Oil & Gas
NOVEMBER 13, 2014 — South Korea's Hyundai Heavy Industries Co., Ltd. (HHI), the world's largest shipbuilder and a major offshore facilities contractor, has signed a contract for a $1.94 billion order for the second package…
NOVEMBER 12, 2014 — New Orleans, LA, headquartered Harvey Gulf International Marine has recently installed Advanced Logistics' marine management system, SAMM, and preventative maintenance module, Preventer, on its fleet of offshore supply and multi-purpose support vessels.…
NOVEMBER 10, 2014 — ABS has granted Arendal, Norway, based Sevan Marine AS approval in principle (AIP) for its cylindrical floating LNG (FLNG) production unit concept for offshore production, storage and transfer of LNG, LPG…
NOVEMBER 7, 2014 — Teekay Offshore's wholly-owned subsidiary ALP Maritime Services B.V. (ALP) has agreed to acquire six modern on-the-water long-distance towing and anchor handling vessels for approximately $220 million. The vessels to be acquired…
NOVEMBER 5, 2014 — Zhejiang Shipbuilding, Ningbo, China, recently delivered Sea Swift, completing a series of twelve 88.9 m Ulstein PX 105 design platform supply vessels ordered by ship owner Deep Sea Supply PLC, whose…
NOVEMBER 4, 2014 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported second quarter net earnings for the period ended September 30, 2014, of $60.9 million, or $1.22 per common share, on revenues of $397.5 million.…
OCTOBER 31, 2014 — Singapore's Keppel FELS shipyard has secured a contract for a KFELS Super B Class jack-up rig worth about US$240 million from BOT Lease Co., Ltd (BOTL), an affiliated company of the…
OCTOBER 29, 2014 — Two new 150 ton bollard pull anchor handling offshore support vessels (AHOSVs) being built at the Colombo Dockyard in Sri Lanka have been designed by Wärtsilä and will be powered by…
OCTOBER 29, 2014 — Rolls-Royce has won its largest subsea vessel project yet. It has signed a £24 million (about $38.7 million) contract with Ocean Yield ASA that will see it supply a complete module…
OCTOBER 21, 2014 — "The global offshore vessel market flattened in the third quarter as fewer offshore drilling rigs were utilized than anticipated, and as oil producing companies continued their focus on reducing costs," said…
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