Spirit Energy awards Bibby Offshore two year contract

MAY 8, 2018 — Aberdeen, Scotland, headquartered subsea services provider Bibby Offshore has secured a fixed term framework agreement with independent oil and gas operator, Spirit Energy. Awarded in April, the two-year

New York and New Jersey move to block offshore drilling

MAY 7, 2018 — The Trump Administration’s plans to open up Atlantic waters for offshore drilling continue to face mounting resistance from coastal states. Back in March, New York Governor Andrew Cuomo

Kirby to acquire Targa tank barge biz for $63.9 million

MAY 3, 2018 — Kirby Corporation (NYSE: KEX) today reported that it has signed an agreement to acquire Targa Resources Corp’s (NYSE: TRGP) inland marine tank barge business for approximately $69.3 million

HOS reports red ink in quarter and deal to buy four OSVs

MAY 3, 2018 — Covington, LA, based Hornbeck Offshore Services, Inc. (NYSE:HOS) yesterday reported its results for the first quarter ended March 31, 2018. And despite reporting losses, HOS disclosed that it

Global consortium aims to ease pains of decommissioning projects

MAY 2, 2018 — Global spending on oil and gas decommissioning is expected to be $13 billion per year by 2040. Now a new global decommissioning consortium has been set up that

First Damen FCS retrofitted with motion compensated gangway

MAY 1, 2018 — A 50 m Damen FCS 5009 fast crew supply vessel in operation with Nigerian offshore services company LATC Marine in the Gulf of Guinea has been fitted with

VesselsValue launches daily valuations for Offshore Construction Vessels

MAY 1, 2018 — VesselsValue (VV), the world’s leading online valuation provider, is launching daily valuations for Offshore Construction Vessels (OCVs). This completes VV’s expansion into Offshore Valuation, which already includes all

Two Ocean Rig drillships first with ABS MPD-Ready notation

MAY 1, 2018 — ABS reports that it has awarded the world’s first Managed Pressure Drilling (MPD) –Ready Notation to Ocean Rig for the ABS-classed Corcovado and Mykonos deep water drillships. The

Borr Drilling sells off 14 oldies to a non-drilling company

APRIL 30, 2018 — Tor Olav Troim’s Borr Drilling Limited has sold 14 older jack-up rigs en bloc to a non-drilling company. The rigs were acquired as part of Borr Drilling’s acquisition

Havila brings PSV out of layup for Total charter

APRIL 19, 2018 — Fosnavåg, Norway, headquartered Havila Shipping ASA reports that it has entered into charter contracts with Total E&P UK for the PSV vessels Havila Aurora and Havila Borg. The

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