The Polar Max project reached an important milestone as Davie and ALMACO officially marked the start of construction with a project kickoff ceremony at Davie’s shipyard in Lévis, Québec. The event signaled the formal transition from planning and design into full execution for one of Canada’s most significant shipbuilding programs under the National Shipbuilding Strategy.
The TotalEnergies West of Shetland offshore assets it agreed to sell to Prax Group last year remain under the French oil major's ownership, it said on Wednesday, so will not be subject to disposals resulting from liquidation proceedings affecting the British company."The transaction to sell our West of Shetland asset to Prax has not yet completed and as such we remain the operator of the