Oil & Gas

Innovation in well work over gets ABS approval

SEPTEMBER 25, 2017 — A cantilever system developed by Abu Dhabi based Gulf Marine Services (GMS) has received ABS design approval and certification. Installed on the self-elevating support vessel (SESV) GMS Evolution,

Seadrill files for Chapter 11 bankruptcy

SEPTEMBER 12, 2017 — Offshore drilling contractor Seadrill Limited has today filed prearranged Chapter 11 cases in the Southern District of Texas together with an agreed restructuring plan. As part of the

PPL Shipyard cancels two jack-up contracts

AUGUST 31, 2017 — Singapore’s Sembcorp Marine Ltd reports that its wholly-owned subsidiary, PPL Shipyard Pte Ltd, has terminated two contracts with the subsidiaries of Perisai Petroleum Teknologi Bhd, for the construction

Baku Shipyard completes sea trials of SCV

AUGUST 28, 2017 — Azerbaijan’s Baku Shipyard reports that its first newbuild, the Subsea Construction Vessel (SCV) Khankendi, has successfully completed sea trials. Ordered in April 2014 under a US$378 million from