Sapura Energy Wins E&C and Drilling Deals Worth
Malaysia's Sapura Energy has, via its engineering & construction and drilling subsidiaries, recently won contracts worth RM611 million (around 148…
Source: aogdigital.com
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Euronav purchases joint venture partner share of two FSO vessels | Hellenic Shipping News Worldwide
Euronav NV announces that it has become the full owner of the FSO platform as previously held in its 50-50 joint venture with International Seaways, Inc. (“INSW”). The two converted ULCCs, the FSO Asia and FSO Africa, were purchased at USD 300 million in total. Net of adjustments for working capital and debt, Euronav paid ...
Source: hellenicshippingnews.com
International Seaways Monetizes FSO Joint Venture With Sale to Euronav and Increases Quarterly Cash Dividend
International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today announced that it has completed a transaction in which the Company has sold its 50% stake in two floating storage and offshore (FSO) vessels to its joint venture partner Euronav NV. The purchase price ...
Source: hellenicshippingnews.com
International Seaways Monetizes FSO Joint Venture With Sale to Euronav and Increases Quarterly Cash Dividend
Press release content from Business Wire. The AP news staff was not involved in its creation.
Source: apnews.com
International Seaways Sells Stake In Al Shaheen Oil
Oil tanker operator International Seaways has sold its 50% stake in two floating storage and offshore (FSO) vessels, the FSO Asia and FSO Africa…
Source: marinelink.com