Tuesday 19 March 2024
 
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offshore

TechnipFMC gets nod for additional $300m shares programme

TechnipFMC, a global leader in subsea, onshore/offshore, and surface projects, has announced that its board of directors has approved an additional $300 million share repurchase program to be implemented through open market purchases. 

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Topaz reports 39pc jump in 9-month revenue

Topaz Energy and Marine, a leading offshore support vessel and marine logistics company, reported consolidated revenue of $243 million for the nine months ended September 30, of 2018, a 39 per cent increase, from the $175 million recorded during

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Topaz reports 39pc jump in 9-month revenue

Topaz Energy and Marine, a leading offshore support vessel and marine logistics company, reported consolidated revenue of $243 million for the nine months ended September 30, of 2018, a 39 per cent increase, from the $175 million recorded during

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Private wealth in Bahrain to hit $54bn by 2022: BCG

Personal wealth in Bahrain is projected to grow at a compound annual growth rate (CAGR) of 4 per cent and expected to reach $54 billion in investible assets by 2022, said a new report by The Boston Consulting Group (BCG), a global management con

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GAC Angola ship agency contract with POSH renewed

Leading offshore marine services provider PACC Offshore Services Holdings (POSH) has reaffirmed its close working relationship with GAC Angola by renewing its ship agency contract for Soyo and Luanda and extending the agreement to include Cabi

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Jumbo names new offshore vessel

Netherlands-based Jumbo, a leading and family owned heavy lift shipping company, has revealed the winner of the competition for naming its new DP2 heavy lift crane vessel (HLCV), which will be delivered in the first quarter of 2020.

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Adnoc signs offshore concession deals with CNPC

The China National Petroleum Corporation (CNPC), the world’s third-largest oil company, has been awarded stakes in two of Abu Dhabi’s offshore concession areas following the signing of agreements with the Abu Dhabi National Oil Com

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Hempel launches new coating for offshore industry

Hempel, a leading coating manufacturer, has launched its high-performance, chemical-resistant, two-component epoxy coating, Hempadur 15600, for the offshore industry. Designed specifically for floating production storage and offlo

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Hempel launches new coating for offshore industry

Hempel, a leading coating manufacturer, has launched its high-performance, chemical-resistant, two-component epoxy coating, Hempadur 15600, for the offshore industry. Designed specifically for floating production storage and offlo

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Maersk Oil eyes Iran offshore project

Maersk Oil, a subsidiary of French energy giant Total, is eyeing cooperation in development of an offshore Iranian oil project in the Arabian Gulf,  a top official was quoted as saying in a media report. "Maersk is likel

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