Offshore

Singapore has put the bunker tanker New Ocean 6, operated by Palmstone Tankers & Trdg Pte Ltd, under quarantine and banned it from operating until further notice, Maritime and Port Authority (MPA) of Singapore said. The move is being made...

Scotland became the latest country to embrace the hydrogen sector issuing a policy statement in support of the emerging technology and committing to broad investments. The policy calls for investment in offshore wind and tidal energy in the development...

SEACOR Marine Holdings, a provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, announced that it is selling Windcat Workboats which operates a fleet of 46 crew transfer vessels supporting...

The American energy major, Chevron, has announced it will cut capital spending by 26% next year and make deep cuts through the middle of the decade, as a result of the Covid-19 pandemic’s industry-wide reappraisal of fossil fuel investment. Chevron...

Australia’s Woodside is exercising its right to pre-empt the sale by FAR Senegal to ONGC Videsh Vankorneft of FAR’s interest in the Rufisque, Sangomar and Sangomar Deep (RSSD) joint venture. FAR has a 13.67% interest in the Sangomar exploitation area...

The Minister of Transport, Rotimi Amaechi has threatened to withhold the balance of the contract fees of the Deep Blue Project if all the terms of the project were not met soon. Speaking during an inspection tour of the equipment...

Norway’s Equinor is looking at opportunities in the offshore wind sector in Brazil, the company’s chief executive, Anders Opedal, said this according to Reuters. While Equinor signed an MOU with Petrobras in 2018 to look for offshore wind projects in...

The take off of the Nigerian Maritime Administration and Safety Agency, NIMASA, Deep Blue Project, which aims to tackle insecurity on the nation’s waters, may have been shifted again by the Federal Government. This much was made known by the...

ENL Consortium, the operator of Terminals C and D at the Lagos Port Complex, Apapa, has sought the leave of the Court of Appeal to appeal against a judgement of the National Industrial Court of Nigeria (NICN), filed by...

Dutch offshore service provider, Heerema, has announced the closure of two joint ventures in Angola amid the ongoing recession in the offshore sector. According to the company, the ongoing poor market conditions and sustained low oil price made its Angola...