MAY 14, 206 —Singapore listed Kim Heng Offshore & Marine Holdings Limited reports that a wholly-owned subsidiary has entered into a non-binding memorandum of understanding with the Iran Marine Fund to explore setting up a…
MAY 11, 2014 – Vard Holdings Limited, which is 55.63% owned by Fincantieri has won a $300 million order to design and construct 15 module carrier vessels for Dubai headquartered Topaz Energy and Marine. The…
MAY 10, 2016 — Shell Offshore Inc. today took delivery of its third liquefied natural gas (LNG) fueled offshore supply vessel (OSV) in Port Fourchon, LA. Chartered from Harvey Gulf International Marine, the 302 ft…
MAY 4, 2016 — GE (NYSE: GE) solutions provided for two 302 ft diesel electric Z-drive MPSVs built by Eastern Shipbuilding for Hornbeck Offshore Services include the first MKII MV3000 Active Front End (AFE) drives.…
MAY 3, 2016 — Singapore's Keppel Offshore & Marine (Keppel O&M) has completed its $100 million acquisition of Cameron International Corporation's offshore product division, consisting of the LeTourneau jack-up rig designs and rig kit business,…
MAY 2, 2016 —The Department of Justice announced May 1 that Halliburton and Baker Hughes have abandoned their planned merger, originally valued at $34 billion. The department filed suit on April 6, 2016, to block…
MAY 2, 2015 — ABS, the leading provider of classification services to the offshore industry, has published a guide to help offshore drilling unit owners carry out rig lay-ups. The new ABS Guide for Lay-Up…
APRIL 26, 2015 — First the good news, now the not so. Yesterday, John Fredriksen controlled Deep Sea Supply (DESS) reported that four of its platform supply vessels had found work. Today, however, the company's…
APRIL 25, 2016 — John Fredriksen controlled Deep Sea Supply has been awarded a clutch of platform supply vessel contracts. They include a contract for two years firm, plus three yearly options, with Statoil (U.K.)…
APRIL 25, 2016 — Current offshore structural designs can successfully survive sea ice demands under extreme Arctic conditions, according to a research study carried out by the Bureau of Safety and Environmental Enforcement (BSEE) and…
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