Austal inform that its USA’s order backlog has grown by approximately US$684-million dollars as a result of two additional Littoral Combat Ship (LCS) contract options
Representatives from 11 countries and territories from North America, the Caribbean and Europe have committed support for the conservation of the Sargasso Sea eco-system
Norway headquartered Solstad Offshore ASA (SOFF) inform it has signed a Letter of Intent (LOI) with a major international offshore contracting company to construct
Viking Offshore & Marine Limited has announced it would participate in the ownership of a second cantilever drilling jack-up rig, further strengthening its partnership with Singapore rig veteran,
A charter agreement between expanding subsea contractor DeepOcean and Maersk Supply Service has triggered an order for a Damen Offshore Carrier DOC 8500 - the second
U.S. crude stocks likely rose 2.2 mln barrels last week.
By Manash Goswami
Brent futures were steady on Tuesday and held above $108 a barrel as a worsening