HOS reports red ink first quarter
MAY 4, 2017 — Covington, LA, headquartered Hornbeck Offshore Services, Inc. (NYSE:HOS) yesterday reports results for the first quarter ended March 31, 2017. The company recorded a net loss for the first
Offshore
Environmentalists file suit to block Trump offshore order
MAY 3, 2017 — Conservation and Alaska Native groups today filed a lawsuit against President Trump in federal district court in Alaska. It challenges his decision to eliminate a permanent ban on new
Zinke inks orders implementing Trump offshore plan
MAY 3, 2017 —Secretary of the Department of the Interior Ryan Zinke yesterday used the floor of the OTC event to sign two secretarial orders aimed at unleashing America’s offshore energy potential
New Harvey MPSV: Jones Act debate ender
MAY 2, 2017 — Harvey Gulf International Marine today announced the delivery of the first of two, large capacity Multi Purpose Support Vessels (MPSV) built by Eastern Shipbuilding, Panama City, FL. Harvey
How to make risk assessments more dynamic
MAY 2, 2017 — DNV GL has launched a position paper showing how risk assessments can be made more dynamic, to provide improved and real-time decision support during operations. Static quantitative risk
ABS partners with Hanjin on 25,000 cu.m FSRU concept
MAY 1, 2017 — Classification society ABS reports that it has been working with Korean shipbuilder Hanjin Heavy Industries and Construction Co., Ltd. (HHIC) as it completed a new Floating Storage and
Seadrill to sell three jack-ups to Shelf Drilling
MAY 1, 2017 — John Fredriksen’s Seadrill Limited today reported that it has reached an agreement with Dubai based Shelf Drilling Ltd to sell the jack-ups West Resolute (Marathon LeTourneau Super 116-C),
Lamprell delivers final jack-up in nine rig series
APRIL 30, 2017 — United Arab Emirates based Lamprell plc (LON:LAM) has delivered the Al Lulu, the final jack-up drilling rig in a series of nine for Abu Dhabi’s National Drilling Company
Pioneering Spirit sets world lifting record
APRIL 28, 2017 — Allseas’ dynamically positioned single-lift installation/decommissioning and pipelay vessel Pioneering Spirit set a world lifting record today with the safe and successful removal of Shell UK’s 24,000 t Brent
VIDEO: Trump signs America-first offshore energy order
APRIL 28, 2017 — Setting the stage for many likely legal challenges, President Donald J. Trump today issued an Executive Order aimed at implementing an America-first offshore energy strategy. As well as