Oil & Gas

FEBRUARY 27, 2014 — Singapore's Sembcorp Marine is starting the year with significant orders. Yesterday it announced that its PPL Shipyard had signed a turnkey jack-up rig contract worth US$214.3 million with Marco Polo Drilling…
FEBRUARY 24, 2014 — Maersk Drilling today took delivery of its first ultra deepwater drillship, Maersk Viking, from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea, and the ship Maersk Viking has started…
FEBRUARY 23, 2014 — Strategic Marine's Vung Tau, Viet Nam, shipyard has delivered four of ten Incat Crowther design infield utility vessels to Brunei's PTAS Marine and the rest are rapidly nearing completion, with some…
FEBRUARY 21, 2014 — Teekay Offshore Partners L.P., the part of the Teekay empire that owns things like FPSOs and FSOs, is getting into the business of towing them around and installing them. It has…
FEBRUARY 20, 2014 — Shares in Covington, LA, headquartered Hornbeck Offshore Services, Inc. (NYSE:HOS) were trading lower today after it reported a fourth quarter earnings increase that fell below analysts' expectations. Net income for the…
FEBRUARY 19, 2014 — South African shipbuilder Veecraft Marine has developed ballistic protection technology for military and security craft that is now proving to be an attractive option for vessels serving the Nigerian offshore market.…
FEBRUARY 17, 2014 — Like two vessels ordered earlier at Poland's Remontowa Shipbuilding, the  four further 89 m x 19 m platform supply vessels ordered at the shipyard by Siem Offshore (see earlier story) will…
FEBRUARY 14, 2014 — Wärtsilä is to supply a range of pumping solutions for a new Floating Storage Unit (FSU) that South Korean shipbuilder Samsung Heavy Industries (SHI) is building for Statoil for operation on…
FEBRUARY 13, 2014 — Singapore's Keppel FELS shipyard a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured contracts to build three high-specification KFELS B Class jack-up rigs worth about US$650 million…
FEBRUARY 12, 2014 — Siem Offshore Inc. (OSE: SIOFF) has entered into agreements with Helix Energy Solutions Group, Inc. (NYSE: HLX) to provide two newbuild well-intervention vessels. Helix will charter the vessels to provide well…
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