The Suez Canal Authority is in a race to quickly expand the vital waterway for two-way traffic by August 2015, says an Associate Press report. Workers dig round the clock on Suez Canal expansion,
Rolls-Royce has been awarded a contract worth $30.6m with the American owner Edison Chouest Offshore (ECO).
The contract for ship equipment comprises Azimuth main propulsion,
The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae