Statoil has reportedly withdrawn its cancellation of a one-year lease for the drilling vessel West Navion, owned 50-50 by Statoil's unit Navion and offshore firm Smedvig
Related News
13 Nov 2026
Seaway7 Starts Cable Installation at Ørsted’s Hornsea 3 Wind Farm
Seaway7 has installed the first inter-array cable at Ørsted's 2.9 GW Hornsea 3 offshore wind farm in the UK North Sea, marking…
13 Nov 2026
Oil Heads for Weekly Decline Despite Middle East Supply Threats
Oil prices edged up on Friday but were headed for a second weekly decline as the continued US focus on its blockade and economic…
12 Nov 2026
White House to Extend Jones Act Shipping Waiver
President Donald Trump's administration is set to extend a waiver to a US law in coming days allowing some foreign-flagged…
12 Nov 2026
Four Oil Tankers Struck by Hormuz Explosions
Four oil tankers were hit by explosions in the Strait of Hormuz, Iran's military said on Thursday, adding that the vessels…
Sponsored Content
Lighter Weight, Higher Performance: Advancing Marine Insulation with Isover
Advanced mineral wool technology improves fire safety, thermal performance, and acoustic control—while reducing weight and installation cost.
Corrosion-Free Motion for Yacht Lift Systems
Maintenance-free lift and crane systems built with igus® energy chains and guides