Seadrill, the world's biggest offshore driller by market capitalisation, has sold 230 million shares in Malaysia's SapuraKencana, raising $300 million and earning a gain of $165 million on the deal, it said on Wednesday.
Seadrill, which still owns around 490 million shares in SapuraKencana, has agreed not to sell any further shares in the company
The leader of Yemen's Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the group had…
If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace…
Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile…
The U.S. Environmental Protection Agency (EPA) has issued the final air quality permit for Dominion Energy’s 2.6 GW Coastal…
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
As the maritime industry transitions to the updated SIRE 2.0 inspection regime from the familiar SIRE VIQ7 framework, operators are bracing themselves for a period of adjustment.
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