Subsea 7 said Friday it has been awarded a contract from Nexen as part of the Buzzard Phase 2 Project, located approximately 55 kilometers off the northeast coast of Scotland. Subsea 7 said the contract is “sizeable”, between $50 million and…
Subsea 7 Bags Nexen Contract Offshore UK Read More »
China’s Unipec, the trading arm of state oil major Sinopec, has suspended crude oil imports from the United States due to a growing trade spat between Washington and Beijing, three sources familiar with the situation said on Friday.The sources…
Unipec Suspends US Oil Imports as Trade Spat Intensifies Read More »
A deadline for bids on output from a planned offshore liquefied natural gas (LNG) terminal to be built on Croatia’s northern Adriatic island of Krk has been extended until Sept. 28, developers LNG Croatia said on Friday.Demand will dictate the capacity…
Croatia Extends LNG Terminal Gas Bidding Deadline Read More »
Vessels’ repair needs do not always match with planned maintenance schedules. With specialist underwater teams, no vessel is far from fast, high-quality repair and refurbishment that enable operators to avoid the potential loss of income related…
Divers Enable Operators to Avoid Unscheduled Dry-Dockings Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, boosted by stronger demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping …
Baltic Index Rises on Firmer Capesize Rates Read More »