Phoenix’s International (Phoenix) recently assisted the Naval Sea System Command (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) with the successful recovery of an MH-60R helicopter and an F/A-18F Super Hornet fighter aircraft. The two aircraft…
Phoenix Assists US Navy with Aircraft Recovery in the South China Sea Read More »
Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for its Viking Princess platform supply vessel (PSV).The contract has been signed with operators DNO Norge, Sval Energi, which is another DNO subsidiary, and Wellesley…
Eidesvik Offshore Secures Work for Viking Princess PSV Read More »
Mitsui O.S.K. Lines (MOL) has secured an approval in principle (AiP) from ClassNK for the basic design of specialized vessels to joint and bury subsea power cables.MOL is working with Sumitomo Electric Industries, Furukawa Electric and Nippon…
MOL Gets ClassNK Approval for Jointing and Burial Vessels Design Read More »
BP has agreed to sell a 65% stake in its Castrol lubricants business to infrastructure investor Stonepeak at an enterprise value of about $10 billion, as the energy major presses ahead with its divestment program and balance sheet repair.The…
BP Sells Majority Stake in Castrol to Stonepeak for $6B Read More »
Venezuela’s ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who promotes or finances what it describes as piracy or blockades.The law, which includes “other inter…
Venezuela Passes Law Against Piracy, Blockades Amidst US Tanker Seizures Read More »