Oil & Gas

CIMC Raffles books jack-up order

MARCH 12, 2014 — Yantai CIMC Raffles Offshore Limited (CIMC Raffles), a wholly-owned subsidiary of CIMC Group, has secured an order from Thaumas Marine, a subsidiary of Malaysia’s Coastal Contracts Bhd, to

Vard gets LOI for its largest ship yet

MARCH 11, 2014 — Vard has received a Letter of Intent from Solstad Offshore for the design and construction of a large offshore subsea construction vessel (OSCV). If firmed up, the contract

McDermott books Arabian Gulf EPCI contract

MARCH 6, 2014 — McDermott International, Inc. (NYSE: MDR) reports that a subsidiary has been awarded a large engineering, procurement, construction and installation (“EPCI”) project by an operator in the Arabian Gulf.

Ulstein delivers Polar Onyx

MARCH 5, 2014 — Norway’s Ulstein Verft shipyard has delivered the offshore construction vessel Polar Onyx to GC Rieber Shipping. She is now headed to Huisman Schiedam in the Netherlands for installation

Keppel FELS wins order for new design jack-up

MARCH 3, 2014 — Singapore’s Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from TS Offshore Limited, to construct an ultra-high

Sembcorp Marine books jack-up, drillship orders

FEBRUARY 27, 2014 — Singapore’s Sembcorp Marine is starting the year with significant orders. Yesterday it announced that its PPL Shipyard had signed a turnkey jack-up rig contract worth US$214.3 million with