Oil & Gas

FEBRUARY 9, 2017 — Geophysical company Polarcus Limited is set to bareboat charter a second of the seven seismic vessels in its fleet to the SCF Geo subsidiary of Russia's Sovcomflot. A Polarcus subsidiary has…
FEBRUARY 6, 2017 — With tough times persisting in the offshore services sector, stakeholders are planning a three way merger of Solstad Offshore, Farstad Shipping and Deep Sea Supply. What will emerge, if all goes…
FEBRUARY 3, 2017 — DOF Subsea has been awarded a three-year IMR frame agreement with one of the major oil and gas companies in the Asia Pacific region. DOF Subsea says it has recently secured…
JANUARY 31, 2017 — Finland's Arctech Helsinki Shipyard yesterday held a naming ceremony for a new ice-breaking platform supply vessel (IBSV) commissioned by Russia's SCF Group (Sovcomflot). Named for Gennadiy Nevelskoy (1813-1876), an explorer of…
JANUARY 23, 2016 — Haugesund, Norway, headquartered Reach Subsea has entered into an agreement with Havila Shipping ASA for use of the subsea vessel Havila Subsea for three years. The agreement also includes two one-year…
JANUARY 20, 2017 — Norway's Ulstein Group has delivered Island Venture, the largest Offshore Construction Vessel (OCV) yet built at its Ulstein Verft shipyard. Owned by Island Ventures 5 LLC, a joint venture between Edison…
JANUARY 5, 2017 — Heerema Marine Contractors has chosen Emerson Automation Solutions to provide a valve remote control (VRC) system for the world's largest semi-submersible offshore crane vessel, SSCV Sleipnir, currently under construction at the…
DECEMBER 30, 2016 — Singapore's Keppel FELS has reached an agreement on the sale of a KFELS B Class design jack-up originally ordered back in August 2015 by Uruguay-based Parden Holding for fourth quarter 2015…
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…
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