Skip to content

Pacific Basin closes its 2nd sustainability-linked loan

Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has closed a new $250 million sustainability-linked 7-year senior secured committed revolving credit facility for general corporate purposes. The post Pacific Basin closes its 2nd sustainability-linked loan appeared first on Offshore Energy.

DP World to breathe new life into Syria’s Port of Tartus

The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus. The post DP World to breathe new life into Syria’s Port of Tartus appeared first on Offshore Energy.

Perenco takes over Trinidadian assets from Woodside

Anglo-French oil and gas player Perenco has finalized the acquisition of assets off the coast of Trinidad and Tobago formerly owned by Australia’s energy giant Woodside Energy. The post Perenco takes over Trinidadian assets from Woodside appeared first on Offshore Energy.

LDA to install voyage optimization solution on wind-assisted RoRo ships

French maritime company Louis Dreyfus Armateurs (LDA) has commissioned compatriot Ascenz Marorka, a smart shipping arm of GTT Group, to install a voyage optimization solution on four roll-on/roll-off (RoRo) vessels. The post LDA to install voyage optimization solution on wind-assisted RoRo ships appeared first on Offshore Energy.

Arabian Drilling scores contract extensions for five jackups

Saudi Arabia’s Arabian Drilling has signed a contract extension for one of its rigs with Khafji Joint Operations (KJO), a joint venture between Aramco Gulf Operations Company and Kuwait Gulf Oil Company. The post Arabian Drilling scores contract extensions for five jackups appeared first on Offshore Energy.