Oil giant Shell has reportedly evacuated workers from some of its facilities in Nigeria following a security threat.
According to Nigerian newspaper Vanguard, the company during the weekend airlifted most of the workers from its Eja OML 79 of...
Offshore driller Noble Corporation will see drilling rig contracts it has with Freeport-McMoRan terminated earlier than planned, however for a fee of half a billion U.S. dollars.
The company on Tuesday said it reached a deal with Freeport-McMoRan...
A2SEA has won a contract to install 174 Siemens 7MW turbines at the 1.2GW Hornsea Project One wind farm off the Yorkshire Coast.
In spring 2019, A2SEA will deploy its offshore installation vessel, Sea Installer, to work on the turbines a...
A major collision over the weekend involving two containerships off Ningbo, China caused severe damage to both ships and fire on board one of them.
No serious injuries to the crews of either vessel were reported.
The collision involved the Maer...
Brazilian oil company Petrobras has signed a term sheet with China Exim Bank (Export-Import Bank of China) containing the main terms and conditions for a US$1 billion loan.
According to Petrobras, the final loan agreement is already being negotiat...
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