Oil & Gas

DECEMBER 27, 2016 – Back in November, Norway's Farstad Shipping ASA said it had signed a non-binding letter of intent with a company in the Siem Industries group for the financial restructuring of Farstad Shipping…
DECEMBER 21, 2016 —  Oil and gas industry voices are already calling on the incoming Trump administration to reverse "permanent" restrictions on drilling in the Arctic and Atlantic announced yesterday by President Barack Obama. The…
DECEMBER 16, 2016 — Oslo-listed Oceanteam ASA says that its subsidiary Diavaz-Oceanteam Shipping (DOT) has come to an agreement with seller Pacific Radiance to postpone the delivery of the CSV Tampamachoco 1 (T1) for one…
DECEMBER 14, 2016 — Norway's Siem Offshore today said that it had canceled the third in a series of four dual fueled platform supply vessels of VS 4411 DF design on order with Remontowa Shipbuilding…
DECEMBER 14, 2016 — Maersk Supply Service is halfway to meeting the divestment goal it announced back in August, when it said it planned to shrink its fleet by up to 20 vessels over an…
DECEMBER 7, 2016 — Höegh LNG Holdings Ltd. has signed a Letter of Intent with South Korean shipbuilder Samsung Heavy Industries for one firm and three optional floating storage and regasification units (FSRUs). The agreement…
NOVEMBER 28, 2016 — Maersk Supply Service says that, as a result of efficient project management and strong synergies with partners on the Janice decommissioning project, it has secured a second contract with Maersk Oil…
NOVEMBER 16, 2016 — Houston-headquartered Bisso Marine reports that it has successfully completed a two‐month saturation diving campaign in the U.S. Gulf of Mexico. Using its 415 ft (126.4m) x 100 ft (30.4m) c Bisso…
NOVEMBER 16, 2016 — Technip says its latest newbuild, the DP3 class diving support vessel (DSV) Deep Explorer, is "the most modern and versatile DSV in the world," thanks to her latest technology diving control…
NOVEMBER 15, 2016 — The Island Offshore group, which is majority owned by the Ulstein and Chouest families, is taking steps to restructure its financing. An Oslo Stock Exchange announcement today says: "Island Offshore Shipholding…
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