Oil & Gas
TTS Group ASA has agreed to sell its drilling equipment business, a part of TTS Energy Division, and relevant subsidiaries, to Cameron International Corporation (NYSE: CAM) for $270 million, plus a turnover based earn-out model…
Cheniere Energy Partners, L.P. (NYSE Amex: CQP) reports that its subsidiaries, Sabine Pass Liquefaction, LLC and Sabine Pass LNG, L.P. have received authorization from the Federal Energy Regulatory Commission ("FERC") to site, construct and operate…
Aker Solutions has entered a long-term agreement with Statoil to provide a full range of heavy well intervention and light drilling services on the Norwegian continental shelf using an entirely new type of semisubmersible rig,…
Two weeks after its acquisition by Damen Shipyards, the former Sobrena shipyard in Brest, France, (now Damen Shiprepair Brest) has booked its first order. Bourbon Offshore Surf's Anchor Handling Tug Supply vessel Alcyon is in…
STX OSV reports that it has secured new contracts for the design and construction of two Offshore Subsea Construction Vessels for Siem Offshore in Norway. The vessels will be of STX OSV's OSCV 11 design.…
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries, Keppel FELS Brasil S.A. and Estaleiro BrasFELS Ltda, has signed a Letter of Intent (LOI) with Sete Brasil Participações S.A. (Sete Brasil), for the design…
Seadrill has exercised an option to build a new tender rig at the COSCO Nantong Shipyard in China. The new unit, T18, is set for delivery from the shipbuilder in the fourth quarter of 2013.…
Eastern Shipbuilding Group, Inc., Panama City, FL, recently delivered the Sisuaq, the second of three 292 ft Offshore Support Vessels based on STX Marine designs to Harvey Gulf International Marine, LLC, New Orleans, LA. The…
Cargotec has received an order to supply a total of twenty 150-tonne electric MacGregor winches for two pipe-laying heavy-lift offshore construction vessels (N448 & N449) which are currently being constructed  at Cosco (Nantong) Shipyard Co…
Ocean Rig UDW Inc. (NASDAQ: ORIG), which is majority owned by Dry Ships, Inc.(NASDAQ: DRYS), reports that it has received a Letter of Award (LOA) for its ultra deepwater drillship "Ocean Rig Olympia," from a…
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