GC Rieber seeks $29.4m for Schlumberger business
Irene Waage Basili-led Shearwater GeoServices in August announced plan to acquire WesternGeco for undisclosed sum.
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Shipowners Accelerate Investment on Newbuildings and Second Hand Carriers
Investment appetite held firm in the shipping market, over the course of the past week, both in the newbuilding and the secondhand markets. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a week were activity in the newbuil…
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No US Crude oil exports to China for second month in a row
The determined development that saw no US seaborne exports of crude oil to China in August, has continued into September. This is despite crude oil not being a part of the ‘official trade war’. “The trade war between the US and China is now impacting t…
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Aegean Marine Petroleum Network Inc. Files for Chapter 11 to Implement Restructuring Transaction with Mercuria Energy Group Limited
Aegean Marine Petroleum Network Inc. announced that the Company and certain of its subsidiaries (the “debtors”) filed voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code in the Bankruptcy Court for the Southern District of New Yor…
Wintershall Extends PSV Charter
Norwegian shipowner Golden Energy Offshore Services AS (GEOS) said on Tuesday it has secured a contract extension with Wintershall Norge AS for the large platform supply vessel (PSV) Energy Swan.The contract is in direct continuation of a charter contr…
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