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Oil futures fell on Tuesday as attention turned to Middle East peace talks, though prices remain near multi-month highs as the Houthi-Saudi Arabia conflict rages and the potential for fresh US-Israeli attacks hangs over the market.Brent crude futures were down $1.00…
https://www.marinelink.com/news/oil-prices-fall-amidst-middle-east-peace-543941
https://www.marinelink.com/news/oil-prices-fall-amidst-middle-east-peace-543941Turkey may reach agreements to make acquisitions or further explore for hydrocarbons by the end of the year as part of its target to produce 1 million barrels of oil and natural gas a day, Energy Minister Alparslan Bayraktar said on Tuesday.Speaking at the Turkey Energy Summit in Istanbul…
https://www.marinelink.com/news/trkiye-pushes-further-hydrocarbon-543942
https://www.marinelink.com/news/trkiye-pushes-further-hydrocarbon-543942Yemen's Iran-aligned Houthis said on Tuesday they had hit Saudi Arabia's Ras Tanura oil refinery, the biggest in the kingdom, with a ballistic missile.The Houthis also said they had attacked Saudi military aircraft and repelled an advance by Saudi-backed forces near the Bab el-Mandeb Strait…
https://www.marinelink.com/news/houthi-missile-strikes-saudi-oil-refinery-543943
https://www.marinelink.com/news/houthi-missile-strikes-saudi-oil-refinery-543943ESAB has introduced the Rogue ET 230iP AC/DC TIG/Stick welder. The Rogue combines AC/DC TIG welding capabilities with controls that make it easier for welders of all skill levels to optimize arc performance and weld quality. Featuring ESAB’s 5-in.
https://www.marinelink.com/news/esab-launches-rogue-et-ip-acdc-welder-543945
https://www.marinelink.com/news/esab-launches-rogue-et-ip-acdc-welder-543945The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, declined for a third session on Tuesday, falling roughly 1% to its lowest since October 20 at 2,603 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, was also down for a third day, ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1-week-low/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-1-week-low/Oman’s Asyad Group has priced an institutional share sale in its listed shipping subsidiary at OMR50.8m ($132m), reducing its ownership as part of a move to broaden the company’s shareholder base. Muscat-listed Asyad Shipping said the institutional bookbuilding process closed heavily oversubscribed. The transaction covers 5% of Asyad Shipping’s issued share capital. Upon completion, the …
https://splash247.com/asyad-group-prices-132m-shipping-stake-sale/
https://splash247.com/asyad-group-prices-132m-shipping-stake-sale/Italian energy major Eni has signed the main engineering, procurement, construction, and drilling contracts for the Cronos gas development offshore Cyprus, with a string of major offshore contractors securing work on the project. The contracts, valued by local media at around $1.8bn, mark the start of the development’s execution phase in Block 6, following a …
https://splash247.com/eni-locks-in-offshore-contractors-for-cyprus-gas-project/
https://splash247.com/eni-locks-in-offshore-contractors-for-cyprus-gas-project/US offshore services giant Chouest Group has acquired Canadian marine and offshore services provider Horizon Maritime, expanding its presence across Canada’s east and west coasts and into the Arctic. The Louisiana-based group has partnered with Horizon Maritime’s founders to acquire the St. John’s-headquartered company from CFFI and its lender HPS. The transaction’s financial details were …
https://splash247.com/chouest-group-acquires-canadas-horizon-maritime/
https://splash247.com/chouest-group-acquires-canadas-horizon-maritime/Dutch survey specialist Fugro has secured a contract from German transmission system operator 50Hertz to survey and clear unexploded ordnance along the routes of two offshore wind grid connections in the North Sea. The contract covers the LanWin3 and LanWin6 high-voltage direct current links, each designed to transmit up to 2GW of offshore wind power …
https://splash247.com/fugro-to-hunt-for-unexploded-munitions-along-north-sea-cable-routes/
https://splash247.com/fugro-to-hunt-for-unexploded-munitions-along-north-sea-cable-routes/Singapore’s Seatrium and Turkey’s Karpowership are seeking to form a joint venture to develop floating power and digital infrastructure solutions in Singapore, with plans to expand into the wider Southeast Asian market. Potential projects include powerships, floating data centres, turbine-based and hybrid vessels, and even floating nuclear power solutions. The partners aim to establish an …
https://splash247.com/seatrium-and-karpowership-eye-southeast-asia-floating-infrastructure-push/
https://splash247.com/seatrium-and-karpowership-eye-southeast-asia-floating-infrastructure-push/