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MPC Container Ships ASA to acquire four 7,000 TEU vessels with three-year charter, advances fleet modernization and secures USD 375m financing
The cable sections have been pulled in to both the project’s offshore and onshore substations where cable connection activities are now underway.

Royal IHC awarded major contract for supply of FPSO equipment for Yinson

Malaysian FPSO provider Yinson has awarded Royal IHC a contract for the supply of a tandem mooring & offloading system and a riser pull-in system.

US fines Petrobras $853m for corrupt payments

Petrobras agreed with US and Brazilian authorities to pay $853.2 million in penalties to resolve the US government’s investigation into violations of the FCPA in connection with Petrobras

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