Equinor data chief predicts ‘big gains’ for LNG trading from AI Read More »
Deal follows collapsed December sale to Greek buyers, with BW Japan fetching well above that price
Great Eastern tightens grip on kamsarmax sector as BW Dry Cargo sheds tonnage Read More »
Investor to sell 9m shares of its 20% holding
Oaktree offers Torm shares worth $318m as it cuts stake to half Read More »