Rystad sees offshore drilling set for two-year uptick

After a challenging 2020, oil and gas demand recovery — supported by vaccination efforts and OPEC+ supply cuts — is proving good for drilling activity, says Oslo, Norway, headquartered consultancy Rystad Energy.

Island Offshore sets anchor handling record

The Island Offshore Group, which is majority owned by the Ulstein and Chouest families, has notched up a world record. In anchor-laying operations on the Solveig field in the North Sea, operated

Solstad Offshore sheds two anchor handlers

Skudeneshavn, Norway, headquartered Solstad Offshore ASA reports that its wholly owned subsidiary Partrederiet International Offshore Services ANShas sold the 2003 built AHTS vessels Lady Astrid and Lady Caroline. According to the Equasis

Tidewater makes two leadership promotions

Offshore services major Tidewater Inc. (NYSE: TDW) has named Sam Rubio as Chief Financial Officer and David Darling as Chief Operating Officer. “The leadership and ingenuity these two individuals have demonstrated by

Tidewater’s Kneen gives analysts “a little more color behind the scenes”

In a call with financial analysts yesterday, Tidewater Inc. (NYSE:TDW) President and CEO Quintin Kneen covered not just the numbers but also gave some interesting insights into the benefits the offshore services

Solstad Offshore AHTS to head for Australia

Skudeneshavn, Norway, headquartered Solstad Offshore ASA reports that its large AHTS Normand Ranger has been awarded a contract in Australia for commencement in second quarter 2021. The vessel will mobilize from Norway

VesselsValue sees offshore wind as opening up opportunities for liftboats

Online valuation and data provide VesselsValue has added liftboats to its coverage. Robert Day, Head of Offshore at VesselsValue, says that last year saw a spotlight on renewables, particularly offshore wind energy,

OPINION: Will Ferrell is right, Norway is a model for energy policy

by Aaron Smith, President and CEO, OMSA Like most Americans, I spent the Monday following the Super Bowl thinking about the ads. What stuck in my mind was GM’s ad featuring Will

Kongsberg Maritime to deliver tech package for Triumph Subsea newbuild

Under a Letter of Intent signed with Brodosplit Shipyard and DIV Group in Croatia, Kongsberg Maritime is to deliver a large technology package for an ST-269 unit being built for the Scottish-based

Green seismic ship Polarcus

Polarcus in provisional liquidation

Dubai-based seismic vessel specialist Polarcus (OSE: PLCS) is now in provisional liquidation. Following an application by Polarcus to the Grand Court of the Cayman Islands seeking the appointment of “Soft Touch Provisional