Rynd named new President & CEO of Tidewater
FEBRUARY 16, 2018 — Publicly traded Tidewater Inc. (NYSE: TDW) announced it has appointed former Hercules Offshore executive John T. Rynd as the company’s new President and Chief Executive Officer and a
Oil & Gas
Spill response: OSRL and Cedre strengthen cooperation
FEBRUARY 14, 2018 — Oil Spill Response Limited (OSRL) and France’s Center for Documentation, Research and Experimentation on Accidental Water Pollution (Cedre) have signed a Letter of Cooperation to strengthen operational level
Kvaerner wins Barents Sea FPSO topside modules contract
FEBRUARY 13, 2017 — Kvaerner has signed a contract with Statoil for delivery of the topside modules for the Johan Castberg floating production vessel (FPSO), as well as for hook-up and integration
Bourbon reorganizes: Will take $210 million loss on sale of 41 vessels
FEBRUARY 13, 2017 — Paris headquartered offshore services provider Bourbon Corporation is to shed 41 of its 65 oldest vessels and take an expected impairment loss of about €170 million (about $210
VIDEO: Umoe Mandal teams with Bordelon on next gen crew transfer
FEBRUARY 6, 2018 — U.S. operators in the market for high performance oil & gas sector crew transfer vessels could soon have a new option. Norwegian shipbuilder Umoe Mandal has introduced the
Design advances for new reel-lay vessel for Subsea 7
FEBRUARY 6, 2018 — Dutch shipbuilder Royal IHC reports that it has reached the first significant milestone in the design and build process of a 149m x 33m integrated reel-lay vessel for
GC Rieber secures three year time charter for Polar Onyx
FEBRUARY 1, 2018 — Bergen, Norway, headquartered GC Rieber Shipping has entered into a time charter agreement with Deepocean BV for the SURF vessel Polar Onyx for a fixed period of three
Two oil majors announce major U.S. GoM deepwater finds
FEBRUARY 1, 2018 — Oil majors Shell and Total have each announced major oil discoveries in the deepwater U.S. Gulf of Mexico. Shell Offshore Inc. yesterday announced what it called “one of
Rolls-Royce reveals more details on SEACOR hybrid vessels
JANUARY 30, 2018 —Rolls-Royce Commercial Marine has released more details on an order it received to deliver battery-powered energy systems for six Platform Supply Vessels (PSVs), built by China’s Cosco Guangdong shipyard.
Jackup rig values rise on oil recovery
JANUARY 26, 2018 —Rising oil prices have increased interest in secondhand for jack-up rigs, pushing asset values up 36 percent from a year ago, according to data compiled by VesselsValue. VV’s Fixed