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Offshore & Energy
Scorpio eyes LR2 newbuilds
Eco-ship champion Scorpio Tankers is said to have secured a new $270m credit facility that is likely to be used for Scorpio to order even more fuel-efficient tankers early next month.
Koreans eye offshore edge
With the center of global shipbuilding and marine industry moving on to high value vessels and offshore plants, Korea has been followed immediately by its competitor, China, that there is a need to strengthen its competitiveness for the industry.
World record deepest drilling
ONGC's chartered-hired ultra-deepwater drillship DDKG1 has set a world record for drilling well in deepest water depth by an offshore drilling rig.
Bumi wins FPSO deal
Malaysia-based international offshore oil and gas services provider, Bumi Armada Berhad announced that its jointly controlled entity, SP Armada Oil Exploration Private Limited ("SP Armada") has received a Notification of Award ("NOA") from Oil and Natural Gas Corporation Limited ("ONGC") for charter...
