Oilfield services firm Transocean RIG.Nsaid on Monday it will acquire peer Valaris VAL.N in an all-stock deal valued at $5.8 billion, expanding its exposure across deepwater, harsh-environment and shallow-water basins worldwide.Transocean shares were d…
Transocean to Acquire Valaris for $5.8B Read More »
Belgian oil tanker group CMB.TECH has agreed to sell two very large crude carriers (VLCCs) in a transaction expected to generate a capital gain of about $98.2 million.The vessels sold are 2012-built, 314,000 dwt Ingrid and Ilma VLCCs.The ships…
CMB.TECH to Record $98M Gain from Sale of Two Oil Tankers Read More »
Nexra, Cadeler’s dedicated service concept, has signed a firm contract for the execution of an offshore wind operations and maintenance (O&M) campaign in Taiwan.The contract, with an undisclosed client, has an expected value exceeding $23.6…
Cadeler’s Nexra Lines Up O&M Campaign in Taiwan Read More »
New Zealand has shortlisted contractors to build a liquefied natural gas (LNG) import facility to boost energy security, provide a reliable backup power source and support economic growth, Energy Minister Simon Watts said on Monday.The government…
New Zealand Moves Ahead with LNG Import Facility Plan Read More »
A.P. Moller – Maersk has ordered eight large container vessels from China’s New Times Shipbuilding.All eight ships will have the same characteristics and make up a new series of 18,600 TEU vessels with delivery in 2029 and 2030.The ships will…
Maersk Orders Eight Container Ships from Chinese Shipyard Read More »