The global Offshore Industry Group, comprising IADC, IAGC, IMCA, IOGP, and ISOA urges the UK Government to exempt all offshore energy sector workers from the 14-day quarantine restrictions introduced on 8 June.
Pandemic And Overzealous Valuations Bad For Offshore Market – VesselsValue
The last five years have been one of the longest and most challenging downturns the offshore industry has ever experienced. Since the oil price drop of 2014/2015, the Offshore vessel market has been plagued by bankruptcies, consolidations, takeovers and mergers, forced fleet sales and most importantly a significant decrease in asset values. Values VesselsValue has […]
Fincantieri’s Subsidiary, Vard Enters The Renewable Energy Sector
The contract, anticipated on April, 1st and signed by VARD today, reaffirms the diversification strategy envisaged by Fincantieri for its Norwegian subsidiary
HUBER+SUHNER Launches Lightest And Most Compact Cable, Revolutionising Offshore Connectivity
HUBER+SUHNER, a leading manufacturer of components and system solutions for electrical and optical connectivity, has launched its fire-resistant RADOX® OFL cable solution – providing the offshore industry with a safe way to reduce platform weight.
HFW Helps BIMCO Draft Industry’s First Offshore Decommissioning Contract
Global, sector-focused law firm HFW has helped shipping association BIMCO draft an industry standard offshore decommissioning contact.