Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. AMSTERDAM (AP) — A Dutch salvage company has ...

On 25 July, the UN began siphoning one million barrels of oil from a decaying supertanker off the coast of war-torn Yemen, a crucial step in the race against time to prevent a potential environmental ...

The FSO Safer was holding more than a million barrels of oil as it lay decaying off Yemen's coast — MOHAMMED HUWAIS Mounting maritime security threats off Yemen's coast have stalled work on scrapping ...

Dutch marine services firm Boskalis has, through its subsidiary SMIT Salvage, reached an agreement with the United Nations Development Programme (UNDP) to remove the oil from the decaying FSO Safer ...

LONDON/ADEN, March 21 (Reuters) - Two tankers, containing oil and toxic waste, are stuck in the Red Sea in the firing line between Western naval forces and Yemen's Houthi militants despite repeated ...