Offshore

Britoil to enter PSV market with PX121 pair

NOVEMBER 8, 2012 — Singapore shipowner Britoil Offshore Services Pte Ltd. is entering the PSV market. It has entered into a contract with Ulstein covering the design and equipment for two PX121

Ocean Power Technologies gets $900,000 contract

OCTOBER 23, 2012 — Wave energy technology specialist Ocean Power Technologies (Nasdaq: OPTT), Inc. is benefiting from a Japanese Government decision to place far more emphasis on renewable energy following the Fukushima

Extreme Semi-SWATH launched in Holland

OCTOBER 23, 2012 – BMT Nigel Gee Ltd. reports that the first 26 m XSS offshore wind farm support vessel for Turbine Transfers has been launched at the Sepers B.V shipyard in

First steel cut for Prelude FLNG

OCTOBER 19, 2012 — Shell yesterday celebrated the cutting of first steel at Samsung Heavy Industries’ Geoje shipyard in South Korea for the substrucure of what will be the largest offshore floating

McDermott’s Mexico yard gets rig refurb contracts

OCTOBER 18, 2012 — McDermott International, Inc. (NYSE: MDR) reports that a subsidiary has been awarded contracts to refurbish and undertake rig repair work at the McDermott Altamira fabrication facility in Tamaulipas,