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Triton in Talks to Buy Bureau Veritas Fuel Testing Unit

Triton in Talks to Buy Bureau Veritas Fuel Testing Unit

Triton Partners is in exclusive negotiations to acquire Bureau Veritas' global fuel testing and inspection business, in a deal built on an enterprise value of 536 million dollars. The proposed sale of the Oil and Petroch…

Tue Jun 30 20264 min
TGS Wins Exclusive 3D Seismic Survey Rights Offshore Brunei

TGS Wins Exclusive 3D Seismic Survey Rights Offshore Brunei

TGS has been awarded exclusive rights by the Petroleum Authority of Brunei Darussalam to undertake a multi-client 3D seismic survey offshore Brunei. Announced from Oslo on 29 June, the award covers new 3D seismic acquisi…

Mon Jun 29 20264 min
Pan Ocean Lifts VLCC Spending Past $1.5Bn With New Order

Pan Ocean Lifts VLCC Spending Past $1.5Bn With New Order

South Korean shipping group Pan Ocean has ordered two additional very large crude carriers built to ammonia-ready specifications, pushing its tanker investment this year beyond 1.5 billion dollars. Disclosed in a stock e…

Mon Jun 29 20264 min
US Bill Revives $1 Billion Annual Clean Shipping Fund

US Bill Revives $1 Billion Annual Clean Shipping Fund

US lawmakers have reintroduced the Next Generation Shipping Act, a bill that would establish a one billion dollar annual programme to accelerate clean shipping technologies and port infrastructure across the country. The…

Mon Jun 29 20266 min
Ocean Installer Wins $200 Million North Sea EPCI Contract

Ocean Installer Wins $200 Million North Sea EPCI Contract

Ocean Installer has secured a major engineering, procurement, construction and installation contract from Vår Energi for the Balder Next New Wells project in the North Sea, in one of the largest awards in the company's h…

Mon Jun 29 20265 min
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