Uncategorized

By Sabrina Valle (Bloomberg) — Brazil’s President-elect Jair Bolsonaro is staring at an oil windfall. After a decade of stagnant production, Brazil’s

IZMIR, Turkey, Oct 19 (Reuters) – A Turkish energy exploration ship will continue to operate in the Mediterranean Sea, the energy minister said on

By John Benny and Shanti S Nair Oct 8 (Reuters) – Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an

by David Wethe (Bloomberg) — Transocean, the world’s biggest offshore oil driller, may reactivate two to three mothballed rigs a year as the

By Nerijus Adomaitis (Reuters) – Drilling rig contractor Maersk Drilling will provide strong competition for its peers when it is spun off from the

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S has decided to list its drilling unit separately, marking its latest step toward a complete

Press Release – Viking Thinking big When your fleet has a large number of vessels, including some of the world’s biggest container ships, and you

Norway-based Offshore Heavy Transport is set to enter the offshore renewables market with a state-of-the-art heavy lift transport and installation vessel that

By Nick Carey, Jonathan Saul and Brenda Goh DETROIT/LONDON/SHANGHAI, July 5 (Reuters) – Automakers are scrambling to ship vehicles to the United

Offshore drilling contractor Seadrill Limited announced Monday it has emerged from chapter 11 after successfully completing its commitments under a plan of

By Mikael Holter (Bloomberg) — Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best

By Mohamed Mokhashef and Mohammed Ghobari ADEN, June 12 (Reuters) – A Saudi-led coalition geared up on Tuesday for a military assault on

The Norwegian Parliament has approved Equinor’s development and operation plan for the giant Johan Castberg field located in the Barents Sea within

  By Mikael Holter (Bloomberg) — A hedge fund run by a former associate of billionaire John Fredriksen has gained 69 percent in two years

Singapore shipbuilder Keppel will build South East Asia’s first liquefied natural gas bunkering vessel with delivery planned for 2020. FueLNG, a joint

The drilling topside for the giant Johan Sverdrup field has left the shipyard in Haugesund, Norway to meet up with the heavy lift ship Pioneering Spirit for

In the first quarter of 2018, Hebron production averaged 8,200 bbls/d and continues to ramp up ahead of schedule. By Kevin Orland (Bloomberg) —

By John Benny – April 30 (Reuters) – Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in a deal creating one of

  by Ben Blanchard (Reuters) China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese

by Teis Jensen (Reuters) – Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private