Multiple driver violations uncovered in Florida truck crash
WASHINGTON — Federal regulators have uncovered multiple violations over the last two years leading up to last week’s truck crash in Florida that killed ...
General News
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C.H. Robinson gets an upgrade at S&P Global, reduced headcount a key reason
C.H. Robinson is back to its long-time debt rating of BBB+ from S&P Global Ratings, after about 15 months at a level one notch below that. The ratings agency on...
Economic hurdles sink Petrobras FPSO tender
Brazilian state-controlled oil company Petrobras has formally revoked the tender process for its planned P-86 FPSO, seen as a key component of the Marlim Sul an...
Completion of Dutch 2GW offshore wind farm pushed back by three years
The Dutch government has pushed back the completion of the 2GW IJmuiden Ver Beta offshore wind farm by three years to 2032.The developer of the project Zeevonk,...
TGS bags streamer contract in the East Mediterranean
Oslo-listed seismic data specialist TGS has been awarded a streamer acquisition contract in the East Mediterranean.Acquisition is scheduled to commence in the t...
Shelf Drilling jackups win work in Asia
Oslo-listed jackup rig player Shelf Drilling has won one short-term contract and one extension for its rigs.The 2007-built Shelf Drilling Enterprise has secured...
Yinson Production buys out $409m FPSO loan from Brava Energia
Singapore-based floater owner and operator Yinson Production has bought out the project loan related to FPSO Atlanta from Brazilian oil and gas player Brava Ene...
EnerMech wins two-year deal at BP Trinidad and Tobago platforms
UK-headquartered oilfield services specialist EnerMech has won a new two-year extension to its contract with BP Trinidad and Tobago, continuing offshore crane o...
Vintage MR2 tanker sales surge
The market for vintage MR2 product tankers has experienced a notable resurgence in activity fover the past two months, driven by declining asset prices. Owners...
Yinson Production inks $600m FSO deal in Vietnam
Singapore-based floater owner and operator Yinson Production has signed a contract for the provision of a newbuild floating storage and offloading (FSO) unit to...
Valaris jackup trio wins $138m in contract extensions
New York-listed offshore driller Valaris has been awarded contract extensions for three of its jackups.The company won a four-year contract extension for the 20...
Feds axe truck speed limiter mandate citing data gaps
WASHINGTON — Proposals that would have limited speeds for large trucks to as low as 60 mph lacked enough safety and economic data to justify moving forwar...