Houston-headquartered Vantage Drilling Company (NYSE Amex: VTG) reports that it has signed a definitive agreement with Valencia Drilling Company to acquire the rights and obligations under the construction contract for the ultra-deepwater
Hercules Offshore, Inc. (Nasdaq: HERO) reports the execution of a definitive agreement to acquire the offshore drilling rig Ocean Columbia from a subsidiary of Diamond Offshore Drilling, Inc. (NYSE: DO – News).
Heavy lift specialist Dockwise Ltd. reports that it has received six new contract awards, totaling $57 million, for execution in the first half of 2012 and in 2015. The wins include a
Island Offshore, in which the Chouest and Ulstein families are partners, has ordered an advanced subsea support vessel from STX OSV. To be built to the Rolls-Royce UT 737 CD design, it
ABS is to class a first-of-its-kind Arctic Containment System (ACS), slated for deployment in June 2012 to serve all exploration activities in the Chukchi and Beaufort seas offshore Alaska. The non self-propelled
Houston headquartered Helix Energy Solutions has placed a $385.5 million order with Singapore’s Jurong Shipyard, a Sembcorp Marine subsidiary. It covers construction of a newbuild semisubmersible well intervention vessel. Owen Kratz, Helix’s
Offshore services giant Tidewater Inc. (NYSE: TDW) reports “unexpected developments” in its negotiations with Angolan national oil company Sonangol on Sonatide, the joint venture with Sonangol in which Tidewater has a 49
Singapore’s Ezra Holdings has raised nearly US$100 million in a private placement aimed at boosting its balance sheet in anticipation of increased demand for its subsea and offshore support services. Now, it
“The market upturn in 2011 has resulted in early signs of an improvement in Bourbon’s performance and results,” said Christian Lefèvre, Chief Executive Officer of Bourbon announced, reporting the Paris-headquartered offshore giant’s
Cal Dive International, Inc. (NYSE:DVR) reports that it has been awarded a contract by Pemex Exploración y Producción for the installation of a 20 inch subsea pipeline located in the Abkatun Pol