Oil & Gas

Sembcorp Marine books TechnipFMC FPSO contract

MARCH 28, 2018 – Sembcorp Marine subsidiary Sembcorp Marine Rigs & Floaters Pte. Ltd. has secured a contract from TechnipFMC to undertake the engineering, procurement and construction of hull and living quarters

OSV operators start scrapping more vessels

MARCH 27, 2018 — VesselsValue reports that operators of offshore service vessels are beginning to scrap an increasing number of older vessels, with year-to-date scrapping rates increasing by 153 percent on the

Tidewater adds two to leadership team

MARCH 22, 2018 — Offshore support vessel operator Tidewater Inc. (NYSE: TDW) yesterday announced two additions to its leadership team, appointing David Darling as Vice President and Chief Human Resources Officer and

Giant lease sale seen as “modestly active”

MARCH 21, 2018 — Interior Assistant Secretary for Land and Minerals Management Joe Balash today announced that region wide Gulf of Mexico Lease Sale 250 conducted today by Interior’s generated $124,763,581 in