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Sonatrach Eyes More Vessels to Boost Asia Gas Sales

Feb 12, 2018

Algeria will acquire more vessels to transport gas to Asia as it eyes increased sales in that region, the chief executive of state energy firm Sonatrach said on Monday.'With Russia and the U.S., gas competition is tough,' Abdelmoumen Ould Kaddour told reporters during a visit to the Hassi Messaoud oilfield. 'Europe are our traditional clients but we need to secure the Asian markets to sell our gas…

Nauticor Acquires World's Biggest LNG Bunkering Ship

May 03, 2019

AB Klaipedos nafta (KN), the operator of oil products and liquefied natural gas (LNG) terminals, and the German company Nauticor GmbH & Co. have agreed on the sale of KN’s 10% stake in the charter contract of Kairos, the world’s largest LNG bunker supply vessel to Nauticor…

Seacor Marine Acquires Three Cosco PSVs

Jan 17, 2019

The offshore marine support vessels operator Seacor Marine Holdings announced it has entered into definitive agreements to acquire three platform supply vessels (PSVs) from Cosco Shipping Heavy Industry, an affiliate of Cosco Shipping Group…

BW Offshore Recycling FSO Belokamenka

Dec 10, 2018

The provider of floating production services to the oil and gas industry BW Offshore has signed an agreement to dispose of the FSO Belokamenka for recycling in compliance with the Hong Kong Convention.The Oslo-listed company said in a press…

Swissco Sells Vessels to Allianz Middle East

Dec 09, 2018

Singapore’s Swissco Holdings, currently under judicial management, announced that it is disposing of a substantial part of its offshore support vessels division, which is expected to help reduce the group's liabilities.UAE's Allianz Middle East…

Avic Dingheng Shipyard Delivers LNG Vessel to Sirius Shipping

Dec 04, 2018

Swedish shipping company Sirius Shipping Sirius Shipping has taken delivery of its first 7999-dwt LNG-ready oil/chemical tanker Saturnus from the Avic  Dingheng Shipyard  in China.The Backman family- founded company said in a press release that…

Rowan Sells Two Jack-up Rigs to ARO Drilling

Oct 10, 2018

Texas-based offshore drilling contractor Rowan Companies announced that it has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell, to ARO Drilling.The net economic impact of this transaction…

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