Offshore News – Finarge Armamento sold to Brazil in $94 million deal – August 2021

Finarge Armamento Genovese Srl was founded in 2008 as a subsidiary of the Italian company Finarge SRL, which was established in 1981 by Italy’s Rimorchiatori Riuniti S.p.A. was sold to Brazil offshore vessel operator CBO as agreed in August, 2021. The total payment amounts to $94.4 million. As outlined in the investment agreement signed by CBO […]
Offshore – Loading Operations of Jack Up Oil Rig KEY SINGAPORE – Feb/March 2022..

During the first quarter of 2022 another rig move was seen at Malta , this time of the 1982 built Jack Up Oil Rig KEY SINGAPORE that originally arrived OPL Malta on Sunday 3rd January, 2021 around 2000 hrs that was towed by the 2008 built anchor handling vessel A.H. LIGURIA of which on Monday […]
Offshore – Jack Up Oil Rig KEY SINGAPORE laid up as from January 2021
The 1982 built jack up oil rig KEY SINGAPORE arrived from Hamriyah, Sharjah at the United Arab Emirates towed by the anchor handling tug/ supply ship A.H.LIGURIA arriving on Sunday 3rd January, 2021 around 1947 hrs anchoring offshore Malta. She was built in Singapore by Marathon Letourneau Offshore as KEY SINGAPORE and designed as a […]
Towage – Jack Up Oil Rigs ATWOOD AURORA and ATWOOD BEACON leaving Malta – March 2021
After Transport Minister Ian Borg announced in January 2021 that both jack up oil rigs ATWOOD AURORA and ATWOOD BEACON will be removed from Palumbo Malta Shipyards, it was time that both rigs vacate the berth, months after residents and activists protested about the laid up oil rigs. Intervening in the issue, the ombudsman confirmed […]