Oil & Gas

Polarcus in provisional liquidation

Dubai-based seismic vessel specialist Polarcus (OSE: PLCS) is now in provisional liquidation. Following an application by Polarcus to the Grand Court of the Cayman Islands seeking the appointment of “Soft Touch Provisional

Keppel O&M to exit offshore rig building

Singapore’s Keppel Corporation today reported a SGD 506 million (about $381 million) net loss for FY 2020 after taking impairments of SGD 952 million (about US$761 million) mainly due to the offshore