Oil & Gas

MARCH 24, 2017 — The major players have now signed off on the statutory next step in the plans that will see Solstad Offshore ASA, Farstad Shipping ASA and Deep Sea Supply Plc merged into…
MARCH 22, 2017 — U.S. Secretary of the Interior Ryan Zinke today announced that Lease Sale 247 for oil and gas parcels in the Gulf of Mexico attracted $274,797,434 in high bids for 163 tracts…
MARCH 21, 2017 — With the approval of Transocean, Keppel FELS Limited has reached a preliminary agreement with Borr Drilling Limited of Bermuda (Borr Drilling) that will see the construction contracts for five jackup rigs…
MARCH 19, 2017 — The Board of Singapore based Ezra Holdings Limited says that on March 18, the company, together with its wholly-owned subsidiaries, EMAS IT Solutions Pte Ltd and Ezra Marine Services Pte. Ltd…
MARCH 15, 2017 — More than 50 participants, including delegates from major owners, designers, shipyards and ABS technical representatives, provided input at the recent ABS Special Committee Meeting on the class society's Rules for Building…
MARCH 10, 2017 — Singapore based Ezra Holdings Limited reports that it has received a statutory demand from shipbuilder VT Halter Marine for payment of a sum of US$3,207,663.36 together with accruing interest that is…
MARCH 9, 2017 — Paris headquartered offshore services provider Bourbon reports that it has signed an agreement with its financial partners providing for the rescheduling of the maturities of a large part of its financial…
MARCH 8, 2017—The final six in a series of twelve 48m DP-1 monohull Fast Supply Vessels (FSVs) were recently delivered by Brazilian shipyard ETP Engenharia for operation in Brazil, according to the vessels’ designer Australia’s…
MARCH 8, 2017 — Figures from VesselsValue indicate that the oversupply of vessels in the offshore services industry is set to get a lot worse. VesselsValue says that 2017 will be a record year for…
FEBRUARY 28, 2017 — DOF ASA has sold its 71.9 m UT755L PSV vessel Skandi Waveney, delivered by the shipyard in 2001, to a company outside Norway and not engaged in the offshore oil service…
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