WFW advises CMFL on novation of bareboat charter and purchase of drilling rig by Saipem
Sea Lion 7 is a self-elevating mobile drilling unit capable of operating in water depths of up to 114.3 metres.
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WFW advises ENI on purchase of Scarabeo 5 from Saipem
Scarabeo 5 will be installed off the coast of the Republic of Congo.
New Circular 08 on conditions for foreign loans not guaranteed by the government
This article discusses the updates on Circular 08 issued by the State Bank of Vietnam on foreign exchange administration for offshore borrowing which will take effect from 15 August 2023.
Offshore renewable plants: the simplified authorisation according to ART. 72 of draft law-decree PNRR in 10 points
A new authorisation process accelerates the realisation of reforms introduced by the Italian National Recovery and Resilience Plan with respect to renewable offshore plants.
WFW advises NIBC on sale of its originally €1.5bn offshore energy portfolio
The entire portfolio was originally valued at €1.5bn and comprises assets across Europe and the US.
WFW advises lenders on US$155m Tangguh LNG carrier refinancing
Both LNG Carriers Tangguh Batur and Tangguh Towuti have been recognised by the Maritime and Port Authority of Singapore’s Green Ship Programme for attaining Energy Efficiency Design Index certification.
Distress in the offshore sector: alternative approaches to restructuring
This article examines the alternative approaches to restructuring through schemes of arrangement in the offshore sector.
Changes in Jones Act Interpretations Will Affect US Offshore Sector
On December 19, 2019, The US CBP announced a change in its interpretation of Section 27, which in general leaves room for expansion of the universe of items that non-US-flagged vessels may deliver to US offshore installations.
Offshore Wind Fact Sheet – Japan
The article provides insight into offshore wind in Japan, highlighting key projects, opportunities and challenges which are shaping the current trends in the sector.
Taiwan Offshore Wind Fact Sheet
Shawn Er provides insight into offshore wind in Taiwan, highlighting key projects, opportunities and challenges which are shaping the current trends in the sector.