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
Oil & Gas
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
OOS International orders two SSCVs in China
AUGUST 4, 2016 — In what it calls a “quantum leap within the offshore & heavy lift industry,” Serooskerke, Netherlands, headquartered Holding OOS International Group B.V. yesterday confirmed that it has signed
Brazilian shipyard delivers Damen PSV 500
AUGUST 1, 2016 — Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and Chilean maritime services provider Ultramar, has taken delivery of a Damen PSV 5000, built at Wilson Sons
DOF Subsea wins Prelude FLNG IMR contract
JULY 29, 2016 —Shell Australia has awarded Bergen, Norway, headquartered DOF Subsea a five-year contract with two two-year options to provide a fulltime underwater services and multi-purpose supply vessel (MPSV) to the
Damen eyes oil and gas decommissioning market
JULY 28, 2016 — Damen Shipyards Group has announced its latest concept design: the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas decommissioning sector:
REM and Solstad agree to merge
JULY 28, 2016 — As tough times in the offshore services sector continue, Norway’s Solstad Offshore ASA and REM Offshore ASA have agreed to merge. a “triangular merger” under Norwegian law, REM
GulfMark sees “early signs of encouragement”
JULY 27, 2016 — Houston headquartered GulfMark Offshore, Inc. (NYSE:GLF) has reported results of operations for the three- and six-month periods ended June 30, 2016. For the quarter, revenue was $30.5 million,
Lamprell says equipment problem delays jack-up delivery
JULY 26, 2016 — United Arab Emirates(UAE) based Lamprell plc says that scheduled second-quarter 2016 delivery of a jack-up drilling rig has been delayed. The rig is in its final stages of