Latest News
Oil and gas production from the first FPSO in the U.S. Gulf of Mexico started at the deepwater Cascade field, according to Brazilian oil major Petrobras. Petrobras is the first company to develop an oilfield…
With the Deepwater Horizon civil trial set to start on March 5, BP announced it had reached a $7.8 billion settlement with the Plaintiffs' Steering Committee (PSC), subject to final written agreement, to resolve the…
German shipbuilder FSG has won an order from Rolldock of The Netherlands for two identical 151.1 m long multi-functional project cargo vessels. The ships can be loaded in three different ways: roll-on roll-off / lift-on…
Norway's Statoil is preparing an invitation to tender for a new type of jack-up drilling rig for mature fields on the Norwegian continental shelf (NCS). Statoil will issue a proposal for license groups to take…
U.S. Coast Guard Sector Columbia River, Ore., issued a detention order against a Singapore-flagged car carrier after a series of events that began when the ship lost power. At approximately 11.09 a.m.Sunday, the 648-ft, 28,210…
The Marine Spill Response Corporation reports that it has completed its Gulf of Mexico expansion program known as Deep Blue. The new response capabilities created under this program are now ready to respond to an…
Rolls-Royce has received a second order for a vessel from its award winning Environship range. It covers the supply of all the main systems and equipment, as well as the ship design for the fish…
John Fredriksen has cashed in $1 billion of his stake in offshore driller Seadrill. Mr. Fredriksen's Hemen Holdings said the sale will allow the Fredriksen Group to have a slightly more diversified investment portfolio, and…
IHC Offshore & Marine, part of IHC Merwede, has signed two contracts with Malaysian offshore operator SapuraCrest for the design, engineering and construction of two new 550 t pipelaying vessels. A third contract has been…
Argentinian towage and harbor company Remolcadores Unidos Argentinos (RUA) has just taken delivery of the  Damen ASD 2810 tug RUA Cap. Lucio R. This is the first delivery of a Damen tug to an Argentinian…
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