The contract, to SBM Offshore USA, calls for the wet tow and installation of a semi-submersible floating production unit for the deepwater US Gulf of Mexico development.

The global palm oil market is projected to grow from USD 61.19 billion in 2024 to USD 88.84 billion by 2033, with a CAGR of 4.23% from 2025 to 2033. This growth is driven by the oil's versatility and ...