IUMI: Marine insurance premiums hit $35.8 billion in 2022
Marine insurance premiums across all categories rose to $35.8 billion in 2022 — and the general trend is upwards. Those were two of the facts that emerged today when the International Union
offshore energy
Zinke inks orders implementing Trump offshore plan
MAY 3, 2017 —Secretary of the Department of the Interior Ryan Zinke yesterday used the floor of the OTC event to sign two secretarial orders aimed at unleashing America’s offshore energy potential
Transocean to sell off shallow water rigs
SEPTEMBER 10, 2012—Increasing its focus on deepwater, giant offshore drilling contractor Transocean Ltd. has inked a definitive agreements to sell 38 shallow water drilling rigs to a newly formed company Shelf Drilling
Atlantic Towing purchases new AHTS vessel
JULY 13, 2012—Atlantic Towing, Limited (ATL), St. John’s, New Brunswick, recently purchased a new 16,300 bhp Anchor Handling Tug Supply (AHTS) vessel from Singapore’s Jaya Holdings Limited. The as-yet-to-be-named vessel is a
Petrobras reports on monthly oil & gas output
For the month of March, Brazil’s Petrobras combined oil and natural gas output in March for both in Brazil and abroad reached an average 2,599,969 barrels of oil equivalent per day (boed).