Oil & Gas
rough-ride-for-petrobras-exposed-offshore-drillers
Rough ride for Petrobras-exposed offshore drillers

JUNE 23, 2015—Investment banker Cowen and Company remains cautious on its outlook for shares of stocks of Petrobras-exposed offshore drillers, expecting "significant CAPEX cuts will keep activity offshore Brazil subdued through the end of 2016." Cowen...

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JULY 29, 2015 — The icebreaker MV Fennica, which suffered damage to its hull on July 3, may have been damaged by a previously uncharted shoal. At the time, the ship was carrying the capping…
JULY 28, 2015 — Damen Maaskant Shipyards Stellendam, The Netherlands, recently handed over a Twin Axe Fast Crew Supplier 2610 to a long time customer, family-run Groen Offshore, Guard & Support. Named after the 10-year…
JULY 23, 2015 — Congressional opposition to Arctic drilling remains strong. Nonetheless the Obama administration continues to allow Shell's Chuchki Sea drilling program to proceed — under a number of limitations. Among those making strong…
JULY 22, 2015 — With $960 million in financing secured for its first GoFLNG project (see earlier story), Golar LNG Limited has reached agreements for conversion of a third Moss type LNG carrier to a…
JULY 21, 2015 — Excelerate Energy L.P. reports that it has completed the first Ship-to-Ship (STS) transfer of LNG at the Engro Elengy LNG Terminal, Port Qasim, Pakistan. Excelerate's floating storage and regasification unit (FSRU),…
JULY 20, 2015—Golar LNG Limited reports that it has received an underwritten financing commitment for its first GoFLNG project, which involves the conversion of the Moss LNG carrier Hilli to a floating liquefaction vessel, for…
JULY 13, 2015 — MSV Fennica, the Finnish multipurpose icebreaker on charter to Shell, is to go to Vigor Industrial's Portland, OR, shipyard for repairs to the one inch wide by three foot long hull…
JULY 13, 2015 — Singapore's Keppel Offshore & Marine Ltd says that its Keppel FELS shipyard has secured a US$85 million contract from Crystal Heights Holdings Limited to build a high specification liftboat. The liftboat…
JULY 7, 2015 —A Finnish multipurpose icebreaker on charter to Shell had to return to Dutch Harbor, Alaska, early Friday morning after its hull was found to have a fracture. The vessel was carrying the…
JULY 7, 2015 —Norwegian shipbuilder Simek AS reports that its Yard No 133 has been sold to Edison Chouest Offshore.This will be the second ship Simek has delivered to Edison Choest, the first one being…
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