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Golden year for offshore investments in sight

2013 looks to become a golden year for investments in oil and gas. The industry expects that investments in offshore vessels and facilities will increase by 31 percent compared to last year, Asiasis reports.

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Alfa Laval buys StormGeo following bidding war

There were plenty of interested buyers for tech company StormGeo, but the company ultimately decided to enter a deal with Sweden's Alfa Lava, which placed the best offer, says partner in StormGeo's majority owner EQT to ShippingWatch. Updated.

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