Damen and CMM partner on fast crew change solution

MAY 23, 2018 — Compagnie Maritime Monégasque (CMM) and Damen Shipyards Group have joined forces to introduce a fast, safe and reliable Fast Marine Access crew change solution for the Brazilian market

Hornbeck closes acquisition of Aries OSV quartet

MAY 22, 2018 — In a filing with the the SEC, Hornbeck Offshore Services, Inc. (NYSE:HOS) reports that, on May 18, 2018, a wholly-owned subsidiary closed on the purchase of four high-spec

Sembcorp Marine firms up Vito FPU contract

MAY 21, 2018 — Sembcorp Marine Ltd reports that its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte. Ltd., has been awarded a contract by Shell Offshore Inc. to construct and integrate

Rolls-Royce and Siem Offshore ink five year service agreement

MAY 9, 2018 — Rolls-Royce has signed a long-term service agreement with Kristiansand, Norway, headquartered Siem Offshore for the maintenance of its deck machinery installations aboard 12 state-of-the art anchor handling vessels.

Shell’s Vito deepwater project: “Break-even at $35 per barrel”

MAY 9, 2018 — The downturn in the price of oil over the past few years forced oil and gas producers to rethink their approach to deepwater offshore oil and gas development.

Spirit Energy awards Bibby Offshore two year contract

MAY 8, 2018 — Aberdeen, Scotland, headquartered subsea services provider Bibby Offshore has secured a fixed term framework agreement with independent oil and gas operator, Spirit Energy. Awarded in April, the two-year

New York and New Jersey move to block offshore drilling

MAY 7, 2018 — The Trump Administration’s plans to open up Atlantic waters for offshore drilling continue to face mounting resistance from coastal states. Back in March, New York Governor Andrew Cuomo

Kirby to acquire Targa tank barge biz for $63.9 million

MAY 3, 2018 — Kirby Corporation (NYSE: KEX) today reported that it has signed an agreement to acquire Targa Resources Corp’s (NYSE: TRGP) inland marine tank barge business for approximately $69.3 million

HOS reports red ink in quarter and deal to buy four OSVs

MAY 3, 2018 — Covington, LA, based Hornbeck Offshore Services, Inc. (NYSE:HOS) yesterday reported its results for the first quarter ended March 31, 2018. And despite reporting losses, HOS disclosed that it

Global consortium aims to ease pains of decommissioning projects

MAY 2, 2018 — Global spending on oil and gas decommissioning is expected to be $13 billion per year by 2040. Now a new global decommissioning consortium has been set up that

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