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

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

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