Oil & Gas

IHC Merwede launches Subsea 7 pipelayer

MAY 3, 2013 — IHC Merwede has today successfully launched Subsea 7’s 550 t pipelaying vessel, Seven Waves, at its shipyard in Krimpen aan den IJssel, The Netherlands. The ship will be

Seacor enters the LPG arena

MAY 3, 2013 — Seacor Holdings Inc. (NYSE: CKH) is getting into the LPG sector. It reports that it has executed an agreement with shipbuilder Hyundai Heavy Industries Co., Ltd., through a

EMAS AMC wins $75 million Statoil subsea contract

MAY 2, 2013 — Singapore headquartered Ezra Holdings Limited reports that its subsea division, EMAS AMC, has been awarded a subsea engineering, procurement and offshore construction contract from Norway’s Statoil for the

Bourbon reports increased first quarter revenues

MAY 2, 2013 — Paris-headquartered offshore services provider Bourbon reports that at Euros 315.1 first quarter revenues were up 13.4 percent compared with first quarter 2012 (EUR 278 million) and stable compared

Vard gets LOI for LNG-fueled PSV

APRIL 23, 2013 — Vard reports that it has entered into a Letter of Intent with Stavanger, Norway, based Simon Møkster Shipping for the design and construction of a platform supply vessel