Oil & Gas
SEPTEMBER 5, 2014 — BP was grossly negligent in the 2010 Deepwater Horizon disaster, U.S. District Judge Carl Barbier ruled yesterday in New Orleans. The finding of gross negligence rather than simple negligence means that…
SEPTEMBER 3, 2014 — Halliburton (NYSE: HAL) announced yesterday that it had reached an agreement to settle a substantial majority of the plaintiffs' class claims asserted against the company as a result of the April…
SEPTEMBER 3, 2014 — MacGregor, part of Cargotec, has secured a contract from German shipyard Flensburger Schiffbau Gesellschaft (FSG) for the complete delivery of remotely operated vehicle (ROV) access doors and hatches for the two…
SEPTEMBER 3, 2014 — Aberdeen, Scotland, headquartered DOF Subsea UK Limited reports that it has been awarded and commenced work on a multi-million dollar contract with Saipem S.A. The scope sees the provision of DOF…
SEPTEMBER 2, 2014 — Houston based marine engineering and naval architecture consulting firm Zentech Inc. reports that Bob "Sonny" Fogal, one of the icons in the offshore oil and gas industry, has decided to retire…
SEPTEMBER 2, 2014 — Damen Shiprepair Vlissingen, the Netherlands, has completed a major upgrade of a Rowan Companies plc jack-up in 30 days less than initially projected by the client. The scope of the project…
SEPTEMBER 2, 2014 — Rotterdam headquartered Van Oord Dredging and Marine Contractors bv has ordered a new subsea rock installation vessel from Sinopacific Shipbuilding Group's Ningbo shipyard in China. Delivery is set for 2016. Subsea…
SEPTEMBER 1, 2014 — Singapore based Ultra Deep Solutions says that it has entered a contract with Chinese shipbuilder Shanghai Zhenhua Heavy Industries (ZPMC) covering construction of an Ultra Deep Installer – Multipurpose Diving Support…
AUGUST 29, 2014 — Norway's Havyard Group is to supply Grupo CBO of Brazil with design and equipment packages for four 81.5 m Havyard 843 design AHTs. The NOK 180 million (about $29 million) contract…
AUGUST 27, 2014 — Rolls-Royce has signed a contract with Detroit Chile SA to supply offshore cranes to nine Guido Perla designed platform supply vessels (PSVs) under construction at Detroit Brasil Ltda. shipyard, in Itajaì,…
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