Oil & Gas

Farstad OCVs to be Rolls-Royce DP3 equipped

JANUARY 29, 2014 — Rolls-Royce has signed a contract with shipbuilding group Vard that will see its latest DP3 dynamic positioning system installed on two new offshore construction vessels on order for

Nam Cheong books orders worth $70 million

JANUARY 28, 2014 — Malaysian shipbuilder Nam Cheong Limited has booked orders worth $70 million from repeat customer, Aberdeen, Scotland, based Sentinel Marine. They cover four Emergency Response and Rescue Vessels (ERRV)

Ezra wins subsea orders worth $80 million

JANUARY 24, 2014 — Singapore’s Ezra Holdings reports that its subsea services division (EMAS AMC) has been awarded projects worth a total of approximately $80 million, including options. The news follows the

Rem orders Arctic PSV at Kleven

JANUARY 23, 2014 — Rem Offshore ASA has awarded Norway’s Kleven Shipyard a contract for the construction of a platform supply vessel specially designed to operate in challenging arctic conditions. Valued at

Outlook positive for offshore, but tighter CAPEX

JANUARY 23, 2014—Amid a positive outlook for the offshore oil and gas industry in 2014, senior oil and gas professionals are forecasting tighter monitoring of capital expenditures (CAPEX) this year, according to

Accommodation vessel ready for Brazil

JANUARY 22, 2014—Marine Assets Corporation, headquartered in Dubai, UAE, recently handed over the Compact Semi-Submersible (CSS) Olympia, a DP-3 Accommodation Vessel, to Brazil’s Gran Energia. The accommodation vessel will go to work

Kleven books order for IMR vessel

JANUARY 21, 2014 — Norway’s Kleven shipyard has won an order from Stig Remøy’s Olympic Shipping AS covering the construction of an IMR  (Inspection, Maintenance and Repair) vessel of MT 6021 design.