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Blogs forFebruary 8th, 2026

Arabian Drilling Names Fahad Al Bani as CEO

Arabian Drilling appoints Fahad Al Bani as CEO after Ghassan Mirdad resigns for personal reasons, citing Al Bani’s nearly three decades of upstream and drilling experience.

Longitude Introduces Cost-Focused PSV Design

Longitude Engineering launched the D-Flex PSV, a DP Class 2 compact design in the IMT Isca series, aimed at lowering CAPEX and OPEX with configurable layouts and methanol-ready options.

Seafarer Abandonment Hits Record High

ITF data shows seafarer abandonment hit record levels in 2025: 6,223 seafarers across 410 ships, with $25.8 million owed and FOCs dominating cases.

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