Offshore

Petrobras approves more OSV contracts

FEBRUARY 10, 2014 — Brazilian national oil company Petrobras reports that its Executive Board has approved the contracting of eight support vessels for its offshore activities. They are part of the third

Deltamarin gets Kraken FPSO FEED contract

FEBRUARY 7, 2013 — Raisio, Finland, headquartered naval architecture and engineering firm Deltamarin has signed a contract with Malaysia’s Bumi Armada, for the basic design of a floating production, storage and offloading

Oregon offshore wind project advances

FEBRUARY 6, 2013 — The Bureau of Ocean Energy Management (BOEM) has given the green light for Principle Power, Inc., Seattle, WA, to submit a formal plan to build a 30- megawatt

Ensco sells two oldies

FEBRUARY 4, 2014 —  Offshore drilling contractor Ensco plc (ESV) has sold its two remaining cold-stacked jack-up rigs for $33 million. The net book value of the two rigs, ENSCO 69 and