CEO tells analysts not to be surprised if CMB.Tech disposes of more veteran vessels
‘We’re rather sellers than buyers’: Saverys says price is right to cash in older VLCCs Read More »
ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has put the finishing bow on the merger with the UAE-based Shelf Drilling, augmenting its offshore drilling fleet with 33 more jac…
33 jack-up rigs change hands as ADES and Shelf Drilling tie the final merger knot Read More »
Axess Technologies, a subsidiary of Norway-headquartered asset integrity management company Axess Group, has won a new riser replacement assignment in the Norwegian sector of the North Sea with Equinor, a compatriot state-owned energy giant.
The post E…
Equinor books Axess for North Sea riser replacement work Read More »
ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has secured a multimillion-dollar natural gas supply agreement with EMSTEEL, an integrated steel and building materials manufacturer, to power the United Arab Emirates’ indust…
$4 billion deal in hand as ADNOC scores 20-year gas supply assignment Read More »
Indicator shows the overall strength of dry cargo markets
Baltic Dry Index nears two-year high as capesize spot market takes off Read More »