Panama City, Fla., headquartered Eastern Shipbuilding Group reports that it has been contracted by Zurich American Insurance Company to complete the construction of two ultra high-spec 400 class Multi-Purpose Support Vessels (MPSVs)
Following its final investment decision (FID) to go ahead with the Sparta deepwater development in the U.S. Gulf of Mexico, Shell Offshore has awarded Singapore’s Seatrium a contract to construct and integrate
The Island Condor is not the only Island Offshore vessel headed to a shipyard for an upgrade. Ulstein reports that the Island Constructor, a 120 meter Ulstein SX 121 subsea vessel that
In yet another demonstration of the continuing importance of the U.S. Gulf of Mexico as a source of low carbon intensive production of oil, Shell Offshore Inc., a subsidiary of Shell plc,(51%
Van Oord has been contracted to build the Hollandse Kust (west) lot V wind farm. Located about 28.6 nautical miles west of the Netherlands, it is being billed by developer Ecowende (a
Ulsteinvik, Norway, headquartered Island Offshore has secured long-term employment for its supply vessel Island Condor, commencing in autumn 2024. “This is a fantastic Christmas gift for the company! We have worked purposefully
In another sign of the uptick in the offshore drilling sector, Brazil’s Petrobras has awarded Seadrill Limited a pair of 1,064-day fixed-term contracts for its drillships West Auriga and West Polaris. Awarded
Offshore drilling contractor Valaris Limited (NYSE: VAL) reports that it has exercised its options and taken delivery of newbuild drillships Valaris DS-13 and DS-14 for an aggregate purchase price of approximately $337
Yesterday’s Gulf of Mexico Oil and Gas Lease Sale 261 generated $382,168,507 in high bids for 311 tracts covering 1.7 million acres in federal waters of the Gulf of Mexico. A total
In what the American Petroleum Institute (API) slams as “a step in the wrong direction,” the Bureau of Ocean Energy Management has now published the final 2024–2029 National Outer Continental Shelf Oil