Oil and Petrochemicals
Eidesvik Offshore Signs New Contract for the Vessel Viking Queen
Eidesvik Offshore has signed a new contract for the platform supply vessel Viking Queen, related to drilling activities...
Oil and Petrochemicals
Oil and Petrochemicals
Valaris Secures $220 Million in New Contracts and Extensions
Valaris has secured a backlog of contracts worth approximately $220 million by securing a series of new contracts and ex...
Oil and Petrochemicals
PACC Offshore Services Holdings Acquires Electric Argus Submarine
PACC Offshore Services Holdings (POSH) has purchased an electric underwater vehicle from Norway and is ready to deploy i...
Oil and Petrochemicals
A $533 Million Shipment for Arabian Drilling Company Dedicated to a Contract for Four Offshore Rigs
Arabian Drilling Company will supply four offshore drilling rigs for drilling operations in Saudi Arabia by signing a $5...
Oil and Petrochemicals
Solstad Offshore Activates Purchase Option for Tanker Normand Maximus
Solstad Offshore has activated the purchase option for the tanker Normand Maximus valued at $125 million. The transfer o...
Oil and Petrochemicals
Volare Shipping Joins the Oslo Market in Norway and Raises $500 Million
Volare Shipping commenced trading in Oslo, Norway, with a valuation of $1.2 billion and raised $500 million on its first...
Oil and Petrochemicals
Global Ship Lease Adds Two New Tankers to Its Orders
Global Ship Lease has added two new tankers to its orders, bringing the total number of orders to 17 tankers. These two...
Oil and Petrochemicals
ADNOC L&S Invests $324 Million in Three New Tankers
ADNOC Logistics & Services has ordered three new tankers with a capacity of 90,000 cubic meters worth $324 million as pa...
Oil and Petrochemicals
Successful Sale of Lila Global Tanker with a $56.5 Million Price Increase
Lila Global has sold a new tanker with a significant price increase of $56.5 million compared to its previous purchase....
Oil and Petrochemicals
Saudi Tankers Return to the Hormuz Channel and Exports Increase
Crude oil exports from the Persian Gulf have reached their highest level since the start of the Iran war. This increase...
Oil and Petrochemicals
Grace Energy sold the Vendavel tanker for $94.5 million
Grace Energy nearly doubled its asset value by selling the Vendavel tanker. This tanker was purchased for $50 million in...
Oil and Petrochemicals
Reach Subsea Extends Lease of Subsea Vessel Deep Cygnus Until 2028
Reach Subsea has extended the lease of the Deep Cygnus vessel for another year to provide subsea services. This contract...