Since the start of 2022, out of the eighteen accidents that shook the Bangladeshi shipbreaking industry, six have taken place at yards owned by Kabir Steel Re-Rolling Mills (KSRM), a concern of large conglomerate Kabir Group, reported NGO Shipbreaking Platform.
BW Offshore’s strategy for recycling its end-of-life floating production storage and offloading (FPSOs) units has been criticised following a fatality at a ship breaking yard in India. BW is one of the largest operators of FPSOs for the oil and gas sector, but its decommissioned units are being dismantled in yards with questionable health, safety, and environmental credentials.
SBM Offshore has won work on the One Guyana vessel for ExxonMobil’s Yellowtail project, offshore Guyana.
ExxonMobil has taken its fourth final investment decision (FID) in Guyana on the Yellowtail project.
The Court of Appeal has quashed another conviction related to alleged wrongdoing by Unaoil, setting Paul Bond free today in another rebuff to the Serious Fraud Office (SFO).
The Serious Fraud Office (SFO) saw one of its Unaoil convictions thrown out earlier this month and appeals for a second are moving ahead.
SBM Offshore has signed a contract with Brazil’s Petrobras on the delivery of a floating production, storage and offloading (FPSO) vessel on the Mero field.
Switzerland has ordered three SBM subsidiaries to pay 7 million francs ($7.5mn) for failing to prevent bribe paying in Angola, Equatorial Guinea and Nigeria.
Singapore yard Keppel Offshore &Marine (Keppel O&M) has delivered a mega floating storage and offloading (FPSO) vessel dubbed Liza Unity to SBM Offshore that will process oil from the prolific Stabroaek Block offshore Guyana.
ExxonMobil has made a discovery at the Pinktail well, on Guyana’s offshore Stabroek Block.
An oil boss has been sentenced to three and a half years in prison for conspiring with others to bribe public officials to secure lucrative oil contracts in post-war Iraq.
A former oil and gas boss has been found guilty of conspiring to bribe public officials to win contracts in Iraq following the collapse of Saddam Hussain’s regime.
SBM Offshore had a tough year, increasing its dividend by 10%, while cutting around 600 jobs.
SBM Offshore is seeking clarity from the Swiss Federal Prosecutor after it brought fresh suspicions of corruption against the Dutch contractor.
The Serious Fraud Office (SFO) has secured £1.2million from the owner of a luxury London apartment bought after bribing Brazilian state oil firm Petrobras.
Dutch shipbuilder SBM Offshore has seen underlying revenues increase by 16% thanks to major orders for FPSO vessels in Guyana.
A former Unaoil executive has been jailed for more than three years for paying bribes to win $1.7bn of contracts in post-occupation Iraq.
US oil major ExxonMobil has made a final investment decision to develop the $9 billion, 600 million barrel Payara field off Guyana.
The head of the Serious Fraud Office (SFO) has said a case that saw the conviction of an Aberdeen oil man for bribery “straddled the lockdown period like no other”.
SBM Offshore has completed financing of $1.14billion (£886m) to pay for the vessel which will serve ExxonMobil’s giant Liza field off Guyana.
ExxonMobil has awarded SBM Offshore contracts to carry out front end engineering work on a second floating production vessel for the Liza development off Guyana.
The Serious Fraud Office (SFO) has brought fresh bribery charges against Unaoil in relation to a £555million contract.
Dutch ship builder SBM Offshore has cut first steel on the vessel which will serve ExxonMobil’s Liza field offshore Guyana.
Dutch oil and gas vessel builder SBM Offshore has completed the sale of the Turritella FPSO to Shell.
SBM Offshore today confirmed the successful financing of its FPSO Liza, totaling $720million.