Mermaid Maritime has entered into a facility agreement loan with SinoPac Capital International (HK) Limited to borrow up to $10 million.
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Arabian Drilling has provided an update on the upgrades to its new offshore rigs, which have been hired for drilling ops by Aramco.
The post WATCH: All about upgrade works for three new jack-up rigs in drilling player’s fleet appeared first on Offshore…
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Seatrium has secured early refinancing of S$400 million (more than $303.13 million) from DBS Bank Limited with an option to convert to a sustainability-linked loan.
The post After delivering converted FPSO to MODEC, Seatrium gets its hands on refinanci…
The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.
The post Electrification: Key to unlocking untapped oil &…
Electrification: Key to unlocking untapped oil & gas reserves and augmenting production Read More »
Subsea interconnectors open new opportunities for sharing the access and use of renewable energy between countries while upping the decarbonization ante and strengthening the security of electricity supply.
The post Subsea interconnectors as protagonis…
Subsea interconnectors as protagonists of offshore renewable grid story Read More »