Oil & Gas

JUNE 1, 2016 — Oslo-listed Subsea 7 S.A. reports the early termination of the day-rate contract for its  Pipelay Support Vessel (PLSV), Seven Mar, working for Petrobras, offshore Brazil, effective May 31, 2016. The contract…
MAY 31 2016 — Sembcorp Marine's Jurong Shipyard, has delivered the high-specification jack-up rig Maersk Highlander (formerly known as Hercules Highlander) to Maersk Highlander UK Ltd. This follows the announcement last week by troubled Hercules…
MAY 24, 2016 — Eastern Shipbuilding Group, Inc., Panama City, FL, reports that its Allanton Shipyard last month launched Harvey Blue-Sea (Hull 250) the second of two 340 ft multi-purpose service vessels (MPSV) on order…
MAY 19, 2016—The first of four Ulstein SX157 design ultra-long distance towing and anchor handling vessels was named ALP Striker in a shipyard ceremony last week. The four vessels, each with a bollard pull of…
MAY 18, 2016 — McDermott International, Inc. (NYSE:MDR) reports that it and 14 other leading offshore companies have signed a Memorandum of Understanding (MOU) to establish engineering industry standards. Known as the Standardization Unified Joint…
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,…
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