Oil & Gas

JUNE 29, 2017 — Contrary to our earlier report, Kawasaki Heavy Industries has not canceled the offshore vessel order placed in 2014 by Island Offshore, in which the Chouest and Ulstein families are partners. In…
JUNE 29, 2017 — The world's largest floating LNG facility (FLNG), Shell's Prelude, is now under tow from shipbuilder Samsung Heavy Industries shipyard in Geoje, South Korea, to gas fields off the coast of Western…
JUNE 27, 2017 — A SolstadFarstad ASA platform supply vessel is to be installed with an energy storage system, gaining it the DNV-GL notation "Battery Power." The upgrade is being made under a five-year contract…
JUNE 27, 2017 — Japanese shipbuilder Kawasaki Heavy Industries has canceled an offshore vessel order placed in 2014 (see earlier story) by Island Offshore, in which the Chouest and Ulstein families are partners. To be…
JUNE 22, 2017 — Delfin Midstream and Golar LNG Limited have signed a joint development agreement to develop the Delfin LNG project, off the coast of Cameron Parish, Lousiana utilizing Golar's FLNG technology. The agreement…
JUNE 21, 2017 — With the completion a series of transactions announced February 6, a large new high-end offshore service vessel (OSV) company —Solstad Farstad ASA— has emerged from the merger of Solstad Offshore, Farstad…
JUNE 12, 2017 — Singapore based Kim Heng Offshore & Marine Holdings Limited reports that it has completed the purchase of three 10,800 bhp Anchor Handling Tug / Supply vessels — the Swiber Anne-Christine, Swiber…
JUNE 5, 2017 — Stena Drilling reports that its affiliate Stena Atlantic Ltd, an affiliate of Stena Drilling Ltd, has notified Korean shipbuilder, Samsung Heavy Industries Co Ltd (SHI), that it has exercised its right…
JUNE 2, 2017 — Solstad Offshore ASA (SOFF) has been awarded a long-term contract for the PSV Normand Leader by ConocoPhillips Skandinavia AS. The contract has a duration of four years, with further 3 yearly…
MAY 30, 2017 — Offshore drilling contractors Ensco plc (NYSE: ESV) and Atwood Oceanics, Inc. (NYSE: ATW) jointly announced today that they have entered into a definitive merger agreement under which Ensco will acquire Atwood…
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