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In relation to companies and similar entities which are incorporated in offshore jurisdictions, the use of both the words "offshore" and "company" can be varied in application. The extent to which a jurisdiction is regarded as offshore is often a question of perception and degree. [ 3 ]
BW Offshore Limited is a global owner and operator of floating production storage and offloading (FPSO) vessels. The company is listed on Oslo Stock Exchange. The company has its headquarters in Singapore and Oslo, Norway but operates internationally. The largest owner is BW Group Limited with 49.3% of the shares.
The company has over 490 vessels managed by an international team of over 12,000 staff worldwide. The group was founded by Sir Yue-Kong Pao in Hong Kong in 1955 as World-Wide Shipping. In 2003, the company acquired Bergesen d.y. ASA, Norway's largest shipping company, which was founded in 1935 by Sigval Bergesen the Younger. In 2005, the ...
Oil produced from offshore production platforms can be transported to the mainland either by pipeline or by tanker. When a tanker is chosen to transport the oil, it is necessary to accumulate oil in some form of storage tank, such that the oil tanker is not continuously occupied during oil production, and is only needed once sufficient oil has ...
DOF Subsea is an international subsea operating company. The DOF Subsea Group is a specialist subsea service business that provides subsea construction, subsea engineering, inspection, repair and maintenance and survey services.
DOF ASA was the parent company of the DOF Group, a Norwegian supply shipping company.DOF ASA underwent a bankruptcy process in the Norwegian courts in 2023 and on the 25th of May 2023, a new parent company DOF Group ASA was established and the company continues to operate as an integrated offshore services supplier with global operations.
In July 2017, the parent company, OOIL, received a US$6.3 billion take over bid from its Chinese rival, COSCO Shipping. The bid has been accepted subject to shareholder and regulatory approval. [13] The takeover was completed in 2018. [9] In 2018, COSCO SHIPPING Holdings acquired Hong Kong-based OOIL, the parent of OOCL, for US$6.3 billion
K Line Offshore AS was founded in Arendal, Norway in October 2007 as a subsidiary of K Line to provide offshore support services to oil and gas fields. They have commissioned new ships suitable for oil and gas fields in ultra-deep water, harsh environments and/or remote areas.