Royal Dutch Shell has announced that it plans to commence its planned drilling in the Arctic this year. The news is likely to further affect its reputation with environmental groups.
Keppel Corp is in talks to support KrisEnergy by increasing its stake in the company to nearly 70%, following the company’s proposed financial restructuring.
The US energy major Noble Energy announced progress towards the sanctioning of the giant Leviathan gas field offshore Israel.
Maersk Drilling announced that its latest asset, the Maersk Invincible jack-up rig, is now fully jacked up in Okpo, South Korea.
UMW Offshore Drilling has won a contract for the provision of a high-pressure high-temperature (HPHT) jack-up drilling rig from Hess Exploration and Production Malaysia.
Mekers Offshore Ltd has successfully launched its first liftboat of a series at Dajin Heavy Industries yard in Jiangsu, China.
The shipbuilding industry has been taking a hard hit across Asia, where the world’s top ship and rig builders are based.