Aker Yards has signed a contract with Farstad Supply to deliver one UT 751 E platform ... The hulls for the vessels will be built in Romania and outfitted at Aker Yards Brevik in Norway.

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction ...

Meanwhile, UK supermajor BP is in the market for a supply and accommodation vessel to support its 2025 wells intervention ...

“Falling US rig count also increased worry over tighter supply ... continued to attack commercial vessels in the Red Sea, hitting Chinese-owned oil tanker Huang Pu, the US military said ...

The oil and gas rig count, an early indicator of future output, rose by four to 592 in the week to February 21. Despite this week's rig increase, Baker Hughes said the total count was still down 34, ...