Oil & Gas

JULY 29, 2016 —Shell Australia has awarded Bergen, Norway, headquartered DOF Subsea a five-year contract with two two-year options to provide a fulltime underwater services and multi-purpose supply vessel (MPSV) to the Prelude FLNG facility.…
JULY 28, 2016 — Damen Shipyards Group has announced its latest concept design: the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas decommissioning sector: topside decommissioning, offshore…
JULY 28, 2016 — As tough times in the offshore services sector continue, Norway's Solstad Offshore ASA and REM Offshore ASA have agreed to merge. a "triangular merger" under Norwegian law, REM will be merged…
JULY 27, 2016 — Houston headquartered GulfMark Offshore, Inc. (NYSE:GLF) has reported results of operations for the three- and six-month periods ended June 30, 2016. For the quarter, revenue was $30.5 million, and net loss…
JULY 26, 2016 — United Arab Emirates(UAE) based Lamprell plc says that scheduled second-quarter 2016 delivery of a jack-up drilling rig has been delayed. The rig is in its final stages of commissioning and has…
JULY 25, 2016—“If you drill and you spill, then you must pay the bill,” is how Senator Bob Menendez (D-NJ) summarized his “Big Oil Bailout Prevention Legislation Package” that he introduced last month. Co-sponsored with…
JULY 17, 2016 — The world's largest shipbuilder has delivered the world's largest largest semi-submersible drilling rig. South Korea's Hyundai Heavy Industries (HHI) delivered the 123 m x 78 m Ocean Greatwhite to Diamond Offshore…
JULY 13, 2016 — GE's Marine Solutions business is to provide a high-voltage system to power and propel the world's largest semi-submersible crane vessel (SSCV), Sleipnir, currently under construction at the Sembcorp Marine Tuas Boulevard…
JULY 12, 2016 — Houston headquartered offshore drilling contracror Hercules Offshore, Inc. (OTC Pink: HEROQ) said yesterday that its subsidiary, Hercules International Drilling Ltd., entered into an agreement to sell the jack-up drilling rig Hercules…
JULY 8, 2016 — The U.S. Department of the Interior has released final regulations for any future exploratory drilling activities on the U.S. Arctic Outer Continental Shelf (OCS.) "With the United States as Chair of…
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