Oil & Gas

AUGUST 24, 2016 — Though today's oil and gas Lease Sale 248 was the the first federal offshore oil and gas auction broadcast live on the internet, the results were still dismal. It attracted $18,067,020…
AUGUST 23, 2016 — Metairie, LA, headquartered A. K. Suda, Ltd. (Suda) has successfully completed the design of a 320 ft (97.5 m) truss-legged liftboat. Built by shipbuilder Triyards Marine for Swissco Offshore, the vessel…
AUGUST 23, 2016 — Allseas Group S.A reports that its dynamically positioned single-lift installation/decommissioning and pipelay vessel Pioneering Spirit yesterday successfully executed its maiden heavy lift project, removal of the 13,500 t Yme mobile offshore…
AUGUST 23, 2016 — Maersk Supply Service has sold the anchor handlers Maersk Puncher and Maersk Provider as part of its recently announced plans (see earlier story) to cut its fleet by up to 20…
AUGUST 18, 2016 — Maersk Supply Service says it will reduce its fleet by up to 20 vessels and reduce its crew pool by 400 offshore positions. Maersk Supply Service says the plan is in…
AUGUST 15, 2016—Parker Bestobell Marine reports it has won a new order from Korea’s Daewoo Shipbuilding & Marine Engineering (DMSE) to supply cryogenic valves for three new Liquefied Natural Gas (LNG) carriers. The company’s valves…
AUGUST 11, 2016 — Japan's IHI Corporation has received Approval in Principle (AiP) from classificatiom society DNV GL for its FLPS (Floating LNG Power Station) concept. The FLPS concept is a combination of a Floating…
AUGUST 10, 2016 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported a first quarter net loss for the period ended June 30, 2016, of $89.1 million, or $1.89 per common share, on revenues of $167.9…
AUGUST 8, 2016 — The U.K. Marine Accident Investigation Branch has launched an investigation into the grounding of the semi-submersible Transocean Winner on the west coast of the Isle of Lewis in Scotland's Western Isles…
AUGUST 8, 2016 — DNV GL has welcomed the world's largest semi-submersible drilling rig into class.Ocean GreatWhite is 123 m long and 78 m wide and was delivered at the Ulsan, South Korea, shipyard of…
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