Statutory Flag State Legislation
Buying Boat Insurance: The Fine Print
Know your policy details about these 6 coveragesDoes your insurance policy cover this? It all depends on the fine print. As boat owners prep for the season, it’s time to dust off the boat’s insurance policy and grab a magnifying glass to read the fine print. Unlike auto or homeowner’s insurance, recreational boat insurance has…
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Saudi Aramco, McDermott sign EPCI agreement for fabrication facility in Saudi Arabia
DHAHRAN, Saudi Arabia — Saudi Aramco has signed a land lease agreement with McDermott Arabia Company, Ltd., a subsidiary of McDermott International, Inc., to grant McDermott a lease to establish a fabrication facility located within the King Salman International Complex for Maritime Industries in Ras Al-Khair, Saudi Arabia. This is pursuant to a Memorandum of…
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Açu Petróleo signs contract with Equinor for ship to ship in Port of Açu
RIO DE JANEIRO — Açu Petróleo (a partnership of Prumo Logística and Oiltanking) and Equinor signed a contract for oil transshipment services at the Petroleum Terminal (T-OIL), located in the Complex of Port of Açu, in the north of the state of Rio de Janeiro. The contract lasts 36 months, from January 2020, for the…
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Equinor Brasil president wants an open gas market according to Quest Offshore
BRASILIA — Margaret Øvrum recalls that investment depends on viability, “With a monopoly, you do not get the right price.” Norwegian Equinor (formerly Statoil), the second largest oil and natural gas producer in the country, behind only Petrobras, is waiting for a new regulation of the gas market to expand its investments in Brazil. The president…
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