Rolls-Royce and Siem Offshore ink five year service agreement

MAY 9, 2018 — Rolls-Royce has signed a long-term service agreement with Kristiansand, Norway, headquartered Siem Offshore for the maintenance of its deck machinery installations aboard 12 state-of-the art anchor handling vessels.

Shell’s Vito deepwater project: “Break-even at $35 per barrel”

MAY 9, 2018 — The downturn in the price of oil over the past few years forced oil and gas producers to rethink their approach to deepwater offshore oil and gas development.

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

Seajacks to install turbines for Taiwanese offshore wind farm

MAY 2, 2018 — U.K.-based offshore installation contractor Seajacks recently won a contract from Siemens Gamesa to install its 6MW wind turbines during Phase 2 of the 120MW Formosa 1 offshore wind

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

Offshore wind: Periods of 2018 will see all Seacat vessels under charter

MAY 2, 2018 —Isle of Wight, U.K. based offshore energy support vessel (OESV) operator, Seacat Services, reports that periods of 2018 will see all of its 14 vessels under charter, with some

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

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