Latest lease sale gets just $18 million in high bids
AUGUST 24, 2016 — Though today’s oil and gas Lease Sale 248 was the the first federal offshore oil and gas auction broadcast live on the internet, the results were still dismal.
Oil & Gas
Triyards completes Suda 320-L4 liftboat for Swissco
AUGUST 23, 2016 — Metairie, LA, headquartered A. K. Suda, Ltd. (Suda) has successfully completed the design of a 320 ft (97.5 m) truss-legged liftboat. Built by shipbuilder Triyards Marine for Swissco
Pioneering Spirit completes first commercial project
AUGUST 23, 2016 — Allseas Group S.A reports that its dynamically positioned single-lift installation/decommissioning and pipelay vessel Pioneering Spirit yesterday successfully executed its maiden heavy lift project, removal of the 13,500 t
Maersk Supply sheds two anchor handlers
AUGUST 23, 2016 — Maersk Supply Service has sold the anchor handlers Maersk Puncher and Maersk Provider as part of its recently announced plans (see earlier story) to cut its fleet by
Maersk Supply to shed vessels, cut 400 crew jobs
AUGUST 18, 2016 — Maersk Supply Service says it will reduce its fleet by up to 20 vessels and reduce its crew pool by 400 offshore positions. Maersk Supply Service says the
Parker Bestobell to supply cryogenic valves for LNG carriers
AUGUST 15, 2016—Parker Bestobell Marine reports it has won a new order from Korea’s Daewoo Shipbuilding & Marine Engineering (DMSE) to supply cryogenic valves for three new Liquefied Natural Gas (LNG) carriers.
Floating LNG power plant gets DNV GL AIP
AUGUST 11, 2016 — Japan’s IHI Corporation has received Approval in Principle (AiP) from classificatiom society DNV GL for its FLPS (Floating LNG Power Station) concept. The FLPS concept is a combination
Tidewater: Another red ink quarter
AUGUST 10, 2016 — Offshore services giant Tidewater Inc. (NYSE:TDW) reported a first quarter net loss for the period ended June 30, 2016, of $89.1 million, or $1.89 per common share, on
VIDEO: Transocean semi grounds off Scotland
AUGUST 8, 2016 — The U.K. Marine Accident Investigation Branch has launched an investigation into the grounding of the semi-submersible Transocean Winner on the west coast of the Isle of Lewis in
World’s largest semi joins DNV GL fleet
AUGUST 8, 2016 — DNV GL has welcomed the world’s largest semi-submersible drilling rig into class.Ocean GreatWhite is 123 m long and 78 m wide and was delivered at the Ulsan, South