Red box energy services pte ltd Faroe Islands

Who is Red Box Energy Services?

Red Box Energy Services is a Marine Heavy Transport service provider who focus on high-value niche markets in the offshore and onshore energy servicesindustry where high standards require capital, technical skill, operational capabilities, client focus and dedication to safety and environmental stewardship.

Who owns Red Box Energy Services – pugnax & Audax?

Today Philip is ceo of Red Box Energy Services, a Singapore-headquartered company that owns and operates two highly advanced ultra-heavy module carriers – Pugnax and Audax – both of which have been permanently employed since their launch in 2016.

Is red box compliant with international sanctions?

“I maintain the company was always compliant with all applicable international sanctions and it is my understanding my former colleagues are actively engaged with Ofac to delist the vessels — but in the meantime I am unemployed and I am no longer the CEO of Red Box,” Adkins said after the Singapore Ministry of Manpower’s decision on the visa.

Where is red box based?

Red Box also has offices in Rotterdam. The Audax and Pugnax vessels are capable of carrying structures weighing 20,000 tonnes and are reinforced to allow them to traverse ice-covered waters. They played a crucial role in the construction of Russia’s Yamal LNG project, which launched in 2017. Both vessels were also designated by Ofac in May.

Why did Philip Adkins quit Red Box Energy Services?

Philip Adkins told the Financial Times that he had been denied a work permit by Singapore, where Red Box Energy Services is based, effectively forcing him to quit the business. He is not the subject of personal economic measures.

Did red box breach sanctions?

The United Kingdom earlier this month added Red Box to its sanctions list, it said. According to the article, Mr Adkins, who is himself not under any sanctions, argued at that time that the construction material were “simple steel frames” and therefore the company did not breach sanctions.