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Latest From Offshore
New company says it is eyeing a $1bn investment in offshore wind vessels in the next five years
Marco Polo Marine says it has received keen interest from offshore wind turbine makers and offshore wind farm developers amid a global shortage of commissioning service operation vessels. The company is optimistic about meeting the rising demand for this vessel type
The company claims to be the first pure play offshore wind operator, serving the fast-growing offshore wind farm industry in Asia
The owner and operator of floating production, storage and offloading vessels, expects continued focus on large field development initiatives with low break-even costs and low-carbon emissions
An expansion of its business to include offshore and renewables may present significant investment opportunities for the future growth and sustainability of the business, FSL Trust said
Altera, which has missed payment on a $250m bond and has extended certain loan payments, has entered a restructuring support agreement with 71% of its funded debt obligations
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