Oil & Gas

SEPTEMBER 28, 2015 — Vard Holdings Limited reports that it has won contracts worth a total of more than $100 million for the design and construction of two Offshore Subsea Construction Vessels for a new…
SEPTEMBER 28, 2015 — Shell said today that it cease further exploration activity in offshore Alaska for the foreseeable future.
SEPTEMBER 25, 2015 — After stories broke yesterday in which a former Petrobras executive linked it to the Petrobras corruption scandal, drilling contractor Transocean (NYSE: RIG) saw its share price drop by 4.76% to reach…
SEPTEMBER 25, 2015 — Capt. Adarash Kumar has been appointed as Chief Executive Officer of Singapore headquartered EMAS Offshore, effective today.
SEPTEMBER 24, 2015 — Tokyo headquartered Inpex Corporation reports that the world's largest semi-submersible has been launched from the offshore floating dock at the Samsung Heavy Industries shipyard in Geoje, South Korea.
SEPTEMBER 24, 2015 — Following a naming ceremony in Barcelona, Spain, yesterday, Promar Shipping Services has taken delivery of Mamola Defender. the second of two Damen PSV 3300 platform supply vessels ordered in January 2014.…
SEPTEMBER 23, 2015 — Eidesvik Offshore ASA has secured a charter that will see its offshore construction vessel Viking Neptun perform work on the TEN URF Development Project offshore Ghana.
SEPTEMBER 22, 2015 — As Storebø, Norway, headquartered DOF ASA is in the enviable position of currently having no PSVs available, it is bareboat chartering in a vessel from shipbuilder Vard for a 4 +…
SEPTEMBER 21, 2015 — Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR) reports that it has received notification from Petrobras regarding the early termination of contracts for three of its non-Brazilian flag platform supply vessels (PSVs), the UP Amber,…
SEPTEMBER 18, 2015 — A U.K.-based SURF and heavy subsea construction contractor whose major shareholder is Goldman Sachs Capital Partners has ceased trading and gone into administration. Ceona is now being administered by EY (Ernst…
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