Oil & Gas

Møkster orders second wave-piercing PSV

APRIL 4, 2014 — Norway’s Simon Møkster Shipping has signed a contract with Spanish shipbuilder Astilleros Gondan. It covers the construction of a sister vessel to the Rolls-Royce UT-766 design wave-piercing platform

Oaktree-backed Harkand charters HOS OCV

MARCH 31, 2014 — IRM, survey and light construction contractor Harkand has entered into a charter agreement with Hornbeck Offshore for the Jones Act qualified offshore construction vessel HOS Mystique for a

Coastal wins OSV orders, jack-up in works

MARCH 28,2014 — Malaysia’s Coastal Contracts Bhd has reported its first shipbuilding contracts for 2014. Worth a total of approximately RM178 million (about $55 million), they cover three offshore support vessels and

Keeping Canadian oil sands moving

MARCH 27, 2014—Alberta, Canada has some of the world’s largest proven reserves of oil—about 170 billion barrels. Almost all of those reserves are locked away in oil sands (more commonly referred as

Rowan newbuild first with ABS ISQM notation

MARCH 27, 2014 — Classification society ABS reports that Rowan Companies’ newbuild Rowan Renaissance drillship is the first in the world to have earned ABS’ Integrated Software Quality Management (ISQM) notation. Capable