Oil & Gas

GulfMark Offshore exercises option at Simek A/S

Houston-headquartered GulfMark Offshore, Inc. (NYSE: GLF) reports that it has exercised an option under its existing construction contract with shipbuilder Simek A/S of Flekkefjord, Norway to build another 92.6 m x 19.2m

McDermott books $2 billion subsea contract

McDermott International, Inc. (NYSE:MDR) reports that its Australian subsidiary has received and signed a letter of award for the Ichthys Gas-condensate Field Development subsea umbilical, riser, flowline (“SURF”) project by INPEX. The

Tidewater adds to senior management team

Offshore services giant Tidewater Inc. (NYSE:TDW) announced today that Jeffrey A. Gorski has joined Tidewater as a Senior Vice President. Mr. Gorski reports to Tidewater’s Chief Operating Officer, Jeff Platt, and is

Höegh LNG wins Lithuanian FSRU tender

Höegh LNG reports that has been informed by AB Klaipedos Nafta that Höegh LNG made the winning tender offer for a new LNG floating storage and regasification unit in Lithuania. A mandatory

Otto Marine issues profit warning

Singapore based offshore services specialist Otto Marine Limited has issued a profit warning about the financial results of the company and its subsidiaries for the financial year ended December 31, 2011. The