PGS names third Ramform Titan seismic ship
MARCH 17, 2016 — PGS reports that the third of four 104.2 m x 70 m Ramform Titan-class seismic vessels, the Ramform Tethys, was named in a ceremony held today at the
Oil & Gas
Responders extinguish Bayou Sorrel platform fire
MARCH 16, 2015 — The Coast Guard reports that responders have extinguished a fire that broke out Tuesday on an oil production platform in Berry Lake Canal in Bayou Sorrel, Iberville Parish,
Tidewater draws $600 million maximum from revolver
MARCH 16,2016 — Offshore services giant Tidewater Inc. (NYSE: TDW) reported yesterday that it has borrowed $600 million under its revolving credit facility, the maximum amount available under the facility. The funds
Administration won’t open up Atlantic for offshore drilling
MARCH 16, 2015 — The Obama Administration has decided not to open up areas in the Atlantic for offshore drilling. The administration’s proposal for the Outer Continental Shelf (OCS) Oil and Gas
Another Suda liftboat set for delivery
MARCH 16, 2015 — A. K. Suda, Ltd., Metairie, LA, has successfully completed the design of a 300 ft (91.5m) truss-legged liftboat. The vessel, the Teras Lyza is being delivered to its
BSEE investigates offshore platform fatality
MARCH 14, 2014 — The Bureau of Safety and Environmental Enforcement (BSEE) said Friday that it was responding to a reported fatality on Platform A, Green Canyon Block 18 in the Gulf
Havyard reports cancelation of subsea newbuild
MARCH 9, 2016 — Norwegian shipbuilder Havyard reports the cancelation of an order for an advanced subsea vessel placed by an undisclosed “international shipping company” in June last year (see earlier story).
Transocean defers delivery of five jack-ups
MARCH 8, 2016 — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) says it has reached a mutual agreement with Keppel Offshore & Marine Ltd’s shipyard, Keppel FELS, to defer the delivery and related
Farstad: Another sale, another loss
MARCH 4, 2016 — Norway’s Farstad Shipping has sold another vessel — and booked another loss on the transaction. This time around, the vessel sold was the 1991-built, 73.6 m AHTS Far
Tidewater gets OK to try to collect part of Venezuela award
MARCH 3, 2016 —Tidewater Inc. (NYSE:TDW) has gotten the go ahead to enforce repayment of $37.2 million of the $65 million awarded it in compensation for the government seizure of its Venezuelan