Seatrium refreshes PXGEO 2 ahead of work in Malaysia

A 2013-built seismic vessel operated by marine geophysical service provider PXGEO has undergone a maintenance […] The post Seatrium refreshes PXGEO 2 ahead of work in Malaysia appeared first on Offshore Energy.

US firm finds work on $8 billion gas development in Africa

Mellitah Oil and Gas, a joint venture between the African country’s National Oil Corporation (NOC) and Italy’s Eni, has handpicked the U.S.-headquartered Hill International, a member of the Global Infrastructure Solutions family of companies, to provide project management services for a multibillion-dollar energy project off the coast of Libya. The post US firm finds work …

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A mixed week for Capesize market

Capesize The Capesize market experienced a mixed and somewhat volatile week, marked by early weakness followed by a midweek rebound and gradually firmer sentiment, particularly in the Atlantic. In the Pacific, despite steady miner activity on C5, freight rates fluctuated, slipping as low as $9.55, rebounding midweek to $10.40 before easing back to $10.00 and …

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