According to an August 4 report from Bloomberg, StatoilHydro ASA, the world’s largest offshore oil and gas operator, said profit was almost wiped out in the second quarter as the global recession sapped fuel demand, denting prices for crude and natural gas. Net income fell to $12.8m the Stavanger, Norway-based company said.
(Bloomberg)
Norwegian offshore vessel owner DOF Group has secured a contract extension for its construction support vessel (CSV) Skandi…
A Japanese consortium led by shipping giant NYK Line has developed a new port-based floating data center concept designed…
A Ukrainian ex-military officer goes on trial in Germany on Wednesday, accused of organising the secret operation that blew…
Marlink has completed the ‘world's first’ upgrade of an existing Intellian C700 Iridium Certus terminal to a fully commissioned…
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