Oil & Gas
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…
OCTOBER 17, 2014 — Malaysia's largest Offshore Support Vessel (OSV) shipbuilder, Singapore-listed Nam Cheong Limited, has launched the first AHTS built to its new, proprietary, NCA80E design. It already holds letters of intent worth $186…
OCTOBER 17, 2014 — Under a settlement agreement with the United States,  ATP Infrastructure Partners LP (ATP-IP) will pay a $1 million civil penalty and perform corrective measures to resolve claims by the U.S. under…
OCTOBER 16, 2014 — Maersk Supply Service has placed an order with Norwegian shipbuilder Kleven Maritime A/S for six Anchor Handling Tug Supply Vessels with options for four additional vessels. The 95 m long vessels…
OCTOBER 11, 2014 — New Orleans headquartered Harvey Gulf International Marine, LLC has established Harvey Gulf International Marine de Mexico S.A.P.I. de C.V. "We recognize the growth potential in the Mexican market for our business,"…
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