Oil & Gas

Offshore rig activity rises in U.S.

AUGUST 11, 2014—As of August 8, there were 60 rigs operating in the U.S. Gulf of Mexico, up five from the same period one year ago, according to Baker Hughes rotary rig

Breakthrough for MJP waterjets in U.S. Gulf

AUGUST 11, 2014—Successful sea trials of Rodi Marine’s newest crewboat the M/V Riley Claire have provided waterjet manufacturer Marine Jet Power a breakthrough in the fiercely competitive Gulf of Mexico crewboat market.

Mermaid Marine takes delivery of AHTS from Jaya yard

AUGUST 6, 2014 — Fremantle, Western Australia, headquartered Mermaid Marine Australia  (MMA) has taken delivery of the new state-of-the-art anchor handling tug supply (AHTS) Jaya Majestic. Built at Jaya’s Tuas, Singapore, shipyard,

Sinopacific books first Mexican OSV order

AUGUST 5, 2014 — China’s Sinopacific Shipbuilding Group has signed a contract with Mexican shipping company Naviera Petrolera Integral S.A. de C.V. for the construction of three SPP17A platform supply vessels. They

Damen delivers first of three seismic chasers

AUGUST 4, 2014 — Maskant Shipyards, Stellendam, the Netherlands, a member of Damen Shipyards Group, has delivered 7-Oceans, the first of three 35 m seismic research support vessel (or chasers), to offshore

HOS beats analysts’ expectations

JULY 31, 2014 — Covington, LA, headquartered Hornbeck Offshore Services, Inc. (NYSE:HOS) reported results for the second quarter ended June 30, 2014 that saw upstream revenue and EBITDA set new quarterly highs