Oil & Gas

AUGUST 15, 2016—Parker Bestobell Marine reports it has won a new order from Korea’s Daewoo Shipbuilding & Marine Engineering (DMSE) to supply cryogenic valves for three new Liquefied Natural Gas (LNG) carriers. The company’s valves…
AUGUST 11, 2016 — Japan's IHI Corporation has received Approval in Principle (AiP) from classificatiom society DNV GL for its FLPS (Floating LNG Power Station) concept. The FLPS concept is a combination of a Floating…
AUGUST 10, 2016 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported a first quarter net loss for the period ended June 30, 2016, of $89.1 million, or $1.89 per common share, on revenues of $167.9…
AUGUST 8, 2016 — The U.K. Marine Accident Investigation Branch has launched an investigation into the grounding of the semi-submersible Transocean Winner on the west coast of the Isle of Lewis in Scotland's Western Isles…
AUGUST 8, 2016 — DNV GL has welcomed the world's largest semi-submersible drilling rig into class.Ocean GreatWhite is 123 m long and 78 m wide and was delivered at the Ulsan, South Korea, shipyard of…
AUGUST 4, 2016 — In what it calls a "quantum leap within the offshore & heavy lift industry," Serooskerke, Netherlands, headquartered Holding OOS International Group B.V. yesterday confirmed that it has signed a fixed contract…
AUGUST 1, 2016 — Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and Chilean maritime services provider Ultramar, has taken delivery of a Damen PSV 5000, built at Wilson Sons shipyard in Guaruja,…
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…
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