In continuation of last week article of 4 kidnaped seafarers from Lithuania and Ukraine we would like to present you an analysis by Dryad Maritime about maritime crime.
The following narrative accompanies Dryad’s maritime crime figures for Q...
Offshore drilling contractor Atwood Oceanics has got a contract extension for one of its drilling rigs, however, at a reduced day rate.
The jack-up rig, Atwood Orca will now stay with Mubadala Petroleum until October 28, 2016. The original contrac...
Norwegian oil and gas giant Statoil has reported a net loss of $330.7 million in the third quarter of 2015, mainly due to net impairment charges and provisions.
Statoil cut down its losses when compared to the same period last year and a net...
Maersk Oil is an international oil and gas company a fully-owned subsidiary of the global conglomerate, the Maersk Group, announced its intention to implement workforce reductions amounting to 10-12% of roles across its business.
The move, part of...
Five people have died and one person is still missing after a whale-watching boat sank of the coast of British Columbia, Canada, on Sunday, October 25, according to the country’s Joint Rescue Coordination Centre.
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