V.Group said Sept. 9 it has signed a contract with ADNOC Logistics & Services (ADNOC L&S) to provide crew management services for 93 offshore support vessels.
To enable further expansion in the region and to support the contract, V.Group opened a new Abu Dhabi office, which began operations in early August, the company said in a news release.
Following a stabilization period, scheduled to last until year-end 2019, the V.Group office plans to begin regular operations by providing crew management services to ADNOC L&S. Afterward, the company said it plans to expand its services in the region.
Recommended Reading
EQT Declares Quarterly Dividend
2024-04-18 - EQT Corp.’s dividend is payable June 1 to shareholders of record by May 8.
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
2024-04-04 - The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
Magnolia Appoints David Khani to Board
2024-02-08 - David Khani’s appointment to Magnolia Oil & Gas’ board as an independent director brings the board’s size to eight members.
Sunoco’s $7B Acquisition of NuStar Evades Further FTC Scrutiny
2024-04-09 - The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Sunoco’s pending acquisition of NuStar Energy has expired, bringing the deal one step closer to completion.
Laredo Oil Subsidiary, Erehwon Enter Into Drilling Agreement with Texakoma
2024-03-14 - The agreement with Lustre Oil and Erehwon Oil & Gas would allow Texakoma to participate in the development of 7,375 net acres of mineral rights in Valley County, Montana.