Polarcus to bareboat second vessel to Sovcomflot
FEBRUARY 9, 2017 — Geophysical company Polarcus Limited is set to bareboat charter a second of the seven seismic vessels in its fleet to the SCF Geo subsidiary of Russia’s Sovcomflot. A
Oil & Gas
Norwegian players plan OSV sector merger
FEBRUARY 6, 2017 — With tough times persisting in the offshore services sector, stakeholders are planning a three way merger of Solstad Offshore, Farstad Shipping and Deep Sea Supply. What will emerge,
DOF Subsea wins three year IMR agreement
FEBRUARY 3, 2017 — DOF Subsea has been awarded a three-year IMR frame agreement with one of the major oil and gas companies in the Asia Pacific region. DOF Subsea says it
Arctech names first of Sovcomflot Sakhalin-2 support vessels
JANUARY 31, 2017 — Finland’s Arctech Helsinki Shipyard yesterday held a naming ceremony for a new ice-breaking platform supply vessel (IBSV) commissioned by Russia’s SCF Group (Sovcomflot). Named for Gennadiy Nevelskoy (1813-1876),
Reach takes Havila Shipping vessel for three years
JANUARY 23, 2016 — Haugesund, Norway, headquartered Reach Subsea has entered into an agreement with Havila Shipping ASA for use of the subsea vessel Havila Subsea for three years. The agreement also
VIDEO: Ulstein Verft delivers its largest OCV yet
JANUARY 20, 2017 — Norway’s Ulstein Group has delivered Island Venture, the largest Offshore Construction Vessel (OCV) yet built at its Ulstein Verft shipyard. Owned by Island Ventures 5 LLC, a joint
Emerson solution picked for Sleipnir ballast control system
JANUARY 5, 2017 — Heerema Marine Contractors has chosen Emerson Automation Solutions to provide a valve remote control (VRC) system for the world’s largest semi-submersible offshore crane vessel, SSCV Sleipnir, currently under
Keppel FELS reaches settlement on Parden jack-up
DECEMBER 30, 2016 — Singapore’s Keppel FELS has reached an agreement on the sale of a KFELS B Class design jack-up originally ordered back in August 2015 by Uruguay-based Parden Holding for
Farstad secured lenders agree payments stand-still
DECEMBER 27, 2016 – Back in November, Norway’s Farstad Shipping ASA said it had signed a non-binding letter of intent with a company in the Siem Industries group for the financial restructuring
Obama permanent drilling bans could be short lived
DECEMBER 21, 2016 — Oil and gas industry voices are already calling on the incoming Trump administration to reverse “permanent” restrictions on drilling in the Arctic and Atlantic announced yesterday by President