NOVEMBER 17, 2014 — In a deal that is expected to attract intense anti-trust scrutiny, the world’s second and third largest oilfield services providers, Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated
NOVEMBER 17, 2014 — Singapore based Miclyn Express Offshore (MEO) looks to have picked up a bargain in the assets sell-off resulting from Superior Energy Services’ decision to shut up shop at
NOVEMBER 14, 2014 — The Natural Resources Development Council (NRDC) reports that the U.S. Court of Appeals for the Ninth Circuit has rejected a Shell Gulf of Mexico Inc. and Shell Offshore
NOVEMBER 13, 2014 — South Korea’s Hyundai Heavy Industries Co., Ltd. (HHI), the world’s largest shipbuilder and a major offshore facilities contractor, has signed a contract for a $1.94 billion order for
NOVEMBER 12, 2014 — New Orleans, LA, headquartered Harvey Gulf International Marine has recently installed Advanced Logistics’ marine management system, SAMM, and preventative maintenance module, Preventer, on its fleet of offshore supply and
NOVEMBER 10, 2014 — ABS has granted Arendal, Norway, based Sevan Marine AS approval in principle (AIP) for its cylindrical floating LNG (FLNG) production unit concept for offshore production, storage and transfer
NOVEMBER 7, 2014 — Teekay Offshore’s wholly-owned subsidiary ALP Maritime Services B.V. (ALP) has agreed to acquire six modern on-the-water long-distance towing and anchor handling vessels for approximately $220 million. The vessels
NOVEMBER 5, 2014 — Zhejiang Shipbuilding, Ningbo, China, recently delivered Sea Swift, completing a series of twelve 88.9 m Ulstein PX 105 design platform supply vessels ordered by ship owner Deep Sea
NOVEMBER 4, 2014 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported second quarter net earnings for the period ended September 30, 2014, of $60.9 million, or $1.22 per common share, on revenues
OCTOBER 31, 2014 — Singapore’s Keppel FELS shipyard has secured a contract for a KFELS Super B Class jack-up rig worth about US$240 million from BOT Lease Co., Ltd (BOTL), an affiliated