Oil & Gas

APRIL 20, 2017 — Kvaerner has awarded Rolls-Royce a contract worth about $19.2 million to provide a mooring system for Statoil's Njord A oil platform Originally delivered in 1997 Njord A is a semisubmersible floating…
APRIL 19, 2017—While overall seaborne demand for Very Large Crude Carriers (VLCC) and Suezmax tankers was down 4.6% in the first quarter of this year as compared with the previous quarter, there was strong demand…
APRIL 19, 2017 — DOF Subsea and TechnipFMC report that the Skandi Búzios, a pipelay support vessel (PLSV) owned by the joint venture formed between DOF Subsea (50%) TechnipFMC (50%), last week commenced an 8-year…
APRIL 18, 2017 — Construction of a Robert Allan Ltd. (RAL) designed ART 100-46 class infield support vessel (ISV) is well underway at Damen Shipyards Sharjah, UAE for KT Maritime Services Australia Pty Ltd. The…
APRIL 18, 2017 — Classification society Bureau Veritas (BV) has granted Mitsui Engineering & Shipbuilding Co., Ltd. (MES) Approval in Principle (AIP) for the noah-FPSO Hull and associated design and construction. BV says thatThe AIP…
APRIL 14, 2017 – ABS says that its just issued Guidance Notes on Geotechnical Performance of Spudcan Foundations result from multiple targeted jack-up research initiatives. The document is the industry's first guidance to present a…
APRIL 10, 2017 — Edison Chouest Offshore (ECO) and its family of companies have announced a 30-month alliance agreement with BP. Chouest and BP have enjoyed a business alliance for over eight years, and the…
APRIL 5, 2017 — Furie Operating Alaska LLC has agreed to pay $10 million to satisfy a civil penalty originally assessed against it by U.S. Customs and Border Protection (“CBP”) for violating the Jones Act,…
APRIL 4, 2017 — On January 18, the Customs and Border Protection Agency (CBP) announced proposed modifications and revocations to around 30 identified rulings, as well as additional unidentified rulings, related to the use of…
APRIL 4, 2017 — Shares in John Fredriken's Seadrill Limited (NYSE:SDRL) plunged today as the drilling contractor warned that a restructuring plan it is working on "will likely involve schemes of arrangement or Chapter 11…
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