Oil & Gas

FEBRUARY 27, 2017 — Norway's Farstad Shipping ASA has been awarded a number of charter contracts that, says CEO Karl-Johan Bakken, show its ability to to efficiently and safely return vessels from lay-up and put…
FEBRUARY 25, 2017—Over the next five years, international environmental regulations will have a major impact on the tanker market, according to a recent report by marine transport advisors McQuilling Services, LLC. In its latest Tankers…
FEBRUARY 21, 2017 — McDermott International, Inc. (NYSE:MDR) has emerged as the new owner of the former flagship of the now defunct U.K. SURF and heavy subsea construction contractor Ceona. When news of Ceona's liquidation…
FEBRUARY 20, 2017 — Brazil's Arpoador Shipyard has delivered the Oceanicasub V, the second of two Incat Crowther designed 43 m monohull subsea dive support vessels (SDSV) owned and operated by Oceanica of Rio de…
FEBRUARY 16, 2017 — The Coast Guard rescued four crew members aboard a lift boat, the Superior Trust, as it became unstable near Southwest Pass, Louisiana, yesterday. Coast Guard Sector New Orleans watchstanders received a…
FEBRUARY 12, 2017 —Trinidad Offshore Fabricators Unlimited (TOFCO) recently completed work for the Juniper offshore gas platform topsides at its facility in La Brea, Trinidad. The project is the largest offshore structure ever fabricated in…
FEBRUARY 9, 2017 — Geophysical company Polarcus Limited is set to bareboat charter a second of the seven seismic vessels in its fleet to the SCF Geo subsidiary of Russia's Sovcomflot. A Polarcus subsidiary has…
FEBRUARY 6, 2017 — With tough times persisting in the offshore services sector, stakeholders are planning a three way merger of Solstad Offshore, Farstad Shipping and Deep Sea Supply. What will emerge, if all goes…
FEBRUARY 3, 2017 — DOF Subsea has been awarded a three-year IMR frame agreement with one of the major oil and gas companies in the Asia Pacific region. DOF Subsea says it has recently secured…
JANUARY 31, 2017 — Finland's Arctech Helsinki Shipyard yesterday held a naming ceremony for a new ice-breaking platform supply vessel (IBSV) commissioned by Russia's SCF Group (Sovcomflot). Named for Gennadiy Nevelskoy (1813-1876), an explorer of…
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