Oil Up as U.S., China hit the Trade War Pause Button
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies "on hold".
DeepOcean Wins Equinor Susbsea Deal
Subsea services provider DeepOcean has been awarded a long-term contract involving subsea life of field services on Equinor-operated fields. The award covers onshore project management…
Awilco Drilling Signs Contract With Shell
Aberdeen-based Awilco Drilling said today that it had tied up a contract with Shell UK for the decommissioning of 18 wells. "Awilco Drilling PLC is pleased to confirm…
Novatek Plans New Arctic Transport Company
Russia's gas production and sales company PAO Novatek has created a transportation unit called Maritime Arctic Transport. "The Board of Directors of PAO Novatek…
PAO Sovcomflot: Tanker Market is Challenging
PAO Sovcomflot (SCF Group) continued to increase the share of its fleet serving long-term energy projects over the first quarter ending 31 March 2018. This helped…
Cress Systems Helps Container Terminals
Cress Systems helps container terminals reduce fuel bills, emissions and power peaks with ProwESS energy storage for rubber-tyred gantry cranes (RTGs). New technology…
Federal Funding for Port of Vancouver
The Vancouver Fraser Port Authority received federal funding for projects that will improve the flow of goods to and from the Port of Vancouver. Through the collaborative…
Colombo Dockyard to Build Two Vessels for Iraq
The leader of Shipbuilding Industry in Sri Lanka Colombo Dockyard PLC (CDPLC) has successfully secured a contract with Toyota Tsusho Corporation (TTC) of Japan to build two vessels…
