Oil & Gas

BAE Systems Jacksonville wins order for two PSVs

DECEMBER 6, 2012 — BAE Systems’ shipyard in Jacksonville, Fla., is to build two new platform supply vessels for Jackson Offshore Operators, LLC. The contract reflects continued growth in U.S. commercial shipbuilding

Britoil to enter PSV market with PX121 pair

NOVEMBER 8, 2012 — Singapore shipowner Britoil Offshore Services Pte Ltd. is entering the PSV market. It has entered into a contract with Ulstein covering the design and equipment for two PX121

First steel cut for Prelude FLNG

OCTOBER 19, 2012 — Shell yesterday celebrated the cutting of first steel at Samsung Heavy Industries’ Geoje shipyard in South Korea for the substrucure of what will be the largest offshore floating

McDermott’s Mexico yard gets rig refurb contracts

OCTOBER 18, 2012 — McDermott International, Inc. (NYSE: MDR) reports that a subsidiary has been awarded contracts to refurbish and undertake rig repair work at the McDermott Altamira fabrication facility in Tamaulipas,